Coyote Moon Golf Course Announces Opening Special

Coyote Moon Golf Course 
Opening Day

May 13 -May 26
$65 Anytime

May 27 – June 16
$100 before 1pm /$75 after 1pm

* Coyote Moon 10 Play Golf Card *
Do you plan on making Coyote Moon Golf Course your HOME course for the summer? Purchase your Coyote Moon 10 Pack Golf Card for only $750. Call or drop by the golf shop for more details and to purchase your card for the 2016 Golf Season! Only a limited number will be sold!

Northstar Mountain Home on Cul-de-Sac

Northstar Mountain Home on Cul-de-Sac

Northstar Mountain Home on Cul-de-Sac

Perfect mountain home at Northstar Resort. A remodeled kitchen that flows into the living room, along with high vaulted ceilings, create a desired open living space. One master bedroom is currently being used as a game room with dual televisions for sporting events as an example. Large windows yield plenty of light when desired and dual decks allow for entertainment off the front and rear of the home. A quiet cul-de-sac gives the home a perfect location within Northstar.

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Asking: $1,150,000  MLS #: 20160949

To see this Northstar California real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Northstar California real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Tahoe Mountain Realty.

Homebuilders Say Major Uptick Coming

Steady job growth, low mortgage rates, and pent-up demand is prompting an increase in the demand for new single-family homes, and homebuilders say they’re ready to build them.

That said, builders say they’re being met with plenty of headwinds that could subdue some construction, such as a shortage of lots and labor and tight access to construction and development loans.

“Builders remain cautiously optimistic about market conditions,” says Robert Dietz, chief economist of the National Association of Home Builders, in a Spring Construction Forecast Webinar on Thursday. “2016 should be the first year since the Great Recession in which the growth rate for single-family production exceeds that of multifamily. And we see single-family growth accelerating in 2017 as the supply side chain mends and we can expand production.”

NAHB forecasters predict that single-family production will see a 14 percent uptick this year to 812,000 units, and then rise another 19 percent to 964,000 units in 2017.

Single-family starts will reach 64 percent of historically normal levels by the fourth quarter of this year and rise to 77 percent of normal by the end of 2017, NAHB reports. By the end of 2017, the top 20 percent of the largest states will reach at least 102 percent of normal single-family production levels, compared to the bottom 20 percent, which likely will still remain below 65 percent, NAHB reports.

“Consumer surveys suggest the ultimate goal of millennials is to purchase a single-family home in the suburbs,” says Dietz. “We see growth for single-family looking ahead. The recovery continues and is dictated by demand side conditions and supply side headwinds.”

Source: National Association of Home Builders

Coyote Moon Golf Course Announces 2016 Opening Special / Rates

Coyote Moon Golf Course
Opening Day

Friday, May 13, 2016
$65 Anytime
Opening day through May 26

May 27 – June 16
$100 before 1pm /$75 after 1pm

* Coyote Moon 10 Play Golf Card *
Do you plan on making Coyote Moon Golf Course your HOME course for the summer? Purchase your Coyote Moon 10 Pack Golf Card for only $750. Call or drop by the golf shop for more details and to purchase your card for the 2016 Golf Season! Only a limited number will be sold!

Are you coming up this summer with a group of 9 or more…call our tournament/group specialist, 530.550.0924, for preferred tee times and to see what special rates we have to help accommodate you and your group!

Call (530) 587-0886

Tahoe Donner Single Story Custom Home

Tahoe Donner Single Story Custom Home for Sale

.                                               Tahoe Donner Single Story Custom Home for Sale

Popular single story custom Mark Bovenzi home that has been upgraded. Kitchen includes stainless steel appliances, granite counter tops, tile floors, and new carpet. Bathrooms have been upgraded with granite countertops as well as many other upgrades. Open floor concept on a large corner lot in a very desirable location in Tahoe Donner. Close of escrow to be no earlier than July 15, 2016 to accommodate sellers 1031 Exchange.

Asking: $619,000  MLS #: 20161039

Call or email Scott Kennedy to see this and other Tahoe Donner homes for sale.

Click here for more information and photos of all Tahoe Donner real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Northstar Chalet – Complete Remodel

Northstar Chalet - Complete Remodel

.                                                         Northstar Chalet – Complete Remodel

Completely remodeled in 2013 & offering a lovely setting, this Northstar chalet offers a warm & welcoming environment. Charming ambiance awaits w/ thoughtful architectural elements & finishes. Wood floors, well designed chef’s kitchen & spacious dining area accent the great room w/ gorgeous gas fireplace. Two bedrooms on the main living floor + bath, spacious loft & large master w/ bath upstairs. Light filled, great windows & easy indoor-outdoor living w/ large deck, walk to the Golf Course! BIG garage!

Asking: $875,000  MLS #: 20160982

Call Scott Kennedy @ 530.448.3308 to see this Northstar chalet real estate home for sale.

Click here all Northstar California real estate homes for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

Northstar announces 2016 Golf Pass Rates

NEW for 2016: Up to 3 pass holder guests receive $10 off daily rate

Unlimited Season Pass (pricing guaranteed through 6/19) Price
Adult (18+) Public $1,049
Adult (18+) Homeowner $979
Junior (17 & under) – without cart $369
Early purchasers receive 1 complimentary guest round (expires 6/19), two 50% off guest vouchers, plus $10 off fees all season
Value Season Pass (pricing guaranteed through 6/19)
Price
Adult (18+) Public $769
Adult (18+) Homeowner $719
Junior (17 & under) – without cart $329
Includes green fees and shared cart. Unlimited play after 11:00 a.m. Sunday – Thursday and after 12:00 p.m. Friday + Saturday through the end of the season. Fall Shotguns. Not valid for play July 3 – 5. Non-transferable. Non-refundable.

 

Afternoon Season Pass (pricing guaranteed through 6/19)
Price
Adult (18+) Public $569
Adult (18+) Homeowner $539
Junior (17 & under) – without cart $249
Includes green fees and shared cart. Valid after 2:00 p.m. during Spring season and after 3:00 p.m. during Summer season and after 12:00 p.m. Fall season. Not valid for play July 3-5. Non-transferable. Non-refundable.

 

Afternoon Limited Season Pass (pricing guaranteed through 6/19)
Price
All Ages $379
Includes green fees and shared cart. Monday – Thursday play only. Valid Monday – Thursday after 2:00 p.m. during Spring season and after 3:00 p.m. during Summer season and after 12:00 p.m. Fall season. Non-transferable, non-refundable.

All season pass pricing subject to change.

Tahoe Donner Mountain Home for Sale

Tahoe Donner Mountain Home for Sale

–                                                        Tahoe Donner Mountain Home for Sale                                                          –

Stunning both inside and out! Big windows let you bring the outside in as you experience this 4 bedrooms, 3.5 baths home plus spacious loft. Boasting 3 decks for outdoor enjoyment, this immaculate home has a fantastic open floor plan with vaulted ceilings, gas fireplace with natural rock masonry, and a beautiful kitchen. Great for entertaining! Level driveway located on a private corner lot. Views of the surrounding trees and forests when you look out the windows. Impressive master suite and master bath

Asking: $899,500  MLS #: 20160965

Call or email Scott Kennedy to see this and other Tahoe Donner homes for sale.

Click here for more information and photos of all Tahoe Donner real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Northstar Announces 2016 Golf Season & Rates

Greens Fees

All adult greens fees include use of shared cart. For more information, please call the Pro Shop at 530.562.3290. All dates and rates subject to change depending on course conditions.

18-Hole Play

Summer (6/16 – 9/18)
Morning
(before 11:00am)
Mid-Day
(11:00am – 12:50pm)
Twilight
(after 1:00pm)
Late Twilight
(after 4:00pm)
Mon – Thurs $85 $75 $65 $50
Fri – Sun $90 $80 $70 $55
Fall (9/19 – Closing) Before 1:00pm 1:00pm – 3:00pm After 3:00pm
Mon – Thurs $75 $55 $40
Fri – Sun $80 $60 $45

9-Hole Play

9 Holes – Limited Tee Times – Tee Time Recommended.
Standby or reserve previous day only before AM times.

9-Hole
$50

Juniors (17 & under)

Junior rates are valid for ages 17 & under; must be accompanied by an adult. Junior evening rates after 5:00 p.m. on the Meadow Nine (holes 1 – 9) only. Golf cart driver must be at least 18 years of age.

Play Rate
18 Holes $49 (before 1 p.m.)
18 Holes $39 (after 1:00 p.m.)
9 Holes $20 (after 5:00 p.m.)

Carts, Clubs + Driving Range Rates

Golf Cart Rentals 18 Holes 9 Holes
18-holes (per seat) $25
9-holes (per seat) $15
Rider Fee (non-golfer) $25 $15
Golf Club Rentals
18 Holes
9 Holes
Premium Club Rental $49
Fleet Club Rental $39
Club Rental $29
Driving Range Rate
Small Bucket (30 range balls) $4
Buy 5 tokens, get one FREE! $20
Driving Range tokens can be purchased in the Pro Shop.

1st Quarter 2016 vs. 2015 Truckee / Lake Tahoe Statistics

Tahoe Donner Home Prices 2011 - 2016

Tahoe Donner Home Prices 2011 – 2016 based on 2500-3500 sq. ft. and built 2000-2010

 

Truckee / Lake Tahoe 1st qtr 2016 Real Estate Statistics

Truckee / Lake Tahoe 1st qtr. 2016 Real Estate Statistics compared to 1st qtr. 2015

SUMMARY

  • For the 1st quarter of 2016, 16% more homes were sold than the 1st quarter in 2015;
  • The median price for homes increased by 8.9%;
  • Overall, the median time homes were on the market was unchanged at 3-months;
  • A comparison of the similar homes sold in Tahoe Donner reveals the price per square foot rose approximately 8% in the 1st quarter of 2016 compared to 2015 (see graph).

Please call Scott Kennedy at (530) 448-3308, or email Scott@SierraTahoeRealty.com with any questions you may have.

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Schaffer’s Mill real estate for sale
 
 
 
 
NOTE: MLS data is believed accurate however not guaranteed – verification is recommended.

Pending Home Sales Move Forward in February

WASHINGTON (March 28, 2016) — Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors®. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity in February.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.5 percent to 109.1 in February from a downwardly revised 105.4 in January and is now 0.7 percent above February 2015 (108.3). Although the index has now increased year-over-year for 18 consecutive months, last month’s annual gain was the smallest.

Lawrence Yun, NAR chief economist, says pending sales made promising strides in February, rising to the highest index reading since last July (109.8). “After some volatility this winter, the latest data is encouraging in that a decent number of buyers signed contracts last month, lured by mortgage rates dipping to their lowest levels in nearly a year1 and a modest, seasonal uptick in inventory2,” he said. “Looking ahead, the key for sustained momentum and more sales than last spring is a continuous stream of new listings quickly replacing what’s being scooped up by a growing pool of buyers. Without adequate supply, sales will likely plateau.”

According to Yun, the one silver lining from last month’s noticeable slump in existing-home sales was that price appreciation lessened to 4.4 percent, which is still above wage growth but certainly more favorable than the 8.1 percent annual increase in January.

“Any further moderation in prices would be a welcome development this spring,” adds Yun. “Particularly in the West, where it appears a segment of would-be buyers are becoming wary of high asking prices and stiff competition.”

Existing-homes sales this year are forecast to be around 5.38 million, an increase of 2.4 percent from 2015. The national median existing-home price for all of this year is expected to increase between 4 and 5 percent. In 2015, existing-home sales increased 6.3 percent and prices rose 6.8 percent.

The PHSI in the Northeast declined 0.2 percent to 94.0 in February, but is still 12.6 percent above a year ago. In the Midwest the index shot up 11.4 percent to 112.6 in February, and is now 2.5 percent above February 2015.

Pending home sales in the South increased 2.1 percent to an index of 122.4 in February but are 0.4 percent lower than last February. The index in the West climbed 0.7 percent in February to 96.4, but is now 6.2 percent below a year ago.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

# # #

1 According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 3.66 percent in February — the lowest since April 2015 at 3.67 percent.

2 Total housing inventory at the end of February increased 3.3 percent to 1.88 million existing homes available for sale, but is still 1.1 percent lower than a year ago (1.90 million).

* The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing.

The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity parallels the level of closed existing-home sales in the following two months.

An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined. By coincidence, the volume of existing-home sales in 2001 fell within the range of 5.0 to 5.5 million, which is considered normal for the current U.S. population.

NOTE: NAR’s 2016 Vacation and Investment Homes report will be released April 6, Existing-Home Sales for March will be reported April 20, and the next Pending Home Sales Index will be April 27; release times are 10:00 a.m. ET.

Tahoe Donner Mountain Property for Sale

Tahoe Donner Mountain Property for Sale

Tahoe Donner Mountain Property for Sale

This home has it all! Beautifully maintained and situated on a level lot with 2 sides of greenbelt for extra privacy. The great room has a lodge feel with massive rock hearth, wood burning fireplace, log accents, vaulted wood ceilings & wood floors in kitchen and dining. Kitchen has granite slab counters, newer Viking appliances and new sink, faucet and backsplash. Spacious master suite is on main level and looks out to greenbelt. Downstairs are two large guest bedrooms plus family room/den/office.

Asking: $799,900  MLS #: 20160345

To see this Tahoe Donner real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Tahoe Donner real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner Mountain Home backing to Open Space National Forest

Tahoe Donner Mountain Home backing to Open Space National Forest

Tahoe Donner Mountain Home backing to Open Space National Forest

Mostly furnished home with additional rec room, bunk room and separate office backing to National Forest. Great room with hardwood floors & vaulted ceilings looking out at the forest. Kitchen features included granite counters, Viking range, Bosch Dishwasher, GE Monogram ovens & pantry. Master with hardwood floors and vaulted ceilings on main level. 4 other spacious bedrooms include a recently remodeled jr suite. Additionally there is a family room and bunk/flex room and separate office.

Asking: $1,025,000  MLS #: 20160310

To see this Tahoe Donner real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Tahoe Donner real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner Log Cabin in the Woods

Tahoe Donner Log Cabin

Asking: $585,000  MLS #: 20160292

To see this Tahoe Donner real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Tahoe Donner real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Technology vs Community

Technology vs Community300dpi

Why First-time Buyers Purchase Real Estate

Why Buyers Purchase Real Estate?

Why Buyers Purchase Real Estate?

2016 Real Estate Housing Forecast

2016 Real Estate Housing Forecast

 

WASHINGTON (January 12, 2016) — Following the housing market’s best year in nearly a decade, existing-home sales are forecasted to expand in 2016 at a more moderate pace as pent-up buyer demand combats affordability pressures and meager economic growth, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2016 housing market expectations.

In the NAR-published video, Yun discusses his expectations for the U.S. economy and housing market in 2016 and points to pent-up demand, sustained job growth and improving inventory conditions as his reasons for an expected gain (from 2015) in new and existing-home sales (view infographic).

Despite his forecasted increase in sales, Yun cites rising mortgage rates, home prices still outpacing wages and shaky global economic conditions as headwinds that will likely hold back a stronger pace of sales.

“This year the housing market may only squeak out 1 to 3 percent growth in sales because of slower economic expansion and rising mortgage rates,” Yun says in the video. “Furthermore, the continued rise in home prices will occur due to the fact that we will again encounter housing shortages in many markets because of the cumulative effect of homebuilders under producing for multiple years. Once the spring buying season begins, we’ll begin to feel that again.”

With one month of data remaining for 20151, Yun expects total existing-homes sales to finish the year up 6.5 percent from 2014 at a pace of around 5.26 million —the highest since 2006, but roughly 25 percent below the prior peak set in 2005 (7.08 million). The national median existing-home price for all of 2015 will be close to $221,200, up around 6 percent from 2014. In 2016, existing sales are expected to grow between 1 and 2 percent (5.30 to 5.40 million) and prices between 5 and 6 percent.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Renovation Realities

Renovation Realities

2015 vs 2014 Truckee / Lake Tahoe Statistical Report

Tahoe Donner Real Estate Statistics

Tahoe Donner Real Estate Statistics

Truckee / Lake Tahoe Real Estate Statistics - 2015 vs. 2014

SUMMARY
  • For 2015, 7% more homes were sold than in 2014 – however, ski resort sales (Alpine Meadows, Northstar & Squaw Valley) were 30-50% fewer due to less snow;
  • While the median price for homes decreased by $10,000 or 2%, it is a misleading statistic;
  • A comparison of the similar homes sold in Tahoe Donner reveals the price per square foot rose approximately 5% in 2015 compared to 2014 (see graph).
  • Condo sales in Tahoe Donner provide the best indicator of overall change in valuation, as neighborhood statistics in other areas can be skewed by higher or lower price-points – an example being the Westshore which is skewed greatly by $2-$3 million condos in Fleur du Lac.
Feel free to call or email Scott Kennedy with any questions you may have.
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NOTE: Tahoe Donner $ / sq. ft. data based on subset of homes 2500-3500 sq. ft. built between 2000-2010.  MLS data is believed accurate however not guaranteed – verification is recommended.

NEVADA COUNTY MARKET UPDATE

Nevada County Real Estate Statistics - December 2015

Nevada County Real Estate Statistics – December 2015

Placer County Market Update

Placer County Real Estate Statistics - December 2015

Real Estate Terms & Terminology

7/23 and 5/25 Mortgages: Mortgages with a one-time rate adjustment after seven years and five years, respectively.

