Spring is Here! – Market Update – 3/24/2022
Today, the average rate on a 30-year fixed mortgage hit 4.55%. Despite rising rates, buyers continue to significantly outnumber sellers as inventory hit another record low this week. Who's buying ever...
Today, the average rate on a 30-year fixed mortgage hit 4.55%. Despite rising rates, buyers continue to significantly outnumber sellers as inventory hit another record low this week. Who's buying ever...
Despite interest rates and anticipated seasonal increase in inventory, the market continues to set new records. The national median home sale price was up 3.5% from January to February, the fastest single month gain ever seen during the winter ...
Heading into Spring the national inventory of active listings is down 62.6% compared to 2020, before COVID-19. The February median active listing price is $392,000 nationally, up 12.9% from last year and up 26.6% from 2 years ago. The average h...
What’s happening this week in the real estate market? Rising mortgage rates are expected to affect the primary homeowner’s market but the investment market is still hotter than ever. With 70% of primary home owners already locked in closer ...
The economy is making a stronger comeback than expected and with that comes the rise in mortgage rates, now at 4.02%. This has created a new craze in our market and a spike in mortgage applications nationwide as buyers are motivated to get into...
Mortgage rates dropped slightly this week after moving upwards for the last 5 weeks; the 30-year fixed mortgage rate falling from 3.56% to 3.55%. The unemployment rate has dropped to 3.9%, close to the pre-pandemic level of 3.5%. In addition, i...
Although it feels like an eternity since we've had snowfall in Tahoe, we are only 38 days into winter. We have 51 days to pick up the pace. We're all praying for snow! Not only for those of us who live for playing in it but for the sake of the ...
Focus on food:
1. Garlic: contains Allicin, a compound that is proven to boost the immune system. Experts
recommend a minimum of ½ - 1 clove of garlic daily.
2. Prebiotics feed the bacteria in our gut where 70% of our immune system is h...
Where's the precipitation?! We went from the best snowfall ever in December to one
of the driest Januarys on record. We're back to praying for snow and making the
most out of the base we have so far. See our weekly email for snow activities t...