The Olympic Valley Municipal Advisory Council (OVMAC) voted August 17, 2024 against the Village at Palisades Tahoe Specific Plan project. After nearly 7 hours of community comment and deliberations, the unanimous decision was made; NO. The message to the county and the applicant is that the community is overwhelmingly against this development. “ We encourage the applicant Continue Reading
National Association of Relators Settlement and What it Means For You
Background The National Association of Realtors (NAR) agreed in March to pay $418 million and make changes to how the home-buying process works in order to settle a class-action lawsuit that alleged the industry conspired to make agent commissions higher than they needed to be. How the process used to work was that the listing agent and a seller would agree on a commission to be Continue Reading
Best Condos Properties to Own and Rent out in Summer in the North Lake Tahoe and Truckee Area
There are many great condominium options for vacation homes in the North Lake Tahoe and Truckee area. While nearly any property in the area can be rented out when not in use, there are several condominium properties that offer a way to offset the cost of the condo with guaranteed occupancy and on-site rental programs. The Village at Palisades Tahoe The Village at Palisades Continue Reading
First Quarter 2024 Statistics for the Greater Lake Tahoe Real Estate Market
Lake Tahoe Real Estate is Off to a Great Start in 2024 The first quarter of 2024 is off to a great start, with more action than the first quarter of 2023. The number of sold single family homes in the greater Lake Tahoe area was up 48% from the first quarter of last year, with the number of condos sold up 30% from last year. That is a good sign that the market is strong in our area and Continue Reading
Homewood Mountain Resort Development Updates
The Development Plan Discovery Land Company, the owners of Homewood Mountain Resort have recently announced a change in their development plan from what had been originally approved. The new plan changes the architectural style of the homes and condominiums to be built, from a classic Old Tahoe Lodge style to a Mountain Modern style. The ski area has two base areas; North and Continue Reading
Five Reasons to Consider Buying a Home on the Nevada Side of Lake Tahoe
The Nevada side of Lake Tahoe is a stunning year-round destination that offers residents and visitors an array of activities and natural beauty. With world-class ski resorts, entertainment and night life, award winning restaurants, and breathtaking views. See why we think the Nevada side of Lake Tahoe is a perfect place to call home or invest in a vacation property. 1. Tax Continue Reading
Why Investing in a Lake Tahoe Vacation Home Can Be A Good Idea
Nestled in the Sierra Nevada mountains and straddling the border between California and Nevada, Greater Lake Tahoe is a stunning natural playground that offers an array of year-round activities, making it a perfect destination for vacationing. Whether you are looking for skiing and snowboarding in the winter or boating, golf, biking and hiking in the summer, Lake Tahoe has something for everyone. Continue Reading
Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn't as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal. The graph below uses data from Realtor.com to tell the story of median days on the market for every January from 2017 Continue Reading
2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not going back to the 3% we saw Continue Reading
The Best Ski-In-Ski-Out Properties to Rent or Buy in the North Lake Tahoe and Truckee Area
Anyone who enjoys skiing loves the idea of a vacation rental or a home where you can step out your door, click on your skis or snowboard and go. This highly coveted type of property is rare, but you are in luck! There are a few North Lake Tahoe and Truckee locations with ski-in-ski-out properties and they are outlined for you here! Ski-in-ski-out Definitions A truly ski-in-ski-out Continue Reading
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