Despite the frenzied nature of today’s housing market, prompting conversations about buyer’s remorse, more than two-thirds of pandemic homebuyers have found happiness in their new home, according to a new Realtor.com® survey released today. Those surveyed say their new home better fits their family’s needs and wish they moved sooner.
Realtor.com® surveyed 1,000 homeowners who purchased a new home during the last 12 months between March 26 – April 7 via HarrisX. In the face of the last year’s obstacles, including a competitive housing market and limitations on open houses and showings, 71% of those surveyed feel buying was a good decision and 75% say their new home meets their needs…READ MORE HERE.
Home Prices Rise at Fastest Pace Since 2005- Here’s Where they Soared the Most
Home price gains continue to accelerate, reflecting the significant imbalance between the supply and demand for housing across the U.S.
“The market’s strength is broadly-based: all 20 cities rose, and all 20 gained more in the 12 months ended in March than they had gained in the 12 months ended in February,” Craig J. Lazzara, managing director and global head of index investment strategy at S&P DJI, said in the report… READ MORE HERE
The water level of Lake Tahoe is at 6,225.08 feet, the lowest that the lake has been since early 2017. The lack of snow and precipitation this year means that the basin is going to be dry, and the lake is going to remain low. Along with the increase in beach space comes the dangers of wildfires. Get prepared and stay in the know by visiting tahoelivingwithfire.com.
Weekly South Shore Real Estate Stats
Active Median- $859,000 at $556 per sq ft.
Pending Median- $650,000 at $530 per sq ft.
Sold Median- $748,750 at $503 per sq ft.
List to Sale Ratio is 103%
Absorption rate of 1.3 month of inventory; while this is some improvement, we’ll continue to keep an eye on the inventory increase that is predicted on the near horizon. This will allow for a slightly more balanced market and for a more diverse inventory to appeal to the buyer’s needs.
3415 Panorama Dr.
The real deal log cabin settled on a .23 acre fully fenced lot! Gorgeous views of Echo Summit and the natural splendor of Christmas Valley finds the true gem of a 2820 sq. foot home. Great floor plan for entertaining the whole family with 3 oversized bedrooms (it was originally designed for 4 bedrooms). Super-sized Living & Family Rooms, when you need a separate space to hang out in look no further. Galley style dining room off an eat in kitchen breakfast nook. Large, fenced backyard for everything you would like to have in your private yard. Enough room to park your RV and eliminate any extra fees of normal storage costs. Loads of decking both front and side plus covered walkway to shed & wood storage. New carpet has been installed May 28th. This wonderful property is 8 miles to the lake, 11 miles to Sierra and Heavenly Ski Resorts, 2 miles to the Getaway Café and a 2 block walk to the Truckee river!
Hosted By: Wally Johnson (530) 277-5687
721 Julie Lane
Tahoe mountain style cabin, vintage 1976, with 3 bedrooms, 2 baths, oversized 1 car garage, plus a bonus room/office! Super charming and well maintained darling cabin up at Gardner Mountain where life is good and away from the hustle and bustle of town! Still in a very good location- close to groceries, beaches, cafes and trails! This property comes with an amazing 6,534 square foot fenced and private yard with a storage shed to keep your tools and toys, as well as a large back deck- perfect for summer BBQ’s and get-togethers! The living room is light and bright, featuring a toasty woodstove corner with brick hearth. Also included is an eat-in kitchen and corner window table seating, which will charm all guests. Covered entry/walk-way, South facing driveway, a great backyard, and super sized decking for the whole lot of toys!
Hosted by: Deb Howard (530) 542-2493
1231 Heather Lake Rd.
Here is the perfect investment opportunity on a large street – to -street lot. Three units on one lot: rent all three or live in the single family unit and rent the duplex. The Blackwood home is a beautiful two bedroom one bath with an extra long 1 car garage. It boasts an open concept living/kitchen area with a wonderful front deck. The duplex on the Heather Lake side are updated 1 bed/1 bath units. Each unit is separately metered as well as large back yards and sunny front porches. Property is on a private community well.
As you drive up to this beautiful property backing to forest and next to Conservancy lots on both sides, you’ll immediately appreciate its well maintained, pride of ownership. The neighborhood and property are serene, yet close to downtown Meyers. Rebuilt in 2003, this stylish chalet features log railings and accents throughout. Come up the stairs from the garage onto the large deck and into the front door. Living room has a stunning gas fireplace and open to the kitchen with gas stove, butcher block and slab concrete counters, and dining area punctuated by a bay window for letting the abundant sunshine come in. 2 bedrooms and 1 bath located downstairs, while the large primary bedroom with deck to take in the views is upstairs along with bedroom #4. Open beam ceilings throughout. Make this stunning property your Tahoe dream today.