Archive for March, 2010

PostHeaderIcon Spring Break in Lake Tahoe ~ 2+ Feet on Snow and more on the way. SIGN UP FOR BANK OWNED PROPERTY NOTIFICATION BELOW ~ FREE

 

 Visit us online to view all FORECLOSURES in TahoeWe got over 2 feet of snow last night and more on the way, great snow (very light).  Just in time for Spring Break, come on up for some great Spring Skiing!If you have signed up to receive daily email updates from our MLS Listing Notification, but no properties in the last seven days have matched those criteria. To review or modify your saved searches, please visit your Saved Search Manager

Or if you would like to start see all the great deals on property in Tahoe (Foreclosures, Bank Owned Property, REOs and Short Sales) click the link above and sign-up.  If you have any questions don’t hesitate to call me or send me an e-mail and I can set you up, my cell (530) 448-9830 or greg@TahoeHomeHunter.com
This is just a friendly notice to remind you that I am still watching the MLS every day for listings that meet your personal requirements.

I have just set up a new Tahoe Blog site for more information on our Real Estate Market and general information about Tahoe!  INFORMATION ABOUT LAKE TAHOE / TRUCKEE MLS

Happy Home Hunting,

Greg Poulsen

Cell (530) 448-9830

Greg@TahoeHomeHunter.com

www.TahoeTruckeeProperty.com (New Blog Site)

www.TahoeHomeHunter.com

Greg Poulsen ~ Dickson Realty ~ Tahoe / Truckee Area
11500 Donner Pass Road, Truckee CA 96161 Cell: 530-448-9830

Visit us online to view all FORECLOSURES in Tahoe

Change your email preferences, send me an e-mail at Greg@TahoeHomeHunter.com

PostHeaderIcon LAKE TAHOE MLS / TRUCKEE MLS ~ Real Estate “SOLD” Market Report ~ 2008 verses 2009

Tahoe / Truckee Real Estate Market – SOLD PROPERTIES – 2008 verses 2009

 MLS Price Comparison Report for 2008 
Statistics for:, LD, CI, RN, BO, IC AND Status=SLD AND AND Date Range=01/01/2008-12/31/2008 As Of: 1/27/2010
 

 

Sold
Price Range Number of Listings Average Days On Market
  654 126
 
Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
654 126 $591,500 $810,133 $20,000,000 $1

 

 MLS Price Comparison Report for 2009 
Statistics for:, LD, CI, RN, BO, IC AND Status=SLD AND AND Date Range=01/01/2009-12/31/2009 As Of: 1/27/2010
 

 

Sold
Price Range Number of Listings Average Days On Market
  790 124
 
Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
790 124 $510,000 $667,365 $6,288,000 $33,000
 


2009 was a better year in the Tahoe Real Estate Market compared to that of 2008 (based on number of units SOLD).  But the Median price was down from $591,500 in 2008 compared to $510,000 in 2009 (the drop in price was largely contributed to Short Sales and Bank Owned Properties that hit the market in 2009).

 Is 2010 going to be a better year?  Only time will tell, but based on the activity in the market it looks like sales will be up and price could still drop.

Happy House Hunting

PostHeaderIcon Median Household Income by County (Lake Tahoe MLS / Truckee MLS) Across the United States ~ WHERE’S THE MONEY!

Where’s the MONEY?

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2008 Median Household Income by County

Download the full graphic from the Census Bureau here (PDF 574k)

Research & Statistics March 03, 2010 Where’s the green? 2008 Median Household Income by County Download the full graphic from the Census Bureau here (PDF 574k) Posted by Waco Moore on March 03, 2010

From Luxury Home Marketing ~ Luxury Insight’s BLOG: http://blog.luxuryhomemarketing.com/research_statistics/index.html

PostHeaderIcon BANK OWNED / SHORT SALE PROPERTY IN LAKE TAHOE / TRUCKEE, CA ~ mls

CLICK HERE TO SEE ALL BANK OWNED PROPERTIES IN TAHOE!

Stats since 2/1/10:

  • Single Family:  inventory down by 6 (down by 4 in the previous month, Dec to Jan).   REOs = 19 (17%), SS = 96 (83%), of which 59 have offers being negotiated w/banks (61%).
  • Condos/Townhomes:  inventory up by 5.  REOs = 15 (28%), SS = 38 (72%), of which 30 are “active-contingent” (79%).

Interesting to note that REO & SS condos are pretty up and down, but the inventory of single family homes have been slowly decreasing since the high of 137 on the market on 10/30/09.

PostHeaderIcon Photos of Lake Tahoe and the Truckee Area – The Tahoe Experience!

Lake Tahoe & Truckee Homes’s Photos – The Tahoe Experience!

Some FUN pictures of Lake Tahoe and the Truckee area. 

We had a great winter this year, 450 – 500 inches (thats about 40 feet of snow, “WOW”).  Believe it or not thats not a record, in 1952 we got over 70 feet of snow that year, they skied all summer in places around Lake Tahoe.

 

 

 

 

CLICK HERE TO SEE MORE GREAT PICTURES OF TAHOE: http://www.facebook.com/album.php?aid=157165&id=356928219053&ref=mf

More Picture and fun stuff to come, keep checking back!

PostHeaderIcon BANK OWNED (Foreclosures) in the Lake Tahoe / Truckee Region

 Foreclosures in the Truckee-Lake Tahoe Region

Real estate owned (REO) properties seem to be diminishing in the Truckee and North Lake Tahoe (California) areas.  Although new REO listings continued to increase through 2009 with a high of 45 coming on the market during the last quarter, the current listing inventory since the start of 2010 is down by approximately one-third.

According to an article in the San Francisco Chronicle, the government is scheduled to begin a program April 5 encouraging owners and banks to sell some of the homes they have not been able to “successfully modify” as “short sales” (selling for less than what is owed on the property).  If they are successful, it would potentially mean not foreclosing on those properties.  In practice, however, since many banks don’t have the capacity to pursue more of these labor-intensive sales, time will tell whether yet another government backed program will be successful.

To get more information about the current market in Tahoe or new BANK OWNED property coming to the market.  Send me an e-mail or call anytime to Greg@TahoeHomeHunter.com or go to www.TahoeHomeHunter.com.  My cell number is (530) 448-9830.

Happy House Hunting in Tahoe!

PostHeaderIcon Bank Owned ~ Short Sale ~ Foreclosure Properties in Lake Tahoe & Truckee as of 2-1-10

Bank Owned Properties in Tahoe

Stats since 2/1/10:

  • Single Family:  inventory down by 6 (down by 4 in the previous month, Dec to Jan).   REOs = 19 (17%), SS = 96 (83%), of which 59 have offers being negotiated w/banks (61%).
  • Condos/Townhomes:  inventory up by 5.  REOs = 15 (28%), SS = 38 (72%), of which 30 are “active-contingent” (79%).

Interesting to note that REO & SS condos are pretty up and down, but the inventory of single family homes have been slowly decreasing since the high of 137 on the market on 10/30/09.  

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