Inventory is still tight which is giving sellers the incentive to raise listing prices. Median sales prices have increased in all categories. The number of potential buyers is also increasing due to the new tax laws and more buyers from California looking to buy in a more tax friendly state. In this seller’s market, it […]
Is it time to buy a Rental?
We have finally received some snow this past week in North Lake Tahoe. The ski areas are reporting snow depths up to 20 inches. A welcome addition to the very light snow conditions from November through January. Property listing inventories are increasing and prices are moving up in condos but steady for single family homes. […]
Sellers Market?
It seems that we are starting to see an upward trend in Condo prices. Inventory has increased slightly, but not enough to force sellers to lower the asking price. Single family home sales on the other hand indicate this is still a buyers market. However as inventory decreases over the winter, we may see higher […]
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