This summer, Taylor Creek will be replacing all Kokanee Salmon with Goldfish. The decision was made due to budget constraints. In 2013, researchers found a goldfish that came in at 1.5 feet long and 4.2 pounds. The fish’s ability to thrive in Lake Tahoe was one of the selling points for replacing the Kokanee Salmon. Read more about the Taylor Creek Goldfish initiative at tahoefund.org/goldfish. Happy (Belated) April 1st!
An influx of new residents moving to the area from the pandemic had the phone ringing off the hook this summer and fall at Lake Tahoe Wildlife Care and Bear League.
After reports of people threatening to gun down bears in a neighborhood, people shooting squirrels with BB guns and coyote with an arrow stuck in its side, local organizations are urging new residents to become educated about Tahoe’s wildlife especially as bears come out of hibernation.
Living in the basin means living alongside wildlife that are native to the area and as spring approaches, more bears will be coming out of their long hibernation in search of food…READ MORE HERE.
SOUTH LAKE TAHOE, Calif. — Vail Resorts on Wednesday announced it is slashing their season pass prices for next season.
The company said in a press release that it will slice prices by 20% across the board on all its options as a way to deliver on its commitment to honor the loyalty of their pass holders.
The price reduction applies to the Epic Pass, Epic Local Pass, Epic Day Pass and Tahoe Local and Value Pass and Military and Adaptive passes.
“The ski industry, our company and skiers and riders everywhere just navigated the most challenging season we have ever encountered,” said Rob Katz, chairman and chief executive officer of Vail Resorts, in a press release…READ MORE HERE.
Prospective homebuyers who offer all cash nearly quadruple their chances of winning a bidding war, making it the most effective strategy tracked by Redfin to win a home in a competitive situation.
That’s according to an analysis of data on thousands of offers written by Redfin agents on behalf of their homebuying clients from July 2020 to February 2021.
Finding ways to make a buyer’s offer more attractive is particularly important in today’s hot housing market. Nationwide, 56% of Redfin offers faced bidding wars in January, the ninth consecutive month in which more than half of home offers written by Redfin agents faced competition… READ MORE HERE.
Weekly South Shore Real Estate Stats
Active Median- $1,298,500.00 at $704.00 Sq ft.
Pending Median- $645,000.00 at $454.00 Sq ft.
Sold Median- $850,000.00 at $480.00 Sq ft.
Absorption rate is dropping down to .75 or roughly 22.5 day’s worth of inventory. The absorption rate is a mathematical way of describing a real-estate market in this case. In other words it will take 0.75% of a month to absorb the homes on the market based on the current sales tracking buyer activity.
This is trending towards an even stronger seller’s market. This as we’ve talked/written about, is based on the lack of sellers willing to move or sell their homes and investment properties. However, I believe that we will see this trend changing for good reasons.
Number one, the pandemic’s viral disease is being mitigated with vaccines, giving those that are ready to make changes a comfort zone and launching pad. Secondly, housing life cycles are coming into their next generation of use and lastly prices are ripe for a sell off and rates are attractive for a buyers on the buy side along with the fact that we are just simply ready for change that was spurred on by a pandemic migration.
Tahoe mountain style cabin, vintage 1976 , then built add-on in 1988 with 2 bedrooms, 2 baths, 1 car garage, plus a bonus room/office. Super charming and well maintained darling cabin up at Gardner Mountain where life is good. Fenced yard, private front and back yards and an oversized one car garage. The living room is light and bright, featuring a toasty woodstove corner with brick hearth. Eat in kitchen and corner window table seating will charm all guests. Covered entry/walk-way, South facing driveway, a great backyard, and super sized decking for the whole lot of toys!
Call Wally Johnson (530) 277-5687
2977 Oakland Ave.
Old Tahoe cabin on terrific corner lot. This one bedroom 1955 constructed cabin in highly sought after Al Tahoe neighborhood is ready for your creative juices, vision, and construction know-how. Owners are ready to pass this project along as a reconstruction site or major overhaul.
With a little love, this duplex has great income property potential. Centrally located and close to casinos, beaches, shopping, skiing and the only cinema in town. There is a spacious 3 bedroom 2 bathroom unit upstairs and a 2 bedroom 1 bathroom unit with a 1 car garage downstairs. Large driveway that can accommodate numerous cars. Don’t miss out on this unique opportunity! Property to be sold “as-is”.
Here is your chance to own a unique home in the county area of South Lake Tahoe. This 3 bed, 2 bath, 1582 square foot home has been updated thru the years with Tahoe keepsakes and individuality. Upgrades include: upgraded upstairs bathroom, upgraded kitchen, 40 year roof installed in 2008, upgraded electrical, newer water heater, furnace and siding, newer sheetrock and fully insulated walls. The mudroom has a new exterior door and etched windows that were salvaged from the old Stetson steak house in the Horizon. Located in Meyers you have the added bonus of being zoned for livestock so this backyard is not only a mecca for fun but it also has a large chicken coop and a beautiful, mature garden, large shed and yard hydrant. So much is bundled into this package that it all cannot be listed here. This property is also outside the city limits so it can be a short term rental if that is your desire. Call for more details.