
The Market
Monitor
June 4, 2008
Dear Client;
Market Overview
Headlines abound with all the problems across the country. They also highlight the number of investors in the market place. Just like the stock market, for everyone selling, there is someone buying. We still believe 2008 will have similar numbers to 2007. Certainly there have been some exceptional deals buyers have negotiated with market prices generally back to 2003 – 2004 levels. Sellers who bought in earlier years have still done exceptionally well with their investment. For first time buyers, this is a second chance with great prices and mortgage rates.
Tahoe Donner
The monthly numbers are very similar to a year ago. There was one lot sale, a golf course lot on Skiview Loop offered at $375,000.
Lahontan
There was one home sale. There were no lot sales.
Old Greenwood/Grays Crossing
There were no home sales and one fractional sale in Old Greenwood. There were no lot sales.
Northstar
There were no home sales and 2 condo sales in the Village.
Glenshire/Sierra Meadows/Prosser/Donner Lake
There were 14 home sales congregated in the lower end of the market.
Squaw Valley / Alpine Meadows
There were 3 condo sales in Squaw Valley.
If you would like more detailed information or specific information related to your property, please do not hesitate to call.
If you know anyone that we can assist to become an owner in our beautiful area and be one of your neighbors, please let us know. If there is anything we can do to help you with your business, we would like to know. Thank you for your support.
Sincerely,
Bob and Nancy
The Davis Yoder Realty Group
Keller Williams Boice Realty
www.truckeeinfo.com
www.tahoe.cc
ryoder@truckeeinfo.com
530-582-3313