3/1, 5/1, 7/1 and 10/1 ARMs: Adjustable-rate mortgages in which the rate is fixed for three-year, five-year, seven-year and 10-year periods, respectively, but may adjust annually after that.
A
Acceleration: The right of the mortgagee (lender) to demand the immediate repayment of the mortgage loan balance upon the default of the mortgager (borrower), or by using the right vested in the due-on-sale clause.
Adjustable-Rate Mortgage (ARM): A loan on which the monthly payments will increase or decrease over time, based on changes in the ARM?s interest rate index. ARM payments typically are adjusted every six months or once a year. Common indices to which ARMs are tied include the 11th District Cost of Funds, one-year T-note and six-month T-bill.
Adjusted Basis: The cost of a property plus the value of any capital expenditure for improvements to the property minus any depreciation taken.
Adjustment Date: The date that the interest rate changes on an adjustable-rate mortgage.
Adjustment Interval: The interval between changes on an adjustable-rate mortgage in the interest rate and/or monthly payment; typically one, three or five years depending on the index.
Adjustment Period: The period elapsing between adjustment dates for an adjustable-rate mortgage.
Affordability Analysis: An analysis of a buyer?s ability to afford the purchase of a home. Reviews income, liabilities and available funds. Considers the type of mortgage you plan to use, the area where you want to purchase a home and the probable closing costs.
Amortization: The gradual repayment of a mortgage through monthly (e.g. installment) payments. In the early years of a mortgage, most of the monthly payment goes toward interest. Later in the mortgage, more of the payment goes toward reducing the loan?s principal balance.
Amortization Term: The length of time required to amortize the mortgage loan expressed as a number of months. For example, 360 months is the amortization term for a 30-year fixed-rate mortgage.
Annual Percentage Rate (APR): The annual cost of a mortgage, including interest, loan fees and other costs, stated as a percentage of the loan amount.
Appraisal/Appraised Value: An opinion of the market value of a home expressed by a real estate appraiser.
Arbitration: The term used to describe a form of dispute resolution that occurs outside of the court system, usually by private agreement between parties. Basically, arbitration is a dispute resolution system where the parties submit arguments and evidence to a neutral person, known as the arbitrator, who then renders a decision, called an award, based upon the evidence and arguments presented.
Assessment: A local tax levied against a property for a specific community purpose, such as a sewer or streetlights.
Assignment: The transfer of a contractual interest or obligation from one person to another such as, but not limited to, a transfer of a mortgage obligation. Assignment is a legal term used to transfer interest from one contract to another.
Assumable Mortgage: An assumable mortgage can be transferred from the seller to the new buyer. Generally requires a credit review of the new borrower and lenders may charge a fee for the assumption. If a mortgage contains a due-on-sale clause, a new buyer may not assume the mortgage.
Assumption: The agreement between buyer and seller where the buyer takes over the payments on an existing mortgage from the seller. Assuming a loan can usually save the buyer money by acquiring an existing mortgage debt, instead of obtaining a new mortgage where closing costs and market-rate interest charges will apply.
Assumption Fee: The fee paid to a lender (usually by the purchaser of real property) when an assumption takes place.
B
Balloon Mortgage: A loan that is amortized for a longer period than the term of the loan. Usually this refers to a 30-year amortization and a five-year term. At the end of the term of the loan, the remaining outstanding principal on the loan is due.
Balloon Payment: The final lump sum paid at the maturity date of a balloon mortgage.
Biweekly Payment Mortgage: A plan to make mortgage payments every two weeks (instead of the standard monthly payment schedule). The 26 (or 27) biweekly payments are each equal to one-half of the monthly payment required if the loan were a standard 30-year fixed-rate mortgage. The result for the borrower is a substantial saving in interest.
Blanket Mortgage: A mortgage covering at least two pieces of real estate as security for the same mortgage.
Borrower (Mortgager): One who applies for and receives a loan in the form of a mortgage with the intention of repaying the loan in full.
Bridge Loan: A second trust for which the borrower?s present home is collateral, allowing the proceeds to be used to close on a new house before the present home is sold. Also known as a “swing loan.”
Broker: An individual who assists with arranging funding or negotiating contracts for a client but who does not loan the money himself or herself. Brokers usually charge a fee or receive a commission for their services.
Buy-down: When the lender and/or the homebuilder subsidize a mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires.

C
Caps: Provisions of an adjustable-rate mortgage limiting how much the interest rate can change at each adjustment period (e.g., every six months, once a year) or over the life of the loan (rate cap). A payment cap limits how much the payment due on the loan can increase or decrease.

Cash Flow: The amount of cash derived over a certain period of time from an income-producing property. The cash flow should be large enough to pay the expenses of the income-producing property (mortgage payment, maintenance, utilities, etc.).
Certificate of Eligibility: The document given to qualified veterans entitling them to VA-guaranteed loans for homes, businesses and mobile homes. Certificates of eligibility may be obtained by sending form DD-214 (Separation Paper) to the local Veterans Affairs office with VA form 1880 (request for Certificate of Eligibility).
Certificate of Reasonable Value (CRV): An appraisal issued by Veterans Affairs showing the property?s current market value.
Certificate of Veteran Status: The document given to veterans or reservists who have served 90 days of continuous active duty (including training time). It may be obtained by sending DD 214 to the local Veterans Affairs office with form 26-8261a (request for certificate of veteran status; this document enables veterans to obtain lower downpayments on certain FHA-insured loans).
Change Frequency: The frequency (in months) of payment and/or interest rate changes on an adjustable-rate mortgage.
Closing: The meeting at which a home sale is finalized. The buyer signs the mortgage, pays closing costs and receives title to the home. The seller pays closing costs and receives the net proceeds from the home sale.
Closing Costs: Expenses in addition to the price of the home incurred by buyers and sellers when a home is sold. Common closing costs include escrow fees, title insurance fees, document recording fees and real estate commissions.
COFI: An adjustable-rate mortgage with a rate that adjusts based on a cost-of-funds index, often the 11th District Cost of Funds.
Construction Loan: A short-term interim loan to pay for the construction of buildings or homes. These are usually designed to provide periodic disbursements to the builder as he or she progresses.
Consumer Reporting Agency (or Bureau): An organization that handles the preparation of reports used by lenders to determine a potential borrower?s credit history. The agency gets data for these reports from a credit repository and other sources.
Contingency: A condition that must be fulfilled before a contract is binding.
Contract Sale or Deed: A contract between purchaser and seller of real estate to convey title after certain conditions have been met. It is a form of installment sale.
Conventional Mortgage: A loan not guaranteed, insured or made by the federal or state government.
Conversion Clause: A provision in an adjustable-rate mortgage allowing the loan to be converted to a fixed-rate mortgage at some point during the term. Usually conversion is allowed at the end of the first adjustment period. The conversion feature may cost extra.
Counteroffer: An offer in response to an original offer.
Credit Report: A report documenting the credit history and current status of a borrower?s credit standing.
Credit Risk Score: A credit risk score is a statistical summary of the information contained in a consumer?s credit report. The most well-known type of credit risk score is the Fair, Isaac or FICO score. This form of credit scoring is a mathematical summary calculation that assigns numerical values to various pieces of information in the credit report. The overall credit risk score is highly relative in the credit underwriting process for a mortgage loan.
D
Default: Failure to meet legal obligations in a contract, specifically, failure to make the monthly payments on a mortgage.
Deferred Interest: When a mortgage is written with a monthly payment that is less than required to satisfy the note rate, the unpaid interest is deferred by adding it to the loan balance.
Delinquency: Failure to make payments on time. This can lead to foreclosure.
Department of Veterans Affairs (VA): An independent agency of the federal government that guarantees long-term, low- or no-downpayment mortgages to eligible veterans.
Debt-To-Income (DTI) Ratio:The ratio of monthly debt payments to monthly gross income. Lenders use a housing DTI ratio (house payment divided by monthly income) and a total DTI ratio (total debt payments including the house payment divided by monthly income) to determine whether a borrower?s income qualifies him or her for a mortgage.
Deed: A legal document conveying ownership of property.
Downpayment: The portion of the home?s purchase price the buyer pays in cash.
Due-on-Sale-Clause: A provision in a mortgage or deed of trust that allows the lender to demand immediate payment of the balance of the mortgage if the mortgage holder sells the home.
E
Earnest Money: The deposit given by a buyer to a seller to show that the buyer is serious about purchasing the home. Earnest money usually is refundable to homebuyers in the event a contingency of the sales contract cannot be met.
Entitlement: The Veterans Affairs home loan benefit (i.e., entitlement for a VA-guaranteed home loan). This is also known as eligibility.
Equal Credit Opportunity Act (ECOA): A federal law requiring lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status, or receipt of income from public assistance programs.
Equity: The difference between a home?s value and the mortgage amount owed on the home.
Escrow: The holding of documents and money by a neutral third party prior to closing.
Escrow Disbursements: The use of escrow funds to pay real estate taxes, hazard insurance, mortgage insurance and other property expenses as they become due.
Escrow Payment: The part of a mortgager?s monthly payment that is held by the servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments and other items as they become due.
Exclusive Right to Sell Listing: A contract giving an agent the exclusive right to market a property under a certain time frame.
Exclusive Agency Listing: A contract giving the broker the right to market an owner?s property for a certain period of time, but also allowing the owner to sell the property during that period without paying a commission.
F
Farmers Home Administration (FmHA): Provides financing to farmers and other qualified borrowers who are unable to obtain loans elsewhere.
Federal Housing Administration (FHA): A division of the Department of Housing and Urban Development whose main activity is insuring residential mortgage loans made by private lenders. FHA also sets standards for underwriting mortgages.
Federal National Mortgage Association (Fannie Mae): A privately owned corporation created by Congress that purchases and sells conventional residential mortgages as well as those insured by Federal Housing Administration or guaranteed by Veterans Affairs. This institution, which provides funds for one in seven mortgages, makes mortgage money more available and more affordable. Fannie Mae and Freddie Mac are the key secondary mortgage-market agencies.
FHA Loan: A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are limits to the size of FHA loans, they are generous enough to handle moderately priced homes almost anywhere in the country.
FHA Mortgage Insurance: Requires a fee (up to 2.25 percent of the loan amount) paid at closing to insure the loan with FHA. In addition, FHA mortgage insurance requires an annual fee of up to 0.5 percent of the current loan amount, paid in monthly installments. The lower the downpayment, the more years the fee must be paid.
Firm Commitment: A promise by Federal Housing Administration to insure a mortgage loan for a specified property and borrower. A promise from a lender to make a mortgage loan.
First Mortgage: The primary lien against a property.
Fixed Installment: The monthly payment due on a mortgage loan, including payment of both principal and interest.
Fixed-Rate Mortgage (FRM): A loan on which the interest rate and monthly payment do not change.
For Sale By Owner (FSBO): The owner sells his or her home without a REALTOR® to avoid paying a sales commission.
Foreclosure: A legal process by which the lender or the seller forces a sale of a mortgaged property because the borrower has not met the terms of the mortgage. Also known as a repossession of property.
Federal Home Loan Mortgage Corporation (Freddie Mac): A quasi-governmental, privately owned agency that purchases conventional mortgage from insured depository institutions and HUD-approved mortgage bankers. Fannie Mae and Freddie Mac are the key secondary mortgage-market agencies
Fully Amortized ARM: An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the amortization term.
G
Graduated-Payment Mortgage (GPM): A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.
Growing-Equity Mortgage (GEM): A fixed-rate mortgage that provides scheduled payment increases over an established period of time. The increased amount of the monthly payment is applied directly toward reducing the remaining balance of the mortgage.
Guaranty: A promise by one party to pay a debt or perform an obligation contracted by another if the original party fails to pay or perform according to a contract.
Guarantee Mortgage: A mortgage that is guaranteed by a third party.
H
Hazard Insurance: A form of insurance in which the insurance company protects the insured from specified losses, such as fire, windstorm and the like.
Homeowner?s Warranty: A policy that covers certain repairs (e.g. plumbing or heating) of a newly purchased home for a certain period of time.
Housing Expenses-to-Income Ratio: The ratio, expressed as a percentage, which results when a borrower?s housing expenses are divided by his or her gross monthly income.
HUD-1 statement: A document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include real estate commissions, loan fees, points and initial escrow amounts. A separate number within a standardized numbering system represents each item on the statement. The totals at the bottom of the HUD-1 statement define the seller?s net proceeds and the buyer?s net payment at closing.
I
Impound Account: An account established by a lender to collect a borrower?s property tax and insurance payments. Impound accounts are normally required on mortgages with down payments of 10 percent or less.
Index: A published interest rate against which lenders measure the difference between the current interest rate on an adjustable rate mortgage and that earned by other investments (such as one-, three- and five-year U.S. Treasury security yields, the monthly average interest rate on loans closed by savings and loan institutions, and the monthly average costs-of-funds incurred by savings and loans), which is then used to adjust the interest rate on an adjustable mortgage up or down.
Indexed rate: The sum of the published index plus the margin. For example if the index were 9 percent and the margin 2.75 percent, the indexed rate would be 11.75 percent. Often, lenders charge less than the indexed rate the first year of an adjustable-rate mortgage.
Initial Interest Rate: This refers to the original interest rate of the mortgage at the time of closing. This rate changes for an adjustable-rate mortgage (ARM). It?s also known as “start rate” or “teaser.”
Installment: The regular periodic payment that a borrower agrees to make to a lender.
Insured Mortgage: A mortgage that is protected by the Federal Housing Administration (FHA) or by private mortgage insurance (MI).
Interest: The fee charged for borrowing money.
Interest Accrual Rate: The percentage rate at which interest accrues on the mortgage. In most cases, it is also the rate used to calculate the monthly payments.
Interest Rate Buydown Plan: An arrangement that allows the property seller to deposit money to an account. That money is then released each month to reduce the mortgagor?s monthly payments during the early years of a mortgage.
Interest Rate Ceiling: For an adjustable-rate mortgage, the maximum interest rate as specified in the mortgage note.
Interest Rate Floor: For an adjustable-rate mortgage, the minimum interest rate as specified in the mortgage note.
Interim Financing: A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion.
Investor: A money source for a lender.
L
Lease-Purchase Mortgage Loan: An alternative financing option that allows low- and moderate-income homebuyers to lease a home with an option to buy. Each month?s rent payment consists of principal, interest, taxes and insurance (PITI) payments on the first mortgage plus an extra amount that accumulates in a savings account for a downpayment.
Liabilities: A person?s financial obligations. Liabilities include long-term and short-term debt.
Lien: A claim upon a piece of property for the payment or satisfaction of a debt or obligation.
Lifetime Payment Cap: For an adjustable-rate mortgage, a limit on the amount that payments can increase or decrease over the life of the mortgage.
Lifetime Rate Cap: For an adjustable-rate mortgage, a limit on the amount that the interest rate can increase or decrease over the life of the loan.
Listing: A property placed on the market by a listing agent.
Loan: A sum of borrowed money (principal) that is generally repaid with interest.
Loan-to-Value (LTV) Ratio: The ratio of the amount of money owed on a home to the home?s value. The LTV ratio for a $100,000 home financed with a $90,000 mortgage would be 90 percent, for example.
Lock: Lender?s guarantee that the mortgage rate quoted will be good for a specific number of days from day of application.
M
Margin: The amount a lender adds to the index on an adjustable-rate mortgage to establish the adjusted interest rate.
Market Value: The highest price that a buyer would pay and the lowest price a seller would accept on a property. Market value may be different from the price a property could actually be sold for at a given time.
Maturity: The date on which the principal balance of a loan becomes due and payable.
Mediation: A process used to resolve disputes. In mediation, the parties to the dispute are assisted by a neutral third person called a mediator. The mediator is not empowered to impose a settlement or decision on the parties; rather, the mediator facilitates discussions and negotiation between the parties with the goal of assisting the parties in reaching a mutually acceptable settlement of their dispute.
MIP (Mortgage Insurance Premium): Insurance from FHA to the lender against incurring a loss on account of the borrower?s default.
Monthly Fixed Installment: That portion of the total monthly payment that is applied toward principal and interest. When a mortgage negatively amortizes, the monthly fixed installment does not include any amount for principal reduction and doesn?t cover all of the interest. The loan balance therefore increases instead of decreasing.
Mortgage: A legal document that pledges a property to the lender as security for payment of a debt.
Mortgage Banker: A company that originates mortgages for sale into the secondary mortgage market (e.g., Fannie Mae and Freddie Mac).
Mortgage Broker: An individual or company that arranges mortgage financing between a borrower and a lender.
Mortgagee: The lender.
Mortgage Insurance: Money paid to insure the mortgage when the down payment is less than 20 percent.
Mortgage Life Insurance: A type of term life insurance specifying that in the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceeds.
Mortgage Interest Deduction: The ability of mortgage borrowers to deduct the interest paid on a home loan for purposes of federal and state income taxes.
Mortgager: The borrower or homeowner.
Multiple Listings Service (MLS): The service combines the listings for all available homes in an area, except for For-Sale-By-Owner properties, in one directory or database.
N
Negative Amortization: Occurs when monthly payments are not large enough to pay all the interest due on the loan. This unpaid interest is added to the unpaid balance of the loan. The danger of negative amortization is that the homebuyer ends up owing more than the original amount of the loan.
Net Effective Income: The borrower?s gross income minus federal income tax.
Net Listing: A listing agreement in which the broker?s commission consists of the amount above a net price set by the owner. If the net price is not met, a commission is not earned.
Non-assumption Clause: A statement in a mortgage contract forbidding the assumption of the mortgage without the prior approval of the lender.
Note: A legal document that obligates a borrower to repay a mortgage loan at a stated interest rate during a specified period of time.
O
One-year Adjustable: Mortgage whose annual rate changes yearly. The rate is usually based on movements of a published index plus a specified margin chosen by the lender.
Open Listing: A property marketed by more than one agent at a time.
Origination Fee: A fee charged by a lender for making a mortgage.
Owner Financing: A property purchase transaction in which the party selling the property provides all or part of the financing.
P
Payment Change Date: The date when a new monthly payment amount takes effect on an adjustable-rate mortgage or a graduated-payment mortgage. Generally, the payment change date occurs in the month immediately after the adjustment date.
Periodic Payment Cap: A limit on the amount that payments can increase or decrease during any one adjustment period.
Periodic Rate Cap: A limit on the amount that the interest rate can increase or decrease during any one adjustment period, regardless of how high or low the index might be.
Permanent Loan: A long-term mortgage, usually 10 years or more. Also called an “end loan.”
PITI: Principal, interest, taxes and insurance — the primary components of a monthly mortgage payment.
Pledged-account Mortgage (PAM): Money is placed in a pledged savings account and this fund plus earned interest is gradually used to reduce mortgage payments.
Points: One point equals 1 percent of the mortgage amount. Points are charged by lenders to increase the lender?s return on the mortgage. Typically, lenders may charge anywhere from zero to two points. Loan points are tax-deductible.
Power of Attorney: A legal document authorizing one person to act on behalf of another.
Pre-approval: The process of determining how much money you will be eligible to borrow before you apply for a loan.
Prepaid Expenses: Necessary to create an escrow account or to adjust the seller?s existing escrow account. Can include taxes, hazard insurance, private mortgage insurance and special assessments.
Prepayment: A privilege in a mortgage permitting the borrower to make payments in advance of their due date.
Prepayment Penalty: Money charged for an early repayment of debt. Prepayment penalties are allowed in some form (but not necessarily imposed) in many states.
Primary Mortgage Market: Lenders, such as savings-and-loan associations, commercial banks and mortgage companies, who make mortgage loans directly to borrowers. These lenders sometimes sell their mortgages to the secondary mortgage markets.
Principal: The loan amount borrowed or still owed.
Private Mortgage Insurance (PMI): Insurance issued by private insurers that protects lenders against a loss if a borrower defaults on a mortgage with a low downpayment (e.g., less than 20 percent).
Q
Qualifying Ratios: Calculations used to determine if a borrower can qualify for a mortgage. They consist of two separate calculations: a housing expense as a percent of income ratio and total debt obligations as a percent of income ratio.

