A Severe Winter and Limited Inventory are Slowing Down the Tahoe Markets The North Lake Tahoe and Truckee real estate markets are still recovering from a significant winter which brought over 59 feet of snow to the higher elevations of Tahoe. During this “snowpocalypse” we saw a huge downturn in buyer activity during February, a month in which we received over 25 feet of Read More
A Severe Tahoe Winter and Limited Inventory Caused a Slowdown in Q1 2019 The severe winter of 2019 brought over 55 feet of snow to Squaw Valley and has caught up with the Lake Tahoe real estate markets causing a rough finish to Q1. The quarter started off strong but the heavy snows kept buyers at bay and constrained inventory levels took a toll on the market leading to a Read More
North Lake Tahoe and Truckee Real Estate saw 98 single family home sales in the month of November which pushed single-family home sales to $1.25B setting a new sales volume record and there is still a month of sales left to go in 2018! The success of this year is attributed to the strength of the luxury markets and the fact that 29% of all single-family home sales in 2018 Read More
Is it a Good Time to Purchase Lake Tahoe Real Estate? In the 4th quarter of 2018 we continue to see inventory constraints and a constant increase in the buyer base (more people coming into market). The number of distressed sales (REO and Short Sales) has been on a downturn since 2012 and is at the lowest level since the last recession. Meanwhile, the average and Read More
Total Dollar Volume on Pace to Set a Record in 2018 The 3rd Quarter of 2018 was another record-breaking quarter for North Lake Tahoe, CA and Truckee real estate. Most notably, total dollar volume for single-family homes is now at $996M (up 19%) which is incredible as we have only had 2 other years with over $1B in sales volume and it appears that this will be the Read More
Tahoe Luxury Real Estate Sales Push the Market Higher in 2018 August 2018 was an incredible month for North Lake Tahoe and Truckee real estate sales, further solidifying the Lake Tahoe region as a California “power market” with over $185M in single-family home sales in the month of August! The total dollar volume for single-family homes is at $891M which is a 28% increase Read More
