Understanding the New Guidelines for Both Buyers & Sellers As many of us have been following the news about the NAR lawsuit over the last couple of months the new laws and procedures are now in place. I wanted to break down what this means for clients, both buyers and sellers, and how to navigate the upcoming changes and insuring our clients are successful in their Continue Reading
Archives for 2024
TAHOE-TRUCKEE MARKET UPDATE & FORECAST
TAHOE-TRUCKEE MARKET UPDATE & FORECAST The 2024 Lake Tahoe summer selling season has arrived, and buyers are eagerly anticipating new listings as they become available. Demand for high-quality inventory is strong, leading to shorter marketing times, smaller discounts from list price to sale price, multiple offer situations, and year-over-year increases in the median home price. Although the Continue Reading
Navigating Buyer Sentiment in Northern California’s Real Estate Market
In 2024, the real estate landscape in Northern California, particularly in the Tahoe region, reflects a blend of cautious optimism and persistent challenges. Much of this sentiment is nationally shared, though as we continue to find, in the midst of hybrid and remote work, there is greater value placed in smaller mountain communities with relative access to larger cities. Anticipated Rate Cuts Continue Reading
Real Estate Market Reports, 2023 in Review
Linked you will find Market Reports produced by Engel & Völkers for home sales in North Lake Tahoe and Truckee, California. The Truckee Market Report is broken down by market area. Our team is available to review these reports, and or provide any other market statistics you are further interested in. Find the report. Continue Reading
Navigating California’s Housing Market Waves
The California housing market, characterized by its highs and lows, experienced a slowdown in November due to surging borrowing costs and economic deceleration. Here’s where we’ll dive deeper: The November Slowdown Realtor Sentiment 2024 Market Outlook Mortgage Rates and Challenges Looking Ahead and Consumer Sentiment The November Slowdown Against a backdrop of Continue Reading
