homes for sale: South Lake Tahoe, CA Home Values Not Going Up… Yet! - 09/01/12 04:38 AM
 South Lake Tahoe Median Sold Price Holding Steady since the first of the Year!
(Lake Tahoe Real Estate Blog / August 31, 2012 / Richard Bolen)
Is this the calm before the next home price rising storm? To be true, nobody knows, but South Lake Tahoe, CA median sold home prices have been steady since last December. That certainly does suggest a reasonable degree of market flattening over time.
A trend like this can in fact be a market bottom, and its certainly possible South Lake Tahoe home values could drop down again, but we have not seen such a sustained … (0 comments)

homes for sale: South Lake Tahoe, CA Housing Demand Decidedly Up - 08/30/12 05:27 PM
The Most South Lake Tahoe, CA Home Sales Since 2005.
(Lake Tahoe Real Estate Blog / August 30, 2012 / Richard Bolen)
Yes, South Lake Tahoe housing demand is on it's most torrid pace since our market high 7 years ago. This is a good thing for our housing market indeed.
What's perhaps even better for today's South Lake Tahoe home buyer is interest rates are still astoundingly low (about 3.5%), and South Lake Tahoe home prices are still very, very low. The median sold price of home sales in the last 180-days is $226,000. Last April it was $220,000, … (0 comments)

homes for sale: Mortgage Rates Plunge Past Point Where They Began - 07/06/12 10:18 AM
Historic Low Home Loans Now at 3.62% Fixed Rate
(Lake Tahoe Real Estate Blog / July 5, 2012 / Richard Bolen)
Yep (and Eureka!), fixed mortgage interest rates fell again today to new record lows for a 30-year home loan. We don't know what could be better news for South Lake Tahoe home buyers.
According to the Associated Press article, this record plunge provides more incentive to brave a modestly recovering US housing market.
Today's 3.62% interest rate is the lowest since long-term interest rates began in the 1950's.
Also found in the article: Cheap mortgages have provided a lift to … (2 comments)

homes for sale: Characteristics Of South Lake Tahoe, CA 2012 Distressed Home Sales - 05/15/12 04:42 AM
Greater Percentage of South Lake Tahoe, CA distressed sales this year than last… while housing demand continues up… and home values decline. (Lake Tahoe Real Estate Blog / May 13, 2012 / Richard Bolen)
ere at the middle of the second quarter in 2012, lets take a look at current South Lake Tahoe, CA real estate home sales trends. The goal is to see if anything new has emerged since we last looked closely at the end of Q1.
We'll look at demand and median sold prices first, then look closely at the incidence and characteristics of South Lake Tahoe, CA … (0 comments)

homes for sale: A South Lake Tahoe, CA Neighborhood Home Value Study - 04/01/12 08:40 AM
Home Sales, Values and Distressed Frequencies by South Lake Tahoe, CA Neighborhood
(Lake Tahoe Real Estate Blog / March 30, 2012 / Richard Bolen)
As we approach the end of the first quarter of 2012, we thought it would be helpful to review the South Lake Tahoe, CA real estate market from the point of view of its various neighborhoods.
For this study lets look at the top three South Lake Tahoe, CA neighborhoods in the following categories, and below that is the source materials for the information herein.
  Highest Median Sold Price : The top three South Lake … (0 comments)

homes for sale: US Home Contracts Dipped in February: So what about South Lake Tahoe? - 03/29/12 05:00 AM
 Number South Lake Tahoe, CA Homes in Escrow… not much different now than it was two years ago.
(Lake Tahoe Real Estate Blog / March 27, 2012 / Richard Bolen)
The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high. According to today's Associated Press article, this is a mixed signal ahead of the spring home-buying season. The question is, how does this relate to South Lake Tahoe?
Home signed contracts are another means of describing homes that are in escrow. First a few bullet points from today's article (in full … (0 comments)

