Enjoy Spectacular Scenery and the Great Outdoors from Zephyr Cove Resort in South Lake Tahoe (Lake Tahoe Real Estate Blog / March 2, 2011 / Richard Bolen) Hey, with all the great snow we've been getting recently, and the blue skies which follow, our thoughts turn once again to one of the many exciting ways to enjoy the many natural wonders with which South Lake Tahoe has been blessed…….snowmobiling ! Snowmobiling at Lake Tahoe's Zephyr Cove Resort puts you on top of the world, with cruises over mountain meadows to peaks nearly 9,000 feet above sea level. Glide through towering pine and aspen, breathing in the fresh air and marveling at the amazing scenery. This is an unforgettable tour, whether you’re a novice or a seasoned snowmobile enthusiast. All tours are run by expert guides. Zeph... 03/04/2011

This stunning Heavenly/Bavarian "stay and play" Condo is situated perfectly in the Heart of The Bavarian Village Resort and based minutes from World Class Heavenly Mountain Resort, World Famous Stateline Nevada and of course all that Lake Tahoe has to offer in the way of Beaches, Hiking, food, gaming and all sorts of indoor/outdoor adventure. This wonderfully appointed condo has been requested over and over again by past guests and is always in demand and for good reason...it has everything the Lake Tahoe traveler will need for their daily outdoor excursions whether it be skiing, riding, mountain biking, fly fishing , hiking or just re-charging the batteries and upon returning from your adventures this perfect Bavarian retreat will work absolute wonders for your Lake Tahoe vacation. Ba... 03/04/2011

February 2011 South Lake Tahoe Sale Statistics South Lake Tahoe sales statistics for February 2011 were down compared to the past three months.  The total units sold in February 2011 was 30 units, down from January 2011 (40 units). The total dollar value sold in February 2011 was $10,703,100, down from January 2011 ($14,071,990). The average sales price in February 2011 was $356,770, up from January 2011 ($351,800) The median sales price in February 2011 was $269,200, down from January 2011 ($305,500).  That's down 11.88% from January 2011.  The REO (bank owned) homes sold was 10 units, up from January 2011 (7). The short sale homes sold was 5 units, down from January 2011 (10). Although these numbers seems to be going down, remember that February only has 28 days.  It's the shortest mo... 03/02/2011

Comprehensive virtual tour lists for South Lake Tahoe and the Lake Tahoe Nevada south and east shores have been updated. They can accessed by clicking the following links: South Lake Tahoe virtual tours Lake Tahoe Nevada virtual tours The following virtual tours were added (click on property address for property details): 1174 Lindberg Ave. - $599,000 - Virtual Tour 783 Colorado Ave. - $599,000 - Virtual Tour 1055 Eagle Ln. - $619,000 - Virtual Tour 852 Panka St. - $779,000 - Virtual Tour 473 Andria Dr. - $510,000 - Virtual Tour South Tahoe Real Estate 02/25/2011

02/20/2011

One Week to Go for our Free Public Seminar (Lake Tahoe Real Estate Blog / February 19, 2011 / Richard Bolen) Though you might be interested in seeing what we’re doing on Facebook today. The following is going out to select Facebook friends who have an interest in South Lake Tahoe. (We’ve been working on it… when awake since Jan. 29th, and it’s in the final tweak stages, Multi-media and fun all the way it is.) South Lake Tahoe multi media “good stuff to know” show The idea is how to find a way to make real estate information fun and interesting. And we have done that. If you know of anyone you know who might be interested, if you would let them know about our Feb. 26 seminar about south lake tahoe real estate, we would be most grateful. It’s got a bit of theater, good laughs, a free cont... 02/20/2011

Wordless Wednesday...Snow in South Lake Tahoe We finally got some real snow in South Lake Tahoe.  The last time we had decent snow was probably back in December 2010, almost two months ago.  It's suppose to snow till the weekend.  Just in time for our big President's Day weekend here in South Lake Tahoe. I stopped by the Bijou Golf Course to take this photo of the snow in South Lake Tahoe.  The visibility was pretty bad.  I was only able to see 8 feet ahead of me when driving through the neighborhood. I wish I can hit the slopes tomorrow for some fresh powder.  We'll see... I hope everyone else is staying warm and cozy. 02/16/2011

