Friday, November 9, 2007

How do you fix a troubled housing market?

Forbes.com asked that question of a broad range of housing experts, including CEOs of real estate firms, real estate practitioners, economists from lending institutions, and research directors at analytics firms. Here are five of their best suggestions.

Tuesday, November 6, 2007

We need Snow

I remember a time, many years ago, when we would be powder skiing up at Heavenly by Thanksgiving. Powder in the morning, turkey in the afternoon. By the looks of it this year its going to be a football and turkey day, which isn't bad either.
What is bad, is the town is pretty mellow which means the housing market stays mellow to say the least. South Lake Tahoe inventory of active homes for sale is down to 427, its better than the 600+ homes for sale last month. 39 homes are in escrow now and 40 homes sold last month.

Friday, November 2, 2007

My Top Housing Picks

These are my picks for this weeks best deals in each price range ($100k) increments. All the properties are located in South Lake Tahoe. I'll have North Lake Tahoe next week. After 1.2 million I just picked the house i would want if i had a million dollars, well maybe a couple of million.

Wednesday, October 31, 2007

The FED Cut Interest Rates .25% Point

Fed Lowers Rate by a Quarter Point to 4.5 Percent And it seems like it might be awhile before they lower rates again. We'll see what happens with the housing market and how deep the loan problem extends into the economy.

Tuesday, October 30, 2007

Cut Interest Rates

Tomorrow is decision day for the FED to cut either .25 or .50% point. CNBC is less certain of any cut coming tomorrow. However, "Powerhouse' Mishkin May Provide Clues to Bernanke's Rate Plans" Either way any cut will hopefully stimulate some confidence back in the housing market.

Friday, October 26, 2007

October Is a Great Time to Visit

And its a great time of the year for locals. The town is fairly quiet, the leaves are changing, there's a chill in the air at night but the days are still comfortable. Its a great time to be mountain biking and hiking. I went the other day on the corral loop (sidewinder). Its about a 6 mile loop, my dog (Zeus) was good for about 5 of the 6 miles. The dirt was perfect, moist and compact. Going on another ride this weekend. Details monday.

Thursday, October 25, 2007

Market Analysis from 2001 to now

This is for Single Family Residences dating back to 2001 for South Lake Tahoe Real Estate

South Tahoe Associations of Realtors Market Analysis