homes for sale: We really like this one: Jobless Rates for US Veterans Plunges - 03/18/12 03:34 PM
 More Jobs for Returning Veterans is good for us all.
(Lake Tahoe Real Estate Blog / March 16, 2012 / Richard Bolen)
Being the sons of a retired US Army infantry colonel, army brats we are, this is a particularly nice report for us to pass along. Anything that is good for those who serve us is always joyful for us.
Today's report about veterans and civilian jobs comes from CNNMoney.com. The news is more veterans are coming back from war and getting back to work in the civilian job force, thanks to efforts by both employers and the government, as … (1 comments)

homes for sale: Characteristics by Size: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/25/12 02:56 AM
Helping the South Lake Tahoe, CA Home Seller sell their house (pt 3) (Lake Tahoe Real Estate Blog / February 20, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part three in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to sell it … (0 comments)

homes for sale: South Lake Tahoe, CA Home Values… Then and Now. - 02/13/12 06:36 AM
Tracking the South Lake Tahoe, CA Median Sold Price… since 2007.
(Lake Tahoe Real Estate Blog / February 11, 2012 / Richard Bolen)
We track South Lake Tahoe, CA home values by the median sold price. We've been doing this since 2001, in print via our newsletters from 2001 to 2006, and online since we started this blog in February 2007.
Since then we've been tracking the South Lake Tahoe, CA median sold price in the chart found below. Our first entry unto it was April, 2007. We thought it worthwhile to review it… on this 5th anniversary of The … (0 comments)

homes for sale: South Lake Tahoe Home Affordability: Interest Rates Have Never Been this Low Before. - 10/11/11 12:08 PM
 Interest Rates below 4%? It screams South Lake Tahoe home buyer advantage.
(Lake Tahoe Real Estate Blog / October 9, 2011 / Richard Bolen)
There is really no other way to say it: mortgage interest rates on a South Lake Tahoe home loan are as low now as they were in the 1905's. The truth is many of you have not seen such good home buying news in your lifetime. (I have, but it was when I was only four-years old, and back then I was much more interested in sand boxes than houses.)
For a moment last week the mortgage … (1 comments)

homes for sale: More Decline in South Lake Tahoe, CA Home Values Characterizes Q3 Real Estate Trend - 10/04/11 07:21 AM
 South Lake Tahoe, CA Housing: Q3 demand down by 8 home sales, values down by 16.8%.
(Lake Tahoe Real Estate Blog / October 2, 2011 / Richard Bolen)
The good news keeps coming for South Lake Tahoe, CA home buyers. We're confident this news is likely not to be thought of as good by home sellers, but South Lake Tahoe home values are a $48,000 better deal in general for home buyers today than they were at the beginning of the year.
As of Jan 1, 2011, the South Lake Tahoe median sold price was $285,000. This represented sales over … (0 comments)

homes for sale: Attention Home Buyers: Making South Lake Tahoe Even More Attractive (pt 8) - 09/27/11 06:07 AM
More Retail Developments at the Y Intersection?
(Lake Tahoe Real Estate Blog / September 24, 2011 / Richard Bolen)
This is all good news for South Lake Tahoe home buyers. Home prices have not been this affordable in a decade, and mortgage interest rates have never been this low.
In addition to these very real home buyer advantages, there are a host of additional South Lake Tahoe positives that make our community even more attractive, and our housing climate even better.  These positives include improvements in our infrastructure and private investments in local businesses. All together, what this means is … (0 comments)

homes for sale: South Lake Tahoe Home Prices, Interest Rates just get even better for Buyers. - 08/12/11 07:50 AM
It's been more than a decade since a South Lake Tahoe home was this affordable.
(Lake Tahoe Real Estate Blog / August 10, 2011 / Richard Bolen)
Lets look at interest rates first. MOrtgage interest rates after the big debt debate debacle!
Online today a 30-year fixed loan w 20% down is being touted at 3.875%, which is unheard of (here). Digging deeper, most of these sensational online rates involve a point or two added into the mix, a loan over $200,000 and a huge FICO to boot. In other words, one is pretty much not going to get a … (1 comments)

homes for sale: Our Q2 South Lake Tahoe, CA real estate update in the Tahoe Daily Tribune - 07/21/11 03:30 AM

