Theresa Souers

Hi Brian,
I started to send you another email which may have gone to you prior to my completion. Anyway, try http://www.LakeTahoeGetaways.com and http://www.tahoevacationguide.com. Both offer good values and a variety of choices. Good luck and have a great time.
Theresa Souers
Pinnacle Real Estate Group, Lake Tahoe http://www.HomeInTahoe.com
877.768.3775 - Thu Feb 14 2008, 11:44

Currently 70% of all buyers in the South Lake Tahoe area are second home buyers. Many of these new homeowners will be looking toward vacation rental income as a means to subsidize the cost of their investment. The median home price for a three bedroom, two bath home with 1,400 SF is in the mid $400,000 range.
Another up and coming trend is the purchase of shares of ownership. These shares generally range from quarter to eigth shares. One can find these types of ownership through private home owners or through established resort companies.
How much rent one might pay for a vacation rental varies greatly depending upon the location, size of the property, amenities and location. For example, a three plus bedroom home with a game room and hot tub located close to the beach or ski resort will do quite well. Especially if the decor is that of a contemporary mountain home. We call it the "Tahoe-Feel."
We have been tracking the values of the various neighborhoods on a month-to-month basis and have been finding that the reduction in values appears to be slowing down and leveling at this time. These statistics are available to the public under a section referring to Neighborhoods. As of December 31, 2007, the median home price is approximately 8% lower than that of the same time one year earlier.
We have been tracking the values of each neighborhood - Sun Jan 13 2008, 19:48