Tahoe Vista Homes for Sale Market Report – Year End 2012

Tahoe Vista Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Tahoe Vista, California real estate market has performed.  Here is the Tahoe Vista, California homes for sale Year End 2012 Market Report.

Tahoe Vista Sold Market Report – Year End 2012:

Sold Sales: Tahoe Vista area had 28 single family homes sold in 2012, which is a 40% increase in volume over the number of homes sold in 2011.

Tahoe Vista single family home sales price declined -19% with an average median homes sales price of $327,500. 

Most of the price decline occurred earlier in the year when the Tahoe Vista community had a number of short sales and REO/Bank Foreclosure properties on the market. It’s important to note that 11 of the 12, or 92% of the distressed home sales that closed in 2012 in Tahoe Vista area, were listed prior to April 8, 2012.  The current absence of any distressed sellers in the Tahoe Vista market is good news for sellers and price stabilization that should occur in 2013.

The median average days on market was 111 DOM.

Tahoe Vista Homes for Sale Market Report – Year End 2012

Cash Sale Transactions: The number of cash sale transactions for the Tahoe Vista area has increased to 36%, which is just slightly above the Tahoe- Truckee Regional average of 34%, or 1 out of every 3 home sold in Tahoe Vista area was a cash buyer.

Absorption Rate: The current absorption rate for the Tahoe Vista area is at 3.5 months, which indicates a Sellers’ market as of 02/09/2013.

Distress Sales: 
Distress sellers (bank foreclosures- Real Estate Owned (REO’s) and short sales) increased to  43% of all homes sold in 2012, which is a primary reason for the continued price decline in the Tahoe Vista market.  With the absence of short sales and REO/Bank Foreclosures no longer dominating the Tahoe Vista market, we can expect prices to stabilize and move up.

Active Homes for Sale: There are only seven (7) Active– available homes for sale in the Tahoe Vista area as of 02/09/2013. They ranged in price from $375,000 to $4,250,000, with an average median asking sales price of $998,000.

The current inventory levels for the Tahoe Vista area are extremely limited.  Of the seven (7) homes offered for sale, there are none (Zero – 0) short sales, and no (Zero – 0) REO (Bank Foreclosure) listings, – 0% of the current listings are distressed, which is a clear sign that the Tahoe Vista market has stabilized and is turning around.

Pending Home Sales: There are five (5) pending home sales in the Tahoe Vista area and they range from $339,000 to $799,000. There are three (3) is a short sales, and no (Zero -0) REO/Bank Foreclosures.

For more detailed Tahoe Vista, California real estate housing sales data check out my website which has a table summarizing past market sales data information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoe Vista area, or would like to know what your Tahoe Vista area home, cabin, or lakefront property may be worth, call Laura Allen at 530.414.1260.

Tahoe Vista Homes for Sale Market Report – Year End 2012More about Tahoe Vista, California:

The Tahoe Vista community is located in two areas, directly off Highway 28 between Agate Bay and downtown Kings Beach, or in Upper Tahoe Vista, which is accessed off Highway 267 on the way to Kings Beach, California.

The Tahoe Vista area has some neighborhoods that are walking distance to the public beaches, or are located in an area that is more remote and has a wonderful mountain setting and is just a short drive to the Northstar Ski Resort area.  Many homes in the Tahoe Vista area provide nice views of Lake Tahoe.

Tahoe Vista has wonderful, ocean beach type sand, and the beaches are a beautiful sandy white.  The water is more shallow in this area of Lake Tahoe allowing swimmers to wade out and enjoy being in Lake Tahoe. Several well-known public beaches in the Tahoe Vista area are Sandy Beach, Tahoe Vista Recreational Center, and Moons Dune Beach.

Tahoe Vista is easily accessed all year-long and is a nice mix of full-time residents and second home owners.  Some of the more well-known neighborhoods in the Tahoe Vista, California area are:

Kingswood West

Tahoe Estates

Tahoe Vista

Tahoe Marina

Ready to build?  Check out the Tahoe Vista Lots and Vacant Land for Sale Here.

If you’re looking for sandy white beaches and being close to Northstar, and all that Lake Tahoe and the North Shore have to offer, check out the Tahoe Vista community in North Lake Tahoe!

Tahoe Vista Homes for Sale Market Report – Year End 2012

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoe Vista Homes for Sale Market Report – Year End 2012

©Laura Allen | 530.414.1260 | www.TahoeLauraLuxuryHomes.com

Tahoe City Homes for Sale Market Report – Year End 2012

Tahoe City Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Tahoe City real estate market has performed.  Here is the Tahoe City homes for sale Year End 2012 Market Report.

