Laurie Johnson

March 2023 Lake Tahoe Real Estate Market Report

Over the last 2 weeks, 33 properties sold in the North Lake Tahoe and Truckee area. While we may see an influx of listings during the summer, which may stall the market, sales are still commanding sale to list prices over 92%.

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Lake Tahoe Mortgage Outlook

Many buyers are growing more comfortable with a 6% interest rate. If we look back over the last few decades, the average interest rate is at 7%. Many see an opportunity where others are waiting for rates to come down.

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