home sales: South Lake Tahoe, CA Housing Demand by Neighborhood since 2008 - 01/23/11 12:51 PM

The Top Five Home Selling South Lake Tahoe Neighborhoods (Lake Tahoe Real Estate Blog / January 21, 2011 / Richard Bolen)
We thought it would be helpful to track South Lake Tahoe, CA housing demand by neighborhood, and to best do that we figured a 3-year time frame would be insightful.
All major South Lake Tahoe, CA neighborhoods are here, though there are only a few sales not included. These are in seldom sold odd areas and subdivisions which had in total about 9 sales last year.
The chart below is the source of this information:
The five neighborhoods with … (0 comments)

home sales: WSJ: Top 10 Reasons to Buy a House Right Now! - 09/17/10 07:34 PM
If it’s good enough for the Wall Street Journal… it may be good enough for South Lake Tahoe (Lake Tahoe Real Estate Blog / September 15, 2010 / Richard Bolen)
The Wall Street Journal article doesn’t single out South Lake Tahoe in its article today, but lets all stop for a moment and consider why this renowned fiscally conservative journal might take a position like this… and why owning a Lake Tahoe vacation paradise home now just might be a good thing.
We even like the article’s subhead: Enough with the doom and gloom about homeownership.
We’ve got some readers who … (0 comments)

home sales: 1125 Craig: A South Lake Tahoe, CA listing… in a private park setting. - 09/17/10 07:31 PM
The House, the Yard, and Everything about 1125 Craig in South Lake Tahoe, CA  is Exquisite. (Lake Tahoe Real Estate Blog / Sept 13, 2010 / Richard Bolen)
We’re really happy to represent this one. Like other listings we’ve done blog posts about, this one is special. Very special.
The MLS : Here’s what we say about 1125 Craig on the multiple listing service: Stunning Custom Home… in an even more stunning private-park-like setting. Everything possible has been thought of in this mastercrafted masterpiece. Majestic great room vaulted beam ceiling, a Viking Range to die for, granite, stone fireplace, central-floor … (0 comments)

home sales: An Email back to a Cautious South Lake Tahoe Buyer - 09/09/10 10:14 AM
There is no other way to put it: South Lake Tahoe is different than the national hue and cry. (Lake Tahoe Real Estate Blog / Sept 7, 2010 / Richard Bolen)
Our blog has between 1,000 and 1,500 readers a week these days, and some of them have been with us for some time. We’re grateful to all.
Some of our readers write us from time to time about the market, and many provide us with links to national real estate news. Lets say there are some where there is healthy debate, and there are some who lead us to things … (1 comments)

home sales: South Lake Tahoe, CA Homes in Escrow - 09/06/10 03:17 PM
109 Homes in Escrow in South Lake Tahoe, CA… 45.9% are Distressed Sales! (Lake Tahoe Real Estate Blog / September 4, 2010 / Richard Bolen)
We have just updated the South Lake Tahoe Real Estate Market Escrow Report. There are 109 homes in escrow right now. This same number was 101 in June,  102 in May, 109 in March, and 93 last December.
Escrow is 26.2% of the current  416 active homes listed on the market in South Lake Tahoe, CA.
Throughout 2010 the percentage of homes in escrow has ranged from what it is now to 36.5%. Throughout 2009 the … (0 comments)

home sales: South Lake Tahoe Real Estate News: Tahoe Keys Luxury Homes - 08/28/10 01:30 PM
Tahoe Keys Luxury Home Neighborhood, South Lake Tahoe, CA: Current Real Estate Activity.
(Lake Tahoe Real Estate Blog / August 26, 2010 / Richard Bolen)
We’ve just updated all Tahoe Keys neighborhood real estate activity in South Lake Tahoe, including all 2010 luxury home sales, current escrow and all active listings. Please note “Tahoe Keys  (CA)” found in our left sidebar.
2010 Tahoe Keys single family home luxury sales, here.
2009 Tahoe Keys single family home luxury sales, here.
Current Tahoe Keys, South Lake Tahoe single family luxury homes in escrow, here.
Current Tahoe Keys, South Lake Tahoe single family … (0 comments)

home sales: South Lake Tahoe Real Estate News: We’re Only Talking about 7 Home Sales! - 08/27/10 01:57 PM
Amid all the national news hoopla, 2010 South Lake Tahoe, CA Home Sales are up 48.3% (Lake Tahoe Real Estate Blog / August 25, 2010 / Richard Bolen)
As soon as we heard yesterday’s news about the US decline in July existing home sales, we knew what was coming. That’s why we immediately crunched numbers, looked at the data, and compared the national report to what’s what here in South Lake Tahoe right now (here).
Regardless of the differences in a national report and current South Lake Tahoe reality, we knew a media barrage was coming, and that it would impact … (0 comments)

