Two Friends Sittin’ Around Talking about South Lake Tahoe Real Estate

March 10th, 2010 categories: For Buyers, For Sellers, Foreclosures, Lake Tahoe Real Estate, South Lake Tahoe, CA, Stateline, NV

The Energizer Bunny is a Lake Tahoe phenom.Well, maybe they aren't as much friends as they are archetypes.

"What are you doing here?", the Energizer Bunny said excitedly to Doubting Thomas from across the room. "I was hoping nobody would recognize me", Doubting Thomas said dolefully.

"You of all people, I can't believe you're at an open house," replied the eager Bunny. "I musta got here by mistake," Thomas said shaking his head with as little enthusiasm as possible.

"Now Thomas, you're not thinking of buying this house are you?", the Bunny said through a mischievous grin. "Absolutely not", Thomas said resolutely while wishing he had never met such an obnoxiously effusive creature.

"Prices are down, opportunity is up", the Bunny said energetically. "You oughta put that on a t-shirt and sell it", Thomas said eyes darting, looking for the closest door to make his escape.

"Interest rates are fantastic", the Bunny continued without missing a beat. "You missed your calling, you shoulda been a used car salesman instead of a battrey schill", Doubting Thomas said less than half jokingly.

"The median sold price hasn't changed by more than $5,000 in the last 6 months", the Bunny drummed on. "Its going down by another 10 to 15%", Thomas allowed wishing he hadn't been baited into a real conversation.

"Says who?", the Bunny retorted with a stiffening spine. "Lots of people", Thomas allowed trying to remember one of them with credibility that mattered.

Sometimes a hole is not a good place to keep your head."That has little to do with a resort market", the Bunny affirmed.

"Predictions of more foreclosures are all over the internet", Thomas defended now realizing he had sunk into a real conversation abyss.

"Come on Tom, you know that most  foreclosures in South Lake Tahoe are smaller, market entry homes in iffy condition", the Bunny interjected, "that's not what you want!"

"That's true, I do want a nicer house", Thomas replied thinking the first real mistake he made today was getting out of bed.

"And besides that, South Lake Tahoe is made up of nonconforming neighborhoods",  the Energizer Bunny said rapid fire, "which means there is little effect if any of a foreclosure on a nearby house that isn't…"

"Did you get a real estate license while I wasn't looking?", Thomas interjected.

"And besides that, there are more short sales than foreclosures these days, and short sales on average sell for only $10,000 less than non-distressed homes…"

He's lost his mind, Thomas thought as the Bunny rattled on.

"And when the interest rates go up by one point, it'll cost you more than whatever you think you're going to save…"

Shaking his head in overwhelmed bewilderment Thomas wished that Energizer batteries had never been invented.

"So, what are you thinking about?", the Bunny concluded. "Huh?", Thomas uttered caught off guard at the sudden end of yet another Bunny monologue.

Smart is owning a house in a resort paradise."Are you more interested in being smart, or buying a house?", the Bunny asked interrogatingly.

For some reason Doubting Thomas was remembering the song lyric "we gotta get outta this place, if it's the last thing we ever do"…

"Living in Lake Tahoe is about lifestyle, it's not about trying to out smart a real estate condition", the Bunny said as if ordained (yet he knew what he said was true anyway).

Thomas inched toward an open door, suddenly remembering his was a right to breathe.

"So, trying to outsmart the market is actually keeping you from having a house in Lake Tahoe, which isn't very smart at all", the Bunny concluded while noticing that Thomas was almost out the front door.

"Where are you going?" the Bunny asked hurt that another diatribe opportunity was abating.

"To meet with my real estate agent", Thomas said sheepishly, "and buy the house I saw before this one!"

"Where is it?", beamed the Bunny.

"Not on your life", Thomas said completely relieved.

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This entry was posted on Wednesday, March 10th, 2010 at 8:37 am and is filed under For Buyers, For Sellers, Foreclosures, Lake Tahoe Real Estate, South Lake Tahoe, CA, Stateline, NV. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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