Tahoe-Donner Skislope Way Home with Panoramic Views

Tahoe Donner Skislope Way Panoramic Views

Tahoe Donner Skislope Way Panoramic Views

With captivating views from every angle, this custom home offers European charm with comfort and efficiency. Fit for a chef, this large well appointed kitchen includes etched cherry cabinets, Viking 6 burner stove, wine fridge, and Kitchen Aid appliances. Floor to ceiling windows capture spectacular views in this dramatic great room, complete with cozy reading nook and marble hearth. With 2 luxurious master suites one on main level with fluted gas fireplace and the 2nd master with gas stove this home also has a separate office & 2 laundry rooms. Plenty of space for everyone with separate family room with full wet bar and access to covered deck. Assessors office shows sq. ft. to be 3,951, building dept. shows 4,086. Buyer to make own investigation as property is not being sold on a price per square foot basis.

Asking $1,249,000 – MLS#: 20141174

To arrange for a tour of this Tahoe-Donner Skislope Way mountain home with panoramic views, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Truckee Tahoe-Donner real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe-Donner Pinnacle Loop Panoramic

Tahoe-Donner Pinnacle Loop with Panoramic Views

Tahoe-Donner Pinnacle Loop with Panoramic Views

Incredible views of the Carson Range with beautiful design and finish work create an impressive ambiance and fantastic setting for your family and friends.
This amazing luxury home offers so many accoutrements beyond the view! 5 bedrooms & 4.5 baths compliment the bright open floor plan, high ceilings,
wood burning fireplace, barn wood floors, spacious dining area & chef’s kitchen. The master suite is on the main living level & 3 spacious bedrooms PLUS a
4th family/bunk room, en-suite bath down. GORGEOUS!

Asking $1,350,000 – MLS#: 20141241

To arrange for a tour of this Tahoe-Donner Pinnacle Loop mountain home with panoramic views, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Truckee Tahoe-Donner real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International.

Martis Camp Cul-de-Sac Privacy – $3,725,000

Martis Camp Mountain Home with Cul-de-Sac Privacy

Martis Camp Mountain Home with Cul-de-Sac Privacy

Experience a perfect blend of indoor-outdoor living with this 4/4.5 modern Ryan Group/NSM Const. masterpiece set on a level estate lot with cul-de-sac privacy. The designers set out to deliver spaces with well-conceived & thoughtfully-detailed solutions for enhanced mountain living. The clean lines and expansive windows in this mountain modern home exemplifies those thoughts with 3800 sq/ft spread over 1.6 acres. 2 master suites, office, lookout lounge, outdoor living room w/fireplace – ready to entertain!

Asking $3,725,000 – MLS#: 20141149

To arrange for a tour of this Martis Camp mountain home with cul-de-sac privacy, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Tahoe Mountain Resorts.

Tahoe-Donner Mountain Retreat

Tahoe-Donner Mountain Retreat

Tahoe-Donner Mountain Retreat

Beautifully appointed Tahoe Donner Mountain retreat offered turn-key…just in time for summer! Light, bright & spacious 2-story lightly lived in & lovingly cared for home is in like-new condition. Main level consists of open kitchen, dining area & great room w/floor-to-ceiling artisan stone gas fireplace, hickory hardwood floors, vaulted ceilings, granite counters & KitchenAid s.steel appliances. Powder & Master round out main level. 1st floor incl. Family Room, Laundry, (2) bedrooms, guest bath & garage access.

Asking $789,000 – MLS#: 20141080

To arrange for a tour of this Tahoe-Donner Mountain Retreat, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Tahoe-Donner Truckee real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Chinquapin Condo with Panoramic Lake Views

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Sleek-Chic and Retro chinquapin condo with panoramic lake views from all 3 levels. Well proportioned, clean and ready to use any time of year with activities right outside your doorstep and tremendous water amenities to include pristine shore line, 2 beaches, 2 piers with attendant, boat buoys, & lakeside boardwalk. Other amenities include a swim & racket club, hiking & biking trails, and access to the historic Dollar House for social functions. Don’t wait! Call to set an appointment today.