home sales: South Lake Tahoe, CA: How We Begin a Short Sale - 08/22/10 02:17 PM

Every successful South Lake Tahoe Short Sale starts with an effective Short Sale Package (Lake Tahoe Real Estate Blog / August 20, 2010 / Richard Bolen)
We are representing a buyer on a South Lake Tahoe, CA short sale, we thought it would be of interest to show how that process starts.
In our offer, we made it a contract stipulation that Short Sale Advantage, a 3rd party short sale specialist, be used to negotiate the transaction with the lender. We have used them before with complete success. Negotiating short sales is all they do.
Because we are experienced with … (1 comments)

home sales: South Lake Tahoe, CA: A Closer Look at Black Bart - 08/20/10 02:12 PM
Black Bart: a small South Lake Tahoe Neighborhood with a forest paradise all around. (Lake Tahoe Real Estate Blog / August 18, 2010 /  Richard Bolen)
We’re doing a lot of work in each South Lake Tahoe neighborhood right now. This is one of the various outcomes that will spring from these efforts.
Much of this work involves additions to our image libraries. We’re doing one neighborhood at a time, and this new addition to the online resources we provide is meant to work in concert with the extensive neighborhood updates we have been doing for the last three years.
About … (0 comments)

home sales: The Effect of Foreclosures on South Lake Tahoe, CA Real Estate Value - 08/14/10 01:30 PM
There is a difference in South Lake Tahoe home values. (Lake Tahoe Real Estate Blog / August 12, 2010 /  Richard Bolen)
A distressed property is either a bank owned (REO) home, or one that is a short sale.
There is a significant difference between a distressed property in South Lake Tahoe, CA and one that is not.
Lets look at the effect of distressed properties on all South Lake Tahoe, CA 2010 single family home sales to date.
The Bottom Line : South Lake Tahoe, CA 2010 Home Sales to date (Tahoe Keys included).
Difference between all distressed sales and … (1 comments)

home sales: South Lake Tahoe Real Estate News: North Upper Truckee - 08/02/10 03:44 PM
North Upper Truckee, South Lake Tahoe, CA: Current Real Estate Listings Activity. (Lake Tahoe Real Estate Blog / July 31, 2010 / Richard Bolen)
We’ve just updated all North Upper Truckee neighborhood real estate activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “North Upper Truckee (CA)” found in our left sidebar.
2010 North Upper Truckee single family home sales, here.
Current  North Upper Truckee, South Lake Tahoe single family homes in escrow, here.
Current  North Upper Truckee, South Lake Tahoe single family homes listed, here.
Also note that we have added information … (1 comments)

home sales: South Lake Tahoe, CA Real Estate News: Montgomery Estates - 08/02/10 02:57 PM
Montgomery Estates Luxury Homes, South Lake Tahoe, CA: Current Real Estate Activity. (Lake Tahoe Real Estate Blog / July 31, 2010 / Richard Bolen)
We’ve just updated all Montgomery Estates neighborhood real estate activity in South Lake Tahoe, including all 2010 sales to date, current escrow and all active listings. Please note “Montgomery Estates  (CA)” found in our left sidebar.
2010 Montgomery Estates single family home luxury sales, here.
Current Montgomery Estates, South Lake Tahoe single family luxury homes in escrow, here.
Current Montgomery Estates, South Lake Tahoe single family luxury homes listed, here.
Montgomery Estates Sales Rec
There are  35 … (0 comments)

home sales: Existing U.S. Home Sales Down… but What About South Lake Tahoe? - 07/26/10 01:26 PM
 
