2011 Weekly Real Estate Market Report North Lake Tahoe-Truckee Region MLS Residential and Lot/Land Properties Week of: March 7th to March 13th Active Inventory Summary: Active Listings: The active inventory for residential and lot listings went up slightly from 1,537 the previous week to 1,550 active listings in the market; 1,074 residential properties and 476 lots and land listed for Continue Reading
Truckee Tahoe Real Estate Market Report
2011 Weekly Real Estate Market Report North Lake Tahoe-Truckee Region MLS Residential and Lot/Land Properties Week of: February 28th to March 6th Active Inventory Summary: Active Listings: The active inventory for residential and lot listings went up slightly from the previous week. There are 1,537 active listings in the market; 1,064 residential properties and 473 lots and land Continue Reading
Truckee Tahoe Real Estate Market Report
2011 Weekly Real Estate Market Report North Lake Tahoe-Truckee Region MLS Residential and Lot/Land Properties Week of: February 21st to February 27th Active Inventory Summary: Active Listings: The active inventory for residential and lot listings went down slightly from the previous week. There are 1,530 active listings in the market; 1,057 residential properties and 473 lots and land Continue Reading
Truckee Tahoe Real Estate Market Report
2011 Weekly Real Estate Market Report North Lake Tahoe-Truckee Region MLS Residential and Lot/Land Properties Week of: February 14th to February 20th Active Inventory Summary: Active Listings: The active inventory for residential and lot listing remained relatively unchanged from the previous week. There are 1,556 active listings in the market; 1,071 residential properties and 485 Continue Reading
Truckee-Tahoe Real Estate Temperature
2011 Weekly Real Estate Market Report North Lake Tahoe-Truckee Region MLS Residential and Lot/Land Properties Week of: February 7th to February 13th Active Inventory Summary: Active Listings: Since the first of the year, the active listing inventory has grown by 8%. There are 1,555 active listings in the market; 1,069 residential properties and 486 lots and land listed for sale. Continue Reading
Truckee Real Estate Market Year End Sales Statistics
The year end market data for Truckee Real Estate has been compiled, and 2010 can be summarized as, "not great". The median price for Truckee homes declined 9%. Less than the 15% in 2009 but still a fair decline. The good news is that 2011 is forecasted to actually turn around and start growing, albeit slowly. It’s always risky to make specific forecasts because there are so many factors Continue Reading
Tahoe Donner Home Sales See Rays of Sunshine
I was reading an appraisal this morning for some clients who are purchasing a home in Truckee, and the appraiser referred to some stats about distress sales, and the fact that they appear to be declining in our market. That got me wondering about the "real" numbers, so I did a few calculations for homes in Tahoe Donner. These are just stats for homes in Tahoe Donner, not condos. Distressed Continue Reading
Median Single Family Home Graph for Truckee Real Estate, 2004 – 1st Qtr 2010
Here is a graph reflecting median home sales prices in the Truckee Real Estate market through the first quarter of 2010. Prices fell another three percent in the first three months of this year. I think this is primarily because there are still quite a few homes and cabins in the Truckee and Donner Lake areas that are REO (bank owned) and short sale listings. Until these foreclosed and Continue Reading
Moving in the Right Direction?
In the past, I've written about the "collective subconscious" of the real estate market. There's starting to be more and more good news out there that maybe we've actually bottomed out, and that prices will stabilize and homes may actually start appreciating again. A novel thought. I don't think that we've seen the uptick yet in the Truckee Real Estate market, but good news has a way of being Continue Reading
Old Greenwood – Gray’s Crossing Developer Files Chapter 11
This long protracted market downturn has caused East West Partners, the developer of several high end local subdivisions to file for Chapter 11 Bankruptcy protection for several of their properties. You can read about the details in this article just published in the local newspaper. An update was printed about the potential fate of Gray's Crossing and Old Greenwood's Real Estate in this Continue Reading
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