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  • New Lakeshore Realty Homes for Sale in Lake Tahoe, Incline Village Nevada

These are some of the newest listings at Lakeshore Realty on the North Lake Tahoe Real Estate Market.

458 Gonowabie Rd.

Bed: 4
Bath: 3.5
Year: 1981
Sq. Ft.: 2888

Price: $3,995,000

 

Listing Agent:
Peg Augustus 
Chris & Patti Plastiras

On a point in Crystal Bay with spectacular panoramic lakeview. 140'+ on lake with pier, boat hoist, 2 buoys. Extensive remodel. Vaulted ceilings, 2 fireplaces, gourmet kitchen, huge sunny deck. Luxurious master with fireplace & lakeview deck.

1002 Dorcey Dr.

Bed: 4
Bath: 3.5
Year: 1979
Sq. Ft.: 2478

Price: $785,000

 

Listing Agent:
Peg Augustus

Mountain retreat surrounded by state/FS land for utmost privacy. Backyard adjacent to hiking, back country skiing.Complete remodel, big kitchen w/granite counters, wood floor. Vaulted ceilings, stone fireplace, lrg deck, remodeled baths, loft.

335 Cottonwood Dr.

Bed: 2
Bath: 2
Year: 1965
Sq. Ft.: 1188

Price: $249,900

 

Listing Agent:
Nevada Metherd

Investment... or yours! Leased for income to 6/12. Lg deck&fenced yard. Garage! Total remodel about 1996. Deck off vaulted LR. Family-dining to deck.U- shaped kitchen, tiled counters & floor. Carpet. Est. condo fee&trans-fee. Close to everything!

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

  • Lake Tahoe, Incline Village real estate sales broken down by property type for the first half of 2011

This is the 2011 MLXChange report for real estate sales in Incline Village, Nevada for the first six months of 2011 and then compared to the sales that took place in the same period of 2010 and 2009. The report is broken down in 3 segments, Residential sales, Condominium sales and Townhome sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Foreclosures Slow as Banks Face Backlogs

by Lakeshore Realty
  • Foreclosures Slow as Banks Face Backlogs

 
Nationwide, new foreclosure cases and repossessions have dropped by a third since last fall as banks, as greater scrutiny over banks’ foreclosure procedures and more home owners fighting back in court has slowed the pace. Banks, already facing huge backlogs of foreclosures they’ve already repossessed, also may be reluctant to add on more to their inventory, experts say.

For example, In New York, experts estimate it would take lenders 62 years at their current pace to repossess the 213,000 houses now in severe default or foreclosure, according to LPS Applied Analytics, a real estate data firm. New York boasted the longest foreclosure backlog in the nation. Following behind, in New Jersey it would take 49 years, and in Florida, Massachusetts, and Illinois it would take 10 years to handle the supply of foreclosures at the current pace.

States where courts must review each foreclosure tend to have the longest delays. But in the 27 states without that requirement, foreclosures are much quicker. For example, as comparison, in California, the foreclosure backlog is three years, and in Nevada and Colorado, it's two years.

“If you were in foreclosure four years ago, you were biting your nails, asking yourself, ‘When is the sheriff going to show up and put me on the street?’” Herb Blecher, an LPS senior vice president, told The New York Times. “Now you’re probably not losing any sleep.”

However, the banks say they is no strategy in delaying foreclosures. “Any suggestion that we have a strategy to delay foreclosures is baseless,” a spokesman for Bank of America said. Instead, one bank blamed delays in state laws governing foreclosures while others said the decline in foreclosures is the product of an improving economy.

Source: “Backlog of Foreclosures Giving Some a Reprieve,” The New York Times (June 19, 2011)

  • Sold Properties by Lakeshore Realty Agents and  Sold Lakeshore Realty Listings

Below we have a list of properties that were sold or listed by Lakeshore Realty Real Estate Agents in the past 30 days.

250 Wassou Rd.

Bed: 3
Bath: 3.5
Year Built: 1981
Sq. Ft.: 2566

Days on Market: 557
Sold Date: 05/17/2011
Sold Price: $905,000

Selling Agent:
  Tim Lampe  

939 Incline Way

Bed: 2
Bath: 2
Year Built: 1990
Sq. Ft.: 1111

Days on Market: 127
Sold Date: 05/17/2011
Sold Price: $370,000

Selling Agent:
Peg Augustus
 

951 Tyner Way

Bed: 3
Bath: 2
Year Built: 1974
Sq. Ft.: 2143

Days on Market: 21
Sold Date: 05/24/2011
Sold Price: $400,000

Listing Agent:
Peg Augustus

875 Southwood Blvd.

Bed: 2
Bath: 2.5
Year Built: 1980
Sq. Ft.: 1504

Days on Market: 306
Sold Date: 05/25/2011
Sold Price: $357,000

Listing Agent:
Carole Madrid

321 Ski Way

Bed: 2
Bath: 1.5
Year Built: 1970
Sq. Ft.: 1152

Days on Market: 494
Sold Date: 06/09/2011
Sold Price: $215,000

Listing Agent:
Pam Fernandez

400 Fairview Blvd.

Bed: 2
Bath: 2
Year Built: 1991
Sq. Ft.: 1232

Days on Market: 229
Sold Date: 06/10/2011
Sold Price: $387,000

Listing Agent:
Pam Fernandez

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

  • New Lakeshore Realty Homes for Sale in Lake Tahoe, Incline Village Nevada

These are some of the newest listings at Lakeshore Realty on the North Lake Tahoe Real Estate Market.

