Monday, July 28, 2014

March home sales spring higher

LOS ANGELES — California’s housing market ticked upward in March to reach the highest level in four months, but sales were still lower than a year ago as declining housing affordability continues to put downward pressure on the market, the California Association of Realtors recently reported. Closed escrow sales of existing, single-family detached homes in […]

Sierra Sotheby’s agents support education

LAKE TAHOE — Sierra Sotheby’s International Realty agents ramp up their philanthropic efforts in Lake Tahoe this holiday season with donations to Sierra Nevada College of Incline Village and Mt. Tallac Continuation School of South Lake Tahoe. Incline Village agent Terry Barbery established the Terry Barbery Scholarship Fund for deserving Sierra Nevada College students. The first […]

A housing market correction will results in good things

Mike Southwick It would appear from all major market indicators that our real estate market has entered into a slight market correction. This is in no way bad news at all. What we need to realize is that real estate values actually peaked in most major markets in California around August 2006. We then witnessed […]