More of the same, but at least there is activity!    For the week of 11/30-12/6, 2009 the following took place inside the Incline MLS:

New Listings:  3 condos and 3 single family homes (SFH).

Price Reductions:  2 condos and 6 SFH decided to reduce their prices in hopes of an offer.  Check them out, but we did not recognize any hot buys out of these.  Perhaps the Coeur du Lac will entice someone at $235K but it is only a one bedroom.

New Escrows:  2 condos went into escrow this week and 1 SFH.

Sales:  A pretty good week with 4 condos, 1 PUD (Planned Unit Development) and 2 SFH sold this week.  Of the condos sold 850 Northwood #50 was a great deal closing at $290K, 825 Southwood #19 was a Hot Buy foreclosure listed at $159 and sold for $185 cash and another moderate income housing unit closes at $226kK listed at $229,995.  These were all on our Hot Buy List.

Market Rejects:  The end of the month always brings a slew of activity in the market rejects category.  This week there were 17 condos rejected by the market, 4 PUDs and 12 SFHs.  Pricing...it IS all about the pricing!  Check where you are priced, view the competition with the buyers mindset and review where you are going for the future if you are seriously wanting to sell.

For a complete list of 'Hot Buys' click here.  Until next week!

 

Dust your skis and snowbards off and get ready for the Season Opening at Diamond Peak.  Diamond Peak Ski Resort Opens December 17, 2009  Community Appreciation Day will be on opening day; anyone within a 50-mile radius can purchase an Adult daily lift ticket for only $20 when you show a local ID. Bring a season pass from another resort and purchase a lift ticket for only $25!

Diamond Peak Passholder Appreciation Day is December 17th! Diamond Peak season pass holders can enjoy a free BBQ on Opening Day from 11:30am-1:00pm. (Not valid for IVGID and Diamond peak employees) Come enjoy the slopes!

Diamond Peak Ski Resort has an 1840 foot vertical drop with 30 runs offering beginner to advanced terrain. Visit www.diamondpeak.com for more details and a schedule of events for the winter.  It is a wonderful family resort with GREAT views of Lake Tahoe too!

 

Keep on Blowing!!!

 

Santa Claus is Coming to Town...Whether you've been naughty or nice, Santa is coming to Lake Tahoe this Winter.  He has many scheduled appearances this year so do not worry if you cannot make all of them, one is destined to match your schedule.  Click here for a complete schedule.

 

Incline Village, NV.  Looking good, recovery may be in the near future.  If you are a serious buyer and have not yet jumped in the market, I wonder how long it will be before the market really turns and you are left in the dust waiting for the next big turn in the market.  NOW is the time to buy and there ARE many good buys still in the market, but the good ones are getting snagged FAST.  Read the whole story here...

 

With the ending of the Thanksgiving Weekend ends another SLOW week in Real Estate.

New Listings with a total of 6...4 condos and 2 single family homes were the only new things to hit the market.

Price Changes were slow too with only 10 trying to make a change in time for Turkey Day.  There were 4 condos that reduced their prices, 1 PUD (Planned Unit Development),  4 Single Family Homes and get this, one single family home actually RAISED the price $400K...WHAT a DEAL!  Either that or too much turkey.

New Escrows this week.  Ouch...only 2 and both were condos.

Sales too were slow with only 1 condo and 1 PUD.  The PUD that sold was an Incline Creek Estates unit on the creek that did not sell at auction, went back to the bank and listed for $970K (On the hot buy list for sure) and sold for $915K immediately.

Market Rejects keep a coming with 2 condos and 4 single family homes that just did not cut the mustard.  One was the single family home that increased their price by $400K.  What is that all about?

Hot Buy List available here.  More next week with End of the Month numbers too!

 

The holiday season is upon us, which means it’s time to go shopping. Shopping for gifts, decorations, new clothes, new electronics…for stuff. This will do some damage to Americans’ bank accounts, but what is the real cost to people, the environment, the economy, to the world as a whole? From extraction to production to consumption to disposal, when one takes a closer look at consumerism, there are considerable hidden costs. In the Story of Stuff, author and activist Annie Leonard candidly examines stuff: where it comes from, where it goes, and how it affects people and the earth along the way. Leonard’s 20 minute film is simple, straightforward, and hopeful. Our current consumerist model is fatally flawed, but there is another way. The UC Davis Tahoe Environmental Research Center and Sierra Nevada College are pleased to host a screening of The Story of Stuff. Madonna Dunbar, Resource Conservationist with the Incline Village General Improvement District (IVGID) will be on hand to field any questions on how to cut down on trash and how to recycle. The Truckee High School Envirolution Club and Sierra Nevada College art students will be showcasing Trashion creations and art made with postconsumer materials. There will also be demos on how to make fun things like wrapping paper or bows out of what otherwise would have been trash.

Date: Saturday, December 5th, 2009

Time: 4-5:30pm. Art reception to be followed by film screening

Cost: Free. No-host bar.

Location: Assembly Rooms 139 & 141, Tahoe Center for Environmental Sciences, 291 Country Club Drive, Incline Village, Nevada (on the campus of Sierra Nevada College)

 

A 700 pound bear is raiding Incline Village homes in search of food, ripping off garage door panels and wreaking havoc in the neighborhood. See these two recent news clips to find out what is going on! A fed bear is a dead bear!

http://www.kolotv.com/home/headlines/72053217.html

http://www.fox40.com/news/headlines/ktxl-news-bear,0,7620695.story

 

Tardy with last weeks update, just like my Thanksgiving Dinner. Sorry for the delay, and for the 'off season' it was not such a bad week in Incline Village Real Estate. Homes are still moving in all price bands and categories too...that is the good news!  Click here for the complete story...

 

A bit slower this week, but still properties are added and sold from the list.  This week as of 11/11/09:

825 Southwood Blvd - Southwood Pines #5, - SOLD BACK TO BENE. NO RECORDED DOC YET.

NEW Notice Of Defaults:

702 College - Incline Crest #73

NEW NOTICES OF SALE:

108 Steam Circle - SALE POSTPONED UNTIL 12/8/09

549 Boothill Ct.- SALE POSTPONED UNTIL 12/8/09

725 Fairview - Incline Pines #10- SALE POSTPONED UNTIL 12/9/09

121 Juanita - Forest Pines #2-21 -SALE POSTPONED UNTIL 11/10/09 (we believe this was sold at auction, but has not been recorded yet!)

Click here for a full list of foreclosures and distressed properties.

 

Wow, almost Turkey Day now and already we are into November.  Everywhere you look Holiday decorations and advertisements are EVERYWHERE!  So, with all this hublub...What's Happening Inside the Incline MLS? Well for the week of November 2nd through the 8th, here are the details:  Click here for the full story...

 
 
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Bruce & Sandy Soli

Incline Village, NV

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Intero Real Estate Services

Address: 570 Lakeshore Boulevard, Incline Village, NV, 89451

Office Phone: (775) 298-3261

Cell Phone: (775) 771-5801

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Incline Village Real Estate Market Information. Foreclosures, Short Sales and Luxury Home Properties.


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