According to a recent article in the Wall Street Journal, there are 6 reasons why there is a declining inventory of homes for sale in the United States. These 6 reasons also apply to Lake Tahoe, on both the California side and Nevada sides of the Lake. Their 6 reasons why…
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A home is one of the biggest, if not THE biggest investment a person will make in their life. Things change, our needs and families change, ideas of what we want change, so this means our home will change. The California Association of Realtors recently came out with this chart…
Since the number of homes for sale in Lake Tahoe has been decreasing we’ve seen an increased demand for vacant lots by buyers. Decreased Inventory + Increased Median Price of Single-Family Homes = Increased Demand for Property The upcoming building season looks like it will be a busy one according…
Advantages of purchasing a home in Lake Tahoe, Nevada With taxes raising in the state of California, real estate agents in Nevada, including Lake Tahoe, have seen an increased interest from home buyers and investors. Many want to know the advantages of buying a home in Lake Tahoe, Nevada. The…
I’m watching our Lake Tahoe Buyer’s market turn to a Seller’s market as I write this blog. The recent actions of Lake Tahoe homeowners indicate to me that we are at the beginning of a seller’s market. In the last 30 days, 12 California homeowners withdrew their Lake Tahoe homes…
Lake Tahoe real estate had seen a steady down trend in home sales over the last few years, and the last 9 months has seen a steady upward climb. In February of 2013 buyers seemed to be on a buying frenzy and sellers were deciding not to sell and hold…
Lake Tahoe home prices are finally seeing an upturn, and by looking at the chart on the right, we’re no different than the rest of California. While we don’t have 42 years worth of local figures, we can evaluate the median sales price over the last 6 years in Lake…
The demand to purchase homes for sale in Lake Tahoe seems to be increasing at a furious pace. That is evidenced by another home in Lake Tahoe going into escrow this month. After my clients looked at available homes for sale, this home in Tahoe Island Park neighborhood located at…
The rapidly reducing inventory of homes for sale in South Lake Tahoe was just reduced by one more! I just signed the paperwork to put a lakefront home located at 953 Lakeview into escrow. Unit #1 is a two story condo in historic Al Tahoe, right at water’s edge and even…
We’ve had a strong start to 2013 in Lake Tahoe. Homes continue to sell at a strong pace and now the median price is starting to rise. With a continually reducing inventory of homes on the market and the interest rates still at an all-time low, we believe we’ll continue…
South Lake Tahoe is divided into many neighborhoods on both the California and Nevada sides of the lake. This can make it hard for most buyers, as they are normally from outside the area and not very familiar with these neighborhoods. But our team has made it much easier to…
South Lake Tahoe real estate news for the weeks of January 10-24 2013: 15 homes closed escrow in South Lake Tahoe. There were 72 closed escrows in November, up from 50 in November 2011 and 50 closed sales in December, down from 2011’s 71 sales, I’m guessing that is because…