Asking $1,050,000 – MLS#: 20141074

To arrange for a tour of this Chinquapin North Lake Tahoe condo for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Chinquapin North Lake Tahoe real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Truckee Prosser Lakeview Estates Home for Sale

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Truckee Prosser Lakeview Estates Home for Sale

Open floor plan extends outside by virtue of an expansive deck off of the greatroom. Pine vaulted ceilings and wood floors give a nice warm glow. 2 bedrooms, bath & loft upstairs, 1 bedroom & bath downstairs. Covered entry way wraps around to back deck. Popular Prosser Lakeview Estates has no homeowner’s association but is located close to USFS allows for acres of outdoor recreation summer and winter.

Asking $425,000 – MLS#: 20141062

To arrange for a tour of this Truckee Prosser Lakeview Estates home, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Truckee Prosser real estate for sale.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Boice O’Neal Realty – DPR.

Talmont Tahoe City – Lake Tahoe Panoramic View Home

Talmont Tahoe City - Lake Tahoe Panoramic View Home

Talmont Tahoe City – Lake Tahoe Panoramic View Home

Panoramic Lake Views from the living room, kitchen & master bedroom, as well as great sun exposure on the spacious deck. Great privacy, no power lines, streets or roof tops. This is a one owner home, well built and always well maintained. Features include a large garage with easy access from street, combined living room and kitchen with vaulted ceilings and over-sized windows. The home is energy efficient with a solar hot water system & hydronic heating system. Access to private homeowner’s beach!

Asking $996,000 – MLS#: 20141008

To arrange for a tour of this Talmont Tahoe City - Lake Tahoe view home, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Tahoe City real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Tahoe Park Realty.

Donner Lake Lakefront with Oversized Pier

Donner Lake Lakefront Home For Sale

Donner Lake Lakefront Home For Sale

A chance to own lakefront property! An incredible home with outstanding views of Donner Lake and the surrounding mountains. Featuring an oversized pier with bathhouse to store all your lake toys. Designed for the whole family and friends, this home has spacious bedrooms, great room, big kitchen, a full size entertaining bar and a bonus lower level family room with wet bar. Garage is level with street for inclement weather parking or drive down to water’s edge and park at the house.

Asking $1,900,000 – MLS#: 20140997

To arrange for a tour of this Donner Lake lakefront real estate property, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Donner Lake real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Pines Homewood Old Tahoe Cabin

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Charming Old Tahoe 3 bedroom – 2 bath log cabin in a very desirable part of Tahoe Pines. This rare property rests on the Lake Tahoe side of Hwy 89 making for convenient and safe family access to the Tahoe Pines beach and pier just a few steps away. Large wrap around decking on 3 sides of the home plus a level lot makes this an ideal setting for entertaining. Warm Old Tahoe wood and log interior with an open kitchen, dining, and living area. Grand stone fireplace on gable side of home in living area.

Asking $1,100,000 – MLS#: 20141004

To arrange for a tour of this Tahoe Pines Homewood Old Tahoe cabin, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Homewood Tahoe Pines real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Max Day Real Estate.

Serene Lakes Cabin for Sale

Serene Lakes Cabin for Sale

Serene Lakes Cabin for Sale

ABSOLUTELY GORGEOUS LOG CABIN…This stunning cabin features 3 bdrms, 1.5 baths all updated and beautiful. Cozy and inviting living room with gas fireplace, wood floors and lots of windows to view the beautiful surroundings. Upgraded kitchen with porcelain radiant heated floors & newer tiled counters.  Completely updated…looks like a pottery barn add. Private location with an oversized 2 car garage and wrap around deck & underground propane tank.  Well loved and maintained cabin…buyer will love it!

Asking $440,000 – MLS#: 20141029

To arrange for a tour of this Serene Lakes cabin, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of this and other Serene Lakes & Donner Summit real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Serene Lakes Realty.

Outlook on Housing and Finances May Spur Potential Homebuyers to Act

Potential homebuyers may enter the purchase market sooner rather than later  as more Americans expect mortgage rates and home prices to climb, according to  results from Fannie Mae’s June 2013 National Housing Survey. The share of  respondents who say mortgage rates will go up during the next 12 months jumped  11 percentage points to 57 percent, the highest level in the survey’s three-year  history.

Meanwhile, consumers’ home price expectations have stayed strong in the face  of rising mortgage rates. The share of respondents who believe home prices will  go up in the next year also hit a survey high of 57 percent, while those who say  prices will go down stayed steady at 7 percent. Although sentiment toward both  the current home buying and selling environments retreated slightly, it remains  near the survey highs of last month, with 72 percent saying it is a good time to  buy and 36 percent saying it is a good time to sell.

