Buyer activity in Truckee, CA continues to be hot in 2012 as buyers who have been sitting on the sidelines over the last few years are now more motivated due to soft pricing, historically low interest rates, and motivated sellers which has resulted in strong sales volume over the last few years. Based on the first chart you can see that Truckee sales volume bottomed out Read More
Based on the chart below you can see that Olympic Valley(Squaw Valley) sales volume bottomed out in 2009 and has been increasing over the last 3 years. In 2012 we have already seen 7 sales in Olympic Valley as of July 13th and we are expecting to see sales volume closer to the numbers we saw in 2010 as we are just starting to get into the Olympic Valley sale season and we Read More
Last week a client was asking me about the Lake Tahoe and Truckee Real Estate markets and whether supply and demand are in balance. In my response to my client I put together an email that calculated the absorption rate for Lake Tahoe real estate and I determined that the Lake Tahoe and Truckee real estate markets are currently balanced, but just barely. Here is how I Read More
This week I was meeting with some good clients of mine who purchased a home in the Truckee, CA neighborhood know as Tahoe Donner back in 2009 to discuss some upgrades and remodeling they completed and to see how those upgrades affected the pricing of their home. While I was putting together my report for my clients I decided that I should create a chart showing trends in Read More
> Alpine Meadows Estelle Bowl March 2011 The Lake Tahoe Real Estate markets were super active in 2011 with buyerstaking advantage of motivated sellers, distressed sales, and historically lowinterest rates. The Lake Tahoe single family residence (SFR) sales volumewas up 8.8% in 2011 from 797 SFR sales in 2010 to 874 sales in 2011! Thisis a Read More
> Alpine Meadows Estelle Bowl March 2011 It’s amazing that the end of the year is already upon us, where does thetime go. With only a few weeks left in 2011 I figured I would take a lookat the overall Lake Tahoe Real Estate market as of 12/16/2011 and compare it to2010 and see where we ended up this year. Please keep in mind that it is only the 16th Read More
