Market Trends

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 […]
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 […]
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 […]
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 […]
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 […]
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