Does the List Price Matter When Making An Offer on Incline Village Real Estate?

This is a very interesting questions and one that makes some buyers AND sellers uncomfortable in Incline Village.  In the past it was standard to price a home based on recent market data including the future market (pricing 30-60-90 days out) especially in an EXTREME buyers market where inventory levels are huge and sales are few.  Add in the fact that no two properties are alike (lot size, sqft, build, age, etc.) and you are definitely not comparing apples to apples nor even apples to oranges.  Read the entire article and see detailed MLS info here…

Another slow week as skiing slowly comes to an end and tourist traffic to Tahoe slows to a crawl.  This must be the ‘Year of the Condo’ however as the activity here seems to be picking up!  Want to know what is new for sale, what went into escrow and what just sold and for how much.  This weekly update shares it all.  For the week of 3/22-3/28 the following was happening in Incline Village Real Estate…

Three newly built Tahoe style homes have just been listed as bank owned in the $1.5MM range. These 4,000+/- sq ft homes are beautiful examples of Tahoe architecture, with great mountain views, open sunny 1/2 acre lots, and close to everything! I do think these will go into contract soon, if the bank is willing to entertain lower offers- see Campbell Court listing details and photos and contact Lexi 298-3250 for more info, to see the homes and make an offer.

857 College Listing Info and Photos

855 College Listing Info and Photos

851 College- coming soon

Your weekly update for Incline Village Real Estate is here, brought to you by Team Soli of Intero Real Estate Services.  Although it seems much slower as Winter winds down and Spring is in bloom, there was still activity on the home sales front for the week of March 15th-21st.  Remember that Incline Village and surrounding areas of Lake Tahoe thrive on the arrival of buyers when they come to town for skiing, water sports and other adventures that each season brings, but as theose season come to an end and the new ones are not yet fully in bloom we run into a few slower weeks.  This was one of them, but thankfully not a total dud!  Click here for all the details…

Yes, they happen everywhere and to all walks of life.  Incline Village, NV is not immune to Foreclosures, short sales and other forms of distress.  Property values are down and many people across the nation are finding themselves in situations they never thought possible.  There is help out there and there are some great deals to be had in the market.  You just need to find them and be ready to pounce.

Here is this week’s update on the Distressed Homes in the Incline Village Real Estate Market:

What’s new in Incline Village Real Estate?  Check this blog post weekly to get the most updated information on the real estate market and what is REALLY happening in the market.  Is now a good time to buy?  Well of course, if you want to buy it is the best time, interest rates are still low, the buyers market couldn’t be stronger, inventory is there and sellers (some) need to sell.  Work with a qualified agent to find those deals and to protect you!

For the week of March 8th-14th…

North Shore SnowFest Lineup

The North Shore is the place to be for SnowFest’s closing weekend. In addition to the big Queen’s Raffle drawing, come out to Kings Beach and enjoy two days of fun and fantasy for the whole family.

CANCELED Friday, March 12, 5:00pm: Kings Beach Ice Castle Lighting & Coloring Contest, Kings Beach State Recreation Area. CANCELED. Unfortunately, due to lack of usable snow at the Kings Beach State Recreation Area, the Ice Castle Lighting has been canceled.

Friday, March 12, 7:00-11:00pm: Joe King Poker Tournament, Tahoe Biltmore, Crystal Bay. Play your cards right for the chance to win great prizes and become Honorary Mayor of Kings Beach. The ‘Mayor’ will get to ride in a fancy red convertible in the Kings Beach Parade the next morning. Live music, hors d’oeuvres, no host bar, slot challenge, 1920’s costume contest and a fabulous time for all, even if you are not playing cards! NTBA 530-546-9000. NorthTahoeBusiness.org.

Saturday, March 13, 8:30-10:30am: Pancake Breakfast & Community Expo, North Tahoe Event Center, 8318 N Lake Blvd, Kings Beach. Enjoy pancakes, sausage, strawberries and all the fixin’s with a cup of OJ or coffee, all in support of the NTPUD’s Youth Trust Fund Scholarship program. Some proceeds will also benefit the Playground Project at the North Tahoe Regional Park. $7 adults, $3 kids (4-12), Ages 3 and under are free. North Tahoe PUD, 530-546-4212, NTPUD.org.

