Foreclosure List for South Lake Tahoe, CA - July 28, 2008 - 07/29/08 02:57 AM
I know a lot of you searching the internet are curious about South Lake Tahoe foreclosures. I’ve decided to make things easy for you, and I’m just going to publish a foreclosure list every couple weeks. The latest list can be accessed at the foreclosure section of my blog.
Right now there are 8 foreclosures in South Lake Tahoe - 7 homes and one multi-plex. There are no condos in foreclosure.
The two latest foreclosures, 873 Stanford & 1612 Choctaw, are pretty good deals. 873 Stanford is especially well priced. For further information on these properties, call me at (530) 545-1831 … (0 comments)

The Right Time to Buy May Be Now - 07/27/08 02:00 AM
Seventy homes are in escrow here in South Lake Tahoe. It hasn’t been since September 2005 that we’ve seen that many homes pending. Over the last few years, a lot of people have been waiting for the right time to buy. It seems that many think that time is now. I’m really beginning to agree with them. Here are a few good reasons why it may be time to buy:
1. Interest Rates Will Go Up
Interest rates are low these days. They have no where to go but up and with inflation skyrocketing, the Federal Open Market Committee has a … (1 comments)

Angora Fire Real Estate Video Blog - 07/17/08 12:43 AM
This is a quick video I put together on real estate opportunities in the area of South Lake Tahoe that was struck by the Angora Fire. A lot of the new construction homes there are featured. I discuss real estate opportunities in the area and the advantages of buying a burn area lot.

Watch in high quality

South Lake Tahoe Real Estate
The South Tahoe Realty Blog … (0 comments)

June 2008 Statistics for South Lake Tahoe Real Estate - 07/11/08 01:45 PM
As predicted, the median sale price for single-family residences in South Lake Tahoe dropped dramatically in June, down to $365,000. The market is certainly suffering. However, I’m becoming skeptical of the statistical barometers we continue to rely upon. Perhaps the steep decline in median sale price doesn’t quite reflect what’s happened to home values here in South Lake Tahoe. Perhaps the decline in median sale price is due in large part to increased activity in the lower price bands. Given how tight the lending market has been with jumbo loans, this is a valid hypothesis. I’ll dig through some data in … (0 comments)

Months Supply of Inventory (MSI) and Absorption Rates in Real Estate - 07/09/08 11:35 PM
I love real estate statistics. I got a math degree from the University of Texas, so I could make a career of real estate stats. In this blog, I’ll keep things relatively simple.
In efforts to improve the statistics I present you, I am beginning to mine for and calculate absorption rates and months supplies of inventory for you. These stats are important because they reflect how a market is doing. They also help savvy buyers and sellers establish and meet their goals.
Absorption rate – the rate at which real estate is sold, or absorbed, in a specific area
I calculate … (2 comments)

TRPA Part 1: An Introduction to the Tahoe Regional Planning Agency - 07/03/08 03:22 AM
Imagine the Lake Tahoe basin with 800,000 homes in it. A freeway, connecting different mountain peaks, overlooks the basin where the Tahoe Rim Trail currently lies. Lake Tahoe is another San Francisco. This is what many area planners hoped for in the 1960's, shortly after the Olympic Games at Squaw Valley. Fortunately the government stepped in, and the U.S. Congress ratified an agreement in 1969 creating the Tahoe Regional Planning Agency (TRPA).
These days the TRPA is most often a target of criticism. The agency has had a tremendous affect on property owners and seekers in the Tahoe basin. Best Management … (0 comments)