Archives for April 2013

CA Median Home Price Stays Strong, Buyers Confront Listing Shortage

LOS ANGELES (March 15) - Courtesy of the California Association of Realtors  California's median home price marked a full year of  annual price gains, propelled by strong sales of higher-priced homes in  February, while a lack of inventory constrained total home sales for the month,  the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.  Also, consistent  with a rebenchmarking conducted by the NATIONAL ASSOCIATION OF REALTORS® (NAR)  in December 2011, C.A.R. released today benchmark … [Read more...]

Wally the Skier Realtor

Are we out of the real estate market bottoming in prices?  That’s the number 1 Lake Tahoe real estate question buyers and sellers are continuing to ask. Of course no one has the crystal ball, however, all indicators helping to answer this question are pointing to the affirmative: The number of listings for single family homes and condos are extremely low…as of 4.2.13 there are only 146 active listings on the South Shore, when normally there are closer to 300 Prices are increasing throughout … [Read more...]