Davis Yoder Group Blog

Sellers who anticipate losing money if they sell their home may wonder why they should spend a dime fixing the place up for sale. Isn't this throwing good money after bad? Even sellers with plenty of equity in their homes often figure the way to get the most out of the sale is to cut sale costs t...

The Market Monitor May 1, 2008 Re: Truckee Area Real Estate Market Dear Client; Market Overview The market continues to chug along. Buyers have done very well with their purchases as we have seen some exceptional deals and homes selling at less than replacement cost and land selling at a tremend...

The Market MonitorApril 3, 2008 Re: Truckee Area Real Estate MarketDear Client; Market Overview The market continues to drift lower as measured by sales volume. There were a total of 60 residential properties go under contract in March. This equates to a 20 month supply of residential properties...

February Comparison   Tahoe Donner Home Sales to Feb 29, 2008                             YEAR-TO-YEAR COMPARISON REPORT Single Family                           Current     # Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg # For Sale     RESIDENTIAL   $   $   $                  ...

Rev. Proc. 2008-16:  Safe Harbor for Exchanges of Vacation Homes and Conversions to or from Personal Residences This revenue procedure provides a safe harbor under which the IRS will not challenge whether a dwelling unit qualifies as property held for productive use in a trade or business or for...

The Market Monitor March 4, 2008 Re: Truckee Area Real Estate Market Dear Client; Market Overview  The market continues on the path it was last year as far as sales volume. The difference this year is in the high end. Sales of homes over $1 million have been strong. Of the 72 single family home ...

The Market Monitor   January 4, 2008   Re: Truckee Area Real Estate Market   Dear Client;   Market Overview   The year 2007 will be well remembered as a major shift in the national real estate market. While the market actually peaked in 2005 in takes many years for the market to settle out and s...

Forecast for California 2008 home sales   The California Association of Realtors is estimating that there will be 350,000 unit sales in 2008 which is about equal to the mid 1990 rate before the boom happened. This is off from 625,000 sales in the peak years of 2004 and 2005.   California experie...

Existing Home Market.....................................................................D Conditions in the existing home market are still deteriorating. Annualized home sales fell to 5.04 million in September, equating to the lowest level since September 2001, with existing home sales volume n...

Mortgage Cancellation Relief How H.R. 3648 Impacts Taxation on Some Vacation Homes A harsh reality of tax law changes is that any benefit provided to taxpayers must be "paid for" with a revenue offset. In order to "pay for" the mortgage cancellation relief, the Ways and Means Committee modified,...