New Offering at Northstar - 3060 Silver Strike- Offered at $435,000
August 23, 2010
One-of-a-kind remodel!! This 2 bedroom 2 bath unit has been completely renovated and shows as a totally new home. Living and dining areas have been turned into an expansive open kitchen with top of the line appliances and fixtures. Bedrooms, baths, and laundry room have all been remodeled and unit now includes a small office. This is a “must see” opportunity. Owners have put over $200K into the remodel. Great location away from the parking lot and ON the ski-back.
View All Northstar Condo Listings
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Tahoe/Truckee Real Estate Market Update for Monday, August 23
August 23, 2010
Over the weekend 23 new listings came onto the market comprising of 8 land listings, 1 condo, 1 shared ownership listing and 13 single family homes. Prices are ranging from $60,000 for a shared ownership listing in Old Greenwood to $3,950,000 for a 1 bedroom lake front home on the west shore of Lake Tahoe. There were 8 properties going into contract over the weekend as standard contracts, and 7 accepted contracts for short sales awaiting bank approval. All 8 new purchase contracts were for single family homes.
Of the 56 new listings in the past week, 6 are bank owned and 1 is a short sale. There were 13 short sale properties with accepted contracts awaiting bank approval in the past week and of 32 new escrows in the past week, 7were bank owned and 1 was an approved short sale. In the week’s closed escrows, 6 of the 30 sold properties were bank owned. Single family homes made up over half of the sales, with 22 of 30 closed escrows. There were 8 sales in the Lake Tahoe Basin, 22 in the Truckee area. Closed escrows ranged from $68,000 for a studio condo unit at Donner Lake Village, to $10,000,000 for a 7+ bedroom lake front estate on the north shore of Lake Tahoe. While selling prices have been averaging right about 94% to 95% of list price for the year, this past week’s average rose to 92%, up from last week’s low 90% average.
The market continues to be active right now with historically low mortgage rates and value pricing with most listings; Contact me today to discuss how you can take advantage of the current market.
View all area listings HERE.
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Tahoe/Truckee Weekend Events for August 20 - August 22
August 18, 2010
Come to the Tahoe/Truckee this weekend and enjoy a concert, a luau or maybe a hike or bike ride. Beautiful weather and less crowds with many kids starting back to school make it a great weekend to visit. While you’re at it, why not look into buying a mountain retreat to enjoy all year?
Here are some fun events this weekend to enjoy -
The 2nd Annual Pacific Fine Arts Festival will be held at The Boatworks Marina Green in Tahoe City Friday through Sunday.
Also in Tahoe City on Sunday, Vinyl will be playing the free concert at Common’s Beach starting at 4:00pm with a melding of funk, Latin jazz, dub and reggae.
Both Saturday and Sunday in Kings Beach the Ta-Hoe Nalu Stand-Up Paddleboard Festival will be happening with several races, fun events along with a Luau and concert starting at 5:00. The elite race will have $10,000 in prize money.
This is also the last weekend for The Lake Tahoe Shakespeare Festival at Sand Harbor. This is a must-do, fun event. Check it out this weekend or you’ll have to wait until next year.
Come on up and enjoy some of these great events. You can always check out my Calendar of Events to see what’s happening and for more details. If you would like to take a look at some properties for purchase, view all area listings HERE. Feel free to contact me while you’re in town if you’d like more info.
Have a great weekend!
Jamie Schou
Direct 530-798-1393
jschou@kw.com
New Offering at Tonopalo - Home 14C - Offered at $225,000
August 16, 2010
Own ON Lake Tahoe…just steps to the beach and other great Tonopalo amenities. With 3 large bedrooms and 3.5 baths this home has room for everyone. It is located on the ground floor with lake views and great beach access! 1/7th share guarantees 6 weeks of usage per year with unlimited use of space available time. Tonopalo amenities include pier, buoys, pool, spa, owner’s clubhouse, fitness facility and a 26 foot Formula speedboat!! View Virtual Tour
View all Tonopalo Listings
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Tahoe/Truckee Real Estate Market Update for Monday, August 16
August 16, 2010
Over the weekend we had 28 new listings come onto the market comprising of 2 land listings, 7 condos, 1 shared ownership listing and 18 single family homes. Prices are ranging from $94,900 for a bank-owned one bedroom condo in upper Kings Beach to $4,750,000 for a 3 bedroom lake front home on the west shore of Lake Tahoe. There were 13 properties going into contract over the weekend as standard contracts, and 5 accepted contracts for short sales awaiting bank approval. The 13 new purchase contracts were comprised of 11 single family homes, 1 lot and 1 condo.
