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Blog

California’s Challenging Housing Market

Our current California real estate markets are characterized by a unique set of dynamics. While home prices have declined in some areas, the overall landscape remains challenging for aspiring homeowners. In Silicon Valley, a region notorious for astronomical housing costs, Continue Reading

Insights into California’s 2023 Housing Market: Trends, Predictions, and Unusual Patterns

Our California housing market holds a unique position within the national real estate landscape. Understanding its trends, predictions, and unusual patterns is essential for both buyers and sellers. Steady Growth and Adjustments California's housing market continues to Continue Reading

Exceeding Pre-Pandemic Averages: Housing Market’s Promising Growth Rate

Promising Growth Rate in Housing Market Surpasses Pre-Pandemic Average The summer of 2023 is expected to bring a robust housing market, potentially surpassing the activity seen last year. With rising prices and declining interest rates, many experts believe that mortgage Continue Reading

Potential U.S. Debt Default: A Looming Catastrophe for Homebuyers and Sellers in the Housing Market

A potential U.S. debt default would have a devastating impact on the housing market. Mortgage rates could skyrocket, making it extremely difficult for many potential buyers to afford homes. The affordability challenges already faced by homebuyers would worsen Continue Reading

Undying Demand For California Housing + Gen Z Investment Goals

Statewide, there's been a raise in median price of nearly 8%. There is heavy, pent up demand for single family homes under $1M statewide. Buyers are ready for the summer season and are anticipating inventory. Rentals are becoming fewer and farther between for long term Continue Reading

Q1 2023 Tahoe Real Estate Market Indicators and Predictions

Q1 2023 Real Estate Sales in Truckee and Tahoe: Slower Than Last Year, With Positive Indicators Real estate sales in Q1 were slower than Q1 of 2022 in our Truckee and Tahoe regions. Sales volume is at approximately 50% less year over year. Median home prices dropped about Continue Reading

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Questions about the market? Wondering what your home is worth? We're here for all your real estate needs, just a message away!

Nathan Riedel
(530) 448-9981
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Engel & Volkers
10091 Donner Pass Road
Truckee, CA 96161

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Whether you are buying or selling, your real estate needs are unique to you. As your local real estate expert we are here to be your guide. Contact us today - we're here to help.

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Nathan RiedelGlobal Advisor

(530) 448-9981|10091 Donner Pass Road, Truckee, CA 96161 |Contact Nathan
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