Here is it January 2016 and I'm happy and excited to report as we close out the year 2015 and head into 2016 we are seeing a healthy, appreciating local real estate market. Home sales prices have increased almost 12% in Nevada County and 6% in California. In our neck Continue Reading
Interest Rates – Update for January 15, 2016
Just a quick post to share interest rates with you for the week-end. Call me if you do not have a lender that you are working with, I can't emphasize enough about the benefits of working with a local lender. It's all about relationships for me! Conforming Loan Rate- 30 Continue Reading
Homes for Sale in Grass Valley –
Did you know that 94 homes for sale in Grass Valley were "sold" in the month of December? That number actually reflects neighboring areas like Alta Sierra home for sale, Nevada City homes for sale, & Penn Valley homes for sale. The average sales price is $394,276 and Continue Reading
Market Update – November 2015
Merry Christmas, everyone! Here’s my monthly analysis of the single-family home market in western Nevada County. Buyers Continue to Surprise in 2015! The biggest surprise in November 2015 was the high number of new escrows (116). That demand is 10% higher than October and Continue Reading
Market Update – October 2015
It’s once again time for my monthly analysis of the single-family home market for western Nevada County, as reported through the Trends tool provided by our MLS. October New Escrows Slower than September 2015 but Higher than October 2014: As is somewhat expected this time Continue Reading
Market Update – September 2015
Here is my monthly analysis of the single-family homes market in Nevada County. Who Said September Slows Down? Buyer demand continues to impress with 147 new escrows in September, the third highest month for 2015. The number of new listings hitting the market remained at Continue Reading
Market Update – August 2015
Here’s my monthly analysis of single-family homes in Nevada County, as reported through our local Nevada County Multiple Listing. High Buyer Demand Continues: With 134 new escrows, August proved that buyers are still out in force. We haven’t seen this many buyers and Continue Reading
Market Update – July 2015
Here’s my monthly analysis of the single-family home market in Nevada County. Please see the attached charts for specific numbers and other details. Buyer Demand Continues at 10 Year Highs: July was the 2nd highest month in 2015 for new escrows with 150. The buyer demand Continue Reading
Market Update June 2015
1st Half 2015: The Return of the Buyer! Pending Sales are on a 10+ Year High: Buyers have returned in force. The first half of 2015 has shown 28% more new escrows than the same half in 2014. Average Sold Prices Are Up: Because of somewhat limited inventory and the Continue Reading
Market Update May 2015
Here’s my monthly market analysis of single-family homes in Nevada County. We have been experiencing an incredible year of sales, as you’ll see below. Quite astounding really. May 2015 Pending Sales was the Highest for Any Month in the Last 10 Years! You heard Continue Reading