NAR Lawsuit and Agent Commissions
Contrary to news surrounding the current litigation with the National Association of Realtors (NAR,) neither brokers nor NAR have ever set a price for agent commissions.
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Are We In a Real Estate Bubble?
It’s an interesting time in the real estate market. Sellers wonder whether they should sell now, or wait for a higher price. Buyers are flocking to available listings because of rising interest rates. Some people think we are in a real estate bubble. However, there are factors affecting the current market that were not active during the 1989 or 2008 real estate bust.
Read MoreChanges to Placer County Short Term Rentals
In July, the Placer County Board of Supervisors approved a temporary moratorium on new short-term rental (STR) permits in North Lake Tahoe. It was a measure to address the unprecedented and growing housing crisis in the region. Just recently, we’ve received information about exemptions. This will be good news for some sellers in possession of a current permit.
Read MoreReal Estate Sales Still Strong in Lake Tahoe
Lake Tahoe and Truckee real estate sales continue to be strong. Even during the worst part of the pandemic, our sale activity has remained stable. According to the Tahoe Sierra Board of Realtors, April showed 355 active listings with 52 sales.
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