April 23, 2015 – Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) 2015 Spring Construction Forecast Webinar. “This should be a good year for housing, buoyed by sustained job growth, rising consumer confidence that is back to pre-recession levels and a gradual uptick in household formations,” said NAHB Chief Economist David Crowe. “We expect 2016 to be even better, due to a significant amount of pent-up demand and an economy that will be entering a period of reasonable strength and consistency.” Over the past seven years, Crowe estimates the slow recovery and uncertainty in the job and housing markets resulted in 7.4 million lost home sales. “While some of these sales will never take place, this does indicate how many sales were lost as fewer households decided to move. We expect at least some of these to return in the form of new home sales as job and economic growth continue to firm.” For more info, continue reading here.
A few quick notes on this sobering but accurate report that C.A.R. CEO Joel Singer gave to a attentive directors luncheon at mid year legislative meeting in Sacramento this past week- “Homeownership the evaporating dream”..bottom line..
Pricing in CA has out paced incomes (for most),
Risk ( of homeownership) outweighs reward for the emerging buying market of millennials and others,
New construction of affordable homes is lagging behind the demand , which in turn is driving up pricing, due to risk and costs.
Creating a storm of troubled waters following the recession..This (Storm) too will pass but clearly it is slowing the recovery and will take collaborative efforts by our Realtors on behalf of those who desire, can afford and for whom homeownership should be more than a dream. Thus a focus on keeping the flow of affordable loans and capital for both consumers and housing developers is critical. Supporting the vision of a sustainable community including homeownership and affordable quality rentals through the development of housing inventory affordable to the residents of CA is critical to sustainability of economy and to our quality of life. Read on for more info.
Best Places in Tahoe to Watch Amgen Tour of California’s Women’s Cycling Competition. Lake Tahoe’s natural geography of steep climbs and long descents against postcard views will offer plenty of sites to catch race action as the top women cyclists compete in Stage 1 and Stage 2 of the Amgen Tour of California Women’s Race Empowered with SRAM, May 8-9. With the start and finish line at Heavenly’s California Base Lodge, spectators will be updated with live race announcements, and entertained with high-energy music, local and Amgen Tour of California exhibitors, food and beverage. Race organizers are encouraging individuals to ride their own bikes/walk wherever possible to limit the number of vehicles on the road. Read on for more info.
This 2 bedroom, 1 bath rancher has an attached 2 car garage and good sized fenced yard. Newer carpet and interior paint. Located in a cute neighborhood across from Bijou Golf Course and within walking distance to the lake, Bijou Park and Lake Tahoe Community College. Was previously rented to long term tenants for $1300/month. Great investment property or primary residence. Come see it today. Easy to show.
Perfect Lake Tahoe getaway, starter home or simply called HOME! You’ll find life is good and that you can have it all from this well maintained and roomy and spacious 2 bdrm, 1 ba. 1040 sq ft rancher which has easy to maintain yards front and fenced and decked back , super sized one car garage with workbench and such. Fully furnished as seen . Super comfy home. Upgrades within the past 5-10 years include replaced windows , water heater, , dishwasher replaced 5 years , kitchen updates include dishwasher, micro wave, refrigerator,. Trek Decking replacement, Roof was replaced 10-15 years.
Cozy with Tahoe Style A-Frame, minutes to Heavenly with heavenly views, finds this mountain style 2 bedroom charmer. Get started here, lots of updates in this immaculate, affordable cabin with lots of finishing touches. Good neighborhood close to everything including Heavenly, Stateline & beaches, yet a nice rural feel to it and sits across from open lands. Upgrades include new or almost new roof, flooring, free standing gas fireplace, water heater, paint inside & out, step saver kitchen. Call this affordable charmer starter home or home away from home. Great area with lovely open spaces and a great opportunity.
Looking for that secluded cabin in the pines… look no further than Lake Tahoe’s Tahoe Paradise where you will find your self nestled in this charming 3 bdrm (large loft), 1 bath cabin set on this large wooded parcel. Enjoy all that Tahoe has to offer in the secluded 1300 sqft mountain chalet. Walks in the woods, hikes and biking trails a plenty, Tahoe Paradise park and lake just minutes away, beaches and skiing are a short drive away. Lots of upgrades, including gas fireplace, updated eat in kitchen with newer appliances, stack washer and dryer, slate and wood floors, knotty pine tongue and groove wood paneling and ceilings, newer vinyl windows, remodeled bath. Lots of decking for outdoor entertaining, fenced yard and tons of parking. Furnishings negotiable.
Your search stops here! Charming four bedroom home located steps to the meadow and out to the Upper Truckee River. Boat dock(C-16)in the Tahoe Keys Marina also comes with the property. The home has extensive remodeling, including new siding, 50 year roof, double pane windows, oak wood floor upstairs and fully remodeled kitchen. Kitchen offers Corian counter tops, apron sink, new free-standing double oven, newer dishwasher and refrigerator. Radiant base board heat throughout. The downstairs laundry room also has a radiant heated floor. The garage is sheet rocked and warm as the radiant heater sits in the corner.
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3599 Lake Tahoe Blvd.
South Lake Tahoe, CA 96150
1701 County Rd. #F1
Minden, NV 89423
DEB HOWARD & CO.
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