Aided by early snow, buyers for Tahoe-Truckee real estate are realizing the value in time versus minimally perceptible price changes. Activity within the local market remained steady in November posting an identical number of residential closings to the prior month. While the overall volume of transactions is depressed compared to recent frenzied conditions, inventory continues to diminish bringing down supply loads and seemingly stabilizing pricing.
EpicMix Time displays forecasts of lift line wait times allowing you to spend more time skiing and riding. See what lifts will have the shortest wait times every hour of the day so you can plan your skiing and riding experience.
In stark contrast to prevailing assumptions, values for real estate in the Tahoe Truckee region rose in October. While the quantity of transactions has declined market wide, certain communities wherein supply remains constrained are seeing resolute pricing stability.
Well-qualified consumers are continuing to enjoy the value of their Tahoe homes and are in no rush to sell, and pricing is unlikely to be cut dramatically because there is no distress and sufficient equity is built into properties incentivizing patience.
Do you ever spend time in the wilderness and get absolutely blown away by the vastness of the beauty in our world? Last weekend I joined some of my best friends for a long run through the Inyo National Forest, John Muir Wilderness, Golden Trout Wilderness and Sequoia/Kings Canyon National Park.
With opening day slated for November 18th, a new high-speed 6-person chair will replace the existing mid-mountain 4-person chair and is designed to reduce wait times at one of the mountain’s most popular lifts.