South Lake Tahoe, CA Real Estate News

By Travis Chatwin, Your San Diego Real Estate Resource
(Aaron Roth Real Estate)
I would like to start by saying that I soooo appreciate the kinds words that you all said about this post over a week ago that I had to send it out there again!  There was such passion in the response from everyone either on my personal email or from the AR site.  It is truly amazing how life works in following your dreams of becoming a professional through the passion we should be feeling as agents that dreams come true!  I had a dream to be one of the most successful Realtor's in my hometown...  With my continuing drive and passion for what I do, I have accomplished more than I could have ever dreamed.  I continue to have the passion for my work, my clients, and for myself to be the best at what I know and love to do!  This goes out to all the Realtors who share the passion that I hav...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Your Definitive Neighborhood Resource: Thirty-three more South Lake Tahoe and Stateline Neighborhoods to follow. (LAKE TAHOE REAL ESTATE BLOG) We’ve just updated all current real estate market information for Pioneer Trail, a sought after neighborhood here in South Lake Tahoe, CA. Situated next to Country Club Estates, Pioneer Trail is an upscale hillside neighborhood. Homes range from the mid $400K’s to large, $1M+ newer estates with Lake Tahoe Airport and/or mountain views. Features include forest hillside settings, tall trees, some large lots and mountain views. Well priced homes sell quickly here. (Number homes: 672, with many remodeled and a few new homes from time to time too.)Please check out “Pioneer Trail, CA” in the left sidebar. Think of what’s here as a “mini-site devoted to...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Sales Summaries for South Lake Tahoe, CA - Last 365 Days... It's Stable, a good time to Buy, a good time to Sell... especially if listed reasonably! (LAKE TAHOE REAL ESTATE BLOG) We’ve just updated your real estate sales summaries for South Lake Tahoe, CA. We last updated this information on March 17th. Here’s what the latest data shows us, and a list of the key data points below. Prices are lower, but are stable. Median Sold price has remained steady for the last 6 months. That is a good sign for both buyers and sellers alike. Compared to the Median Sold Price for all of 2006, we have a decline of $20,750 in median sold price value at present. This too has also remained stable for the last six months... your Median Sold Price decrease has fluctuated between $20,000 and $26,000. Perhaps the most difficult of th...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
This is what sparked us to create our Real Estate Market Seminars. (Lake Tahoe Real Estate Blog) One of the clearest indicators of our "Buyer's Market" here in South Lake Tahoe is the startling increase in the number of homes that did not sell in 2006. This occurred on both sides of our state line, but more so in California than Nevada. There are a few reasons for this, but first the actual numbers. There were 73 homes that expired in our South Shore California market in 2005, compared to 632 in 2006 - a startling increase of 868%. On the Nevada side of our market there were 36 expired homes in 2005 compared to 63 expireds in 2006, an increase of 175%. There are approximately 2,500 single family homes on the Nevada side of our south shore market. There's no "town" across the state line ...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Our first technical disaster was a blessing in disguise. My bother posted this on our Lake Tahoe blog a few minutes ago. I thought it would be of interest.Back in the late ‘80’s I was lucky enough to create a start-up company, which started with two of us., a physician-friend and me. At the time I worked on an IBM word processor. This was before I ever used a computer, and it was on that machine that I wrote our corporate business plan that eventually led us to a successful, initial public offering on NASDAQ.Some time after our IPO I got my own assistant, which was about the same time as the first Mac II came out. She got the Mac, I got to keep the word processor. By then I was SR VP Marketing, and there were a lot more than two of us running the company then. When we had to do somethin...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Your Definitive Neighborhood Resource: Thirty-Five more South Lake Tahoe and Stateline Neighborhoods to follow. We’ve just updated all current real estate market information for The Tahoe Keys, one of our most active and desirable neighborhoods in South Lake Tahoe, CA. Featuring lake front homes, canals, back-yard docks, and boat access to the Lake, the Tahoe Keys is one of our most desirable and most real-estate active neighborhoods. Value ranges from homes without boat docks in the high $500K’s to high-end lake front estates. Homes priced less than $1M can sell quickly. There will be older home remodel opportunities and new remodels to choose from. Many Keys homes offer vacation rental income. Other features are outdoor recreation and neighborhood dining and entertainment. (Number hom...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 We posted this on our Lake Tahoe blog this morning and thought the Active Rain network might appreciate our approach to neighborhood information. Here's the logo to our other blog. Check it out.  Your Definitive Neighborhood Resource: Thirty-Six more South Lake Tahoe and Stateline Neighborhoods to follow. We’ve just updated all current real estate market information for Montgomery Estates, one of our most active and desirable neighborhoods in South Lake Tahoe, CA. Features for homes here may include mountain forest settings, views, towering trees and close proximity to schools and everything good about Lake Tahoe. Homes range from mid-market to high-end. Some fixers also become available from time to time. Values basically range from the $500K’s to large, recently done estates at $1M a...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
We're new to Active Rain and are trying to get up to speed as best as we can. We've got our own blog here in Lake Tahoe, which is also new. (check it out)  This blog's focus is to provide the public with consistent fact-based information about their real estate market. When we are writing posts to it, our mindset is we're writing to them, which is a somewhat different mindset if one is writing primarily to fellow real estate professionals. Since the Active Rain network is new to us, we're wondering if you are getting a lot of public traffic from your work?  When you are writing your posts, are you writing to pros, or are you consciously attracting new business? Or both?We'd appreciate some feedback, as that will hone what we're doing here so that we can best contribute to your network c...