“The spike in mortgage rate expectations this month seems to have had an  impact on a number of the survey’s indicators and may increase housing activity  in the near term by driving urgency to buy,” said Doug Duncan, senior vice  president and chief economist at Fannie Mae. “Consumers may recognize that  today’s still favorable mortgage rates and homeownership affordability levels  will recede over time. Given rising home and rental price expectations and  improving personal financial attitudes, more prospective homebuyers may be  deciding that now is the time to get off the fence.”

Among those surveyed, 56 percent say rental prices will go up during the next  year – an 8 percentage point increase and the highest level since the survey’s  inception – and the average 12-month rental price change expectation jumped 1.2  percent to 4.6 percent. Americans’ outlook on their personal finances also  increased significantly in June. The share who expect their personal financial  situation to improve during the next year climbed to 46 percent, the highest  level since June 2010. The share who say their household income is significantly  higher than it was 12 months ago jumped 6 percentage points to a survey high 26  percent.

Other survey highlights include:

  • At 3.8 percent, the average 12-month home price change expectation fell  slightly from last month’s survey high.
  • The share of people who say home prices will go up in the next 12 months hit  a survey high 57 percent, while those who say home prices will go down held  steady at the survey low 7 percent.
  • The share of respondents who say mortgage rates will go up increased 11  percentage points to 57 percent, the highest level since the survey’s  inception.
  • Forty-seven percent of respondents think it would be easy for them to get a  home mortgage today, a slight increase over last month.The percentage of people  who expect their personal financial situation to get better over the next 12  months jumped to 46 percent, the highest level since June 2010.
  • The share of respondents who say their household income is significantly  higher than it was 12 months ago rose 6 percentage points to a survey high 26  percent.
  • The percentage of respondents who say their household expenses are  significantly higher than they were 12 months ago rose to 36 percent.

850,000 Properties Bounce Back to Positive Equity

Residential property analytic provider CoreLogic® recently released new analysis  showing the market is making big moves, with 850,000 additional residential  properties turning to positive equity during the first quarter of  2013.

In addition, the analysis shows good news for mortgages: the total  number of mortgaged residential properties standing in negative equity is down  by nearly 1 million from the previous quarter, moving from 10.5 million (21.7  percent) at the end of the fourth quarter of 2012, to 9.7 million (19.8 percent)  in the first quarter of 2013.

The national aggregate value of negative  equity decreased more than $50 billion to $580 billion at the end of the first  quarter from $631 billion at the end of the fourth quarter of 2012. This  decrease was driven in large part by an improvement in home prices.

Of  the 39 million residential properties with positive equity, 11.2 million have  less than 20 percent equity. At the end of the first quarter of 2013, 2.1  million residential properties had less than 5 percent equity, referred to as  near-negative equity. Under-equitied mortgages accounted for 23 percent of all  residential properties with a mortgage nationwide in the first quarter of 2013.  The average amount of equity for all properties with a mortgage is 32.8  percent.

“The impressive home price gains of 2012 and the beginning of  2013 have had a big impact on the distribution of residential home equity,” says  Dr. Mark Fleming, chief economist for CoreLogic. “During the past year, 1.7  million borrowers have regained positive equity. We expect the pent-up supply  that falling negative equity releases will moderate price gains in many of the  fast-appreciating markets this spring.”

“The negative equity burden  continues to recede across the country thanks largely to rising home prices,” says Anand Nallathambi, president and CEO of CoreLogic. “We are still far below  peak home price levels, but tight supplies in many areas coupled with continued  demand for single family homes should help us close the gap.”

Highlights  as of Q1 2013:

- Nevada had the highest percentage of mortgaged  properties in negative equity at 45.4 percent, followed by Florida (38.1  percent), Michigan (32 percent), Arizona (31.3 percent) and Georgia (30.5  percent). These top five states combined account for 32.8 percent of negative  equity in the U.S.
- Of the largest 25 metropolitan areas, Tampa-St.  Petersburg-Clearwater, Fla. had the highest percentage of mortgaged properties  in negative equity at 44.1 percent, followed by Miami-Miami Beach-Kendall, Fla.  (40.7 percent), Atlanta-Sandy Springs-Marietta, Ga. (34.5 percent),  Chicago-Joliet-Naperville, Ill. (34.2 percent) and Warren-Troy-Farmington Hills,  Mich. (33.6 percent).
- Of the total $580 billion in negative equity, first  liens without home equity loans accounted for one-half, or $290 billion  aggregate negative equity, while first liens with home equity loans accounted  for the remaining half at $290 billion.
- 6.0 million upside-down borrowers  hold first liens without home equity loans. The average mortgage balance for  this group of borrowers is $211,000. The average underwater amount is  $48,000.
- 3.7 million upside-down borrowers hold both first and second  liens. The average mortgage balance for this group of borrowers is $294,000.The  average underwater amount is $79,000.
- The bulk of home equity for mortgaged  properties is concentrated at the high end of the housing market. For example,  88 percent of homes valued at greater than $200,000 have equity compared with 73  percent of homes valued at less than $200,000.

