lake tahoe real estate blog: Characteristics of the South Lake Tahoe, CA Median Sold House - 02/12/12 09:10 AM
Houses are bigger and big time less costly in South Lake Tahoe, CA these days.
(Lake Tahoe Real Estate Blog / February 10, 2010 / Richard Bolen)
Home buyers these days are looking for two essential things: a great deal, and comfort that they are not paying too much.
Today the median sold price of the South Lake Tahoe, CA home is $225,000. This is based on all single family home sales in the last 180-days with the Tahoe Keys not included.  If the Tahoe Keys is included, the median sold price is $235,000.
In the last 365-days 541 single … (0 comments)

lake tahoe real estate blog: First Jobs Report of the Year is a Good One - 01/07/12 06:12 AM

2011 trend of better, but slower than we'd like, economic news continues. (Lake Tahoe Real Estate Blog / January 5, 2011 / Richard Bolen)
Here's what it says, "The job market is looking a little brighter at the start of the new year." It's via the Associated Press and it's in the first weekly jobs report of 2012.
As we've consistently reported since the onset of the tough economic times that started in late 2005, and got worse by 2008, they key to recovery is the US housing market, and the key to that is our national jobs market.
Here's … (2 comments)

lake tahoe real estate blog: Better Year End Economic Indicators… for the Country and South Lake Tahoe - 12/29/11 06:47 AM

Rising Consumer Confidence, Lower Housing Prices, Falling Jobless Claims, Historic Low Interest Rates are hopeful signs. (Lake Tahoe Real Estate Blog / December 27, 2011 / Richard Bolen)
Here's a few reports that have come in through the holidays that we find encouraging. All are hopeful about a recovering economy (yes, we too wish it were faster), and all are good news for home buyers looking for South Lake Tahoe opportunities in the new year.
This first article came out just before Christmas, and it finds the number of Americans filing for first-time unemployment benefits dropped to their lowest level … (0 comments)

lake tahoe real estate blog: U.S. Housing Affordability is Now at Record High. How Good for South Lake Tahoe is that? - 12/15/11 05:52 AM
Terrific News for all South Lake Tahoe Home Buyers
(Lake Tahoe Real Estate Blog / December 13,2011 / Richard Bolen)
Here's what the article says: "There may not have been any generation in history that has faced such incredibly affordable home ownership, especially when a young couple is buying a first home to get started in life, invest in a home, and raise a family. At least in terms of housing affordability, young, middle-class Americans have never had it this good."
This means you, South Lake Tahoe home buyer.
The article comes today via the Wall Street Pit, and it … (0 comments)

lake tahoe real estate blog: Better Jobs News is Good for South Lake Tahoe, Good for us All - 12/10/11 06:43 AM

Weekly US unemployment claims fall to nine-month low. (Lake Tahoe Real Estate Blog / December 8, 2011 / Richard Bolen)
How better US jobs news is good for South Lake Tahoe is simply this: the national jobs market is directly tied to the housing market. Steady improvement in our country's employment picture will eventually lead to first, home value stability, and secondly gradual return to higher home values.
What's good for today's home buyer is rising home values have not occurred yet, nor do we expect that in the near future. As one tracks the jobs market, though, there will … (0 comments)

lake tahoe real estate blog: Some new things about the Lake Tahoe Real Estate Blog - 12/09/11 05:59 AM

Progress is being made from our efforts to help you in South Lake Tahoe (Lake Tahoe Real Estate Blog / December 5, 2011 / Richard Bolen)
At first the vision was to create new stat services for South Lake Tahoe home buyers to better recognize the deal they are looking for, and at the same time to provide a means to help a buyer understand when they are not paying too much.
It took about a year to create this new tool, and it's been sitting here on our site innocuously on our site for about a month. What happened … (0 comments)

lake tahoe real estate blog: South Lake Tahoe, now with Two New Eyes - 12/09/11 05:54 AM

Gratitude and Progress with Cataract Surgery (Lake Tahoe Real Estate Blog / December 4, 2011 / Richard Bolen)
We must apologize for the gap in between our last post. South Lake Tahoe visuals have been just a little awkward with one eye, the new one, seeing things at 20-20, and the other eye seeing from a 20-400 point of view.
My glasses with only one lens didn't change that oddness, and as my right eye healed, seeing so good and new that it did, things did get a little better, but not so much that I wanted to spend my … (0 comments)

lake tahoe real estate blog: Seeing South Lake Tahoe… with a New Eye. - 11/20/11 04:53 AM

