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I was showing houses in Truckee the week before Christmas, and Bay Area buyers asked if they should wait to buy, questioning what will happen in 2020.  Would prices go down?

Analysts like to talk about the housing market on a “national” level, and while that’s great for economists and forecasting, it doesn’t really tell you anything about what will happen on the micro level here in Tahoe.

A home at Lake Tahoe is not the same as a home in Detroit. And the buyer looking to invest in a vacation home, which is largely what we offer here in Tahoe, has a different set of goals and finances than the person looking for a roof over their head.

The overall Tahoe market looks pretty much the same as it did in the middle of 2019, with prices inching up…

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