Housing Incentives Approved for Tahoe by TRPA Board

Housing Incentives Approved for Tahoe by TRPA Board

Lake Tahoe, CA/NV…Updated rules to encourage more affordable housing options for Tahoe residents and workers have been unanimously approved by the Tahoe Regional Planning Agency (TRPA) Governing Board. The approval significantly expands the number of properties in the Tahoe Basin that can add an accessory dwelling unit (ADU) and provides further incentives if the ADU […]

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2021 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series, and […]

Home Affordability Declines For Average Workers Across U.S. In Second Quarter As Prices Soar

Home Affordability Declines For Average Workers Across U.S. In Second Quarter As Prices Soar

Irvine, CA… ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Affordability Report, showing that median home prices of single-family homes and condos in the second quarter of this year are less affordable than historical averages in 61 percent of counties across the nation with enough data to analyze. […]

Resolute Capital Partners Announces Phase 1 of Its Luxury Townhome Development Near Northstar Is Sold Out

Resolute Capital Partners Announces Phase 1 of Its Luxury Townhome Development Near Northstar Is Sold Out

Northstar, CA…. Resolute Capital Partners (“Resolute Capital”), a private equity firm that actively invests in and manages investments in energy, real estate, and technology, announced today that phase 1 of its Village Walk Skyline luxury townhome development project is sold out. The development is located in the all-seasons resort of Northstar, California—just north of Lake Tahoe—and is […]

Lake Tahoe’s Nearby Town of Truckee tops Pacaso’s ‘Second Home Heat Index” List of 10 Cities

Lake Tahoe’s Nearby Town of Truckee tops Pacaso’s ‘Second Home Heat Index” List of 10 Cities

San Francisco, CA….Pacaso, a service that helps people buy and co-own second homes, today announced its inaugural Second Home Heat Index, revealing California’s hottest second home markets. Pacaso determined the 10 top second home markets across California by creating a proprietary composite measure that weighs several key metrics. The analysis looked at California cities where at least 25% of homes were […]

Existing-Home Sales Decline 2.7% in April, Median Existing-Home Price Rose 19.1% to $341,600,

Existing-Home Sales Decline 2.7% in April, Median Existing-Home Price Rose 19.1% to $341,600,

Washington, DC…Existing-home sales waned in April, marking three straight months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions witnessed month-over-month drops in home sales, but each registered double-digit year-over-year gains for April. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, […]

California Home Prices Reach All-Time Highs in March, Nearly Two-Thirds Sell Above Asking Price!

California Home Prices Reach All-Time Highs in March, Nearly Two-Thirds Sell Above Asking Price!

Los Angeles, CA…Fierce competition drove California’s median home price to reach a new record high in March, while the state’s housing market continued its momentum with sales remaining solid heading into the spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said on April 16th. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate […]

How Deregulating Real Estate Markets Can Solve America’s Shortage of Affordable Housing ~ By Dustin Romney

How Deregulating Real Estate Markets Can Solve America’s Shortage of Affordable Housing ~ By Dustin Romney

Phoenix, AZ…In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of regulatory projects. One such project was airline regulation, which led to the creation of the Civil Aeronautics Board (CAB). The CAB controlled entry into the market, air routes, and air fares. Fortunately, realizing the harmful consequences of […]

Martis Camp Announces $287 Million 2016 & Over $1.5 Billion Total Sales

Martis Camp Announces $287 Million 2016 & Over $1.5 Billion Total Sales

Truckee, CA…Martis Camp, a private residential golf and ski community in North Lake Tahoe, announces a total of 107 property sales in 2016 totaling $287 million. This includes a record 51 custom homes sales, representing a significant 131% increase from 2015. The demand for completed homes has been fueled by decreased homesite availability and the […]

Existing-Home Sales Rebound in September

Existing-Home Sales Rebound in September

Washington, DC….After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased […]