Effective November 3, 2022, the Fed raised interest rates once again to battle inflation. This is the fourth consecutive .75 point hike in 2022. As of today, interest rates are at about 7.32% and this has definitely slowed down the real estate market. The below graph from October shows how quickly rates have been rising […]
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The Tahoe Fund and Earthviews has released a street-view style map of Lake Tahoe’s shoreline. This 360-degree map provides views of the entire 72 miles of Lake Tahoe’s shoreline. Google has always allowed for street-views of neighborhoods. However, this map was designed to view the Lake Tahoe shoreline from the lake. Additionally, the map provides […]
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Lake Tahoe and the Sierra Nevada mountains have a rich history. Truckee developed from the lumber mills and stores that offered provisions to the Nevada gold mines. Later, Truckee became the hub for shipping ice to the larger cities in California. Boca even delivered an ice cold beer long before Coors did the same in […]
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After a slow second quarter of falling home sales and increasing interest rates, real estate news may finally be improving. Luxury home sales at Lake Tahoe traditionally mirror activity in the stock market. In the second week of August, the Dow, S&P, and Nasdaq futures remained optimistic after Wednesday’s rally. Investors poured money into tech […]
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As we move into Summer 2022 at Lake Tahoe, the real estate market is decidedly slower than 2021. However when we look at the 5 year sales picture, home sales and inventory are beginning to match to normal levels. We hear conflicting information about real estate bubbles and a market correction in the US, however, […]
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