south lake tahoe real estate: A Closer Look at Stateline, NV Home Sales in South Lake Tahoe - 06/30/10 12:54 PM

So far this year, there's more demand in California than Nevada!
(Lake Tahoe Real Estate Blog / May 19, 2010 / Richard Bolen) While we are seeing an increase in demand on the California side of the South Lake Tahoe real estate market (here), it is not the same for the Nevada side of our market (here).
Lets compare South Lake Tahoe housing demand on both sides of our state lines to date:
Number Home Sales: (from January 1st to May 19th year over year)
2009 South Lake Tahoe, CA: 119 2010 South Lake Tahoe, CA: 171 Difference: 52 more … (0 comments)

south lake tahoe real estate: South Lake Tahoe Real Estate News: 2010 Stateline, NV Home Sales to date - 06/30/10 12:48 PM
29 Homes Sold in 2010 to date in Stateline, NV area of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / May 18, 2010 / Richard Bolen) We have just updated current 2010 home sales in the Stateline, NV area of South Lake Tahoe.
All 2010 Stateline, NV home sales, plus statistics, here.
To get as true indication of market conditions as possible, we also always report all single family home sales in Stateline, NV  for the last 365, 180, 90 and 30 days as well. (here)
Statistical data with the the following information on all 2009 homes sales, here.
2010 … (0 comments)

south lake tahoe real estate: South Lake Tahoe Real Estate News: Stateline, NV Escrow Report - 06/30/10 12:42 PM
Homes in Escrow in the Stateline, NV area of South Lake Tahoe.
(Lake Tahoe Real Estate Blog / May 18, 2010 / Richard Bolen) At present there are 20  homes in escrow. That same number was 16 a month ago (see chart below). 45% of these homes in escrow are distressed sales. (REOs or short sales). That same number was 53.3%% a month ago.
All Current Escrow - Stateline, NV, plus statistics, here
Escrow Summary:
Here's what the latest escrow information tells us about current market conditions in Stateline, NV:
The Median Price for the homes in escrow is $1,180,056 (not … (0 comments)

south lake tahoe real estate: South Lake Tahoe, CA Real Estate News: Tahoe Keys Luxury Home Sales - 06/30/10 12:35 PM

Tahoe Keys Luxury Home Neighborhood, South Lake Tahoe, CA: Current Real Estate Activity.
(Lake Tahoe Real Estate Blog / May 13, 2010 / Richard Bolen)
We've just updated all Tahoe Keys neighborhood real estate activity in South Lake Tahoe, including all 2010 luxury home sales, current escrow and all active listings. Please note "Tahoe Keys  (CA)" found in our left sidebar.
2010 Tahoe Keys single family home luxury sales, here.
2009 Tahoe Keys single family home luxury sales, here.
Current Tahoe Keys, South Lake Tahoe single family luxury homes in escrow, here.
Current Tahoe Keys, South Lake Tahoe single … (0 comments)

south lake tahoe real estate: Featured Listings, what exactly do they mean? - 06/15/10 03:21 PM
It’s Probably Not What You Think. (Lake Tahoe Real Estate Blog, December 28, 2009, by Richard Bolen)
We originally posted this on February 9, 2008. We've brought it back because we think it noteworthy.
We see them all the time. Online they’re everywhere, and in real estate print advertising too. But has one ever really considered what a “Featured” Listing is? What it really means? The process of how they happen? We thought it’s worth exploring... because featured listings are a dime a dozen and usually have about the same value as fools gold.

The idea behind the “Featured” listing, … (3 comments)

south lake tahoe real estate: The $500,000 South Lake Tahoe, CA House, Then and Now. - 05/26/10 11:04 AM
Good Fortune for Buyers is to be had in the Current South Lake Tahoe market condition.
Two guys are in a South Lake Tahoe bar drinking beer. One of them is staring at his glass of beer as if in deep, distant thought. “Have you ever wondered where the phrase egg in your beer comes from?,” he asks. “Can’t say I’ve thought about it that much,” his friend answers.
Still staring at his glass of beer, the first guy explains, “I saw it the other day in word-detective.com. Seems that G.I.s during World War II used Egg in Your Beer a … (2 comments)

south lake tahoe real estate: The $300,000 South Lake Tahoe, CA Home, Then and Now. - 07/11/09 05:38 AM
Does one get More for their Money Now than Before, and if so, How Much? This is a study to determine if one can get more home for their money in South Lake Tahoe today than before. If so, the next important question is how much more, and is it quantifiable? To best do this we’ll focus on the two most objective factors available to look at the value of a home, which is its size and price per square foot. Lets also look at other more subjective factors such as condition, age and the availability of a newer home.
Since … (3 comments)

south lake tahoe real estate: Marbles, Houses, Buyer Fear, Information and South Lake Tahoe - 07/06/09 04:46 AM
The $400,000 South Lake Tahoe, CA House of  today was a $550,000 house 5-years ago.
(LAKE TAHOE REAL ESTATE BLOG) We did this one before too, and its the basis for a study we refern many of our buyer prospects to when explaining market reality these days. We hope you enjoy.
 
