Tahoe Homes Newsletter- January 14, 2008
Lake Tahoe News, Events, Real Estate Market Reports, Home Sales and Living at the Lake

Tahoe Real Estate Market Report- Year End 2007
Incline Village continues the trend in growing sales prices. The median price of a single family home or townhome in Incline Village, Nevada, was up 6% to $1,071,250 in 2007 compared to 2006. Note that this data includes both Single Family homes and PUD’s (freestanding townhomes). Sales volume increased 19%, as 183 homes sold in 2007... view the Home Sales Report

Sierra Storms! Current Photos and Update on the Latest Tahoe Snowstorm
Last week’s storm dumped from 5 feet to 11 feet of snow in the Sierra, with the highest totals around Kirkwood Ski Resort south of Lake Tahoe, Milne said. The storm continued into Saturday, finally winding down Sunday afternoon. Tuesday brought another round of snow... read about Tahoe Snowstorm

Housing Markets Across the US
While the housing market in general continues its downward trend, there are locations faring much better than others. In areas like Tampa, Phoenix and Las Vegas where speculative buying was rampant, now high vacancy rates have driven down prices. 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.

best and worst markets