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July 2nd, 2020  

  

 
866.542.2912  
We know this year looks a lot different for everyone, but Deb Howard & Co is wishing you all the best this holiday! We hope you stay safe and sound while making some new memories. If you were hoping to be in Lake Tahoe this year and couldn’t make it, we hope we see you all when it is safe to to come out and play! 
 
STATELINE, Nev. – American Century Championship organizers are hoping fans that line Lake Tahoe beaches in boats to watch and interact with celebrities, will show the country how to “party smartly” amid the coronavirus.The boats and party scene along hole No. 17 has served as NBC’s iconic television shot portraying Tahoe before a national audience for 30 years during the celebrity golf tournament. With restrictions in place due to COVID-19 preventing the tournament from allowing spectators on the course, efforts by fans to catch a glimpse of their favorite celebrities from the water is expected to be even more heightened, officials said. Click here to read more. 
 
Pending home sales reached a 44.3 percent monthly increase in May-a new record, according to the National Association of REALTORS® (NAR). After two previous months of declines, pending home sales are showing a market rebound, with every major region recording a month-over-month increase. According to NAR, the Pending Home Sales Index (PHSI) increased to 99.6 in May-the highest MoM growth since NAR began the series in January 2001. Since the same time last year, pending home sales have fallen 5.1 percent. NAR expects existing home sales to reach 4.93 million units in 2020, with new home salespotentially hitting 690,000. In addition, in 2021, NAR expects sales to rise to 5.35 million units for existing homes and 800,000 for new homes. Finish reading here. 
 South Lake Tahoe Real Estate Market Stats
With a 2.3% absorption rate, Lake Tahoe real estate is an extreme seller’s market. Given the current state of the Covid world and while access to Tahoe for many is virtual, somewhat counter- intuitively, we are still enjoying an active real-estate market where solid values can be obtained by the buying and selling markets. Real estate listing Inventory is maintaining a slow but solid number of new listings coming to market while other inventory leaves the market in the form of sales (see absorption rate above) or expired listings. What we look for in these leading indicators is direction of the RE market for purposes of anticipating pricing and sales expectation. What we see currently is consistency (as opposed to volatility, such as the liquid equity investments markets). Please don’t hesitate to reach out to us and discuss the market place and how this might affect your plans for your real-estate at the moment we have green lights and blue skies but we’ll have to view it virtually! We can do that!!! To compare this report to last weeks, click here. To learn how to use the absorption rate, click here. 
The housing market continues to recover with pent-up demand surging at the national level and mortgage applications rising as buyers capitalize on record low rates. While the outlook for the real estate industry is looking more positive than before, the negative impact of the coronavirus pandemic on the economy will linger on for a while. There are encouraging signs that the economic downturn has reached the bottom. Even so, the resurgence in coronavirus infections in recent weeks suggest that the pandemic is far from over. U.S. pending home sales surged: The U.S. housing market mounted a record comeback in contract signing in May after two consecutive months of sales declines. NAR reported that the Pending Home Sales Index surged 44.3 percent in May, registering the biggest month-to-month increase since NAR started reporting the series in January 2001. On a year-over-year basis, the index dropped 5.1 percent. The index in the West region soared 56.2 percent from April but was down 2.5 percent from last May. Finish reading here.
Opens 

Open Houses D

 


Please call to setup your personal open house! Look below for the agent’s phone numbers who will be at the designated house you’re interested in! Call them for more information. 

2608 Palmira Ave, $595,900          
NEW LISTING!!
2608 Palmira Ave
Lake Tahoe’s best buy! You can have it all in this newer 2005, 4 bdrm 3 bath home. Spacious living smack in the middle of town where you can catch the trails to the beach, walk to midtown shops and restaurants from this 2200 approx. sq. ft 2 story mtn modern home. This well laid out floorplan hosts upstairs open great room; cozy living room with a warm & inviting fireplace with granite surrounds, well-appointed kitchen & Bay window dining area all that opens to the viewing treks decking. Upstairs you’ll also find hall bath & 2 bdrms including the spacious & private master bdrm. Nicely appointed with natural stone flooring, marble counters & spa tub. The downstairs floor hosts the 2 additional bedrooms. 1 full bath, laundry, supersized garage AND large fenced yard! This could be perfect for so many configurations; spacious for the large family or multi-generational buyer. Great for the work from home crowd with separate work, live & play spaces. You can have it all!! 
Call Bret Howard 530-318-5439

 
220 Terrace View Dr
A one of a kind must see pristine 1973 custom home with an attached 800 sqft 4 car garage. When you walk though the doors you are welcomed by a great room featuring large beam vaulted ceilings, floor to ceiling rock fireplace and wall to wall windows in the living room allows for amazing views of the lake- no art necessary! The main floor has a great room, master bed, 2nd bed and hall bath. There is a loft with 1 additional bed upstairs. Take the elevator down to the second floor and you have the exact same layout with a kitchenette, master and 2nd bed. This could be turned into a second unit if one desires. Keep this home in its mint condition 1973 design or customize to your hearts desire. 
Shannon Whitt
Call Shannon Witt 530-863-0548