There are two South Lake  Tahoe brothers, both in elementary school, one an egghead type, the other a marble champion. The Champ goes into the Land of Marbles toy store. In marble land he stares at his favorite shooters, not just any shooters, but red jasper mineral shooters, … (4 comments)

south lake tahoe real estate: The $300,000 South Lake Tahoe, CA Home, Then and Now. - 07/05/09 06:58 AM
Does one get More for their Money Now than Before, and if so, How Much? (LAKE TAHOE REAL ESTATE BLOG) This is the beginning of a study we did not long ago. We refer to it to our buyers frequently, and it pretty much documented our suspicions about the effect of foreclosures on the South Lake Tahoe real estate market. Ok, here goes:
This is a study to determine if one can get more home for their money in South Lake Tahoe today than before. If so, the next important question is how much more, and is it quantifiable? To best … (3 comments)

south lake tahoe real estate: Considering the Declaration of Independence... and the genius who wrote it! - 07/04/09 09:46 AM
Thoughts about the writing of our Declaration of Independence.
(LAKE TAHOE REAL ESTATE BLOG) We did this 2 years ago, and try as I might today, could not improve on it much. We liked this one. And we hope you are amid a splendid 4th.)
He wrote it in 17 days. No electricity, no internet for research, no software, no cut, copy or paste. Only pen and ink, and candlelight to write at night. He was only 33 years old. And he did it alone, in two rented rooms of an otherwise occupied house... in the unairconditioned weather of mid summertime. … (2 comments)

south lake tahoe real estate: Are More Declines in South Lake Tahoe Home Values Hiding in Plain Sight? - 07/04/09 09:44 AM
There is a disconnect between current South Lake Tahoe market reality and buyers expectations. (LAKE TAHOE REAL ESTATE BLOG) The article below this one addresses recent comments from a few of our readers that reveals current market reality in South Lake Tahoe is not what some buyers expect it might be (here).
These sentiments are based on a disconnect between current market conditions, which is based on the median sold price and expectations of some buyers that home prices will drop significantly more. These expectations are based on recent national real estate news pieces containing predictions of a further drop of … (6 comments)

south lake tahoe real estate: Some Things We Hear when we Report South Lake Tahoe Market Conditions, and Why. - 07/04/09 09:37 AM
Comments that make us think: what if the market has already declined more than the numbers tell us? (LAKE TAHOE REAL ESTATE BLOG) What is that old saying about statistics? We’ve heard it came from Vin Scully, the famous announcer and voice of the Brooklyn and then later Los Angeles Dodgers since 1950. Maybe too Vin heard it from somebody else, the originator of the adage perhaps. Nonetheless, in this case it’s what was said, rather than who said it first that’s important.
We’re sure many of you have heard it, but the old adage about statistics is this: “There are … (0 comments)

south lake tahoe real estate: Three Things the South Lake Tahoe Real Estate Market Might Do. - 07/04/09 09:33 AM
(LAKE TAHOE REAL ESTATE BLOG) We did this one earlier too, after a boat load of questions about, well you know, "what do you think the market is going to do?"
(We'll call this our "duh" interlude here, its stating the obvious, but we're going somewhere with this one... to set up our next detailed study.)
There are basically three avenues the South Lake Tahoe real estate market will take in the foreseeable future. The numbers tell us we’re close to stabilization. Like that or not, it’s what the numbers, using median sold price, looking behind us over six months, say. … (0 comments)

south lake tahoe real estate: About False Idols - 07/04/09 09:28 AM
Lets have the Media report about Solutions, not Fodder! (LAKE TAHOE REAL ESTATE BLOG) We wrote this one when all of that was going on. It's our usual rant about the inane media, and if you think about it, is as true today as... well, always.
After Michael Jackson his his tragic run, suspect one of the cable news stations will dust off Anna Nicole, just for drill.
 
