Interest rates keep going down
Interest rates on home mortgages dropped again with the 30-year fixed-rate mortgage averaging 5.08%. Check out this article in the Wall Street Journal.
Interest rates on home mortgages dropped again with the 30-year fixed-rate mortgage averaging 5.08%. Check out this article in the Wall Street Journal.
Thursday, September 17, 2009
Now may be the time to join the ranks of homeowners. Check out this article from the Wall Street Journal written by James B. Stewart.
Thursday, February 12, 2009
Real Estate activity in the Truckee area has spiked considerably since the first of the year. Since January 1 there have been 60 new home escrows in the Truckee area with 34 of them coming in the past 14 days! 27 of those 60 have been in Tahoe Donner with 17 of them occurring [...]
Tuesday, January 6, 2009
Since the peak of the market in early 2006, single family homes in Truckee have dropped in value around 15% and prices are looking very similar to where they were in late 2004. We haven’t had the huge build-up in inventory or foreclosures which some areas of California have seen (except in vacant land). The performance of [...]
Thursday, April 3, 2008
I recently received an email from a client who purchased a vacation home a couple of years ago in Tahoe Donner. My client was deeply concerned about his investment as he had heard from a “friend” that the inventory of homes in the Tahoe Donner area was “huge” with one in 3 homes for sale, [...]
Wednesday, March 26, 2008
In a real estate market, such as Truckee and Lake Tahoe, where the vast majority of owners are investors or vacation homeowners, 1031 exchanges are a common part of a transaction. Until recently the IRS was very vague in defining “investment property” so many people performed exchanges even on properties which they had never rented [...]
Tuesday, March 25, 2008
As we begin to see an increase in buyer activity in the Sparks and Spanish Springs real estate market many want to know what is selling and where. According to data from the Northern Nevada Regional MLS, as of today in the Sparks and Spanish Springs areas almost three-quarters (73.5%) of the single family homes that have sold [...]
Thursday, September 17, 2009
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