This mirrors a recent report by The National Association of Realtors, cited in CNNMoney, that home sales in the US in 2012 were the best in 5 years The CNNMoney article attributes the increase in sales nationwide to the same factors that have contributed to increased sales in our market; record low mortgage rates, lower unemployment and depressed home prices. It goes on to say that the increase in home sales and the drop in foreclosures has resulted in very low inventory levels nationally. We have the same situation in the North Tahoe – Truckee Real Estate market.
Click here to read North Tahoe, Squaw Valley & Truckee 2012 Market Summary.
Click here to read the full CNNMoney article.
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