Market Activity November 2009

Residential Total Low median high For Sale 203 $399,000 $1,585,000 $34,000,000 Sale Pending 24 $399,000 $799,000 $10,750,000 Sales 75 $370,000 $1,065,000 $7,350,000 Town homes Total Low Median High For Sale 57 $325,000 $939,900 $2,250,000 Sale Pending 9 $285,000 $795,000 $1,250,000 Sales 20 $295,000 $520,000 $1,243,000 Condo’s Total Low Median High For Sale 171 $125,000 $454,000 […]

Winter Forecast and El Niño

Every time even a chance of snow flurries is predicted, our thoughts turn toward winter. There’s a slight chance of flurries for this weekend, but looking long-term, the National Weather Climate Prediction Center calls for above normal precipitation for California and the Tahoe area this winter. It’s an El Niño year, and nobody really knows […]

Home Ownership Makes “Sense” & “Cents”

Most Americans believe that home ownership makes dollars and “sense.” In a new survey by Bankrate.com, 92 percent of Americans surveyed believe that purchasing a home is a good investment for the future. Bankrate, Inc. is one of the Web’s leading aggregator of financial rate information, attracting 7 million unique visitors to its site monthly. […]