Tahoe City Homes Sold Market Report – Year End 2012:

Sold Sales:  Tahoe City had 106 single family homes sold in 2012, which is a 66% increase in volume over 2011 levels.

The Tahoe City single family home sales price increased by +3% to an average median homes sales price of $572,000. 

The median average days on market was 116 DOM.

Tahoe City Homes for Sale Market Report – Year End 2012

Cash Sale Transactions:  The number of cash sale transactions for the Tahoe City area increased to 39%, which is just above the Tahoe- Truckee Regional average of 34%, or 1 out of every 3 home sales has been a cash buyer.

Absorption Rate The current absorption rate is at 3 months, which indicates a Sellers’ market as of 01/02/2013.

Distress Sales: Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) has declined and dropped to 28% of all homes sold in 2012, which is an improvement over 2011 distressed levels.

Active Homes for Sale:  There were 30 Active – available homes for sale in the Tahoe City area as of 01/02/2013, which is.  They ranged in price from $315,000 to $16.8 million, with an average median asking sales price of $799,000.  Of the 30 homes offered for sale there are three (3) short sales, no (Zero) REO (Bank Foreclosure) listings, which is a clear sign that the market is stabilizing.

Pending Home Sales:  There are nine (9) pending home sales in Tahoe City and they range from $249,000 to $7,950,000.  Only one (1) is a short sale.

For more detailed Tahoe City real estate housing sales data check out my website which has a table summarizing past market sales information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoe City area, or would like to know what your Tahoe City home may be worth, call Laura Allen at 530.414.1260.

More about Tahoe City:

The Tahoe City area is known for its charming Alpine Mountain Village setting located near all of the recreational activities Lake Tahoe and the local ski resorts offer.

Tahoe City Homes for Sale Market Report – Year End 2012The Tahoe City community is located at the junction of California Highways 28 and Highway 89 South and stretches out 3 miles in both directions on the North Shore and West Shore.

Tahoe City is not an incorporated area and has a full time population of just over 1,500 people.

The Tahoe City downtown area has public beaches, recreational facilities, a nine-hole golf course, tennis courts, cross-county ski area, restaurants, shops, and other commercial services to make being in Lake Tahoe enjoyable. The Tahoe City area is also very close to Alpine Meadows, Squaw Valley, and Homewood Ski Resorts offering a diverse selection of places to ski.

The Tahoe City community is a very popular area and is easy to get to on a year-around basis. It is also a popular vacation rental location for summer and winter rentals.

Tahoe City Homes for Sale Market Report – Year End 2012

Tahoe City Homes for Sale

Condos for sale in Tahoe City, California 96145

Lakefront Homes for Sale in Tahoe City, California 96145

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Waterfront Homes for Sale - Lake Tahoe, California

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoe City Homes for Sale Market Report – Year End 2012

New Year’s Eve – Northstar, California – December 31, 2012

New Year’s Eve – Northstar, California – December 31, 2012 

New Year’s Eve – Northstar, California – December 31, 2012It’s the last day of 2012 and if you’re still trying to decide how you’ll spend New Year’s Eve, consider the FREE events and activities that are planned at Northstar, tonight New Year’s Eve, December 31, 2012.

Northstar does a great job with their annual Fire and Ice New Year’s Eve Celebration, which is appropriate for all ages.  Dress warmly as the weather for tonight is expected to be clear, but cold with temperatures down into the single digits!

Here is the schedule of their events:

New Year’s Eve – Northstar, California – December 31, 2012 

12 noon  – 3 p.m. DJ Fidjital will be playing in the Northstar Village

4:45 p.m.   Northstar will be putting on a Ripperroo Parade for all ages (Ripperroo is the ski and snowboard mascot), beads, noise makers, singing, dancing, you get the idea, and should be a lot of fun for everyone.  The parade will be in the Village

7 p.m. – 9 p.m. Enjoy an evening with live music by Livin’ on a Prayer.  This live band will play at the ice skating rink stage, so get there early to get a good spot to watch the performance.

9 p.m.  Fireworks at Northstar at 9 p.m.

For more information check out their website at www.northstarcalifornia.com

We went and celebrated at Northstar last year.  Take a look at last New Year’s Eve in Northstar!

 Happy New Year!

Don’t forget Alpine Meadows will start the celebrations early with their afternoon kick-off party.  Remember if you drink, don’t drive.  Check out the Tahoe area bus system for their expanded night service for a safe ride home.

See you at the New Year’s Eve celebration in Northstar, California tonight, December 31, 2012! 