Information is King in The Lake Tahoe Real Estate Blog (Lake Tahoe Real Estate Blog / July 19, 2011 / Richard Bolen)
We like it when our local newspaper, The Tahoe Daily Tribune, uses us as a source for their real estate reporting. This is not to say necessarily that we like, or crave, the attention. What we do like is we know the public is nicely informed when we are cited as a resource.
More than anything perhaps, this is the true goal of this blog: an better informed public about South Lake Tahoe real estate conditions is better … (1 comments)

homes for sale: South Lake Tahoe, CA Real Estate Update: Q1 and Q2 Housing Results - 07/08/11 11:15 AM
South Lake Tahoe, CA Housing: Down in demand only slightly, down in value almost 10%. (Lake Tahoe Real Estate Blog / July 6, 2011 / Richard Bolen)
Well, it continues to be good news for South Lake Tahoe, CA home buyers. Home values are a $29,000 better deal in general for home buyers than they were six months ago.
Half of all South Lake Tahoe, CA home buyers are purchasing a distressed property, and a little more than half of all buyers are making their purchase under $300,000. Rather than being influenced by demand, these two factors more than anything else … (0 comments)

homes for sale: Today at the Lake Tahoe Real Estate Blog - 07/01/11 07:13 PM
Talk about South Lake Tahoe multi-tasking, well this is in that ballpark. (Lake Tahoe Real Estate Blog / June 30, 2011 / Richard Bolen)
It's another beautiful day here in South Lake Tahoe, and we thought you might find today's business of the blog fun and interesting. Here's today's do list:
Open escrow on a new listing. Get new escrow offer and list agreement to 3rd party short sale negotiator. Help client craft a hardship letter for her short sale. Work w programmer on new statistics modules for the blog (there are about 4-5 of these soon coming, and they will … (0 comments)

homes for sale: Real Estate Central on Lake Tahoe Television: The $200,000 South Lake Tahoe House - 06/25/11 06:36 AM
(Lake Tahoe Real Estate Blog / June 23, 2011 / Richard Bolen)
The first episode in a 2-part series to help South Lake Tahoe home buyers recognize the housing deal they are looking for. Here's the first episode in our 2-part series to help home buyers find the South Lake Tahoe housing deal they are looking for that is currently running on Real Estate Central at Lake Tahoe Television (Cable channel 12).
Following is the script used for the commercial. We hope you enjoy and find this helpful.
FADE IN ON:
Opening: Richard Bolen w microphone in hand. Behind him is … (1 comments)

homes for sale: South Lake Tahoe home listings for sale update: Middle Kingsbury, NV - 06/14/11 04:45 AM
(Lake Tahoe Real Estate Blog / June 12, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Middle Kingsbury prices  14% off from last year, and down 56% off Middle Kingsbury market high of 2007. We though it would be interesting to track South Lake Tahoe, NV neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the Middle Kingsbury neighborhood since 2003.
 Middle Kingsbury Housing Values : Home values this year to date are 14% lower ($67,500 off) than they were for all of 2010 (based on the … (0 comments)

homes for sale: South Lake Tahoe luxury homes and estate sales update: Lakefront Properties, NV - 06/14/11 04:44 AM
(Lake Tahoe Real Estate Blog / June 12, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Lakefront Properties prices off 10% over last year, and down 26% off Lakefront Properties market high of 2007. We though it would be interesting to track South Lake Tahoe, NV neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for Lakefront Properties since 2004.
We think its important to note that "Lakefront Properties" is not a neighborhood per se; it is a designation within our multiple listing service that identifies homes and … (0 comments)

homes for sale: South Lake Tahoe home listings for sale update: Upper Kingsbury, NV - 06/09/11 06:40 PM
(Lake Tahoe Real Estate Blog / June 7th, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Upper Kingsbury prices up 25% over last year, but 18.6% off Upper Kingsbury market high of 2005. We though it would be interesting to track South Lake Tahoe, CA neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the Upper Kingsbury neighborhood since 2003.
 Upper Kingsbury Housing Values : Home values this year to date are 25% higher ($105,000) than they were for all of 2010 (based on the only two … (0 comments)