South Lake Tahoe Top Ten Home Deals Updated
September 2, 2009
Updated South Lake Tahoe Top Ten home deals!
Prices started dropping and a lot of bank owned deals are coming out that we thought we should share the top ten early this week.
In addition to the Single Family homes featured on the list, one of our multi-units was just listed in a great location on over 3/4 acre lot!! Fourplex, right at the edge of town in the Tahoe Island neighborhood, a couple houses down from the bike trails at 12th Street that lead out to Camp Richardson, Pope & Kiva Beach. Listed at $287,000. Definitely needs some work but for the location & lot size it’s a great deal!
http://www.tahoehomedeals.com/top-10-deals/
Enjoy your Labor Day weekend,
Michelle, Heather & Colleen
Tahoe Visions Team
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2241 Wyoming, South Lake Tahoe, CA
July 14, 2009
Bank Owned Home in Great Neighborhood!
SOLD 9/18/2009 $247,000
Great location near the Tahoe Keys! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Ranch style home on cul-de-sac near meadow. Come spruce up this rancher that needs some TLC but that could be a great second home or primary residence for someone looking for a central in town location near the many amenities that Tahoe has to offer.
- Asking Price $253,800
- 3 Bedrooms
- 2 Bathrooms
- 1274 Square Feet
Additional Photos
Announcement: New Bank Owned on the Market!
May 11, 2009
New Bank Owned Home in MLS: 3735 Aspen Ave, South Lake Tahoe, CA 96150
Asking Price $148,500
This bank owned property just came onto the market. This is a must see! Yes the price is correct and it is not a typo!
This 3 bedroom is centrally located to beaches, shopping, restaurants, and Heavenly ski resort. This home is in need of some TLC but there is so much potential.
This great buy will not last long, so if you are interested come check it out and see what all the talk is about or contact the Tahoe Visions Team to learn about more great deals available.
click on this link to view property and details.
South Lake Tahoe Top Ten Home Deals
May 5, 2009
The South Lake Tahoe Top Ten Home Deals list has been updated again! Please click on the link to our Top Ten home deals to see the updated list of homes we feel are the top ten deals in the South Lake Tahoe MLS currently.
There are plenty of other homes available so if we are not featuring the type of homes that you are interested in, please let us know and we can send you a detailed list for your more specific needs.
Currently there is a slowdown in bank owned listings hitting the market, due to many of the banks having put a moratorium on foreclosures during the first quarter of the year. This affects the number of deals sitting on the market and the REO’s are going into pending very quickly. We should likely see an increase in REO inventory in the coming months to keep the prices competitively low for buyers so keep your eyes open!
South Lake Tahoe Market–Where is the bottom?
May 4, 2009
The question I hear over and over and over again: “Where do you think we are in terms of the bottom?”
While no one knows the answer to that question there are a lot of indicating factors to watch closely over the next 3-6 months…..nationwide trends are indicating the “potential” for a leveling off of the rapid market depreciation that we’ve seen.
But on the flip side, I haven’t seen a single one of those articles weigh on the fact that there was a 3 months moratorium on foreclosures from a lot of the big giants–Fannie Mae, Freddie Mac and JPMorganChase/Washington Mutual. If we recall, what caused the market decline in the first place is increasing foreclosures on the market driving the prices down in neighborhoods. Well here we are about to have a flood of foreclosures hit the market again.
So the big question in my eyes is: Has the government done enough to free up money for purchasers & consumer confidence risen enough so they continue buying (as the trend is increasing that pending sales went up in March) and will it be enough to balance the onslaught of new foreclosure listings about to hit the market in the coming months?
Stay tuned to find out but read these articles below…they both offer some great insight into the market trends and what to watch carefully for.
http://money.cnn.com/2009/05/04/real_estate/March_pending_home_sales/?postversion=2009050411
http://www.reuters.com/article/newsOne/idUSTRE53S3NK20090504
http://www.realtytrac.com/ContentManagement/RealtyTracLibrary.aspx?a=b&ItemID=6195&accnt=64953
