Distressed inventory is down to levels lower than we’ve seen in years. With 526 total single family homes on the market as of June 30, 2013 in the Truckee and North/West Lake Tahoe area, the 2 homes that were short sales and 2 that were bank-owned comprised less than 1%. And there were twice as many sales of distressed properties in June than what was left on the market. A strong indicator of an improving real estate market.
Now is the time to make buying and selling a priority as interest rates may be moving up soon, and school starts again in August. Contact a Dickson Realty professional today.
