First Comes Love… Then Comes Mortgage? Couples Lead the Way According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and Continue Reading
How long will your home last?
Fireplaces Add Value
As fireplaces bring a luxurious feel to a beautiful Tahoe home, they often appear on a homebuyer’s wish list. They can also increase a home’s value. The National Association of Realtors conducted a survey of homeowners’ desire for a fireplace. Participants listed fireplaces as one of their most sought-after features, with 40 percent stating that they would pay extra if the home had one. Continue Reading
A Normalizing Market
There is no bubble here in beautiful Tahoe! Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it becomes easier for buyers to obtain mortgages, many Continue Reading
Tired of Renting?
Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership in beautiful Tahoe, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan on buying in the next 5 years, with 38% planning to buy Continue Reading
