Still confused, so is the market. September sales are strong but mixed. Over all, September 2019 sales finished more than 10% above September 2018. Looking further back sales were 15% below September 2017, which was an exceptionally strong sales Continue Reading
Which way are housing sales going, up or down? The Tahoe/Truckee housing market isn’t sure, let’s looks at some of the numbers. Comparing sales volume from August 2018 to 2019 an overall decline of 5% can be equated. Upon breaking this down into Continue Reading
It would appear a little bit of everything. For the entire area we saw a small decline of less than 10% in sales volume. Tahoe Donner had the biggest decline going from 36 sales a year ago to 23 this year, or 36%. The decline was almost exclusively in Continue Reading
It isn’t just the real estate market that got beat up a little by the weather, it seems many folks around town struggled with it too. I think the market was very fortunate that we had a strong April. That helped carry over in to May sales which were down a little from the Continue Reading
The winter of 2018 / 2019 is coming to an end but not without leaving some marks. The impact on sales has been following the same path we had after the record setting 2016 / 2017 winter. Though this winter was not quite as heavy it certainly had its moments. These Continue Reading
Record snowfall in February brought sales numbers in almost identical to snowmageddon February 2017. Squaw Valley reported just over 300 inches or 25 feet of snow in February this year eclipsing their biggest single month snowfall record which was January 2017. You Continue Reading
January total sale numbers came in only marginally lower then last year. That is very good news when you consider the stock market was in turmoil, the government shut down was well under way and interest rates were near recent highs. Final sale volume numbers were down by a Continue Reading
Sales volume is down across North Tahoe and Truckee market much like the state and the nation. Officially in combined sales of both single family and condos for the area as a whole, we are down 24%. Broken out the overall drop in condos was much deeper than in single family Continue Reading
Post elections and things are status quo on the real estate propositions 5 and 10. I am not surprised with the public not wanting change. While I did believe proposition 5 had some good potential to effect change it was not for the same reasons they were selling it on. It Continue Reading