R
Rate Lock: A commitment issued by a lender to a borrower or other mortgage originator guaranteeing a specified interest rate and lender costs for a specified period of time.
Real Estate Settlement Procedures Act (RESPA): A consumer protection law that requires lenders to give borrowers advance notice of closing costs. RESPA is a federal law that, among other things, allows consumers to review information on known or estimated settlement cost after application and prior to or at settlement. The law requires lenders to furnish the information after application only.
REALTOR®: A real estate broker or agent who, as a member of a local association of REALTORS®, a state association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS® (link to www.onerealtorplace.com), adheres to high standards of professionalism and a strict code of ethics.
Recission: The cancellation of a contract by putting all parties back to the position before they entered the contract. In some mortgage financing situations involving equity in the home as security, the law gives the homeowner three days to cancel a contract.
Recording Fees: Money paid to the lender for recording a home sale with the local authorities, thereby making it part of the public records.

Refinance: Obtaining a new mortgage loan on a property already owned. Often to replace existing loans on the property.
Renegotiable Rate Mortgage: A loan in which the interest rate is adjusted periodically.
Reverse Annuity Mortgage (RAM): A form of mortgage in which the lender makes periodic payments to the borrower using the borrower?s equity in the home as collateral for and repayment of the loan.
Revolving Liability: A credit arrangement, such as a credit card, that allows a customer to borrow against a pre-approved line of credit when purchasing goods and services.
S
Satisfaction of Mortgage: The document issued by the mortgagee when the mortgage loan is paid in full. Also called a “release of mortgage.”
Second Mortgage: A mortgage made subsequent to another mortgage and subordinate to the first one.
Secondary Mortgage Market: The place where primary mortgage lenders sell the mortgages they make to obtain more funds to originate more new loans. It provides liquidity for the lenders.
Security: The property that will be pledged as collateral for a loan.
Seller Carry-back: An agreement in which the seller provides financing, often in combination with an assumable mortgage.
Seller Financing: A financing agreement in which a seller provides part (or all) of the financing needed by a buyer to purchase the seller?s home.
Servicer: An organization that collects principal and interest payments from borrowers and manages borrowers? escrow accounts. The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.
Servicing: All the steps and operations a lender performs to keep a loan in good standing, such as collection of payments, payment of taxes, insurance, property inspections and the like.
Shared-Appreciation Mortgage (SAM): A mortgage in which a borrower receives a below-market interest rate in return for which the lender (or another investor such as a family member or other partner) receives a portion of the future appreciation in the value of the property. May also apply to a mortgage where the borrower shares the monthly principal and interest payments with another party in exchange for part of the appreciation.
Simple Interest: Interest that is computed only on the principle balance.
Standard Payment Calculation: The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.
Step-Rate Mortgage: A mortgage that allows for the interest rate to increase according to a specified schedule (i.e., seven years), resulting in increased payments as well. At the end of the specified period, the rate and payments will remain constant for the remainder of the loan.
Survey: A measurement of land, prepared by a registered land surveyor, showing the location of the land with reference to known points, its dimensions, and the location and dimensions of any buildings.
Sweat Equity: Equity created by a purchaser performing work on a property being purchased.
T
Third-Party Origination: When a lender uses another party to completely or partially originate, process, underwrite, close, fund or package the mortgages it plans to deliver to the secondary mortgage market.
Title: A legal concept relating to ownership of property.
Title Insurance: Insurance to protect the buyer and lender against losses arising from disputes over the ownership of a property.
Title Search: An examination of public records to determine the legal ownership of property. Usually the records are recorded with the County Recorders office. The search is usually performed by a title company using computerized records.
Total Expense Ratio: Total obligations as a percentage of gross monthly income including monthly housing expenses plus other monthly debts.
Truth In Lending Act: A federal law requiring disclosure of the annual percentage rate to homebuyers shortly after they apply for the loan. Also known as Regulation Z.
Two-Step Mortgage: A mortgage in which the borrower receives a below-market interest rate for a specified number of years (most often seven or 10), and then receives a new interest rate adjusted (within certain limits) to market conditions at that time. The lender sometimes has the option to call the loan due with 30 days notice at the end of seven or 10 years.
U
Underwriting: The process of evaluating a loan application to determine if it meets the lender?s standards.
Usury: Interest charged in excess of the legal rate established by law.
V
VA Loan: A long-term, low- or no-downpayment loan guaranteed by the Department of Veterans Affairs. Restricted to individuals qualified by military service or other entitlements.
VA Mortgage Funding Fee: A premium of up to 1.5 percent (depending on the size of the downpayment) paid on a VA-backed loan. On a $75,000 fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.
Verification of Deposit (VOD): A document signed by the borrower?s financial institution verifying the status and balance of that person?s financial accounts.
W
Warehouse Fee: Many mortgage firms must borrow funds on a short-term basis in order to originate loans that are to be sold later in the secondary mortgage market or to investors. When the prime rate of interest is higher on short-term loans than on mortgage loans, the mortgage firm has an economic loss that is offset by charging a warehouse fee.
Wraparound Mortgage: Results when an existing assumable loan is combined with a new loan, resulting in an interest rate somewhere between the old rate and the current market rate. The payments are made to a second lender or the previous homeowner, who then forwards the payments to the first lender after taking the additional amount off the top.

Homeowners Reap Remodeling Benefits Whether Selling or Staying, Say Realtors®

Homeowners Reap Remodeling Benefits Whether Selling or Staying, Say Realtors®

Homeowners Reap Remodeling Benefits Whether Selling or Staying, Say Realtors®

WASHINGTON (December 9, 2015) — Homeowners preparing to sell often make improvements, both big and small, to their homes that can help yield positive results and garner top dollar from buyers. According to a new report from the National Association of Realtors®, remodeling projects can also bring major benefits to homeowners who choose to remain in their homes.

“Realtors® know that certain home upgrades and remodels can be beneficial to get more buyer eyes on a property, potentially bring in more offers or gain more equity from a home,” said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. “But remodeling projects are just as valuable to homeowners who simply want to get more joy out of their dwellings. Regardless of the situation, Realtors® know what remodeling projects bring the biggest bang for the buck and what projects are most likely to improve a homeowner’s impression of their current place.”

According to NAR’s 2015 Remodeling Impact Report, which uncovers the reasons homeowners choose a remodel and the increased happiness certain projects bring once completed, 64 percent have experienced increased enjoyment in their home after completing a remodeling project. Additionally, 75 percent of respondents said they felt a major sense of accomplishment when thinking of their completed project. Fifty-four percent of respondents felt happy about the changes to their home, and 40 percent felt satisfied. As for their reasons to complete a remodeling project, 38 percent of homeowners said they wanted to upgrade worn-out surfaces, finishes and materials; 17 percent wanted to add features and improve livability; and 13 percent believed it was time for a change.

Realtors® named kitchen upgrades, complete kitchen renovations, bathroom renovations and new wood flooring as the interior projects that most appeal to potential buyers. Similarly, Realtors® also ranked projects based on expected value at resale (without accounting for project price); the projects that ranked the highest in this category were complete kitchen renovations, kitchen upgrades, bathroom renovations and the addition of a bathroom.

When looking at the interior projects that yield the biggest financial results upon resale, Realtors® ranked hardwood flooring refinishes (100 percent of project cost recovered upon resale), insulation upgrades (95 percent recovered), new wood flooring (91 percent recovered), and converting a basement to a living area (69 percent recovered) as projects to consider.

Exterior projects are also important for both sellers and homeowners looking to increase satisfaction with their current home. Realtors® said new roofing, new vinyl windows, new garage doors and new vinyl siding are most appealing to potential buyers and are highly valued upon resale (both considering project price and disregarding project price). Upon resale, Realtors® said new roofing would recover 105 percent of its project cost, a new garage door would recover 87 percent, new vinyl siding would recover 83 percent, and new vinyl windows would bring back 80 percent of their cost. As for exterior projects that bring the most happiness for those not necessarily intending to sell, homeowners said new fiber-cement siding, new fiberglass or steel front doors, new roofing, and new garage doors brought the most satisfaction.

The 2015 Remodeling Impact Report, the first of its kind from NAR that examines personal satisfaction from remodeling projects, surveyed Realtors®, consumers who have completed their own remodeling projects, and members of the National Association of the Remodeling Industry.

“Remodeling projects can greatly improve both the value of and satisfaction with one’s home, which are great things no matter the reason for a project,” said Judy Mozen, president of the National Association of the Remodeling Industry. “This report highlights the best projects to consider in either situation and showcases just how much of a difference a good and professional remodel can make in real numbers.”

Salomone said the report not only assists homeowners who are preparing to sell in choosing the best projects to attract buyers, but it also helps those looking to get more personal satisfaction out of their homes. “Realtors® know that remodeling projects aren’t just done to get more money for a home once it’s time to sell – a home is your sanctuary, the place you raise your family and where you make lifelong memories, which is why the report can also help consumers decide which projects could enhance their current quality of life and happiness,” he said.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

The National Association of the Remodeling Industry is the medium for business development, a platform for advocacy and the principal source for industry intelligence. NARI connects homeowners with its professional members and provides tips and tricks so that the consumer has a positive remodeling experience.

Lahontan with View of Northstar Lookout Mountain – Close to Golf & Spa

Lahontan with View of Lookout Mountain & close to golf, spa

…………………….Lahontan with View of Northstar Lookout Mountain – Close to Golf & Spa…………………….

Natural elegance with south facing Lookout Mountain and meadow views. A convenient location and just a short walk to the clubhouse, golf and spa/fitness area. Window walls and spacious living areas highlight this comfortable, easy to live in home with 5 bedrooms, 4.5 baths and office. The 2-sided stone fireplace is enjoyed from both the great room and outdoor deck and patio. A perfect home for family and friends.

Asking $1,795,000 – MLS#: 20153188

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for all Truckee Lahontan real estate property for sale.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Matt Gelso Real Estate.

California Association of Realtors Victorious in Beating Back Mortgage Tax

President Obama today signed H.R. 22, the Surface Transportation Reauthorization and Reform Act of 2015, which does NOT include an extension of the higher guarantee-fees set to expire in 2021.  The bill funds several highway and transit-related projects, with monies coming from a variety of sources. While the Senate version of the long-term transportation bill included this “mortgage tax” to pay for transportation infrastructure, the final version does not. This is a HUGE win for REALTORS® and their clients.In November, the House of Representatives approved a long-term-transportation bill with an amendment to exclude the tax. C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® vigorously opposed the “add-on” fee for all new conforming mortgages in order to pay for transportation infrastructure. This “g-fee,” which was a disguised tax on home buyers, would have cost average California home buyers more than $8,100 over the life of their mortgage on a new home purchase or refinance.

C.A.R. thanks its members, local Association Executives and local Association Government Affairs Directors for their support and efforts in successfully beating back this tax and helping to meet its goal of exceeding a 20 percent response rate to the Call-for-Action. Nearly 31,000 California REALTORS® called or emailed Congress to oppose this proposal.

Dec. 4, 2015

Why Buyers Need to Buy That New Home Now

Your client has decided on new-home construction, but they’re dragging their feet. Need to give them extra motivation to get that contract signed this fall or winter?

“Fall and winter are a great time to start working with a builder and do much of the upfront planning and legwork that goes into a new-construction home,” says Brian Brunhofer, president of Meritus Homes. “Plus, there are some definite advantages to beginning that process before the end of the year that buyers might not be aware of.”

BUILDER online recently highlighted some of those advantages, including:

1. Low interest rates: The 30-year fixed-rate mortgage is still under a 4 percent average, according to Freddie Mac. But most economists are predicting that interest rates will soon be on the rise, and when rates do rise that will deflate buyers’ purchasing power.

2. Buffering in more time: Many buyers fail to take into account the length of the permitting and approval process, which has to take place before the actual construction. “The reality is that after a buyer signs a contract with us, it takes anywhere from 60 to 90 days to get architectural plans submitted and permits approved before we actually start construction,” Brunhofer says. “Buyers who begin that process in the fall or winter can relax knowing they have plenty of time to get all those details taken care of and be 100 percent ready to roll when the early spring construction season starts. And if we have a mild enough winter, we might be able to get a jump on construction for them even earlier in the year.”

3. Taking advantage of the financial benefits: Before the end of the calendar year, builders will have secured their 2016 contract prices for labor and building materials. As such, they’ll adjust their home prices to reflect any increased costs. Buyers who decide to sign a contract with a builder this fall rather than waiting until next spring may see some cost savings by taking advantage of 2015 pricing.

4. Timing the market right: Many families prefer to be able to move into their new-home prior to the beginning of a school year. Buyers who work with builders in the fall and winter will likely be ready to move into their new home by next summer. “Buyers should expect anywhere from five to six months of actual construction time,” Brunhofer says. “That means if we get all the upfront approvals and permitting taken care of during the fall and early winter, we’ll start work the minute the ground thaws and we’ll be wrapped up in time for a summer move-in date.” Also, for buyers with an existing home to sell, they will be able to sell their current home then during the spring time, which is traditionally a busier housing market.

Source: “Give Customers Four Reasons to Buy Now,” BUILDER (Sept. 30, 2015)

Home Buyers: The Bargains are Now…

For home buyers chasing a bargain, they may want to act fast. Closings in January provide the best discount for home buyers, according to Lawrence Yun, the chief economist for the National Association of REALTORS®, in his latest column at Forbes. That means buyers can get the best deals when they get a home under contract around December, Yun writes.

From peak price in August and September, home prices decline by 0.51 percent by January closings, according to the Case-Shiller index. On a typical home price of $220,000, that discount could equate to about $1,122, Yun writes.

“The seasonal decline is not all price depreciation of homes” in winter, Yun notes. “A good portion of movement is driven by a higher proportion of lower priced and smaller-sized homes getting sold during the winter months. The reason for this is that families with school-aged kids are generally not in the market during the winter because they do not want their kids to be disrupted during a school year, and it is the families with kids that generally require the larger homes that carry higher prices.”

The discounts in the winter and during the holidays may be a perfect opportunity for home buyers looking to break in to the housing market.

“Real estate professionals know this to be true in everyday business since there are far fewer buyers shopping over the holidays; as a result, listed homes staying on the market for a longer period. In short, there is a discount to be had for the few buyers purchasing over the holidays.

Source: “Now Is the Best Season to Buy a Home,” Forbes (Dec. 2, 2015)

Squaw Valley – Brand New Ultra Modern Mountain Home for Sale

 

Squaw Valley - Brand New Ultra Modern Mountain Home for Sale

……………………. Squaw Valley – Brand New Ultra Modern Mountain Home for Sale …………………………….

Squaw Spectacular – New to MLS this custom brand new ultra mountain modern home boosts 4 bedrooms, 3.5 bathrooms, large living room with floor to ceiling windows to bring in all the glorious mountain surroundings. Spacious family room and an over sized two car garage to store all your outdoor gear.  High end, state of the art finishing throughout. Wired with Lutron smart home features and much more. One of a kind, amazing home. Gated community with optional Resort amenities.

Asking: $2,850,000  MLS #: 20153150

To see this Squaw Valley real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Squaw Valley real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Pacific Union International.

Tahoe Donner – New Construction – Two Master Suites with Fireplaces

Tahoe Donner - New Construction - 2 Master Suites w/ Fireplaces

………………………. Tahoe Donner – New Construction – Two Master Suites with Fireplaces ……………………..

Built with the attention to detail that the discriminating buyer is looking for. Two master suites with fireplaces. Built in entertainment center in great room.  Kitchen features include; center island with prep sink, beverage refrigerator, Kitchenaid appliances, french door refrigerator with custom wood panels and Wolf cook top. Separate family room with free standing gas stove and bar area. Pavered back patio with built in gas fire pit. Central vacuum, pre-wired for sound, alarm and hot tub and more!!

Asking: $1,250,000  MLS #: 20153152

To see this Tahoe Donner real estate property for sale, call Scott Kennedy @ 530.582.9980.

Click here for all Truckee Tahoe-Donner real estate cabins, condos & homes for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International.

