Tahoe’s Northstar Offers World-Class Skiing, Year-Round Fun

     

While many of Northern California’s top athletes routinely hit the powder at the Lake Tahoe community of Northstar, you don’t need an Olympic-sized talent to enjoy all that the resort offers during the winter months. Read our Northstar profile at http://bit.ly/1hza0HF

Pacific Union's January 2014 Real Estate Update

After bottoming out in December, inventory expanded in almost every one of our Bay Area markets in January, a welcome sign for hopeful buyers. Also, prices for single-family homes hit yearly peaks in our Silicon Valley, Sonoma Valley, and Tahoe/Truckee regions. Get an in-depth look at real estate activity throughout the Bay Area in Pacific Union’s January real estate update. Get all the facts at http://bit.ly/1iIyP5n

4th Quarter Market Report Reveals Stability in Sales Prices

To read the full report in electronic format, click HERE

TAHOE/TRUCKEE

December is a slow month for many real estate markets in Northern California, but in our Tahoe/Truckee region it means increased sales activity as visitors – many from the Bay Area – travel to snow country and start negotiations on a second home or condominium. Such activity helped the region close out a super-strong fourth quarter marked by rising sales, particularly in the Tahoe Donner community and areas close to Lake Tahoe.

Tahoe/Truckee is predominantly a second-home market, and properties priced under $600,000 were seen as great values and received multiple offers. Sellers generally received their asking prices, a marked improvement from a year ago. The supply of available homes, meanwhile, tightened considerably in the quarter.

Looking Forward: For all the interest in Tahoe/Truckee homes during the winter months, sales activity will sharply increase as the snow melts and late spring brings numerous new listings to the marketplace.