Wednesday, September 3, 2014

MLS Link to Incline & Crystal Bay New or Newer Listings

Incline and Crystal Bay are nearly built out.  There is one new condominium / townhouse project named Incline Creek.  There are very few vacant lots so an individual or developer most often has to tear down an existing home to build a new home.

Following is a link to the few residential new or newer MLS listed homes in Incline & Crystal Bay.  My search was for homes constructed, or pending to be constructed, since 2009.  It is a interesting group of properties because it displays the few speculative home building projects underway as well as some relatively new existing homes available to buyers.

Link: Incline & Crystal Bay new or newer home listings

New home listing 517 Spencer Way priced at $2,295,000.  If you have an interest in new or newer Incline listings, please contact me at Randy@RandyBull.com.

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Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Tuesday, August 19, 2014

Incline Foreclosure Activity as of 7/16 per First American Title

The latest (Foreclosure Activity) list for Incline/Crystal Bay is attached with the following changes to the previous list from 7/16/14.  Please call me if you have any questions about any of these properties.

Thank you for using First American Title for your title and escrow needs!!
SOLD (Removed from list)
333 Ski Way – Ski Way Ridge #288, APN 126-163-03, Rec. 8/15/14, National Fed’l Mortgage Assoc., 135 N. Los Robles Ave., Pasadena, CA 91101-1707 – Sold for $275,500
837 Southwood - Creekside West #4, APN 127-120-04, Rec. 7/29/14, Federal Home Loan Mortgage Corp, c/o Wells Fargo. N.A. , 3476 Stateview Blvd., Fort Mill, SC 29715 – Sold for $290,000
929 Southwood – Tahoe Sierra Pines #22, APN 127-500-03, Rec. 7/18/14, Wells Fargo, 1 Home Campus, Des Moines, IA 50328 – Sold for $270,000
887 Donna Dr., APN 124-071-29, Rec. 8/14/14 – Sold for $630,000
878 Southwood – Southwood Shadows #8, APN 132-420-08, Rec. 7/28/14 – Certificate of sale w/redemption clause – Sold for $161,800

NEW NOD:
725 Tyner, APN 125-132-08, TS#12-32377-WA-NV, NOD Rec. 7/28/14

NEW NOTICES OF SALES:
971 Tyner, APN 125-171-16, TS#11-33047-BA-NV, NOD Rec. 9/16/11  TRUSTEES SALE POSTPONED UNTIL WED 9/23/14 AT 11AM
382 2nd Tee, APN 131-233-10, TS#146911NV, NOD Rec. 4/25/11- TRUSTEES SALE SCHEDULED ON TUES. 9/10/14 AT 11AM


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Lucy Roman
Marketing Executive
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Incline Village Branch
940 Southwood Blvd., Suite 203, Incline Village NV  89451
Office: 775.831.2488 | Fax: 775.831.2050
Stateline Branch
276 Kingsbury Grade, Suite 2001, Stateline NV  89449
Office: 775.588.1944 | Fax: 866.221.8261
Cell: 775.223.9568 | E-mail: lroman@firstam.com

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Monday, August 11, 2014

10 Cities Beating National Housing Trends | Realtor.com (Covers the Reno market)

The health of the Reno, Nevada market area is indicative of the north Tahoe real estate market.  Following, Realtor.com reports that the Reno market is currently a national standout.


DAILY REAL ESTATE NEWS FROM REALTOR.COM  | THURSDAY, AUGUST 07, 2014

Ten metros are standing out for strong price appreciation, housing inventory increases, and a rise in home sales that are far outpacing the more moderate gains in the national housing market, according to realtor.com®'s National Housing Trend Report for June.

"National housing trends are masking some of the excitement we're seeing in individual markets," says Jonathan Smoke, realtor.com®'s new chief economist. "For the last two years, listing shortages constrained home sales and frustrated buyer demand. Our June data shows monthly inventory picking up in markets already experiencing price increases and fast property turnover. These dynamics will result in strong home sales and extend the buying season past the usual June/July peak to later in the third quarter."

More Good News
Reno, Nev., has seen the largest year-over-year increase in home prices — nearly 18.5 percent — while homes in Charlotte, N.C., are selling 14 days faster than a year ago, at a median of 64 days, according to realtor.com®'s report.


Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Friday, August 8, 2014

4 Ways to Get an Offer Accepted | Realtor Magazine

4 Ways to Get an Offer Accepted | Realtor Magazine:

Follow the link above to view the four items that make sense to a seller when buying.  In general they advise against adversarial negotiating and promote working together to complete a deal.

Reasonable terms that do not deviate from the norm will meet seller expectations and provide some comfort about how the process will move to closing.  Remember, the seller has a timeline scenario in mind.  There is usually more flexibility on the side of a buyer, in particular a second home buyer here in the village.





Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.




Tuesday, August 5, 2014

Housing Slowdown Could Be Good for Buyers | Realtor Magazine

Link to Realtor Magazine article:

Housing Slowdown Could Be Good for Buyers | Realtor Magazine:

The Incline market is somewhat mirroring the national market with inventory of late increasing toward a more normal level of around 322 listings.

