Found 2 blog entries tagged as martis camp real estate.

Despite news of inflation and a stock market that's been pummeled by the Fed's unrelenting attack on interest rates, homes in gated golf course communities around Lake Tahoe continue to show strong sales.  As of this writing (Sept 23), 79 homes have sold this year in gated communities from Truckee (home to the Martis Valley trio of Lahontan, Martis Camp & Schaffer's Mill) to the East Shore of the Nevada side of the Lake, where money is consistently flowing into Clear Creek, a gated golf course community off Highway 50 with its own lakefront clubhouse at Tahoe.

Many of these sales are cash, which suggests that luxury real estate continues to be a good investment when the stock market is on wobbly knees.

Here's the quick wrap:

Clear Creek,…

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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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