The current national trend is that prices are increasing and yes, a good trend is your friend. More properties are now moving above the debt to equity waterline.
Foreclosure statistics are now near what I would term normal for the Tahoe market and the property supply is limited per the Multiple Listing System number of listings.
Accurate real estate economic data is provided to the media by the National Association of Realtors (NAR). Realtor Magazine is the conduit for reporting it to the Realtor community. Their articles about market conditions are timely and accurate. Read the current report here.
Link to article: Tight Supplies Put Home Prices on the Move | Realtor Magazine:
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