We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown flattening or even reversing course in the coming months and expect the housing market Continue Reading
Real Estate News
Housing Supply Not Keeping Up with Population Increase
Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in 1990 to a pre-recession peak of 2.16 million in 2005). According to Apartment Continue Reading
Home Price Appreciation Forecast
Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted Continue Reading
Mid-Year Housing Market Update: Three Things to Know Today
Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what experts are saying is on the horizon, here are the top three things to put on your radar as we head into the coming months: Home prices are appreciating at a Continue Reading
Truckee council eyes TOT increase for affordable housing
Article Written By: Hannah Jones at Sierra Sun In an attempt to find a secure funding source for affordable housing projects, Truckee is looking at an increase in Transient Occupancy Taxes, which would require approval from Truckee voters. In May this year True North Research, a firm specializing in research studies for public agencies, surveyed 616 Truckee voters that were likely to participate Continue Reading
Downtown Truckee Housing Project Gains Traction
Article Written By: Hannah Jones Workforce housing may be coming to downtown Truckee, as developers have submitted an official application to the town. The project, at 10002 Jibboom Street, has mainly been used for public parking in the past. “We want locals building local housing,” said Sean Whelan, a Truckee resident who is developing the project with his partner Kevin Continue Reading
