Here’s what is happening inside the Incline MLS for the week of 10/12-10/18 2009. This last week proved to be a pretty activity week for new escrows and sales, despite the economy and the falling temperatures.
New Listings this week were low with only 3 condos added to the market, 1 PUD and 6 single family homes. Of the condos just listed the one in Southwood Pines screams of a deal, but make sure you understand what is going on with the complex. Apparently there is a major assessment in the works! The one new PUD that was added is a short sale and a great deal based on sqft alone. The floor plan is not conventional, but interesting to say the least. The best part of this unit is the setting…it faces the woods, has great views up to Diamond Peak and a couple of big decks to enjoy the outdoors. One of the 6 single family homes caught my eye as a best buy. 861 Jeffrey was just purchased at auction and relisted at $449K. Based on sqft and a one car garage with the house in decent to good shape, this is a Hot Buy for sure. Do not expect this one to last long on the market. Click here for the rest of the article…