Of the 72 new listings in the past week, 5 are bank owned, and 5 are short sales. There were 11 short sale properties with accepted contracts awaiting bank approval in the past week and of 34 new escrows in the past week, 8 were bank owned. In the week’s closed escrows, 5 of the 34 sold properties were bank owned. Single family homes made up half of the sales, with 17 of 34 closed escrows. There were 18 sales in the Lake Tahoe Basin, 14 in the Truckee area and 2 north of Truckee. Closed escrows ranged from $18,000 for a shared ownership in Old Greenwood, to $1,900,000 for a 4 bedroom lake front home on the west shore of Lake Tahoe. While selling prices have been averaging right about 94% to 95% of list price for the year, this past week the average dipped to 90% of list price.
The market continues to be active right now with historically low mortgage rates and value pricing with most listings; Contact me today to discuss how you can take advantage of the current market.
View all area listings HERE.
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Tahoe/Truckee Weekend Events for August 13 - August 15
August 11, 2010
Coming to the Tahoe/Truckee this weekend? Enjoy a concert and a brew, a hike or bike ride and maybe a round of golf. While you’re at it, why not look into buying a mountain retreat that you could enjoy all year?
Here are some fun events this weekend to enjoy -
Squaw Valley is hosting The Brews, Jazz and Funk Fest on Saturday and Sunday from 2 to 8 each day. With a great selection of beer for guests to sample and an incredible line-up of music both days the Brews, Jazz & Funk Fest is your chance to make great summer memories - all benefiting the Humane Society of Truckee-Tahoe. $5 entry fee - entry & beer sales benefit the HSTT.
Also in Squaw Valley on Sunday, PlumpJacks is hosting their 3rd Annual Pool Party from 12 to 5. Enjoy beats from local DJ’s, drink specials, and tasty treats pool-side at PlumpJack.
Check out the Free concert at Tahoe City’s Commons Beach on Sunday 4 to 7 featuring The Trey Stone Band, A behind the scenes pioneer of the 70’s Soul Funk explosion.
Come on up and enjoy some of these great events. You can always check out my Calendar of Events to see what’s happening and for more details. If you would like to take a look at some properties for purchase, view all area listings HERE. Feel free to contact me while you’re in town if you’d like more info.
Have a great weekend!
Jamie Schou
Direct 530-798-1393
jschou@kw.com
Tahoe/Truckee Real Estate Market Update for Monday, August 9
August 9, 2010
Over the weekend we had 26 new listings come onto the market comprising of 4 land listings, 5 condos and 17 single family homes. Prices are ranging from $165,000 for a Lot in Tahoe Donner to $2,390,000 for a 5 bedroom lake front home on Donner Lake. There were 9 properties going into contract over the weekend as standard contracts, and 9 accepted contracts for short sales awaiting bank approval. The 9 new purchase contracts were comprised of 7 single family homes, 1 lot and 1 shared ownership opportunity.
Of the 63 new listings in the past week, only 1 is bank owned, and 3 are short sales. There were 12 short sale properties with accepted contracts awaiting bank approval in the past week and of 31 new escrows in the past week, only 2 were bank owned. In the week’s closed escrows, 11 of the 26 sold properties were bank owned. Single family homes again made up the bulk of the sales, with 14 of 26 closed escrows. There were 9 sales in the Lake Tahoe Basin, 12 in the Truckee area, 1 on the summit and 4 north of Truckee. Closed escrows ranged from $39,500 for a bank owned lot in Grey’s Crossing, to $3,200,000 for a 4 bedroom home on the slopes at Squaw Valley. Selling prices continue to average right about 94% to 95% of list price.
The market continues to be active right now with historically low mortgage rates and value pricing on most listings; Contact me today to discuss how you can take advantage of the current market.
View all area listings HERE.
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Friday’s “Buy of The Week” - Bank Owned Tahoe City Duplex
August 6, 2010
This week’s featured property is a Bank owned duplex in Tahoe City walking distance to shops, restaurants, beach, etc. Although it could use a little work, it is a great opportunity to own income producing property in Tahoe City. The 2 units each have 2 bedrooms, 1 bathroom, 1 car garage, front porch and laundry room - making two great rental units. The bank wants to see all offers, so contact me today for all the details and to write an offer for you. View all Tahoe City Listings, or visit my website to search all area listings.
