lake tahoe real estate blog: South Lake Tahoe, CA Housing Demand Decidedly Up - 08/31/12 12:27 AM
The Most South Lake Tahoe, CA Home Sales Since 2005.
(Lake Tahoe Real Estate Blog / August 30, 2012 / Richard Bolen)
Yes, South Lake Tahoe housing demand is on it's most torrid pace since our market high 7 years ago. This is a good thing for our housing market indeed.
What's perhaps even better for today's South Lake Tahoe home buyer is interest rates are still astoundingly low (about 3.5%), and South Lake Tahoe home prices are still very, very low. The median sold price of home sales in the last 180-days is $226,000. Last April it was $220,000, … (0 comments)

lake tahoe real estate blog: Mortgage Rates Plunge Past Point Where They Began - 07/06/12 05:18 PM
Historic Low Home Loans Now at 3.62% Fixed Rate
(Lake Tahoe Real Estate Blog / July 5, 2012 / Richard Bolen)
Yep (and Eureka!), fixed mortgage interest rates fell again today to new record lows for a 30-year home loan. We don't know what could be better news for South Lake Tahoe home buyers.
According to the Associated Press article, this record plunge provides more incentive to brave a modestly recovering US housing market.
Today's 3.62% interest rate is the lowest since long-term interest rates began in the 1950's.
Also found in the article: Cheap mortgages have provided a lift to … (2 comments)

lake tahoe real estate blog: Characteristics Of South Lake Tahoe, CA 2012 Distressed Home Sales - 05/15/12 11:42 AM
Greater Percentage of South Lake Tahoe, CA distressed sales this year than last… while housing demand continues up… and home values decline. (Lake Tahoe Real Estate Blog / May 13, 2012 / Richard Bolen)
ere at the middle of the second quarter in 2012, lets take a look at current South Lake Tahoe, CA real estate home sales trends. The goal is to see if anything new has emerged since we last looked closely at the end of Q1.
We'll look at demand and median sold prices first, then look closely at the incidence and characteristics of South Lake Tahoe, CA … (0 comments)

lake tahoe real estate blog: Tracking South Lake Tahoe, CA Home Values - 04/21/12 12:46 PM
Median Sold Prices continue to decline in South Lake Tahoe, CA… and that's great news for home buyers. (Lake Tahoe Real Estate Blog / April 19, 2012 / Richard Bolen)
We've been tracking median sold prices on this blog since we started this blog in February, 2007. Much more so than looking at average home prices, which can be more skewed by sales at either end of the price range spectrum, median sold prices are the best general indicator of home values available.
Remember, in math the median is the middle number in a list of numbers. That is true when … (0 comments)

lake tahoe real estate blog: South Lake Tahoe, CA 2012 first quarter real estate report - 04/21/12 12:45 PM
Demand Up, Prices Down, Distressed Property Sales and Sales under $300,000 Increasing.
(Lake Tahoe Real Estate Blog / April 18, 2012 / Richard Bolen)
This is the bottom line for the first quarter 2012 for the South Lake Tahoe, CA housing market: housing demand is up by 9 home sales over this same time period last year; home values are down by 9.5% from what they were at the beginning of the year; the percentage of distressed properties sold has increased by 28% over what they were in Q1 of last year, and the percentage of properties sold under $300,000 … (0 comments)

lake tahoe real estate blog: A Detailed Look at South Lake Tahoe, CA Homes for Sale Demand - 04/19/12 12:00 PM

Appetite continues increasing for South Lake Tahoe, CA homes for sale. (Lake Tahoe Real Estate Blog / April 17, 2012 / Richard Bolen)
Lets take time to review South Lake Tahoe, CA housing demand for the last decade. Here we'll look more closely at the number of annual sales, but one of the charts below will also give you a month-to-month look at sales volume as well.
What this study tells us is South Lake Tahoe, CA housing demand is higher now than at any time in the last 6 years, and the first quarter of this year is on … (0 comments)

lake tahoe real estate blog: South Lake Tahoe, CA neighborhoods: The Tahoe Keys luxury real estate listings, home sales and values - 04/18/12 12:39 PM
South Lake Tahoe luxury home neighborhoods: The Tahoe Keys home values $41,500 lower in the last 365-days. (Lake Tahoe Real Estate Blog / April 16, 2012 / Richard Bolen)
Lets track South Lake Tahoe, CA neighborhood home values by year since 2003. As the chart below indicates, here are the median sold prices for The Tahoe Keys neighborhood for the last decade.
 The Tahoe Keys Housing Values : Median home values in the Tahoe Keys declined by $84,000 from 2010 to 2011. In the last 365-days, the median sold value has declined by $41,500, or almost half of the total decline … (0 comments)

lake tahoe real estate blog: US Housing in Recovery? - 04/18/12 12:34 PM
Various Positive Factors, plus an unseasonably warm first quarter encourages US Home Buyers (Lake Tahoe Real Estate Blog / April 15, 2012 / Richard Bolen)
We found today's Associated Press article interesting, and we certainly like any news that points to a long awaited housing recovery.
The article says reduced prices, historic low mortgage interest rates and an improving jobs market are inspiring many home buyers. It cites that open houses are being heavily attended, and a new wave of foreclosures will lead investors to housing opportunities.
Here's a few more points in the article (full version here):
Many feel that … (0 comments)

