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Were getting very close to the holidays so I wanted to post a few things that everyone can do to be a little more eco-conscious this year.
1- Replace all your old christmas lights with the new LED lights. They come in a varity of colors and and use half the energy of normal lights
2- Make homemade garland- this si a great activity that everyone in the family can do- just string popcorn or cherrios on a string and wrap around the tree!
3- Make homemade gift tags by using old wrapping paper and other paper scraps
4- Buy a living christmas tree. Not only will you have a beautiful tree for the holidays, it will continue to be a decoration in your front or back yard.
5- Instead of going out and buying all your christmas presents this year, think of some homemade ones you could do instead- hand knitted scarves, recycled reading books, home made ornaments. These will bring a smile to everyone's faces.
6- If you want to buy someone something but know they already have everything, check out Heifer International. You can make a donation that represents a heifer and training in its care, made in honor of your special someone, that brings health and hope to people in need. Its also a + on your carbon footprint.
If you have any other ideas, please put them in action and the world will be a happier place this year, literally :0)
Happy Holidays!!!!!!!!!!!!!!!
Single Family Residences per STAOR
Count Total Price Average Price
Active 287 135,539,722 472,264
Active Pending 52 16,841,290 323,871
Sold Before Distrib. 68 34,511,000 507,515
Act Pnd Short Sale 26 10,220,788 393,107
Pending - DoNot Show 4 999,800 249,950
Sold 3150 1,215,233,952 385,789
Total:
3587 1,413,346,552
If you have any questions or would like more information please call or email me
Everyone needs to check this out. The Bolen's have done some great research in comparing todays market with the makets of the past in South Lake Tahoe- this will give everyone a clearer picture of the market were in today and the deals that people are getting.
Via Gary Bolen (CRS) Lake Tahoe Real Estate Information (Coldwell Banker Select - South Lake Tahoe):
 Does one get More for their Money Now than Before, and if so, How Much?
This is a study to determine if one can get more home for their money in South Lake Tahoe today than before. If so, the next important question is how much more, and is it quantifiable?
To best do this we’ll focus on the two most objective factors available to look at the value of a home, which is its size and price per square foot. Lets also look at other more subjective factors such as condition, age and the availability of a newer home.
 Since we’ll be looking at market-wide data, “location” will be part of the mix, but lets not highlight that specifically here.
(We will prepare a custom, extensive look at the market, that very much includes location, for you anytime. This is our “value workup", which is used to best advise a listing price for Sellers, or to best assure that a buyer dos not pay too much. example here)
A Bridge over Disconnected Waters?
As many of you may know, we continually update South Lake Tahoe market conditions via reports that track the median sold price, and any changes thereunto (here).
What sparked this new study are a few recent comments coming from these median sold price reports (here). What these sentiments reveal to us is there is a disconnect with some potential buyers between what the market is, and what they expect it to be.
To goal of this study then is to see if we can bridge that gap between buyers expectations, much of which is fueled by national real estate news, and current market reality, which is determined by tracking the median sold price.
What We Know So Far:
At present we have seen a 15% decline in the median sold price in South Lake Tahoe since our market highs in 2005/2006 (here).
We also know that a third of this decline is due to foreclosed home sales in 2008 alone (here).
 The New Study:
Normally we look at price segments in $50,000 increments. This is how we look at and break down South Lake Tahoe housing demand, or absorption rates, over time (here).
For this study, we think looking at market segments in $100,000 increments will be sufficient to determine how much more house one can get for their money these days.
The $300,000 South Lake Tahoe House Then and Now:
Please look at the chart below, which details the average characteristics of a home purchased from $300,000 to $399,000 since 2003.
Also note the last column in the chart, with its numbers in red . These are the same, comparative characteristics for houses currently listed. It is from this chart that the following is revealed:
- On average, the $300,000 South Lake Tahoe house available right now is listed 10% lower than it was in 2006.
- On average it takes 91% longer to sell a $300,000 South Lake Tahoe house than it did in 2005.
- On average the square foot value of a the $300,000 South Lake Tahoe house that is available today is 19.3% lower than it was in 2005.
- The $300,000 South Lake Tahoe house that is available today is 27% larger than it was in 2005.
- On average the age of the $300,000 South Lake Tahoe house is about the same today as it has been since 2004. It is some 6 years newer than the average age of a house sold in 2006 and 2007.
What it Means:The Bottom Line
Our assumptions are correct: the $300,000 house in South Lake Tahoe, CA is more than 25% larger, and priced nearly 20% lower in square foot value than homes sold at our market high.
Coupled with the15% decline in the South Lake Tahoe median sold price, this represents at least another 20% decline in value as found in the average home listed in the $300.000 price range today.
We use the term “at least” above because the homes currently listed in South Lake Tahoe in any price range, including this one, will be sold at a further reduction in both current listed price and, correspondingly, price per square foot.
It appears that much, if not most, of the additional declines in home values as predicted in recent national real estate news reports are already factored into the home values of current South Lake Tahoe listings. (Rather than being found exclusively in the median sold price, it’s hiding in plain sight!)
