Helping the South Lake Tahoe, CA Home Seller sell their house (pt 5) (Lake Tahoe Real Estate Blog / February 24, 2012 / Richard Bolen) One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is the last in a five-part series to help all home sellers. In general, and this is the bottom line, a seller needs to price their house properly to sell it successfully. To do that, one has to be informed, or fully market aware. It is market awareness that helps prevent a home seller's biggest mistake: listing their house too high. When a home seller lists their house too high, it costs them time and money. This series w... 02/26/2012

Helping the South Lake Tahoe, CA Home Seller sell their house (pt 4) (Lake Tahoe Real Estate Blog / February 21, 2012 / Richard Bolen) One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part four in a five-part series to help all home sellers. In general, and this is the bottom line, a seller needs to price their house properly to sell it successfully. To do that, one has to be informed, or fully market aware. It is market awareness that helps prevent a home seller's biggest mistake: listing their house too high. When a home seller lists their house too high, it costs them time and money. This series ... 02/25/2012

Helping the South Lake Tahoe, CA Home Seller sell their house (pt 3) (Lake Tahoe Real Estate Blog / February 20, 2012 / Richard Bolen) One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part three in a five-part series to help all home sellers. In general, and this is the bottom line, a seller needs to price their house properly to sell it successfully. To do that, one has to be informed, or fully market aware. It is market awareness that helps prevent a home seller's biggest mistake: listing their house too high. When a home seller lists their house too high, it costs them time and money. This series... 02/25/2012

Helping the South Lake Tahoe, CA Home Seller sell their house (pt 2) (Lake Tahoe Real Estate Blog / February 18, 2012 / Richard Bolen) One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is part two in a five-part series to help all home sellers. In general, and this is the bottom line, a seller needs to price their house properly to sell it successfully. To do that, one has to be informed, or fully market aware. It is market awareness that helps prevent a home seller's biggest mistake: listing their house too high. When a home seller lists their house too high, it costs them time and money. This series w... 02/20/2012

 No debate about it; this is more good economic news. (Lake Tahoe Real Estate Blog / February 17, 2012 / Richard Bolen) In the most recent signal that the US job market continues to improve, today's report cites unemployment claims fell to the lowest point in the last four years. As reported by the Associated Press, weekly unemployment applications fell 13,000 over last week to 348,000 claims this week. Here's a few bullet points in the report: This is the fourth drop in five weeks. This is the fewest number of claims since March 2008 – six months before Lehman Brothers collapsed and only a few months into the Great Recession. This decline indicates that companies are laying off fewer workers, and hiring is likely picking up further. These indicators point to a healthy job market. Addi... 02/19/2012

   Helping the South Lake Tahoe, CA Home Seller sell their house (pt 1) (Lake Tahoe Real Estate Blog / February 16, 2012 / Richard Bolen) One of the things we do is provide as much information as we possibly can to help a South Lake Tahoe, CA home seller sell their house. To be successful at that, there is much a seller needs to know, comprehend and ultimately accept. This is part one in a five-part series to help all home sellers. In general, and this is the bottom line, a seller needs to price their house properly to sell it successfully. To do that, one has to be informed, or fully market aware. It is market awareness that helps prevent a home seller's biggest mistake: listing their house too high. When a home seller lists their house too high, it costs them time and money. This seri... 02/19/2012

 Helping the South Lake Tahoe, CA Home Seller sell their house (intro) (Lake Tahoe Real Estate Blog / February 14, 2012 / Richard Bolen) One of the things we do is provide as much information as possible to help a South Lake Tahoe, CA home seller sell their house. To be successful at that there is much a seller needs to know, comprehend and ultimately accept. This is our introduction to a new five-part series that will help all home sellers. The next five posts will focus on each of the top five things a seller needs to take into consideration. In general, and this is the bottom line, a seller needs to price their house properly. To do that, one has to be informed, or fully market aware. It is that market awareness, and keenly so, that helps a home seller overcome the single biggest mis... 02/19/2012

