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
11993 Whitehorse Road, The Meadows – SOLD
This is country living at its finest! Spacious and comfortable 3,689 sf home in a gated community on over 5 level acres! Popular great room floor plan with mountain views and extra large rooms, this home offers a huge kitchen, bar,spacious bedrooms & beautiful great Continue Reading
11699 China Camp Road, Gray’s Crossing – SOLD
Seller's motivated so make a reasonable offer for one of the nicest lots in The Bluff's and build your dream home! Beautiful southern facing lot in the Bluffs at Grays Crossing. Superb corner location on the cul-de-sac with a private and peaceful setting backing to open Continue Reading
370 Olive Street, Carnelian Bay – SOLD
Have you dreamed of owning a Cabin at the Lake? This darling 966+ sf 3 bedroom, 2 bath + small loft sits proudly on a beautiful .23 acre lot with peek Lake views. Property is adjacent to CA & Federal land for year-round recreating. Built in 1957 & meticulously Continue Reading
12905 Palisade Street, Donner Lake – SOLD
Beautiful views of sparkling Donner Lake, Northstar, Sugar Bowl & Schallenberger Ridge abound! Absolutely lovely, custom construction built in 2007, this home offers lots of light year round, two large decks, terrific rviews & is impeccably maintained. Great all year Continue Reading
263 Tallac Street, Carnelian Bay – SOLD
Original Old Tahoe Cabin built in 1930 nestled on a forested half lot in prestigious Carnelian Bay! Cabin is being sold with adjacent half lot (see MLS #2902113) which is also priced at $149,500 - $299,000 total. Can be merged as a Bailey lot with excellent coverage between Continue Reading