Nevada County Real Estate Market Update Q1-2013
April 2013 – As the market heats up during what appears to be a strong recovery after several years of doldrums, the relationship between inventory, price and sales volume is making itself known. Shrinking inventory drives up prices while driving… Continue reading
Nevada County Real Estate Luxury Market Snapshot 2012
March, 2013 –For the last two years, the Luxury Market Snapshot was published, examining the performance of this locally important market sector for 2010 and 2011. This month we’ll take a look at the luxury market for 2012 and look… Continue reading
2012 Nevada County Real Estate Year End Report
January 2013 – Looking back at the local real estate market for the past 4 years, the change from a declining market to an improving market is evident. The important values that are used to track market performance are price,… Continue reading
Mortgage Interest Deduction-the Heart of Homeownership
Home is where the heart is. A man’s home is his castle. There’s no place like home.
These familiar sayings remind us of the emotional connection Americans have with homes and homeownership. However, home also is where our nation’s economic… Continue reading
Nevada County Real Estate Market Metrics-Q3 2012
October, 2012 – From the first quarter of 2011 through the first quarter of this year, local prices have been essentially flat and formed an apparent bottom. Sales volume during this period has been trending strongly upward. We’ll look at… Continue reading
Nevada County Market Metrics-2012 Inventory Update
In December 2011, we took a look at monthly inventory of single family residences (SFR) over the previous 3 years and discussed the effect of declining local inventory on demand and pricing. Here is the data from that article:
| Month/Year… Continue reading |
Nevada County Market Metrics – First Quarter 2012
April, 2012 – After a full year in which Nevada County Real Estate was fairly stable (prices, sales volume) for the first time since the beginning of the downturn in 2008, we’ll take a look at continuing trends as we look back… Continue reading
Nevada County Land Sales 2001-2011
March 2012 – The market for new homes began falling along with the rest of the market in 2006, and was essentially a non-market by late 2008. When the market value of many existing homes fell below replacement cost, meaning… Continue reading
Lease Options – Where do they fit?
In challenging markets like the one we have now been in for over a year, buyers and sellers of residential properties look for unconventional ways to accomplish their real estate goals. The lease option has been a fallback tool for… Continue reading