Hello Everyone,
Sorry i missed Mays green tip- i was on vacation. Our tip this month is brought to us by Harvard University:
There's a simple path to greener laundry: pick the cold water wash! Around 90% of the energy used by washing machines goes to simply heating the water.*
*ENERGY STAR® clothes washer fact sheet
Setting the Record Straight
Many people assume that they're getting extra cleaning power by washing in hot water, but in most cases washing clothes in cold water is just as effective as washing clothes in hot water.
Hot water is sometimes beneficial when you're trying to remove oily stains or sanitize heavily soiled items, but otherwise wears out clothes quickly, causing them to fade, stretch, and wrinkle.
Tips for Even Greener Laundry
Always wait to wash until you have a full load; combine partial loads with those of fellow residents.
- Choose detergents and other laundry products that are ecologically friendly. Check labels for products that are biodegradeable, plant-derived, free of phosphates, and concentrated (so you'll use less each load).
- Spin clothes at high speeds-- this will reduce the time needed to dry your clothes in an electric dryer.
- Use a drying rack or clothesline rather than an electric dryer whenever possible.
- If purchasing a clothes washer, choose one certified by ENERGY STAR®; you may cut energy use by a third and water use by half. You may also be eligible for a rebate.
Resources
Hello Everyone,
Here are our April stats for the City and County areas of South Lake Tahoe:
REO's
14 active
11 active pending
5 sold
Short Sale's
41 active
10 active pending
2 sold
If you have any more questions or comments please email me at shannon@realtordeb.com. Make sure to check my daily updates by subscribing to my daily blog www.calnevarealestate.com
Alright everyone, here it is 1189 margaret ave has reduced to $250,000.00 and there is a $3000.00 bonus to the selling agent. You cant beat this price! Check out the listing on my website www.calnevarealestate.com, MLS #113002
Browse > Home / Blog
Green tip for the month of April
April 26, 2009
Heres the Green Tip for April 2009:
Replace your old water heater with a new tankless or on-demand water heater.
Water heating in the house accounts for 13% of the homes energy cost. By replacing the old 50 gallon water heater with a tankless one will cut water heating expenses by 30% and, if installed in 2009, will get you an additional federal tax credit.
Prices on these range from $200.00 to $1200.00 depending on your demand of use. Some of the higher preformance products are made by Bosch, Navien America and Noritz. Check any of them on there websites and start saving money now.
Hello Everyone,
We just had our Friday meeting and heres the lastest stats from the South Tahoe Association on Realtors:
Active Single Family Residences- 409
Active Median price $515,000.00
Days on Market- 151
Average square foot- 1900
Pening Singel Family Residences- 49
Pending Median price $410,000.00
Days on Market 130
Average square foot- 1600
Closed Escrows to date- 340
Closed Median price- $405,000.00
Were approximately 8% down from last year at this date, but we charging ahead- taking these 6 foot waves straight on in our dingy boats!!!!
Stop by the office if you have any more questions :)
Shannon Witt
CA/NV Realtor, ABR
shannon@realtordeb.com
866-542-2912 ext 223
Hello Everyone,
We just had our Friday meeting and heres the lastest stats from the South Tahoe Association on Realtors:
Active Single Family Residences- 409
Active Median price $515,000.00
Days on Market- 151
Average square foot- 1900
Pening Singel Family Residences- 49
Pending Median price $410,000.00
Days on Market 130
Average square foot- 1600
Closed Escrows to date- 340
Closed Median price- $405,000.00
Were approximately 8% down from last year at this date, but we charging ahead- taking these 6 foot waves straight on in our dingy boats!!!!
Stop by the office if you have any more questions :)
Shannon Witt
CA/NV Realtor, ABR
shannon@realtordeb.com
866-542-2912 ext 223
Hey everyone, I don't know if you saw but my listing on 1189 Margaret has been reduced to $280,000.00. If you look at it on the MLS its #113002. Even thought its currrently electric blue on the outside, its been updated on the inside. There is a wonderful wood siding underneath that would be beautiful if brought back out. inside includes new paint, carpet, window coverings, cleaned fireplace and wall heater. This is a 2/1 with a 2 car carport that could be converted into a garage. She will sell all furnishings along with the property.
I sold it last year to the most amazing 80+ year old lady who was so excited to finally buy a home by herself since she'd been renting due to her husband passing. This was a huge step for her and she took it with great confidence that she was investing in her future. Unfortunately her brother got extremely sick and she needs to move down to the bay area to care for him. Shes trying to be optimistic about selling but is getting her hopes lowered due to the economic state. She chose house color from memory, thinking it was the same blue as the house she previously owned with her husband but realized it was the wrong blue after it was too late.
Please make and appointment to see today- this truly is a lovely Tahoe cabin.
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Shannon Witt
South Lake Tahoe,
CA
More about me…
Deb Howard and Co
Office Phone: (530) 542-2912 x 223
Email Me
Whatever I feel is important for the day concerning South Lake Tahoe Real Estate and our Lifestyle
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