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 - )
  Join in for the Eighth Annual Downtown Truckee Wine, Walk & Shop! October 1, 2011 Noon to 4 p.m. Commercial Row in Historic Downtown Truckee, California TICKETS are $30 in advance/$40 day of the event.  You can buy tickets online (see below)  Tickets will also be available in various locations in Truckee/Reno.  Pick up your tickets in front of the Truckee Donner Chamber of Commerce and Train Depot in the heart of downtown. Now in its eighth year, The Downtown Truckee Wine, Walk & Shop has established itself as one of Truckee's prominent events. This annual favorite brings nearly 1,000 locals and tourists to historic downtown Truckee to sip wine, taste scrumptious food samples and enjoy shopping. With your ticket you'll receive a commemorative wine glass to sample wine at 25+ venues, ...
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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 - )
    Fairly quiet week with only 5 short sale listing price reductions, and one new short sale listing on 740 Mays Blvd.  No sales to report.   On the bank owned list, we have two pending sales and one new listing at 887 S. Dyer at $399,900.  That sounds like a real bargain.                  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        Status  Bed     Bath   Gar       SqFt   940104            945 Harold Dr.             1          $139,000         A         2          1          N         782   939875            807 Alder    ...
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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 - )
Nature & Science Kokanee Salmon Festival October 1 & 2, 2011.  As the seasons of colors begins to change, a fun event takes place.  Specifically in Lake Tahoe this means throughout the month of October, the Quaking Aspen trees will glow a brilliant gold and the vibrant red Kokanee Salmon will spawn in Taylor Creek at South Lake Tahoe. To celebrate this event, the U.S. Forest Service sponsors the Kokanee Salmon Festival at the Lake Tahoe Visitor Center at Taylor Creek, 3 miles north of South Lake Tahoe on California Highway 89. On Oct. 1 and 2 bring the entire family to participate in this fun event.  It has become one of the most interesting and educational events in Lake Tahoe. It's a free family event that encourages participation by children and their parents in a wide variety of edu...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Foreclosures in Incline Village were never a HUGE part of the market, but they have slowed down tremendously.  Is this asign of recovery or just a slow down while banks try not to flood more inventory on the market?  Click here for the most recent update or visit us for the running list of foreclosures and short sales on the market at www.solirealestate.com/foreclosuresandshortsales.html.
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
For the week of August 15th-21st, 2011 the following was happening inside the Incline Village and Crystal Bay, NV multiple listing service (MLS).  13 New homes listed for sales, 33 price adjustments on the market and 16 status changes...7 new escrows and 5 properties SOLD.  Our market is remaining steady and the good deals are going fast.  Click here to see all the data for the week...
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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 - )
    Quiet week in activity. On the short sale list we have three price reductions and no new listings. And one short sale closing. The listing at 809 Snead Ct. listed at $659,000 sold 09/02/2011 for $650,000. On the bank owned list, we have just one new listing at 321 Ski Way #71 listed at $168,000. This is a 5 bedroom, 2 ½ bathroom Mountain Shadows model! Somebody jump on it! Have a great Labor Day weekend.           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        Status  Bed     Bath   Gar      SqFt 940104            945 Harold Dr.   ...
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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 - )
        On the short sale list (its growing), we have 4 new listings, 6 price reductions, 3 new pending sales and one closed escrow.  The home at 964 4th Green listed at $895,000 sold 08/24/2011 for $715,000 cash.  The new listing at 550 Fairview at $2,195,000 sounds like a real value.   On the REO list, we have one sale, one price reduction and one new listing.   The condo at 810 Alder listed for $109,000 sold 08/26/2011 for $112,000.  The new listing at 730 Martis Peak looks to be a bargain.  There is certainly a lot of people and activity in town..         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   M...
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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 - )
Recently I read about mentoring and that it can often play the key role in someones personal and professional life.  I believe that to be true, don't you?  Learning about life, about a new career or even one that is unstable and unhappy can be a difficult endeavor.  The piece I read talked about learning the ropes be it in real estate or filling a social need in the community. The article in REALTOR magazine along with the Good Neighbor Society made up of past award winners were again honoring five volunteering works grant recipients.  In case you didn't know, as I didn't know, these are real estate professionals who have turned their vision of helping other into actions.  As winners they will receive a grant, but more important in my mind they will be matched for one year with past Goo...
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By Charlene Hamilton, Reno Relocation Real Estate
(Keller Williams Group One Reno)
The 2011 Bluegrass and Beyond Music and Art Festival takes place this Saturday, August 27th, and Sunday, August 28th at the Sand Harbor State Park in Incline Village (about an hour south of Reno, NV), presented by the Lake Tahoe Shakespeare Festival.  Beginning at 5pm and continuing through until 11pm, Bluegrass lovers can enjoy live music from legendary musicians such as: Danny Barnes Bison The Bucky Walters Buster Blue Hot Buttered Rum The Jug Stompers Keller and the Keels Peter Rowan Bluegrass Band Thick Soup The Trespassers Wild Horse Drive On Saturday evening, a special late night performance by EPROM, The Pimps of Joytime and Groove Session will take place inside the Mont Bleu Resort at the Club Blu at 11pm.  You will need to purchase an additional ticket to attend this performanc...
