Incline Village, NV Real Estate News

By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  On the short sale list this week there were 7 price reductions, 1 new escrow, 2 back on markets, 1 new listing and 1 closed escrow.  The condo at 845 Southwood #30 listed for $300,000 sold for 227,000 on 09/30/2011.   On the REO list we have 1 back on market, 1 new escrow and 1 sold to report.  The condo at 989 Tahoe Blvd. #101 listed for $179,550 sold for $200,000 on 09/27/2011.   The market in Incline Village, as reported by the IVMLS,  for short sales and REO sales accounted for 23.35% of closings YTD 09/27/2011.  Add in 10 more Incline REO sales by non-member Brokers and clearly short sales and REO sales are accounting for 1 in 4 sales in Incline Village at this time.    Short sale and REO listings account for about 11% of the total listings.  And of the active short sale and REO...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
The Discovery Set to Open This September Anticipation is building as kids, and parents alike, anxiously await the grand opening of Reno’s newest and most exciting educational attraction. The Terry Lee Wells Nevada Discovery Museum (The Discovery) is northern Nevada’s newest and most exciting hands-on place for kids to experience the amazements of our region while forging lasting friendships with art, science, nature, history and one another. The Discovery will help today’s youth flourish into tomorrow’s explorers, artists, dreamers, scientists, farmers, leaders, doctors, teachers and helpers. Memberships are available now and start at just $85 per year. Families who purchase a membership before the museum opens will receive a special invitation to a members-only preview event before the...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  Apps to Supercharge Your House Hunt   It’s 2011, so why is your homebuying search stuck in 1975? You need to put the smarts in your smartphone and put it to work. Today there are dozens of cheap — even free — applications you can download that can make your homebuying quest easier and savvier than ever before. Here are some of the best apps for you. They work on multiple varieties of smartphones unless otherwise stated. So go ahead and download ‘em, take ‘em for a test drive … then hit the open-house circuit. This time, you’re guaranteed to waste less time finding a new “home sweet home.” I have an iPhone app, which lets you do your real estate search when you’re on the go. It’s quick and easy! Our company has developed an app for the local Incline Village market so searches can be d...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Our company president wrote a memo in early September and I thought it had some good thoughts and ideas.  I would like to share them with you here. A memo to our agents Daniel Jacuzzi I wanted to take a few minutes and comment on the up and down stock market and what it means for us in real estate. First, the good news.  Fear in the Stock Market has caused a flight to safety driving down US Treasury Bond rates and hence rates on home loans. We are at 50 year lows in mortgage rates! Homes today are a great buy and interest rates are at lifetime lows.  I believe that everyone who buys today is going to be very happy five years from now.  In the lower to middle price ranges a person can own a home for less than the cost of renting one.  This is a situation that I have never before witnesse...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
New’s just in from Washoe County Department of Public Works and Roads Division.  In the past week there was a major uproar and controversy over closing the Incline Maintenance Facility.  Owners, residents and realtors flocked to a meeting to make sure our roads are safe and clean for the winter.  Here is Q & A session explained directly by Washoe County Department of Public Works and Roads Division about the 2011-2012 Snow and Ice Control Plan for the Incline Village and Crystal Bay, NV areas.  Click here for all Q&A...  Click on the link to view a map of the Washoe County School Bus Routes to see what roads get plowed first!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Keep updated on what is happening in the Real Estate Market in Incline Village by viewing this great report.  Every week Team Soli reports new listings, price changes, new escrows and other status changes directly to you so you know what is going on in the Incline Village Real Estate Market.  Be the expert...have the expert information at your fingertips....WEEKLY!  Click here to view this helpful report!
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Incline Village local and favorite friend, McAvoy Layne is the Ghost of Mark Twain. “Tales of Tahoe” for adults – Relive Mark Twain’s western experience as portrayed in “Roughing It” by the Ghost of Twain, McAvoy Layne. This is history and humor for the intellectual stomach. WELCOME YOUTUBE VIDEO FROM MARK TWAIN HIMSELF.. http://www.youtube.com/watch?v=EgIfs9Zf-T0 A PAIR OF SHORT STORIES FROM MARK TWAIN http://www.youtube.com/watch?v=n3iUc6lsBlc http://www.youtube.com/watch?v=AuneLXyjQV4   A great local event you should visit while in Lake Tahoe.  Mac does a fine job at his craft.  He should, he's only been doing it for some 30 odd years. Doors open at 6:00 pm, shows begin at 7 pm. Bring your own dinner and beverage. Comfortable chairs and tables provided. Tickets – $24.99 Adults; $19....
