Despite Challenging Market Conditions, The Median Home Price in Lake Tahoe Was Up 5% In 2022 The North Lake Tahoe, CA real estate market started 2022 as an aggressive continuation of 2021 with above-average demand and limited housing inventory, resulting in a frothy real estate market with short marketing times and most homes selling with multiple offers and above asking Read More
Truckee Commercial Office Building Congratulations to our client who just purchased this 6,235 SF mixed-use commercial business center in an amazing Truckee location close to Donner Lake and I-80. This commercial property features mountain architecture with an adaptable floor plan and common area facilities that can serve up to eight separately metered Read More
Tahoe Real Estate Posts Lowest Number of Sales Since 2008 With mortgage interest rates hovering around 7%, an aggressive Fed battling inflation, and a barrage of negative news flooding our screens, it's no wonder the North Lake Tahoe, CA real estate market has seen a significant volume slowdown since 2021. In the last 16 years, we have only had 1 other year where only 68 Read More
Home Sales are Outpacing New Listings in N. Lake Tahoe, CA The North Lake Tahoe, CA real estate market has seen a significant slowdown since peak market pricing in Q3 of 2021. With that noted, pricing remains on an upward trajectory in Q3, and currently, sales volume is outpacing the number of new listings. With recent sales outpacing listing volume, the Tahoe Read More
The Lake Tahoe Real Estate Market is Battling Fear, Uncertainty, and Doubt The North Lake Tahoe, CA real estate market has significantly slowed over the last 4 months due to uncertainty, fear of a possible recession, a weak stock market, and rising mortgage interest rates. Although the market has slowed in terms of buyer activity and the volume of homes sold, pricing Read More
Lake Tahoe Real Estate Market Returns to Stabilized Conditions The Lake Tahoe, CA real estate market has been softening over the last 3 months, and we have decidedly seen a shift from a strong seller's market to stabilized market conditions with supply and demand in balance. Inventory has risen during the summer of 2022, but we are still at historically low Read More