Homes for sale in Northstar, Truckee, California

Condos for sale in Nortstar, Truckee,, California

North Lake Tahoe Homes for Sale

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

Tahoe Luxury Real Estate

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

New Year’s Eve – Northstar, California – December 31, 2012 

Nevada County Government Holiday Schedule – December 2012

Nevada County Government Holiday Schedule – December 2012

Nevada County Holiday Schedule - December 2012If you work with any of the Nevada County, California government departments, you need to plan ahead, as most of the Nevada County government departments will be closed during the last week of December 2012.

Nevada County government operations will be closed from Monday, December 24, 2012 through Tuesday, January 1, 2013 and will re-open for business on Wednesday, January 2, 2013.

The Nevada County closures will not impact access to public safety, emergency services, and other 24 hour operations.  Nevada County has identified the Departments will be open:  District Attorney, Sherriff, Probation, Public Works, Registrar of Voters, Clerk-Recorder, and Public Defender.

The reason for the extended closure period for the Nevada County government departments is a combination of the holiday schedule and furlough days.

If you work with any of the Nevada County government departments, now is the time to check with them and confirm their work schedules so you can plan ahead and take care of your business with them now.

Nevada County provides a number of different services.  Some of the more popular departments that will be closed are the Building Department, Social Services, and Housing and Community Services just to name a few of the departments that will not be available during the last week of December.  While emergency services will be available, all other services/departments will be closed from December 24, 2012 re-opening January 2, 2013.

To get more Nevada County government department schedule information or to see which Departments of Nevada County will be closed check out their website at www.MyNevadaCounty.com

Plan ahead for the December 2012 Nevada County Government Department Holiday Schedule now!

North Lake Tahoe Homes for Sale

Homewood Homes for Sale

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

Tahoe Luxury Real Estate

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Nevada County Holiday Schedule – December 2012

Winner! Thank you Salon Bella Vita – Tahoe City, California

Winner! Thank you Salon Bella Vita – Tahoe City, California

Winner! Thank you Salon Bella Vita – Tahoe City, California I’m taking a great idea from DeeDee Riley, a REALTOR in El Dorado Hills, California who recently thanked a local business when she too was lucky and won a wonderful floral center piece.  She did a wonderful job of thanking that business that had made the charitable donation to an event she recently attended.  So I’m following her lead!

At the very first North Lake Tahoe, Toys for Tots Collection Party they had a raffle giving away a lot of special prizes.  You had to be present to win, and all I needed was ticket 134 to be called.

Yes, I buy a lottery ticket every once in a while and I love the thought of having my ticket number called.  At the Toys for Tots Collection Party my number was called – WINNER!!!

Thank you Michelle Seeley, Hair Stylist, at Salon Bella Vita, in Tahoe City, California for donating your time and services for the local Tahoe Toys for Tots campaign. I was lucky and I won a gift certificate to have a Men’s or Women’s hair cut.  What a great prize to win!

Winner! Thank you Salon Bella Vita – Tahoe City, California So many local Tahoe businesses gave gift certificates, services, and great donations in order to encourage the Toys for Tots turn-out, and this is my opportunity to say “Thank You” to everyone that made a donation to help the Toys for Tots collection efforts!

Thank you Salon Bella Vita for your kind and generous donations to the Toys for Tots campaign and for your continued support of the Tahoe community.

The next time you’re in the greater Tahoe City area, and you need your hair done, check out Salon Bella Vita.

You can find them at:

Salon Bella Vita

Cobblestone Mall, 475 North Lake Blvd., Suite 257

Tahoe City, CA 

530.583.1364

Tell the great people at Salon Bella Vita in Tahoe City, you appreciate their support of our local non-profit groups!

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

Tahoe Luxury Real Estate

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Winner! Thank you Salon Bella Vita – Tahoe City, California

Toys for Tots, River Ranch Lodge – Alpine Meadows, California

Toys for Tots, River Ranch Lodge – Alpine Meadows, California

The River Ranch Lodge and the United States Marine Corps Reserve are hosting the last of their Toys for Tots Collection Party tonight, Wednesday, December 12, 2012 at the River Ranch Lodge in Alpine Meadows, California.

Toys for Tots, River Ranch Lodge - Alpine Meadows, California This is your last chance to have some holiday fun and be a part of the Toys for Tots kick-off parties.    Coldwell Banker Residential Brokerage along with the U.S. Marine Corps Reserve’s Toys for Tots campaign has set a goal to collect 1,500 toys for local North Lake Tahoe children in need and they are well on their way, but the still need your help.

You’ll find toy collection sites through-out the North Lake Tahoe – Truckee area in many local businesses, but the final drop-off deadline is only 2 days away – Friday, December 14, 2012.

The River Ranch will be offering discounted appetizers, free s’mores, cookies, and cocoa will be served, along with half priced dinners and $3 cocktails.  There will also be live music by the North Tahoe Jazz Band.

