Sales in February 2023 were up 14.5% month over month and still down 22.6% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.2% to $363,000 and there are 2.6 months supply of homes on the market compared to 1.7 months a year Continue Reading
Inspections are intended to identify non-working items or issues, not meant to be a list of repairs the seller is expected to make before closing. Continue Reading
Home warranties provide an added level of "peace of mind" for the buyer during this period of lower sales and affordability issues Continue Reading
The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately 15 million mortgage ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage was Continue Reading
Multiple factors affecting risk involved determine a homeowner's insurance premium. In some areas of the country Fire Safe and Defensible Space requirements will also affect your premium. Continue Reading
Homeowner associations are designed to manage common or shared property, provide services to members, protect owner's values and develop a feeling of community. Continue Reading
There are some great ski towns in Northern California that get a ton of national press. Places like Truckee, South Lake Tahoe and Mammoth Lakes are known by the masses to be some of the best places to ski and play in the Sierra Nevada. But for us NorCal locals, there’s Continue Reading
Photos are ranked #1 in what buyers want to see on a website and professional photography makes them outstanding. Continue Reading
A CLUE report can identify insurance claims on a home to discover whether repairs were done properly. Continue Reading
