Record Price Reductions Fuel Tahoe Property Sales! The 4th quarter of 2009 delivered record sales and the lowest prices in years in the Truckee Tahoe real estate markets. “It was a great quarter for buyers as prices continued to soften. My clients buying properties were Continue Reading
Archives for February 2010
Welcome to our Inaugural Spotlight on Truckee-Tahoe E-news.
Bank Owned & Short Sale Properties Represent 23% of Truckee Sales with Higher Lake Area Statistics
Given the unique bubble market, the counts for the Lake Tahoe and Truckee area for bank owned properties (REO’s) and short sales were relatively low compared to Q4 sales volume. In Truckee, only 7% were short sales and 16% bank owned REOs—equaling about 1 out of every 4 Continue Reading
Mortgages Pick Up as the Market Anticipates an Increase in Rates in 2010
Mortgage rates continue to run into a floor at sub 5.0%. This has held true for the month of January and just into February. The big picture outlook, barring a major shift in market sentiment that drives benchmark Treasury yields lower, is that mortgage rates should move Continue Reading
Record Price Reductions Fuel Tahoe Property Sales!
The 4th quarter of 2009 delivered record sales and the lowest prices in years in the Truckee Tahoe real estate market and making it a prime time for Buyers as prices continue to soften. Several Elder Group clients were able to secure their dream Tahoe retreat with phenomenal Continue Reading
Alison & the Elder Group’s Real Estate Market Perspective
While real estate market conditions, like the stock market, are difficult to predict, we have a perspective based on our experience in the market. As the number of bank owned properties (REO’s) and short sales increase with the next wave of bank releases scheduled through Continue Reading
To Buy or Not To Buy a Bank Owned or Short Sale Property?
Blending REO and short sale properties, there’s a common consumer theme from our clients, “I want to buy a short sale bank or bank owned property!” While we can accomplish this, be aware that dealing with short sales requiring bank approval can be very disappointing for Continue Reading
Tahoe Donner Continues to Attract
Tahoe Donner is undoubtedly one of the most attractive areas to buy property and enjoy the Tahoe lifestyle. Tahoe Donner’s popular HOA (Home Owners Association), with 6,200 home sites and unparalled amenities is really second to none. Providing easy access to ski resorts, Continue Reading
13406 Ski Slope Way, Tahoe Donner – SOLD
Welcome home to this almost new and absolutely lovely Chalet on lower Skislope Way! You’ll LOVE the amazing views yet easy year ‘round access this custom Flagg Construction home offers! In impeccable condition, this Executive relocation situation offers a tremendous Continue Reading
11949 Oslo Drive, Tahoe Donner – SOLD
Delightful and lovingly maintained Tahoe Donner Cabin with 3 bedrooms, 2 baths and attached 2 car garage on coveted Oslo Drive! Just a short walk to Trout Creek Rec Center, you'll love the location and terrific layout of this single story beauty! Sunny and nearly flat Continue Reading
