Is there another Housing Bubble? Solid numbers for November say NO! November showed solid sales numbers for the Tahoe/Truckee real estate market. November comparative transaction volume was 10% above 2018, yet 16% below 2017. The standout market segment Continue Reading
Is there strength in numbers? The market thinks so! It appears the Tahoe/Truckee real estate market is alive and well. Solid sales volume in 3 of the 4 regional areas pushed sales numbers above last October. Considering many areas of the country are experience, an Continue Reading
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
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
A significant drop of 37% in total sales for December did not come as a complete surprise. We knew a drop was coming but didn’t think it would be by this much. While most regions are seeing declines in the teens or single digits we saw bigger declines. A decline of 23% in 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