South Lake Tahoe, CA often has different real estate trends… (Lake Tahoe Real Estate Blog / July 24, 2010 / Richard Bolen)
We found this Associated Press report of interest. It indicates the U.S. housing market is likely to take more time to recover. As we frequently discuss and examine, national real estate trends are often different than those of South Lake Tahoe.
Lets look at some key points in the AP article, then we’ll compare that to South Lake Tahoe  and see the differences, if any.
Sales of previously occupied homes fell in June by 5.1% (though the article … (0 comments)

home sales: Bunny Arrested for beating Home Buyers Senseless - 07/22/10 02:56 PM

The Sgt. Should Never Have Mentioned Real Estate (Lake Tahoe Real Estate Blog / July 20, 2010 / Richard Bolen)
“So why did you do it,” Sgt. Fleagle bellowed from the police desk at the pink rabbit that stood before him defiantly. “Do what?”, retorted the rabbit incredulously.
“Commit assault and battery on those Buyers,” Fleagle growled past his grimaced teeth. “It was assault with a battery,” said the rabbit insolently.
“Listen here, you sunburned speed freak cottontail, this isn’t the first time you’ve been in here for beating buyers over the head!”, the police sergeant demanded, “we’re going to … (0 comments)

home sales: South Lake Tahoe, NV Real Estate News: Upper Kingsbury - 07/14/10 02:30 PM

Current Real Estate Activity: Upper Kingsbury neighborhood, Stateline, NV area of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / July 12, 2010 / Richard Bolen)
We've just updated all  Upper Kingsbury  (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note "Upper Kingsbury  (NV)" found in our left sidebar.
2010 Upper Kingsbury single family home sales, here.
Current  Upper Kingsbury, South Lake Tahoe single family homes in escrow, here.
Current  Upper Kingsbury, South Lake Tahoe single family homes listed, here.
Also note that … (1 comments)

home sales: The Price Range of South Lake Tahoe, CA Foreclosures - 07/06/10 06:49 PM
52.5% of all South Lake Tahoe, CA Distressed Property Sales are under $300,000.
(Lake Tahoe Real Estate Blog / July 5, 2010 / Richard Bolen)As we frequently discuss distressed properties is a term that includes both bank owned homes (REOs) or short sales. At present 51.5% of all 2010 South Lake Tahoe, CA 2010 single family home sales are distressed properties.
With half of South Lake Tahoe 2010 real estate activity behind us, certain trends appear to have formed. It seems likely that we will see an increase in distressed property sales this year over last year. We are also seeing … (0 comments)

home sales: South Lake Tahoe Real Estate News: U.S. v Area Foreclosures - 07/03/10 05:14 PM

Foreclosures are a third of all 2010 Q1 US sales... at 27% less! So what about South Lake Tahoe?
(Lake Tahoe Real Estate Blog / June 30, 2010 / Richard Bolen) The spark for this study comes to us from a  RealtyTrac piece via CNNMoney.com, and the basis of it is 2010 first-quarter U.S. home sales.
So, you know what's coming, first we'll list some key bullet points from the article, then we'll compare that to South Lake Tahoe. This will give us a true look at the incidence and effect of South Lake Tahoe foreclosures in the first quarter … (1 comments)

home sales: May U.S. Existing Home Sales Fall... what about South Lake Tahoe Housing Demand? - 07/02/10 03:42 PM


National Housing Demand is often Different than that of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / June 23, 2010 / Richard Bolen)
The New York Times article says U.S. sales of existing homes fell in May by 1.6% (here). This comes from the National Association of Realtors, which cites mortgage delay as one of the key reasons for the decline. Said decline compares April 2010 sales to those of May.
Contained in the report, though, the NAR states that May demand represents a 19% increase from the same month last year.
Also in the report, Lawrence Yun, … (0 comments)

home sales: South Lake Tahoe Real Estate News: 2010 Stateline, NV Home Sales to date - 07/02/10 03:37 PM

34 Homes Sold in 2010 to date in Stateline, NV area of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / June 22, 2010 / Richard Bolen)
We have just updated current 2010 home sales in the Stateline, NV area of South Lake Tahoe. 
To get as true indication of market conditions as possible, we also always report all single family home sales in Stateline, NV  for the last 365, 180, 90 and 30 days as well. (here)
 Continue reading "South Lake Tahoe Real Estate News: 2010 Stateline, NV Home Sales to date" on our main blog. Recent Stateline, NV … (0 comments)

home sales: South Lake Tahoe Real Estate News: Stateline, NV Escrow Report - 07/02/10 03:32 PM
Homes in Escrow in the Stateline, NV area of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / June 21, 2010 / Richard Bolen)
At present there are 17  homes in escrow.  That same number was 20 a month ago (see chart below).
Of these homes in escrow, 41.2% are distressed sales (REOs or short sales). That same number was 45% a month ago, and 53.3%% two months ago.
All Current Escrow - Stateline, NV, plus statistics, here
Escrow Summary:
Here's what the latest escrow information tells us about current market conditions in Stateline, NV:
The Median Price for the homes … (0 comments)