real estate: REO and Short Sales in the Lake Tahoe and Truckee Real Estate Markets - 03/26/10 12:19 PM

As we approach the busy spring and summer selling periods here in Lake Tahoe and Truckee there is a huge amount of activity for well priced homes and by huge amount I mean fiercely competitive with buyers circling around REO's with talons sharpened and ready to strike.  Buyers need to know that activity levels are strong and that they are not the only ones looking for the best deals out there.  
The lower priced distressed sales are attracting all the attention so it is very important to be aware of value vs pricing.  If a $350K house is priced at … (0 comments)

real estate: Distressed Sale Update for Truckee as of 02/26/2010 - 02/26/10 11:20 AM
A client of mine contacted me this morning looking for information about distressed sales(single family) in the Truckee, CA market and I thought my findings are worth sharing with you.   All information is from the previous 12 months between 2/01/09 and 02/26/10 taken from the Tahoe-Sierra MLS and does not include for sale by owner sales or off MLS sales.  All information in this report is for single family residences and condos were not considered in this analysis. Truckee Area 7(Greater Truckee) In the last 12 months the average price for a SFR 3 Bed/2 Bath/2 Car Garage is $442K, … (0 comments)

real estate: Vacant Land For Sale, 975 The Drive, Tahoe City, CA 96145 - 02/24/10 10:02 AM
Build Your Lake Tahoe Dream Home!
Vacant Land For Sale! 975 The DriveTahoe City, CA 96146This is one of the most buildable vacant lots in the Tahoe Basin! Level wooded lot with 887 IPES, 29% coverage allowing for +/- 4,466 sqft of coverage! Very unique and desirable setting that is contiguous on 2 sides to a +/- 1 acre parcel for additional privacy.  Sewer has been brought from the street to the parcel for additional savings    and convenience (no trenching across The Drive needed). A beautiful Lake Tahoe dream home could be built on this wooded lot. Buyer to verify all … (1 comments)

real estate: President Obama Pledges $1.5 Billion to Help Hardest Hit Housing Markets - 02/24/10 08:44 AM
The White House Office of the Press Secretary For Immediate Release February 19, 2010 President Obama Announces Help for Hardest Hit Housing Markets Funding will Help Address Urgent Problems Facing Homeowners at the Center of the Housing Crisis LAS VEGAS, NEVADA -- Today, President Obama, with Senate Majority Leader Harry Reid, announced funding for innovative measures to help families in the states that have been hit the hardest by the aftermath of the housing bubble.  In each of these states, the average price for all homes in the state has fallen more than 20% from the peak. Home prices across the … (1 comments)

real estate: Alpine Meadows Condo Market is Heating Up - 02/16/10 09:10 AM
In Alpine Meadows, CA we are seeing a welcomed change in the condo/townhouse market as buyers are taking advantage of distressed sales and well priced listings.  In the last 2 weeks we have seen 3 units out of 14 go into escrow and there are a few units that are in contract negotiations that will likely enter escrow within the next week!  This is a significant jump for the market considering there were only 2 closed condo/townhouse sales in Alpine Meadows in the last 12 months. One of the units that is now in escrow is a property that I wrote … (1 comments)

real estate: Truckee Market Analysis as of 02/03/2010, Limited Inventory in Truckee - 02/03/10 10:52 AM
When I look at the current Truckee real estate market the first thing I notice is that inventory levels are low, very low in specific neighborhoods and activity levels for well priced properties are through the roof, creating competition in the market and leading to multiple offers on the best priced homes. If you were to look at the overall Truckee market you would see that in the last 12 months there have been 502 sales of single family homes but currently there are only 259 listings.  502 home sales represents an absorption rate of 41.8 homes per month and at … (0 comments)

