Blue Plate Special

Wowwee!!!

Two awesome opportunities just hit the MLS.  If you have been waiting for a 3BR McCloud or 3rd Creek unit to go below 700k do not miss out on this one!  A 3br McCloud just reduced their price to $699,000, this seller wants to sell (947 Incline Way #161)! As we know the spread between the 2BRs and 3BRs has been big.   At this price point, this should get things moving.  Excellent end unit location, close to Rec Center and Village Green.  Offered furnished and nicely I might add! 

 

Unit #84 at Third Creek has a bedroom and full bath on the lower level.  Seller has updated the kitchen and converted the appliances to gas!  Lovely step out to level common area.  Lot’s of upgrades!  Located on the Northwood side (outside the gate) for $698,800.  This should shake things up with the other 3BR owners currently on the market.

What “Was” in Incline Village ,Nevada real estate in 2009

December 31, 2009

After today we are moving forward into a New Year,yeah.For all of us it’s time to refocus and recharge whether it’s business or pleasure.
Let’s look at the brass tacks in the Incline Village real estate market in 2009:

89 homes sold in 2009 vs 85 in 2008 (per our mls)There might be secret listings which sold and are not disclosed .
Of those 89::
5 above $4 million vs 2 in 2008
20 $2million-$4m vs 9 in 2008
21 $1m-$2m vs 34 in 2008
14 $999k-$700k vs.27 in 2008
15 $500-$699k vs.9 in 2008
10 under $500k and 0 in 2008

What about condo’s and townhomes?

69 condo’s sold in 2009 vs 64 in 2008
The most significant change in 2009,was 50 condo’s sold for under $500kand 11 condos for under or at $200k.Some severe pricing roll backs and opportunities!
24 townhomes(freestanding condos)vs.49 in 2008,20 below $1m,Some excellent locations and pricing for quality living with out the maintenance.

Make your own conclusions,but there was a definite shift in who spent money in 2009.Loans were tough to get and jumbo’s near impossible.Appraisals,good luck.There is no more of getting the number you need.The comps including bank owned properties and short sale are included in comps. 

Short sales were a reality along with bank owned properties at almost all price points.There are some great opportuniies here,even in the luxury segment,check out: www.996wedge.com New construction,fine finishes including 22′ ceilings in the great room,perfectly designed with a picturesque  views from every window.

The Seller and  bank are ready to move this property,call us for details.

 Our forecast for 2010 is that inventory will remain conisistant with 2009,and buyer’s that are tired of waiting for the bottom,will realize that life is short,and if you want the lifestyle,and pristine beauty of Lake Tahoe in your life’s plan,,why wait?
Interest rates are still low, combined with a healthy real estate inventory at all price points.
What are you waiting for? Review year-end  Lake Tahoe statistics below.

2009-end-year-stats_lt_fp

Sell this House…Seller is Serious!

October 1, 2009

The seller of 966 Caddie Court is serious! A $250,000 price adjustment to $1,299,000 is paving the way to get this golf course property noticed! Located on what used to be the 14th Fairway (now 3rd fairway due to reversal of front & back nine). Outstanding features include; fenced yard, large wrap-around deck, cul du sac location and 3 car garage. House has formal floorplan with a den and dining room. Well maintained and very good condition. If you are a golfer or just enjoy the quiet of a cul du sac, 966 Caddie Court is worth a look. Virtual Tour