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It was last September when we first had the idea that producing a seminar might be another opportunity to be helpful to our South Lake Tahoe real estate market. We were crunching numbers and what triggered the idea was a rather astounding increase in the number of expired listings in the first eight months of 2006 as compared to any year prior. It was about a 485% increase from 2005 to 2006 at that time. The year ended with an even larger increase in expireds than that: a whopping 622 in 2006 compared to 73 in 2005. Another way of looking at this was about 150% more people did not sell their house in 2006 than those who did. What occurred to us when we first looked at this emerging trend back in September was there very much see...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
It’s a lot, and we do it very quickly... Even if we Don’t Know Who You Are... Yet.We got an email the day before yesterday at 9:30 am that came from one of our websites about information on Kingsbury Grade, one of our Stateline, NV neighborhoods. Upon getting such an inquiry, our website immediately contacts the inquirer with a thank-you note from our auto responder. We get copied on that at the same time, and then immediately send a personal email as well.As soon as possible, we also look at all recent information and statistics relevant to the inquiry, and then we crunch all the numbers into an excel workbook with all up-to-the-minute information and email that to the inquirer as well.Yesterday we were back to this inquirer with three different neighborhood workups; one for our Lower ...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Here's something rather typical that just happened that you may find of interest. It's about real estate news, where it comes from, how it's delivered and the impression "news" can make. Particularly in our South Lake Tahoe real estate market these days, it is important that "news" does not create an impression that is different from market reality. Hopefully the discussion exercise herein will help allow greater insight into real estate news... and help us all know the difference between market reality and wishful thinking.If one uses the term "Realtor", one has to be a member of The National Association of Realtors (NAR). As such, we are constantly using NAR information and services. NAR is a source of information to the public. It is also a primary source of information for its membe...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
 (visit our Lake Tahoe blog: www.laketahoerealestateblog.com)We just got a phone call from Bob Skinner, an agent at Chase International Realty. Bob has a client who read our recent blog post about current price reductions in South Lake Tahoe. We found that particularly interesting because our blog is still in beta being tested, which will not be complete for another month. Yet people are finding it already... without us promoting it. Yet.Bob was calling about our report of a 20% price reduction in the last 365 days on the Nevada side of our state line. HA good, responsible agent all of us very much respect, Bob called with an excellent question on the behalf of his client. His intent was one of gathering as much information as possible for his client, which is something every real estat...
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By Gary Bolen, CRS - Lake Tahoe Real Estate Information
(McCall Realty)
Market Conditions Essentially Steady for last 3 weeks.(visit our Lake Tahoe real estate blog: www.laketahoerealestateblog.com)South Lake Tahoe, CA. Absorption rates in South Lake Tahoe, CA have remained steady for the last three weeks ("Absorption Rates"). Since our last update on February 20, 2007, there has been a slight uptick in the 30-day absorption rate, from 21 to 30 homes sold. The monthly absorption rates for 365, 180 and 90 days remain basically unchanged, each within a difference of one sale per month or less.The increase in the number of total sales, from 21 to 30, as a 30-day performance indicator is encouraging, though the number of sales in these last 30 days is still 7 sales per month less than the 365 and the 189 day performance indicators, both at about 37 sales per mo...
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By Richard Bolen, CRS, ABR, CLHMS, e-PRO, Lake Tahoe Real Estate Information
(Dickson Realty)
Sales recap for South Lake Tahoe, CA and Stateline, NV - Last 365 Days.(Visit our Lake Tahoe Blog: www.laketahoerealestateblog.com)We’ve just updated our real estate sales summaries for both South Lake Tahoe, CA and Stateline, NV. Two charts are included for South Lake Tahoe, CA, one that includes sales in The Tahoe Keys, and a chart that does not. There are also two charts included for Stateline, NV, the other side of the state line in our South Shore Market. Our Stateline recap includes a chart with sales of Lake Front and Glenbrook property sales, and a chart that does not. The differences are evident. If one is interested in a Lake Front property, or a home in Glenbrook or The Tahoe Keys, those areas must be looked at separately to get a clear indication of market performance, which...
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By Richard Bolen, CRS, ABR, CLHMS, e-PRO, Lake Tahoe Real Estate Information
(Dickson Realty)
The Center for Professional Development gives us their Executive Presentations Course.See  our complete blog at: www.laketahoerealestateblog.comWe have recently had the good fortune of the Center for Professional Development choosing to focus their extraordinary expertise on our real estate Seminars about South Lake Tahoe market conditions. The Center will be applying it's "Executive Presentations" course through one-on-one coaching to help what they already consider an excellent presentation to become the best possible business communications resource for South Lake Tahoe that it can be (photo of Dr. Patin in last seminar rehearsal). The Center for Professional Development was founded in 1995 by Forrest R. Patin PhD. It was created for the sole purpose of developing Excellence in Indiv...
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By Travis Chatwin, Your San Diego Real Estate Resource
(Aaron Roth Real Estate)
Curb appeal, the first impression your home conveys to prospective buyers, should create an emotional desire to own the home and enjoy the lifestyle and status it represents. Experts advise, more like a home improvement or exterior staging job than a cosmetic makeover, curb appeal that sings is particularly crucial now that more and more buyers are calling the shots. Give your house model home level curb appeal for that "new" look and feel and buyers will beat a path to your door. That's because there's nothing like moving into a home that's ready to go, free of the need for initial touch ups and free of the ghosts of owners past. Putting the best face on your home also should give a lasting impression that motivates buyers to cross the threshold and take that first step toward closing ...
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