Uncategorized 6 Tax Facts Home Sellers Should Know From the California Association of Realtors 1. If you’ve owned and lived in your home for two of the five years prior to selling it, you can generally exclude up to $250,000 of the gain from your income ($500,000 on a joint return, in most cases). 2. You are not eligible for this exclusion if […]
Listing Properties for Sale Top Ten Legal Mistakes Home Sellers Make From the California Association of Realtors 1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small amount. […]
Market Trends The South Lake Tahoe Market Turnaround I haven’t said it until now, but … it appears the bottom of the market is behind us. I say that with some apprehension because I have no crystal ball. However, there’s just too much evidence suggesting a market turnaround in South Lake Tahoe. Here are some quick snippets. There are currently 157 homes in […]
South Lake Tahoe Events Soroptimist International of South Lake Tahoe’s 2010 “An Evening of Food & Wine Tasting” Event Soroptimist International of South Lake Tahoe will host “An Evening of Food & Wine Tasting” on November 12, from 6 to 9:30pm, at Harrah’s Convention Center in Stateline. The event raises money to fund the many projects and programs sponsored by Soroptimist International of South Lake Tahoe. They will be showcasing over 18 local area […]
Market Trends South Lake Tahoe Sales Up 45% From Last Year The Tahoe real estate market does not follow the national market. While discussing the state of the Tahoe real estate market last month, I was presented the argument that the number of home sales are down over the last several years. Surprisingly, this is a statistic I did not track, so I went to work […]
Listing Properties for Sale What You Should Know Before Listing a Home (Part 2) (This article by Drew Kondo was featured in the Tahoe Daily Tribune on June 12, 2010. For Part 1, click here.) Preparing Your Home The presentation or “staging” of your home is crucial in obtaining the highest possible sale price. Extra time and money spent making your home presentable and welcoming can yield several thousand […]
Listing Properties for Sale What You Should Know Before Listing a Home (Part 1) (This article by Drew Kondo was featured in the Tahoe Daily Tribune on June 5, 2010) The summer is finally, finally here, which means that many Tahoe homeowners will be listing their homes for sale. This can be a daunting task. For many it will be the biggest sale of their lives. Many questions arise: […]
Market Trends Real Estate Interest Rate Outlook Here is a word from Tahoe mortgage broker, Norm Hansen, on the future of interest rates: Rates are still at an all-time low … but … we expect some changes in the 2nd quarter. I have reported on the effective job the federal government has been doing in keeping rates low by buying mortgage backed […]
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Market Trends South Lake Tahoe Market Update As the holder of a bachelor’s in mathematics, I mine for a lot of real estate statistics. The following numbers present a good reflection of what’s happening in the South Lake Tahoe real estate market. Since January 2009, median sale price has leveled. The bottom of the market is near. The market as a whole […]
Market Trends June 2009 South Lake Tahoe Real Estate Market Update It’s almost summer here in South Lake Tahoe, and while the temps aren’t too hot with this recent cold front, the real estate market is scorching. We haven’t seen buyer activity like this in years. I’ve seen several properties receive multiple, competing offers. They are oftentimes selling for more than list price. Things are getting […]
Single Listing Websites 1133glenwood.com is Live! I’ve built a website for my latest listing, which is at 1133 Glenwood Way.  Check it out at 1133glenwood.com (click here!)  The benefit to having a website like this is that you can display more photos of your home than the MLS allows.  It can also display a virtual tour. The home itself is a really […]
South Lake Tahoe Area Information South Lake Tahoe by the Numbers Here’s a little information on South Lake Tahoe demographics from the Tahoe Daily Tribune.  I’m not sure how they figured that Sacramento is closer to South Lake Tahoe than Reno.  According to Google, Reno is a 60.2 mile and 1 hour and 17 minute drive.  As the crow flies, it is 41.6 miles from South […]
Statistics September 2008 Statistics for South Lake Tahoe Real Estate There’s been a bit of a buzz in the South Lake Tahoe real estate community. Have we hit the bottom of the market? Possibly. Check out the median sale prices over the last seven months. It looks like we hit bottom in June and have been heading up in the following months. Additionally, the median […]
Internet Real Estate Resources Great Real Estate Websites As a South Tahoe Realtor, I frequently surf the web for information. Given that you’re currently reading this article, I assume you also want to acquire real estate information via the internet. Thus, I’ve looked through my web browser’s bookmarks and have pulled websites I figured would be most helpful to you. They cover a […]
Tranquility Estate Tahoe’s $75 Million Tranquility Estate – Part 2 The following was posted as a comment to my original Tranquility estate post. I found it so interesting that I’m creating a separate posting for it. Thanks to Don for the following write up:   I was a helper for the granite company that worked there. I thought I’d add a couple of other cool […]
Statistics Real Estate Stats Aren’t Skewed in South Lake Tahoe As I’ve mentioned in previous articles, there’s been a theory proposed by a few South Lake Tahoe real estate agents, myself included, that home prices haven’t dropped as much as the statistics show. Perhaps there’s been more activity in the lower price bands. After all, it’s been much tougher to get a jumbo loan this […]
Statistics August 2008 Statistics for South Lake Tahoe Real Estate South Lake Tahoe real estate saw a lot of activity in the higher price bands during August. This pushed the median sales price for single family residences to $443,750 for the month and $399,000 for the last 90 days. We are still seeing a market decline, however. In the last two weeks there have been […]
South Tahoe News Tahoe Mega Yacht Sells for $3.2 Million In the latest news, last Thursday the 86-foot yacht that had been sitting in the Tahoe Keys Marina was auctioned off. This article says that the former owner used it as a summer and weekend home. That’s interesting because I thought using boats as overnight dwellings on Lake Tahoe wasn’t allowed. This yacht, the Sierra […]
Video Blogs WellcomeMat.com Features the 2489 Bernice Lane Video Tour in its Top 5 Being new to real estate video, I was surprised this morning to find an e-mail in my inbox from a video company recruiter. She informed me that she had seen a video of mine on the WellcomeMat.com Top 5. I had no idea what that was. However, after doing some searching, I found that WellcomeMat.com […]
South Lake Tahoe History South Lake Tahoe Crime Stories Yesterday I was perusing through news articles on South Lake Tahoe and ran across some fascinating stuff. A substantial history of crime in Lake Tahoe shouldn’t surprise me too much. I mean they did shoot Godfather II here, and rumors continue to persist that Jacques Cousteau found dozens of mobster corpses intact at the bottom […]