Northstar – Extensive Remodel with New Kitchen, Dining Room & Many Upgrades

Northstar - Extensive Remodel with New Kitchen, Dining Room & Many Upgrades

………….   Northstar – Extensive Remodel with New Kitchen, Dining Room & Many Upgrades   …………….

Enjoy all that Northstar has to offer from this beautiful home! The owner is currently putting the finishing touches on an extensive remodel which includes a new kitchen, dining room and many upgrades throughout. This home is on a near level lot, making for easy access in winter. A short shuttle bus ride takes you to the ski area, recreation center or Tomkins Trail system. A spacious rear deck allows for summer entertaining and BBQ’s.   A must see in Northstar!

Asking: $939,000  MLS #: 20153148

To see this Northstar ski mountain home for sale, call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Northstar California real estate property for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sheridan Brokers Northstar R.E.

Northstar – On the Golf Course – Ideal for Entertaining

Northstar - On the Golf Course -Ideal for Entertaining

…………………………….. Northstar – On the Golf Course -Ideal for Entertaining …………………………….

Incredible Northstar property located on the golf course and just minutes from the bus stop that brings you up to the Village. This home is ideal for entertaining. It consists of 5 spacious bedrooms each with their own bathroom, open dining and living room with towering vaulted ceilings and tons of windows and light. Large open kitchen plus a breakfast nook that leads out to the back deck and the golf course. Impressive master suite with beautiful master bathroom. Over-sized two car garage.

Asking: $1,199,000  MLS #: 20153133

Click here for more information and photos of all Northstar California real estate property for sale.

To see this Northstar classic mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

6 Home Repairs Owners Shouldn’t Delay

Some home repairs that owners linger on could turn into financial catastrophe. BobVila.com recently highlighted several things home owners should repair in their home before it’s too late, including:

1. Gutters: If not cleared, gutters – crucial for proper drainage — could be the root of problems for home owners. During the winter, clogged gutters could lead to ice or water damage. Also, gutters and downspouts that are overflowing with leaves or that appear to not be draining properly or draining toward the house can also cause water issues.

2. Decks: Loose railings along your porch, deck, or steps should not be ignored. The fix may be as simple as a few screws that need to be tightened in a few places. But if ignored, a loose rail could give in and risk injury and more costly repairs.

Read more: Home Improvement Spending Is Booming

3. Water spots: A spot on the ceiling should be handled immediately. The cause, however, of the water damage may not be obvious. A roofing contractor may be the first source of contact to determine if it’s from a loose shingle.

4. Asphalt cracks: Water that seeps in and then freezes can cause cracks to get wider. The water may also saturate the soil underneath the driveway and cause a shift overtime. Home owners should seal their driveway as soon as they notice any signs of wear to prevent damage from rain, snow, ice, or sunlight.

5. Leaky faucets: A slight drip or a running toilet is not an issue that should be overlooked either. These may be signs of a bigger problem and the fix will likely save you money on your water bills. Small leaks can get bigger if left ignored and become more costly to repair.

6. Blocked chimneys: Proper maintenance of chimneys is important or home owners could risk suffering from a fire or smoke inhalation. Soot and creosote build up in in the interior of chimneys and need to be removed. Also, owners would be wise to inspect the chimney cap to make sure it’s not rusty or damaged to prevent debris or pests from coming into the home.

Source: “Time’s Up: 9 Things to Repair in Your Home Before it’s Too Late,” BobVila.com (November 2015)

California pending home sales bounce back in October 2015

Southern California and Bay Area regions rise, Central Valley posts lower

LOS ANGELES (Nov. 24) – Pending home sales bounced back from the previous month at the statewide level in October, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Pending sales were also significantly higher on an annual basis, portending higher closed escrows in the next couple of months.

In a separate report, California REALTORS® responding to C.A.R.’s October Market Pulse Survey saw a nominal increase in sales with multiple offers compared with September and an increase in the number of offers received. The number of floor calls and open house traffic declined, however, primarily reflecting seasonal factors as the market enters the end of the home-buying season. The Market Pulse Survey is a monthly online survey of more than 300 California REALTORS®, which measures data about their last closed transaction and sentiment about business activity in their market area for the previous month and the last year.

Pending home sales data:

• Statewide pending home sales increased in October, with the Pending Home Sales Index (PHSI)* rising 2.5 percent from a revised 110.7 in September to 113.4 in October, based on signed contracts. The month-to-month gain was better than the average increase of 0.9 percent from September to October observed in the last seven years.

• On an annual basis, statewide pending home sales were up 13.9 percent from the revised 99.5 index recorded in October 2014. Pending sales have been increasing on a year-over-year basis since November 2014 and have seen double-digit increases for nine straight months.

• At the regional level, pending sales were higher on a year-over-year basis in all areas, with Southern California and Central Valley both increasing at a double-digit rate compared to last October.

• San Francisco Bay Area pending sales rose 16.3 percent to reach an index of 145.6 in October, up from September’s 125.2 and up 16.1 percent from October 2014’s 125.4 index.

• Pending home sales in Southern California increased to 94.3 in October, up 9.8 percent from 85.9 in September and up 9 percent from an index of 86.5 a year ago.

• Central Valley pending sales dropped in October to reach an index of 89.5, down 13.9 percent from September’s 103.9 index but up 18.6 percent from October 2014’s 75.5 index.

Equity and distressed housing market data:

• The share of equity sales – or non-distressed property sales – dipped in October but remained at the highest levels since the fall of 2007. Equity sales now make up 93.7 percent of all sales, up from 91.5 percent a year ago.

• The combined share of all distressed property sales (REOs and short sales) edged up in October to 6.3 percent of total sales, but was down from 8.5 percent a year ago.

• Fifteen of the 44 counties that C.A.R. reports showed month-to-month decreases in their share of distressed sales, with Mariposa having the smallest share of distressed sales at 0 percent, followed by San Francisco (0.4 percent), San Mateo (0.8 percent), and Santa Cruz (1.3 percent). Madera had the highest share of distressed sales at 19 percent, followed by Siskiyou (16.4 percent), Yuba (12.1 percent), and Tulare (11.9 percent).

October REALTOR® Market Pulse Survey**:

• More than one in four homes (27 percent) closed above asking price in October, and nearly half (47 percent) closed below asking price. One-fourth (25 percent) closed at asking price.

• For the one in four homes that sold above asking price, the premium paid over asking price fell to an average of 8.9 percent, down from 11 percent in September and up from 8.4 percent in October 2014.

• The 46 percent of homes that sold below asking price sold for an average of 12 percent below asking price in October, up from 10 percent in September and up from 6.3 percent in October 2014.

• About two-thirds (64 percent) of properties received multiple offers in October, indicating the market remains competitive. Fifty-one percent of properties received multiple offers in October 2014.

• The average number of offers per property increased to 3.2 in October, up from 2.4 in September and up from 2.3 in October 2014.

• With home prices leveling off in recent months, more sellers are adjusting their listing price to become more in line with buyers’ expectations. One-third (32 percent) of properties had price reductions in October, the highest level reached in the last 12 months.

• REALTOR® respondents reported that floor calls, listing appointments, and open house traffic all declined in October, mostly due to seasonal factors.

• When asked what REALTORS®’ biggest concerns are, more than one in five (22 percent) said low housing affordability, 21 percent indicated a lack of housing inventory, 16 percent cited overinflated home prices, and 12 percent said a slowdown in economic growth.

• On a positive note, four of five REALTORS® believe market conditions will either improve or remain the same next year.

Graphics (click links to open):

• Pending home sales by region.
• More transactions closing above asking price.
• Premium paid over asking price declines.
• REALTORS®’ expectations of market conditions.

*Note:  C.A.R.’s pending sales information is generated from a survey of more than 70 associations of REALTORS® and MLSs throughout the state.  Pending home sales are forward-looking indicators of future home sales activity, offering solid information on future changes in the direction of the market.  A sale is listed as pending after a seller has accepted a sales contract on a property.  The majority of pending home sales usually becomes closed sales transactions one to two months later.  The year 2008 was used as the benchmark for the Pending Homes Sales Index.  An index of 100 is equal to the average level of contract activity during 2008.

**C.A.R.’s Market Pulse Survey is a monthly online survey of more than 300 California REALTORS® to measure data about their last closed transaction and sentiment about business activity in their market area for the previous month and the last year.

Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Four of Five REALTORS Believe Market Conditions Either Improve or Remain the Same in 2016

For of Five REALTORS Believe Market Conditions Either Improve or Remain the Same in 2016

Four of Five REALTORS Believe Market Conditions Either Improve or Remain the Same in 2016

5 Key Housing Stats From NAR’s Latest Report

Mortgage rates are still below 4 percent but the low financing rates aren’t luring more buyers this fall. All four major regions of the U.S. saw a decrease in existing-home sales in October, according to the National Association of REALTORS®’ latest housing report.

Regional Snapshot

Here are existing-home sales fared in October across the country:

  • Northeast: home sales were at an annual rate of 760,000 – 8.6 percent above a year ago. Median home price: $248,900, which is 1.3 percent higher than October 2014.
  • Midwest: sales fell 0.8 percent to an annual rate of 1.30 million but are 8.3 percent above year ago levels. Median home price: $172,300, up 5.7 percent from a year ago.
  • South: sales dropped 3.2 percent last month to an annual rate of 2.14 million but are 0.5 percent above a year ago. Median home price: $188,800, up 6.2 percent from a year ago.
  • West: sales dropped 8.7 percent to an annual rate of 1.16 million in October but are 2.7 percent above October 2014. Median home price: $319,000, which is 8 percent above a year ago.

Source: National Association of REALTORS®

Existing-home sales – which are completed transactions for single-family homes, townhomes, condos, and co-ops – dropped 3.4 percent to a seasonally adjusted annual rate of 5.36 million in October. Despite the drop, sales are still nearly 4 percent above a year ago, when sales were at 5.16 million.

“New and existing-home supply has struggled to improve so far this fall, leading to few choices for buyers and no easement of the ongoing affordability concerns still prevalent in some markets,” says Lawrence Yun, NAR’s chief economist. “Furthermore, the mixed signals of slowing economic growth and volatility in the financial markets slightly tempered demand and contributed to the decreasing pace of sales. As long as solid job creation continues, a gradual easing of credit standards even with moderately higher mortgage rates should support steady demand and sales continuing to rise above a year ago.”

Here’s a closer look at the numbers behind NAR’s latest housing report for October sales:

1. Home prices: The median existing-home price for all housing types last month was $219,600, which is 5.8 percent above a year ago. Last month marks the 44th consecutive month of year-over-year price gains.

2. Housing inventory: Total housing inventory at the end of last month fell 2.3 percent to 2.14 million existing homes for-sale. Inventories are now 4.5 percent lower than a year ago. Unsold inventory is at a 4.8-month supply at the current sales pace.

3. Distressed sales: Foreclosures and short sales dropped to 6 percent in October, the lowest since NAR began tracking such data in 2008. Last year, distressed sales comprised 9 percent of the market share. In October, 5 percent of sales were foreclosures and 1 percent were short sales. Foreclosures sold for an average discount of 18 percent below market value while short sales were discounted on average 8 percent.

4. Days on the market: Properties typically stayed on the market for an average of 57 days in October, a drop from the 63 days in October 2014. One-third of homes sold in October were on the market for less than a month. Short sales were on the market the longest mount of time at a median of 90 days, while foreclosures sold in an average of 67 days and non-distressed homes took 57 days.

5. All-cash transactions: All-cash sales comprised 24 percent of transactions last month, down from 27 percent a year ago. Individual investors, who account for the bulk of cash sales, purchased 13 percent of homes last month, down from 15 percent a year ago. “All-cash and investor sales are still somewhat elevated historically despite the diminishing number of distressed properties,” Yun says. “With supply already meager at the lower-end of the price range, competition from these buyers only adds to the list of obstacles in the path for first-time buyers trying to reach the market.”

Source: National Association of Realtors

October 2015 Home Sales and Price Report

California home sales and price decrease in October as affordability crunch impacts housing market

– Existing, single-family home sales totaled 403,510 in October on a seasonally adjusted annualized rate, down 5.1 percent from September and up 1.3 percent from October 2014.

– Statewide sales were above the 400,000 mark for the seventh straight month.

– October’s statewide median home price was $475,990, down 1.3 percent from September and up 5.7 percent from October 2014.

LOS ANGELES (Nov. 17) – California’s housing market softened in October as both statewide sales and median price contracted from the previous month and is still on target to meet forecast projections, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher on a year-to-year basis for the ninth straight month. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 403,510 units in October, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2015 if sales maintained the October pace throughout the year.  It is adjusted to account for seasonal factors that typically influence home sales.

The October figure was down 5.1 percent from the revised 425,120 level in September and up 1.3 percent compared with home sales in October 2014 of a revised 398,510. The year-to-year increase was the lowest since January 2015 and was significantly below the six-month average of 9.7 percent observed between April 2015 and September 2015.

“The slowdown in October’s home sales could be attributed to the financial turmoil and global economic uncertainty that took place in August and September, as some prospective buyers took a wait-and-see approach,” said 2016 C.A.R. President Ziggy Zicarelli. “With job growth increasing the most since late 2014 and interest rates remaining below 4 percent, the demand for housing should continue to grow at a modest pace. Statewide sales are on track to finish the year with a mid-single-digit increase from last year.”

The median price of an existing, single-family detached California home slipped 1.3 percent in October to $475,990 from a revised $482,150 in September.  October’s median price was 5.7 percent higher than the revised $450,460 recorded in October 2014. The median sales price is the point at which half of homes sold for more and half sold for less; it is influenced by the types of homes selling as well as a general change in values.

“Housing affordability is an issue in many parts of California, and the impact it has on sales varies from region to region. In the Bay Area, a persistent shortage of homes for sale put upward pressure on housing prices and is now presenting significant affordability challenges to home buyers in the region,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “With home prices in the Bay Area averaging more than 7 percent higher than a year ago, we’re now seeing the negative effect on sales due to low housing affordability as higher prices have put homebuying out of reach for many potential buyers.”

Other key points from C.A.R.’s October 2015 resale housing report include:

• While sales continued to improve from last year at the state level, the number of active listings continued to drop from the previous year. Active listings for California dropped 5.6 percent from September and decreased 7.6 percent from October 2014.

• While sales were slightly higher from a year ago at the state level, the number of active listings continued to drop from the previous year. The October Unsold Inventory Index remained at 3.7 months for the third straight month, unchanged from September and down from 3.8 months in October 2014. The index indicates the number of months needed to sell the supply of homes on the market at the current sales rate. A six- to seven-month supply is considered typical in a normal market.

• The median number of days it took to sell a single-family home increased in October to 35.5 days, compared with 32.6 days in September and 38.7 days in October 2014.

• According to C.A.R.’s newest housing market indicator which measures the sales-to-list price ratio*, properties are generally selling below the list price, except in the San Francisco Bay Area, where a lack of homes for sale is pushing sales prices higher than original asking prices.  The statewide measure suggests that homes sold at a median of 98.2 percent of the list price in October, up from 97.7 percent at the same time last year. The Bay Area is the only region where homes are selling above original list prices due to constrained supply with a ratio of 102.2 percent in October, up from 101.2 percent a year ago.

• The average price per square foot** for an existing single-family home was $237 in October 2015, up from $231 in October 2014.  Price per square foot at the state level has been stabilizing in the last few months as the statewide median price began leveling off and slowing to an average increase of 1.4 percent in the past three months.

• San Francisco had the highest price per square foot in October at $778/sq. ft., followed by San Mateo ($745/sq. ft.), and Santa Clara ($572/sq. ft.).  The three counties with the lowest price per square foot in October were Siskiyou ($115/sq. ft.), Madera ($120/sq. ft.), and Kings and Tulare both at $121/sq. ft.

• Mortgage rates were unchanged in October, with the 30-year, fixed-mortgage interest rate averaging 3.80 percent, down from 3.89 percent in September and from 4.04 percent in October 2014, according to Freddie Mac.  Adjustable-mortgage interest rates also were essentially the same, averaging 2.56 percent in October, down incrementally from 2.59 percent in September but up from 2.41 percent in October 2014.

Graphics (click links to open):

• October sales at-a-glance infographic.
• Change in sales by price range.
• Share of sales by price range.
• Sales to active listings ratio.
• Sales to list ratio.
• Price per square foot.

Note:  The County MLS median price and sales data in the tables are generated from a survey of more than 90 associations of REALTORS® throughout the state, and represent statistics of existing single-family detached homes only.  County sales data are not adjusted to account for seasonal factors that can influence home sales.  Movements in sales prices should not be interpreted as changes in the cost of a standard home.  The median price is where half sold for more and half sold for less; medians are more typical than average prices, which are skewed by a relatively small share of transactions at either the lower-end or the upper-end. Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold.  The change in median prices should not be construed as actual price changes in specific homes.

*Sales-to-list price ratio is an indicator that reflects the negotiation power of home buyers and home sellers under current market conditions.  The ratio is calculated by dividing the final sales price of a property by its last list price and is expressed as a percentage.  A sales-to-list ratio with 100 percent or above suggests that the property sold for more than the list price, and a ratio below 100 percent indicates that the price sold below the asking price.

**Price per square foot is a measure commonly used by real estate agents and brokers to determine how much a square foot of space a buyer will pay for a property.  It is calculated as the sale price of the home divided by the number of finished square feet.  C.A.R. currently tracks price-per-square foot statistics for 38 counties.

Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.
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October 2015 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)

October-15 Median Sold Price of Existing Single-Family Homes Sales
State/Region/County Oct-15 Sep-15   Oct-14   MTM% Chg YTY% Chg MTM% Chg YTY% Chg
CA SFH (SAAR) $475,990 $482,150 $450,460 r -1.3% 5.7% -5.1% 1.3%
CA Condo/Townhomes $391,340 $389,970 $376,900 r 0.4% 3.8% -7.7% -2.7%
Los Angeles Metropolitan Area $441,360 $438,120 $412,190 0.7% 7.1% -1.4% 1.2%
Inland Empire $293,090 $288,680 $274,630 1.5% 6.7% -3.3% 2.4%
S.F. Bay Area $790,580 $796,470 $737,000 r -0.7% 7.3% -1.6% -8.9%
S.F. Bay Area                  
Alameda $711,990 $739,580 $659,660 r -3.7% 7.9% -0.1% -11.9%
Contra-Costa $726,400 $784,000 $695,690 r -7.3% 4.4% -1.7% -9.5%
Marin $1,207,140 $1,043,270 $969,700 15.7% 24.5% 12.0% -11.7%
Napa $664,470 $659,480 $599,140 0.8% 10.9% -43.4% -33.0%
San Francisco $1,294,120 $1,189,520 $1,200,760 r 8.8% 7.8% 50.3% -15.4%
San Mateo $1,188,940 $1,200,000 $1,071,000 -0.9% 11.0% -10.4% -20.4%
Santa Clara $951,000 $955,000 $870,000 -0.4% 9.3% -8.1% -8.7%
Solano $355,420 $362,500 $327,460 -2.0% 8.5% -2.2% 8.8%
Sonoma $548,840 $562,070 $487,930 -2.4% 12.5% 6.1% 8.6%
Southern California
Los Angeles $509,570 $517,750 $477,600 -1.6% 6.7% 5.3% -1.4%
Orange $704,370 $707,700 $692,390 -0.5% 1.7% -10.9% 1.9%
Riverside $334,660 $329,200 $321,750 1.7% 4.0% -3.6% 4.5%
San Bernardino $231,330 $229,890 $208,080 0.6% 11.2% -2.9% -0.7%
San Diego $539,000 $539,340 $493,030 -0.1% 9.3% -3.3% -0.5%
Ventura $604,610 $599,710 $583,810 0.8% 3.6% -6.4% 11.6%
Central Coast
Monterey $486,000 $480,000 $460,000 1.3% 5.7% 7.1% -1.6%
San Luis Obispo $540,480 $536,250 $455,660 0.8% 18.6% -1.8% 3.4%
Santa Barbara $636,360 $724,140 $570,000 -12.1% 11.6% -9.0% -4.2%
Santa Cruz $743,750 $755,000 $715,000 -1.5% 4.0% -23.5% -6.6%
Central Valley
Fresno $214,620 $215,970 $200,600 -0.6% 7.0% -2.5% 4.3%
Glenn $206,250 $225,000 $167,500 -8.3% 23.1% 28.6% 5.9%
Kern (Bakersfield) $208,500 $215,000 r $215,000 -3.0% -3.0% -8.3% -0.8%
Kings $183,330 $197,500 $168,670 -7.2% 8.7% -12.6% 13.7%
Madera $207,500 $216,670 $210,420 r -4.2% -1.4% 9.3% 15.7%
Merced $196,250 $210,710 $190,710 -6.9% 2.9% -9.3% -7.0%
Placer $394,720 $392,820 $380,170 0.5% 3.8% -4.9% 3.3%
Sacramento $292,150 $289,760 $270,150 0.8% 8.1% -6.3% 7.7%
San Benito $487,500 $466,000 $435,000 4.6% 12.1% 19.5% 8.9%
San Joaquin $278,210 $294,060 $263,270 -5.4% 5.7% -2.2% 6.0%
Stanislaus $259,620 $253,500 $228,630 2.4% 13.6% -2.9% 11.7%
Tulare $190,000 $190,370 $179,060 -0.2% 6.1% -1.6% -2.8%
Other Counties in California
Amador $255,000 $233,330 $265,000 9.3% -3.8% -12.5% -14.6%
Butte $265,240 $247,320 $233,780 r 7.2% 13.5% 17.2% 3.8%
Calaveras $243,480 $260,290 $247,370 r -6.5% -1.6% 17.9% 36.6%
Del Norte $246,870 $216,670 $157,500 r 13.9% 56.7% 68.8% 28.6%
El Dorado $378,070 $399,270 $355,800 -5.3% 6.3% -13.8% -10.2%
Humboldt $258,090 $268,480 $260,340 -3.9% -0.9% 30.3% 17.3%
Lake $211,360 $216,180 $190,000 -2.2% 11.2% 3.0% 13.1%
Mariposa $250,000 $237,500 $225,000 5.3% 11.1% -16.7% 42.9%
Mendocino $325,000 $341,180 $337,500 -4.7% -3.7% 9.1% 0.0%
Nevada $336,960 $350,000 $315,520 r -3.7% 6.8% 10.7% 3.9%
Plumas $260,000 $258,330 $255,000 r 0.6% 2.0% -29.2% -27.7%
Shasta $236,540 $235,940 $220,920 0.3% 7.1% -1.8% -0.9%
Siskiyou $186,000 $178,330 $161,670 4.3% 15.0% 12.2% 77.4%
Sutter $252,500 $230,000 $213,240 9.8% 18.4% 11.8% 10.1%
Tehama $190,000 $188,890 $160,000 0.6% 18.8% 0.0% -20.8%
Tuolumne $252,500 $248,440 $219,640 1.6% 15.0% -6.0% -13.7%
Yolo $378,380 $413,410 $344,740 -8.5% 9.8% -0.7% 24.6%
Yuba $219,050 $225,000 $210,940 -2.6% 3.8% -18.5% -14.3%


October 2015 County Unsold Inventory and Time on Market

(Regional and condo sales data not seasonally adjusted)

October-15 Unsold Inventory Index Median Time on Market
State/Region/County Oct-15 Sep-15   Oct-14   Oct-15 Sep-15   Oct-14  
CA SFH (SAAR) 3.7 3.7 3.8 35.5 32.6 38.7 r
CA Condo/Townhomes 3.0 2.8 3.2 r 31.7 29.6 37.3 r
Los Angeles Metropolitan Area 4.0 3.9 4.3 50.7 47.1 52.2
Inland Empire 4.5 4.4 4.7 52.0 48.9 55.3
S.F. Bay Area 2.5 2.5 2.1 r 23.4 22.3 24.4 r
S.F. Bay Area
Alameda 2.2 2.3 1.8 r 19.5 18.0 20.4 r
Contra-Costa 2.3 2.4 2.0 r 20.9 20.3 23.2 r
Marin 1.7 3.2 2.5 32.3 36.4 38.9
Napa 7.4 4.1 4.7 57.7 58.1 64.8
San Francisco 1.9 3.0 1.4 r 21.2 21.5 22.3 r
San Mateo 2.1 1.9 1.6 18.6 18.7 19.5
Santa Clara 2.2 2.1 1.8 20.6 19.1 20.9
Solano 3.1 2.8 2.4 41.1 41.2 45.0
Sonoma 3.2 3.6 3.2 48.2 45.9 50.2
Southern California
Los Angeles 3.7 3.7 3.9 45.6 42.1 45.5
Orange 3.9 3.7 4.1 56.7 53.0 62.3
Riverside 4.7 4.4 4.9 53.6 50.2 58.7
San Bernardino 4.3 4.3 4.5 49.2 46.5 49.6
San Diego 3.7 3.7 4.3 25.0 24.3 28.3
Ventura 3.7 3.7 4.4 58.8 52.4 63.0
Central Coast
Monterey 3.9 4.2 3.8 34.7 26.2 26.2
San Luis Obispo 4.1 4.3 4.3 40.3 42.4 50.2
Santa Barbara 4.8 4.6 4.4 39.5 33.9 41.5
Santa Cruz 3.2 2.8 3.1 25.9 25.2 33.7
Central Valley
Fresno 5.0 4.8 4.9 29.5 27.1 29.4
Glenn 4.6 5.8 5.5 45.5 31.0 47.9
Kern (Bakersfield) 4.1 3.7 r 3.8 r 29.0 26.0 27.0
Kings 3.6 3.2 3.6 24.1 33.3 44.5
Madera 7.5 8.0 4.9 54.9 75.5 47.3 r
Merced 4.3 4.1 3.9 34.0 38.3 46.3
Placer 3.2 3.2 3.5 27.4 25.5 29.6
Sacramento 2.7 2.7 3.3 23.5 22.4 25.8
San Benito 2.9 3.3 3.7 25.5 26.2 40.2
San Joaquin 3.1 3.1 3.4 23.9 23.1 25.5
Stanislaus 3.1 3.2 3.5 24.8 23.7 25.2
Tulare 4.5 4.6 4.4 31.0 32.6 42.8
Other Counties in California
Amador 6.7 5.9 5.9 93.1 63.9 65.8
Butte 3.4 4.2 3.6 r 36.2 39.1 40.3 r
Calaveras 5.3 6.3 7.1 r 67.2 69.5 57.8 r
Del Norte 5.8 10.1 8.6 r 123.1 84.2 122.3 r
El Dorado 4.6 4.4 4.3 51.3 46.8 55.1
Humboldt 3.5 4.9 5.4 49.7 46.5 52.4
Lake 6.7 6.8 7.2 76.4 94.6 80.0
Mariposa 11.8 9.8 12.3 91.0 31.0 124.6
Mendocino 7.7 8.8 7.4 72.6 76.8 91.0
Nevada 3.9 4.8 5.4 47.1 40.4 52.5 r
Plumas 10.2 8.8 8.1 124.1 126.8 126.5 r
Shasta 5.6 5.7 5.5 33.9 46.0 56.1
Siskiyou 5.5 6.8 12.4 87.1 78.4 45.5
Sutter 3.0 3.5 4.1 25.0 33.2 24.8
Tehama 6.0 6.6 4.5 r 55.9 41.9 45.5 r
Tuolumne 6.7 6.7 6.0 51.1 71.9 73.3
Yolo 2.8 3.0 3.4 24.9 24.0 23.3
Yuba 4.1 3.3 2.9 26.2 23.2 40.0

r = revised

 

Tahoe Donner – Newer Home with Expansive Views

Tahoe Donner - Newer Home with Expansive Views

……………………………….Tahoe Donner – Newer Home with Expansive Views…………………………………………

Incredible Newer Home with expansive views in a peaceful and serene setting. This newer home consists of 4 bedrooms, open kitchen and living room with vaulted ceilings and a separate game room. Perfect for entertaining with a spacious kitchen, large open living rooms and dining area, and beautiful bathrooms.Level driveway and easy winter access just minutes from Northwoods Dr. Don’t miss the extra 800 plus square feet of bonus area that can be turned into an additional master suite/office/bonus area.

Asking: $1,025,000  MLS #: 20153109

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

Click here for all Truckee Tahoe-Donner real estate cabins, condos & homes for sale.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Tahoe Donner Mountain Home with High Pine Ceilings

Tahoe Donner Mountain Home with High Ceilings

……………………………….Tahoe Donner Mountain Home with High Pine Ceilings……………………………………

MOUNTAIN SPLENDOR! This is such a wonderful home with a great floor plan and lots of pine accents. You will love the cozy but bright Great Room with high pine ceilings, river rock hearth and wood stove. The desirable kitchen has plenty of pine cabinets and you can seat many in the large dining area.  Enjoy a master suite on the 1st floor with its own deck backing up to the most beautiful forest setting & greenbelt area;2 large bedrooms & bath upstairs; 2 large decks for the best in outdoor living!  There is a large storage shed to store all your toys, patio furniture etc. It’s so nice to be able to walk outside of the main living area and enjoy the front or back yard setting! Building dept shows 1472 sq. ft, Assessor shows 1532 sq. ft. Buyer to verify. Home is not being sold on a sq. ft. basis.

Asking: $490,000  MLS #: 20153072

Click here for all Truckee Tahoe-Donner real estate cabins, condos & homes for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner – Single Story with Two En-Suite Masters

Tahoe Donner - Single Story with Two En-Suite Masters

……………………………….Tahoe Donner – Single Story with Two En-Suite Masters…………………………………..

Fabulous location and delightful single story living awaits in Tahoe Donner! Backing to the Oslo ~5 acre parcel, this wonderful cabin lives large! Spacious great room w/ wood burning stove, nice dining area, open floor plan kitchen, lots of windows & light, big mudroom/laundry room, wonderful & sunny rear deck with room to relax! Updated and meticulously cared for, you’ll enjoy two en-suite masters with large living spaces and a comfortable floor plan. Walk to Trout Creek Rec Center, golf, The Lodge & more!

Asking: $495,000  MLS #: 20153064

Click here for all Truckee Tahoe-Donner real estate cabins, condos & homes for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

Lahontan Mountain Home with 2 Master Suites for Sale

Lahontan Mountain Home Property for Sale

………………………………………Lahontan Mountain Home with 2 Master Suites for Sale…………………………….

Beautiful mountain home on large and sunny lot in Lahontan. Edging towards the mountain modern design, this home is a must see. Perfect floor plan for large group and even two families. It consists of five bedrooms, two master suites, separate game room off the expansive kitchen, and wrap around porch with sunken hot tub and outdoor barbecue area. Gorgeous finishes through out.

Asking $1,995,000 – MLS#: 20153102

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for all Truckee Lahontan real estate property for sale.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Carnelian Bay – Classic Tahoe A-Frame Cabin for Sale

Carnelian Bay - Classic Tahoe A-Frame Cabin for Sale

………………………………….Carnelian Bay – Classic Tahoe A-Frame Cabin for Sale……………………………………

Striking Classic Tahoe A-frame in prime north shore location! Enjoy a view of serene Lake Tahoe from the cozy living room or spacious front deck. Two story living room features floor to ceiling windows, stone masonry wood burning fireplace, and window ledge seating. Wrap around deck, large and level backyard, complete with spa, are ideal for entertaining or family play. Step across the street for easy access to pier! Offered furnished, this home is move-in ready, with sleeping room for eight, plus!

Asking: $549,000  MLS #: 20153104

Click here for more information and photos of all Carnelian Bay / Lake Tahoe real estate property for sale.

To see this Carnelian Bay Ridgewood Highlands real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International.

2015 Profile of Home Buyers and Sellers

2015 Profile of Real Estate Buyers and Sellers

Credit Knowledge and Confidence

Northstar California – Classic Mountain Home

Northstar California - Classic Mountain Home

…..Northstar California – Classic Mountain Home….

Classic mtn home, beautifully landscaped, private filtered views 12th fairway/greenbelt. Desirable open-spacious-vaulted floorplan, WB fireplace, hickory floors, alder cabs, gran countertops, spacious dining area & 2 sided breakfast bar. 3 BR en suite, master main level, jet tub, steam shower. Separate fam room w/gas fireplace, wetbar. 2 large decks, firepit. Upgrades thruout incl kit, baths, R38 comp roof, generator, furnace, window covs, lighting & more. Pride of ownership. Turn key. More photos to follow.

Asking: $995,000  MLS #: 20153058

Click here for more information and photos of all Northstar California real estate property for sale.

To see this Northstar classic mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Valley Associates.

Truckee / Lake Tahoe Real Estate Statistics

Information provided by the Tahoe Sierra Multiple Listing Service, Inc. is deemed reliable, but not guaranteed. For assistance, please consult a real estate professional.

2015 Quarterly Statistics
1st Quarter 2015 Totals by Area
1st Quarter 2015 Sold Analysis
2nd Quarter 2015 Totals by Area
2nd Quarter 2015 Sold Analysis
3rd Quarter 2015 Totals by Area
3rd Quarter 2015 Sold Analysis

2015 Monthly Statistics
January 2015
February 2015
March 2015
April 2015
May 2015
June 2015
July 2015
August 2015
September 2015
October 2015

2014 Annual Statistics
2014 Totals by Area
2014 Sold Analysis

2014 Quarterly Statistics
1st Quarter 2014 Totals by Area
1st Quarter 2014 Sold Analysis
2nd Quarter 2014 Totals by Area
2nd Quarter 2014 Sold Analysis
3rd Quarter 2014 Totals by Area
3rd Quarter 2014 Sold Analysis
4th Quarter 2014 Totals by Area
4th Quarter 2014 Sold Analysis

2014 Monthly Statistics
January 2014
February 2014
March 2014
April 2014
May 2014
June 2014
July 2014
August 2014
September 2014
October 2014

2013 Annual Statistics
2013 Totals by Area
2013 Sold Analysis

2013 Quarterly Statistics
1st Quarter 2013 Totals by Area
1st Quarter 2013 Sold Analysis
2nd Quarter 2013 Totals by Area
2nd Quarter 2013 Sold Analysis
3rd Quarter 2013 Totals by Area
3rd Quarter 2013 Sold Analysis
4th Quarter 2013 Totals by Area
4th Quarter 2013 Sold Analysis

2013 Monthly Statistics
January 2013
February 2013
March 2013
April 2013
May 2013
June 2013
July 2013
August 2013
September 2013
October 2013
November 2013
December 2013

2012 Annual Statistics
2012 Totals by Area
2012 Sold Analysis

2012 Quarterly Statistics
1st Quarter 2012 Totals by Area
1st Quarter 2012 Sold Analysis
2nd Quarter 2012 Totals by Area
2nd Quarter 2012 Sold Analysis
3rd Quarter 2012 Totals by Area
3rd Quarter 2012 Sold Analysis
4th Quarter 2012 Totals by Area
4th Quarter 2012 Sold Analysis

2012 Monthly Statistics
January 2012 Sales Statistics
February 2012 Sales Statistics 
March 2012 Sales Statistics
April 2012 Sales Statistics
May 2012 Sales Statistics
June 2012 Sales Statistics
July 2012 Sales Statistics
August 2012 Sales Statistics
September 2012 Sales Statistics
October 2012 Sales Statistics
November 2012 Sales Statistics
December 2012 Sales Statistics

2011 Annual Statistics
2011 Totals by Area
2011 Sold Analysis

2011 Quarterly Statistics
1st Quarter 2011 Totals by Area
1st Quarter 2011 Sold Analysis
2nd Quarter 2011 Totals by Area
2nd Quarter 2011 Sold Analysis
3rd Quarter 2011 Totals by Area
3rd Quarter 2011 Sold Analysis
4th Quarter 2011 Totals by Area
4th Quarter 2011 Sold Analysis