real estate: Dream Big! - 01/15/10 09:36 AM
"When we are dreaming alone it is only a dream. When we are dreaming with others, it is the beginning of reality" Dom Helder Camara I'm a car guy and have always loved exotic sports cars.  So today when I received an e-mail from my Dad featuring some of the hottest sports cars coupled with luxury real estate I felt that this would make a great blog post.  I hope you enjoy these photos as much as I did.
    … (3 comments)

real estate: Truckee Real Estate Market Analysis as of 01/08/2010 - 01/11/10 11:40 AM
There are some good signs for the Truckee real estate markets going into 2010 and there is a possibility that we are closer to recovery than previously thought.  There are still concerns and questions but most indicators are pointing to a brighter 2010.  The theme over the last 12 months has been savy buyers taking advantage of 6 year low pricing and historically low interest rates.  This has resulted in a 20% increase in sales year over year! I have analyzed the Truckee markets on a year over year basis and this is what I found: Average Price: $639,000 which is … (2 comments)

real estate: Valhalla Estate at Martis Camp, Truckee - 12/22/09 10:28 AM
Last week I had the pleasure to tour one of Martis Camps newest custom homes known as the "Valhalla Estate" which was craftfully constructed by Loverde Builders.  This magnificent estate was designed by the award winning Ward-Young architect group and offers beautiful timberframe construction designed to take advantage of the topography of the lot and the majestic views of the 7th Fairway of the Tom Fazio Golf Course, the Carson Range, and the Northstar ski resort. The quality of the Valhalla Estate becomes apparent as soon as you enter the meandering cobbled driveway that lets you know you have arrived under … (0 comments)

real estate: Ski Duck, Skiing & snowboarding for Disabled and Underpriveleged Children and older Kids - 12/03/09 04:37 AM
I am very excited to announce my partnership with Ski Duck!  SkiDUCK is a national non-profit organization dedicated to enriching the lives of Disabled and Underprivileged Children and older Kids by sharing the joys of skiing and snowboarding.  "We are committed to partnering with local organizations with similar goals of serving disabled or underprivileged children. In areas where similar programs exist, we’re not looking to reinvent the wing. Rather, we seek to assist other organizations fulfill their goals by providing additional funding, coordinating with other providers, and sharing best-practices.   In areas where the skiing and snowboarding needs of disabled or … (2 comments)

real estate: North Lake Tahoe Market Analysis 09/13/09 - 09/15/09 07:13 AM
This is a year over year analysis for the general North Lake Tahoe markets which include all neighborhoods between Kings Beach, CA and Homewood, CA.  I have also included an analysis for the neighborhoods between Carnelian Bay, CA and Tahoe City, CA.  Each market analysis is broken into 3 segments: the $0-$500K price range, the $500k-$1M range, and the $1M+ market. I have not included lakefronts in this market analysis due to the large fluctuations in pricing of these homes along with the limited amount of data available.  I would be happy to discuss this information or custom tailor an analysis … (0 comments)

real estate: Truckee Market Analysis - 08/30/09 07:42 AM
This is a year over year analysis for the greater Truckee markets, Tahoe Donner, and neighborhoods without golf course amenities. Each analysis is broken into 3 market segments: the $0-$500K price range, the $500k-$1M range, and the $1M+ market. I would be happy to discuss this information or custom tailor an analysis for your individual needs. Please click on the image below to enlarge.Please click on the image to enlarge. This market analysis is provided to give you a general idea of market conditions in Truckee, CA. If you would like a more detailed analysis for your property or for a … (0 comments)

 
Dave Westall (Oliver Luxury Real Estate)

Dave Westall

Tahoe City, CA

More about me…

Oliver Luxury Real Estate

Address: 319 West Lake Boulevard, Tahoe City, CA, 96145

Mobile: (530) 448-9882

Lake Tahoe and Truckee news, information, lifestyle, and real estate information. Area market analysis, tips and tricks for selling homes, and information to help buyers get the best deals possible. Along with real estate info I provide a glimpse of what its like to live in play in Lake Tahoe, Alpine Meadows, and Squaw Valley.


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