Archive for the ‘Lake Tahoe Real Estate’ Tag
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Summer is coming to a close and fall is on its way. Our temperatures may be dropping somewhat, but Lake Tahoe and Truckee’s real estate market is still HOT! Now is the time to get those homes bought and sold before the winter. Whether you’re looking for the perfect ski cabin, a year round residence, property to build your dream home, or you’re a seller looking to upsize or downsize, now is the time to give me a call so you can take advantage of our sizzling market.
Properties priced well – SELL! Last week this cute home on Davos in Tahoe Donner sold within 3 days with multiple offers and it sold over asking price.
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3 Bedroom, 2 Bath Tahoe Donner home on Davos.
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Classic mountain cabin in beautiful setting. Open floor plan with wood vaulted ceilings and wonderful wall of windows offering lots of light. Ideal floor plan with laundry room at entry, covered breezeway from garage to home, 2 bedrooms down with master suite and loft upstairs. Kitchen has been remodeled, newer laminate floors in great room, EPA rated woodstove on rock hearth, remodeled master bath. The cabin in the woods you’ve been waiting for.
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This home sold withing 3 hours of being listed!
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The condo at Granlibakken (photo below) sold without even coming onto the market and seller is getting top dollar. It’s an amazing location right next to Tahoe City and Lake Tahoe. The quiet community of Granlibakken offers pool, tennis courts and ropes course and an in-house rental program. This charming condo has two bedrooms, two baths, vaulted wood ceilings, sunny deck and views towards the ski and sled hill. It was offered at $285,000 and a sale is now pending.
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Condo at Granlibakken
The real estate market here is still strong! If you are curious about the value of your property, please contact me, Lynn Richardson at 530.582.2422 or 800.926.4975 Toll Free. You may be surprised at what your property is worth.
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THINK OF ME, LYNN RICHARDSON, FOR ALL OF YOUR LAKE TAHOE AND TRUCKEE REAL ESTATE NEEDS!
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Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:
“A growing body of research shows that during presidential election years — particularly ones like this when there is such uncertainty about the nation’s future — industry becomes almost paralyzed. A look at the last several dozen election cycles shows that during the final year of a presidential term, big corporate investments are routinely postponed, and big deals are put on the back burner.
The research is even more persuasive on the final year of an eight-year presidential term, when a new candidate inevitably will become president.”
We are seeing this take form in the latest economic numbers. However, will this lead to a slowdown in the housing market? Not according to Fannie Mae, Freddie Mac or the National Association of Realtors.
The Impact on Housing Throughout 2016
Let’s look at what has happened and what is projected to happen by these three major entities.
“In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.”
“Recent data darkened the growth outlook for the first quarter of 2016. However, despite the disappointing economic reports, we still forecast housing to maintain its momentum in 2016.”
“Consumers and businesses showed caution at the end of the first quarter…(but) Home sales are expected to pick up heading into the spring season amid the backdrop of declining mortgage rates, rising pending home sales and purchase mortgage applications, and continued easing of lending standards on residential mortgage loans.”
Bottom Line
Even during this election year, the desire to achieve the American Dream is greater than the fear of uncertainty of the next presidency.
THINK OF ME, LYNN RICHARDSON, FOR ALL OF YOUR LAKE TAHOE AND TRUCKEE REAL ESTATE NEEDS!
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By Michelle Portesi
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The last couple of years have been tough on all of California. The drought hurt everyone, and our lovely Lake Tahoe went below its natural rim, causing the Truckee River to stop flowing from its mouth at Tahoe City.
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Photo by Steve Tietze 2015 (From the ‘I love Lake Tahoe facebook page)
That may have made for some lovely seas of lupine where they normally wouldn’t be, but we’d much rather have the water.
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Lupine where there normally is lake, in Tahoe City. Photo by Michelle Portesi
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We had a strong winter, which was enough to fill Lake Tahoe back to its natural rim, and once again, the Truckee River is flowing from the dam in Tahoe City. Who knows, we may even see some river rafting again this year!
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Photo by Steve Tietze – Spring 2016 (From the ‘I love Lake Tahoe’ facebook page)
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And we’ve got more to come. Some of the peaks around the lake are still covered in snow, and more runoff is sure to make its way to the lake and the various streams and rivers. Rain still occasionally has been making an appearance, enough to keep everything looking lush and green. Keep it coming Mother Nature!
The Truckee River is flowing briskly, as is the Yuba River on Donner Summit and many streams and waterfalls along the way. It’s time to put on some hiking shoes or break out the bike and enjoy one of our lovely spring days along the body of water of your choice.
For more amazing photos, follow Steve Tietze on his facebook page: www.facebook.com/Gateway69 or on instagram – @aerialflightproductions
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THINK OF ME, LYNN RICHARDSON, FOR ALL OF YOUR LAKE TAHOE AND TRUCKEE REAL ESTATE NEEDS!
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