There is a lot of press regarding real estate markets bottoming out around the country. The bottoms are formed due to dramatically falling prices and then a significant decrease in inventory. Many markets are experiencing historically very low inventory levels and muliple offers on homes. Prices in Phoenix are rising. This Wall Street Journal article highlights some second home markets that could be excellent investments especially if you are a user of the property.
One market they overlooked is the Truckee and Lake Tahoe real estate market. Prices are down over 50%, homes are selling significantly below … (1 comments)
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