Lexi Cerretti,  in Incline Village, NV

Is there a flight to quality in today's real estate market?

Asked by Lexi Cerretti, Incline Village, NV Thu Aug 16, 2007

We are seeing a flight to quality in the volative stock market this week- large bank stocks are up while other sectors are loosing ground. In the second home market at Lake Tahoe, buyers have been targeting the over $1 million price point, and prices have remained stable in desirable areas like Incline Village. Is this a flight to quality that bucks the overall real estate market trend?

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I think the real estate market is changing and there is a shift from quantity to quality. I read a really interesting blog posting on some of the future changes that will be shaping the real estate market.
0 votes Thank Flag Link Thu Aug 16, 2007
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