A Closer look at all 2009 real estate activity in the Tahoe Keys, one of South Lake Tahoe’s premier neighborhoods.
We’re about to get an extraordinary listing in the Tahoe Keys, one that is an astounding opportunity in terms of both price and vacation rental income production. We’re talking verified income, not potential, and believe me there is a difference between cold, hard income… and wishful thinking.
The house we are talking about has the best, most creative vacation rental... Read Full Story
South Lake Tahoe DUI patrols will increase during Holiday season.
Back when we were younger, we used to refer to "DUI" as "DWB"… driving while blind. We used to think that was funny. But we were wrong!
As a bona fide safety precaution, or a warning if you will, both California and Nevada law enforcement will crack down on drunken driving this holiday season.
Starting at 8 p.m. on Dec. 18, South Lake Tahoe Police will conduct DUI checkpoints throughout the area. These additional... Read Full Story
Both you and your children get their own, separate South Lake Tahoe winter vacation!
The City of South Lake Tahoe Parks and Recreation Department is hosting a holiday camp Dec. 21-31 for youth in kindergarten through eighth grade.
Cost is $20-$23 per day, or $70 per week. All participants must sign in by 9:15 a.m. and bring a sack lunch and snow clothes each day.
The camp runs from 7:30 a.m. to 6:30 p.m. and includes baking cookies, ice skating, swimming, movies, gym games, arts and... Read Full Story
Five key South Lake Tahoe market indicators: Demand, Supply, Escrow, Prices, Absorption .
Here’s a summary of all key real estate market indicators for South Lake Tahoe, CA.
The Bottom Line :
Demand as of today in 2009 is slightly more than that of 2008, 401 sales v. 354 sales respectively. Supply is about the same as we normally see this time of year..
Prices throughout the year have been affected by a twofold increase in the percentage of foreclosed sales compared to homes... Read Full Story
Road Ready for South Lake Tahoe Winter Season
We’ve got more early snow here in South Lake Tahoe than we’ve had in years. Since we’ve lived here to be exact. In our winter mountain resort wonderland, don’t you just know it, snow is king!
With all of that, an army of 600 employees, 355 plows, blowers, and other equipment, 12 maintenance stations and the combined efforts of California Highway Patrol, Nevada Department of Transportation (NDOT) and local government will scour roughly 1,330... Read Full Story
Continuing South Lake Tahoe Home Value Decline in 2009.
The chart below indicates the South Lake Tahoe, CA median sold price since April 2007.
In reviewing this most telltale indicator of South Lake Tahoe real estate market performance, we always look at the median sold price from four points of view: over 365, 180, 90 and 30 days.
180 Days is Best :
Throughout most of 2009, the average time it has taken to sell a South Lake Tahoe, CA house has been six months. At present that average... Read Full Story
As the holder of a bachelor’s in mathematics, I mine for a lot of real estate statistics. The following numbers present a good reflection of what’s happening in the South Lake Tahoe real estate market. Since January 2009, median sale price has leveled. The bottom of the market is near.
The market as a whole has 9.1 months supply of inventory. A balanced market is traditionally defined by 5 to 7 months supply of inventory. Because we have a greater suppy than this, we are still in a buyer’s... Read Full Story
A 24.8% difference in value between a forclosed South Lake Tahoe, CA house.. .and one that is not.
A distressed property is either a bank owned (REO) home, or one that is a short sale, and there is a significant difference between the value of a distressed property in South Lake Tahoe, CA and one that is not.
Lets look at the effect of distressed properties on all 2009 South Lake Tahoe, CA single family home sales. Note the statistics and charts below used to produce his... Read Full Story
ASHBURN, Va.
See the original post here:
KTVN Channel 2 – Reno Tahoe News Weather, Video – Cerrato resigns as Redskins’ front office chief (KTVN Reno)
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South Lake Tahoe, NV Favorite adds New Entree Menu
Sam’s Place Bar & Grill in Zephyr Cove has added an entree menu to its longtime offerings of salads, sandwiches, burgers and pizzas. The new menu features steaks, seafood and pastas served nightly from 4 to 10 p.m.
Sam’s Place is at 611 Highway 50.
Call (775) 588-2844 for information.
Source: Associated Press via Tahoe Daily Tribune
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