Spring is here...Nevada County needs home for sale. Home Sellers typically start their quest with thinking about relocation. Moving up, downsizing, household formation reboot, job transfers and change of scenery are some of the most common reasons. If this is you, you will probably be asking the following questions: HOW MUCH IS MY HOME WORTH? [...]
CALLING ALL HOME SELLERS Get ready for Spring Low inventory, appreciating home values, and low interest rates indicate a good home selling season ahead. From January to February 2016 western Nevada County saw an increase in sold homes (35%) and an increase in pending sales (11%). Home prices increased about 12% in 2015 and many [...]
The demand for housing has fueled very good sales for the month of January and has led to the best start in California Real Estate in the past three years. Sale prices are up everywhere and inventory has increased throughout the state except for the central valley and Nevada County. There is well-founded hope the [...]
As we close out 2015 and look ahead to 2016 we see a healthy, appreciating real estate market. House sales prices have increased about 6% in California and almost 12% in Nevada County. Add to this that existing home sales have increased in 2015 in California by about 7% and in Nevada County by a [...]
The lack of supply of available houses has led to the real estate market to be inventory constrained. Inventory in California is around a four month supply. Normal for the market is between 6 and 7 month supply. Nevada County is lower at around a 3.3 month supply. Coupled with higher demand, this raises values, [...]
