listings

SOUTH LAKE TAHOE, Calif. - The Tahoe Home Connection (TaHoCo) is a community-based organization working to generate new rentals in South Lake Tahoe by working with second home owners. They have launched a new website to help local workers easily find housing on the South Shore.

It is estimated that 58 percent of homes in South Lake Tahoe are owned by second homeowners and 78 percent of these sit vacant for much of the year. Many of the second homeowners rent out their homes on both long-term and short-term basis, or leave for their own personal use.

SOUTH LAKE TAHOE, Calif. - After closing in May 2019 for much-needed repairs, the El Dorado County Employment Resource Center n South Lake Tahoe has reopened to the public.

Repairs completed include carpet replacement, minor mold remediation and painting.

The Employment Resource Center provides free job assistance services to El Dorado County residents who are looking for jobs or want to improve their job readiness skills. There is no income requirement to use the Center.

The Employment Resource Center provides the following services for members of the public at no charge:

Looking at the economic news is enough to give you pause with rising interest rates, stock market volatility and real estate experiencing declining sales numbers and the reduction of appreciation. Our market (Lake Tahoe) will see a small negative impact from interest rates as they affect affordability but the last item, equity growth, will impact our market the greatest. The public is staying in their homes for a longer period historically and supported through the increase in remodeling, appliance and flooring sales.

Unknowingly, visitors to South Lake Tahoe are renting legitimate vacation homes through illegitimate parties, leaving them without money or a place to stay when they arrive.

South Tahoe Now has been warning people for years about renting both short-term and long-term homes through Craigslist, the online classified ad forum.

The South Lake Tahoe Police Department is warning potential vacation home renters that scams continue on Craigslist.

Airbnb is an online marketplace for vacation rentals, apartment rentals, hostel and hotel stays that serves 65,000 cities in 191 countries with their over 3,000,000 lodging listings.

59 of those made over $200,000 last year for the owners and one of those is in South Lake Tahoe.

Formed in 2008 in San Francisco, the company has created a whole new type of traveler, ones who can experience a community as if they lived there, getting them out of hotels and into homes.

Sue Lowe of Chase International was recently in London to showcase the luxury Lake Tahoe real estate market, just a handful of agencies asked to take part in the show which attracts affluent buyers from throughout Europe, the Middle East and Asia.

Imagine getting a group of 19 of your closest friends together to rent a large and high end vacation home in South Lake Tahoe for a ski week over the holidays, just steps from Heavenly Mountain Resort. You've found the right place, and for $8,000 for the week, it's yours. The inside elevator will take you and all of your buddies up into three floors of bedrooms, a pool table, hot tub, chef's dream of a kitchen and several living rooms and fire places. You leave San Diego for the ten hour ride to Tahoe.

The U.S. Fish and Wildlife Service is considering the addition of eight new species to the Endangered Species Act (ESA) list, five of which concern California and Nevada.

They have found that there is substantial scientific or commercial information indicating that ESA protections may be warranted for the Mojave shoulderband snail, Clear Lake hitch, Relict dace, San Joaquin flower-loving fly, and Western pond turtle.

The public now has 60 days to read the findings and make comments if necessary.

Chase International recently recognized its top 2014 agents, with Alison Elder being named agent of the year for the Lake Tahoe area and Tina and Terri Ross honored as agents of the year in Reno.

Lake Tahoe’s top rookie was Mary Kleingartner with $4.2 million in volume sold. Brent Johnson was named top sales agent, with 42.75 units sold. Elder also claimed top listing agent in units, volume, and units and volume sold, as well as top sales agent. She helped broker more than $65 million in sales.

The real estate market in South Lake Tahoe continues to show strong numbers, no matter which set of figures you look at. What was especially high in October was the median price of homes sold.

Median Sales Price Continues to Rise

The median sales price of homes sold in South Lake Tahoe rose for the 14th straight month in September, 2013. Almost all other figures moved in a positive direction as well.

Median Sales Price Continues to Rise

We are still seeing a lot of action in the South Lake Tahoe real estate market! The July, 2013 figures were just released and they continue to show that interest in buying a home in Lake Tahoe is still growing. During the last year we saw home buyers flock to Lake Tahoe for a few reasons: low interest rates and an increased interest to buy something before they felt it was too late. When we saw more home listings enter the market this summer we saw the sales frenzy subside a bit.

Now is a great time to invest in Lake Tahoe, whether it's a vacation rental, long term rental, multi-units/apartments or retail buildings. With the continued low interest rates and property prices still considered low, now is the time to pull the trigger before it's too late. I advise my clients that waiting will not help their situation. The biggest challenge is the lack of homes for sale. The key to to watch for new listings as they get posted to the MLS system.

Lake Tahoe real estate had seen a steady down trend in home sales over the last few years, and the last 9 months has seen a steady upward climb. In February of 2013 buyers seemed to be on a buying frenzy and sellers were deciding not to sell and hold on for a higher sales price in the future. The big topic of conversation among Lake Tahoe Realtor's is the lack of homes for sale and how sellers are pulling their homes off of the market.

Closed Sales of South Lake Tahoe Homes

Sierra-at-Tahoe Resort team riders and South Lake Tahoe locals Jamie Anderson, Maddie Bowman, and Hannah Teter will invade Aspen, Colorado, January 24-28, 2013 for the 17th Winter X Games. All three Sierra Resort athletes have pre-qualified for X Games and will shoot to make it back-to-back podiums.

Well-known for its commitment to both freestyle terrain parks and maintaining one of Lake Tahoe’s best Superpipes, Sierra Resort is proud to be home to some of the best athletes in the world.

The South Lake Tahoe real estate market continues to see a lot of action. During the week of October 1-8, 13 homes entered the market while 6 left the market since they closed escrow.

Twenty homes closed escrow in South Lake Tahoe during the week of September 4-11, 2012. Homes are continuing to sell at a very rapid pace!