Archives for December 2013

Deb Howard’s State of the State of Real Estate in Tahoe

After a decade of boom and bust, did we bounce back? The answer is yes. After experiencing an amazing up-turn in the market in the first half of the past decade, we got a heavy dose of reality in the form of pricing declines in the second half. I'm cautiously optimistic to report that, along with the industry leaders at CAR and NAR, we're predicting that we will see continued but slow and steady increases in median home price and continued increases in home sales over the next year. The … [Read more...]

Open House Saturday December 27th, 2013

619 Lakeview $399,900 619 Lakeview Open Sat 11am-1pm Filtered lake views come with this charming Lakeview Dr. NV. 2,208 square feet3-4 bedroom, 3 bath home with loads of extra features. Step up entry level brings you up to the large level parcel and grounds which also hosts a large shop /shed. Hosted by Natalie Yanish  … [Read more...]

Happy Holidays from the DH&Co Crew!

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Open Houses Saturday December 21st, 2013

1138 Golden Bear $574,9001138 Golden Bear Open Sun.10am-NoonThis Montgomery Estates neighborhood is host to our spacious & sunny 4 bdrm., 2.5 Ba., Tahoe style contemporary home comprised of 2,662 sq ft. Along with oversized 2 car garage & the .18 acre fully fenced, landscaped grounds, comes a warm, welcoming feel when you walk in the door of this custom split level 2002 beauty.  Hosted by Michelle Cutting  970 Granite Mountain $534,900970 Granite Mountain Open Sat. Noon-2pmMost … [Read more...]

Largest Private Land Holding in Tahoe Sold

Largest Private Land Holding in Tahoe Sold By Kathryn Reed - www.laketahoenews.net It took more than seven years and for the price to drop $55 million before Tranquility got a new owner. Tranquil Investments LLC bought the Zephyr Cove property for $45. When it first went on the market in 2006 the asking price was $100 million. It is the largest private land holding in the Lake Tahoe Basin. This staircase is designed to look like the one on the Titanic. In 1996 Joel Horowitz, … [Read more...]

Open Houses Saturday December 14th, 2013

970 Granite Mountain $534,900970 Granite Mountain Open Sat 11am-1pmTahoe Mountain area finds this custom newer construction modern mountain home. Furnished turn key 3bdrm plus family rm (or 4th bdrm) 2.5 ba. Nearly 2,300 sq ft. split level hosts fabulous views of the sierras set on nearly a .25 acre sun drenched south facing parcel. Master set with walk in closet. Custom kitchen.  Hosted by Wally Johnson  709 Tata $259,000709 Tata Open Sat Noon-2pmTurn key, charming 2 bedroom roomy cottage with … [Read more...]

California Distressed Home Sellers Not Liable for Federal, State Income Tax on Short Sales

Courtesy of www.car.orgC.A.R. announced today it received a letter from the California Franchise Tax Board (FTB), obtained by Board of Equalization (BOE) member George Runner, clarifying that California families who have lost their home in a short sale are not subject to state income tax liability on debt forgiveness "phantom income" they never received in a short sale.   Last month, in a letter to California Sen. Barbara Boxer, the Internal Revenue Service (IRS) recognized that the debt written … [Read more...]

Tahoe Ski Resorts Open: Click here for Snow Conditions!

Tahoe Ski Resorts Open: Click here for Snow Conditions! … [Read more...]