02/13/2011

We’re running 900 of these across the South Lake Tahoe cable television system. (Lake Tahoe Real Estate Blog / February 11, 2011 / Richard Bolen) This will become the prototype for more television spots on a host of different things yet to come, and this one came with a bit of a learning curve. That’s the case for most things technical these days. With the market doing a little better, and South Lake Tahoe, CA housing demand up by 16+% over the last year, we think its a good time to start doing our real estate seminars again. We did six of these starting in November of 2006, which ran into the first quarter of 2008. The focus of this first new seminar, Feb. 26, 2011 from 9am  to noon in the Board Rm at Lake Tahoe Community College, is on helping buyers buy and sellers sell. The headline... 02/13/2011

For South Lake Tahoe, we’d like even better news… but it’s not getting worse. (Lake Tahoe Real Estate Blog / February 10, 2011 / Richard Bolen) Three recent articles say our economy continues to improve slightly, and that’s good for South Lake Tahoe. We think it still wise to temper anything suggesting good news, but what is apparent for sure is we’re not seeing worse news. All of us have had plenty enough of that. The news here has much to do about jobs, and inflation, or the lack of it, and as we’ve been writing about for the last few years, we’re not going to see real growth in the housing industry  until we see a growth in jobs. Amid these better news times, we might add, the South Lake Tahoe median sold price continues to decline slightly: it’s $282,05 00 now (not including Tahoe K... 02/12/2011

No Foreclosure Deluge yet in South Lake Tahoe, and distressed sales inch downward by 3.2% in last 180-days (Lake Tahoe Real Estate Blog / February 9, 2011 / Richard Bolen) Here’s a review of the incidence of South Lake Tahoe, CA distressed property sales, plus an update on the effect of foreclosures and short sales on home values in the last 180 days. Distressed property sales became a factor on the market in 2008. Of the 354 South Lake Tahoe, CA homes sold that year, 20% were distressed, either a bank owned or a short sale. In 2009, the incidence of distressed property sales doubled. 39.9% of all 436 South Lake Tahoe, CA homes sold were distressed properties. There was not as significant a jump  in distressed property sales in 2010. 46.4% of all 507 South Lake Tahoe, CA 2010 home sale... 02/11/2011

Two weeks ago, I added new pages to my website that list and link all virtual tours for South Lake Tahoe and the Lake Tahoe Nevada south and east shores. I recently updated those pages. They can accessed by clicking the following links: South Lake Tahoe virtual tours Lake Tahoe Nevada virtual tours The following virtual tours were added (click on property address for property details): 806 Merced Ave. - $295,000 - Virtual Tour 1651 Venice Dr. - $519,000 - Virtual Tour 4081 Greenwood Rd. - $1,395,000 - Virtual Tour 10 Lighthouse Shores Dr. - $3,595,000 - Virtual Tour South Tahoe Real Estate 02/10/2011

When purchasing a property in South Lake Tahoe there are some regulations that you are going to want to know about. One of these regulations is the Tahoe Regional Planning Agencies "Wood Heater Retrofit Program". The TRPA requires that if there is a wood burning stove in a property, it must be certified by the EPA. An EPA certified wood stove has been independently tested by an accredited laboratory to meet a particulate emissions limit of 7.5* grams per hour for noncatalytic wood stoves and 4.1* grams per hour for catalytic wood stoves.  Click on the following link for the List of EPA certified Wood Stoves.   If there is a wood stove in the property that is not approved by the EPA then it must be removed prior to the close of escrow. South Y Fireplace  has a wide selection of both TRPA... 02/09/2011

Finally, a decent study on how much it costs to over list a South Lake Tahoe house… and this is only one seminar slide! (Lake Tahoe Real Estate Blog / February 7, 2011 / Richard Bolen) We haven’t done one in a while, but with the market getting somewhat  better we thought it would be helpful to start our South Lake Tahoe real estate seminars once again. The last one we did was in the spring of 2008. Our new seminar will focus on two things: the two fundamental fears that all home buyers face, and must overcome, and how to cope, find fun and sell with success in the South Lake Tahoe real estate climate of today. (Information is King!) The seminar will be held on Saturday, February 26, 2011 from 9am to noon in the Board Room at Lake Tahoe Community College. It is FREE to the public. In th... 02/08/2011

A Focus on the NV side of South Lake Tahoe in the autumn of 2002. (Lake Tahoe Real Estate Blog / February 1, 2011 / Richard Bolen) This is the first of a new series that we will do that brings to forth what we were doing before we started this blog. It all has to do with South Lake Tahoe real estate information. When we complete this series, we’ll wrap it up with a discussion about what led to us to do these newsletters, which ultimately became the basic foundation thoughts for doing this blog. So this was our first newsletter (download pdf below). Because we did not have our California real estate license yet, it focuses on the Nevada side of South Lake Tahoe only. Back then the median sold prices for all 2001 and 2002 sales on the Nevada side of the market were $436,800 and $496,320 r... 02/08/2011

