With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about your finances.
But here’s the thing you need to remember if you’re a homeowner. According to Investopedia:
“Traditionally, stocks have been far more volatile than real estate. That's not to say that real estate prices aren't ever volatile—the years around the 2007 to 2008 financial crisis are just one memorable example—but stocks are more prone to large value swings.”
While your stocks or 401(k) might see a lot of highs and lows, home values are much less volatile.
A Drop in the Stock Market Doesn’t Mean a Crash in Home Prices
Take a look at the graph below. It shows what happened to home prices (the blue bars). ...

Some Highlights
Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.
Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.
If you want to find out how much equity you have, let's connect. Because it may make a move a lot more feasible than you'd think. ...

Why Today’s Foreclosure Numbers Aren’t a Warning Sign


When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear. But don’t let that scare you.
If you put the latest data into context, it’s clear there’s no reason to think this is a repeat of the last housing crash.
This Isn’t Like 2008
While it’s true that foreclosure filings ticked up in the latest quarterly report from ATTOM, they’re still lower than the norm – and way below levels seen during the crash. And it’s a lot easier to see if you graph that out.
If you compare Q1 2025 (on the right side of the graph) to what happened in the years surrounding . ...

Mammoth Crossing is now “Peak Mammoth”
Exciting developments are underway in Mammoth Lakes as the three former Mammoth Crossing corners, located at the intersection of Main Street and Minaret Road, have recently changed ownership. The corners are within the "North Village Specific Plan" adopted back in 2009 and the allowable density and permitted uses for these sites will remain the same for the new development, considered to be the "Gateway" to the base of Mammoth Mountain. 
Over the past few years, the new Limelight Mammoth project has been progressing, and now, New Course has acquired these key sites. The company is eager to collaborate with the Town of Mammoth Lakes and other stakeholders to introduce a new luxury standard of development to the North Village area, situated just south of The Village at Mammoth.
New Course aims to bring "Peak," its stunning luxury residence brand currently showcased in Tahoe, to Mammoth. This ambitious vision promises to elevate t ...

 


Wrapping Up a Vibrant Summer in Mammoth Lakes

As the cooler temps and golden hues of fall start to embrace Mammoth Lakes, we reflect on a summer season that was truly one for the books. Our town buzzed with energy, hosting an array of events that brought our community and visitors together to celebrate the spirit of the High Sierras., Mammoth Lakes proved once again why it’s a premier destination not just for its natural beauty, but for its thriving cultural scene.


A Summer of Melodies and Art

The summer kicked off with the annual 4th of July celebrations and the sounds of music echoing through the mountains, as local and visiting artists graced our stages. The live music scene was particularly vibrant this year, with genres spanning from jazz and blues to rock and country, ensuring there were tunes to suit all musical tastes. The highlight was our annual Jazz Festival, which saw an unprecedented turnout, with enthusiasts swaying to mesmerizing performances; ...