Normalcy Returns to the Tahoe Real Estate Market The North Lake Tahoe and Truckee real estate market has undoubtedly shifted due to high mortgage interest rates, economic uncertainty, and limited housing inventory. These challenges have drastically reduced the number of active participants in the market, yet we continue to see buyers making moves, resulting in solid Read More
Tahoe Buyers & Sellers Hibernate While it Snowed 14 Feet in January The N. Lake Tahoe, CA real estate market showed significant cooling after a busy holiday season with the region receiving over 14 feet of snow in January. A lack of housing inventory coupled with buyers sitting on the sidelines due to high interest rates and fears of a recession led to one of the Read More
Despite Challenging Market Conditions, The Median Home Price in Lake Tahoe Was Up 5% In 2022 The North Lake Tahoe, CA real estate market started 2022 as an aggressive continuation of 2021 with above-average demand and limited housing inventory, resulting in a frothy real estate market with short marketing times and most homes selling with multiple offers and above asking Read More
Tahoe Real Estate Posts Lowest Number of Sales Since 2008 With mortgage interest rates hovering around 7%, an aggressive Fed battling inflation, and a barrage of negative news flooding our screens, it's no wonder the North Lake Tahoe, CA real estate market has seen a significant volume slowdown since 2021. In the last 16 years, we have only had 1 other year where only 68 Read More
Lake Tahoe Real Estate Market Returns to Stabilized Conditions The Lake Tahoe, CA real estate market has been softening over the last 3 months, and we have decidedly seen a shift from a strong seller's market to stabilized market conditions with supply and demand in balance. Inventory has risen during the summer of 2022, but we are still at historically low Read More
Steadfast Buyer Demand and an Inventory Constrained Market Helped Push Sales Volume to $2.12B and Set Numerous Records The tenacity of the 2021 N. Lake Tahoe, CA real estate market was historic and will not easily fade from memory. Although the volume of single-family home sales retreated 25%, the intense level of buyer demand pushed the median home price up 38% to a new Read More