 

866 Ophir Peak Rd.

Bed: 6
Bath: 4.5
Year: 1976
Sq. Ft.: 3629

Price: $2,575,000

  

Listing Agent:
Chris & Patti Plastiras

New home never been lived in!  Year built says 1979 because the owners left one wall standing, actual completion date was 2010.  If you need further information call listing agent.  Top of the line through-out.  A must see.

 

1100 Lakeshore Blvd.

Bed: 4
Bath: 4.5
Year: 2008
Sq. Ft.: 4740

Price: $3,500,000

  

Listing Agent:
Nevada Metherd

BUILT 08 seldom used EXQUISTE details by premiere LV builder. Sophistication &family relaxtion!Knotty alder cabs, drs, granite, limestone, outdoor kitchen & FP,Thermadore, Miele.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Lake Tahoe Incline Village Real Estate Listing Update

by Lakeshore Realty
  • New Listings In North Lake Tahoe
  • Properties under contract
  • Sold Properties

Bellow you will find a full MLXchange report for the North Lake Tahoe Real Estate Market.

New Homes for Sale
New Townhomes for Sale
New Condominiums for Sale

Homes Under Contract
Townhomes Under Contract
Condominiums Under Contract

Sold Homes
Sold Townhomes
Sold Condominiums

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

  • 2011 Sold Residential Homes, Condominums and Townhomes in the North Lake Tahoe  area Incline Village & Crystal Bay

2011 Residential Home Sales - break down by price range.

 

2011 Condominum Sales - break down by price range.

2011 Townhomes Sales - break down by price range.

Please note that there reports above reflect Lake Tahoe real estate data from 1/1/2011 until 6/1/2011

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

  • Home Ownership Still a Great Investment, Lake Tahoe Real Estate a great opportunity.

Seventy-five percent of Americans say that “owning a home is the best long-term investment they can make and is worth the risk of ups and downs in the housing market,” according to a new survey of 2,000 bipartisan voters by the National Association of Home Builders.

Despite their situation whether underwater on their home or even renters the survey found Americans to be optimistic about home ownership. Eighty-one percent of those who own their homes outright, 76 percent with mortgages, 67 percent of renters, and 65 percent who have underwater mortgages cited home ownership as the “best long-term investment.”

When survey respondents were asked whether they’d recommend buying a home to a friend or family member just starting out, 80 percent of Americans said “yes.” Even home owners currently underwater those who owe more on their mortgage than their home is currently worth overwhelmingly (78 percent) said they would recommend home ownership to family or friends starting out.

More buyers are coming up through the pipeline too. The survey found that 73 percent of those surveyed who do not own a home said their goal is eventually to buy one.

The NAHB survey also found:

58 percent of Americans oppose eliminating the mortgage-interest deduction and 63 percent oppose lowering it. What’s more, 57 percent of those surveyed say they are less likely to support a candidate for Congress who wanted to eliminate the mortgage-interest deduction.
Respondents were split on about requiring a 20 percent down payment to purchase a home: 49 percent were in favor and 49 percent opposed it. However, mortgage holders and renters aged 18 to 54 were more opposed to it: 58 percent of younger mortgage holders and 59 percent of younger renters opposed adding a 20 percent down payment requirement.

For nearly two months, mortgage rates have been steadily dropping, and this week rates reached another low for the year, Freddie Mac reports in its weekly mortgage market survey.

Here’s a closer look at average mortgage rates for the week:

30-year fixed-rate mortgage: The most popular financing choice among buyers, the 30-year fixed-rate mortgage continued to drop this week, averaging 4.55 percent. Last week it had hit a 2011 low at 4.60 percent. Last year at this time, the 30-year rate averaged 4.79 percent.
15-year fixed-rate mortgage: It averaged 3.74 percent this week, down from last week’s 3.78 percent. Last year at this time, 15-year rates averaged 4.20 percent.
5-year adjustable-rate mortgage: It held steady at 3.41 percent this week. A year ago, the 5-year ARM averaged 3.94 percent.

Lake Tahoe Incline Village Real Estate Newsletter

by Lakeshore Realty
  • Lake Tahoe Incline Village Real Estate Newsletter

Our second newsletter will be going out to Planned Unit developments /Townhomes and next Condominiums.

Please contact us for listing or selling information or visit our site and review up to date changes in your neighborhood.

North Lake Tahoe Real Estate Sales May 2011 Comparison

by Lakeshore Realty
  • North Lake Tahoe Real Estate Sales May 2011 Comparison

The North Lake Tahoe residential Real Estate Sales for the month of May 2011 shows stability on this market, the number of sales are similar to 2010, actually all data is almost identical to last year's data. In 2009 the price differential was very high because there were only 5 residential sales and one of there properties was sold at a price way above the asking price. 

  

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Property sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Displaying blog entries 1-10 of 11

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LakeshoreRealty.com
Lakeshore Realty
954 Lakeshore Blvd.
Incline Village NV 89451
775-831-7000
800-954-9554
Fax: 775-831-6777

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