LAKEFRONT & LUXURY Category
Million-dollar homes in the U.S. are selling at double their historical average while middle-class property demand stumbles, showing that the housing recovery is mirroring America’s wealth divide according to a recent report by Bloomberg. In South Lake Tahoe, we are seeing strong sales of homes in the luxury category but not quite at the same national average rate. There are several reasons why the local figures don't match up with the national averages. About 85% of the home owners in Lake Tahoe use...Continue Reading!
I am seeing a big increase in lake front homes sales in South Lake Tahoe on both the CA. and NV. sides of the state line. Nevada Lakefront Homes In the past two months there have been four lake front homes and one condo that sold. During the previous two months there were none. If we look at the past 12 months, there was a total of 10 lakefront homes sold on the Nevada side of Lake Tahoe. [gallery columns="4" link="file" ids="16249,16250,16251,16252"] Why the sudden...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!
An estimated three million visitors gaze upon beautiful Lake Tahoe each year but very few are able to call Lake Tahoe home, and even fewer are able to live in a lakeview home like this one. Imagine gazing out upon the lake from this gorgeous Glenbrook home for sale! You'll feel like you're hanging over the top of the lake. This is one of most panoramic lakeview homes I've ever been in, even better than most lake front homes. You look...Continue Reading!
Since overall sales of homes in South Lake Tahoe are on the rise, one would expect the same for luxury homes (those priced over $1,000,000). One would also assume that sales are increasing more than those of lower priced homes because of the recovering economy. Let's look at the information and come up with an answer: Luxury Homes for sale in Lake Tahoe Luxury homes can be found for sale in many of Lake Tahoe's neighborhoods. Some are lakefront, some are lakeview...Continue Reading!