Why is it that we leave our homes unprotected? - 07/30/07 12:29 PM
Why Is It That We Leave Our Houses Unprotected?
By Jeff D. Opdyke From The Wall Street Journal Online
My wife, Amy, had one thing to say to me recently when I called home while picking up our daughter. "Well," she said, "I nearly burned your house down."
Apparently, Amy had just put some oil in a skillet on the stove when she went to check on a noise in the garage. When she returned, the oil was popping and smoking. She quickly moved it, but some of the oil spilled and caught fire on the burner.
She quickly doused … (0 comments)

Buyers for Tahoe properties (top 25 earning towns) - 07/30/07 12:26 PM
Our market is primarily a second home market with the strongest base of buyers coming from the Bay Area. Three of the top 7 earning towns in the country are located in the Bay Area. This is what developers are banking on and betting a lot of money on the long term health of our real estate market. http://money.cnn.com/galleries/2007/moneymag/0707/gallery.BPTL_highest_income.moneymag/index.html … (0 comments)

Market Report July 2007 - 07/27/07 02:06 PM
July 2, 2007
 
Re: Truckee and Lake Tahoe Real Estate Market
 
Dear Client;
 
Market Overview
 
The June blues certainly were evident in the marketplace much like the market up to about the year 2000. The next month will show us if this in fact is the state of the market or that the market has showed further signs of slowing. Sales in the lower end of the market, under $700,000 actually continue to be fairly strong. Stayed tuned.
 
The hottest market is Kings Beach where redevelopment is having an affect.
 
On a positive note for … (1 comments)

Second Home Market - 07/27/07 01:48 PM
A sharp drop in investment-home sales offset a record number of vacation-home purchases to bring down the overall share of second-home purchases in 2006, the National Association of Realtors reported Monday. The share of second-home sales was 36% of all existing and new residential real estate transactions in 2006, down from 40% of all sales in 2005, the group said. Vacation-home sales went up 4.7% to a record 1.07 million homes in 2006 from 1.02 million in 2005, driven largely by demographic trends. Meanwhile, investment-home sales dropped 28.9%, falling to 1.65 million homes in 2006 from 2.32 million in 2005, according … (3 comments)

 

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