Market Updates

Sept. 23, 2015

THIS ISN'T A HOUSING BUBBLE: HERE'S WHY

Home prices are rising rapidly, but economists are deflating concerns that another "housing bubble" is brewing.

A recent report from CoreLogic shows that twice as many metro markets are considered "overvalued" – prices are inflated relative to incomes -- in the second quarter of this year compared to the first three ...

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Posted in Market Updates
June 22, 2015

“THE HOUSING MARKET, ANY WAY YOU LOOK AT IT, CAN’T LOSE"

About two years ago, It was declared that the U.S. housing market had “officially” recovered.

And now, with some indicators showing that real estate is the healthiest it’s been in a decade, I hope I can now officially declare the previous declaration as spot-on.

I know, I know … ...

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Posted in Market Updates
May 22, 2015

DON'T PANIC, BUT MORTGAGE RATES ARE RISING

So here we are, smack in the middle of the busiest season for the residential real estate market. With all the activity, shoppers are already facing challenges in finding their ideal home. Now, they’re starting to face a new one: rising mortgage rates.

Although the health of the real estate ...

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Posted in Market Updates
April 6, 2015

FIRST QUARTER 2015 - MICRO MARKET REPORTS

Spanning 72 miles of Lake Tahoe shoreline, two state lines, a handful of California and Nevada counties and various multiple listing services, Tahoe / Truckee market trends can vary dramatically from neighborhood to neighborhood. Sierra Sotheby’s International Realty compiles quarterly and year-end reports that drill down the region's different micro-market ...

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Posted in Market Updates