Incline Village, NV Real Estate News

By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
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
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Tardy with last weeks update, just like my Thanksgiving Dinner. Sorry for the delay, and for the 'off season' it was not such a bad week in Incline Village Real Estate. Homes are still moving in all price bands and categories too...that is the good news!  Click here for the complete story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
A bit slower this week, but still properties are added and sold from the list.  This week as of 11/11/09: 825 Southwood Blvd - Southwood Pines #5, - SOLD BACK TO BENE. NO RECORDED DOC YET. NEW Notice Of Defaults: 702 College - Incline Crest #73 NEW NOTICES OF SALE: 108 Steam Circle - SALE POSTPONED UNTIL 12/8/09 549 Boothill Ct.- SALE POSTPONED UNTIL 12/8/09 725 Fairview - Incline Pines #10- SALE POSTPONED UNTIL 12/9/09 121 Juanita - Forest Pines #2-21 -SALE POSTPONED UNTIL 11/10/09 (we believe this was sold at auction, but has not been recorded yet!) Click here for a full list of foreclosures and distressed properties.
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Wow, almost Turkey Day now and already we are into November.  Everywhere you look Holiday decorations and advertisements are EVERYWHERE!  So, with all this hublub...What's Happening Inside the Incline MLS? Well for the week of November 2nd through the 8th, here are the details:  Click here for the full story...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Family Pool & Movie Night early bird special!Come join in the fun for the 2nd Family Pool and Movie Night on Friday, November 20! Splish splash with other families in the pool then head upstairs to the lobby and enjoy popcorn & ice cream while enjoying our special feature "BOLT"! For more information please call (775) 832-1310. This is a family event. All children must be accompanied by an adult. EARLY BIRD SPECIAL: Register by Friday, November 13, and receive $5 off a family of four! What a deal! Available for online registration. For more information click here.
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Did you know that Incline Village Foreclosure are at a current high of 139 homes?  This, with an estimated total home count of 3465.  Of these homes 598 are in pre-forclosures, 90 are in default, 51 are at Trustee Sale level, 72 are already bank owned or REO (Real Estate Owned) and total resale properties are at 374 and 11 For Sale By Owners.  This data is collected from the number one website for foreclosures...Realty Trac as of November 6, 2009. Foreclosure Heat Rate Map September 2009 Foreclosure Activity & Home Price Index for 89451 Geographical Comparison for the Area and State of Nevada Foreclosure Activity By Month Washoe County Activity Map So, What happened in Incline Village this week... Removedfrom list - Cancellation of default 945 Harold Dr. - Chateau Apt. #6 Removed from l...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Don't be fooled the Incline Village Real Estate Market is not immune to distressed properties including foreclosures and short sales. In fact, this week, the activity seems to be heating up and the forecast is calling for more of these properties to hit the market after the first of the year. Read More...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
It's almost Halloween and with the holiday comes a tradition in Incline for all youngsters (well some older too).  The Trail of Treats and Terror is calling all Incline Trick-or-Treators and their parents to join the quest by parking their mere mortal vehicles at the Incline Middle School (IMS) parking lot or Sierra Nevada College Parking lot before entering the haunted trail. Stops include: the Donald W. Reynolds Community Non-Profit Center, the "Fantasy Forest," "R.I.P." (Recreation in Peace) at the Recreation Center, the LakeTahoe School, the "Talking Tree Forest" and "The Haunted Halls" of SNC. The Spooky Shuttle will return any survivors to their cars parked at either lot. This event really is a fun one for the whole family and multiple stops along the way keep everyone curious.  B...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Luxury Homes in Incline Village reduce to entice buyers all over the country.  Are prices at an all time low?  Recent price reductions in this segment of the market have increased some buyer activity and on a whole the luxury market has done pretty well in 2009.  However with so much inventory on the rise, will prices continue to drop or will these gorgeous homes get snagged up at their current low prices? Currently there are 23 luxury listings on the Incline Market (look up includes all homes over $2Mil built after 2002).  There are 8 between $2-$3Mil, 11 between $3-$5Mil and 4 over $5Mil.  Currently only one of these is in escrow and it is a short sale, 517 Fairview Blvd..  Has this segment been hit hard by the economic conditions...you betcha! Luxury homes and their owners are not al...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Catch the latest updates with the Notice of Default list, properties in some form of distress and current short sales and bank owned sales each week right here!  NEW REOs: 825 Southwood - Southwood Pines #1, APN 127-110-01, Rec 10/7/09 818 Donna Dr., APN 124-082-40, Rec. 9/25/09 820 Oriole - Royal Pines #57, APN 132-252-34, Rec. 9/16/09 Full Report...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
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 enj...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
It's hard to believe we are already deep into the 4th Quarter of the year, but we are!  Are things improving?  Yes, they are, but not by much when comparing year over year 2008 to 2009.  Here are the details.... Total Unit Sales in Incline Village Real Estate are down -4% in condos, up 17% in PUDs (Planned Unit Developments) and down -3% in Single Family Homes comparing 2008 to 2009 for the same time frame.  There were a total of 48 condos sold so far this year, 21 PUDs and 67 homes.  Full Report...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Making up for last week, we are doubling down with the information from Inside the Incline MLS. Not too many sales in the last two weeks, but there was a flurry of activity in new escrows and new escrows that did not survive… Each week we post the new listings, price reductions, new escrows, sales and any tidbits of market information here.  For a complete list of what is happening and to be in the know, click here...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Catch the latest updates with the Notice of Default list, properties in some form of distress and current short sales and bank owned sales each week right here! NEW REOs: 825 Southwood – Southwood Pines #1, APN 127-110-01, Rec 10/7/09 818 Donna Dr., APN 124-082-40, Rec. 9/25/09 820 Oriole – Royal Pines #57, APN 132-252-34, Rec. 9/16/09 NEW NODs or NOTICE OF DEFAULTs: 400 Fairview – Bitterbrush #2, APN 126-294-10, Rec. 10/5/09 825 Southwood – Southwood Pines #22, APN 127-110-22, Rec. 10/2/09 929 Northwood – Third Creek #6, APN 132-061-23, Rec. 10/1/09 & 12/3/08 290 Deer Ct., APN 127-570-07, Rec. 9/28/09– Bank & HOA 821 Golfers Pass, APN 129-280-06, Rec. 2/3/09 & 9/24/09 929 Dorcey, APN 125-161-25 NEW NOTICES OF SALE: 725 Fairview – Incline Pines #10, APN 126-302-16, Rec. 5/8/09 837 South...