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
J.D. Power and Associates Reports: Keller Williams Ranks Highest in Customer Satisfaction among Home Buyers for a Third Consecutive Year
August 5, 2010
WESTLAKE VILLAGE, Calif., July 28 /PRNewswire/ — Reflective of the real estate buyers’ market conditions in many regions in the U.S., satisfaction with real estate companies among home buyers has improved from 2009, while satisfaction among home sellers has declined, according to the J.D. Power and Associates 2010 Home Buyer/Seller Study(SM) released today.
The study, now in its third year, measures customer satisfaction of home buyers and sellers with the largest national real estate companies. Overall satisfaction is determined by examining three factors for the home-buying experience: agent/salesperson; office; and variety of additional services. Four factors are examined for the home-selling experience: agent/salesperson; marketing; office; and variety of additional services.
Overall satisfaction among home buyers averages 803 on a 1,000-point scale in 2010-increasing by 12 points from 2009. This improvement is primarily driven by increased satisfaction with agents and salespersons. In contrast, overall satisfaction among home sellers has declined by 40 points from 2009 and averages 742 in 2010. Among home sellers, satisfaction has decreased in all four factors, with the largest declines observed in marketing of the home and the variety of additional services offered.
“Among both home buyers and home sellers, the importance of agents and salespersons has increased substantially in 2010, compared with 2009,” said Jim Howland, senior director of the real estate and construction practice at J.D. Power and Associates. “Buyers are increasingly relying upon negotiating skills of agents and seem to be satisfied with the purchase prices they are obtaining. Despite the fact that selling agents appear to be doing a good job of negotiating and marketing on behalf of home sellers, the tough economic conditions are negatively impacting their overall satisfaction with real estate companies.”
In the home-buyer segment, Keller Williams ranks highest for a third consecutive year, with a score of 817 on a 1,000-point scale. Keller Williams performs particularly well in the agent and office factors. Following in the rankings are Prudential (811) and Coldwell Banker (805). Prudential performs well in the additional services category.
Based on the J.D. Power and Associates survey, it sounds like you should definitely contact me when you decide to buy property in the Tahoe/Truckee area! View all area listings here.
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
Tahoe/Truckee Weekend Events for August 6 - August 8
August 4, 2010
Great weather, as always, and some fun events make for a wonderful weekend in the mountains. Come on up and enjoy a free concert or two, a hike or bike ride and maybe a round of golf. While you’re at it, why not look into buying a mountain retreat that you could enjoy all year?
Two events on Saturday are taking th spotlight this weekend -
First is the Martis Camp Home Tour benefiting the Tahoe Truckee Excellence in Education Foundation. Spend the day exploring six remarkable one-of-a-kind custom homes at Martis Camp and help raise money to benefit local schools during the Excellence in Education Home Tour. Excellence in Education has partnered with Martis Camp and the Tahoe Sierra Board of Realtors for this unique event that showcases a group of distinct homes. Discover many of the latest trends and creative ideas in luxury home building as envisioned by several of the region’s premiere architects, builders, designers and landscapers.
Second is the 30th Annual Squaw Valley Mountain Run / Hike. For the past 29 years, on the first Saturday of August, hundreds runners and hikers have made the annual pilgrimage to the top of Squaw Valley to enjoy a great workout with stunning views of Lake Tahoe and the High Sierra. Starting at the base of Squaw Valley USA (6200′) the course climbs the 3.6 mile mountain run to High Camp (8200′) where awards, raffle, music, light refreshments & beer are provided. Participants can choose to RUN or take a more leisurely pace and HIKE or Nordic walk (hike with poles). For the less energetic - let the cable car do the 2000 foot elevation gain & participate in the beautiful 3 mile FLOWER WALK on easy rolling terrain.
Come on up and enjoy some of these great events. You can always check out my Calendar of Events to see what’s happening and for more details. If you would like to take a look at some properties for purchase, view all area listings HERE. Feel free to contact me while you’re in town if you’d like more info on a property or to visit a few. Have a great weekend!
Jamie Schou
Direct - 530-798-1393
jschou@kw.com
