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Tahoe Homes BlogTahoe Homes BlogTahoe real estate news, home sales and market data for Incline Village, Lake Tahoe, Reno and Truckee. Articles
Weakest US Housing Markets
2007-10-06 02:32:00 Matt Woolsey Oct. 5, Forbes.com Forecasters predict that median home sales price drops with reach between 8%-9% in areas like hard-struck Detroit, Riverside California and Las Vegas according to data compiled by Moody’s Economy.com, a Westchester, P.A.-based research firm. Except for Detroit, many cities anticipating further declines were those that saw steep run-up in prices in ... More About: Markets , Housing
So Where are the Best and Worst Housing Markets?
2007-10-05 23:20:00 In light of the overall slump in the housing market, it is important to note that local markets vary greatly. In areas like Tampa, Phoenix and Las Vegas where speculative buying was rampant, now high vacancy rates have driven down prices. Similarly, in markets where home building far exceeded occupancy demands such as in Reno and ... More About: Markets , Housing
Mortgage Rates Move Lower in Latest Week
2007-10-05 01:15:00 Some good news on mortgage rates came out last week. While no money down loans are a thing of the past, public sentiment that “it’s impossible to get a loan these days” is not true. Lenders are qualifying borrowers more rigorously, but if you have good credit and can put 20% down on a conventional loan, ... More About: Mortgage , Week , Move , Lower , Rates
Incline Village Leads Lake Tahoe in Real Estate Sales
2007-10-03 00:56:00 Incline Village continues the trend in growing sales prices. The average price of a single family home in Incline Village, Nevada, jumped 30% to $1,888,372 year to date through September 30, 2007 over the same period last year. The median price was up 15% to $1,215,000 for the same period. Note that this data is ... More About: Estate , Real Estate , Sales , Leads , Lake Tahoe
Fall Recipe- Beef Stroganoff
2007-10-02 00:43:00 Beef Stroganoff was invented by a chef working for a Russian general, Count Pavel Stroganov, in the 1890s. It became popular in the U.S. in the 1950s from servicemen returning from Europe and China after WWII. Beef Stroganoff is basically tender strips of beef and mushrooms cooked in a sour cream sauce and served over ... More About: Recipe , Beef , Fall , Reci
Weekly Economic Update- Sept. 26
2007-09-26 20:21:00 The “R” word is in the air, in spite of everyone’s gratitude to the Fed for giving us a 50 basis point rate reduction. Economic indicators are beginning to point toward a slowdown in far more than the real estate sector…notably in consumer confidence as well. It’s time to watch the indicators with extra care…and that’s ... More About: Update , Weekly , Sept
Bottom In? Wealthy Are Indicators
2007-09-24 20:09:00 Mark Buergin High-end properties are garnering more interest in Incline Village this past week. Many agents are reporting a brisk interest in their higher priced listings. So called ?low ball offers? have been followed with much more realistic offers. This may portend a renewed interest in luxury properties at Incline Village. This all seems to follow the feds pro-active ... More About: Wealthy , Bottom , Indica , Cato
Good News- Weekly Economic Update Sept. 19
2007-09-19 20:05:00 Steve Peterson, Chase Home Loans Yes, the Fed took a serious chunk out of the fed funds rate and I finally have good news?something happy?to write about. I am grateful. More to the point, though a rate reduction is certainly not a panacea that will solve every problem out there, it will help?at least, for now. What?s ... More About: News , Good News , Update , Weekly , Economic
Incline Village ?Bucks the Trend?