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By Charlene Hamilton, Reno Relocation Real Estate
(Keller Williams Group One Reno)
Get your passport to North Tahoe dining on Thursday, October 8th, from 6-9pm at the North Lake Tahoe Event Center.  The North Tahoe Business Association will be hosting this fabulous, fun event to help showcase the talents of local chefs.  In addition to great food, you can sample micro brews, wine, live music and take part in a silent auction and raffle.  Just some of the great restaurants and breweries featured at this year's event are the family-owned Italian eatery Lanza's, Conrads Steak, Chops and Seafood House, microbrews from the Fifty Fifty Brewing Company and Lake Tahoe's own pizzeria CB's Pizza and Grill.  Tickets are only $30 per person.  Get your tickets today at www.northtahoebusiness.org.  This is a great way to experience North Tahoe in the fall and get a taste of what No...
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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 post recovery high last week ended rather abruptly with the market heading south.  I guess that was the assessment of the impact the Federal Reserves latest economic data.  Who do you listen too?  On Wednesday last week the Feds said 'economic conditions are likely to warrant exceptionally low levels of federal funds rate for an extended period of time .'  I guess that means interest rates would remain low for the foreseeable future?  Sounds healthy for the economy and stock securities, right?  The Feds also said 'it was slowing the pace of its purchase of mortgage-backed securities I am not clear I saw that purchasing from the beginning.  So how much more can they slow it down?  And so what, has this really helped the housing market?  The wording is difficult.  Sounds like the punc...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Looking for BRAND NEW Construction in Incline Village with quality building materials?  Does Green Construction make the top of the list?  How about asccessiblity with an elevator to every floor?  What about Owner Financing?  Would this help in a market where getting a loan is just a giant pain?  If you answered YES to any of these questions this is the home for you!  Click here for all the detail and a virtual tour of the property.  Click here for the Custom Home Features, there are many! ‘Alpine' style architecture with PANORAMIC mountain views of the ski  area.  This home sits at the end of a private cul-de-sac location next to Nevada State lands.  The entry landscape was designed with the original boulders from the excavation site with a sprinkler system already in place.  Inside a ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
This week there were some foreclosures sold and removed from the list as well as some additions and new notices of sale.  Looking for good deals or even upcoming deals in the Incline Village Real Estate Market.  Check back here each week to find out what is new and what is happening in the Foreclosure Market in Incline. SOLD (REMOVED FROM LIST)574 Chico Ct., APN 125-564-13 - SOLD FOR $701,000 NEW NODS: 309 Laura Ct., APN 125-171-03, Rec. 9/14/09 118 Rubicon, APN 122-211-04, Rec. 9/14/09 700 College - Mt. Rose Chalets #23, APN 129-251-29, Rec. 9/11/09 NEW NOTICES OF SALE: 860 Jeffrey, APN 125-244-05, Rec. 5/20/09- SALE POSTPONED UNTIL 10/13/09 830 Southwood, APN 132-440-02, Rec. 4/23/09- SALE POSTPONED TO 10/14/09 872 Tanager - Pinebrook #17, APN 132-570-08, Rec. 3/2/09-  SALE ON 9/16/09...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Chances are, you or someone you know in Incline Village is facing the possibility of foreclosure. But you need to understand that you are not alone. Today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged. Through our experience handling distressed properties at Intero Real Estate Services, we've found that homeowners today have more questions than answers about their circumstances. We have created this site, http://NeedHelp.SoliRealEstate.com to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Activity is picking up in the Incline Village Foreclosure Market. Not only are these the hottest properties to purchase there seem to be more and more of them hitting the market and faster and faster too. If you are a seller and you are on the Notice of Default you need to talk with a qualified Realtor who has their certification like the CDPE-Certified Distressed Property Expert ASAP. Do not wait another day. If you are a Buyer you should be watching this list like a hawk so you know when and how to act on one of these GREAT deals! They are hitting the market all the time and sometimes quite quickly.  For the complete story, click here...
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