South Lake Tahoe House Hunting… on Memorial Day Weekend

May 28th, 2010 categories: California Neighborhoods, For Buyers, For Sellers, Lake Tahoe Real Estate, South Lake Tahoe, CA, Stateline, NV, Tahoe Keys

House hunting in South Lake TahoeIs this the beginning of South Lake Tahoe Peak Real Estate Season?

The perception is that it is so, but the truth is we don't really see South Lake Tahoe at summer activity levels until mid to late June.

In the last 8 years that we have been tracking it, there is no real trend for real estate activity on Memorial Day weekend. Sometimes it's busy, and other times not.  It seems that the one thing that marks the beginning of our summer activity is the kids getting out of school.

This is interesting, however, since some of the characteristics of the second home resort buyer is they are usually in their 50's, empty nesters, and lack urgency to make a purchase. Another key characteristic is second home resort buyers are usually overqualified financially.

Both Gary and I are showing homes throughout this weekend. Naturally we like it when both of us have to show to different folks at the same time. That is the case with us this Memorial Day Weekend.

Gary is showing in the Tahoe Keys tomorrow. We've been showing in this desired, luxury neighborhood for some time now (here).

Folks are coming in from Great Britain, and I am showing them Nevada houses tomorrow up to $1.3M, and California houses over the next few days. The goal is to get them fully market acclimated, and comfortable, before they return to England. (Search Nevada listings here.)

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This entry was posted on Friday, May 28th, 2010 at 11:38 am and is filed under California Neighborhoods, For Buyers, For Sellers, Lake Tahoe Real Estate, South Lake Tahoe, CA, Stateline, NV, Tahoe Keys. 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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