Tracking the South Lake Tahoe, CA Median Sold Price… since 2007. (Lake Tahoe Real Estate Blog / February 11, 2012 / Richard Bolen) We track South Lake Tahoe, CA home values by the median sold price. We've been doing this since 2001, in print via our newsletters from 2001 to 2006, and online since we started this blog in February 2007. Since then we've been tracking the South Lake Tahoe, CA median sold price in the chart found below. Our first entry unto it was April, 2007. We thought it worthwhile to review it… on this 5th anniversary of The Lake Tahoe Real Estate Blog. There is another chart below as well, and that one looks at South Lake Tahoe, Ca median sold prices by year since year 2000. Usually we look at the South Lake Tahoe, CA median sold price at 180-days, but we also look at ... 02/13/2012

Houses are bigger and big time less costly in South Lake Tahoe, CA these days. (Lake Tahoe Real Estate Blog / February 10, 2010 / Richard Bolen) Home buyers these days are looking for two essential things: a great deal, and comfort that they are not paying too much. Today the median sold price of the South Lake Tahoe, CA home is $225,000. This is based on all single family home sales in the last 180-days with the Tahoe Keys not included.  If the Tahoe Keys is included, the median sold price is $235,000. In the last 365-days 541 single family homes have sold. Of these, 278, or 51.3% were distressed properties (bank owned or short sales).  Characteristics of the Median Sold House : Think of the characteristics of a house as those essential elements that you find of the most interest. It i... 02/12/2012

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1223 Bonanza Ave. #36 - $59,000 - 2/1/0 condo 3675 Tamarack Ave. - $90,000 - 2/1/0 2616 Armstrong Ave. - $99,000 - 3/1/0 2585 Elwood Ave. - $114,900 - 3/1/0 2580 Alma Ave. - $115,000 - 2/1/0 477 Ala Wai Dr. #82 - $122,288 - 0/1/0 condo 1223 Carson Ave. - $129,900 - 3/1/0 516 Emerald Bay Rd. #323 - $134,900 - 2/1/0 846 Rainbow ... 02/03/2012

  PROPERTIES OF INTEREST The following property lists were assembled by Drew Kondo. Click the links to see the lists. California Bank-Owned Property Nevada Bank-Owned Property Drew's Best Buys $0 - $175,000 Drew's Best Buys $175,000 - $350,000 Drew's Best Buys $350,000 - $500,000 Drew's Best Buys $500,000 and Up Drew's Best Buys for Multiplexes Drew's Best Buys for Vacant Land 1051 CHEYENNE DR. (soon to be listed BANK-OWNED property) This bank-owned home will be listed in the near future. It is a 3-bedroom, 2.5-bathroom home with a 3-car garage and was built in 2006. For updates on the listing, please call me at 530.545.1831.   STATISTICS As the holder of a bachelor's in mathematics, I mine for a lot of real estate statistics. The following numbers present a good reflection of what's h... 01/21/2012

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1928 Haidas Cir. - $39,500 - vacant land 1223 Bonanza Ave. #36 - $59,000 - 2/1/0 condo 1142 Dedi Ave. - $89,900 - 2/1/0 3675 Tamarack Ave. - $90,000 - 2/1/0 516 Emerald Bay Rd. #433 - $93,500 - 1/1/0 condo 1234 Dedi Ave. - $99,000 - 2/1/0 3853 Lost Sheep Ln. - $100,000 - 2/1/0 3737 Paradise Ave. - $107,000 - 2/2/0 duplex 2616 A... 01/21/2012

More Distressed Sales and a few more High End sales above $5M characterize Stateline, NV 2011 real estate market. (Lake Tahoe Real Estate Blog / January 12, 2012 / Richard Bolen) This is the 2011 bottom line for the Nevada side of our South Lake Tahoe real estate market: demand was down slightly; median home values were about the same as last year; the percentage of distressed properties was higher, and luxury home sales over $1M were about the same in number, but notably higher above $5M. The chart below is the source material for this report. Now for the details:  Number Homes Sold : Slightly fewer homes sold in Stateline, NV in 2011 than in 2010. Total 2011 sales: 86 2010 sales: 91 The difference: Five fewer single family homes sold in 2011 than last year.  Median Sold Price : (home ... 01/16/2012

 I could not imagine doing a Home Inspection in January in South Lake Tahoe with no snow. Well if all stays the same I will be doing one this week. Normally this time of year when inspecting homes at high altitude I would not be able to see the roof or parts of the foundation and usually none of the ground. I would also be on the lookout for signs of ice damming. While this maybe the norm it won't be this time.  Well this January there will be full visibility due to the unusual weather. There is a possibly even a walk on the roof might be done, something that could end in death any other January. I usually enjoy working up at the lake but not in the middle of winter. This year I'm looking forward to it. I plan on enjoying the trip because it may never be like this again. I don't know if... 01/15/2012