2007-09-19 20:01:00 A recent article was submitted to the local Tahoe Bonanza newspaper on the resilience of the local real estate market. I believe that a strong stock market coupled with a healthy technology sector adds tremendous demand for a rare ?lifestyle? type property such as Incline Villa ge at Lake Tahoe. As more and more baby boomers ... More About: Bucks , Trend
Stand in Line or Stand Alone
2007-09-18 06:28:00 The home sales market began to slow down almost a year ago, causing many potential buyers to postpone buying and anticipate that prices would drop. In some regions prices did in fact drop but in the western areas of Seattle, San Francisco, and Austin, prices actually increased due to robust technology centers (high paying jobs) ... More About: Line , Stand , Stand Alone
Stand in Line or Stand Alone
2007-09-18 06:28:00 The home sales market began to slow down almost a year ago, causing many potential buyers to postpone buying and anticipate that prices would drop. In some regions prices did in fact drop but in the western areas of Seattle, San Francisco, and Austin, prices actually increased due to robust technology centers (high paying jobs) ... More About: Line , Stand , Stand Alone
Technology, Real Estate and Insiders Information
2007-09-18 06:17:00 The home computer is playing a very important role in the home search process. It is estimated that 80% plus of all real estate searches begin online with buyers and sellers using sites such as Real tor.com, Trulia, and Zillow to educate themselves about inventories. They will then contact a realtor to negotiate, advise and close ... More About: Information , Technology , Estate , Real Estate
Technology, Real Estate and Insiders Information
2007-09-18 06:17:00 The home computer is playing a very important role in the home search process. It is estimated that 80% plus of all real estate searches begin online with buyers and sellers using sites such as Real tor.com, Trulia, and Zillow to educate themselves about inventories. They will then contact a realtor to negotiate, advise and close ... More About: Information , Technology , Estate , Real Estate
Sept. 12 Economic Update- Every down turn is followed by an upturn
2007-09-12 06:43:00 As we go through these challenging times, I have to reflect on the difficult real estate market of 1994 and 1995. Every down turn is followed by and upturn. In a few years when home sales and home prices are increasing, many a procrastinator ... More About: Update , Economic , Turn , Sept
Sept. 12 Economic Update- Every down turn is followed by an upturn
2007-09-12 06:43:00 As we go through these challenging times, I have to reflect on the difficult real estate market of 1994 and 1995. Every down turn is followed by and upturn. In a few years when home sales and home prices are increasing, many a procrastinator will think to them ... More About: Update , Economic , Turn , Sept
Weekly Economic Update Sept. 5, 2007
2007-09-05 06:43:00 Dear Friends– When the going gets tough, the tough know better than to write newsletters. Nonetheless, I plunge ahead, fool that I am–and I hope that these updates help a bit to make sense of the current economic crisis. Please enjoy this week’s economic update. 30-yr Fixed-rate Mortgage 6.98% 15-yr Fixed-rate Mortgage 6.65% 1-yr ARM 6.44% [HSH average rates: 30-yr ... More About: Update , Weekly , Economic , Sept
Weekly Economic Update Sept. 5, 2007
2007-09-05 06:43:00 Dear Friends– When the going gets tough, the tough know better than to write newsletters. Nonetheless, I plunge ahead, fool that I am–and I hope that these updates help a bit to make sense of the current economic crisis. Please enjoy this week’s economic update. 30-yr Fixed-rate Mortgage 6.98% 15-yr Fixed-rate Mortgage 6.65% 1-yr ARM 6.44% [HSH average rates: 30-yr ... More About: Update , Weekly , Economic , Sept
Changing Horses in the Middle of the Race
2007-09-02 05:09:00 It seems as of recent that many sellers in this market are getting frustrated due to the slowing real estate marketplace. Even though the agents are going through all the right marketing procedures, they can not fabricate buyers who are not there. So the seller takes on a “new broom sweeps clean” approach, lowering the ... More About: Race , Horses , Changing , Middle , Horse
Changing Horses in the Middle of the Race
2007-09-02 05:09:00 It seems as of recent that many sellers in this market are getting frustrated due to the slowing real estate marketplace. Even though the agents are going through all the right marketing procedures, they can not fabricate buyers who are not there. So the seller takes on a “new broom sweeps clean” approach, lowering the ... More About: Race , Horses , Changing , Middle , Chang
Weekly Economic Summary August 29, 2007