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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 - )
    Here in Lake Tahoe we are fortunate to not have the many abandoned homes which are unsightly.  We are not struggling with overgrown lawns, boarded windows, sagging gutters, damaged doors and windows not to mention the high risk of vandalism, rodents and bears moving in etc.  Most of our homes in foreclosure limbo don't look a lot different than the second home where the owners and friends only come for 2 or 3 weeks maybe 3 or 4 times a year.  Second home owners in the mountains tend to want a very low maintenance landscaping even to the point of keeping it all natural. So what happens when you want to sell your home and the next door home is in foreclosure or already bank owned?  Well, not much other than you will need to consider the pricing which those homes are being marketed at....
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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 - )
    On the short sale list, there have been seven price reductions, two new escrows, one back on market and one new listing since my last report of 8-7-2011. No sales to report. On the bank owned list, there has been one price reduction, one sold to report, one new listing and two new escrows. The home at 529 Dale Dr. listed for $1,345,900 sold for $1,300,000 cash 08/05/2011. Our office is now ahead of last August closings as of the 18th.  That is a good thing as the market has not been all that hot this summer. Historically speaking the most closings are in September, October and November. Overall,the market has been adjusting list prices to market conditions. We are also making more headway now with our short sale inventory with a few short sale approvals that I’m aware of in the past...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
For the week of August 8th-14th, the following was happening inside the Incline Village MLS with home sales, new escrow and new listings onthe market.  Check here weekly for the most up to date information on Real Estate in Incline Village and Crystal Bay, NEVADA.  Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Nevada is at the top of the list for foreclosures nationwide.  The majority of those reside in Las Vegas.  To find out what ishappening locally and specifically in InclineVillage and Crystal Bay, NV read on...http://tahoehomesblog.wordpress.com/2011/08/15/incline-village-and-crystal-bay-foreclosure-update/  Team Soli posts this information perdiodically to provide you with the most up to date info on our local market.  
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
It's hard to believe as it feels as if Summer just really heat up, but it is Back To School time for Incline Village starting Monday, August 22, 2011. Last week teachers were announced via snail mail for the elementary school and the text's started flying...'who has who' and 'who is in what class with what other kids'???  BIG questions and very important for Elementary School.  With the teacher announcements came the School Supply Lists and Wishs Lsits for each classroom.  Now's the time to do your Back to School Shopping and stock up on crayons, pens, paper, pencils, new lunch boxes, backpacks, and don't forget a new outfit or too and some new shoes!!!  Incline Elementary School Website - Supply lists are based by classroom teacher.  If you did not receive one in the mail you can conta...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Into August and the market is still moving. More and more inventory is coming on and the good deals do not last. Buyer confidence has picked up, will the downturn in the stock market affect this? For the week of August 1st-7th, 2011, the following was happening inside the Incline Village Multiple Listing Service…13 new properties for sale, 27 price adjustments and 22 status changes. 8 new escrows, 4 properties sold and 8 market rejections. See below for all the details and clickable links to the properties directly. For more information on the current market or to search for all properties, visit us online at www.solirealestate.com. To view the whole post, click here!
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Foreclosures in the Incline Village and Crystal Bay Communities of Lake Tahoe Is there an end to the foreclosure crisis? One home at a time, but until our market rebounds (which real estate economists are saying could be 5-7 years or LONGER!) we are still plagued by foreclosures and other distressed properties in our market…short sales, deeds in lieu of foreclosures, etc. With the downturn in the stock market the news is quite grim. Here is the most current market update available…For a complete list of foreclosures and distressed properties visit us at www.solirealestate.com/foreclosuresandshortsales.html  
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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 - )
On the short sale list, we have 5 new short sale listings, 3 price reductions, one price increase, 2 new escrows and no sales to report. And two back on market listings.  The new short sale listing at 769 Mays Blvd. looks like a good value with a garage.  Short sales continue to be a very active part of our market.   On the bank owned list, we have just one price reduction and a new escrow to report at Incline Manor.       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        Status  Bed     Bath   Gar       SqFt   939875            807 Alder                     81        $14...
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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 - )
As a buyer..........or a seller, this is important stuff. Why is it that some real estate professionals along with their buyers think that floating an offer verbally by the listing agent and seller is a good practice.  I am not saying that I have never run an idea by the other agent to attempt at getting a feel for the motivation of the seller, however, when it came time to actually get the details down, I did it in writing on the proper documents including all the disclosures.  (I now use docusign almost exclusively except when a buyer or seller wishes to not use.)  So why not get as much signed off as possible up front?  Given the many disclosures we deal with.  And it only takes another few minutes to complete everything and it sets the tone in my mind as what my expectations are goi...
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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 - )
Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com     On the short sale list, 8 price reductions in the past couple of weeks reported.  422 Valerie, 572 Lucille and 985 Wedge Court are looking very attractive with slimmed down prices.  Short sales are still a difficult transaction, requiring consider time, patience and a good chance the bank will not agree with the buyer and seller's idea of what the price should be.   5 new escrows were reported.  This remains a very active segment of our market even with the difficulties of lenders.  Only one new short sale listing at 697 Carson Ct at $754,611 which also may be a great opportunity.  And three closed escrows J ...
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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 first quarter ended with decent home and condo sales.  Although the number of buyers in this market has been less than anticipated.  We are think the remainder of the year should better.  The signs are there and historically we always do better the last half of the year.  Home values seem to have settled in however there are still short sales and bank owned coming to the market.  This will probably continue for the next 2-3 years.  Affordability in Lake Tahoe may not have been this good since 2001. Although there is not alot of foreigners buying Lake Tahoe homes the few that are, get excellent value homes when considering the exhange rates, taxing and other factors.  Speaking of short sales, we do not have as many as say 6 months to 12 months ago and prices even in this area of the...
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