Foreclosure List for South Lake Tahoe, CA – July 28, 2008

I know a lot of you searching the internet are curious about South Lake Tahoe foreclosures.  I’ve decided to make things easy for you, and I’m just going to publish a foreclosure list every couple weeks.  The latest list can be accessed at the foreclosure section of my blog. Right now there are 8 foreclosures in South Lake Tahoe – 7 homes and one multi-plex.  There are no condos in foreclosure. The two latest foreclosures, 873 Stanford & 1612 Choctaw, are pretty good... Read more »

The Right Time to Buy May Be Now

Seventy homes are in escrow here in South Lake Tahoe. It hasn’t been since September 2005 that we’ve seen that many homes pending. Over the last few years, a lot of people have been waiting for the right time to buy. It seems that many think that time is now. I’m really beginning to agree with them. Here are a few good reasons why it may be time to buy: 1. Interest Rates Will Go Up Interest rates are low these days. They have no where to go but up and with inflation skyrocketing,... Read more »

Parents Have Choice of South Shore Schools

I thought some of you might find this information interesting. The Tahoe Daily Tribune released information on South Tahoe area schools. Everything looks good to me except that Zephyr Cove’s middle school, Kingsbury Middle School, closed on June 9, 2008. Sixth graders will now go to Zephyr Cove Elementary. Seventh and eighth graders will go to Whittell High School, which is also in Zephyr Cove.   Parents Have Choice of South Shore Schools Tahoe Daily Tribune, June 13, 2008 The Lake Tahoe Unified... Read more »

Angora Fire Real Estate Video Blog

Watch in high quality  Read more »

June 2008 Statistics for South Lake Tahoe Real Estate

As predicted, the median sale price for single-family residences in South Lake Tahoe dropped dramatically in June, down to $365,000. The market is certainly suffering. However, I’m becoming skeptical of the statistical barometers we continue to rely upon. Perhaps the steep decline in median sale price doesn’t quite reflect what’s happened to home values here in South Lake Tahoe. Perhaps the decline in median sale price is due in large part to increased activity in the lower price bands. Given... Read more »

Months Supply of Inventory (MSI) and Absorption Rates in Real Estate

I love real estate statistics. I got a math degree from the University of Texas, so I could make a career of real estate stats. In this blog, I’ll keep things relatively simple. In efforts to improve the statistics I present you, I am beginning to mine for and calculate absorption rates and months supplies of inventory for you. These stats are important because they reflect how a market is doing. They also help savvy buyers and sellers establish and meet their goals. Absorption rate – the rate... Read more »

TRPA Part 1: An Introduction to the Tahoe Regional Planning Agency

Imagine the Lake Tahoe basin with 800,000 homes in it. A freeway, connecting different mountain peaks, overlooks the basin where the Tahoe Rim Trail currently lies. Lake Tahoe is another San Francisco. This is what many area planners hoped for in the 1960’s, shortly after the Olympic Games at Squaw Valley. Fortunately the government stepped in, and the U.S. Congress ratified an agreement in 1969 creating the Tahoe Regional Planning Agency (TRPA). These days the TRPA is most often a target of criticism.... Read more »

Feedback Request for Website Software Upgrade

I just upgraded my website’s blogging software.  It was a big scary process that appears to have gone well.  In part, this is a test message to see if things are working.  However, I will ask that if you see anything weird from your end, please notify me.  Send all feedback to dkondo@chaseinternational.com.  Read more »