October 20, 2008 – In this edition, we’ll look at market statistics for Q3-2008 and compare them to year-ago figures for Q3-2007 and to last quarter. We have defined the Western Nevada County market as single family homes west of the Sierra crest, and excluding properties with addresses ...

October 17, 2008 – As the effects of the credit crisis unfold, including interest rate adjustments on existing mortgages, falling property values, increasing unemployment and tight credit conditions, mortgage defaults are on the rise nationwide.
Some mortgage defaults are the result of t...

September 16, 2008 – A client asked me a few days ago, "How can we find energy-efficient homes that are on the market today?" These folks are concerned about the costs of home ownership, mainly energy costs, in the current and future economic environment.
Title 24, Part 6 of th...

A definition of an economist is: An expert who can tell you tomorrow why the prediction made yesterday, didn't happen today. 
And these are the experts!  When we look to the data and the market sentiment, we can get close to a bottom (or a top), yet nobody nails it con...

By SHELLY BANJO - The Wall Street Journal  August 16, 2008 


When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks. 
The American Housing Rescue and Foreclosure Prevention Act of 2008...

July 30, 2008 – In this edition, we’ll look at market statistics for Q2-2008 and compare them to year-ago figures for Q1-2007 and to last quarter. We have defined the Western Nevada County market as single family homes west of the Sierra crest, and excluding properties with addresses in ...

In the last few weeks, we have had some fun with Market Math for Buyers and Sellers. In these two articles, we provided some helpful and practical tips on how to approach the current market from a positive perspective, so buyers and sellers of real property can increase their chances of gettin...

Location, location, location. Well, maybe. In a typical market, where supply and demand are more or less in balance, this old saw may cut some wood. In our current local market, where supply and demand are out of balance, and there may be several homes on the market in the same or similar loca...

April 30, 2008 – In this edition, we’ll look at market statistics for Q1-2008 and compare them to year-ago figures for Q1-2007. We have defined the Western Nevada County market as single family homes west of the Sierra crest, and excluding properties with addresses in Truckee and A...

Here are some interesting ways to look at real estate ownership in general and the idea of “market timing” as it applies to buying and selling. These are actually very traditional and timeless concepts, yet we seem to have lost sight of them in the frenzy of the market boom and the...

(Except when it comes to your house)
It’s about systems, details and execution. It’s about price and condition, relevant marketing activities, and cash flow economics.
There was a time in the recent past, say 3 years ago, when homes were selling so fast it seemed like a...

January 24, 2008 - Welcome to beautiful Nevada County! From the Sierra crest to the oak-studded foothills at the edge of the Sacramento Valley, it's truly a slice of heaven.  Carved over millennia by the Bear River and the Forks of the Yuba and dotted with jeweled lakes among the granite ...