Real Estate Blog

It is pouring rain at Lake Tahoe today; not quite normal for this time of year ... but what I have learned in two decades of owning property here is that there is no consistent "normal." The mercury is in the 40s today, and it's predicted to dip to below zero a week from today. Tips for Winterizing Tahoe HomesNegative -3 to be precise. Temperature swings of 40 to 50 degrees are common here in the mountains, and homeowners are well advised to take double precautions when winterizing their homes. 

I learned this the hard way. One winter we were out of the country, and advised our departing guests to just leave the heat on at the Truckee house. It was December, we'd be home in less than two weeks, and it seemed easier to just leave the heat on than to explain how to shut the water off

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Housing prices in Reno/Sparks are up 9% over last year this time, and my investor clients keep asking if the trend will continue (while my first-time homebuyers want to know when the bargains will return.) The answer to both lies in the Job Market.  Tesla aside, Reno has seen more than 100 new companies move to the area over the past five years. That economic growth has driven the price of homes up. Click here for a list of Reno homes priced under the $500k sweet spot.

A press release from the Economic Development Authority today notes that 27 new and expanding companies relocated to Reno this year so far, including Mishimoto Automotive, a manufacturer and distributor of high performance cooling systems.

"Mishimoto looked at several locations in the

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A client of mine looking for a lakefront property recently asked me to keep my eyes open for a bargain. You want a great price on a lakefront?  Buy it when the winter winds are whipping Lake Tahoe so hard that it feels like Lake Michigan. 

Check out these pictures taken from Incline's live webcam (very cool tool that updates every 5 minutes) ... to see what a difference a season makes!  

Most buyers align their goals with the season. In the Tahoe Sierra market this summer, we have had 21 lake or waterfront properties sell since June 1. And for ski properties?  Just 8 (half of them at Northstar).  But if you can think snow while everyone else is at the beach, there are some great deals to be had. Consider this awesome 3-bed, 3-bath Village condo

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So you want to build your own home?

What homeowner, over the years, hasn't considered this? Even those of us who have bought fully remodeled homes, come to see over time the little nuances of finish quality or floor plan that we would do differently if we were to do it ourselves ... the kitchen really needed a walk-in pantry, or the formal living room that seemed like such a great idea when you bought the home now feels like a waste of space. The list goes on.

Building is a great idea. Right up there with quitting your day job to take up writing or glass blowing, it's fraught with just about as much risk and unforeseen challenges. I know because I tried it. Almost 20 years ago, after losing a house we wanted desperately with sweeping view of Mt.

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OK, so you have made the decision to move ... or maybe you have to move for work, and you need to get your home sold quickly. Knowing no one in the business, you go with the gal your uncle recommended because she seems like a nice person and she agrees with you that your home is worth more than the one around the corner that sold for less. A week goes by with no offers. Then two. In fact, there are not only no offers; there are no requests for showings.

Now what?  Well, the sad truth is that your home is about to settle to the bottom of the pond.

Real estate is a very competitive business, and in the push to get a new listing, some agents will tell sellers what they want to hear to get a signature on the bottom line. In the industry, it's called

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As a realtor who works both sides of Lake Tahoe, I like to share with my clients the tax differences between the California and the Nevada side of the lake. As many people know, Nevada has no state income tax, no tax on inheritance, and no pension tax. But property tax bills can present similarly significant savings on the Nevada side of lake Tahoe.

Two lakefront properties that are currently for sale present an excellent example of how this is possible.  One is on the California side of the lake in Star Harbor, a marina just outside of Tahoe City fed by a year-round creek, with natural water features, and floating docks (in a good water year). It's Unit 20, pictured here, a beautifully remodeled lakefront 3-bedroom priced a bit above $1.5 million.

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As a realtor who works both sides of Lake Tahoe, I like to share with my clients the tax differences between the California and the Nevada side of the lake. As many people know, Nevada has no state income tax, no tax on inheritance, and no pension tax. But property tax bills can present similarly significant savings on the Nevada side of lake Tahoe.

Two lakefront properties that are currently for sale present an excellent example of how this is possible.  One is on the California side of the lake in Star Harbor, a marina just outside of Tahoe City fed by a year-round creek, with natural water features, and floating docks (in a good water year). It's Unit 20, pictured here, a beautifully remodeled lakefront 3-bedroom priced a bit above $1.5 million

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During the many years I lived in Tahoe Donner, one of my favorite spots was the Euer Valley, a pristine stretch of the High Sierra long owned by the family that bears its name. For many years, access to the valley floor was limited to the winter months, when the Tahoe Donner homeowner's association leased it for their cross country ski operations (38 miles of beautiful - and groomed - terrain).  The Euers ran cattle in the valley during the summer, and bikes or joggers were not allowed. That changed in 2011, when Tahoe Donner purchased almost 500 acres of the valley for year-round use. And a good thing is about to get even better ...

 Tahoe Donner is adding another 640 acres to this open space paradise with the purchase of Crabtree Canyon and the

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Some of Reno's most popular condo complexes are showing strong gains over last year, with median sales prices in areas like Silver Creek and Fleur de Lis up 30 to almost 40% over 2015.  At Silver Creek, just off the Robb Drive exit in NW Reno, 12 units (2+ bedrooms) sold in the 1st quarter of this year, compared to just 4 at this time last year. And the median sales price at Silver Creek is up to $157,500, just $1k under the median asking price. The highest price for a 2-bedroom so far this year is $165,000, and one of the 3-bedroom models fetched almost $190k.

With summer approaching, sales of condos like these with swimming pools tend to benefit from the rising mercury.  The Resort at Tanamera, which has a year-round heated pool, has seen prices

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An analysis of 1st Quarter home and condo sales in Tahoe/Truckee reveals that Tahoe Donner posted the strongest gains over this time last year.  From January to March of this year, 73 homes were sold in Tahoe Donner, more than a 50% gain over 2015. The median sales price also rose to $584,000, with the most expensive being a 4-bedroom home on Skislope that sold for $1.3 million cash (more than $200,000 over the asking price).  The "Lodgettes" near the Tahoe Donner ski area remained the most affordable way to dip a toe into the resort market, with prices still below the $80,000 mark for a studio.

Sales at the Lake were down slightly compared to the 1st quarter of 2015, with Tahoe City and the North Shore communities holding a steady pace with last

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