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Posts from November 2024

Lake Tahoe & National Real Estate News

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EVENTS | 3 Posts
Lake Tahoe | 20 Posts
Reno | 15 Posts
Uncategorized | 7 Posts
November
22

As the holidays get closer, you have a great chance to show off how elegant and charming your luxury home is to potential buyers. People looking to buy often like homes that feel cozy, welcoming, and full of holiday spirit at this time of year. Here are some key ways to help you set up your luxury home for the holiday season.

  • Keep It Classy and Simple
    Luxury homes stand out due to their elegant design and top-notch finishes. When decorating your home for the holidays, remember that less often works better. Pick classy, premium decorations that match the home's current design. For instance, go for a timeless neutral color scheme like gold, silver, or white, which can boost luxury without dominating the space. Stay away from too much stuff or super bright colors that might take attention from your home's best parts. Think about adding touches like a simple wreath on the front door,...

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November
18

As of November 18th , above is an chart showing the price/sf for the South Lake Tahoe market. This is a snapshot of home/condo/townhome sales in the last three months. When you compare price/sf you are not comparing apples to apples. It tends to jump around depending on size, location, condition, supply and demand. It can help a seller price their home to be more competitive when looking at the median sales price. It can help buyers with using it as another comparison. The chart shows an average of $532/sf and a median of $493/sf.

November
15

As of November 14th Lake Tahoe on the Nevada east shore is showing a 6 months supply of homes/condo/townhomes on the market. This is calculated by dividing the number of properties that are currently on the market by the rate of pending sales in the past month. According to the chart above, this suggest a market that is in between a sellers and buyers market. I call it a tug of war. This may be a continuing trend through the rest of the month as sales are typically slower. For more market information and insights, send me an email to jwire@chaseinternational.com.

November
14

As of November 14th South Lake Tahoe is showing a 4.24 months supply of homes/condo/townhomes on the market. This is calculated by dividing the number of properties that are currently on the market by the rate of pending sales in the past month. According to the chart above, this suggest a sellers' market by a slim margin. This may be a continuing trend through the rest of the month as sales are typically slower. For more market information and insights, send me an email to jwire@chaseinternational.com.

November
13

Climate Change has put wildfire danger at the forefront of homeowners for the Lake Tahoe area. What can we do about it? Defensible space inspections have become a point of sale for many communities. Here is another piece that give homeowners more empowerment, Watch Video

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