2007-08-29 22:16:00 The more everyone agrees that we are in the middle of an economic crisis–myself among them–the more it occurs to the Contrarian within that the economic tide may already be turning. Not quickly, mind you–but it’s difficult to imagine the whole world agreeing about any aspect of the economy until the economic stage in question ... More About: Weekly , Economic , August , Summary
Weekly Economic Summary August 29, 2007
2007-08-29 22:16:00 The more everyone agrees that we are in the middle of an economic crisis–myself among them–the more it occurs to the Contrarian within that the economic tide may already be turning. Not quickly, mind you–but it’s difficult to imagine the whole world agreeing about any aspect of the economy until the economic stage in question ... More About: Weekly , Economic , August , Summary
Weekly Economic Update August 22, 2007
2007-08-22 22:14:00 In a way, it’s nearly exciting to read the newspapers these days (The Wall Street Journal and New York Times) and learn something new, every day–another facet of the world of lending that has become complex beyond most people’s understanding. The way ahead, unfortunately, is likely to continue to provide this level of fascination and complexity–and ... More About: Update , Weekly , Economic , August
Weekly Economic Update August 22, 2007
2007-08-22 22:14:00 In a way, it’s nearly exciting to read the newspapers these days (The Wall Street Journal and New York Times) and learn something new, every day–another facet of the world of lending that has become complex beyond most people’s understanding. The way ahead, unfortunately, is likely to continue to provide this level of fascination and complexity–and ... More About: Update , Weekly , Economic , August
Tahoe City Fire- West Shore, Lake Tahoe
2007-08-19 00:39:00 At about 1:30pm on Saturday, August 18, a house fire spread to a 5 acre brush fire south of Sunnyside, near Tahoe City . the fire is located between Pineland Drive and Washoe Way, Three structures have burned , evacuations have started for Talmont and Sequoia avenue and Highway 89. Smoke is billowing from the fire, with an orange ... More About: West , Fire , Lake Tahoe , Shore
Tahoe City Fire- West Shore, Lake Tahoe
2007-08-19 00:39:00 At about 1:30pm on Saturday, August 18, a house fire spread to a 5 acre brush fire south of Sunnyside, near Tahoe City . the fire is located between Pineland Drive and Washoe Way, Three structures have burned , evacuations have started for Talmont and Sequoia avenue and Highway 89. Smoke is billowing from the fire, with an orange ... More About: West , Fire , Lake Tahoe , Shore
Weekly Economic Update August 15, 2007
2007-08-15 22:13:00 didn’t want to put the following words in your mouths, but I must say that I am finding some reasons for optimism in the midst of the current chaos. No rose-colored lenses, just a simple fact. We keep hearing of deals that lenders are simply turning down, deals that make very good sense. The economy ... More About: Update , Weekly , Economic , August
Weekly Economic Update August 8, 2007
2007-08-08 21:59:00 Economic conditions are looking slightly worse each week, though I do not share the feeling of panic that continues to show its face occasionally in the markets–especially the credit markets. Indeed, FDR comes to mind: We have little to fear but fear itself. As Walls Street shows concern about mortgage backed securities, rates are growing up and there ... More About: Update , Weekly , Economic , August , August 8
The Inman Conference- Conquering the Social Media Universe
2007-08-03 22:07:00 With a fantastic venue in the palatial halls of the Palace Hotel, over a thousand real estate and technology entrepeneurs and seasoned agents colluded in this 3 day event, each conspiring to conquer this new universe of social media soon-to-be-giants. As a mignon in this world of collosal idea makers, I scan the registration hall and ... More About: Social , Media , Universe , Inman , Ferenc
CASH IS KING
2007-08-03 19:28:00 Incline Village is an economic entity in itself, in many ways. It is by and large a true resort town with most of the housing being second or third homes belonging to the upper 1% of income earners. We have been noticing a strong increase in the 2 million plus homes that are being purchased for ... More About: King , Cash
Weekly Economic Update- August 1
More articles from this author:2007-08-02 06:52:00 The financial markets are rushing around and around without clear direction, but with many forebodings of possible panic-driven shocks to the stock markets, to interest rates, to the credit markets. While the Fed continues to worry (in public, at least) about higher inflation, the markets seem genuinely concerned about an approaching credit crunch of some ... More About: Update , Weekly , Economic , August , Econ 1, 2, 3, 4 |
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