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Incline Village, NV Real Estate News

By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The Incline Village Real Estate Market is still moving. The most popular properties so far this year are the multi-million dollar properties. If you have the money, there is no better time to be buying than now. The ultra rich are proving that (just look at the sheer number of properties already sold over $2Mil and what is in escrow over $2Mil). For the week of 4/13/2009-4/19/2009 the following has been happening in the Incline Village Real Estate Market! New Listings. This number is a bit skewed ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Resources to assist you in planning your move If you're moving soon, you will need to change your address. You can now do this quickly and easily online through the USPS website. Visit https://moversguide.usps.com/?referral=USPS. Also, you may be planning on some home improvements. Planning on doing it yourself? Check this site for assistance with all of your repairs and improvements http://www.doityourself.com/.Don't forget that when you move you will probably have a lot of clothes and other items that you will be giving away. You can visit http://locator.goodwill.org to find your nearest Goodwill Donation Center.
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Picture this...Over 100 people on the pool deck at the Incline Village Recreation Center, The Easter Bunny in swim trunks, kids waiting, dangling their feet in the pool as the lifeguards scatter hundreds of eggs in the water, some weighted to sink while most float the surface of the pool.  Easter Egg Buckets are distributed to patiently waiting kids and then the whistle blows.  The kids litter the pool, legs flying, arms frantic to get their hands on as many eggs as possible.  Once the eggs were all collected the kids happily ran off to exchange their eggs for goodies and the next wave was ready to go. My hats off to the employees that made this day happen.  I love to see the creativeness and use of public facilities for events that stimulate our communities activities.  And, instead of...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
The first quarter is over and the numbers for Incline Village Real Estate might actually have a new song to sing or at least improvements to the downward spiraling trend of little to no activity in home sales.  March statistics were an improvement over the year before and the month before in regards to properties sold.  View March statistics from a previous blog here. Comparing 2009 1st Quarter to the same time period in 2008, Total Unit Sales were up 25% for Single Family Homes, flat for PUD's (Planned Unit Developments) and flat for Condominiums.  Investment properties are down -100%. ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
March 2009 Statistics are in for Incline Village, NV Real Estate.  Inventory is high, single family homes are at a high of 232 units, there are 65 free standing condos and over 152 active condominiums on the market. Are things changing in the market?  Looking at the numbers and comparing them to last month and to the same month in 2008, it's not so bad.  Single Family Homes are actually up 20% for solds as compared to March of 2008  and up 40% if compared to last month. ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Are the foreclosures and short sales coming faster and are there more of them.  Well, currently in Incline Village there are over 100 properties on the market in these categories.  Out of 230+ houses, 150+ condos and approximately 60 PUD's (planned unit developments), we say YES!  The foreclosures and short sales in Incline Village are coming faster and there are more of them.  The Distressed Property Insititute now reports that almost 1 in 3 loans are in a distress situation (nationwide).  That is huge and proves that this issue is not going away. This week the following properties were added to the list: 
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Since when do bunnies swim?  Well, in Incline Village, NV they do and they are getting ready for Easter by preparing an 'Underwater Easter Egg Hunt' on Saturday, April 4th at 11:00 am at the Recreation Center Pool.  Some eggs will be weighted (Assume some will be floating too) and kids will be grouped accordingly. The following week the 'REAL' Easter Egg Hunt will be on at the beach...The Spring Eggstravaganza Annual Community Easter Egg Hunt is set for Saturday, April 11th at Incline Beach. The hunt starts promptly at 11:00am. Ages Infant - 11 years old are invited to hunt. If you arrive at 10:30am you can bring your camera to get your child's picture with the Easter Bunny. Best wishes with all the hunting...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Still streaming into the market and off the market...Foreclosures and Short Sales homes are the hottest thing in the Incline Village Real Estate Market.  Everyone wants a good deal and for good reason.  Where is this market going?  Where is this Economy headed?  Well, with the number of shorts sales and foreclosures currently on the market we are destined to keep skipping along the bottom of the market for some time.  The data suggests that market values are not severely declining, but the homes moving are the ones that are priced accordingly and for the most part consist of short sales, foreclosures and homes listed at or below FMV...Fair Market Value.  Want to be one of those properties sold?  Want to find one of these great deals?  Look here for newest additions to the Notice of Defa...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Great news for all the Incline Village Families that were concerned about the education of their children and whether or not Incline Village Elementary School was going to offer Full Day Kindergarten. It was official as of Friday, March 20, 2009. Apparently the legislature voted to keep Full Day Kindergarten at least in Incline Village and there are three dedicated full time teachers allotted for this program. Other good news is that everything is on schedule to have both schools combined at the current Incline Elementary 3-5 school so now they will all be based under one roof.  What a relief for parents like us that will have two kids in the same school.  Logistically it is difficult to be at two schools at once for drop off and pick up! Way to go Incline and let's keep our education p...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
It is a busy weekend at Diamond Peak Ski Area in Incline Village, NV.  As we near the end of the season and the true scents of Spring are in the air...warmer weather, cheeseburger birds and softer snow conditions it's time to kick it up a notch before putting the skis away for the season. On March 28th-3rd the Annual Uphill Race- Skin or snowshoe up to the mid-mountain Snowflake Lodge and enjoy a continental breakfast and awards ceremony! On March 29th- 9th the Annual Dummy Downhill- This event is hilarious.  You build a dummy and launch it off a big jump! The entry is FREE and you can claim 2 lift tickets and 2 commemorative T-shirts per dummy made. Prizes are given away for longest jump, best crash, and more! Prizes include Austin's, Big Water Grille, Hacienda de la Sierra, Crosby's a...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Want the inside scoop on what is happening in Incline Village Real Estate? Nationwide...Existing-home sales post surprising 5.1% gain.  MSNBC reports today that sales of existing homes rose from January to February in an unexpected boost for the slumping U.S housing market as buyers took advantage of deep discounts on foreclosures.  See full article here... http://www.msnbc.msn.com/id/29836196/from/ET/   For the week of 3/16/2009-3/22/2009 the following was going on in the MLS with homes at Fair Market Value, Short Sales and REO's:  Read more...
