Market Updates

Dec. 7, 2016

LAKE TAHOE SALES

Lake Tahoe Sales

With just over 1 month left in the year, I’ve compiled single family home sales data for Incline Village and included “pending sales” in the total sales data, assuming these close in under 40 days. The most notable trend is the increase in the number of sales ...

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Posted in Market Updates
Sept. 12, 2016

REAL ESTATE - WEEK IN REVIEW

Home prices around the country, including distressed sales, have risen 6 percent from July 2015 through July 2016, according to data analytics firm CoreLogic. Low home loan rates will likely fuel home purchases in the year ahead. Limited inventory, however, could further drive home prices up because the supply is ...

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Posted in Market Updates
Aug. 29, 2016

JULY HOME SALES NUMBER'S

New Home Sales soared in July to highs not seen in nine years. Existing Home Sales experienced the opposite, plagued by low inventory and higher prices.

New single-family home sales surged due to a strengthening job market and low home loan rates. New Home Sales rose 12.4 percent to ...

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Posted in Market Updates
Aug. 23, 2016

FORECAST FOR THE WEEK

Housing news and economic growth in the form of Gross Domestic Product will be closely watched.

The week begins with New Home Sales being released on Tuesday followed by Existing Home Sales on Wednesday.

Weekly Initial Jobless Claims and Durable Goods Orders will be delivered on Thursday.

On Friday, the ...

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Posted in Market Updates
Aug. 22, 2016

Incline Village Real Estate Market Price Trend

I calculated the Real Estate median price for residential homes sold in the past 10 years on the Incline Village and Crystal Bay real estate market in order to determine the price trend for North Lake Tahoe home sales. The chart bellow reflects the data we collected starting 1//1 ...

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Posted in Market Updates
Aug. 22, 2016

LAST WEEK IN REVIEW

More families may soon be on their way to homeownership as July Housing Starts hit their highest level in five months. Meanwhile, consumer inflation remained tame.

July Housing Starts rose 2.1 percent from June to an annual rate of 1.21 million units, above the 1.167 million expected ...

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Posted in Market Updates
Aug. 15, 2016

MONTH IN REVIEW

After big gains in June, consumers didn't move the needle on Retail Sales in July. Economists were looking for a 0.4 percent rise, rather than the zero percent change reported.

Lower sales for gasoline, sporting goods, food and beverages, and building materials were a drag on the data ...

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Posted in Market Updates
Aug. 3, 2016

RENO - TAHOE ECONOMIC OVERVIEW

After the announcement of Tesla’s gigafactory in September, 2014, the Greater Reno-Tahoe area has experienced a major economic boom and the ramifications are far reaching. As the relocation announcements of large and well-known companies are publicized, other businesses, investors and developers from all over the country are moving quickly to ...

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Posted in Market Updates
July 26, 2016

BUBBLE WATCH: COULD THE HOUSING MARKETS IN THESE TOP CITIES BE GETTING TOO HOT?

Home prices are skyrocketing faster than inflation. Bidding wars are breaking out. Shacks in the nation’s most scorching real estate markets are selling for over a million bucks. Things seem to be heading up, up, up. Sound familiar?

Déjà vu can be a spooky thing. Some folks these days are ...

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Posted in Market Updates
July 13, 2016

INCLINE VILLAGE AND LAKE TAHOE - 2016 FIRST HALF SALES

http://tahoerealestatediary.com/wp-content/uploads/2016/07/North-West-Shore-MidYear-MMR-2016.pdf

Tahoe Real Estate market performs quite differently than the national average. Even in an area the size of Lake Tahoe, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating a large financial commitment such as the purchase ...

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Posted in Market Updates