COMMUNITY UPDATES Category
Have you heard the news? The City of South Lake Tahoe is planning to change the rules for Vacation Rentals again. But what are they changing, and how does it affect you? A LITTLE BACKGROUND A Vacation Home Rental (or VHR for short) is a home or condo that is rented out for less than 30 days at a time. You may have heard of AirB&B or VRBO. These are popular websites where you can search for a home to stay in when...Continue Reading!
Beware When Booking Vacation Rental Reservations in Lake Tahoe: Lake Tahoe vacationers beware of vacation rental scams in Lake Tahoe. When booking a vacation home it is best to go through a reputable company. Recently there have been cases of poor unsuspecting families "booking" vacation homes in Tahoe through websites such as Craigslist only to find out that their deposit money was not collected by a legitimate rental company, but by a impostor acting as the vacation rental company. I suggest to locate a good...Continue Reading!
Lake Tahoe Long-Term Rental Shortage: South Lake Tahoe housing shortage is causing a lot of attention which is good for investors. However, for renters this is causing a problem. Approximately 25% of the population are locals who live in South Lake Tahoe year round. Many of the residents do not own their own home and need to rent. Approximately 1900 of the homeowners in South Lake Tahoe have applied for a vacation rental permits which is contributing to the housing shortage. With those statistics long-term rentals are...Continue Reading!
South Lake Tahoe Real Estate Market How has the year affected the market? I get the question all the time: "Dan, is the Lake Tahoe real estate market a Seller's or Buyer's market?" Lately my answer is "right in between", good time to buy and sell. The inventory of homes for sale in South Lake Tahoe has been increasing since this past winter. Although Lakefront home prices have climbed, lakefront condos prices have decreased. Take a look at the charts and see the...Continue Reading!
There is a good reason that over 3 MILLION people visit Lake Tahoe every year. From skiing fresh powder to laying on beautiful sand covered beaches, sometimes in the same day, Tahoe has it all! It doesn’t matter what your age, there is something for everyone. Hiking, beaches, boating, and live concerts from some of the top artists in the world, what more can you ask for? Here’s a guide to the perfect summertime Lake Tahoe vacation. Sightseeing Lake Tahoe has gorgeous views,...Continue Reading!
Lake Tahoe has an abundance of Real Estate agents, so finding a Good Realtor in Lake Tahoe is not that easy. Whether it be your first home purchase, an upgrade, a lifestyle change, or just buying a vacation home, you will need a good real estate agent. Here are some tips and tricks about finding the ideal Realtor who is right for you. 4 Good Signs Good Reviews. People only tend to leave reviews if they had an extraordinary experience or a bad one....Continue Reading!
Lake Tahoe is continuously growing and progressing with more opportunities for our guests. The lake and mountains alone bring in so many tourists and lifelong residents, it is hard to believe that there could be more to this town than just views! Yet, South Lake Tahoe is doing it again. This year investors are spending over 500 million dollars in renovations to make your Tahoe vacation the dream location to own a vacation home. The growth of South Lake Tahoe Real Estate over the last...Continue Reading!
Many potential buyer's that are thinking about purchasing a home in the City of South Lake Tahoe have heard about the new VHR (Vacation Home Rental) Ordinance that was put in place on October 1, 2015. There were changes to the Permit Process as well as specific Guidelines that are required to be followed in order to rent your property out as a vacation rental. We've compiled a list of the most common FAQ's or Frequently Asked Questions that we've heard some...Continue Reading!
Guidelines for the City of South Lake Tahoe Vacation Home Rentals (VHR's) Source: City of South Lake Tahoe - www.cityofslt.us/VHR *** The City of South Lake Tahoe encourages homeowners to communicate with your surrounding neighbors and let them know that you are planning on applying for a Vacation Home Rental (VHR) Permit. Ask and address any questions or concerns with them before the VHR notification letter is mailed out and received. This will greatly enhance your chances of not getting denied...Continue Reading!
Source: City of South Lake Tahoe - www.cityofslt.us/VHR How do I obtain a South Lake Tahoe Vacation Home Rental (VHR) Permit? 1. Download the VHR application at www.cityofslt.us/VHR - An application may also be obtained at the City Permit Center located at 1052 Tata Lane South Lake Tahoe, CA 96150 2. After receiving a complete VHR application, City staff will do the following: - Schedule an inspection of the property using the VHR Inspector's Checklist. The City has 14 days after they receive the VHR...Continue Reading!