South Lake Tahoe by the Numbers

Here’s a little information on South Lake Tahoe demographics from the Tahoe Daily Tribune.  I’m not sure how they figured that Sacramento is closer to South Lake Tahoe than Reno.  According to Google, Reno is a 60.2 mile and 1 hour and 17 minute drive.  As the crow flies, it is 41.6 miles from South Lake Tahoe.  Sacramento is a 102 mile and 1 hour and 53 minute drive.  And it’s 85.6 miles from South Lake as the crow flies. Also, South Lake Tahoe’s population growth has leveled... Read more »

South Lake Tahoe Foreclosures – October 16, 2008

After an incredibly busy period amongst South Lake Tahoe foreclosures, these last two weeks have been very quiet in comparison. Four homes on the foreclosure list went into escrow, and there are only two new homes to the list. There were some significant price reductions amongst foreclosures within the last two weeks. 967 Colusa Street was just reduced $35,000 to $449,000. I’ve mentioned in a previous post that it’s a beautiful home with a lot of potential. I expect it to go into escrow soon.... Read more »

2131 Cascade Road Video Tour

I’ve created another video tour for my brokerage, Deb Howard & Co. This lakefront home is just outside of South Lake Tahoe and is listed at $3.6 million. I’d encourage you to watch it in high quality so you can see the property better. If the video stops during playback, just press the pause button and wait a minute for the video to download. Watch in high quality  Read more »

Foreclosure List for South Lake Tahoe, CA – October 3, 2008

We’ve seen some more activity in the South Lake Tahoe foreclosure market. Ten foreclosure properties went into escrow here within the last 13 days! There are 3 new foreclosure listings. The most interesting of these is at 2188 Pinewood Drive. It’s a huge 2,915 square foot home that was built in 2004. With a $435,000 list price, there’s an incredible bidding war going on for that property. Expect it to close well above list price. It’s a busy Friday, so that’s all for now! I hope... Read more »

September 2008 Statistics for South Lake Tahoe Real Estate

There’s been a bit of a buzz in the South Lake Tahoe real estate community. Have we hit the bottom of the market? Possibly. Check out the median sale prices over the last seven months. It looks like we hit bottom in June and have been heading up in the following months. Additionally, the median list price of homes in escrow right now is $437,000. I’d expect that number to drop to about $412,000 because our sale-price-to-list-price ratio on the year is 94.23%. These numbers fall in line... Read more »