The Tahoe Estates Group at Compass is excited to share with you the August 2024 update. This is a deep dive flip book into insights including national real estate market data and economic trends. July 2024 Market Highlights Year over year, the July median single-family home sales price and the median condo price were up […]
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You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that […]
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As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry: […]
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Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you. An Ameriprise Financial survey sheds light on […]
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In today’s tight inventory market, you probably want more options for your search. The picturesque landscapes, stunning vistas, and endless recreational opportunities in both the winter and summer make the Lake Tahoe Truckee region a dream destination for many. However, for those looking to buy property in this sought-after area, the reality of tight inventory […]
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