Archive for May, 2007

Comparing recent national real estate news to Lake Tahoe – We’re Up and Down at the same time!

May 1st, 2007 categories: Lake Tahoe Real Estate

National News does not always indicate our local market conditions — Now is a Good Time to Buy.

Starting with an article entitled “Sales of Existing Homes Plunge 8.4% in March”, there has been widespread news this past week about the national housing market. We thought it would be helpful to compare the facts in the article to our South Lake Tahoe, CA and Stateline, NV real estate market.

National real estate trends and conditions are not necessarily consistent with those of second-home, resort markets. Sometimes forces are widely different, sometimes strikingly identical. Generally though, one will find both similarities and differences when comparing reports of national conditions to our Lake Tahoe real estate market. That is certainly true in the case of this article.

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Written by Richard Bolen | Discussion: Please leave a comment.

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