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Flying to Truckee

Cirrus Air & Flying to Truckee Today’s resort homeowners prefer owning closer to their primary residence. As Truckee and North Lake Tahoe continue to be a favorite location for resort homeowners all over the world, alternative commuting methods are becoming a reality. Just as demand for Truckee luxury resort living grows, so does the interest […]

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5 Reasons Why Introverts Make Amazing Real Estate Agents

“Why Introverts Make Amazing Real Estate Agents” I came across this recent article from the lightersideofrealestate.com that I wanted to share with you. For twenty plus years, I was involved in buying/selling residential and commercial real estate as investments and remodeling properties. I was involved in 22 transactions as a client. During the last transaction, […]

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Extensions Announced for 1031 Deadlines

Truckee Real Estate– Important update: Taxpayers who are currently engaged in a 1031 exchange will receive some relief from the 45-Day Identification and 180-Day Exchange Period deadlines. Notice 2020-23 (which updates Notice 2020-18, “Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic”) was released on April 9, 2020, Any person performing a time-sensitive […]

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Jobs Report: California sees largest monthly gain in two years

According to the latest report from the state Employment Development Department, California added 46,000 jobs in April – the largest monthly gain since March 2017. While monthly job additions have varied a lot since the beginning of the year, California led all states in the monthly increase. The state has added 271,600 jobs over the last […]

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Compass NorCal April 2019 Real Estate Update

While pace of sales in April still trends below last year’s levels in most Bay Area regions in which Compass (reflecting the company formerly known as Pacific Union) operates, there are signs that buyers are returning, and sales activity is picking up. Click on each of our regions below for an expanded look at local […]

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April U.S. Jobs Report: Are we in a Goldilocks Economy?

A Goldilocks Economy is an economy that is neither too hot or cold, in other words, it sustains moderate economic growth and has low inflation, which allows a market-friendly monetary policy. Today’s national employment report from the U.S. Bureau of Labor Statistics once again outpaced expectations by posting a 263,000 increase in jobs added in April. […]

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Jobs Report suggests continued strength in employment, alleviating fears of looming recession

Today’s much anticipated national employment report from the U.S. Bureau of Labor Statistics provided further evidence of continued solid economic growth. There were 196,000 jobs added in March, after a wild swing between January’s 312,000 additions and February’s 33,000 additions. The three-month average is now 180,000 in the first quarter, which was above economists’ expectations and […]

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Compass Northern California Quarterly Report: Q1 2019

Chief Economist Selma Hepp offers a brief synopsis of first-quarter real estate activity in each of Compass’ Northern California regions. The accompanying links lead to the full report for each area, where you can access the latest regional and community-specific market data and statistics to help you make a better, more informed home-buying or selling […]

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Truckee Area Mother-In-Law Units Approved

Placer updates secondary dwelling unit ordinance, aiming to increase housing supply November 14, 2017 Aiming to help increase housing supply, the Placer County Board of Supervisors today voted to support an update to the county’s ordinance for secondary dwelling units, making them easier to build. Secondary dwelling units, commonly known as in-law suites or granny […]

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Martis Camp Home Demand Continues

In addition to robust sales volume, 2017 included an epic ski season, a spectacular summer season and  a robust Northern  California economy helped increase the demand for Martis Camp home purchases. These sales are a testament to the extraordinary custom homes along with the availability of premium homesites. For 2018, I anticipate continued demand being […]

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