We believe in community and compassionate giving. The Riedel Group makes a charitable donation to Young Life Adventures at the end of each sale in place of closing gifts. Each purchase, sale, or referral provides the funds needed to continue to support making homeownership a reality for a family in Baja. Right now, our partner, Young Life Adventures Baja, is beginning preparations Continue Reading
March 2022 Tahoe | Truckee Lifestyle & Newsletter
Waiting to purchase a home will cost you money. Here's why. Where will home prices be a year from now, and what about mortgage rates? For the Truckee and Tahoe markets, home prices are projected to appreciate nearly 8% this year. Mortgage rates are expected to rise from 3.1% to nearly 4% towards the end of the year. With both variables increasing, monthly mortgage payments will increase Continue Reading
Real Estate Market Reports, Q4 2021 North Lake Tahoe & Truckee
Below you will find Market Reports produced by Engel & Völkers for home sales in Truckee and North Lake Tahoe, CA. The Lake Tahoe report is broken down by North Shore, West Shore, Squaw Valley, and Alpine Meadows. Separately Incline Village is listed for the Nevada area of North Lake Tahoe. The Truckee Market Report is broken down by neighborhood. Our team is available to review these reports, Continue Reading
Mid February 2022 Tahoe | Truckee Lifestyle & Newsletter
Toward the end of January, we begin to see spring real estate trends emerging nationally. This is typically also the slowest month in Tahoe for the real estate market. What January tells us to expect for our spring season is the persistence of lean inventory and incredibly high demand. Many homeowners considering listing their primary or secondary home are waiting to see what the market Continue Reading
February 2022 Tahoe | Truckee Lifestyle & Newsletter
With another aggressive real estate market year behind us, we reflect on 2021 Truckee and North Lake Tahoe real estate. Prices were driven up 30% in 2021, compared to 2020 - even with reductions in sales volume - due to lack of available listings. Intense buyer demand contributed to the propelling of the median sales price in 2021 to $1,772,063 compared to the median sales price in 2020 of Continue Reading
Mid January 2022 Tahoe | Truckee Lifestyle & Newsletter
WINTER IN TAHOE With a break over holidays, an abundance of snow, and unexpected lengthy power outages, we've had a chance to reconnect with loved ones and spend intentional time together. Seemingly, the real estate market had paused during the same time, whether due to outages or the inability of potential buyers or sellers to get to the area to visit their homes. As the weather has settled Continue Reading
January 2022 Tahoe | Truckee Lifestyle & Newsletter
By choosing to work with The Riedel Group, you have provided the funds to make homeownership a reality for a deserving family in Baja California. With each home bought or sold by The Riedel Group, we support a non-profit called "Young Life Adventures Baja" to assist in the funding, planning, and construction of a brand new home for a family in need. We can’t think of a better way to Continue Reading
Mid December 2021 Tahoe | Truckee Lifestyle & Newsletter
END OF YEAR IN TAHOE As 2021 comes to a close, the main headline is the inarguable need for housing. With rapid population growth in our region, aggressive buyers, and incredible growth in the market, this is another unprecedented year for real estate in Tahoe and Truckee. In 2020, three Tahoe area towns saw population growth of approximately 50%: Truckee +48% Tahoe City +52% South Lake Continue Reading
December 2021 Tahoe | Truckee Lifestyle & Newsletter
Economists are releasing predictions for the 2022 housing market and expect a consistent model, similar to 2021 to follow for the upcoming year. While the market isn't expected to reach pre-pandemic levels, it is expected to level out with more inventory anticipated in the coming months, According to Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), "home Continue Reading
Mid November 2021 Tahoe | Truckee Lifestyle & Newsletter
FALL IN TAHOE The national housing market is above pre-pandemic conditions, but settling down when comparing August 2021 to August 2020 (sales fell 1.5%). Compared nationally to the first three quarters of 2019, home sales are still up 12%. While home prices continued to rise in Q3 of 2021, the pace of the rise waned. In 2020, home prices had risen 20-25% from 2019, whereas in Q3 of 2021, the Continue Reading
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