Incline Village, NV Real Estate News

By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Why is low elevation so important?  Well, it results in a lot less snow accumulation,  a lot less snow removal and back aches and your tulips and daffodils are the first to show in the Spring.  All kidding aside, low elevation is extermely important to many buyers in our market.  This home located at 1066 Flume Road in InclineVillage, NV is a great buy.  Listed below current market value at $499,900, totally refurbished inside with new carpet, new tile flooring, new paint, new granite kitchen and new tiled bathrooms for a start.  The yard is incredible, level lot, landscaped and close to all Incline Village amenities...private beaches, shopping, restaurants, Hyatt Regency Lake Tahoe, etc.  Looking forward to selling this one this weekend.    
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
It is going to be an interesting year with foreclosures, short sales and just distressed properties all around.  The slow down or 'FREEZE' of the foreclosure market by the banks was nothing but the usual 4th quarter stall tactic.  As 2011 heats up the writing is on the wall for more and more foreclosures and distressed properties to hit the market.  For a complete list of auction properties, potential short sales (homes that have hit the default list) and bank owned homes, visit us at www.solirealestate.com/foreclosuresandshortsales.html .
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Out with the old and in with the New Year...Happy New Year to all and look forward to keeping you updated on what is happening Inside the Incline Village and Crystal Bay Real Estate Market and MLS system. Every week Team Soli of Intero Real Estate Services is scrubbing the MLS and pulling all the data together for you on new listings, price changes, new escrows, homes that have sold over the past week and those homes that were rejected by the market.  Reporting on the last week of December and the first couple of days of January, the following was going on in the Incline Village Real Estate Market...click here for the full story!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
With the beginning of the New Year and 2011 comes the end of the old year and an update on Real Estate Market Statistics for Incline Village and Crystal Bay, Nevada. The good news is inventories have leveled off a bit (still have an oversupply in most categories and the absorption rates are still hanging in the two year supply, but home sales are up across the board by as much as 50%. Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Happy New Year!  2010 pans out to be a pretty good year in the real estate market with both volume and number of sales percentages up across the board.  Median and Average prices are still considerable lower than they were, but this jump in volume and unit sales is good news! Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The storms last week put a pretty extreme halt to the real estate market in Incline Village and Crystal Bay, NV.  It was hard for travelers to get here for the holidays let alone get in a car and start driving around to see homes for sale.  Today we have blue bird skies and the slopes are packed with out of towners.  If it's not a storm, it gorgeous!  Needless to say, last week was very slow in the Real Estate Market, but it won't be long before the buyers are back in the shopping spirit.  Here is what was happening inside the Incline Village and Crystal Bay Real Estate Market for the week of December 20th-December 26th.  Read the whole story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Currently there is a FREEZE in the air, not only in our weather, but in foreclosures with some of the major lenders...Fannie Mae, Freddie MAc, Chase, Wells Fargo and more.  During this freeze if you are under water on your home, now is a good time to be speaking with a professional about how to short sale your home so you do not lose it to foreclosure.  This is the most recent update on foreclosures and distressed properties in Incline Village and Crystal Bay, Nevada...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The snow is wonderful and we need every bit of moisture that we can get, but it sure did put a huge damper on activity last week.  Of course it is right before the holiday as well, so perhaps the buyers are out there picking up their last minute gifts.  Real Estate makes a great stocking stuffer.  For the week of December 13-19th the following was happening in Incline Village Real Estate...click here for the whole story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Already in to the 2nd week of December and home sales continue.  Although this is typically a slower time of the year, that seems to be changing and sales continue to grace the market.  With the lack of recent snow there has been a slow in showings altogether.  Once the hustle and bustle of Christmas is upon us and all the ski resorts are graced with a bit more snow, we should see things start to pick up again.  Prices are GREAT, inventory is amazingly high still and interest rates are still low!  The perfect storm for first time home buyers or better yet...first time 2nd home buyers.  The ideal time to buy the cutie on your list a home away from home!  For the week of December 6th-12th the following was happening inside the Incline Village Real Estate Market and Local MLS...Read the en...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The 'Shoulder Season' is almost behind us as we gear up for the Holidays.  With the recent HUGE snowstorms too there are more buyers in the market and lots of showings and activity.  November is typically a slower month and the statistics still prove that.  Here is a look at what was happening inside the Incline Real Estate Market for November 2010...click here for the full story!