Grant program under scrutiny Image via iStock California’s economic recovery is trending in the wrong direction. The Golden State’s unemployment rate grew to 9% in December, triggering the first month-to-month increase since April 2020, according to figures released Friday by the Employment Development Department. While the nation’s unemployment rate remained static in Continue Reading
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New short-term rental program hits Truckee
Beginning today, all short-term rentals in Truckee will be required to apply for an annual transient occupancy registration certificate, and adhere to ordinance standards as part of the town’s new rental program. Renters will have to pay an annual $400 fee along with being subject to Truckee’s transient occupancy tax and Truckee Tourism Businesses Improvement District assessment. In November, Continue Reading
Fall Home Checklist
Article Written By: Laura Gaskill at Forbes Fall is a good time to take care of big home repair projects before shorter days (and in many areas, ice and snow) make outdoor work too difficult. And if you do live in an area with cold winters, take some time this fall to boost energy efficiency throughout your home, and prevent damage from winter storms with proper tree care (we spoke with an Continue Reading
Housing Inventory Vanishing: What Is the Impact on You?
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains: “Last month saw the largest year-over-year Continue Reading
Home Prices Increase in Every Price Range
CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The four price tiers are based on the median sale price and Continue Reading
Experts Predict a Strong Housing Market for the Rest of 2019
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
