Jennifer Fortune's (fortunejennifer) Blog

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Real Estate Agent - Chase International South Tahoe Realty
RECENT BLOG POSTS
According to a press release by Freddie Mac average fixed mortgage rates fell to new all-time record lows for the second consecutive week. See yesterday’s press release here: Mortgage Rates Hit All-time Record Lows For Second Consecutive Week From the release… 30-year fixed-rate mortgage (FRM) av...
10/08/2012
Month/Year Median Sales Price This Month Last Year Percent Increase/Decrease Jan-10 $317,500 $401,000 -20.8% Feb-10 $317,250 $399,000 -20.5% Mar-10 $317,500 $399,000 -20.4% Apr-10 $318,500 $395,000 -19.4% May-10 $320,000 $388,000 -17.5% June-10 $326,500 $375,000 -12.9% July-10 $326,500 $365,000 ...
10/06/2012
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I recently attended a class on Disclosures lectured by a staff real estate attorney for the CA Association of Realtors. His notes included this, AS-IS.*As-Is addendum is not a magic form*Seller's duty to disclose is not waivable*Selling the property *AS-IS doesn't diminish the duty to disclose*AS...
10/03/2012
I keep finding homes that are "quick flips" and the work that was completed was not permitted by the city of South Lake Tahoe. The most important issue here is whether the work was done correctly and if it is safe especially when electrical and plumbing/heating are concerned. Your realtor should ...
10/02/2012
What is the Fire Fee?   Posted under: Market Conditions in South Lake Tahoe | September 26, 2012 11:08 AM | 1 view | No comments   Email AlertsSend to a FriendPost to FacebookPost to Twitter RSS View RSS feed close [x] What is the Fire Fee? Q. What is the Fire Fee? On July 7, 2011 the State Respo...
09/26/2012
The following are for Residential (single family & condos & townhomes) located in the City and County-info from South Lake Tahoe MLS Total Listings: 370 Active: 235 (13 short sale and 8 REO=8.9%) Escrow: 135 (40 are short sales and 7 are REO=34.3%) The 135 escrows represent 36.5% of the total inv...
09/25/2012
Closed on 5/31/2012 for $11 million with a asking price of $13.5 million and was located on the North Shore of Lake Tahoe in Tahoe City. The lodge style home is at the end of a long level drive surrounded by a magnificent & indigenous landscape. The setting is serene. Large glass windows look out...
09/24/2012
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09/21/2012
Don’t forget the program application deadline is December 2012Lake Valley Fire Protection District has a Hazardous Wood Roof Replacement Grant program, designed to encourage homeowners with hazardous wood roofs to replace them with a full Class A assembly, non-combustible, non-wood roof. This gra...
09/20/2012
The National Association of Home Builders confidence index rose to 40 from 38 reaching its highest level since mid-2006 before the housing bust. This topped most analysts’ forecasts as housing outpaces expectations. Builders’ expectations for the future also climbed in the latest report. The news...
09/19/2012
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Jennifer Fortune

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