South Lake Tahoe, CA Real Estate News

By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
A 17.3% decline in the South Lake Tahoe, CA median sold price over the last 365-days. (Lake Tahoe Real Estate Blog / December 12, 2011 / Richard Bolen) At present the South Lake Tahoe, CA median sold price is $231,500. This is based on all sales in the last 180-days, with the Tahoe Keys not included. If the Tahoe Keys were included, the median sold price over the same time frame is $250,000. In other words the Tahoe Keys skews the South Lake Tahoe median sold price upward by $18,500, or 7.4%. Over the last 90-days, the South Lake Tahoe, CA median sold price is $227,900, and over the last 30-days it is $207,500. In other words South Lake Tahoe, CA home values are still trending downward. At this same time last year, the median sold price over 180-days, again with the Tahoe Keys excluded,...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Weekly US unemployment claims fall to nine-month low. (Lake Tahoe Real Estate Blog / December 8, 2011 / Richard Bolen) How better US jobs news is good for South Lake Tahoe is simply this: the national jobs market is directly tied to the housing market. Steady improvement in our country's employment picture will eventually lead to first, home value stability, and secondly gradual return to higher home values. What's good for today's home buyer is rising home values have not occurred yet, nor do we expect that in the near future. As one tracks the jobs market, though, there will become a point where it will cost more to buy a South Lake Tahoe home than it does now. Today's jobs report cited 23,000 fewer unemployment claims than were expected. Here's some bullet points in today's report a...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Progress is being made from our efforts to help you in South Lake Tahoe (Lake Tahoe Real Estate Blog / December 5, 2011 / Richard Bolen) At first the vision was to create new stat services for South Lake Tahoe home buyers to better recognize the deal they are looking for, and at the same time to provide a means to help a buyer understand when they are not paying too much. It took about a year to create this new tool, and it's been sitting here on our site innocuously on our site for about a month. What happened to change that original vision, though, is it has become apparent that these new tools are quite likely to become national real estate products. There has been much recent feedback to suggest so, and this feedback has caused some immediate changes here. First, we will be taking ...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Gratitude and Progress with Cataract Surgery (Lake Tahoe Real Estate Blog / December 4, 2011 / Richard Bolen) We must apologize for the gap in between our last post. South Lake Tahoe visuals have been just a little awkward with one eye, the new one, seeing things at 20-20, and the other eye seeing from a 20-400 point of view. My glasses with only one lens didn't change that oddness, and as my right eye healed, seeing so good and new that it did, things did get a little better, but not so much that I wanted to spend my days in front on computer screens. Focus just wasn't the same. Surgery for the left eye came last Tuesday. It too was quick, painless, and I was much looking forward to it. But the instant better sight that I experienced in my right eye didn't come with the new corrected ...
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By Drew Kondo
(Sierra Sotheby's International Realty)
The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1928 Haidas Cir. - $39,500 - vacant land 1223 Bonanza Ave. #36 - $59,000 - 2/1/0 condo 1142 Dedi Ave. - $89,900 - 2/1/0 3675 Tamarack Ave. - $90,000 - 2/1/0 516 Emerald Bay Rd. #433 - $93,500 - 1/1/0 condo 1234 Dedi Ave. - $99,000 - 2/1/0 3853 Lost Sheep Ln. - $100,000 - 2/1/0 3737 Paradise Ave. - $107,000 - 2/2/0 duplex 2616 A...
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By Sandy Wallace - REALTOR®, Santa Cruz CA Homes for sale
(eXp Realty)
What are you doing for Thanksgiving? This is one of my favorite holidays. Thanksgiving & Christmas in Tahoe.  It's going to be a great year for snow and this house comes with snow removal so you will get to come and go as you please. This home was completely remodeled last year with granite, tile carpet all new beds, couch, TV, internet service included. call Sandy 831-818-7099 http://www.vrbo.com/​131176   http://www.vrbo.com/131176        http://www.vrbo.com/131176 Stay in South Lake Tahoe! It’s a four bedroom two bathroom house with a hot tub in the back yard. This house sleeps 10 people with three queen size beds and 4 twin beds. This house is beautifully furnished with leather couches, and new wood dining table with setting for six at the table and four more at the counter. Kitchen...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Cataract Surgery brings a wonderful new focus to South Lake Tahoe. (Lake Tahoe Real Estate Blog / November 17, 2011 / Richard Bolen) Blues like I've never seen them before. Reds and greens too. And it's truly amazing. I had been told I would see South Lake Tahoe better after cataract surgery, but I wasn't told it would be this good. Only the right eye has been done so far, and all I can say is it's amazing. I've got 20-20 vision in one eye for the first time ever. Clarity and distance distinction, I pretty much knew that would get better, but what I didn't know was how much more vibrant color would be. Everything is also much brighter too. It seems like the difference is light with a bluish tint compared to one that is somewhat yellow… and much more blurred. The two images below of the...
