“Deflation is a fall in the general price level or a contraction of credit and available money (opposed to inflation).” Deflation is rare in the global economies of today. This is due primarily to central banks who around the world have engaged in a campaign to create a consistent inflationary environment for their own economies. This has worked […]
Archives for July 2023
Tuolumne County Real Estate Market Trends
The chart above shows the Tuolumne County Association of Realtors latest stats for the real estate market in Tuolumne County. Where the average sales price has dropped 12% since the second quarter last year. Foreclosures are also way up and the luxury home market has seen a 35% decline in sold prices. It is not […]
