California’s five-year run of rising home prices is expected to last another three to five years, with median house prices on track to beat the record highs set during the housing bubble, a Realtor economist said Thursday, Oct. 12. The California Association of Realtors forecast home prices will increase an additional 4.2 percent in 2018, rising to $561,020. If the forecast proves accurate, that existing single-family home price will exceed the record high of $560,270 set in 2007. Prices, however, will remain well below pre-recession records when taking inflation into account. Single-family home sales also are projected to increase in the state next year, but at a much more modest pace, the Realtor forecast said. CAR projected 426,200 houses will change hands, up 1 percent from this year’s level. Click here to finish reading.
The fires ravaging Northern California’s wine country have left thousands in a similar plight, and from a real estate perspective, the disaster is happening in one of the worst-possible places. The area has already been squeezed by a severe housing crunch and escalating values — with rents in Santa Rosa rising the most of any big U.S. metropolitan area in the past five years — leaving few options for people to live while homes are being rebuilt. Santa Rosa, the Sonoma County seat, has seen property values soar amid strict building regulations and demand from people seeking refuge from million-dollar home prices in San Francisco, about an hour’s drive to the south. Rents have jumped 50 percent in the past five years, the fastest growth of the top 233 U.S. metropolitan areas, according to Zillow. The median home price was $599,000 as of August, a 77 percent increase from the same month in 2012, Zillow data show. There’s little available to lease, with the apartment occupancy rate in the Santa Rosa-Petaluma market at 96.5 percent in the third quarter, according to RealPage, which considers a 95 percent occupancy rate essentially full. Click here to finish reading.
Spectacular panoramic Lake Tahoe & Sierra Range views. Turn key furnished, currently used as a vacation rental. Enchanting .5 acre grounds backs to acres of forest, finds this impressive mountain lodge of quality custom craftsman design & detail. Heart of redwood & river rock exterior, hosts a split level 2,850 sq. ft home of 3 bedrooms 2.5 bath (master, hall & powder room), Upper floor great room (living, dining & chef’s kitchen) leading to deck taking in the air the angels breath! Master suite & all new bath, step down family room with wet bar & decking for entertaining or curl up with a book by the fire.
Live affordably in So Lake Tahoe. This 2/3 bdrm rancher will fit your plans. Whether it be your starter home or you’re simply sizing down” it’s yours to make your own. You can have it all in this private yet central location. Space saver floor plan yet roomy and comfy. Big fenced yard for everyone to play.
Highly sought after Gardnerville neighborhood Chambers Landing, Silveranch sub is home to this quality built 1997 almost 2,000 sq ft rancher with great light and bright open floor plan. Spacious rooms and grounds include the 3 bdrm (master suite), 2 full baths great room dining /living and eat in kitchen with breakfast nook built around the bay window., laundry room with sink, lots of counters and cabinets, and pantry area leading to the 3 car garage. Grounds are easy maintenance, with drip and auto sprinklers, Back yard for days, including fruit and flowering trees, covered veranda, patios with roll down screens for hot summer days. Lit walking paths lead out to the garden patch and two storage sheds. New 25 year comp roof, HVAC system.
This extremely busy vacation rental has hit the market. Newer construction 5 bedroom, 4 bath and almost 5000 sqft of living situated on .80 acres has it all. Being offered fully furnished with the highest quality appliances, audio and visual equipment, duel energy efficient furnaces and a location one could only dream of. Natural stone throughout brings the beauty of the surrounding mountains into this custom home. The large deck off the back offers a 7 person spa and a BBQ grill for enjoying the night time and watching the stars.
Lake Front,Lake Tahoe. Mountain Style Elegance at its best! Imagine waking up each morning and stepping out on to your deck or private beach front yard to the breath taking beauty of the lake.Take a tour through this magnificent,fully furnished 4400 plus sq.ft craftsman style 4/5 bdrm home. Step into the split level entry and be prepared to behold stunning Sierra, beach and lakeviews for days. Upstairs is the grandest of great rooms, chef’s kitchen bar none with all the bells and whistles, good times and entertaining for all.
Fall in love with this Echo Lakes, Lake Tahoe USFS lakeview logger mountain cabin in the woods. Newly reconstructed 2010 log cabin, studio/loft, bath, kitchen with the bells and whistles of a new, bigger custom home only tiny” under 300 sq ft. of custom top notch quality chalet. Steps to the PCT, Echo Lakes Chalet, Berkeley Camp and trails into Desolation Wilderness.(leasehold interest, possessory/recreation use.) Not for the faint of heart this recreational life style. You can breathe the air the angels breathe. Call for appointment or come to our Open House. DO NOT DISTURB occupants.
Need a vacation and you have large family, friends support group? There’s plenty of room here. Plus plenty of rental income to support your next get away in Tahoe. Check in on this and other properties we have listed for a wide range of incomes and support group size. This home is nothing less than spectacular!!Jaw dropping views come with this most impressive fully furnished (down to the linens, dishes, and flat screens) home.There are many custom re-builds, nearly 6.300 sq. ft. 6 plus bedrooms (3 en suites), 4.5 bath, Rec/exercise room, and mother in law/guest quarters.
The stunning Villa Tramonte is a rich Italian rustic-styled home with a separate fully equipped guest apartment, skillfully terraced into the mountain-side just above Heavenly Ski Resort. Only when you enter the Villa can you fully appreciate it’s multi-level Lake Tahoe panoramas and feeling of tranquility. It’s unique tiered architecture offers unprecedented levels of seclusion and affinity with one of the most beautiful lakes in the world. The location is bordered by preserved USFS land that provides surplus quiet and solitude.
A very special unit located in the Corte De Azur complex is now for sale. This is a 3 bedroom, 2 bath ground unit. Updated kitchen and bathrooms, newer flooring throughout, and vinyl double pane windows. Being sold fully furnished. Reasonable homeowners dues include hot water, snow removal, trash and exterior maintenance. Parking for 1 car in the complex with additional overflow across the street. Laundry room is a common area. Perfect for the second home or long term rental.
Near the Y and in walking and biking distance to restaurants, grocery stores, biking and hiking trails. Check TRPA IPES maps and PAS for further information. Buyer will need to complete site assessments and land capability verification. 1 acre parcel perfect for multi-family or residential in centrally located neighborhood.PAS#114- Special area 1-multi family includes IPES score of 969 w/30% allowable coverage per TRPA IPES search and scoring.