Tahoe Adams

10/25/2017

Freezing weather can be tough on your home, especially if you live around Lake Tahoe. Here are four tips to help you.

03/13/2017

Identify available down payment assistance programs in your target home search area with a few simple steps!

Visit finddownpayment.car.org to get started and search through over 400 down payment assistance programs available in California. Enter a specific property address, or the area in which you are looking to buy.

Looking to sell or buy a house in Lake Tahoe? Give me a call at 530.721.0243 or PM me on Facebook.

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03/09/2017

Don't forget to set your clocks ahead one hour when you go to bed on Saturday.

Think it's time to buy or sell a house in Lake Tahoe? Give me a call to get a custom market analysis of your home or to find out what is currently listed for sale in the area.

03/04/2017

I have had multiple friends and clients mention they have issues with Vacation Rental homes on their streets that have way to many parked cars. Some people are parking in other homes driveways, or blocking their mailboxes. The narrow streets this winter are making it hard for everyone, and having someone elses car parked in your driveway can really ruin your day.

So I want to remind everyone that the City does have rules regulating how many cars can be parked at a property if it is a Vacation Home Rental. VHR's are required by law to have a sign on the outside (usually above the garage or front door) that states how many parked cars are allowed. If there are more cars than what are allowed, or some of the cars are parking in places they shouldn't be, call the City of SLT VHR Enforcement department at (530) 542-6100.

Also, if you don't know if the home is a VHR, you can look it up by the home address at http://www.cityofslt.us/DocumentCenter/View/5987. If you believe the house is being used as a VHR, but it isn't on the City's list, call the Enforcement department and let them know that it may be operating illegally.

If you want to complain about VHR's, instead of just posting on Facebook about how they annoy you, why not complain to the right people so something actually gets taken care of.

http://www.cityofslt.us/DocumentCenter/View/5987

03/04/2017

March 2017 Market Update

The data is in, and February was a crazy month for real estate in South Lake Tahoe. Inventory remains very low, and sales continue to rise. Here are the specifics for single family homes...

Median sales price = $425,000 (back up to what it was Jan '05)
Total # for Sale = 94 (down from 114 in Jan, and fewest in over 15 years!)
Total Pending Sale = 40 (up from 38 in Jan)
Months Supply = 1.7 (down from 2.2 in Jan, and lowest in over 15 years!)
% Sales Price to List Price = 99.1% (up from 97.7% in Jan)
Average Days on Market = 91 days

What does it all mean?

FOR SELLERS: If you have been thinking of selling, now is a great time to do it! Some homes are getting multiple offers within days of being listed, and many are selling over what they were listed at. But don't think that means you can "over price" your property. Homes that were priced to high originally are sitting on the market longer than ones priced right, and on average they end up selling for less than what they would have if they had been priced right to begin with.

FOR BUYERS: Since inventory is very tight, don't put off a purchase just to wait and see what else might come on the market. With sales happening at 99.1% of what the property was listed for, if you are thinking of submitting a low offer, chances are it won't get accepted (especially if it just came on the market). Be prepared with a lender pre-qualification letter before looking at homes, since sellers are getting picky and requiring the pre-qualification letter be sent along with the purchase offer.

If you want to get a custom market analysis for your home in South Lake Tahoe, or if you are thinking of buying a home, feel free to contact me.

11/13/2016

Fell out of escrow! Recently remodeled large family home in Meyers. 2700 sqft of living space, 5 bedrooms, 3 full bathrooms, fully fenced back and side yards. Could be a great vacation home or primary residence. Located close to Tahoe Paradise Park, and with easy access to Hwy 50.

Click to view more details:
http://starmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Southtahoe&PRGNAME=MLSLogin&ARGUMENT=R6KaV1HJdT4gIvLovN9cv7LpJd1QlJLSujGGgG6RzCE%3D&KeyRid=1

10/17/2016

04/29/2016

Here is the recent market report for South Lake Tahoe.

The RPR Market Activity Report is a snapshot of local market conditions as well as an overview of active, pending, sold, expired and distressed properties that includes recent price changes and upcoming open houses.

04/09/2016

Medium sales price is up 5% over March of last year, the number of closed sales is climbing, 36% of listings are already in escrow... what does it all mean???

It's a good time to list your house for sale in South Lake Tahoe.

11/09/2015

South Tahoe Real Estate Market Update -

The median sales price for homes has stayed at $360,000 for the past 3 months. The number of homes for sale dropped from 270 in September to 217 in October. Only 43 new listings were put on the market in October, and there were 65 sales for the month. At this rate, over the winter the inventory of available homes for sale will drop down quite a bit.

If you want to look up all of the currently available homes for sale, and see detailed market analysis by neighborhood or house characteristic, check out my website: www.tahoeadams.com