Current escrowed properties in Incline and Crystal Bay, as of August 5th, are 62 in number.  That is a high number.  Usually escrowed properties roll between 40 and 55.  The Village is full and when there are people here real estate sales happen.  It's peak season.

Thank you for viewing the Lake Tahoe / Incline Village Real Estate Blog.  For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.


Thursday, July 17, 2014

Thunderbird @ Sierra Boat Company

Decline in Foreclosures Reaches 'Important Milestone' | Realtor Magazine

Follow this link to the complete story per Realtor Magazine.  The data is sourced from RealtyTrac, the market leading real estate foreclosure news tracker.

Decline in Foreclosures Reaches 'Important Milestone' | Realtor Magazine:

'Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog.  For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Lake Tahoe Home Sales Decrease, Median Price Increases | Reno Gazette Journal

Reno Gazette Journal reports data sourced from Chase real estate brokerage.  Follow this link to view the story.

The article blames slower sales on low inventory, however, since the data was accumulated inventory has been increasing here in Incline Village.  The number of listings has risen from approximately 220 at June 1, to 329 listings as of today, July 17.  The selection has improved for serious buyers.

Lake Tahoe home sales decrease, median price increases:






Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog.  For more info or discussion please contact me directly at Randy@RandyBull.com or 775-771-7338.

Wednesday, June 4, 2014

Almost Half of States Near Home Appreciation Peaks | Realtor Magazine

Almost Half of States Near Home Appreciation Peaks | Realtor Magazine:



"Twenty-three states as well as the District of Columbia also are at or within 10 percent of their home price appreciation peak, according to CoreLogic. 
The five states with the highest home appreciation (including distressed sales) in April year-over-year are: 
  • California: 15.6%
  • Nevada: 14.8%
  • Hawaii: 14.1%
  • Oregon: 11.8%
  • Michigan: 11.3%"
Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Thursday, May 8, 2014

Monday, May 5, 2014

Markets Poised for Biggest Price Gains | Realtor Magazine

The following article referencing an updated forecast for big real estate appreciation this year includes San Jose / Santa Clara and San Francisco in the top five.  If the Bay Area market is a leader in appreciation, the Incline market will in turn benefit, especially due to the tax haven aspect.  With no Nevada state income tax, lower property taxes and no estate tax, a residency in Incline becomes even more attractive.

Inventory is still historically very. With nearly no available land to construct new homes I expect that prices will continue trending up.


Markets Poised for Biggest Price Gains | Realtor Magazine:

Markets Poised for Biggest Price Gains

Veros Real Estate Solutions is softening its housing price forecast for this year to 3.4 percent appreciation for the 12-month period ending March 31, 2015 for the top 100 metro areas. Last quarter, Veros had forecasted a 5.1 percent for the following 12 months.
“The wave of appreciation may have crested, but it has been an impressive recovery in many respects,” says Eric Fox, Veros’ vice president of statistical and economic modeling. “The market is stabilizing and the overall outlook is very positive. However, we won’t see the rapid gains we have experienced in prior quarters. Those days appear to be behind us for the foreseeable future.”
Still, Veros sees five markets—mostly centered in California—seeing home price appreciation well above national averages. The five markets Veros is betting on for the highest home appreciation over the next 12 months are:
  1. San Jose-Sunnyvale-Santa Clara, Calif.: +9.7% forecasted price appreciation
  2. Los Angeles-Long Beach-Santa Ana, Calif.: +9.3%
  3. Midland, Texas: +9.3%
  4. Bismarck, N.D.: +9.1%
  5. San Francisco-Oakland-Fremont, Calif.: +8.8%
Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Monday, February 24, 2014

Kiplinger Predicts More Modest Housing Gains in 2014 | Realtor Magazine

Follow this link to read what Kiplinger is saying about the market rebound.  It doesn't necessarily describe the Incline market because of the super supply shortage, however is provides sound insight about the current price trend.

Kiplinger Predicts More Modest Housing Gains in 2014 | Realtor Magazine:


Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Tuesday, February 18, 2014

BANK OWNED - Tahoe Sierra Pines 4bd 4bth $324,000

Tahoe Sierra Pines complex.  Top floor condo with 4 bedrooms and 4 bathrooms,  1,468 square feet on one level.  Fireplace with rock surround.   Good rental unit, short-term or long-term.  Purchase this property for as little as 5% down per listing agent (this is not a Lakeshore Realty listing).  Source = Reno MLS.  Call for details.





Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Incline - January 2014 Real Estate Sales

Follow this link to view our most recent market snapshot.  It's a fast definition of what is happening with Incline Village / Crystal Bay real estate.

CHARTS: January-2014-Real-Estate-Sales-Comparison

Lower Diamond Peak Ski Area - Snowflake Lodge - Incline Village

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Saturday, November 9, 2013

Median prices of North Lake Tahoe take flight - The Sacramento Bee

Tahoe's high end home prices have resumed their upward price march per Bill Dietz, owner of Tahoe Luxury Properties, in a Sacramento Bee article.  Inventory around the North Shore is down, the selection is thin, and jumbo loan financing is readily available for qualified buyers.  Appreciating investment portfolios are providing buyer confidence.  Seller's market anyone?

