Foreclosures Short Sales Catching On in South Lake Tahoe These days many homeowners are defaulting on their loans and risking losing their homes. To save themselves from foreclosure, short sales have become very popular. This evening I found 38 listings in the South Lake Tahoe MLS that are possible short sales. If you are unfamiliar with short sales, here is a great article that […]
Statistics July 2008 Statistics for South Lake Tahoe Real Estate Always trying to improve the real estate statistics I present to you, I’ve decided to mine for a new stat – median sale price for the last 90 days. I will present this statistic along with the median sale price for the last month. See the table below for the actual numbers. What are the […]
Market Trends The Right Time to Buy May Be Now Seventy homes are in escrow here in South Lake Tahoe. It hasn’t been since September 2005 that we’ve seen that many homes pending. Over the last few years, a lot of people have been waiting for the right time to buy. It seems that many think that time is now. I’m really beginning to agree with them. Here are a few good reasons […]
South Lake Tahoe Area Information Parents Have Choice of South Shore Schools I thought some of you might find this information interesting. The Tahoe Daily Tribune released information on South Tahoe area schools. Everything looks good to me except that Zephyr Cove’s middle school, Kingsbury Middle School, closed on June 9, 2008. Sixth graders will now go to Zephyr Cove Elementary. Seventh and eighth graders will go […]
South Lake Tahoe Neighborhoods Angora Fire Real Estate Video Blog Watch in high quality
Statistics June 2008 Statistics for South Lake Tahoe Real Estate As predicted, the median sale price for single-family residences in South Lake Tahoe dropped dramatically in June, down to $365,000. The market is certainly suffering. However, I’m becoming skeptical of the statistical barometers we continue to rely upon. Perhaps the steep decline in median sale price doesn’t quite reflect what’s happened to home values here […]
Statistics Months Supply of Inventory (MSI) and Absorption Rates in Real Estate I love real estate statistics. I got a math degree from the University of Texas, so I could make a career of real estate stats. In this blog, I’ll keep things relatively simple. In efforts to improve the statistics I present you, I am beginning to mine for and calculate absorption rates and months supplies of […]
TRPA TRPA Part 1: An Introduction to the Tahoe Regional Planning Agency Imagine the Lake Tahoe basin with 800,000 homes in it. A freeway, connecting different mountain peaks, overlooks the basin where the Tahoe Rim Trail currently lies. Lake Tahoe is another San Francisco. This is what many area planners hoped for in the 1960’s, shortly after the Olympic Games at Squaw Valley. Fortunately the government stepped […]
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Uncategorized Feedback Request for Website Software Upgrade I just upgraded my website’s blogging software.  It was a big scary process that appears to have gone well.  In part, this is a test message to see if things are working.  However, I will ask that if you see anything weird from your end, please notify me.  Send all feedback to dkondo@chaseinternational.com.
South Lake Tahoe Area Information Weathering the Storms on Tahoe’s South Shore The following article about South Lake Tahoe weather was published in the Tahoe Daily Tribune earlier this month. It provides valuable information on the kind of weather to expect when visiting South Lake Tahoe. Basically, come expecting anything! For homeowners starting projects, be aware that it will likely snow sometime in October. Last September, we […]
South Lake Tahoe Events South Tahoe’s 4th of July Spectacular With Independence Day one week away, I want to discuss South Lake Tahoe’s 4th of July experience. IT IS INCREDIBLE. Our fireworks display, Lights on the Lake, is rated amongst the top in the nation by many. Seeking tourists, Tahoe casinos invest a ton of money into the pyrotechnics. Here are a few reviews I […]
South Lake Tahoe Area Information Cost of Living is Still Rising in South Lake Here’s an article about South Lake Tahoe’s high cost of living from the Tahoe Daily Tribune. As a Tahoe local, I can attest that life ain’t cheap in South Lake Tahoe. However, there are ways to combat the area’s high cost of living. If you’re coming from Sacramento or the Bay Area, stop for gas […]
Foreclosures May 2008 Statistics for South Lake Tahoe Real Estate After some of the statistical revelation I experienced over the last week, it’s become much easier to make conclusions on this market that can be validated with empirical evidence. The median sale price for single family residences increased 9.5%, from $379,000 in April to $415,000 in May. Unfortunately, this is not evidence of a market […]
Statistics A Harder Look at Real Estate Statistics The South Tahoe Association of Realtors (STAoR) staff went to a C.A.R. conference last week. Thus, they didn’t publish May market statistics until today. Honestly, I got impatient a few days ago and started mining our MLS for data. I had no idea what I was in for! Two days, six phone calls, and five hours […]
Statistics April 2008 Statistics for South Lake Tahoe Real Estate Sorry this is coming late folks!  Achilles tendon surgery, amongst other even bigger things, has kept me tied up in the last couple of weeks. Here are the latest statistics from the South Tahoe Association of Realtors.  This data is from April 30, 2008.  The median home price in South Lake Tahoe rose 0.7% from […]
ChaseNation Chase International Unveils ChaseNation My real estate agency, Chase International, has recently unveiled a new website at ChaseNation.com.  ChaseNation is a social networking site like Facebook or MySpace.  However, ChaseNation is geared toward Reno-Tahoe real estate.  In fact, it is the first ever agency specific social networking site.  I invite you to check it out at: www.ChaseNation.com
Cost of Homeownership What Will My Monthly Home Payment Be? When showing property, I’m often asked the question, “What will my monthly payment be on this house?” The answer many people give is simply the amount owed on the home each month, which is often called PI – principle and interest. On a $400,000 home, this would be about $1,920 (assuming 20% down and a […]
Best Buys South Lake Tahoe Best Buys Right Next to Heavenly Sqft: 3200 Beds: 5 Baths: 3 Price: $895,000 >Click for more info Between Unbuildable Lots! Sqft: 1680 Beds: 3 Baths: 2 Price: $369,000 >Click for more info Foreclosure Steal! Sqft: 1432 Beds: 3 Baths: 2 Price: $225,000 >Click for more info Brand New Construction Sqft: 2032 Beds: 3 Baths: 2 Price: […]
Statistics March 2008 Statistics for South Lake Tahoe Real Estate Here are some of the latest statistics from the South Tahoe Association of Realtors.  This data is from March 31, 2008. South Lake Tahoe’s median home price has fallen 5.5% in the last two months.  Ouch! Median Home Price Number of Active Listings Number of Escrows $425,000 361 40 Number of Listings by Price Range […]
Tranquility Estate Tahoe’s $75 Million Tranquility Estate Since learning that one of the highest priced homes in America is only four miles from my home, I’ve been fascinated by the Lake Tahoe estate called Tranquility. It is owned by co-founder of Tommy Hilfiger, Joel Horowitz, and is listed at $75,000,000. You can learn some basic information on Tranquility at www.tranquilitylaketahoe.com. I’ll also […]