2011 Monthly Statistics
January 2011 Sales Statistics
February 2011 Sales Statistics
March 2011 Sales Statistics
April 2011 Sales Statistics
May 2011 Sales Statistics
June 2011 Sales Statistics
July 2011 Sales Statistics
August 2011 Sales Statistics
September 2011 Sales Statistics
October 2011 Sales Statistics
November 2011 Sales Statistics
December 2011 Sales Statistics

2010 Annual Statistics
2010 Totals by Area
2010 Sold Analysis

2010 Quarterly Statistics
1st Quarter 2010 Totals by Area
1st Quarter 2010 Sold Analysis
2nd Quarter 2010 Totals by Area
2nd Quarter 2010 Sold Analysis
3rd Quarter 2010 Totals by Area
3rd Quarter 2010 Sold Analysis
4th Quarter 2010 Totals by Area
4th Quarter 2010 Sold Analysis

2010 Monthly Statistics
January 2010 Sales Statistics
February 2010 Sales Statistics
March 2010 Sales Statistics
April 2010 Sales Statistics
May 2010 Sales Statistics
June 2010 Sales Statistics
July 2010 Sales Statistics
August 2010 Sales Statistics
September 2010 Sales Statistics
October 2010 Sales Statistics
November 2010 Sales Statistics
December 2010 Sales Statistics

2009 Annual Statistics
2009 Totals by Area
2009 Sold Analysis

2009 Quarterly Statistics
1st Quarter 2009 Totals by Area
1st Quarter 2009 Sold Analysis
2nd Quarter 2009 Totals by Area
2nd Quarter 2009 Sold Analysis
3rd Quarter 2009 Totals by Area
3rd Quarter 2009 Sold Analysis
4th Quarter 2009 Totals by Area
4th Quarter 2009 Sold Analysis

2009 Monthly Statistics
January 2009 Sales Statistics
February 2009 Sales Statistics
March 2009 Sales Statistics
April 2009 Sales Statistics
May 2009 Sales Statistics
June 2009 Sales Statistics
July 2009 Sales Statistics
August 2009 Sales Statistics
September 2009 Sales Statistics
October 2009 Sales Statistics
November 2009 Sales Statistics
December 2009 Sales Statistics

2008 Annual Statistics
2008 Totals by Area
2008 Sold Analysis

2008 Quarterly Statistics
1st Quarter 2008 Totals by Area
1st Quarter 2008 Sold Analysis
2nd Quarter 2008 Totals by Area
2nd Quarter 2008 Sold Analysis
3rd Quarter 2008 Totals by Area
3rd Quarter 2008 Sold Analysis
4th Quarter 2008 Totals by Area
4th Quarter 2008 Sold Analysis
2nd Quarter 2008 Sold Analysis

2008 Monthly Statistics
January 2008 Sales Statistics
February 2008 Sales Statistics
March 2008 Sold Statistics
April 2008 Sold Statistics
May 2008 Sold Statistics
June 2008 Sold Statistics
July 2008 Sales Statistics
August 2008 Sales Statistics
September 2008 Sales Statistics
October 2008 Sales Statistics
November 2008 Sales Statistics
December 2008 Sales Statistics

2007 Annual Statistics
2007 Sold Analysis
2007 Totals by Area

2007 Monthly Statistics
January 2007 Sales Statistics
February 2007 Sales Statistics
March 2007 Sales Statistics
April 2007 Sales Statistics
May 2007 Sales Statistics
June 2007 Sales Statistics
July 2007 Sales Statistics
August 2007 Sales Statistics
September 2007 Sales Statistics
October 2007 Sales Statistics
November 2007 Sales Statistics
December 2007 Sales Statistics

2007 Quarterly Statistics
1st Quarter 2007 Totals by Area
1st Quarter 2007 Sold Analysis
2nd Quarter 2007 Totals by Area
2nd Quarter 2007 Sold Analysis
3rd Quarter 2007 Totals by Area
3rd Quarter 2007 Sold Analysis
4th Quarter 2007 Sold Analysis
4th Quarter 2007 Totals by Area

2006 Monthly Statistics
January 2006 Sales Statistics
February 2006 Sales Statistics
March 2006 Sales Statistics
April 2006 Sales Statistics
May 2006 Sales Statistics
June 2006 Sales Statistics
July 2006 Sales Statistics
August 2006 Sales Statistics
September 2006 Sales Statistics
October 2006 Sales Statistics
November 2006 Sales Statistics
December 2006 Sales Statistics

2006 Quarterly Statistics
1st Quarter 2006 Sold Analysis
1st Quarter 2006 Totals by Area
2nd Quarter 2006 Sold Analysis
2nd Quarter 2006 Totals by Area
3rd Quarter 2006 Sold Analysis
3rd Quarter 2006 Totals by Area
4th Quarter 2006 Sold Analysis
4th Quarter 2006 Totals by Area

2006 Annual Statistics
2006 Sold Analysis
2006 Totals by Area

2005 Monthly Statistics
January 2005 Sales Statistics
February 2005 Sales Statistics
March 2005 Sales Statistics
April 2005 Sales Statistics
May 2005 Sales Statistics
June 2005 Sales Statistics
July 2005 Sales Statistics
August 2005 Sales Statistics
September 2005 Sales Statistics
October 2005 Sales Statistics
November 2005 Sales Statistics
December 2005 Sales Statistics

2005 Quarterly Statistics
1st Quarter 2005 Totals by Area
1st Quarter 2005 Sold Analysis
2nd Quarter 2005 Totals by Area
2nd Quarter 2005 Sold Analysis
3rd Quarter 2005 Totals by Area
3rd Quarter 2005 Sold Analysis
4th Quarter 2005 Totals by Area
4th Quarter 2005 Sold Analysis

2005 Annual Statistics
2005 Totals by Area
2005 Sold Analysis

2004 Monthly Statistics
January 2004 Sales Statistics
February 2004 Sales Statistics
March 2004 Sales Statistics
April 2004 Sales Statistics
May 2004 Sales Statistics
June 2004 Sales Statistics
July 2004 Sales Statistics
August 2004 Sales Statistics
September 2004 Sales Statistics
October 2004 Sales Statistics
November 2004 Sales Statistics
December 2004 Sales Statistics

2004 Quarterly Statistics
1st Quarter 2004 Totals by Area
1st Quarter 2004 Sold Analysis
2nd Quarter 2004 Totals by Area
2nd Quarter 2004 Sold Analysis
3rd Quarter 2004 Totals by Area
3rd Quarter 2004 Sold Analysis
4th Quarter 2004 Totals by Area
4th Quarter 2004 Sold Analysis

2004 Annual Statistics
2004 Sold Analysis
2004 Totals by Area

Placer County Real Estate Market Statistics

Placer County Real Estate Market Statistics

Placer County Real Estate Market Statistics

Nevada County Real Estate Market Statistics

Nevada County Real Estate Market Statistics

Nevada County Real Estate Market Statistics

Homeownership Benefits for Veterans

Top 10 Legal Mistakes Home Buyers Make

Top 10 Legal Mistakes Home Buyers Make

Top 10 Legal Mistakes Home Buyers Make

California’s Hot Real Estate Market

2016 Economic & Market Forecast

Backs to open space and an extensive trail system

Tahoe City - Talmont Home Backs to open space and trail system

………………………..Tahoe City – Talmont Home Backs to open space and trail system…………………………….

This 4 bedroom home is perfect for the family looking for easy access to trails and open space. Backs to open space and an extensive trail system. Paige Meadows is a short hike, ski, or snowshoe away. This home was dramatically upgraded and now showcases an exposed truss ceiling in the upper living areas and master bedroom. New wood and stone floors and a bright kitchen complete the fresh look. Access to the Tahoe Park HOA Beach make this the perfect all-season lake and mountain getaway.

Asking: $899,000  MLS #: 20153001

Click here for more information and photos of all Dollar Point / Tahoe City / Sunnyside real estate property for sale.

To see this Talmont Tahoe City estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int. Realty.

Schaffer’s Mill Mountain Lodge – includes Base Camp at Northstar

Schaffer's Mill Mountain Lodge - includes Northstar Base Camp

………………………..Schaffer’s Mill Mountain Lodge – includes Base Camp at Northstar…………………………….

Priced well below the newest releases at Schaffer’s Mill, this is an amazing opportunity to own a newer mountain lodge overlooking the 7th green. This 3-bedroom, 2.5 bath, 2 car garage is being offered turn-key and in immaculate condition! Live the resort lifestyle while enjoying all the amenities Schaffer’s Mill has to offer, including our Base Camp lodge at Northstar and shuttle service to and from the slopes!

Asking: $1,150,000  MLS #: 20152995

Click here for more information and photos of all Schaffer’s Mill real estate property for sale.

To see this Schaffer’s Mill estate property for sale, please call Scott Kennedy @ 530.582.9980.

.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Schaffers Mill Real Estate.

Squaw Valley – Sunny Home with Painted Rock Views

Squaw Valley - Sunny Home with Painted Rock Views

……………………………………Squaw Valley – Sunny Home with Painted Rock Views………………………………….

Sunny Squaw 4 Bedroom/3 Bath family home located in gated neighborhood but no HOA fees. Open family living area boasts Painted Rock Ridge & Burnham Hill views, wood fireplace & front & back decks. Vaulted pine ceilings, recessed lighting & ceiling fans to keep you warm in winter & cool in summer. Kitchen has stainless appliances including Jenn-Air gas range, granite counters and breakfast bar to feed the troops on their way to the slopes.  Master suite with double vanity, separate shower & jetted tub.

Asking: $1,288,000  MLS #: 20152981

Click here for more information and photos of all Squaw Valley real estate property for sale.

To see this Squaw Valley real estate property for sale, please call Scott Kennedy @ 530.582.9980.

.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Pacific Union International.

Tahoe Donner Cabin with Great Rental History

Tahoe Donner Cabin with Great Rental History

…………………………………Tahoe Donner Cabin with Great Rental History……………………………………………..

Here’s a wonderful cabin with a great rental history! Clean as a whistle and located in mid-Tahoe Donner on prestigious Greenleaf, you’ll enjoy light & lots of space w/ plenty of room for family & friends! Lovely great room filled w/ windows & gas fireplace, nice kitchen, HUGE loft for the kids, BIG upstairs master, 2 bedrooms downstairs, library area, full laundry room, BONUS room (office/extra bedroom) & large garage. Spacious deck for easy indoor-outdoor living plus a super location, flat driveway. Wow!

Asking: $589,500  MLS #: 20152942

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

C.A.R. releases its 2016 housing market forecast

For release:
October 8, 2015

C.A.R. releases its 2016 California Housing Market Forecast

California home sales to increase slightly, while prices post slowest gain in five years

LOS ANGELES (Oct. 8) – California’s housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability also will persist, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016 California Housing Market Forecast,” released today.

The C.A.R. forecast sees an increase in existing home sales of 6.3 percent next year to reach 433,000 units, up from the projected 2015 sales figure of 407,500 homes sold.  Sales in 2015 also will be up 6.3 percent from the 383,300 existing, single-family homes sold in 2014.

“Solid job growth and favorable interest rates will drive a strong demand for housing next year,” said C.A.R. President Chris Kutzkey.  “However, in regions where inventory is tight, such as the San Francisco Bay Area, sales growth could be limited by stiff market competition and diminishing housing affordability. On the other hand, demand in less expensive areas such as Solano County, the Central Valley, and Riverside/San Bernardino areas will remain strong thanks to solid job growth in warehousing, transportation, logistics, and manufacturing in these areas.”

C.A.R.’s forecast projects growth in the U.S. Gross Domestic Product of 2.7 percent in 2016, after a projected gain of 2.4 percent in 2015.  With nonfarm job growth of 2.3 percent in California, the state’s unemployment rate should decrease to 5.5 percent in 2016 from 6.3 percent in 2015 and 7.5 percent in 2014.

The average for 30-year, fixed mortgage interest rates will rise only slightly to 4.5 percent but will still remain at historically low levels.

The California median home price is forecast to increase 3.2 percent to $491,300 in 2016, following a projected 6.5 percent increase in 2015 to $476,300.  This is the slowest rate of price appreciation in five years.

“The foundation for California’s housing market remains strong, with moderating home prices, signs of credit easing, and the state continuing to lead the nation in economic and job growth,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “However, the global economic slowdown, financial market volatility, and the anticipation of higher interest rates are some of the challenges that may have an adverse impact on the market’s momentum next year. Additionally, as we see more sales shift to inland regions of the state, the change in mix of sales will keep increases in the statewide median price tempered.”

2016 California Housing Market Forecast

  2010 2011 2012 2013 2014 2015p 2016f
SFH Resales (000s) 416.5 422.6 439.8 414.9 383.3 407.5 433.0
% Change -12.30% 1.40% 4.10% -5.90% -7.60% 6.30% 6.30%
Median Price ($000s) $305.0 $286.0 $319.3 $407.2 $447.0 $476.3 $491.3
% Change 10.9% -6.2% 11.6% 27.5% 9.8% 6.5% 3.2%
Housing Affordability Index 48% 53% 51% 36% 30% 31% 27%
30-Yr FRM 4.70% 4.50% 3.70% 4.00% 4.20% 3.90% 4.50%

p = projected
f = forecast

Leading the way …® in real estate news and information for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with more than 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

September pending sales and Market Pulse Survey

For release:
October 22, 2015

California pending home sales a mixed bag in September

Central Valley and Bay Area regions move higher, Southern California records drop

LOS ANGELES (Oct. 22) – Pending home sales results varied across California in September, decreasing statewide and in Southern California, but increasing in the Central Valley and San Francisco Bay Area, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. All regions recorded year-over-year improvements, though.

In a separate report, California REALTORS® responding to C.A.R.’s September Market Pulse Survey saw an increase in sales with multiple offers compared with August and an increase in all cash purchases. However, floor calls and open house traffic declined, reflecting seasonal factors as the market enters the end of the home-buying season. The Market Pulse Survey is a monthly online survey of more than 300 California REALTORS®, which measures data about their last closed transaction and sentiment about business activity in their market area for the previous month and the last year.

Pending home sales data:

• Statewide pending home sales decreased in September, with the Pending Home Sales Index (PHSI)* decreasing 1.5 percent from a revised 112.4 in August to 110.8 in September, based on signed contracts. The month-to-month decline was better than the average August- to-September loss of 3.4 percent observed in the last seven years.

• On an annual basis, statewide pending home sales were up 10.9 percent from the revised 99.9 index recorded in September 2014. Pending sales have been increasing on a year-over-year basis since September 2014 and have seen double-digit increases for eight straight months.

• At the regional level, pending sales were higher on a year-over-year basis in all areas, with Southern California and Central Valley both increasing by more than 10 percent over September a year ago.

• San Francisco Bay Area pending sales rose 4.6 percent to reach an index of 125.2 in September, up 4.6 percent from August’s 119.7 and up 4.6 percent from September 2014’s 119.7 index.

• Pending home sales in Southern California decreased to 85.9 in September, down 8.9 percent from 94.3 in August but up 10.2 percent from an index of 78 a year ago.

• Central Valley pending sales increased in September to reach an index of 103.9, up 4.6 percent from August’s 99.3 index and 14.1 percent from September 2014’s 91.1 index.

Equity and distressed housing market data:

• The share of equity sales – or non-distressed property sales – reached its highest level since the fall of 2007. Short sales continued to decline, while REO sales inched up slightly from August. Equity sales now make up 94.1 percent of all sales, up from 91.3 percent a year ago.

• Conversely, the combined share of all distressed property sales (REOs and short sales) fell in September to 5.9 percent of total sales, down from 8.7 percent a year ago.

• Twenty-one of the 44 counties that C.A.R. reports showed month-to-month decreases in their share of distressed sales, with Mendocino having the smallest share of distressed sales at 0 percent, followed by San Mateo (1 percent), San Francisco (1.3 percent) and Santa Clara (1.3 percent). Mariposa County had the highest share of distressed sales at 25 percent, followed by Lake (16.4 percent) and Tehama (15.8 percent).

September REALTOR® Market Pulse Survey**:

• Nearly one in four homes (23 percent) closed above asking price in September, but twice that amount (46 percent) closed below asking price, and nearly a third (31 percent) closed at asking price.

• For the one in four homes that sold above asking price, the premium paid over asking price increased to an average of 11 percent, up from 8.2 percent in August and up from 8.1 percent in September 2014.

• The 46 percent of homes that sold below asking price sold for an average of 10 percent below asking price in September, up from 11 percent in August but down from 5.8 percent in September 2014.

• The share of properties receiving multiple offers increased in September to 63 percent, up from 58 percent in August and 58 percent in September 2014.

• The average number of offers per property was unchanged at 2.4 in September and up minimally from 2.2 in September 2014.

• REALTOR® respondents reported that floor calls, listing appointments, and open house traffic all declined in September, reflecting the start of the off-peak home-buying season.

• When asked what REALTORS®’ biggest concerns are, more than one in five (22 percent) indicated a lack of housing inventory, 21 percent said low housing affordability, 15 percent cited a slowdown in economic growth, and another 12 percent said overinflated home prices.

Graphics (click links to open):

• Pending home sales by region.
• Fewer transactions closing above asking price.
• Premium paid over asking price.
• REALTORS®’ biggest concerns.

*Note:  C.A.R.’s pending sales information is generated from a survey of more than 70 associations of REALTORS® and MLSs throughout the state.  Pending home sales are forward-looking indicators of future home sales activity, offering solid information on future changes in the direction of the market.  A sale is listed as pending after a seller has accepted a sales contract on a property.  The majority of pending home sales usually becomes closed sales transactions one to two months later.  The year 2008 was used as the benchmark for the Pending Homes Sales Index.  An index of 100 is equal to the average level of contract activity during 2008.

