Tracking South Lake Tahoe, CA Home Values - 04/21/12 12:46 PM
Median Sold Prices continue to decline in South Lake Tahoe, CA… and that's great news for home buyers. (Lake Tahoe Real Estate Blog / April 19, 2012 / Richard Bolen)
We've been tracking median sold prices on this blog since we started this blog in February, 2007. Much more so than looking at average home prices, which can be more skewed by sales at either end of the price range spectrum, median sold prices are the best general indicator of home values available.
Remember, in math the median is the middle number in a list of numbers. That is true when … (0 comments)

South Lake Tahoe, CA 2012 first quarter real estate report - 04/21/12 12:45 PM
Demand Up, Prices Down, Distressed Property Sales and Sales under $300,000 Increasing.
(Lake Tahoe Real Estate Blog / April 18, 2012 / Richard Bolen)
This is the bottom line for the first quarter 2012 for the South Lake Tahoe, CA housing market: housing demand is up by 9 home sales over this same time period last year; home values are down by 9.5% from what they were at the beginning of the year; the percentage of distressed properties sold has increased by 28% over what they were in Q1 of last year, and the percentage of properties sold under $300,000 … (0 comments)

A Detailed Look at South Lake Tahoe, CA Homes for Sale Demand - 04/19/12 12:00 PM

Appetite continues increasing for South Lake Tahoe, CA homes for sale. (Lake Tahoe Real Estate Blog / April 17, 2012 / Richard Bolen)
Lets take time to review South Lake Tahoe, CA housing demand for the last decade. Here we'll look more closely at the number of annual sales, but one of the charts below will also give you a month-to-month look at sales volume as well.
What this study tells us is South Lake Tahoe, CA housing demand is higher now than at any time in the last 6 years, and the first quarter of this year is on … (0 comments)

South Lake Tahoe, CA neighborhoods: The Tahoe Keys luxury real estate listings, home sales and values - 04/18/12 12:39 PM
South Lake Tahoe luxury home neighborhoods: The Tahoe Keys home values $41,500 lower in the last 365-days. (Lake Tahoe Real Estate Blog / April 16, 2012 / Richard Bolen)
Lets track South Lake Tahoe, CA neighborhood home values by year since 2003. As the chart below indicates, here are the median sold prices for The Tahoe Keys neighborhood for the last decade.
 The Tahoe Keys Housing Values : Median home values in the Tahoe Keys declined by $84,000 from 2010 to 2011. In the last 365-days, the median sold value has declined by $41,500, or almost half of the total decline … (0 comments)

US Housing in Recovery? - 04/18/12 12:34 PM
Various Positive Factors, plus an unseasonably warm first quarter encourages US Home Buyers (Lake Tahoe Real Estate Blog / April 15, 2012 / Richard Bolen)
We found today's Associated Press article interesting, and we certainly like any news that points to a long awaited housing recovery.
The article says reduced prices, historic low mortgage interest rates and an improving jobs market are inspiring many home buyers. It cites that open houses are being heavily attended, and a new wave of foreclosures will lead investors to housing opportunities.
Here's a few more points in the article (full version here):
Many feel that … (0 comments)

A South Lake Tahoe, CA Neighborhood Home Value Study - 04/01/12 03:40 PM
Home Sales, Values and Distressed Frequencies by South Lake Tahoe, CA Neighborhood
(Lake Tahoe Real Estate Blog / March 30, 2012 / Richard Bolen)
As we approach the end of the first quarter of 2012, we thought it would be helpful to review the South Lake Tahoe, CA real estate market from the point of view of its various neighborhoods.
For this study lets look at the top three South Lake Tahoe, CA neighborhoods in the following categories, and below that is the source materials for the information herein.
  Highest Median Sold Price : The top three South Lake … (0 comments)