Demand Up, Prices Down, Distressed Property Sales about the Same. (Lake Tahoe Real Estate Blog / January 4, 2012 / Richard Bolen) This is the 2011 bottom line for our South Lake Tahoe, CA housing market: demand was up by 6.7%; home values were down by 19.7%; the percentage of distressed properties sold was about the same, and the percentage of properties sold under $300,000 increased by 17.7%. The charts below are the source materials for this report. Now for the details:   Number Homes Sold : More homes sold in South Lake Tahoe in 2011 than in 2010. Total 2011 sales: 541 2010 sales: 507 The difference: 34 homes sold, or an increase of 6.7% in 2011 South Lake Tahoe, CA housing demand.   Median Sold Price : South Lake Tahoe, CA median home values declined in 2011 by 19.7% compared to 201... 01/09/2012

2011 trend of better, but slower than we'd like, economic news continues. (Lake Tahoe Real Estate Blog / January 5, 2011 / Richard Bolen) Here's what it says, "The job market is looking a little brighter at the start of the new year." It's via the Associated Press and it's in the first weekly jobs report of 2012. As we've consistently reported since the onset of the tough economic times that started in late 2005, and got worse by 2008, they key to recovery is the US housing market, and the key to that is our national jobs market. Here's a few bullet points in today's jobs report: Weekly unemployment benefit applications have fallen to levels last seen more than three years ago. The data released today shows a picture of an economy that is slowly strengthening. Today's report found Wall... 01/07/2012

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1223 Bonanza Ave. #36 - $59,000 - 2/1/0 condo 1142 Dedi Ave. - $79,900 - 2/1/0 1234 Dedi Ave. - $82,000 - 2/1/0 516 Emerald Bay Rd. #433 - $84,900 - 1/1/0 condo 3675 Tamarack Ave. - $90,000 - 2/1/0 2616 Armstrong Ave. - $99,000 - 3/1/0 3768 Larch Ave. - $107,500 - 2/1/0 2585 Elwood Ave. - $114,900 - 3/1/0 477 Ala Wai Dr. #82 -... 01/03/2012

Rising Consumer Confidence, Lower Housing Prices, Falling Jobless Claims, Historic Low Interest Rates are hopeful signs. (Lake Tahoe Real Estate Blog / December 27, 2011 / Richard Bolen) Here's a few reports that have come in through the holidays that we find encouraging. All are hopeful about a recovering economy (yes, we too wish it were faster), and all are good news for home buyers looking for South Lake Tahoe opportunities in the new year. This first article came out just before Christmas, and it finds the number of Americans filing for first-time unemployment benefits dropped to their lowest level since April 2008, boosting optimism in the job market. (here) This next article came out today, and in it Case Schiller finds that housing prices dropped in 19 of 20 top US cities in Oc... 12/29/2011

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1928 Haidas Cir. - $24,900 - vacant land 1223 Bonanza Ave. #36 - $59,000 - 2/1/0 condo 1142 Dedi Ave. - $79,900 - 2/1/0 516 Emerald Bay Rd. #433 - $84,900 - 1/1/0 condo 3675 Tamarack Ave. - $90,000 - 2/1/0 1234 Dedi Ave. - $94,100 - 2/1/0 2616 Armstrong Ave. - $99,000 - 3/1/0 954 Modesto Ave. - $106,000 - 2/2/0 duplex 1046 Herb... 12/15/2011

Terrific News for all South Lake Tahoe Home Buyers (Lake Tahoe Real Estate Blog / December 13,2011 / Richard Bolen) Here's what the article says: "There may not have been any generation in history that has faced such incredibly affordable home ownership, especially when a young couple is buying a first home to get started in life, invest in a home, and raise a family. At least in terms of housing affordability, young, middle-class Americans have never had it this good." This means you, South Lake Tahoe home buyer. The article comes today via the Wall Street Pit, and it is in full here. The basis of the article, and it is worth repeating, is that it has never been more affordable for our public to buy a house than it is right now. Here is an interactive chart from one of our Federal Rese... 12/15/2011