The 1 st quarter of 2023 in the Lake Tahoe and Truckee Real Estate Market has been very slow for Residential real estate. This was not expected. The change in Dollar Volume and Units Sold has dropped significantly in Lake Tahoe and Truckee in both single family homes and condos compared to the 1 st quarter of 2022. Another surprising change is that Median Price has also dropped in Incline, Continue Reading

  The first half of 2022 has seen a small slowdown in the number of units sold and a steady increase in median price in both condos and single family homes across Lake Tahoe and Truckee.  In my opinion we have returned to a normal market, ahead of, but similar to 2019 which was a good year.  The craziness and urgency that was in our market in 2020 and 2021, due to COVID, has also Continue Reading

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs to remember is that the past two years were Continue Reading

2021 was another amazing year!  While our market did slow down, somewhat, 2021 was still a very strong sales year with property values continuing to increase. In all our geographic areas the dollar volume of residential units sold decreased 25% or more (except in Tahoe Donner at less than 25%). In all the four areas around Lake Tahoe as well as in Truckee and Tahoe Donner the number of Continue Reading

As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in 2022. Odeta Kushi, Deputy Chief Economist, First American: “Consensus forecasts Continue Reading