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
For the second week in a row, lots of activity. This list is growing and I keep having to make adjustments to keep the list on two pages. Please help by buying a short sale or REO property. On the short sale list 6 price reductions, 3 new listings, 1 new pending and 2 closed escrows. The home at 604 Tumbleweed listed at $345,000 sold 09/22/2011 for $359,000. The home at 601 Cynthia listed at $489,000 sold 09/19/2011 for $460,000.  On the REO list we have 2 new listings, 2 new pending sales and no closed escrows. Highlighted line is new property.  Highlighted others is price change or status change.                             Denise Cash  775.691.3844               Ken Cash  775.691.3855  DeniseCash@TahoeLiving.com          KenCash@TahoeLiving.com  www.TahoeLiving.com  Incline Village C...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Incline Village Market Data   As another summer season begins to wind down, we were wondering how real estate sales the first eight months of the year compared with the first eight months the past several years. Are sales up or down? Does supply still exceed demand for homes and condominiums? What does the future hold in store? Market data from the Incline Village Multiple Listing Service back to 2004 indicates that we are still lagging behind in the number of sales year-to-date considered to be normal for the end of August each year. Normal being about 150 +/- condominium sales and 107 +/- home sales by the end of August. At the end of August 2011, the MLS reported only 86 condominium sales and 61 home sales. There are approximately 227 homes and 219 condominiums on the market this Sep...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  Peppery Pasta Carbonara with Poached Egg Pasta and pork—what’s not to love?  My wife loves to be the family chef.  This is a really good one that I love.  Spaghetti alla carbonara traditionally calls for guanciale (cured pork jowl), but bacon is weeknight-friendly and every bit as satisfying. Raw egg is typically mixed into the hot pasta, but a poached egg on top feels more substantial while still providing the requisite creaminess. Ingredients: •2 bacon slices, cut into 1-inch pieces •1/4 pound spaghetti •1/2 tablespoon unsalted butter •1/3 cup grated Parmigiano-Reggiano plus additional for serving •1 to 2 tablespoons chopped tarragon or parsley •1 large egg Preparation: Cook bacon in a 10-inch nonstick skillet over medium heat until crisp. Transfer bacon with a slotted spoon to pap...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Bryan Wallpe, a local lender in Incline Village, NV reports to Team Soli (with VIDEO) on today's bloodbath for the stock market, yet good news for Mortgage Backed Securities... http://tahoehomesblog.wordpress.com/2011/09/21/bloodbath-for-stock-market-but-good-news-on-mortgage-backed-securities-and-interest-rates/  Check out the whole story!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Want the latest information on what is happening inside the Incline Village Real Estate Market?  Team Soli of Intero Real Estate Services reaches out each week with a blog post on the newest listings on the market, price reductions and status changes for the week.  This is the easiest place to secure first hand information on the market.  Click here for the full story... http://tahoehomesblog.wordpress.com/2011/09/22/incline-village-market-watch-update-september-12-19th-2011/
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  When we began to think about remodeling projects in our home this past month, I thought seriously about both the local building department and our home owners association.  They became part of the thinking and planning.  As both my wife and I are real estate professionals, I could see that it would be easy to just talk about the new windows, the expansion of the deck, new flooring and removing a gas appliance we no longer want in the master bedroom, doing some sheetrock removal and reworking the wall where the gas appliance is located.  Then there are the smaller items.  Run another waterline to an icemaker, replace several appliances. And so the question came up, do we need permits for any of this?  A few phone calls and an attempt to navigate the intricacies of the permit process.  ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
    Yes, the closing costs are up by 8.8%.  This is a pretty dramatic increase in these times of home values going down, foreclosures and short sales on the increase.  A nationwide spike averaged 8.8% higher than a year ago.  You can check this by going to Bankrate. Origination, title and third-party fees on a $400,000 loan averaged over $8,000 wihich is up from approximately $7,500 from the survey done at this same time in 2010.  This was attributed to the increase lenders are charging for the EXTRA WORK they are having to do.  Now that is just plain crazy!!  They are the ones who created this mess to a very large degree and now they must work more, be more detailed and accurate?  Increased scrutiny and tighter lending regulations are the explanation given.  According to the report, Ne...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
The 2nd Annual Lake Tahoe Restaurant Week is a celebration of the scrumptious cuisine and culinary talent that has made the Lake Tahoe region the best mountain dining destination in the country.  Do you have questions?  Go here. Delight your palate with 3-course prix-fixe menus that incorporate organic, seasonal and local ingredients - all served up at Lake Tahoe's charming and historic eateries and bistros.  Here is a list of where to call, where to go.            
