Short Sale Luxury~www.996wedge.com SOLD

February 15, 2010

Yes there are some luxury properties that are great deals and this was one of them, www.996wedge.com

Just closed last Friday for $1,861,000.This was a short sale,which was originally priced at $3.6m 2 years ago.We have had success on getting several of these closed now,and it takes true grit.Debbie Hansen ,on our team,has the tenacity and patience to work through the bank’s complicated maze.If you are looking for one of these luxury opportunities,call us,or email.

Incline Village snapshot on market activity

July 10, 2009

As of today 39 homes have sold in Incline Village and Crystal Bay,Nevada, and there are 260 active listings in the Incline MLS for single family homes.5-6 homes are selling per month in Incline Village and Crystal Bay which is really on par with 2008 units sold .Units for single family homes and free standing condos combined are only down 2% from 2008.
What’s different in 2009 are the two distinct price point segments that are moving :the over $2m mark, primarily the cash buyer ,and the Buyer’s who are snapping up some significant discounts .
20 sales to date under $1million
8 sales to date $1-2m
9 sales to date $2-4m
2 sales to date over $4m ,including 1 lakefront in Incline at $7,350,000.If you would like a copy of the year to date stats,or a copy of the Bank owned property list ,please give us a call.