Jim Wire's (hotwire) Blog

I'm not telling you anything new that you haven't heard already when I say; "When the market is on the rise, you'll realize that the market has passed the bottom".  Isn't that the truth.  All of the buyers that I'm working with are eagerly anticipating the bottom of the market.  As you have been ...

Forclosures continue to rise, developers stop building, banks tighten money, oil prices threatening to exceed $100 per barrel, home values continue to drop and now Recession is becoming the top of the news.  If things weren't bad enough, it could still get worse.  Welcome to the new year, 2008.In...

In today's real estate market, there are incredible opportunities for buyers.  In some areas of South Lake Tahoe we are seeing values that we haven't seen in years.  Prices are more affordable and reminiscent of 2004.  For example, I just sold a 2000SF home on an acre of land for only $400,000.  ...

The overall market in South Lake Tahoe is relatively stable.  It was surprising to find that our inventories did not exceed last year's peak.  This could be attributed to healthy activity within both the high and low end of the market. This was clearly evident this past year when a three of my cl...