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
There was an increase of activity last week! On the short sale list we had 6 price reductions, 4 new listings, 2 new escrows, 1 back on market and 2 sales. The first sale was the condominium at 321 Ski Way #144 listed for $237,500 and sold for $190,000 09/15/2011. The second sale was the home at 707 Golfers Pass listed at $469,000 and sold for $465,000 09/15/2011. On the REO list we had 1 price reduction, 3 new escrows, and 1 closing. The home at 730 Martis Peak listed at $705,850 sold for $725,000 09/15/2011.      Denise Cash  775.691.3844               Ken Cash 775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com             www.TahoeLiving.com Incline Village Condominium/PUD Short Sale Listings   MLS#              Address                       Unit     List Price    ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  10th Annual Village Oktoberfest Saturday, October 1 One of the the best events of the Fall! Traditional Bavarian Music and Folk Dancers, Benefit Beer Garten, Brats & Kraut & games from 2 to 6pm. All entertainment at the event is free. Fundraiser for the Tahoe Truckee Lacrosse Association. NEW THIS YEAR: Yodeling contest and Alpenhorn contest. Yodel and play an alpenhorn for beer! (Must be 21 and over of course) Make Your Own Alpenhorn Entertainment: Joe Smiell & His 20 Piece Bavarian Band Almenrausch Schuhplattler Folk Dancers Alpentazer Schuhplattler Dance Troop Benefit Bier Garten: $10 includes 1/2 Liter Glass & 1 Beer. $5 for additional Beers. Oktobergames: 3pm - Keg Race. 4pm - Brat Toss. 5pm - Stein Holding Contest.
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Less than 2 weeks until the first of the 30+ events begin. First Event is Thursday  9/22/11Speed Golf at Tahoe Paradise Golf CourseRun 18 holes using any 3 clubs. Add time and score together. More fun than anyone deserves.... So I've been told.  Register on line or at the Golf Course8PM registration9PM First Tee   Friday  9/23/11Kayak or Swim at Lakeside BeachRent your Kayak from KayakTahoe.com 530-544-2011 Kayak Tahoe will deliver your Kayak and pick it up form the venue and give you lessons on Thursday.You can register race morning starting at 7:45 AM Kayak starts at 9 AMSwim start time 10 AM Saturday  9/24/11 The Great Lake Tahoe Bike Race72 or 35 Miles Marathon Sunday   9/25/11  Do any 3 of their 30+ events for the vacation special of $225 Online Registration closes on Wednesday Se...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Want to know what is happening in Incline Village Real Estate and the surrounding markets.  Team Soli of Intero Real Estate Services keeps a pulse on the market and each week they deliver the new listings, price changes, status changes, what properties have sold or gone into escrow and the best deals in the market.  Click here for this week's update...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Listen On YouTube NOW! These totems below were created for the Trails & Vistas event 2008 by Truckee Community members working with local artists Alanna Hughes, Mary Buchan and Nancy Tieken Lopez.Photo by Susie Zweigel Trails and Vistas Brings the Beauty of Art, Dance and Music in Nature to Lake Tahoe Trails & Vistas is the most unique art experience in North Lake Tahoe. The next event will be on Saturday, September 17 and Sunday, September 18, 2011. You won't want to miss the next magical Trails & Vistas art hike so mark your calendar today. Plan to participate in the region's only art-hike. Experience live performances and installation art along a gentle, guided 2 1/2 mile hike during the region's only art-hike. Experience the one-of-a-kind blending of art and nature with 30 fellow h...
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