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By Nick Timiraos.The housing market in 2014 put to bed the idea that the hard-hit sector might see more of a V-shaped recovery. Sales began to slide midway through 2013 amid rising prices, thin inventories and a sudden surge in mortgage rates. The past year got off to a slow start after a brutal winter. For the resale market, 2014 wasn’t a total bust. Through November, sales were down around 4% from the prior year, but they began to post year-over-year increases in October. The new-home market was a bigger disappointment, however, with sales volumes barely increasing over their year-earlier levels. It’s a good reminder that the recovery in the housing market is likely to be long, slow and choppy. Finish reading the article here to find out what 2015 has in store for real estate. |
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Restaurant Week is back! Experience some of the most delicious wine and food in South Lake Tahoe at prices you can’t get at any other time of the year. Tahoe South Restaurant Week connects foodies with the area’s most notable locally-owned eateries, each recognized for their classic favorites and distinctive dishes. Participating restaurants will feature specially-priced and prix fixe menus highlighting the theme “Made with Altitude.” There are no passes, tickets or coupons. Instead, diners simply visit their favorite participating restaurants throughout the week to enjoy the special menus and featured items. Finish reading the article for more information.
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