Real Estate Blog

Summer Means Music in Tahoe

With Free Concerts almost Every Day of the Week

Concerts at Commons Beach (Sun 4-7 pm) 400 N Lake Blvd, Tahoe City

Bluesdays (Tues 6-8:30 pm) The Village at Squaw Valley

Music in the Park (Wed 6:30-8:30 pm) Truckee Regional Park 1500 Brockway Rd

Truckee Thursdays (Thur 5-8:30 pm) Downtown Truckee closes to cars and opens to live music, local artisans

Music on the Beach (Fri 6-8:30 pm) Kings Beach

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What happens now?

Home sales at Lake Tahoe are down 20 percent over last year at this time. But the median sales price inched up 2 percent, continuing a trend that has sustained upward pricing momentum since 2013, when overall home values began rebounding from recession-era pricing. 

While that might signal that the market is in for a correction, we’ve seen similar numbers at the lake in past years without a drop in value.  The mid-year numbers in 2014, for example, looked a lot like today. Sales were down 18 percent from the year before, but the median sales price was up 3 percent.  Prices might have been expected to cool, but on the contrary, the median sales price shot up 13 percent the following year, and 2016 was a banner year, with home values

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The growing popularity of short-term rentals has sparked a homeowner backlash in the Tahoe region, leading to restrictions in some parts of the Basin and even new home developments in Reno. So far, those restrictions do not seem to have had a dampening effect on the real estate market.

From South Lake Tahoe, which found itself in court after trying to phase out short-term rentals, to Washoe County, which is considering regulations that could affect Incline Village and parts of Reno, public officials are grappling with the same question: Should you be allowed to buy a home or condo and run it like a motel?

Back in the days before “Airbnb” became a verb, that question never really entered the public arena.

Short-term rentals (STRs) have long

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A Room

with a View is just the beginning ...

Kings Beach Cabin

Remember your Best Tahoe Summer?

Our clients do. And it began and ended at Kings Beach ... in a Classic Tahoe cabin with multiple decks and views of the lake that offer a front row seat to the 4th of July fireworks, a cozy hearth to retire to in the evening, and one of the most convenient locations for boating, swimming, and dining that all of Tahoe has to offer ...

 

Old Tahoe Craftsmanship meets Modern Convenience

You can't build a home like this anymore. And our sellers know that.

Radiant in-floor heat adds to the easy comfort of this downstairs bunk room with French doors to the outdoor paver patio

 And Trex decking makes the this indoor/outdoor living space easy

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No surprise to locals, but Truckee has been ranked as the 4th safest city in all of California.

The Town with a 19th Century history of bar brawls and gun fighting was beat only by the tony Bay Area community of Hillsborough, Palos Verdes, and Imperial (where you might find more cows than people).

Truckee Crime

Good thing the Safety Pollsters didn't collect data on ski injuries! 

If you are considering a home purchase here, CLICK HERE for a link some great properties for sale.

Here is a link to the Full Report

 

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Lahontan Home Sales up 41% over 2017

With interest rates up, and today’s stock market feeling like a roller coaster ride, the economy ended 2018 on wobbly knees. But that does not seem to have dampened enthusiasm for the Tahoe/Truckee real estate market, which closed out the year with a record $1.3 billion in sales.

Fewer homes sold than in 2017, but higher prices pushed the region’s overall volume up to a record high that’s almost three times the dollar volume that sold a decade ago, when the slide into the recession had just begun. Tahoe/Truckee single-family home sales were up last year almost $174 million over 2017.

New construction has certainly contributed to the gain. We have more homes now than we did a decade ago — that’s a fact.

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**Click here to View Tahoe Donner Homes for Sale**

With some 6,000 homesites and close to a 60-year history, Tahoe Donner is not exactly a "secret." But, hey, we've been discovered by the Merc now! 

Tahoe Donner in the SJ Merc

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From the soaring great room windows to the pine wrapped paneling, pride of craftsmanship is evident in this 4-bedroom Truckee cabin. It was built in 1989 by a noted custom builder and has been owned ever since by the same family, who have taken loving and meticulous care of it over the years. 

 

With 4 bedrooms, this Craftsman home offers space for the whole family. An upstairs master with walk-in closets and en-suite bath offers privacy, while the downstairs den and extra bedroom creates the perfect spot for guests and children to entertain themselves.

The location could not be better. Set on a quiet street near the Tahoe Donner Golf Course, the property gets great sun. Mature pines offer privacy and a retreat the pace of city life, while

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