Gayle Tanner Real Estate Agent

Gayle Tanner

License#: 01828316
0
Reviews
(916) 605-6229

Blog

Bannerimage

Gayle's Market Minute, March 21, 2023

By Gayle Tanner - March 21, 2023
The takeover of Silicon Valley Bank by Federal Regulators last week has ushered in new economic uncertainty to the forecast that has spooked investors and cast doubts about what the Federal Reserve will do at its upcoming meeting, with markets anticipating a less aggressive posture amidst a potentially softer economic backdrop. This uncertainty about broader exposure has fueled a rally in the bond
Read more
Bannerimage

Gayle's Market Minute, February 20, 2023

By Gayle Tanner - February 20, 2023
Sales of existing single-family homes in California edged up from the prior month, despite dropping sharply from a year ago. While recent pending sales statistics suggest continued improvement in home sales in the coming months, a renewed concern that the Federal Reserve will keep rates high has sparked a surge in rates and created a cloudier market outlook for the short term. Meanwhile, resilienc
Read more
Bannerimage

Gayle's Market Minute - September 5, 2022

By Gayle Tanner - September 05, 2022
While some of the latest reports on consumer confidence and housing sentiment might have painted a more positive picture for the housing market conditions in August, recent developments in the lending environment and the financial market suggest that we could see more market uncertainty ahead of us. With interest rates rising sharply in the past couple weeks and the S&P 500 index falling nearly 9%
Read more
Bannerimage

Gayle's Market Minute, October 23

By Gayle Tanner - October 23, 2021
Just like California, the U.S. housing market also registered a strong month in September with sales up solidly from August, while prices remain elevated. Low rates continued to be the motivating factor that fuels housing demand, but the market will face some headwinds in the months ahead. With the Federal Reserve set to taper starting in November, interest rates will likely climb further before t
Read more
Bannerimage

Gayle's Market Minute, October 9, 2021

By Gayle Tanner - October 09, 2021
Assuming that the COVID situation will continue to improve, the economy and the housing market should remain solid in 2022. While the statewide home sales are expected to dip slightly next year according to our latest forecast, housing demand will remain solid and post the second highest level of sales in the past five years. Interest rates will remain low by historical standards, but the market w
Read more
Bannerimage

Gayle's Market Minute, September 27, 2021

By Gayle Tanner - September 27, 2021
California’s broader economic environment continues to show signs of gradual improvement, but the housing market continued to subside from the red-hot levels it began the year with. Home sales in September are on track to corroborate the decline in August pending sales, but prices remain relatively stable from where they were last month. An encouraging sign for buyers is that slightly fewer homes
Read more
Bannerimage

Gayle's Market Minute - September 11, 2021

By Gayle Tanner - September 11, 2021
The last week or two, the public health numbers have started to rejoin the broader economic numbers with some signs of gradual progress. In addition, interest rates remain favorable and new listings resumed their uptrend last week. Rising mortgage applications and home sales have yet to materialize, but California consumers have gotten slightly less pessimistic about buying over the past month, so
Read more
Bannerimage

Gayle's Market Minute August 31, 2021

By Gayle Tanner - September 01, 2021
Even as the pandemic persists and economic uncertainty rises, the housing market, although normalizing, is remaining remarkably resilient with little evidence of an impending foreclosure crisis. Home sales have fallen from 15-year highs and the number of new mortgage applications have been sliding for nearly 4 months. However, the market is just returning to pre-crisis levels where excess demand a
Read more
Bannerimage

Gayle's Market Minute August 17, 2021

By Gayle Tanner - August 17, 2021
Housing data shows home sales and prices continue to normalize in an extremely competitive environment. However, a resurgence of COVID-19 across the state has increased uncertainty about the broader economy moving forward and could be muting the recent uptick in new listings as public health concerns return to the fore for would-be homesellers. REALTOR® optimism in California has also moderated in
Read more
Bannerimage

Gayle's Market Minute, August 9, 2021

By Gayle Tanner - August 09, 2021
The economy posted strong signs of further improvement last week with just shy of 1 million new jobs created in July and the lowest level of unemployment since the onset of the pandemic. In addition, interest rates fell back below 2.8% last week and recently released construction data shows that California is on track to build at least 30% more homes this year than it did in 2020. However, the pub
Read more
Bannerimage

Gayle's Market Minute July 19, 2021

By Gayle Tanner - July 19, 2021
​Housing continues to show signs of normalizing in California as high prices and a competitive, gradually healing economy continue to bring more sellers back into the market. In addition, C.A.R. reported last week that June was another double-digit month for both sales and prices in the state. COVID cases have started to rise again and buyer fatigue continues to push sales down from 15-year highs.
Read more
Bannerimage

Gayle's Market Minute July 6, 2021

By Gayle Tanner - July 06, 2021
The California housing market had an outstanding performance in the first half of 2021, with both sales and its median price growing by double-digits year-over-year. Looking forward to the second half of the year, housing demand should remain solid but will likely slow as foreshadowed by the decline in mortgage applications. Recent increase in supply in both new and existing homes, however, is enc
Read more

Search

Categories

  • Office

  • 950 Iron Point Rd 170 Folsom CA 95630
  • Qualifying Broker
Copyright © 2026 Realty ONE Group Complete. All Rights Reserved. House Logo

Realty ONE Group, Inc is powered by Burrow Services, Inc.