**C.A.R.’s Market Pulse Survey is a monthly online survey of more than 300 California REALTORS® to measure data about their last closed transaction and sentiment about business activity in their market area for the previous month and the last year.

Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 175,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Nevada County Real Estate Market Statistics

Nevada County Real Estate Market Statistics

…………………………………………………………….Nevada County Real Estate Market Statistics………………………………………………………….

Placer County Real Estate Market Statistics

Placer County Real Estate Sales Statistics

…………………………………………………………………Placer County Real Estate Sales Statistics………………………………………………………….

Existing-Home Sales Regain Momentum in September

WASHINGTON (October 22, 2015) — Existing–home sales rebounded strongly in September following August’s decline and have now increased year–over–year for 12 consecutive months, according to the National Association of Realtors®. All four major regions experienced sales gains in September.

Total existing–home sales1, which are completed transactions that include single–family homes, townhomes, condominiums and co–ops, increased 4.7 percent to a seasonally adjusted annual rate of 5.55 million in September from a slightly downwardly revised 5.30 million in August, and are now 8.8 percent above a year ago (5.10 million).

Lawrence Yun, NAR chief economist, says a slight moderation in home prices in some markets and mortgage rates remaining below 4 percent gave more households the confidence to close on a home last month. “September home sales bounced back solidly after slowing in August and are now at their second highest pace since February 2007 (5.79 million),” he said. “While current price growth around 6 percent is still roughly double the pace of wages, affordability has slightly improved since the spring and is helping to keep demand at a strong and sustained pace.”

The median existing–home price2 for all housing types in September was $221,900, which is 6.1 percent above September 2014 ($209,100). September’s price increase marks the 43rd consecutive month of year–over–year gains.

Total housing inventory3 at the end of September decreased 2.6 percent to 2.21 million existing homes available for sale, and is now 3.1 percent lower than a year ago (2.28 million). Unsold inventory is at a 4.8–month supply at the current sales pace, down from 5.1 months in August.

“Despite persistent inventory shortages, the housing market has made great strides this year, backed by an increasing share of pent–up sellers realizing the increased equity they’ve gained from rising home prices and using it towards trading up or moving into a smaller home,” says Yun. “Unfortunately, first–time buyers are still failing to generate any meaningful traction this year.”

First–time buyers fell to 29 percent of sales in September after climbing to their highest share of the year in August (32 percent). A year ago, first–time buyers represented 29 percent of all buyers.

NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., says Realtors® strongly back the passing of H.R. 3700, the “Housing Opportunity Through Modernization Act of 2015.” Polychron testified in support of the bill yesterday before the U.S. House Financial Services Subcommittee on Housing and Insurance.

“This bill helps expand homeownership and rental housing opportunities at all levels and specifically includes changes to Federal Housing Administration policies that limit the flexible and affordable financing needed by many potential condo buyers — especially first–time buyers.”

All–cash sales rose to 24 percent of transactions in September (22 percent in August) and are unchanged from a year ago. Individual investors, who account for many cash sales, purchased 13 percent of homes in September, up from 12 percent in August but down from 14 percent a year ago. Sixty–seven percent of investors paid cash in September.

According to Freddie Mac, the average commitment rate for a 30–year, conventional, fixed–rate mortgage remained below 4 percent for the second consecutive month, declining slightly in September to 3.89 from 3.91 percent in August. A year ago, the average commitment rate was 4.16 percent.

Properties typically stayed on the market for 49 days in September, an increase from 47 days in August but below the 56 days in September 2014. Short sales were on the market the longest at a median of 135 days in September, while foreclosures sold in 57 days and non–distressed homes took 48 days. Thirty–eight percent of homes sold in September were on the market for less than a month.

Distressed sales4 — foreclosures and short sales — remained at 7 percent in September for the third consecutive month; they were 10 percent a year ago. Six percent of September sales were foreclosures and 1 percent (lowest since NAR began tracking in October 2008) were short sales. Foreclosures sold for an average discount of 17 percent below market value in September (18 percent in August), while short sales were discounted 19 percent (12 percent in August).

Single–family and Condo/Co–op Sales
Single–family home sales rose 5.3 percent to a seasonally adjusted annual rate of 4.93 million in September from 4.68 million in August, and are now 9.6 percent above the 4.50 million pace a year ago. The median existing single–family home price was $223,500 in September, up 6.6 percent from September 2014.

Existing condominium and co–op sales were at a seasonally adjusted annual rate of 620,000 units in September (unchanged from August), and are up 3.3 percent from September 2014 (600,000 units). The median existing condo price was $209,200 in September, which is 1.9 percent above a year ago.

Regional Breakdown
September existing–home sales in the Northeast jumped 8.6 percent to an annual rate of 760,000, and are 11.8 percent above a year ago. The median price in the Northeast was $256,500, which is 4.0 percent above September 2014.

In the Midwest, existing–home sales climbed 2.3 percent to an annual rate of 1.31 million in September, and are 12.0 percent above September 2014. The median price in the Midwest was $174,400, up 5.4 percent from a year ago.

Existing–home sales in the South rose 3.8 percent to an annual rate of 2.21 million in September, and are 5.7 percent above September 2014. The median price in the South was $191,500, up 6.2 percent from a year ago.

Existing–home sales in the West increased 6.7 percent to an annual rate of 1.27 million in September, and are 9.5 percent above a year ago. The median price in the West was $318,100, which is 8.0 percent above September 2014.

# # #

NOTE: For local information, please contact the local association of Realtors® for data from local multiple listing services. Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.

1Existing–home sales, which include single–family, townhomes, condominiums and co–ops, are based on transaction closings from Multiple Listing Services. Changes in sales trends outside of MLSs are not captured in the monthly series. NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.

Existing–home sales, based on closings, differ from the U.S. Census Bureau’s series on new single–family home sales, which are based on contracts or the acceptance of a deposit. Because of these differences, it is not uncommon for each series to move in different directions in the same month. In addition, existing–home sales, which account for more than 90 percent of total home sales, are based on a much larger data sample — about 40 percent of multiple listing service data each month — and typically are not subject to large prior–month revisions.

The annual rate for a particular month represents what the total number of actual sales for a year would be if the relative pace for that month were maintained for 12 consecutive months. Seasonally adjusted annual rates are used in reporting monthly data to factor out seasonal variations in resale activity. For example, home sales volume is normally higher in the summer than in the winter, primarily because of differences in the weather and family buying patterns. However, seasonal factors cannot compensate for abnormal weather patterns.

Single–family data collection began monthly in 1968, while condo data collection began quarterly in 1981; the series were combined in 1999 when monthly collection of condo data began. Prior to this period, single–family homes accounted for more than nine out of 10 purchases. Historic comparisons for total home sales prior to 1999 are based on monthly single–family sales, combined with the corresponding quarterly sales rate for condos.

2The median price is where half sold for more and half sold for less; medians are more typical of market conditions than average prices, which are skewed higher by a relatively small share of upper–end transactions. The only valid comparisons for median prices are with the same period a year earlier due to seasonality in buying patterns. Month–to–month comparisons do not compensate for seasonal changes, especially for the timing of family buying patterns. Changes in the composition of sales can distort median price data. Year–ago median and mean prices sometimes are revised in an automated process if additional data is received.

The national median condo/co–op price often is higher than the median single–family home price because condos are concentrated in higher–cost housing markets. However, in a given area, single–family homes typically sell for more than condos as seen in NAR’s quarterly metro area price reports.

3Total inventory and month’s supply data are available back through 1999, while single–family inventory and month’s supply are available back to 1982 (prior to 1999, single–family sales accounted for more than 90 percent of transactions and condos were measured only on a quarterly basis).

4Distressed sales (foreclosures and short sales), days on market, first–time buyers, all–cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index, posted at Realtor.org.

NOTE: The Pending Home Sales Index for September will be released October 29, and Existing–Home Sales for October will be released November 23; release times are 10:00 a.m. ET.

Alpine Meadows Custom Mountain Home

Alpine Meadows Custom Mountain Home

…………………………………………. Alpine Meadows Custom Mountain Home …………………………………………..

A Total conversion done by Kathy Nason of Spirit Design on this David Tucker original. A true city dweller’s Mountain Fantasy, featured in 2011 Tahoe Quarterly Magazine. The result is a blend of finishes such as cherry cabinetry and doors, custom steel stair railings and columns, walnut floors and reclaimed cherry ceilings. Even the exterior was redone with reclaimed Wyoming snow fence siding. Come, open the Red door and visit this mountain masterpiece.

Asking: $1,250,000  MLS #: 20152920

Click here for more information and photos of all Alpine Meadows real estate property for sale.

To see this Alpine Meadows real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Tahoe Donner Custom Mountain Home for Sale

Tahoe Donner Custom Home for Sale

…………………………………….Tahoe Donner Custom Home for Sale…………………………………….

This absolutely stunning custom home awaits your family! Offering amazing craftsmanship and exquisite finishes, you’ll enjoy 3,434 s.f. of luxury amidst this well designed chalet. Four bedrooms, 3.5 baths, massive great room/dining filled with light, chef’s kitchen offering gorgeous cabinetry, spacious upstairs executive office/family room with gas fireplace, downstairs pool table/game room, 2 master suites (1 on main living, 1 downstairs), big finished storage area, large garage. Fantastic neighborhood!

Asking: $1,225,000  MLS #: 20152904

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

Top 10 Home Projects to Recoup Costs at Resale

Top 10 Home Projects to Recoup Costs at Resale

Top 10 Home Projects to Recoup Costs at Resale

Truckee Amazing Home on 5 Acres – Equestrian / Horse Property

Truckee Equestrian Horse Property on 5 Acres

…………………….Truckee Amazing Home on 5 Acres – Equestrian / Horse Property………………………………..

Must see this amazing home sitting on 5 serene acres a short car ride from downtown Truckee. The perfect property for horses, a construction business or just a need for a lot of land. This home has stunning views of the meadow off the back balcony while sitting in the hot tub. It features beautiful hardwood floors, great views from every window and a large garage with ample storage room. Surrounded with beautiful pines this home is great for entertaining indoors and outdoors. A great & spacious property.

Asking: $850,000  MLS #: 20152884

Click here for information and photos of other Truckee real estate property for sale.

To see this Truckee Martiswoods Estates real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Truckee Mountain Home on Quiet Cul-de-Sac

Truckee Mountain Home on Quiet Cul-de-Sac

……………………………………..Truckee Mountain Home on Quiet Cul-de-Sac…………………………………………..

Tucked away in one of Truckee’s most sought-after neighborhoods, Martiswoods Estates. Newer home offering great room with high quality remodeled custom kitchen, hardwood floors, 3 bd, 2 ba main floor plus huge family room and full bath on lower level. 2 car attached garage plus an additional detached heated 2 car garage with spacious in-law studio with bath above. The nicely wooded nearly level .93 acre lot is beautifully landscaped. You will fall in love
with the quiet private cul de sac setting.

Asking: $1,099,000  MLS #: 20152888

Click here for information and photos of all Truckee Martiswoods Estates real estate property for sale.

To see this Truckee Martiswoods Estates real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Tahoe Truckee Homes Inc.

Alpine Meadows Custom Mountain Home for sale

Alpine Meadows Custom Mountain Home for sale

…………………………………..Alpine Meadows Custom Mountain Home for sale………………………………………..

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From the first moment you enter this custom mountain home you are enveloped by the picturesque mountain views and draped in an abundance of natural light and custom craftsmanship. Fabulous floor plan with a great room, family room and three en-suite bathrooms. Adorned with alder doors and trim, hardwood floors, log accents, gourmet kitchen w/granite slab counters and center island, sauna, multiple view decks, level entry. Lifetime memories will be made here in this meticulously cared for home.

Asking: $1,349,000  MLS #: 20152898

Click here for more information and photos of all Alpine Meadows real estate property for sale.

To see this Alpine Meadows real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int. Realty.

Tahoe Donner – Wonderfully Designed and Unique Home

Tahoe Donner - Wonderfully Designed and Unique Home

……………………………….Tahoe Donner – Wonderfully Designed and Unique Home………………………………..

Wonderfully designed and unique home, set perfectly in a prestigious & peaceful neighborhood, adjacent to other fine properties… Lots for all the family & guests to enjoy, with a lovely sunny & level landscaped back yard with gas fire pit & spa on the covered & private deck… Beautiful floors & the finest of fixtures, fittings & materials are employed throughout this fine property… 2 fireplaces, 2 master suites, a well equipped kitchen, fun family room & loft area afford both public & private spaces.

Asking: $1,499,000  MLS #: 20152901

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner – New Construction w/ 2-Masters & Large Garage

Tahoe Donner - New Construction with 2-Masters & Large Garage

……………………….Tahoe Donner – New Construction with 2-Masters & Large Garage…………………………..

Gorgeous, NEW, & finished with craftsman level construction, this beautiful Chalet offers a rare design with FIVE bedrooms (2+ en-suite masters), BIG downstairs family room, lots of light & nestled in a private setting adjacent to forest land/trails in mid-Tahoe Donner. Enjoy the open floor plan, chef’s kitchen, spacious dining, gas fireplace, hickory floors, spacious deck for year ’round living. Extra large, deep garage for your boat & toys too! Terrific for 2 families, w/ plenty of room for everyone! WOW!

Asking: $997,000  MLS #: 20152685

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

Northstar California Home on Beaver Pond

Northstar California Home on Beaver Pond

…………………………………………..Northstar California Home on Beaver Pond………………………………………….

Desirable, level access location on the outside of the Beaver Pond loop and backing to a stream and open land. Classic mountain home with natural wood interior, 4 bedrooms plus a loft, 3 baths and an oversized 1 car garage affording good storage. The home has been well cared for with newer roof, furnace, appliances, granite counters and brand new carpet throughout. May be purchased fully equipped and ready to enjoy this upcoming season. Access to all the wonderful NPOA amenities and shuttle service!!

Asking: $835,000  MLS #: 20152843

Click here for more information and photos of all Northstar California real estate property for sale.

To see this Northstar classic mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sheridan Brokers Northstar R.E.

“Chalet Blue”: Bavarian style home in Tahoe City

"Chalet Blue" Bavarian style home in Tahoe City

………………………………….. “Chalet Blue” Bavarian style home in Tahoe City………………………………………….

“Chalet Blue”: a Bavarian style home in the heart of Tahoe City.Great location walking distance to nearby Paige Meadows trails, sled hill, Tahoe house, or into town for shopping & dining. 3 Large bedrooms with high ceilings, multiple closets & storag. 2 More bedrooms:1 ensuite off the garage that could make a great bunk/game room. Additional workshop, covered storage space under the deck, and a single bay garage space*. Deck off bedroom, deck off kitchen, HUGE deck on the front with party cabana w/ electric

Asking: $499,000  MLS #: 20152803

Click here for more information and photos of all Northstar real estate property for sale.

To see this Tahoe City Bavarian-style mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.- CBL.

Northstar Home with Vaulted Ceilings & Quiet Location

Northstar Home - Quiet Location with Vaulted Ceilings

…………………………… Northstar Home – Quiet Location with Vaulted Ceilings ………………………………………

Enjoy all that Northstar has to offer from this beautifully appointed home in a quiet location at the end of Basque Drive. The seller has made many new renovations and modifications including adding a “Den” off the downstairs hallway, all new furnishings and converting a hall closet into a wine closet complete with storage racks and a wine refrigerator. This home features vaulted ceilings and a spacious living room, dining room and kitchen all open to each other & 2 furnaces to keep you toasty in winter!

Asking: $1,500,000  MLS #: 20152790

Click here for more information and photos of all Northstar real estate property for sale.

To see this Northstar classic mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sheridan Brokers Northstar R.E.

Tahoe Donner Tree House, nestled in the woods

Tahoe Donner Tree House, nestled in the woods

……………………………………..Tahoe Donner Tree House, nestled in the woods………………………………………..

Take a look at this Tahoe Donner Tree House, nestled in the woods. This sweet A Frame retreat is ready for its new owner. Classic open floor plan living!  Big windows, tons of sun, 3 bedrooms with a loft, this is the perfect home for easy living or vacation use! Updated kitchen, 2 bedrooms down. master upstairs, with a loft. Freshly painted, new carpet, with updated finishes and appliances. A wonderful sunny flat lot with large deck and garage, you’ll love the setting and neighborhood.

Asking: $535,000  MLS #: 20152760

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Truckee Tahoe Donner cabin / home, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – Truckee.

Northstar Classic Mountain Home

Northstar Classic Mountain Home

………………………………………Northstar Classic Mountain Home…………………………………………

Classic mountain home with plenty of room for the entire family. Three wood-burning fireplaces, an enclosed hot tub and a bright eat-in country kitchen with hickory floors and honed granite countertops. Spacious living/dining area is ideal for entertaining. Separate family room for the kids or pool table or? Lovely patio in quiet setting. Northstar’s recreation is just minutes away – swimming, tennis, exercise room, golf, ski resort and village. Impeccably maintained by original owners. Classic Northstar!

Asking: $1,200,000  MLS #: 20152745

Click here for more information and photos of all Northstar real estate property for sale.

To see this Northstar classic mountain home for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TC.

Tahoe Donner – Open Kitchen & Living Room with Vaulted Ceilings

 

Tahoe Donner - Open Kitchen & Living Room with Vaulted Ceilings

…………………………….Tahoe Donner – Open Kitchen & Living Room with Vaulted Ceilings…………………….

Fantastic Home in a Fantastic Location! This wonderful home gives you easy access to both indoor and outdoor living. Enjoy 2 large sunny decks, open kitchen and living area, 3 great sized bedrooms, bonus loft and office or 4th bedroom leading to the back deck. The vaulted ceilings and several windows give ample light for a relaxing environment. 2 car garage with outlet for electric cars! Only a short distance to the golf course, Trout Creek Rec Center, Z Market, the Lodge Restaurant and so much more!

