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Tahoe Homes Winter Newsletter- January 14, 2008

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

Incline Single Family 2007 Annual Sales
Incline Village Home Sales
Lake Tahoe Storm 2008

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

real estate markets

Home Finance Update

Home Finance Update
The significantly lower applications for refi loans and purchase money loans, to most minds, seems proof that the bottom is still pretty far away for the real estate market. For confirmed contrarians, though, such unanimity suggests that a gradual recovery is gaining force and that this may be the most profitable time to engineer advantageous real estate purchases. Further proof that the overall economy is cooling can be found in the very weak employment report for December and the most recent employment insurance claims...Finance News courtesy of Steve Peterson and Marc Rancourt update on current home finance
Winter Events at Lake Tahoe
Tahoe Childrens Foundation Winter Schedule
Jan. 14-18 College Week at Northstar Resort
Jan. 15 Tahoe Comdey North at Crystal Bay Casino
Jan. 19 Tahoe Queen Boat Cruise- Pints and Paddles
Jan. 20 Full Moon Snowshoe at Northstar Resort
Jan. 25 KC & The Sunshine Band at Harrah's
Jan. 25 English Beat at MountBleu & Jan. 26 at Squaw
Jan. 26 Diamond Peak Australia day BBQ, Incline
Jan. 27 Tahoe Rim Nordic Race
more winter events...
Winter events




Lexi Cerretti (775) 833-1646 cell (815) 642-0340 efax 570 Lakeshore Blvd, Incline Village, NV 89451
Intero Incline Village Real Estate Services