Median prices of high-end homes around North Lake Tahoe take flight - Business - The Sacramento Bee



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Wednesday, November 6, 2013

Distressed Home Sales: Rising or Falling? It Depends on the Source - Developments - WSJ

Incline Village distressed home sales are back to what I would call a normal, pre - 2008 rate.  Data sources from around the country report differently depending on how they obtain their statistics.

Distressed Home Sales: Rising or Falling? It Depends on the Source - Developments - WSJ:



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Foreclosures Show No Sign of Decline - WSJ.com

Foreclosures Show No Sign of Decline - WSJ.com:

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Friday, September 27, 2013

Mortgage Rates Fall Steeply In Reaction To The Fed | Bankrate.com

Mortgage Rates Fall Steeply In Reaction To The Fed | Bankrate.com:

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Sunday, August 4, 2013

CoreLogic predicts home price appreciation will even out | 2013-08-01 | HousingWire

CoreLogic predicts home price appreciation will even out | 2013-08-01 | HousingWire:

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Sales of million-dollar homes at Tahoe skyrocket - Sacramento Business Journal

Sales of million-dollar homes at Tahoe skyrocket - Sacramento Business Journal:
The main house at Sierra Star Estate. Listed for $49 million, the property includes four homes on acreage fronting Lake Tahoe.

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Sunday, July 21, 2013

Astonishing Increase in Residential Incline Sales / Lakeshore Realty Real Estate Blog

Follow this link to the Lakeshore Realty Blog story, with great graphics, which describes the tremendous recovery in Incline Village real estate sales..

LINK:  Lake Tahoe, Incline Village & Crystal Bay Real Estate News - Lakeshore Realty North Lake Tahoe Incline Village Real Estate Blog:



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Friday, July 12, 2013

Realty Trac / Midyear 2013 U.S. Foreclosure Market Report

Read the Realty Trac article on their site...  Midyear 2013 U.S. Foreclosure Market Report:



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Wednesday, July 10, 2013

West Coast Real Estate Market: Prices and Inventory Rising

West Coast Real Estate Market: Prices and Inventory Rising:

Real Estate Inventory Change - Western US

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

U.S. foreclosures drop 27% over past year, CoreLogic says - Local Markets - Builder Magazine

U.S. foreclosures drop 27% over past year, CoreLogic says - Local Markets - Builder Magazine

Nevada is no longer in the top ten for foreclosure inventory currently on the market.



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Tuesday, July 9, 2013

Kennedy Wilson Announces The Ritz-Carlton Residences, Lake Tahoe are 30 Percent Sold After Four Months on Market - MarketWatch

Kennedy Wilson Announces The Ritz-Carlton Residences, Lake Tahoe are 30 Percent Sold After Four Months on Market - MarketWatch:

A condo sales project of 23 units contained within the Ritz-Carlton hotel building on the mountain at Northstar is selling well.  Buyers who want a direct winter ski in ski out connection and Ritz service are spending top dollar.

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Tuesday, July 2, 2013

Saturday, June 29, 2013

Mortgage Rates Take Biggest Weekly Leap in 26 Years | Realtor Magazine

Mortgage Rates Take Biggest Weekly Leap in 26 Years | Realtor Magazine:

The party is slowing down.  Rates have turned up in a material way and with velocity.

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Monday, June 17, 2013

Where Asking Prices Are Rising the Most | Realtor Magazine

Where Asking Prices Are Rising the Most | Realtor Magazine:

Reno and Sacramento make the list.  Follow the link to view the entire article.  I don't believe the research include small markets such as Incline Village, but you can read between the lines.

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Saturday, June 15, 2013

U.S. Vacation Home Rebound Lifts Hilton Head to Hawaii - Bloomberg

U.S. Vacation Home Rebound Lifts Hilton Head to Hawaii - Bloomberg:

Lake Tahoe


Lake Tahoe, about 190 miles (306 kilometers) northeast of San Francisco, was among the first resort areas to bounce back from the recession as the Bay Area’s technology industry fueled fortunes among young families.
At Martis Camp, a ski and golf resort northwest of Lake Tahoe, 73 properties sold this year through the first week of June, compared with 117 in all of last year, said Brian Hull, director of sales at the golf and ski resort. Typical buyers are technology or finance executives in their mid-40s who pay $900,000 per lot and spend $2.4 million to build, he said.
“We sold OK through the whole thing,” Mark Kehke, president of Martis Camp’s developer, DMB Pacific Ventures, said in a telephone interview. “Things were definitely better in ’11 and ’12 and we’re doing even better this year.”
In Hawaii, vacation-home demand has recovered as investors from the U.S. mainland and Asia return after a five-year slump, according to Kevin Miyama, president of the Honolulu Board of Realtors. Home prices in the state soared 17 percent in April from a year earlier, according to CoreLogic.

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.