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.
Read MoreThe Chase International Luxury Market Report for Lake Tahoe in 2021 shows how the ‘great migration’ has continued to reduce inventory, while driving up home values. We’ve seen similar cycles at Lake Tahoe where the lack of inventory makes affordability a factor in slowing a hot market.
Read MoreThe 2021 Quarter 1 Market Report for Truckee and Lake Tahoe continues to show record breaking sales activity. Knowing about the new Coming Soon status has become very important when searching for available homes for sale. Most properties are getting offers simultaneously with becoming Active on the market.
Read MoreLake Tahoe and Truckee real estate sales continue to be strong. Even during the worst part of the pandemic, our sale activity has remained stable. According to the Tahoe Sierra Board of Realtors, April showed 355 active listings with 52 sales.
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