Drew Kondo's (mountaindrew) Blog

Yesterday I was perusing through news articles on South Lake Tahoe and ran across some fascinating stuff. A substantial history of crime in Lake Tahoe shouldn't surprise me too much. I mean they did shoot Godfather II here, and rumors continue to persist that Jacques Cousteau found dozens of mobs...

There are 14 foreclosure properties in South Lake Tahoe today. Four homes are new since I last published it two weeks ago. I’m surprised that only two foreclosures went into escrow since the last list. In that same time frame, 32 homes & condos went into escrow. That’s a lot for South Lake Tahoe,...

Here is the latest foreclosure list for South Lake Tahoe. There are 11 foreclosures on the market. They are all single-family residences (no condos or multiplexes). Since the last foreclosure list, there have been a few interesting developments in the foreclosure market. A few properties were jus...

Always trying to improve the real estate statistics I present to you, I’ve decided to mine for a new stat – median sale price for the last 90 days. I will present this statistic along with the median sale price for the last month. See the table below for the actual numbers. What are the benefits ...

I know a lot of you searching the internet are curious about South Lake Tahoe foreclosures. I’ve decided to make things easy for you, and I’m just going to publish a foreclosure list every couple weeks. The latest list can be accessed at the foreclosure section of my blog. Right now there are 8 f...

Seventy homes are in escrow here in South Lake Tahoe. It hasn’t been since September 2005 that we’ve seen that many homes pending. Over the last few years, a lot of people have been waiting for the right time to buy. It seems that many think that time is now. I’m really beginning to agree with th...

This is a quick video I put together on real estate opportunities in the area of South Lake Tahoe that was struck by the Angora Fire. A lot of the new construction homes there are featured. I discuss real estate opportunities in the area and the advantages of buying a burn area lot. Watch in high...

As predicted, the median sale price for single-family residences in South Lake Tahoe dropped dramatically in June, down to $365,000. The market is certainly suffering. However, I’m becoming skeptical of the statistical barometers we continue to rely upon. Perhaps the steep decline in median sale ...

I love real estate statistics. I got a math degree from the University of Texas, so I could make a career of real estate stats. In this blog, I’ll keep things relatively simple. In efforts to improve the statistics I present you, I am beginning to mine for and calculate absorption rates and month...

Imagine the Lake Tahoe basin with 800,000 homes in it. A freeway, connecting different mountain peaks, overlooks the basin where the Tahoe Rim Trail currently lies. Lake Tahoe is another San Francisco. This is what many area planners hoped for in the 1960's, shortly after the Olympic Games at Squ...