It is still snowing in Lake Tahoe, with a possible additional round of snow around April 24th. After that, forecasters are calling for a drier pattern. We’ll be boarding and skiing until July 4th, 2023 this year at Palisades Tahoe. With their free Spring Tracks concert series, Palisades Tahoe is the place to be for […]
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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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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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I recently sold a commercial property in Kings Beach that included tenants like Jason’s Beachside Grill and Adrift Tahoe. The property sold for $2.65 million. Many investors have begun entering Lake Tahoe’s hot market, and we are seeing the commercial market heat up. The Tahoe Biltmore and Beesley’s Cottages were just purchased by a California […]
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