Severe Weather, Lack of Inventory, Overpriced Homes, Stong Demand and a Vibrant Luxury Market; This Was 2019 Lake Tahoe Real Estate had a rough start in 2019 due to a severe winter which crippled roadways and dumped over 59 feet of snow in the upper elevations of Squaw Valley. Skiers rejoiced while home sellers were unnerved by the lack of showings and agents fretted over Read More
Buyers are Making Moves in the 4th Quarter As we move into the home stretch of the 4th quarter, we are seeing an increased number of closed sales as buyers are making moves going into the ski season. Buyers remain confident in the North Tahoe, CA and Truckee real estate markets which is why we saw a 4% increase in sales volume in the month of November, an 8% increase in Read More
Strong Demand for Luxury Homes and Entry Level Properties Has Pushed the Median Home Price up 3% in 2019 After years of strong run-up in the Lake Tahoe real estate market, we are seeing market normalization take hold. This does not signify a downturn as is overstated in the media but reflects a slowing compared to the extraordinary market performance over the last few Read More
Truckee Luxury Golf Course Real Estate is Thriving in Q3, Pushing the Median Home Price up 4% Coming off the tail of a record-breaking year can often make us feel like the market is soft and not performing to expectations when in reality, the market is entering a stage of normalization. Over the last 3 years, we saw a massive runup in sales volume, average price, and the Read More
North Lake Tahoe, CA Real Estate Sales are Having a Hard Time Keeping Up with the Record-Setting Pace of 2018 North Lake Tahoe, CA and Truckee have seen a decrease in the number of home sales in 2019 with just about every metric that I track showing red. At first glance, this appears to be a signal that things are not going well, but when we dive into the data it becomes Read More
After a Slow Start, The Tahoe Real Estate Markets Show Promise Finally, after a slow start due to a record-setting winter, the Tahoe Real Estate markets are thawing out and we saw major movement between May and June to finish out Q2. The Tahoe markets started out like a turtle in 2019, with slow sales but at a nice steady pace. Typically, we see the spring selling Read More