“As leaders and agents, it  is up to us to get the word out,” said Gary Scott, President of Long &  Foster Real Estate, during RISMedia’s recent Power Broker Forum at NAR Midyear. “There is a huge opportunity for people who had negative equity to come back  into the market. We have to help those sellers. It’s about a grass roots  effort—about taking your sphere of influence and walking them through the  reality of the market.”

For more information, visit www.corelogic.com.

Summer 2013 Real Estate Report

 

The Summer 2013 Truckee & Lake Tahoe Real Estate Report (click on this link).

Squaw Valley & Alpine Meadows Ski Areas to Connect

As been rumored for several years, a recent interview with Troy Caldwell, the owner of the White Wolf property that lies in-between the two resorts.  According to a recent interview article there’s a ‘handshake agreement’ and “we’re 2-2.5 years away “.

Click here to for the interview article with Troy Caldwell and Miles Clark / Snowbrains.com

Kennedy Wilson And Partners Acquire The Ritz-Carlton, Lake Tahoe and The Ritz-Carlton Residences, Lake Tahoe

Company to begin sale of residential units in January…

BEVERLY HILLS, Calif. (December 18, 2012) – International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company and its partners acquired The Ritz-Carlton, Lake Tahoe and The Ritz-Carlton Residences, Lake Tahoe from the property’s lenders. Pacific Western Bank provided $45 million of financing. The company invested $18 million of equity in the transaction for a 50% ownership interest.

Constructed in 2009, the resort includes The Ritz-Carlton, Lake Tahoe and The Ritz-Carlton Residences. The hotel is the first Forbes Four-Star/AAA Five Diamond resort in the Lake Tahoe area and includes 170 guest rooms. The residential component encompasses the entire top floor of the hotel, and a private wing on the third floor includes 23 penthouse residences.

“The Ritz-Carlton, Lake Tahoe is the premier highlands resort west of the Rockies and we are pleased to be able to acquire the property at a significant discount to replacement cost,” said Stuart Cramer, president of KW Residential Investment Group. “Along with the recent increase in investment and upgrading of properties in the area, The Ritz-Carlton, Lake Tahoe now establishes Lake Tahoe as a true world class destination.”

Nestled mid-mountain on the Northstar California Resort, the Northern California contemporary mountain retreat features slope-side ski-in, ski-out access in winter and mountain concierge services for golf, mountain biking and hiking in the summer. The hotel’s signature restaurant, Manzanita, features seasonal French-inspired California cuisine, while the resort’s 17,000 square foot Highlands Spa provides treatments and therapies themed around water and the woods.

The company will begin marketing the 23 units at The Ritz-Carlton Residences, Lake Tahoe in January.

“We expect sales at the property to benefit from the booming Bay Area economy and housing market,” commented Tori Long of Tahoe Exclusive Properties, the sales agent for the units. “Additionally, the penthouses will stand the test of time as the pinnacle of luxury ownership in all of Tahoe. Families will be pampered here, children will learn to ski and explore here, and they’ll enjoy the wonder of the mountains coupled with a level of sophistication and service unrivaled anywhere.”

Kennedy Wilson, together with its institutional partners, has acquired approximately $7.1 billion of real estate and real estate related debt since the beginning of 2010.

About Kennedy Wilson Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA with 24 offices in the U.S., U.K., Ireland, Spain and Japan. The company offers a comprehensive array of real estate services including auction, conventional sales, property services, research and investment management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor of real estate investments in the U.S., U.K., Ireland and Japan. For further information on Kennedy Wilson, please visit www.kennedywilson.com.