lake tahoe real estate blog: A South Lake Tahoe, CA Neighborhood Home Value Study - 04/01/12 03:40 PM
Home Sales, Values and Distressed Frequencies by South Lake Tahoe, CA Neighborhood
(Lake Tahoe Real Estate Blog / March 30, 2012 / Richard Bolen)
As we approach the end of the first quarter of 2012, we thought it would be helpful to review the South Lake Tahoe, CA real estate market from the point of view of its various neighborhoods.
For this study lets look at the top three South Lake Tahoe, CA neighborhoods in the following categories, and below that is the source materials for the information herein.
  Highest Median Sold Price : The top three South Lake … (0 comments)

lake tahoe real estate blog: US Home Contracts Dipped in February: So what about South Lake Tahoe? - 03/29/12 12:00 PM
 Number South Lake Tahoe, CA Homes in Escrow… not much different now than it was two years ago.
(Lake Tahoe Real Estate Blog / March 27, 2012 / Richard Bolen)
The number of Americans who signed contracts to buy U.S. homes dipped in February from nearly a two-year high. According to today's Associated Press article, this is a mixed signal ahead of the spring home-buying season. The question is, how does this relate to South Lake Tahoe?
Home signed contracts are another means of describing homes that are in escrow. First a few bullet points from today's article (in full … (0 comments)

lake tahoe real estate blog: We really like this one: Jobless Rates for US Veterans Plunges - 03/18/12 10:34 PM
 More Jobs for Returning Veterans is good for us all.
(Lake Tahoe Real Estate Blog / March 16, 2012 / Richard Bolen)
Being the sons of a retired US Army infantry colonel, army brats we are, this is a particularly nice report for us to pass along. Anything that is good for those who serve us is always joyful for us.
Today's report about veterans and civilian jobs comes from CNNMoney.com. The news is more veterans are coming back from war and getting back to work in the civilian job force, thanks to efforts by both employers and the government, as … (1 comments)

lake tahoe real estate blog: US Unemployment Rates keeps getting better, and that’s food for South Lake Tahoe! - 03/18/12 11:35 AM
 An increase in US hiring whets every home buyer's appetite.
(Lake Tahoe Real Estate Blog / March 15, 2012 / Richard Bolen)
We're seeing this often these days, and here's today's take on the weekly US report: "fewer people sought U.S. unemployment benefits last week, adding to signs that the job market is strengthening." Like everywhere, this is certainly good news for South Lake Tahoe too.
More hiring means more jobs and more folks working, and that's fundamental to a quicker return to a full functioning, healthy housing market, both across the country, and here in South Lake Tahoe.
Here's … (0 comments)

lake tahoe real estate blog: The Effect of Listing Too High: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/26/12 09:21 AM
Helping the South Lake Tahoe, CA Home Seller sell their house (pt 5)
(Lake Tahoe Real Estate Blog / February 24, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is the last in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to sell … (1 comments)

lake tahoe real estate blog: The Odds of Selling: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/25/12 11:01 AM
Helping the South Lake Tahoe, CA Home Seller sell their house (pt 4) (Lake Tahoe Real Estate Blog / February 21, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part four in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to sell it … (2 comments)

lake tahoe real estate blog: Characteristics by Size: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/25/12 10:56 AM
Helping the South Lake Tahoe, CA Home Seller sell their house (pt 3) (Lake Tahoe Real Estate Blog / February 20, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part three in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to sell it … (0 comments)

lake tahoe real estate blog: Characteristics by Price: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/20/12 10:11 AM
Helping the South Lake Tahoe, CA Home Seller sell their house (pt 2) (Lake Tahoe Real Estate Blog / February 18, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part two in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to sell it … (0 comments)

lake tahoe real estate blog: US Unemployment Applications at 4-Year Low. - 02/19/12 10:56 AM

 No debate about it; this is more good economic news.
(Lake Tahoe Real Estate Blog / February 17, 2012 / Richard Bolen)
In the most recent signal that the US job market continues to improve, today's report cites unemployment claims fell to the lowest point in the last four years.
As reported by the Associated Press, weekly unemployment applications fell 13,000 over last week to 348,000 claims this week. Here's a few bullet points in the report:
This is the fourth drop in five weeks. This is the fewest number of claims since March 2008 – six months before Lehman … (0 comments)

lake tahoe real estate blog: Absorption Rates: one of the Top Five Things a South Lake Tahoe Home Seller Needs to Know - 02/19/12 10:45 AM
 
 Helping the South Lake Tahoe, CA Home Seller sell their house (pt 1)
(Lake Tahoe Real Estate Blog / February 16, 2012 / Richard Bolen)
One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that, there is much a seller needs to know, comprehend and ultimately accept. This is part one in a five-part series to help all home sellers.
In general, and this is the bottom line, a seller needs to price their house properly to … (0 comments)

lake tahoe real estate blog: The Top Five Things a South Lake Tahoe, CA Home Seller Needs to Know - 02/19/12 10:37 AM
 Helping the South Lake Tahoe, CA Home Seller sell their house (intro)
(Lake Tahoe Real Estate Blog / February 14, 2012 / Richard Bolen)
One of the things we do is provide as much information as possible to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept.
This is our introduction to a new five-part series that will help all home sellers. The next five posts will focus on each of the top five things a seller needs to take into … (0 comments)

lake tahoe real estate blog: South Lake Tahoe, CA Home Values… Then and Now. - 02/13/12 02:36 PM
Tracking the South Lake Tahoe, CA Median Sold Price… since 2007.
(Lake Tahoe Real Estate Blog / February 11, 2012 / Richard Bolen)
We track South Lake Tahoe, CA home values by the median sold price. We've been doing this since 2001, in print via our newsletters from 2001 to 2006, and online since we started this blog in February 2007.
Since then we've been tracking the South Lake Tahoe, CA median sold price in the chart found below. Our first entry unto it was April, 2007. We thought it worthwhile to review it… on this 5th anniversary of The … (0 comments)