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The slowdown appears to be over and the first quarter of 2011 should prove to be VERY busy for distressed properties, short sales and foreclosures. Sty tuned...Here are this week's changes, sales, cancelations, new distressed properties, etc. SOLD (Removed from list)1066 Flume, APN 130-162-05, TS#07-FMB-83966, Rec. 11/22/10 - Sold for $388,100825 Southwood Blvd - Southwood Pines #5, APN 127-110-05, Rec. 11/16/10, Deutsche Bank, 1610 E. St. Andrews Pl., Santa Ana, CA 92705 - Sold for $140,000 CANCELLATION OF DEFAULT (Removed from list)120 Juanita - Northwood Estates #21, APN 127-310-21, TS#140877NV, NOD Rec. 5/26/10 NEW REOS:989 Tahoe Blvd. - Tahoe Racquet Club #46, APN 127-36-203, TS#09-47309-WFR-NV, Rec. 11/27/10 - back to beneficiary, no recorded docs yet.1013 Galaxy, APN 125-411-20, ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Back in business...things picked up last week with some new escrows and closed sales.  Yahooooo!  Some lucky people will be celebrating Thanksgiving and the Holidays in their new homes.  Congratulations.  This week in Incline Village Real Estate, the following was happening in the market...click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Home sales have dropped off during the shoulder season, but they still exist.  New escrows are slower too, but this is VERY typical of this time of year.  For the past week the following has been happening in the Incline Village Real Estate Market and reported in the MLS.  For the week of November 8-14...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Things are SLOWING down in Real Estate Sales, but that is quite normal for this time of the year and although they have slowed, they have not come to a screeching halt as there still are GREAT deals in the market. For the week of November 1st-November 7th the following was happening in Incline Village Real Estate and properties for sale...Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
More defaults and notices of sale are being posted in Washoe County and Incline Village/Crystal Bay specifically each week.  We are not immune to the suffering that is going on Nationwide in conjunction with Foreclosures, Short Sales and Distressed Property in general.  In fact, the proposed 'HALT' with the lenders over new foreclosures has really not slowed down anything in our neck of the woods.  We are still seeing properties hit the Notice of Default and slowly make their way towards auction on the county courthouse steps in Reno or revert back to the bank.  If you are in need of help and would like information on how to complete a short sale on your home, contact us direcly.  There are options out there, you just need to understand what they are.  If you are interested in purchasin...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Incline Village, Nevada one of Americas most expensive places to live? Not Really! Lake Tahoe is truly one of the most beautiful places in America to visit. But is it one of the most expensive places to live? According to Forbes.com, Incline Village at North Lake Tahoe in Nevada, is one of the most expensive ZIP codes in America. Forbes's 2010 annual list of America's Most Expensive Zip Codes places Incline Village at #389. If you have ever taken a drive on Lakeshore Boulevard in Incline Village and noticed some of the beautiful lake front homes, this latest list probably does not surprise you. But what may surprise you the Incline Village medium home price is just $728,260. Most of the neighborhoods mentioned in Forbes's ZIP code list, $4 million is the norm.  So with Incline Village h...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Here is the most updated sales report for Incline Village Home Sales, week of October 25th-31st.  Looks like Halloween could not even scare off the buyers in town as sales remain steady through the month.  Showings have dropped a bit, but the buyers are understanding that rates are low, inventory is high, sales are steady...all signs that NOW is a GREAT time to purchase real estate!  Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Fall has really settled in, but sales have not yet hibernated for the winter.  October was a steady month for new escrows and sales and the buying power is out there gobbling up the good deals as they strike.  If you look at the borrowing power you have at historically low interest rates, an inventory that is steady with good selections of distressed properties hitting the market all the time, how can you see this as anything BUT an EXTREME BUYERS MARKET.  Why wait if you are looking for a GREAT deal?  Now is the time to buy!  Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Homes sales in Incline Village and Crystal Bay Nevada on the North side of Lake Tahoe continue to remain stable as new inventory comes on, there are new homes going into escrow and being reported as SOLD!  A great sign that our market is continuing to move properties.  For the week of October 18th-24th the following was happening Inside the Incline Village Real Estate Market and our Multiple Listing Service (MLS)...Click here for the full story!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Want to keep updated on what is happening inside a truly local market?  Incline Village, NV home sales are steady and strong as we head into the end of 2010.  Each week we post the most recent information on the Real Estate Market in Incline Village and Crystal Bay (located in the Lake Tahoe Basin).  Home sales, new escrows, price changes and properties rejected by the market (usually a good indication of poor pricing or poor product).  For the week of October 11-17th the following was happening inside the Incline Village Multiple Listing Service...click here for the full story!
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