Saturday, March 13, 10:00am: Dress Up Your Dog Contest, North Tahoe Event Center, 8318 N Lake Blvd, Kings Beach. On the patio at the Pancake Breakfast, the TNT-TMA presents a Tahoe favorite, the ‘Dress Up Your Dog Contest’. TNT-TMA, 530-581-3922, LakeTahoeTransit.com.

Saturday, March 13, 11:30am: Kings Beach Winter Fun SnowFest Parade, Kings Beach Main Street. Trucks, balloons, color, beads, kids, floats, music and shiny stuff – it must be a PARADE! We have a bunch of fun entries this year, come out and see! North Tahoe Business Association, 530-546-9000, NorthTahoe Business.org.

Saturday, March 13, 12:30pm: After-Parade Party & SnowFest Queen Raffle, Caliente!, 8791 N Lake Blvd, Kings Beach. The big raffle prize this year is 5 days/4 nights at the South Kona Hideaway Bed & Breakfast and $500 cash! You can purchase some last-minute raffle tickets at Caliente! while enjoying a ChupaCabra and the after-parade festivities. Caliente!, 530-546-1000, CalienteTahoe.com.

Saturday, March 13, 2:00pm: Ta-Hoe Nalu Arctic Standup Paddleboard Race, Blue Onion Cafe/North Tahoe Beach Center, N Lake Blvd at Hwy 267. Registration starts at 11:00am at the Blue Onion Cafe, 1-mile Sprint Race is at 2:00pm from the North Tahoe Beach Center. Live Music and party at the Blue Onion after the Race. Contact Ernie:775-772-2972, ta-hoenalu.com.

Saturday, March 13, 6:00-10:00pm: Food For Thought Tamale Dinner, Boys & Girls Club of North Lake Tahoe, 8125 Steelhead Ave @Secline in Kings Beach. Enjoy homemade tamales and traditional Mexican fare while celebrating the voices of local youth as they showcase their photography, film, writing and more. Proceeds benefit ARC’s youth scholarship fund. Adventure Risk Challenge, arcprogram.org.

Saturday, March 13, 8:00-11:00pm: Snow Ball at the Cal Neva, 2 Stateline Rd, Crystal Bay. Put on your dancing shoes for a fun-filled evening in a winter-wonderland setting. Enjoy live music from the 60’s 70’s and 80’s along with libations and light snacks and a raffle. A portion of proceeds to benefit Disabled Sports USA-Far West. Cal Neva, 800-233-5551, calnevaresort.com.

Sunday, March 14, 9:00am: Lake Tahoe Dodge Ball Championships, Boys & Girls Club of North Lake Tahoe, 8125 Steelhead Ave, Kings Beach. 18 & Up. Dodge, duck and dive your way to being crowned Dodge Ball Champs of Lake Tahoe. Dust off your zany team uniforms and get ready to dodge to benefit the Boys & Girls Club of North Lake Tahoe. 530-546-4324, bgcnlt.org.

Remember to visit our friends and neighbors around the rest of the Lake Tahoe and Truckee region through Sunday, March 14, 2010. There are plenty of activities for all during SnowFest! Join in and enjoy the fun and frolic of winter.

Activity is picking up in the Incline Village real estate market. Property showings have jumped, and buyers are picking up some of the best listings at the right prices. In the past week, 6 new listings came onto the market in Incline Village and Crystal Bay. There have been 18 price changes- 16 reductions and 2 price increases, 9 new escrows, and 6 new sales. There are 49 properties currently in escrow ranging in price from $90,000 to $12MM, with 347 active listings…read on View all new listings, escrows and sales at BuyTahoeHomes.com!

Are things slowing down?  Well this week the sales came to a screaming halt.  Not one sale in any category reported for the week.  There were a slew of new escrows however, so there are some sales out there for the future and lots of activity.  The showings have really seemed to pick up lately at least in our office and on our listings.  Read the story…