       
2208 Marshall Tr
Beautiful custom Tahoe home situated on a sunny corner lot in Montgomery Estates. Located across the street from national forest, this 4 bedroom 2.5 bath home boasts 2,995 square feet of living. Thoughtfully laid out design allows for single level living with master bedroom, kitchen, dining, living and laundry room on the first floor. A spacious loft, full bath, and 2 additional rooms encompass the second story. Enjoy yourself outside in the spa while looking at the forest. This property has everything in place and is ready for its new buyers personal touches! 
Wally Johnson
Wally Johnson 530-277-5687

 
1337 Wildwood Ave
With views of Lake Tahoe and Heavenly Ski Resorts Gun Barrel run this immaculate 4 Bedroom plus bonus room, 4 Bath house offers living at its finest. Gourmet chefs kitchen includes a double oven, 5 burner gas cook top & granite counter tops. The living room has a slider out to the top deck with views of the lake that also shares a double sided see through fireplace with the living room. All the bathrooms have hand pounded copper sinks and exquisite natural stone work including onyx, travertine, granite and marble. The Master bath spares no expense with a hand pounded copper free standing bath tub, walk in shower and custom double vanity w/ copper sinks. This is truly one of a kind property.
Call Tambra Anderson 530-721-5588
Opens Featured Listings

1226 Dedi Ave. $389,900          
NEW LISTING!
1226 Dedi Ave
Wonderful Tahoe cabin located close to all the amenities Tahoe has to offer. The open, spacious layout offers you upstairs living with beautiful vaulted ceilings, free standing fireplace, open concept kitchen/living/dining room, full bath and bedroom plus a small loft. The bottom level has another bedroom, laundry/utility room and toilet. This cozy home offers newer floors and an upgraded kitchen and is being offered partially furnished. The one car garage is a bonus! Make this cabin your comfy escape from the hectic day to day life. 

NEW LISTING!!
940 Cave Rock Ave
Best of both worlds, Ol Tahoe historic neighborhood yet a unique newer 5 bdrm., 2 ba charming cabin. All this plus it’s the best of locations in Al Tahoe, near beach, bike trails, shops, lakeview commons and cafs. Original cabin built in the 1930’s but was completely rebuilt in 1990 saving much of the original knotty pine wains-coating. This spacious mtn. style home has been host to many extended family gatherings, vacation home and now a long term rental. Highly desirable multi family or large gathering 2432 sq. ft. spacious floorplan, includes oversized living spaces, bedrooms and outdoor spaces as well. Perfect for entertaining no matter the season. Supersized kitchen with all the amenities, river rock mantel hosts the gas fireplace in the great room, all done in knotty pine making this a warm, inviting room for all. Plus loads of parking and places to hang. Life is good at 940 Cave Rock where there’s room for everyone on this oversized quarter acre super sunny corner parcel. 

1323 Keller Rd. $1,190,000          
 
1323 Keller Rd
Surrounded by forest with peek-a-boo Lakeview’s, this one of a kind mountain masterpiece is a must see. Built in 2004, this home was finished with attention to the finest detail. Dramatic 22′ open beam ceilings, 60 wood-clad windows and skylights plus rustic maple flooring. The professional chefs kitchen includes built in appliances, granite slab counter tops and custom Alder cabinetry. The home offers not one but two master suites, 4 jetted tubs in all, a game room and hot tub situated in the trees. Located just down the street from the California Lodge at Heavenly on a 10600 sqft lot backing to USFS land. 
 

       
885 Rainbow Dr
Calling all buyers. Here is your chance to own a custom Tahoe home in South Lake Tahoe. This home is located in a quiet neighborhood close to all the bike trails, beaches, Camp Richardson, Fallen Leaf Lake, shopping and restaurants. The attention to detail has been found at this property. The main floor encompasses the great room with wood flooring thru out, hickory cabinets, natural wood bar and stainless steel appliances in the kitchen, large windows thru out to let all the natural light in, cobblestone fireplace with gas insert in the living room area and a large deck for entertaining and relaxing. The master bedroom boasts vaulted ceilings with a custom etched glass window, large walk in closets, master bath with Jacuzzi tub, heated natural stone floors and large enclosed shower. Downstairs you will find an additional family room with two large bedrooms, large bathroom with double sinks and the laundry room. The back yard is the perfect spot for the fur babies being fully fenced.
 

 
1331 Wildwood Ave
Heavenly Valley retreat! No detail was overlooked or dime spared in this beautiful remodel. Located just down the hill from Heavenly Ski Resort, this home offers beautiful filtered lake and mountain views. Sit on the wrap around deck and watch the sunset while warming by the double sided fireplace. Inside the home offers three bedrooms all with on suite bathrooms, large open concept kitchen/dining and living room and 2 car garage. Finish details include hardwood flooring through out, stainless steal appliances, granite counter tops, custom vanities, onyx and slate bathroom surrounds, designer window coverings and more. Unique to this house is AC and a sauna as well.

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