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By Tracy Saunders
(Chase International)
Looking for some fun events for your preschool age kids to do in Lake Tahoe over spring break than check out Kids Kamp... April 13th 14th and 16th Registration Monday April 6th 775.832.6802 Fun adventure in a safe educational environment for pre-school children!  Kids' Kamp is offered by Tahoe Timber's Preschool for children in early childhood programs in order to promote and support healthy and safe educational alternatives in our community.  Kid's' Kamp directly impacts families in North Tahoe communities by  broadening choices for children's activities and learning experiences throughout the year.  Created and developed by Sabrina Albrecht, a certified teacher with 15 years experience, Kids' Kamp acts as enrichment programs for children.  Camp programs utilize outdoor adventures and ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Looking for distressed property in Incline Village, NV?  The Incline Village Real Estate market is seeing more and more properties going into default causing a upsurge in short sales and foreclosures. This week we have a lot of updating for you...including REO's recently sold, new possibilities and properties with VERY motiviated sellers.  It is a good time to be buying when you look at these deals. NEW Notices Of Default: Read More...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Say Goodbye to Slide Lodge...It is definitely time to say goodbye to this old, outdated, run down, legend of a building and the new plans sound very exciting.  With a new Slide Lodge on the horizon, the existing structure is set to come down in early April.  Below is the timeline for saying good bye to the old building: Monday March 23 - Slide Lodge will be closed for the season, parking will remain open for pass holders and Team Falcons Parents & Participants.  All ticket buyers will need to go to the main lodge (Mt. Rose side).  Early - mid April - The Sierra Fire Protection District will conduct fire and rescue exercises in the old building. All activities will take place after 5:30pm and all spectators will be required to stay in the parking lot beyond the protective barriers. Plans...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Incline Village Real Estate is hit just like any other market nationwide, you name it discount pricing via foreclosures, shorts sales and smart sellers who truly want to sell. Don't be fooled by the people who tell you otherwise and that we 'protected'. I am an eternal optimists, but the numbers don't lie and in every dire situation it reeks of opportunity. So although this weekly blog about 'What's Happening Inside the Incline Village MLS' might sometimes look grim...if you are a savvy buyer or investor in this market I say...'BRING IT ON' because there are opportunities galore. New Listings This Week consist of 2 Condominiums and 3 Single Family Residences (Incline Village Homes).  Want more info...click here...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Yes, Incline Village has distressed properties and lots of them.  Nationwide statistics show that 1 in every 7 homes is in a distressed situation across the country.  Short Sales, Foreclosures and additional properties going into default range anywhere from just under $200K to over $2Million (no one seems to be immune). New this week are the following: NEW Notice of Sale:  820 Oriole Way - Royal Pines #84- NOTICE OF SALE on 4/1/09 225 Allen Way- NOTICE OF SALE on 4/1/09 NEW Notice Of Default: 1000 Lakeshore #12 To view the entire list of foreclosures, bank owned properties, properties going to sale and properties that are in default click here. If you have a distressed property and need help, we are Certified Distressed Property Experts and we can help.  The sooner you call the better o...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Another typical week in Incline Village.   Although activity is still on the slow side, at least we have activity. We are here to preach again that it is the short sales (long process for a good deal) and the foreclosures or the sellers that are listening to their agents when it comes to pricing, because only the good deals are moving!  Read more...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Discounted rates are everywhere in the mall, grocery stores etc.  What about the foreclosure market?  There are GREAT deals here and Real Estate is a sound investment, especially when you are buying near or almost near the bottom. Incline Village continues to see properties go into default, become Short Sale properties and eventually Foreclosures. Incline is not immune to what is happening in the rest of the country and if you are a buyer looking for a hot buy, you should be checking out this list and keeping current on what is happening in Incline Village Real Estate. These properties have already hit the Notice of Default list and now the sale dates have been posted.  Read more...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Unless you live in the mountains you probably do not have a clue about Radon nor do you really need to be concerned about it.  However if you live in an area like Lake Tahoe with lots of granite, it can be a real concern. So what is Radon?  Radon is a radioactive gas that has been found in homes all over the United States. It comes from the natural breakdown of uranium in soil, rock and water and gets into the air you breathe. Radon typically moves up through the ground to the air above and into your home through cracks and other holes in the foundation. Radon is known to cause thousands of lung cancer deaths each year according to the Environmental Protection Agency, as the gas leaks up into homes for many years.  Since the gas is odorless and tasteless it is much more deadly as it is ...
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By Bruce & Sandy Soli, Tahoe Lifestyle Experts
(Sierra Sotheby's International Realty)
Incline Village Real Estate continues on the same course. Market Statistics for February 2009 prove that we are still in an 'Extreme Buyers Market' with opportunities galore for aggressive buyers to get in ahead of the next curve. How long will it be before the market goes back up again.  Sorry, the crystal ball is not working, but we will share with you that Real Estate is a very cyclical market and at some point this downward spiraling market will come back.  Buyers who take advantage now will be much better off getting the properties they want at prices that they want.  When we do see the change in the market (it will most probably be much more of a gradual upswing) the best properties will already be taken. The Average Absorption Rate for property in Incline Village is hovering arou...
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