The real estate market has picked up so suddenly, starting in mid-July, that prices for closed sales haven't really been able to catch up.
MARKET REPORTS
24 posts
It’s the question everyone asks when they call our team. “What will happen with the real estate market in 2023?” Of course we can’t know the answer to that. Really wish we did, but instead we are just like everyone one else and rely on educated guesses and forecasts. What…
By: Tim Henderson Investors bought nearly a quarter of U.S. single-family homes that sold last year, often driving up rents for suburban families in the process. The issue is especially acute in some Sun Belt states amid evidence that investors often can outbid other buyers, keeping starter homes out of the…
Did you know that Lake Tahoe is actually broken down into multiple real estate market areas? Our beautiful blue lake is so large, the communities that surround it’s shores are each very unique. Over the decades we have seen differences grow, with each corner becoming it’s own special bubble when…
The following article is provided by the California Association of Realtors from their fall business meetings. Images are screen shots our team personally took when we attended the economic market forecast luncheon that went into detail on the California real estate market forecast. For local Tahoe real estate market data,…
All agents get the same questions about the Tahoe Real Estate Market… What’s going to happen with real estate prices and available listings in the future? Is now a good time to buy/sell, or should I wait to get a better deal? When will prices start to go down/up? Everyone…
This article is provided by KeepingCurrentMatters.com Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after…
Now that the stay-at-home orders have started to lift in both California and Nevada, how is that affecting the Lake Tahoe real estate market? The short answer is things are looking good! For the long answer lets dig into the details. LITTLE BIT OF HISTORY As mentioned in previous posts,…
July kicked off with a bang with Lake Tahoe’s infamous “Lights Over the Lake” fireworks celebration and ended in a haze of smoke for the start of September and the Fall season. Just like the hundreds of thousands of tourists that came and left the Lake Tahoe Basin for Summer, there was also…
The outlook for a great summer in South Lake Tahoe is looking good! Along with a lot of investment activity in town and a overflowing schedule of summer entertainment, I predict the summer real estate market in Lake Tahoe will be a strong one. Home Sales in South Lake Tahoe The median…