Existing-home sales increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July, up from a downwardly revised rate of 5.06 million in June, according to the National Association of Realtors (NAR). “Mortgage interest rates are at the highest level in Continue Reading
Archives for August 2013
The Bay Area’s economic recovery is sparking a surge of vacation home sales in the Lake Tahoe-Truckee
The Bay Area's economic recovery is sparking a surge of vacation home sales in the Lake Tahoe-Truckee mountain playground. "Two or three years ago, nobody was buying houses, period," said Patience Lewis, a Coldwell Banker agent in the Tahoe-Truckee area. "Now it's like the Continue Reading
Here’s How To Win A Real Estate Bidding War
Following a housing disaster that shook buyers and sellers alike, there are tentative signs that the market is looking up. And now, with mortgage rates low and the economy on the upswing, homebuyers are more likely to have to engage in a bidding war before they can sign on Continue Reading
