Record snowfall in February brought sales numbers in almost identical to snowmageddon February 2017. Squaw Valley reported just over 300 inches or 25 feet of snow in February this year eclipsing their biggest single month snowfall record which was January 2017. You Continue Reading
January total sale numbers came in only marginally lower then last year. That is very good news when you consider the stock market was in turmoil, the government shut down was well under way and interest rates were near recent highs. Final sale volume numbers were down by a Continue Reading
A significant drop of 37% in total sales for December did not come as a complete surprise. We knew a drop was coming but didn’t think it would be by this much. While most regions are seeing declines in the teens or single digits we saw bigger declines. A decline of 23% in Continue Reading
Post elections and things are status quo on the real estate propositions 5 and 10. I am not surprised with the public not wanting change. While I did believe proposition 5 had some good potential to effect change it was not for the same reasons they were selling it on. It Continue Reading
A little bit of everything. Overall sales remained strong though it seemed we started to see a slight market shift. Sales volume did increase in Tahoe Donner but declined in the basin, Squaw / Alpine and greater Truckee. By the numbers TD increased sales from 29 to 37 or 27% Continue Reading
Apparently, the crystal-clear blue waters of Lake Tahoe are being rediscovered. Sales for the month of August in the basin jumped by over 20%,from 53 to 65 sales, compared to a year ago. The increase was almost exclusively in single family homes. This occurred Continue Reading
After a strong start to the year with the light winter conditions, it would appear the heavier winter weather of March did have an effect. With 80 total sales in April we were actually 4 sales behind last year. Last year sales, because of the huge winter were 22 fewer then Continue Reading
The early signs of a dry winter may be starting to surface. Likely not in the way you think. At the end of February 2017 we had huge amounts of snow everywhere and it was a struggle to just get around let alone sell real estate. The thing to recognize is that prior to the Continue Reading
What constitutes an inventory emergency, how about just 20 homes and 5 condos available for purchase in Tahoe Donner as of today. Homes ranging from $519,000 to $1,325,000 and condos ranging from $249,000 to $559,000. With over 5,000 homes and condos a total of 25 properties Continue Reading