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By Sarah Becker, Northern CA REO & HUD Home Sales
(SJB Real Estate & Management)
    Stage Address City Sq Ft Beds Baths Est. Value Est. Equity Sale Time Sale Date Est. Bid # Loan Date   2495 COUGAR TRL SOUTH LAKE TAHOE 1,680 4 2 $290,877 100% 2:30 PM 07/14/11 $294,750 02/14/06   626 ANITA DR DR4 SOUTH LAKE TAHOE 1,510 3 1.5 $279,358 100% 2:30 PM 08/08/11 $211,500 07/31/06   1538 CREE ST SOUTH LAKE TAHOE 1,286 3 2 $249,914 100% 2:30 PM 07/15/11 $296,100 06/08/06   1885 APALACHEE DR SOUTH LAKE TAHOE 960 2 1 $193,745 -97% 10:00 AM 11/16/11 $350,073 First 10/07/05   497 TAHOE KEYS BLVD 41 SOUTH LAKE TAHOE 754 0 1 $190,983 -20% 10:00 AM 11/29/11 $288,710 First 06/14/07   1290 WILDWOOD AVE SOUTH LAKE TAHOE 1,782 3 2.5 $361,257 79% 2:30 PM 11/28/11 $630,450 Second 11/08/06   2225 WASHINGTON AVE SOUTH LAKE TAHOE 864 2 1 $194,724 31% 2:30 PM 11/16/11 $154,646 First 12/29/06...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
The Lake Tahoe Real Estate Blog and the Tahoe Daily Tribune (Lake Tahoe Real Estate Blog / November 3, 2011 / Richard Bolen) We much like the relationship we have with our local newspaper, the Tahoe Daily Tribune. It's based on many years of providing accurate real estate data for our public. Today we got a call from them asking for our immediate help. It's data they needed internally, and they needed it quickly. At that moment we were working on a presentation for a Denver meeting next week about our new real estate applications (see this video), and we were only honored to stop what we were doing and help our local newspaper. Here's what they needed, and we thought it would be a nice update as to where our real estate market is today compared to all of last year.   South Lake Tahoe, C...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 "Characteristics by Price" helps Buyers find the Deal they are looking for.  (Lake Tahoe Real Estate Blog / October 28, 2011 / Richard Bolen) If you are a South Lake Tahoe, CA home buyer, or seller, watching this video is a must. This is what we've been working on for the last year and a half: public real estate information empowerment software. This is one of five new real estate software applications we are developing for you. Making things easier and more exact is our goal, and yes this is US patent pending. Here is the introductory narrative found in the video: This is Richard Bolen from the Lake Tahoe Real Estate Blog. We'd like to introduce you to a new feature, "Characteristics by Price." This is a new software application in beta form, which means it will evolve with your comme...
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By Drew Kondo
(Sierra Sotheby's International Realty)
The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1963 Piute St. - $34,900 - vacant land 1928 Haidas Cir. - $49,900 - vacant land 1852 Haidas Cir. - $59,000 - vacant land 1142 Dedi Ave. - $89,900 - 2/1/0 3675 Tamarack Ave. - $98,800 - 2/1/0 2521 Osborne Ave. - $99,900 - 2/1/0 1234 Dedi Ave. - $110,950 - 2/1/0 1172 Margaret Ave. - $114,900 - 3/2/0 3804 Alder Ave. - $119,000 - 3...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
New Blog Feature to Help South Lake Tahoe, CA Home Buyers  (Lake Tahoe Real Estate Blog / October 19, 2011 / Richard Bolen) We have been working for the last year and a half to bring new features on this blog to better help South Lake Tahoe, CA  home buyers and sellers. We're grateful to announce that some of these efforts have just been launched.  Before we lead you to the first new feature, please understand that this is the beta, or testing phase of product development. This means that our process with these new features is continuing, and at some point they will evolve into something that looks and works at a much higher consumer product scale.  The first of these new features, Characteristics of the South Lake Tahoe, CA House by Price (here), is focused on helping the South Lake Ta...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 Interest Rates below 4%? It screams South Lake Tahoe home buyer advantage. (Lake Tahoe Real Estate Blog / October 9, 2011 / Richard Bolen) There is really no other way to say it: mortgage interest rates on a South Lake Tahoe home loan are as low now as they were in the 1905's. The truth is many of you have not seen such good home buying news in your lifetime. (I have, but it was when I was only four-years old, and back then I was much more interested in sand boxes than houses.) For a moment last week the mortgage interest rate on a conventional loan dropped below 4%. Unheard of is not hyperbole; this is the first time this has happened. Ever! Today's mortgage interest rate on a 30-year fixed loan is 4.089%. This online rate found here, and it is also the source for the chart on average...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 South Lake Tahoe home values continue to be better deals for home buyers (Lake Tahoe Real Estate Blog / October 5, 2011 / Richard Bolen) We thought it would be helpful to look at South Lake Tahoe, CA home values by neighborhood, and compare the differences so far this year with the final stats from last year. The source chart for this study is found below.  Highest Median Sold Price : The top five South Lake Tahoe, CA neighborhoods with the highest median sold home values are: 1. The Tahoe Keys ($602,450) 2. Heavenly Valley ($454,300) 3. North Upper Truckee ($429,000) 4. Country Club Estates ($428,000) 5. Montgomery Estates ($396,000)  Lowest Median Sold Price : The top five South Lake Tahoe, CA neighborhoods with the most affordable median sold home values are: 1. Stateline Area ($14...
