We bought our first home in Incline Village 3 years ago in early October for $610, 000 the day after a $100,000 price reduction. Ask the real estate agent you are working with to set you up with an auto-notification for new properties that come onto the market meeting your price and other criteria, so you have the first opportunity to make an offer as soon as a listing comes onto the market, or in the case of a big price reduction. This is a great advantage to you if you are in the position to write an offer on short notice.
Winter = Less properties on the market, but possible motivated sellers ::
Summer = More properties on the market, but more potential competition from buyers ::
One of our users posted a few potential bargains in Lake Tahoe last week. You can find them at the link below. In my opinion, the ponderosa one appeared to be the best deal.
Prices are down and there is a lot of inventory to choose from and some very good opportunities. Most of the properties that have been for sale through the winter is because the seller needs to sell or is motivated. The snow is melting so you can see the topography of the property.
We are in a vacation community so there is a large number of 2nd home owners and most of them use their property in the winter for skiing. We do see a surge of homes go into contract in the later summer and early fall. But we also start to see things pick the month May & June.
Cell (530) 448-9830
call me for list of great homes for sale. There are over 60 homes for sale under $500,000 as of 1/22/08.
Carleen Long, Coldwell Banker- 530-448-1727