The first six months of 2018 are on pace to surpass annual sales at Martis Camp set just last year. As of June 20, 2018, 31 custom homes and 14 homesites have been closed or put into escrow. Totaling more than $176 million in volume Throughout 2017, 45 home sales and 36 homesite sales were recorded at Martis Camp, representing $244,000,000 in volume. With historically low levels of Continue Reading
Price Improvement in Squaw Valley
Broken Arrow Lodge 3080 Broken Arrow Place, Olympic Valley CA The Home This European inspired mountain home was designed by Greg Dorland after a lengthy trip to the French Alps. It would eventually become his personal residence. Lush natural wood flows through the home with unique angles and intriguing beams creating a rustic yet ethereal space. This three-level, six-bedroom, six-bath home Continue Reading
2017 Lakefront Market Report
Build Family Wealth in 2018
How Rising Prices Will Help You Build Family Wealth in 2018 Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics' most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let's assume a young couple Continue Reading
Record-Breaking Sale at Northstar
Gemme Group is thrilled to announce the record-breaking sale of Glades Lodge. The sale represents the highest residential real estate transaction in Northstar, California to date. This is not only the third highest sale ever for David Gemme, but is also the first resale for the opulent M25 neighborhood at Northstar. M25 is one of the only true ski-in/ski-out neighborhoods in the region, Continue Reading
Spending Money to Save Time May Make Us Happier
As free time shrinks, along with our tolerance for time-consuming, unpleasant household tasks, one recent study may have an answer: buy back your time. Results of the study appeared recently in PNAS, a scientific journal devoted to "cutting-edge" research. It was a collaborative effort by researchers from Harvard University, the University of British Columbia (UBC), and two Continue Reading
Homeowner’s Net Worth Is Still Greater Than a Renter’s
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner's net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). The latest survey data, covering 2014-2016 will be released later this year. In Continue Reading
2 Myths Holding Back Home Buyers’
In Realtor.com's recent article, "Home Buyers' Top Mortgage Fears: Which One Scares You?" they mention that "46% of potential home buyers fear they won't qualify for a mortgage to the point that they don't even try." Myth #1: "I Need a 20% Down Payment" Buyers overestimate the down payment funds needed to qualify for a home loan. According to the First Quarter 2017 Homeownership Continue Reading
Pre-Approval Should Always Be Your First Step
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market Continue Reading
Is a Shorter Amortization Period Right for You?
It's sometimes difficult to understand how your mortgage payment is structured - that is, how much of the payment is interest and how much goes toward the principal to pay down the loan. At the beginning of the mortgage process, you may receive an amortization table, which will show you how this is broken down for each payment. As an example, if you have a $150,000 fixed rate Continue Reading
- 1
- 2
- 3
- 4
- Next Page »
