What a difference a year makes! The chart below provides an overview of Q2, 2022 Neighborhood Statistics as compared to the same period in 2021.
Market conditions have now stabilized following a frenzied 2021 real estate market. We anticipate seeing more properties for sale and with longer days on market. Purchase offers are now being written with some contingencies, in lieu of a contingency free structure.
Inventory has increased which brings opportunities for consumers to have more product choices in all price ranges. While the overnight lending rates have and will increase, there are very attractive financing programs available in the 4% range for variable mortgages.
We are seeing many Buyer Clients who have moved into cash positions over the past months and are diversifying their portfolios and purchasing Truckee-Tahoe real estate. It remains an excellent time to sell your Truckee-Tahoe property and an good time to purchase!
Click on our Elder Group Tahoe Q2 2022 Market Report below followed by easy-to-read Neighborhood Charts! And, feel free to contact Alison anytime to discuss Truckee-Tahoe real estate whether you are purchasing or considering selling!
Elder Group Tahoe | Q2 2022 Neighborhood Reports
If you are interested in purchasing or selling Truckee-Tahoe property, please reach out to Alison Elder. Our Elder Group team is happy to assist you!
Contact Us Anytime for More Information!
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