We continue to see a rising inventory in the high end real estate market in lake tahoe ($1000000 and over). This building inventory can have a negative effect on prices when attempting to sell in such a market. As supply and demand ratios move in a negative direction- Continue Reading
Foreclosures in Lake Tahoe and Truckee may increase in 2011
Lake Tahoe Real Estate may see the results of a depressed real estate market in the near future, and continue to depreciate well into the 2011 About 10.8 million households, or 22.5 percent of all homes with a mortgage, were under water in the July-September quarter, Continue Reading
North Lake Tahoe Quarterly Sales Statistics 2008-2010
We see the historic trend of highest sales volume for North Lake Tahoe real estate in the third quarter continuing over the past 3 years. We see that prices have decreased since 2008 in North Lake Tahoe on average, however, sales volume is increasing. Continue Reading
West Lake Tahoe Quarterly Sales Statistics 2008-2010
Home prices in West Lake Tahoe have decreased in value on average over the past 3 years. Sales volume remains relatively stable with a small increase noted for homes, condos and lots. Continue Reading
Truckee Quarterly Sales Statistics 2008-2010
Sales volume for Truckee Homes, Condos and Lots appears to be increasing for 2008-2010. With declining values come increasing sales, but does this mean the bottom of the market is near? For some areas in Truckee, such as Northstar, it would seem declining values are just Continue Reading
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