Tahoe Homes Newsletter- October 12, 2007
Lake Tahoe News, Events, Real Estate Market Reports, Home Sales and Living at the Lake

Tahoe Real Estate Market Report- Fall 2007
While sales are generally down around the Lake, 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. view the home sale report

Spotlight on Incline Village Neighborhoods- Tahoe North Shore
Incline Village is an idealic communitiy, favored for Nevada tax advantages and amenities. Just minutes to Reno and a few hours from the Bay Area, Incline boats Diamond Peak Ski Mountain, two Golf Courses, mountain bike and hiking trails, several beaches with boat launching and an outdoor pool, a huge recreation center with tennis courts and indoor pool, Sierra Nevada College, a new library and a four-season lifestyle. Each neighborhood within Incline has unique attributes and character... read about Incline Village

Where Are the Best US Housing Markets?
In light of the overall slump in the housing market, note that local market conditions vary greatly. In areas like Tampa, Phoenix and Las Vegas where speculative buying was rampant, now high vacancy rates have driven down prices. New homes sales have dropped almost 50% this year in Las Vegas alone. Similarly, in markets where home building far exceeded occupancy demands such as in Reno and Sacramento, home builders are reducing pricing to fill the surplus in supply. Then there are markets that continue to grow, due to strong economies and job growth. Seattle, San Jose and Boise are a few stand-outs in market growth. best and worst markets