Moving on to February and quickly.  Before we do, here is the wrap on Incline Village Real Estate and what happened here during the month of January!  If you have been following our posts you know the market keeps plugging along and January was no different.  It seems as if we have made the turn in the market with inventory slowing down and sales steady.  Click here to read the entire story…

Who says the holidays are slow? In Incline, the market was almost as hot as the grocery store crowds.

This week there was quite a bit of activity and our office saw several walk in clients as well.

New Listings:   This week there were only two new listings both PUDs or Planned Unit Developments (Freestanding condos).   1324 Tirol is also back on the market with pre-approval from the 1st lien holder on this short sale.  What a GREAT deal at $285K.

Price Changes:  There were only three price changes…2 condos and 1 Single Family Home (SFH).  The Pinebrook condo at $81K is a short sale, but if you can get the bank to approve it…it’s a good deal.  The last two sold just recently for $89 and $90K.  The SFH on Sutro Court reduced to $410, but it’s not enough!

New Escrows:  This week there were a few escrows to report…1 condo, 1 PUD and 5 SFH were snapped up by busy buyers trying to get the deals while they are hot and interest rates are still low.  Beware looky loo’s as the longer you wait, the inventory is getting picked over and interest rates are on the rise.  You may be pricing yourself out of the market!

Sales:  This week there was only 1 closed transaction on a condo.  This was a GREAT deal on a nice, clean condo in Mountain Shadows.  Probably the best deal in that complex all year!

Market Rejects:  As expected the first of the year has come and gone and with that come a slew of market rejects and expired contracts.  Price, price, price!  If you have expired…check your price!  Also talk with an agent who is active in the market and truly understands what is happening.  This week 20 condos were rejected by the market, 4 PUDs, 18 SFHs and 1 Investment property.  Actually the investment properties were rejected altogether in 2009 with not one single closing. 

More next week!

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!

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…

A 700 pound bear is raiding Incline Village homes in search of food, ripping off garage door panels and wreaking havoc in the neighborhood.  See these two recent news clips to find out what is going on!  A fed bear is a dead bear!

http://www.kolotv.com/home/headlines/72053217.html

http://www.fox40.com/news/headlines/ktxl-news-bear,0,7620695.story

Come one, come all and get yourselves in the holiday spirit of giving.  Save the date for the 30th Annual Toys for Tots Kick Off Party!  December 2nd, 2009 at the Chateau from 6-9pm.  Admission is one wrapped toy!