Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for your dream Continue Reading
2022 Mid Year Market Statistics for Lake Tahoe and Truckee
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
Insider’s Guide to Lakefront Properties in Lake Tahoe and Truckee
The coveted opportunity to own a property with direct Lakefront access spans the shores of Lake Tahoe, Donner Lake, Serene Lakes, to South Lake Tahoe, Cascade and Fallen Leaf Lake and the Nevada side of Lake Tahoe. Along the way you’ll discover distinct unique communities, each with its own history and flavor. Depending on your wish list, ownership opportunities range from charming “Old Continue Reading
Is the Housing Market Correcting?
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
Are We Headed Toward A Housing Crash?
This is a question I have been asked occasionally in the last few months, more often recently. It is a question worth considering. Many experts, with a much wider view of the national real estate market than I have, seem to think we are not headed for a crash. In a very interesting, April 4, article on Forbes Advisor they give an optimistic 5 year projection. They start Continue Reading
Short Term Rental Ordinance
On January 25, 2022, the Placer County Board of Supervisors introduced an ordinance to repeal and replace the existing short-term rental ordinance, Chapter 9, Article 9.42 of the Placer County Code. The ordinance was adopted on February 8, 2022. The ordinance is intended to preserve residential neighborhood character and address community concerns regarding nuisances caused by STR Continue Reading
Why Shared-Fractional Ownerships are good for Your Neighborhood and Community
With all of the shifts we have seen in the last several years in the housing market it is hard to keep up with the trends, let alone make predictions where the market will be in another 5 years. One trend however that has gained momentum and will not be going away anytime soon is Shared or Fractional Ownership properties. With housing prices rising rapidly and a lack of inventory, Shared Continue Reading
5 Great Tips for Making Your Best Offer on a Home
As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Know Your Budget Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a Continue Reading
2021 Year-End Real Estate Market Statistics for North Lake Tahoe and Truckee
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
Expert Insights on the 2022 Housing Market
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
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