After looking at national real estate trends, we can clearly see that the market is improving. This may be due to a number of reasons such as; a drop in foreclosures, a national decline in unemployment, record low mortgage rates, a drop in inventory, and a rise in the price of rent. Locally we can see that the the median price of homes peaked in 2006 and was followed by record lows in mid 2012. Since we...Continue Reading!
McCall Realty recently welcomed Gary Ruppel to the team. Gary originally started his real estate career in 1978 in Vail, CO. After much Real Estate success in Vail, he relocated to St. Augustine, Florida where he sold homes at the prestigious Marsh Country Club. While hard to leave such a lucrative market, Gary felt that the mountains were calling. So 25 years ago, he found himself in Lake Tahoe and knew he had come “home”. His love for Lake Tahoe brings...Continue Reading!
McCall Realty recently welcomed Amanda Siebers to the company. Amanda is not only a long time local, being raised in South Lake Tahoe, but she has been in the Real Estate industry for 18 years. Growing up at the Lake, Amanda has always known the McCall name. She made the move to McCall as she felt it was not only a stable and well known company, but reputable as well. Amanda’s favorite part of Real Estate is assisting clients with...Continue Reading!
Click the link for the full article and video: http://www.cnbc.com/id/100400853 More than four years after the financial crisis that made him billions, hedge-fund manager John Paulson is bullish on the U.S. economy and housing in particular — a significant reversal for the man whose mortgage-market short was the subject of a book entitled "The Greatest Trade Ever." Speaking to an audience at Manhattan's 92nd Street Y Tuesday night, Paulson said the housing market had shown a "strong recovery" with prices up and the...Continue Reading!
A historic agreement between California and Nevada was made this week involving the long term plan contoured to shape the development at the lake. Read more here at http://www.tahoedailytribune.com/article/20121213/NEWS/121219935/1068&ParentProfile=1056.Continue Reading!
California just passed Proposition 30 in our November 2012 elections. (http://ballotpedia.org/wiki/index.php/California_Proposition_30,_Sales_and_Income_Tax_Increase_(2012)) This bill raised the maximum tax rate on California high income earners from 10.3% to 13.3% starting retroactively in 2012. The onus of keeping the school system funded was put on the top income producers by increasing their CA tax bite by nearly 30% annually. While some of the people who fall in this category might already be well aware of this increase, I bet most won’t feel the...Continue Reading!
Most areas of the real estate market are starting to improve and sales in the Tahoe Keys neighborhood is no exception. Demand has increased significantly, in fact Tahoe Keys sales volume in 2012 has increased 42% over the first eleven months of 2011. Whereas, the number of transactions has increased by 23%. The average home in the Tahoe Keys in 2012 has sold for $724,402 compared to $628,765 for the first eleven months of 2011. That’s an increase of over 15% in...Continue Reading!
Here are the latest new residential listings: 759 Boulder Ct 2321 Wagon Trail 1681 Hepka 2601 Bertha 2066 Slalom Ct Continue Reading!
New residential listings on the market this week are: 1346 Herbert Ave 2427 Cold Creek Trail 1246 Mt. Diablo Cir 271 Beach Dr 1267 Tata Lane 1173 Margaret Ave Click the link and if you need more info, feel free to contact us. We will gladly answer any questions you may have! Continue Reading!
This article, written by Christopher S. Rugaber, has some more positive news about the housing marke. http://www.tahoedailytribune.com/article/20121106/NEWS/121109944&parentprofile=search According to CoreLogic, home prices have jumped 5% in comparison to a year ago. Click the link for more information.Continue Reading!