Fall Color and October Snow

In October?!! 4+ Days of Snow for Truckee & Lake Tahoe

It’s highly unusual to see a mid-October forecast calling for 4+ days of snow:

Weather Links for Truckee / north Lake Tahoe

      

Chain Control Map

Doppler

Far West Radar

Lake Forecasts

Lake Tahoe Buoy Weather

Lake Tahoe Water Level

Mountain Peak Observations

OpenSnow.com

Point Forecast Matrices

Satellite Loop

Tahoe Weather Geek

Truckee Forecast

Truckee / Tahoe Area Discussion

Lake Tahoe Hi-Def Webcam

To view the West Shore Lake Tahoe webcam click here.

 

 

 

 

2013 California Housing Market Forecast

California housing market to continue improvement; lack of inventory to hamper sales.

LOS ANGELES (Oct. 2) – California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 California Housing Market Forecast,” released today.

The C.A.R. forecast sees sales gaining 1.3 percent next year to reach 530,000 units, up from the projected 2012 sales figure of 523,300 homes sold.  Sales in 2012 will be up 5.1 percent from the 497,900 existing, single-family homes sold in 2011.

“The market has improved moderately over the past year, and we expect that to continue into 2013,” said C.A.R. President LeFrancis Arnold.  “Sales would be even higher if inventory were less constrained in REO-dominated markets, particularly in the Central Valley and Inland Empire, where there is an extreme shortage of available homes.  Sales will be stronger in higher-priced areas, where there are more equity properties and a somewhat greater availability of homes for sale.”

“Housing affordability has never been stronger – with record-low interest rates and favorable home prices, combining to create a once-in-a-generation opportunity to buy a home in California,” said Arnold.

C.A.R.’s forecast projected growth in the U.S. Gross Domestic Product of 2.3 percent in 2013, after a gain of 2 percent in 2012.  With job growth of 1.6 percent in California, the state’s unemployment rate should decrease to 9.9 percent in 2013 from 11.7 percent in 2011 and 10.7 percent in 2012.

The average for 30-year fixed mortgage interest rates will edge up to 4 percent after six consecutive years of declines, but will still remain historically low.

The statewide median home price is forecast to increase a moderate 5.7 percent to $335,000 in 2013.  Following a decrease in 2011, the California median home price will climb a projected 10.9 percent in 2012 to $317,000.
“The housing market momentum which began earlier this year will continue into 2013,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young.  “Pent-up demand from first-time buyers will compete with investors and all-cash offers on lower-priced properties, while multiple offers and aggressive bidding will continue to be the norm in mid- to upper-price range homes.”

“The actions of underwater homeowners will play an important role in housing inventory next year, with rising home prices inducing some to stay put and others to list and move forward,” she said.

“The wildcards for 2013 include federal, monetary and housing policies, state and local government finances, housing supply, and the actions of underwater homeowners – not to mention the strength of the overall economic recovery,” Appleton-Young continued.

Appleton-Young will present an expanded forecast Wednesday afternoon during CALIFORNIA REALTOR® EXPO 2012 (http://expo.car.org), running from Oct. 2-4 at the Anaheim Convention Center in Anaheim, Calif.  The trade show attracts nearly 6,500 attendees and is the largest state real estate trade show in the nation.

Also, don’t miss “Housing Market Trends: What’s Next for Real Estate,” during CALIFORNIA REALTOR® EXPO 2012.  C.A.R.’s Chief Economist Leslie Appleton-Young and C.A.R. Senior Economist Selma Hepp will moderate a panel of renowned experts as they discuss future market trends and front- and center issues facing the market and REALTORS® next year.  The panel is scheduled to be held Thursday, Oct. 4, from 2 p.m. – 3:30 p.m. at the Anaheim Convention Center.

2013 CALIFORNIA HOUSING FORECAST

2008 2009 2010 2011 2012f 2013f
SFH Resales (000s) 441.8 546.9 492.3 497.9 523.3 530.0
% Change 27.3% 23.8% -10.0% 1.1% 5.1% 1.3%
Median Price ($000s) $348.5 $275.0 $305.0 $286.0 $317.0 $335.0
% Change -37.8% -21.1% 10.9% -6.2% 10.9% 5.7%
30-Yr FRM 6.0% 5.1% 4.7% 4.5% 3.8% 4.0%
1-Yr ARM 5.2% 4.7% 3.5% 3.0% 2.8% 2.8%

f = forecast

Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with more than 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

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