Toys for Tots, River Ranch Lodge - Alpine Meadows, California Here are the details:

Toys for Tots, River Ranch Lodge – Alpine Meadows, California

Where: River Ranch Lodge, Highway 89 South and Alpine Meadows Road, Alpine Meadows, California

When:  Wednesday, December 12, 2012 –  5:30 p.m. to 8 p.m.

Cost:  Bring a new, unwrapped toy for children ages newborn to 17 years

To make a donation, contact Elaine Durazo, LCO at 530.583.5581, or check out http://TahoeTruckee.ToysForTots.com

If you don’t know what toy to buy you can always write a check (make it payable to “Toys for Tots Tahoe-Truckee”) and give a monetary donation.  Any new, unwrapped toy/gift is greatly appreciated.

There are only two more days after today to get your new, unwrapped toy to a donation center.  Tonight is the last chance to enjoy a Toys for Tots Kick-Off party.

If you miss tonight, don’t forget Moody’s Bistro in Truckee is giving each customer one drink and/or dessert with every toy donated by December 14, 2012, so even if you can’t get to the last kick-off party there are still many ways to enjoy in the collection efforts.

Every gift and donation counts!  This is your chance to make a difference in a holiday for the local Tahoe-Truckee area children so come out and have some fun at the River Ranch Lodge event and bring a new toy!

See you at Toys for Tots, River Ranch party tonight, Wednesday, December 12, 2012 in Alpine Meadows, California!

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

Tahoe Luxury Real Estate

North Lake Tahoe Lakefront Property for Sale

West Lake Tahoe Lakefront Homes for Sale

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Toys for Tots, River Ranch Lodge – Alpine Meadows, California

Keep the Mortgage Interest Deduction – Lake Tahoe, California

Keep the Mortgage Interest Deduction – Lake Tahoe, California  

Keep the Mortgage Interest Deduction – Lake Tahoe, CaliforniaIf you are a homeowner, a Tahoe second home owner, or are considering buying a Lake Tahoe home you need to part of the effort to Keep the Mortgage Interest Deduction (MID) in place.

There are those that want to take, or severely limit the mortgage deduction, which will hurt the housing market!

If you don’t let your representatives know that you want to Keep the Mortgage Interest Deduction in place, they may just eliminate it.

We all know a healthy real estate market is a key component to a healthy economy and that means jobs, along with money for our local and state governments, so why would we want to do anything that could hurt the real estate recovery?

Now is the time to say “NO” – “Keep the Mortgage Interest Deduction”!

The following information is brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®

Don’t Rock the Boat!

Keep the Mortgage Interest Deduction

Many REALTORS® have asked for information on the debate surrounding the mortgage interest deduction that they can share with family, friends and colleagues. REALTORS® and the public alike are urged to share the information in this email with as many people as possible.

Background

Congress, as part of negotiations on avoiding the “Fiscal Cliff,” has made direct references to “closing loopholes” and “limiting deductions” as a way to raise revenues. Clearly, the mortgage interest deduction is high on this list of revenue raisers.

Losing the Mortgage interest deduction will disproportionately affect the middle class because a larger proportion of the middle class takes the deduction. In California 89% of those who took the mortgage interest deduction earned less than $200,000. Losing the deduction would cost the average California taxpayer over $3,900.

What your family, friends and clients can do to help:

Call Congress. First and foremost, we are urging the public to get involved by calling Congress to ask that the mortgage interest deduction be preserved. The public may reach Congress by calling 202-224-3121. The Capitol switchboard operator will help callers identify their member of Congress and connect them.

The public can reach Congress by calling 202-224-3121

Monday-Friday
from 9:00 am – 6:00 pm, Eastern Standard time.

Get the word out. Many people seem to be blissfully unaware that their mortgage interest deduction is in danger. Please do the following to make sure that the message spreads.

  1. Forward this message to your family, friends, and clients.
  2. Post this information on your personal and office websites and blogs.
  3. Share this information on Facebook and urge others to share it as well.
  4. Tweet about it on Twitter and urge others to retweet. Use the hashtag: #savethemid.
  5. Link to the following web page: KEEP MY MID.   This site has information about contacting Congress, more information on the MID and links to articles.
  6. As you see new information and articles, share these on all your social networking sites.

Thanks to everyone for your efforts in support of home ownership!

Now is the time to let you voice be heard.

Pick up the phone, and make the call.  Each call makes a difference to Keep the Mortgage Interest Deduction!  

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Condos for sale in Northstar

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Condos for sale in Squaw Valley

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Homes for sale in Carnelian Baty, California, 96140

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Homes for sale in Tahoe Vista, California 96148

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Keep the Mortgage Interest Deduction – Lake Tahoe, California