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By Drew Kondo
(Sierra Sotheby's International Realty)
The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1963 Piute St. - $39,000 - vacant land 631 Nahane Dr. - $44,900 - vacant land 1928 Haidas Cir. - $54,900 - vacant land 1852 Haidas Cir. - $66,900 - vacant land 3675 Tamarack Ave. - $103,900 - 2/1/0 3795 Paradise Ave. - $94,900 - 4/2/0 duplex 2521 Osborne Ave. - $117,500 - 2/1/0 1234 Dedi Ave. - $119,250 - 2/1/0 1172 Margaret Av...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 South Lake Tahoe, CA Housing: Q3 demand down by 8 home sales, values down by 16.8%. (Lake Tahoe Real Estate Blog / October 2, 2011 / Richard Bolen) The good news keeps coming for South Lake Tahoe, CA home buyers. We're confident this news is likely not to be thought of as good by home sellers, but South Lake Tahoe home values are a $48,000 better deal in general for home buyers today than they were at the beginning of the year. As of Jan 1, 2011, the South Lake Tahoe median sold price was $285,000. This represented sales over the last 180-days, not including the Tahoe Keys (he median sold price for all of 2010 was $299.000, not including the Keys). On April 1st , or at the end of Q1, that same number was $281,250, which was based on the same criteria and only represented a slight chang...
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By Brandon & Grace Yee, Lake Tahoe Real Estate
(Chase International)
South Lake Tahoe Real Estate Statistic Report for September 2011 This report is a look at the single family home sale activities for South Lake Tahoe.  For the second month in a row we've had an increase in units sold and total dollar value sold.  The median price dropped from the previous month due to a large increase of homes sold under $199,999 which is up 21 units from 6 units in August. My forecast for October shows that we should be holding steady in real estate activities like September closing. September 2011 South Lake Tahoe Real Estate Statistics: This is a comparison chart of the South Lake Tahoe real estate activities for September, August and July.   Sep-11 Aug-11 Jul-11 Units Sold 58 41 42 Total Dollar Value Sold $17,333,680 $14,085,880 $12,673,200 Average $298,857 $343,55...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
2011 South Lake Tahoe, CA Home Value Decline is 10.7% (Lake Tahoe Real Estate Blog / October 1, 2011 / Richard Bolen) In the current South Lake Tahoe, CA real estate market climate, we are seeing essentially the same home buyer concerns today that we've seen for some time. Those concerns are basically two: (1) have I missed anything, and (2) am I paying too much? What's different, however, is today's home buyer seems to be looking more for a "deal" than a house. Don't get me wrong here; the house is what the buyer is buying, and it is important, but it needs to be perceived as a real deal for most buyers these days. Much more so, we find, than usual. This will start a series of posts about current prices, Q3 South Lake Tahoe, CA real estate results, the characteristics of houses by pric...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
South Lake Tahoe, CA home prices gradual decline continues   (Lake Tahoe Real Estate Blog / September 27, 2011 / Richard Bolen) One thing that is interesting about national real estate trends is they usually precede those of South Lake Tahoe, CA. In other words, we usually see national real estate trends appear later here than they do in primary home markets across the country. In that context, and particularly as it relates to home sellers, one can only hope that an increase in home prices will eventually be seen here. But that is certainly not the case here now. Yet. In fact, and this is the very good news for home buyers, South Lake Tahoe, CA home values continue to decline. Since the first of the year, the median sold price has declined by $20,000, and it is exactly that sort of eve...
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By Drew Kondo
(Sierra Sotheby's International Realty)
The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1963 Piute St. - $39,000 - vacant land 631 Nahane Dr. - $44,900 - vacant land 1928 Haidas Cir. - $54,900 - vacant land 1852 Haidas Cir. - $70,400 - vacant land 3675 Tamarack Ave. - $103,900 - 2/1/0 3795 Paradise Ave. - $109,900 - 4/2/0 duplex 2521 Osborne Ave. - $117,500 - 2/1/0 1234 Dedi Ave. - $119,250 - 2/1/0 1172 Margaret A...
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