Posts Tagged ‘Lake Tahoe Communities’

PostHeaderIcon Truckee and Lake Tahoe Real Estate Market Comparison between Jan-April 2012 vs. 2011 – Ups and downs!

Tahoe MLS Real Estate Sales Comparison between Jan-April 2012 vs. 2011.

Ups and downs!

Home sales are up as much as 50% in some areas of Truckee/Lake Tahoe but the Median price is down. This could indicate that market is still dropping, but could be leveling out is some markets. Sales Activity is strong, buyers are seeing the opportunity to buy with falling home prices combined with low interest rates. Inventory levels around Truckee and Tahoe Donner are still low, so if you’re thinking about selling this could be a good time to put your house up for sale.

PostHeaderIcon Home Sales in Truckee / Lake Tahoe MLS in Tahoe Donner and other ares of our Tahoe MLS from January – April of 2011

Lake Tahoe and Truckee Home Sale (REAL ESTATE) in the Truckee Tahoe MLS for single family homes for the entire MLS, January-April 2011 actually had slightly more sales than the same period 1 year ago (+1%). Condos/townhomes were substantially lower (-22%). Tahoe Donner had less sales this year versus the same period in 2010 for both single family and condos/townhomes, whereas single family in Truckee as a whole was exactly the same for this period.

Home Sales in Truckee / Lake Tahoe MLS in Tahoe Donner and other ares of our Tahoe MLS from January - April of 2011

PostHeaderIcon TRUCKEE / LAKE TAHOE REAL ESTATE DISTRESSED PROPERTIES SOLD IN 2009 -2010

MARKET SNAP SHOT OF DISTRESSED PROPERTIES IN THE TRUCKEE / LAKE TAHOE MLS

Lake Tahoe and Truckee Real Estate market snapshot on Distressed properties (Foreclosures, REO, Bank Owned, Short Sales) is on the increase.

We have seen since 2009 an increase of 45% to  2010 and maybe over 50% in 2011.  Total of 221 SOLD in 2009, 330 SOLD in 2010 and already 141 Active properties For Sale in the beginning of 2011.  This means a we going to be seeing some great opportunities in the Real Estate market in the Truckee / Lake Tahoe area.

Here is a link to all of the SOLD Distressed Properties (BANK OWNED, REO AND FORECLOSURES)  in the Truckee / Lake Tahoe Area between for the year of 2010 – Total of 317 (219 around Truckee and Lake Tahoe area) properties: Click Here to View Listings  

Greg Poulsen
Dickson Realty, Truckee
Cell: (530) 448-9830
For All Bank Owned / Short Sale Properties in Tahoe: Click Here to View Properties
www.TahoeHomeHunter.com

PostHeaderIcon MARTIS CAMP HOME TOUR ~ Saturday, August 7th from 10:00 a.m. to 4:00 p.m. for the Tahoe Truckee Excellence in Education

MARTIS CAMP HOME TOUR

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 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.  

PostHeaderIcon LAKE TAHOE / TRUCKEE REAL ESTATES ~ FORECLOSURES & SHORT SALES ~

 

Opportunities on TAHOE Real Estate ~ Bank Owned ~ Foreclosures ~ Short Sales

Click Here To View All BANK OWNED / SHORT SALE Properties In TAHOE: CLICK HERE TO VEIW PROPERTY INFORMATION 

We currently have 169 discounted properties in Lake Tahoe / Truckee MLS Area that are BANK OWNED or Short Sales.  Out of the 169 properties; 39 are BANK OWNED / Foreclosure / REO properties, 130 are Short Sales and out of the Short Sales properties 80 have offers on them.  

Keep checking back for new GREAT DEALS on Tahoe Properties!  

Happy House Hunting ~ TahoeHomeHunter

Calculators
Loan Calculator Mortgage Calculator
MortgageLoan

$

years

%

Categories
THE TAHOE EXPERIENCE