2nd Homes & Your Taxes
Snowloads on Roofs
|Happy New Year! Happy New Year to you and yours! We’re very optimistic about the year ahead for real estate. We have run across a great article that we would highly suggest you take a look at. It’s from CNBC, discussing the resurgence in second home sales, particularly in California. Take a look! http://video.cnbc.com/gallery/?video=3000064473
As we begin a new year, there are some indices to pay attention to as we look ahead. While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to *Clear Capital (based here in Truckee). Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital on January 9th shows year-over-year, national home prices dropped 2.1 percent in 2011. For 2012, the company projects a slight gain of 0.2 percent. Not much, but headed in the right direction!
(Click the graph images below to see popup windows with larger images.)
* Clear Capital (www.clearcapital.com) is a premium provider of data and solutions for real estate asset valuation and risk assessment for large financial services companies.
The deal allegedly was initiated last winter on the chairlift, in what started as a conversation between Squaw Valley president and CEO Andy Wirth and Todd Chapman, president and CEO of JMA Ventures, the company that owns Alpine Meadows. More info can be found at Tahoe Super Pass information.
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Home Finance Seller Info
|Recipe of the MonthGetting ready for a Superbowl Party? Here’s some ideas.|
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