The 3.8% Net Investment Income Tax was not affected with the passage of the Tax Cut and Jobs Act last fall. High income earners are assessed this tax on realized capital gains from the sale of financial assets, real estate (that is not a primary residence) and other Continue Reading
Market News
January/February newsletter
Event information and market stats - view newsletter here Continue Reading
All you need to know about increasing loan limits and how this could possibly help you as a buyer!
Loan Limits have increased across the Nation and possibly in your area code. Thus, if you struggle with 20% down, high debt to income ratios, or are looking for easier underwriting then you are in luck! Conventional or government loans such as Fannie Mae, Freddie Mac, Continue Reading
November newsletter
Please check out our most recent newsletter for market info and events in the area. Continue Reading
Understanding Jumbo Loans
In the recent months we have seen an increase in the demand for jumbo loans. A jumbo loan is not a conventional loan that will be sold to the government sponsored entities, Fannie Mae and Freddie Mac. Conventional loans have easier guidelines/rules and loan sizes Continue Reading
Market Report
Inventory in the Lake Tahoe/Truckee area is extremely low, with average months of inventory between 4 and 4.5 months. Only at the $1.5M and above price point do months of inventory exceed 6 months, which is what the industry considers a "balanced" market (i.e., Continue Reading
THERE’S NO PLACE LIKE “HOME”
Are we becoming a commuter community for full-time residents? A recent study found that 65% of the the homes in the Tahoe basin are sitting vacant. When many of these homes are occupied, it’s for short-term or vacation rentals. Many homeowners offset the carrying Continue Reading
