Sweeping Changes Coming to the HVCC…I do not normally redistribute others blogs, but this was such a well written article abou the HVCC, the stupid changes put into place by congress in the first place and the hopes that this will change in the near future.  Besides this article came from the President and CEO of Intero in the Bay Area.  Take a moment to educate yourself on this.  Read more about this story…

More activity coming up. Experts say Jan/Feb of 2010 should be a real sign of the times ahead for more foreclosures and short sales to hit the market. More loans will be adjusting and more homeowners are sure to find themselves in the heat. If you or someone you know needs help, refer them to a CDPE-Certified Distressed Property Expert who can help them.  Click here for the full story and this week’s update…

Contact:  Siomara Iglesias                    For Immediate Release 

775.829.5911 

 Bruce Soli graduates from Nevada Association of Realtors 10th LEadership Class.  Bruce Soli of Intero Real Estate Services in Incline Village successfully completed the LeadershipNVAR 2009 program offered by the Nevada Association of REALTORS (NVAR).  The graduation took place on December 10th at the Four Seasons in Las Vegas. 

The comprehensive program is designed to identify emerging leaders and assist them in sharpening their leadership skills through a series of workshops held throughout the year.  Individuals who graduate from this program exemplify effective leadership skills. 

Participation in Leadership NVAR, which includes four multiple-day workshops throughout the year is open to REALTORS living in the state of Nevada.  Participants are chosen through the LeadershipNVAR Selection Committee based on community and real estate involvement in addition to vision for the real estate profession. 

More information on the program can be found on the website of the Nevada Association of REALTORS- www.nvar.org .

It is great to have the inside scoop on Incline Village Real Estate and each week you can see the most updated information on what is happening Inside the Incline MLS.  This week the slowness continues…

Here are the latest and greatest details on distressed properties and foreclosures in Incline Village, Nevada Real Estate.  No, the problem has not gone away and we continue to see new homes hit the Notice of Default list, go to short sale and worse, foreclosure.  Read the whole story here…

Santa will be visiting Diamond Peak Ski Resort on December 23, 24, and 25th! He’ll be at the resort from 11:00 am- 1:00 pm all three days skiing and handing out candy canes. Spend your holidays at Diamond Peak, the mountain with amazing lake views, uncrowded terrain and a family-friendly atmosphere. Their Adult daily lift ticket price stays $49 and kids 6 and under ski free.

New this year is the Holiday Pass. This is a great pass if you are skiing in Tahoe during the holidays. The pass is just $249. It is good December 19th-January 3, January16—18 and February 13-21 for a total of 28 days.  Gift certificates are available online at www.diamondpeak.com. A Diamond Peak gift certificate makes for a great stocking stuffer. They are redeemable towards season passes, lift tickets, rental equipment, ski/ snowboard lessons and food and beverage.

Diamond Peak Ski Resort is located in Incline Village, Nevada on the scenic north shore of Lake Tahoe, offering amazing views of the lake. Kids and beginners love it here. There is an 1840 foot vertical drop with 30 runs offering beginner to advanced terrain. Diamond Peak is scheduled to open December 17th for the 2009-10 ski and snowboard season. Connect with us on Facebook, Twitter, MySpace, Flickr and YouTube. Visit www.diamondpeak.com or call (775) 832-1177 and make Diamond Peak your Tahoe place to ski or snowboard this winter!

More of the same, but at least there is activity!    For the week of 11/30-12/6, 2009 the following took place inside the Incline MLS:

New Listings:  3 condos and 3 single family homes (SFH).

Price Reductions:  2 condos and 6 SFH decided to reduce their prices in hopes of an offer.  Check them out, but we did not recognize any hot buys out of these.  Perhaps the Coeur du Lac will entice someone at $235K but it is only a one bedroom.

New Escrows:  2 condos went into escrow this week and 1 SFH.

Sales:  A pretty good week with 4 condos, 1 PUD (Planned Unit Development) and 2 SFH sold this week.  Of the condos sold 850 Northwood #50 was a great deal closing at $290K, 825 Southwood #19 was a Hot Buy foreclosure listed at $159 and sold for $185 cash and another moderate income housing unit closes at $226kK listed at $229,995.  These were all on our Hot Buy List.

Market Rejects:  The end of the month always brings a slew of activity in the market rejects category.  This week there were 17 condos rejected by the market, 4 PUDs and 12 SFHs.  Pricing…it IS all about the pricing!  Check where you are priced, view the competition with the buyers mindset and review where you are going for the future if you are seriously wanting to sell.

For a complete list of ‘Hot Buys’ click here.  Until next week!

Incline Village, NV.  Looking good, recovery may be in the near future.  If you are a serious buyer and have not yet jumped in the market, I wonder how long it will be before the market really turns and you are left in the dust waiting for the next big turn in the market.  NOW is the time to buy and there ARE many good buys still in the market, but the good ones are getting snagged FAST.  Read the whole story here…

Santa Claus is Coming to Town…Whether you’ve been naughty or nice, Santa is coming to Lake Tahoe this Winter.  He has many scheduled appearances this year so do not worry if you cannot make all of them, one is destined to match your schedule.  Click here for a complete schedule.