Donno about you, but we’re pretty much of singular mind these days. What we want to hear is really about two things, and two things only: (1) solutions for the recovery of … (0 comments)

south lake tahoe real estate: Accurate Real Estate Reporting... is important in South Lake Tahoe too! - 07/01/09 04:22 AM
What another RE Professional Has to Say about Our Favorite Subject. (LAKE TAHOE REAL ESTATE BLOG) I don't know how may times we've reported about the importance of providing accurate real estate data here on this blog. It's certainly one of our most discussed themes.
We found this in one of our feeds from the Huffington Post not long ago and thought you might appreciate it.
Entitled, "Quality Reporting Is Key When Writing About The Housing Market", it's written by Pauline Millard, a New York City real estate professional and a teacher of creative writing.
Though New York City real estate … (5 comments)

south lake tahoe real estate: A Discussion with a South Lake Tahoe, CA reader - 07/01/09 04:14 AM
Its Always Fun When We Hear From a reader about South Lake Tahoe. (LAKE TAHOE REAL ESTATE BLOG) We got this email from one of our readers this some time ago. It's a good example of both how our blog attracts readers who participate, and our interactions with them. We thought it might be nice to share it with you.
Below is what came to us. Our response to it follows thereafter. We hope you find it of interest.
 
From: John   Sent: Not too long ago To: richard@thelistingcompany.com; gary@thelistingcompany.com Subject: Tahoe Real Estate Rich / Gary, I've been watching Tahoe … (0 comments)

south lake tahoe real estate: A South Lake Tahoe Buyer Talks - 07/01/09 04:03 AM
What our South Lake Tahoe real estate business is all about. (Lake Tahoe Real Estate Blog) We've been working with a particular buyer recently. It's someone we know who has bought from us before, but that was back in 2004 at the top of the South Lake Tahoe market both in terms of demand and price.
The Buyer contacted us again in September. What's somewhat singular about him is he lives in Jakarta. This time his instructions to us were rather simple: "I know the market is down, there's opportunity to be had, now find me the best deal possible to … (0 comments)

south lake tahoe real estate: South Lake Tahoe Real Estate Update: Lake Village (NV) - 08/23/08 01:47 PM
All 2008 Real Estate Activity: Lake Village, Stateline, NV area of South Lake Tahoe. (LAKE TAHOE REAL ESTATE BLOG) We’ve just updated all  Lake Village  (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2008 sales, current escrow and all active listings. Please note “Lake  Village  (NV)” found in our left sidebar.
2008  Lake Village, Stateline, NV  townhome or condo  Sales,  here.
Current  Lake Village, Stateline, NV  townhome or condos in escrow,  here.
Current  Lake Village, Stateline, NV  townhome or condos  listed,  here.
 
2008 South Lake Tahoe  Lake  Village  Neighborhood Sales … (6 comments)

south lake tahoe real estate: South Lake Tahoe Real Estate Update: Lakefront Properties (NV) - 08/23/08 01:44 PM
All 2008 Real Estate Activity: Lakefront Properties in the Stateline, NV area of South Lake Tahoe. (LAKE TAHOE REAL ESTATE BLOG) We’ve just updated all  Lakefront Properties  (NV) real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2008 sales, current escrow and all active listings. Please note “Lakefront Properties  (NV)” found in our left sidebar.
2008  Lakefront Properties, South Lake Tahoe lake front estate Sales,  here.
Current  Lakefront Properties, South Lake Tahoe lake front estates in escrow,  here.
Current  Lakefront Properties, South Lake Tahoe lake front estates  listed,  here.
 
2008 South Lake Tahoe  Lower  Kingsbury  … (0 comments)

south lake tahoe real estate: South Lake Tahoe Real Estate Update: Middle Kingsbury (NV) - 08/23/08 01:38 PM
All 2008 Real Estate Activity: Middle Kingsbury, Stateline, NV area of South Lake Tahoe. (LAKE TAHOE REAL ESTATE BLOG) We’ve just updated all  Middle Kingsbury  (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2008 sales, current escrow and all active listings. Please note “Middle Kingsbury  (NV)” found in our left sidebar.
2008  Middle Kingsbury, South Lake Tahoe single family home Sales,  here.
Current  Middle Kingsbury, South Lake Tahoe single family homes in escrow,  here.
Current  Middle Kingsbury, South Lake Tahoe single family homes listed,  here.
 
2008 South Lake Tahoe  Middle Kingsbury  Neighborhood … (0 comments)