TAHOE REAL ESTATE Category
There were four condos listed for sale in the Tahoe Keys neighborhood in April, which is double the number listed in March. In all of South Lake Tahoe, new listings of condos went up 81% in April from the previous year, while single family home listings went down almost 4%. When looking at the last year, condo listings are up 48% in the Keys and 48% in all of South Lake Tahoe. This is an interesting coincidence! Why the interest in buying a condo in...Continue Reading!
I receive a lot of phone calls and emails from my clients who want more information about investing in Lake Tahoe real estate. The top four benefits that motivate buyers to pull the trigger are the following; ability for personal use on vacations, income potential, strong appreciation growth and tax advantages. 1. Use Your Lake Tahoe Vacation Home If you invest in stocks, bonds or in a business, you don't get to physically enjoy them like you can when you invest in...Continue Reading!
In South Lake Tahoe real estate terms, March was much of the same when looking at the figures of home sales over the last year. Median Sale Price and Closed Sales of Homes Sold in South Lake Tahoe Over the past 12 months, the median price of homes in South Lake Tahoe, CA sold leveled off at $320,000, but that's still 25.5% over last year's average of $255,000. For the month of March, 2014, the median rose to $365,000 (this reflects homes...Continue Reading!
You have made the decision to buy a home in Lake Tahoe. That's the first step. Now it's time for the second step: finding a Lake Tahoe realtor that you trust. There are hundreds of real estate agents in the area so this may seem like a daunting task. The Top 4 Reasons You Should Pick Dan Spano as Your Lake Tahoe Realtor 1. Negotiating price and terms - With my 30 years of Lake Tahoe real estate experience, I know the...Continue Reading!
I get this question all the time - "Where can I buy a cabin in Lake Tahoe that puts me next to the ski resorts?" There are great choices in all four main areas of the lake: North CA, North NV(Incline Village), South CA, South NV. Ski Cabins in South Lake Tahoe, CA There is one neighborhood that is right at the Heavenly Ski Resort, and that on is appropriately named the Heavenly Neighborhood. There are condos, cabins and large vacation homes...Continue Reading!
Some people know Incline Village as the former home of the Ponderosa Ranch. Others know it because its the biggest community on the Nevada side of North Lake Tahoe. What is Incline Village, Nevada and why should you buy a home here? Incline Village's Nickname Incline Village's village nickname is "Income Village" and used to be home to the millionaires of Lake Tahoe, but that is no longer the case. The standing joke is that the billionaires drove out the millionaires..while that...Continue Reading!
2014 is starting out to be another good year in Lake Tahoe real estate! Statistics show that the new year started off just as the old year wrapped up. The median price is up, closed sales are leveling off and the number of homes in Lake Tahoe for sale is down. The one fact that differs from the end of 2013 are new listings. The number of homes entering the market in South Lake Tahoe dropped steadily from May through December, but...Continue Reading!
Luxury home sales in South Lake Tahoe are on the rise, especially over the last six months. Of the 22 homes that sold for over $1,000,000 on the California side of South Lake Tahoe, 14 were sold over the last half year. The Nevada side is experiencing much of the same. There have been 55 homes sold for one million dollar and above in the last 12 months, almost double from the prior year when 30 homes above one million...Continue Reading!
With Lake Tahoe being the largest alpine lake in North America, you might think you'd be able to find a lot of homes along it's 72 miles of shore line, but with state and national parks and other public lands taking up much of the lake shore, this isn't the case. Lakefront and Waterfront There are two types of homes that rest on the shores of Lake Tahoe, lakefront and waterfront. The homes that are directly on the lake are considered lakefront,...Continue Reading!
December wrapped up a record breaking year in South Lake Tahoe real estate. I don't want to sound like a broken record, but the month had more of the same: Median sales price up, closed sales leveling off, number of homes for sale down and new listings on the rise. Median Sales Price Rises for 17th Straight Month From August of 2011 to August of 2012, the median sales price of homes sold in South Lake Tahoe was $231,000. In December of...Continue Reading!