With warnings of the national housing market weakening, Tahoe and Truckee real estate markets have remained strong and consistent. New listings are tripling from the quantity year to date at the end of the second quarter, and interest rates are still high but stabilizing. We are seeing a steady offer supply, with buyers ready to resume their Tahoe area home search. Amenity rich neighborhoods, Continue Reading

Thank You For Your Support A few months ago, you were introduced to the family in Baja, Mexico selected to receive the home funded by The Riedel Group, on behalf of our clients. Now, with volunteers on site, the family's dream of their own home in a safe neighborhood is nearly a reality.  The family has been able to stand on the site of their future home and help to build walls Continue Reading

  As we continue to speculate about the next few months and years of the Tahoe Truckee real estate market, we turn to indicators of a leveling market in the future. Paired with higher mortgage rates, high median home prices, inventory still below market demand, and luxury sales slowing year over year, professionals take this as an indication of a leveling out of the market. We are Continue Reading

Summer is just around the corner in the Tahoe region, and with it our local market saw an influx in new listings over this past Memorial Day weekend. During the holiday weekend, 66 new homes hit the market, with 13 of those homes pending sale in less than 6 days from listing. The homes that went into contract over the weekend were priced correctly for the current market. The sellers were realistic Continue Reading

We've seen an upswing of listings recently in our Tahoe market, and home values are remaining high. If you're looking to make a move or sell your home, it remains critical that you are in close communication with your real estate team and are ready to make a competitive offer as homes hit the market. Continue Reading

There are many predictions for what the real estate market holds for the remainder of 2022. Mortgage rates seem to continue to rise, though many expect them to remain about 4% (according to NAR Chief Economist, Lawrence Yun). With the raise in rates, we expect to see slightly less competition as the increase has pushed some would-be buyers out of the market. As rates continue to rise, buyers who Continue Reading

  Throughout the industry we are seeing a persistent buzz around the ongoing housing shortage. This is a shortage felt nationally, and felt deeply in the Tahoe region in particular.   For developers and construction, spring is the season to begin building new homes. While in theory, new builds help to raise inventory, and help to level out the availability of homes, this isn't the Continue Reading