Residential Sales Summary 2020 Total Residential Sales: How busy is the Tahoe/Truckee real estate market? Record shattering . . . The last 5 months has been the busiest period the Tahoe Truckee real estate market has ever seen. In mid May activity surged and hasn’t showed any signs of slowing down. Activity has blown by what we Meet Our Team
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Three Ways Low Inventory Is a Win for Sellers
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s available for sale, it’s a great time for Meet Our Team
Tahoe’s Best Fall Hikes
Time to dust off your favorite hiking boots, bundle up, and embrace the solitude and beauty of Lake Tahoe in the fall. Locals know autumn is one of the best seasons to hit the trails because an array of colorful foliage, cooler days, and fewer crowds are all the motivation we need. From Mount Tallac to Five Lakes, here are our top five picks for Tahoe’s best fall Meet Our Team
#1 Reason Not to Wait to List Your House for Sale
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a Meet Our Team
Do You Have Enough Money Saved for a Down Payment?
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested in purchasing a home over the next 12 months. The study Meet Our Team