One year ago, the interest rate on a 30-year fixed conforming and FHA loan was 4.875%, an incredibly low rate. However, the rate for those same loans today stands at only 5.125%, a mere ¼ point increase. With the 7.5% decrease in median home value in Truckee for homes in the conforming price range in [...]
Sunday, March 15, 2009
Buyers are showing a clear enthusiasm for newly-built homes that have solar power equipment installed. Some believe this is the boost that solar power systems need to start selling in more significant quantities. In a slower real estate market, homebuilders are especially sensitive to incentives that catch potential buyers’ interest. Buyers have been showing up at [...]
Friday, January 2, 2009
If you have been looking for the bottom of the market so that you can get a good deal on mountain property, please consider this: The lot market is in the tank. One subdivision has not sold a lot in the last 18 months. While most of the lots were sold in the first releases, [...]
Saturday, January 16, 2010
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