Cataract Surgery brings a wonderful new focus to South Lake Tahoe.
(Lake Tahoe Real Estate Blog / November 17, 2011 / Richard Bolen)
Blues like I've never seen them before. Reds and greens too. And it's truly amazing. I had been told I would see South Lake Tahoe better after cataract surgery, but I wasn't told it would be this good.
Only the right eye has been done so far, and all I can say is it's amazing. I've got 20-20 vision in one eye for the first time ever. Clarity and distance distinction, I pretty much knew that … (1 comments)

lake tahoe real estate blog: South Lake Tahoe, CA Market Data… that’s fit to print. - 11/05/11 03:15 PM
The Lake Tahoe Real Estate Blog and the Tahoe Daily Tribune (Lake Tahoe Real Estate Blog / November 3, 2011 / Richard Bolen)
We much like the relationship we have with our local newspaper, the Tahoe Daily Tribune. It's based on many years of providing accurate real estate data for our public.
Today we got a call from them asking for our immediate help. It's data they needed internally, and they needed it quickly. At that moment we were working on a presentation for a Denver meeting next week about our new real estate applications (see this video), and we were … (0 comments)

lake tahoe real estate blog: Our New South Lake Tahoe, CA Home Buyer Software: You Never have to Worry about Paying Too Much Again! - 10/30/11 07:24 AM
 "Characteristics by Price" helps Buyers find the Deal they are looking for.
 (Lake Tahoe Real Estate Blog / October 28, 2011 / Richard Bolen)
If you are a South Lake Tahoe, CA home buyer, or seller, watching this video is a must.
This is what we've been working on for the last year and a half: public real estate information empowerment software. This is one of five new real estate software applications we are developing for you. Making things easier and more exact is our goal, and yes this is US patent pending.
Here is the introductory narrative found in … (0 comments)

lake tahoe real estate blog: The South Lake Tahoe, CA Median Sold House… Now and Then. - 10/21/11 07:14 AM
New Blog Feature to Help South Lake Tahoe, CA Home Buyers
 (Lake Tahoe Real Estate Blog / October 19, 2011 / Richard Bolen)
We have been working for the last year and a half to bring new features on this blog to better help South Lake Tahoe, CA  home buyers and sellers. We're grateful to announce that some of these efforts have just been launched.
 Before we lead you to the first new feature, please understand that this is the beta, or testing phase of product development. This means that our process with these new features is continuing, and at … (0 comments)

lake tahoe real estate blog: 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)

lake tahoe real estate blog: 2011 South Lake Tahoe, CA Neighborhood Home Values - 10/08/11 05:11 AM

 South Lake Tahoe home values continue to be better deals for home buyers
(Lake Tahoe Real Estate Blog / October 5, 2011 / Richard Bolen)
We thought it would be helpful to look at South Lake Tahoe, CA home values by neighborhood, and compare the differences so far this year with the final stats from last year.
The source chart for this study is found below.
 Highest Median Sold Price : The top five South Lake Tahoe, CA neighborhoods with the highest median sold home values are:
1. The Tahoe Keys ($602,450) 2. Heavenly Valley ($454,300) 3. North Upper Truckee … (1 comments)

lake tahoe real estate blog: 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)

lake tahoe real estate blog: 2011 South Lake Tahoe, CA Home Values by Month - 10/03/11 06:04 AM
2011 South Lake Tahoe, CA Home Value Decline is 10.7%
(Lake Tahoe Real Estate Blog / October 1, 2011 / Richard Bolen)
In the current South Lake Tahoe, CA real estate market climate, we are seeing essentially the same home buyer concerns today that we've seen for some time. Those concerns are basically two: (1) have I missed anything, and (2) am I paying too much?
What's different, however, is today's home buyer seems to be looking more for a "deal" than a house. Don't get me wrong here; the house is what the buyer is buying, and it is … (0 comments)

lake tahoe real estate blog: US Home Prices Up… What about South Lake Tahoe? - 09/30/11 08:29 AM
South Lake Tahoe, CA home prices gradual decline continues
 
(Lake Tahoe Real Estate Blog / September 27, 2011 / Richard Bolen)
One thing that is interesting about national real estate trends is they usually precede those of South Lake Tahoe, CA. In other words, we usually see national real estate trends appear later here than they do in primary home markets across the country.
In that context, and particularly as it relates to home sellers, one can only hope that an increase in home prices will eventually be seen here. But that is certainly not the case here now. … (0 comments)

lake tahoe real estate blog: Attention Home Buyers: Making South Lake Tahoe Even More Attractive (pt 9) - 09/28/11 06:33 AM
What's Good for our Community College is Good for All of Us
(Lake Tahoe Real Estate Blog / September 25, 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 … (0 comments)

lake tahoe real estate blog: 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)

lake tahoe real estate blog: Attention Home Buyers: Making South Lake Tahoe Even More Attractive (pt 7) - 09/23/11 07:53 AM
New Developments at The Y
(Lake Tahoe Real Estate Blog / September 21, 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 a tremendous … (0 comments)

lake tahoe real estate blog: Attention Home Buyers: Making South Lake Tahoe Even More Attractive (pt 6) - 09/20/11 03:05 PM
Nevada retail improvements make for more and better community services.
(Lake Tahoe Real Estate Blog / September 20, 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 … (0 comments)