… or the Joy of Having a South Lake Tahoe Real Estate Partner (Lake Tahoe Real Estate Blog / January 30, 2011 / Richard Bolen) The good news is we got fresh snow in South Lake Tahoe last night. The bad news is I’ve been prone and dumb as a rock since last Thursday, which means I have not been able to go out and enjoy the new powder. Better news though, is having a partner, my brother and our people person extraordinaire, means we’re never down when one of us under the weather. So Gary has been showing some of our listings for the last three days… while I have been contemplating… well, fevered glop would be a start. We’re showing our listing at 1541 Tam O Shanter today, and truth be known I don’t know why it isn’t in escrow already. It’s a great house at a great price (here). While Gary ... 02/08/2011

South Lake Tahoe Sale Statistics for January 2011... January 2011 sale statistics compared to the previous months shows that we took a small dip in the market.  Not too bad. The total units sold in January was 40, same as December 2010 (40 units). The total dollar value sold in January was $14,071,990, down $2,127,935 from December 2010 ($16,199,925). The average sale price in January was $351,800, down $53,198 from December 2010 ($404,998). The amount of REO's sold in January was 7, down 10 from December 2010 (17). The amount of short sale sold in January was 10, up 4 from December 2010 (6). I just checked what's pending and the numbers look promising.  There are currently 78 pending.  Of course 28 out of 78 are short sale.  We already have 4 sold since February 1, 2011.  So, I'll keep... 02/05/2011

Our Spring 2003 Focus on all 2002 real estate activity in South Lake Tahoe, CA. (Lake Tahoe Real Estate Blog / February 3, 2011 / Richard Bolen) This was our first South Lake Tahoe, CA Real Estate Update Newsletter. We published it in the spring of 2003 at the same time we produced the newsletter for the Nevada side of the market (download pdf below). When we complete this new series of printed newsletters that eventually became the foundation of this blog, we’ll wrap it up with a discussion about what led to us to do these newsletters, which is both fun for us to recollect and bring forward. In South Lake Tahoe, CA then the median sold prices for all 2002 sales was $263,040. It was $237,120 in 2001. (This does not include the Tahoe Keys). And here’s our opening summary in that first CA... 02/05/2011

Lake view land for sale in South Lake Tahoe... These are incredible lake view land for sale.  Two are in Heavenly Valley and one in Montgomery Estate area of South Lake Tahoe.  Looks like the lowest priced lake view land for sale starts at $309,000.  (Click on the photo below to see each listing) Price: $309,000  MLS #: 112966 Price: $375,000  MLS #:  115350 4273 Saddle Rd 2347 Cold Creek Trl South Lake Tahoe South Lake Tahoe Cross Street: Bridle  Lot Size: 18000 Cross Street: Del Norte  Lot Size: 10900 IPES: 492  Sub Type: Vacant Land IPES:   Sub Type: Vacant w/Allocation APN: 028-161-14-100  % Coverage: 1 APN: 025-602-11-100  % Coverage:      Price: $575,000  MLS #: 114188   1680 Sherman Way   South Lake Tahoe   Cross Street:   Lot Size: 13591   IPES: 427  Sub Type: Vacant w/Allocatio... 01/30/2011

Foreclosure homes for sale in South Lake Tahoe...part 2 of 2 Currently, there are 24 foreclosure (REO, bank owned) homes for sale that's price up to $300,000. Listing# Price Address Area   BD   BA Approx Square Feet Lot Size DOM/ CDOM       116838 94,900 1154 Margaret Ave Y Area 2 0.75 578 4994 101/101   116943 126,000 2654 Armstrong Ave Sierra Tract 2 1 864 5000 74/74   116909 139,000 1897 Delta St Y Area 3 2 1050 5000 80/80   117072 144,900 1113 Dedi Ave Y Area 3 1.75 1612 4994 23/23   116362 149,625 967 Kiowa Dr N Upper Truckee 1 2 1 912 11190 205/205   117117 149,900 3682 Alder Ave Bijou 1 2 1 572 5009 10/153   116830 164,000 2515 Armstrong Ave Sierra Tract 2 1 963 5001 65/65   116579 165,900 1046 Herbert Ave Bijou 1 3 2 1248 5009 141/141   117084 169,000 2505 Chris Ave Sierra Tract... 01/30/2011