Tahoe Real Estate Market Ends 2010 on High Note

LAKE TAHOE, Nev. (Jan. 4, 2011) – The Lake Tahoe real estate market ended the decade with strong sales and significant signs of improvement, according to a year-end report from Chase International. The report, which compares all sales and home prices from 2010 to those of 2009, indicated a 16 percent increase in units sold and a 20 percent jump in overall sales volume. “This is a remarkable improvement from 2009,” said Susan Lowe, corporate broker and senior vice president for Chase International. “These numbers show the regional market stabilizing.” Tahoe City showed the largest increase... (more...)

13495 Northwoods Blvd., Tahoe Donner – SOLD

Absolutely stunning 2,247 sf Tahoe Donner Chalet with 4 bedrooms is nestled in a lovely setting on a very private .35 acre lot – and set back on a long flat, southern exposure driveway, bordered by easement space. The open floor plan offers a large Great Room with beautiful rock fireplace, plenty of room for dining/entertaining & beautiful kitchen with slab granite. Huge Master Suite, spacious garage and a forested setting – this is the Chalet you’ve been waiting for! Please visit our Virtual Tour at: www.13495NorthwoodsBlvd.com  (more...)

Truckee – Tahoe Home Sales Experience Big Increase During the First Quarter

There is no doubt people are buying their Truckee-Tahoe dream homes and values are solid. Yet, pricing is all over the board with inconsistent results by neighborhood. Our overall inventory of available homes for sale has been low. The banks reduced their REO property inventory and have focused on reducing short sales inventory. This is a trend we expect to continue.  Equity sellers and vacation home owners are awaiting signs that the market has stabilized while buyers are preparing for our summer inventory, which has traditionally increased. Buyers are responding to the market changes and purchasing... (more...)

Truckee Luxury Market Returns with the West Shore and Northstar Posting Many Sales

High net worth individuals are buying luxury properties!  Since January 1, 2010 an amazing 46 homes have sold for more than $1 million. In Truckee, 26 homes closed over $1 million. Lahontan real estate’s luxury community posted six sales averaging $1,621,833, closing at 95% of list price.  With two pending sales now in the upper luxury price point of over $2 million, appraisal “comps” are established. Days on the market now indicate that the Lahontan lover is back – with 435 days on average to sell a home, these last tough two years appear to have passed. Northstar leads the Truckee area... (more...)

Lake Tahoe Summer Events for the Entire Family

There’s no shortage of summer events here in Truckee-Tahoe.  Enjoy an action packed summer of hiking, biking, enjoying Lake Tahoe and more.  Here are some of Alison Elder’s and Elder Group Tahoe Real Estate’s favorites: Excellence in Education Golfing for Schools Cards are on sale NOW.  It’s the BEST deal in Truckee-Tahoe for golf. Enjoy substantial discounts at our areas finest high mountain courses including Gray’s Crossing (new this year thanks to Tahoe Mountain Club), Old Greenwood, Resort at Squaw Creek, Tahoe Donner and more. Your purchase goes directly to Excellence in Education... (more...)