Asking: $565,000  MLS #: 20152732

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Donner Lake Home with Views

Donner Lake Home with Views

                                                                    Donner Lake Home with Views

This absolutely darling Donner Lakeview home has everything you could want in a full time residence or vacation getaway. Lovely views of sparkling Donner Lake & Schallenberger Ridge from every room with public dock across the street. Featuring a sunny great room with access to front deck that expands the length of the home, wet bar, loft, wood storage and 456 sq.ft. bonus room w/half bath over garage. Plenty of parking, scenic back yard w/seasonal creek, storage & more!

Asking: $685,000  MLS #: 20152719

Click here for more information and photos of Truckee Donner Lake real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Truckee Prosser – Chalet / Great Room Design on Corner Lot

Truckee Prosser - Chalet / Great Room Design on Corner Lot

                                 Truckee Prosser – Chalet / Great Room Design on Corner Lot

Popular Chalet/Greatroom design on a nice corner lot with great access. Exterior just washed & sealed, interior just painted. Bright and well proportioned, upstairs is Greatroom with kitchen & dining, front deck access, woodstove, half bath, laundry room, master suite with walk in closet and full master bathroom. Downstairs are 2 good sized bedrooms, a full bathroom and garage access. Abundant storage throughout. This is a clean, practical, roomy, proven snow design ready to move in. Easy to love this one.

Asking: $510,000  MLS #: 20152710

Click here for more information and photos of other Truckee Prosser Area real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Tahoe Donner – New Construction with 2-Masters & Large Garage

Tahoe Donner - New Construction with 2-Masters & Large Garage

Tahoe Donner – New Construction with 2-Masters & Large Garage

Gorgeous, NEW, & finished with craftsman level construction, this beautiful Chalet offers a rare design with FIVE bedrooms (2+ en-suite masters), BIG downstairs family room, lots of light & nestled in a private setting adjacent to forest land/trails in mid-Tahoe Donner. Enjoy the open floor plan, chef’s kitchen, spacious dining, gas fireplace, hickory floors, spacious deck for year ’round living. Extra large, deep garage for your boat & toys too! Terrific for 2 families, w/ plenty of room for everyone! WOW!

Asking: $997,000  MLS #: 20152685

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – TK2.

Truckee – New Home with Views of Northstar

Truckee Mountain Home Real Estate Property for Sale

Truckee Mountain Home Real Estate Property for Sale

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BRAND NEW picturesque home nestled in the majestic trees with views of Northstar and the surrounding area. 18′ ceiling in the stately main living area offers a spacious kitchen with Jade Green granite counters, alder cabinets, beautiful wood flooring. An extraordinary amount of natural light coming from an abundance of windows and a beautiful custom stone fireplace. This stylish home has two master suites, two guest rooms, family room, and an amazing 500sq bonus area under garage that is all set to finish!

 

Asking: $850,000  MLS #: 20152477

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Truckee real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Carnelian Bay Ridgewood Highlands home for sale

Carnelian Bay Ridgewood Highlands home for sale

Carnelian Bay Ridgewood Highlands home for sale

Split Level Mountain home in a desirable neighborhood of North Lake Tahoe. This spacious home offers four Bedrooms, two and a half baths, and Recreation Room. Additional features include a laundry room, walk-in pantry, stone entry at the garage and front door, center island cook-top and a impressive stone fireplace. The upper-level great room has a treetop feel and a filtered lake view. The dining area flows to the back deck over looking the forest.

Asking: $1,075,000  MLS #: 20152688

Click here for more information and photos of all Carnelian Bay / Lake Tahoe real estate property for sale.

To see this Carnelian Bay Ridgewood Highlands real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TC.

Tahoe Donner 5-Bedroom with All Day Sun & Views

Tahoe Donner 5-Bedroom with All Day Sun & Views

Tahoe Donner 5-Bedroom with All Day Sun & Views

5 Bedroom Tahoe Donner home on quiet street near the x-country center & trails w/ 2 master suites, rec room with 9′ ceilings & fireplace, all day sun & views of Frog Lake Cliffs. Features include alder doors, cabinets & trim, stainless steel appliances, granite counters, wood sash windows, granite hearth w/gas fireplace, newly refinished white oak flooring, airlock entry w/ sierra antique floors, master bath w/ radiant heated floors, dual head shower w/ body massage. Storage room off the 5th bedroom.

Asking: $1,150,000  MLS #: 20152680

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner Single-Story Home for Sale

Tahoe Donner Single-Story Home for Sale

Tahoe Donner Single-Story Home for Sale

A delightful single story home with very popular floor plan. Beautiful hardwood floors in kitchen and dining area. The comfortable master features a handsome Cherry wood built in. Garage includes cabinets for easy storage. Enjoy the spacious rear deck perfect for entertaining.

Asking: $497,000  MLS #: 20152636

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Tahoma Lake Tahoe Mountain Home for Sale

Tahoma Westlake Village Mountain Home for Sale

Tahoma Lake Tahoe Mountain Home for Sale

One of the most lovey properties in the neighborhood. Living room includes cathedral ceilings w/ rustic wood beams, copper accented ceilings, railings & spindles. Dining has pine floors & direct access to front deck. Kitchen has high end appliances & is open to dining & family room. Family room has access to back deck & yard. There are 2 staircases to the upper level where you’ll find a huge master suite & bath, 2 guest beds & another bath. 1/2 mile to Chambers & 1 1/2 miles to Homewood. Easy winter access.

Asking: $798,000  MLS #: 20152649

Click here for more information and photos of all Lake Tahoe Sunnyside / Homewood / Tahoma real estate property for sale.

To see this Tahoma property, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Alpine Meadows – End of Cul-de-Sac & Close to Skiing

 

Alpine Meadows real estate property for sale.

Alpine Meadows real estate property for sale.

 Retreat to this fantastic Alpine Meadows home, where you will have more than enough space for all to come! Comfortable living with breathtaking views will make this a hard place to ever leave. This home was made to entertain large groups, with a wonderful kitchen that opens to the living area and fantastic deck. Everyone will enjoy the large game room, close proximity to skiing, hiking and biking trails and privacy that comes with being situation at the end of a cul-de-sac.

Asking: $1,700,000  MLS #: 20152610

Click here for more information and photos of all Alpine Meadows real estate property for sale.

To see this Alpine Meadows property, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Alain Pinel Realtors.

Tahoe Donner – backs to Alder Creek and Ski Hill

Tahoe Donner Mountain Home - backs to Alder Creek and Ski Hill

Tahoe Donner Mountain Home – backs to Alder Creek and Ski Hill

Backs to Alder Creek and Ski Hill. This charming mountain design really works! You’ll enjoy the convenience of single story living and the practicality of having your fun room downstairs. On the main level are three bedrooms and the fourth guest bedroom is downstairs off the family room. You’ll also love the great room, open kitchen, towering windows, rock fireplace, hardwood floors and private patio that backs to Alder Creek. This is a good one.

Asking: $895,000  MLS #: 20152596

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Tahoe Donner Light & Bright Chalet Style Home

Tahoe Donner Light & Bright Chalet Style Home

Tahoe Donner Light & Bright Chalet Style Home

Light & bright South facing home on desirable Ski View Loop. Original owners and well maintained home with popular chalet style floor plan featuring open great room with dramatic floor to ceiling windows, rec room/4th bedroom + loft. Recent upgrades include distressed wood floors & brand new carpets throughout. Additional features include park like setting in back yard, multiple decks, granite counters and gas stove. Centrally located near Tahoe Donner’s amenities with a level south facing driveway.

Asking: $649,000  MLS #: 20151448

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner Mountain Home with Stunning Views

Tahoe Donner Mountain Home with Stunning Views

Tahoe Donner Mountain Home with Stunning Views

Perched high with stunning views, this mountain home provides a soothing environment where you can slow down & enjoy life amidst the rosy glow of the Carson Range. Cozy up by the grand stone fireplace or put your feet up & relax with friends around the fire pit with the sound of the creek below. This spacious home has a thoughtful floor plan, beautiful finishes & plenty of room for entertaining. Equipped with 4 bedrooms, 4 bathrooms, & an enormous
media room, there is ample space to accommodate everyone.

Asking: $1,395,000  MLS #: 20151455

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

 

Lahontan Beautiful Getaway

Lahontan Beautiful Getaway

Lahontan Beautiful Getaway

Beautiful quiet Lahontan getaway. Custom 4 bedroom (3 master suites) 4 1/2 bath mountain home situated on a beautiful very private meadow in Lahontan.  The unique 9 foot hand honed solid wood doors express the attention to detail this home provides. High vaulted ceilings, massive stone fireplace, gourmet kitchen and large family loft are just a few of the special thoughts that went into this wonderful home. Expansive out door living space for entertaining, in a very private setting. This is a must see home.

Asking $2,195,000 – MLS#: 20151412

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner Home with High Quality Finish and Design

Tahoe Donner Home with High Quality Finish and Design

Tahoe Donner Home with High Quality Finish and Design

This exquisite home is the definition of easy living. From the generous parking area to the main level living and master suite… the home has been designed for easy, comfortable use. The main level also has a guest bedroom and bath and a laundry/mud room. The lower floor can be closed-off from the main level and provides two more bedrooms (one a suite) a large entertainment room, a game room, the 4th bathroom and a storage area. There is also an unfinished bonus room with a separate access door. The quality in this home is shown in the finish and design, all materials were carefully designed and matched to the setting and location of the home, which includes cherry cabinets, oak hardwood floors, douglas fir door trim, birch doors, cedar ceilings, and granite counters. Communications outlets are plumbed to the front closet. Deck has natural gas plumbing for a barbecue. Wired for surround sound. Two thermostats for heater, central vacuum, ceiling fans and skylights. A beautiful park like setting!

Asking: $1,095,000  MLS #: 20151443

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner Master Craftsman Home with Grand Views

Tahoe Donner Master Craftsman Home with Grand Views

Tahoe Donner Master Craftsman Home with Grand Views

Grand views of Donner Lake and the Pacific Crest will immediately draw you to master craftsman Paul Buschmann’s personal residence. However, it is the abundant thoughtful details that set this home apart: Distressed Cherry floors, shaker-style cherry cabinets, redwood siding, Mountain Forge iron work, Viking appliances, sunken hot-tub, quartzite patio, glass railings, recirculating stream and pond, complete irrigation sprinkler system, secondary washer and dryer in master closet, large slab-floor storage.

Asking: $1,775,000  MLS #: 20151444

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int. Realty.

Martis Camp Distinctive Cabin Retreat

Martis Camp Distinctive Cabin Retreat

Martis Camp Distinctive Cabin Retreat

A distinctive cabin in Martis Camp that lives like an estate home with all the benefits of a prime amenity core location. The trail system, Putting Park and Family Barn are all steps away. Enjoy the Tahoe air with over 1,500 sf of outdoor living spaces. Flexibility in design gives you options to customize with a reading room (4th bedroom), media room, and an office. The refreshing architecture and clean presentation make this retreat a perfect combination of everything you are looking for in Martis Camp.

Asking $3,375,000 – MLS#: 20151100

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Camp Realty.

Lahontan Mountain Home Perfect for Entertaining

Lahontan Mountain Home Perfect for Entertaining

Lahontan Mountain Home Perfect for Entertaining

Gorgeous mountain home over-looking the 3rd and 4th green. This home is perfect for entertaining! It consists of a private master suite and four bedrooms in the main house plus a separate one bedroom cottage. Large welcoming entry way, incredible temperature controlled wine cellar, large kitchen with breakfast nook looking out to the golf course. Grand living room with incredible fireplace, custom designed bar, beautiful hardwood floors, surround sound throughout, and vaulted ceilings with huge beams.

Asking $2,895,000 – MLS#: 20151127

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Lahontan Grand and Beautiful Custom Mountain Home with Views

Lahontan Grand and Beautiful Custom Mountain Home with Views

Lahontan Grand and Beautiful Custom Mountain Home with Views

A grand and beautiful home on the signature par 3 third hole and lake. Custom designed with 4 bedrooms, 4.5 baths and a large family room. Enjoy 360
degree lake, mountain and golf course views from the decks and patio’s and nearly every window. Fish out the back door, walk to the golf course,
clubhouse, spa, tennis courts and pool at Camp Lahontan. Bring the whole family.

Asking $1,965,000 – MLS#: 20151093

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Matt Gelso Real Estate.

Lahontan Gorgeous Custom Home on 1st Tee of Championship Golf Course

Lahontan Gorgeous Custom Home on 1st Tee of Championship Golf Course

Lahontan Gorgeous Custom Home on 1st Tee of Championship Golf Course

This gorgeous custom home with room for multiple generations sits on the first Tee of Lahontan’s 18 hole Championship Golf Course. The large open floor plan allows for everyone to enjoy the space together, sneak away for a game of pool in the Rec room or relax with a quiet movie in the family room. High quality construction with open beams, floor to ceiling fireplace and lots of detailed woodwork.

Asking $1,850,000 – MLS#: 20151070

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Oliver Luxury Real Estate.

Lahontan with Views of 5th Fairway, Northstar and Carson Range

Lahontan with Views of 5th Fairway, Northstar and Carson Range

Lahontan with Views of 5th Fairway, Northstar and Carson Range

Beautiful 2003 Custom Lahontan home builder John Corda, sits beautifully on the 5th tee box of the Tom Weiskopf. Views of the 5th fairway and views of Northstar and the Carson Range, 4 large bedrooms 41/2 bath, stunning grand rock fireplace and a very open floor plan. Custom woodwork through out the home.

Asking $2,500,000 – MLS#: 20151066

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Lahontan on a Cul-de-Sac with Privacy

Lahontan on a Cul-de-Sac with Privacy

Lahontan on a Cul-de-Sac with Privacy

Sunny, level and close proximity to all amenities. On a cul-de-sac with lots of privacy. A very open and spacious 4 bedrooms, 3.5 baths, two family rooms, office, large laundry room and more. The large covered patio is perfect for outdoor entertaining.

Asking $1,975,000 – MLS#: 20151022

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Matt Gelso Real Estate.

Lahontan with 360-degree lake, mountain and golf course views

Lahontan with 360-degree lake, mountain and golf course views

Lahontan with 360-degree lake, mountain and golf course views

A grand and beautiful home on the signature par 3 third hole and lake. Custom designed with 4 bedrooms, 4.5 baths and a large family room. Enjoy 360
degree lake, mountain and golf course views from the decks and patio’s and nearly every window. Fish out the back door, walk to the golf course, clubhouse, spa, tennis courts and pool at Camp Lahontan. Bring the whole family.

Asking $1,965,000 – MLS#: 20151093

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Matt Gelso Real Estate.

Tahoe Donner Beautiful Home on a Quiet Street

Tahoe Donner Beautiful Home on a Quiet Street

Tahoe Donner Beautiful Home on a Quiet Street

Beautiful home on a quiet street in lower Tahoe Donner, located close to The Northwoods Clubhouse, tennis center and The Trout Creek Rec Center.
Tahoe Donner has all the mountain amenities for everyone in the family. The home is 3 levels with the garage and bedroom / office on the 1st, the great
room, a half bath and master bedroom on the 2nd, and the 3rd level consists of 2 bedrooms, a bathroom and a loft.

Asking: $769,000  MLS #: 20151198

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International.

Tahoe Donner Sunny Lot and Quiet

Tahoe Donner Sunny Lot and Quiet

Tahoe Donner Sunny Lot and Quiet

This home is situated on a sunny lot in a quiet Tahoe Donner neighborhood, adjoining greenbelt for extra privacy. Featuring a great room w/gas stove,
country kitchen, dining, master bedroom/bath/powder room and spacious entryway with room for all your snow gear on the main level. Upstairs features a nice sized loft ideal for a home office or TV room plus 2 bedrooms & bath. A great and functional floorplan for full time living or vacation getaway! Exterior was just stained and driveway will be sealed.

Asking: $540,000  MLS #: 20151221

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner Mountain Home with Amazing Views

Tahoe Donner Mountain Home with Amazing Views

Tahoe Donner Mountain Home with Amazing Views

 

If you’ve ever wanted to buy a mountain home with amazing views – this is the opportunity you’ve been waiting for! With the recent addition of the gas stove in the living room and cherry hardwood floors throughout, you’ll love this 4 bd, 3.5 ba, plus office & large rec room. Seven zone hydronic radiant heat along with the huge 3 car garage plus workshop are some of the extra features in this mountain home. Enjoy the sunrise views from the deck off the kitchen or from your private master bedroom deck.

Asking: $868,000  MLS #: 20151218

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner Immaculate Home nestled in Towering Pines

Tahoe Donner Immaculate Home nestled in Towering Pines

Tahoe Donner Immaculate Home nestled in Towering Pines

Dont miss this immaculate Tahoe Donner home nestled in the towering pines. The open great room features floor to ceiling windows giving the main living area a whimsical feel. Enjoy entertaining in the spacious dining and kitchen area. Owner recently installed, new appliances, carpeting and doors. The lower Game room has a separate entrance to the back yard area and a closet and is referenced as the 4th bedroom w Room for a bathroom addition.
Owner has priced this one to SELL!

Asking: $595,000  MLS #: 20151160

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – Truckee.

Tahoe Donner Cozy Mountain Home

Tahoe Donner Cozy Mountain Home

Tahoe Donner Cozy Mountain Home

You will love this cozy, 2-story mountain home in Tahoe Donner. This 3 bd, 2 ba home plus a spacious loft will give you 2000 sq. ft. to create happy
memories for family & friends. Gather around the efficient gas wood stove after an exciting day on the ski slope while the kids play in the loft upstairs. It’s the peaceful getaway you’ve always wanted! Situated in a highly desirable area just 10 minutes from historical downtown Truckee, this is the nature
-enthusiast’s dream and the perfect home away from home.

Asking: $409,000  MLS #: 20151214

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner Secluded Setting backing to Greenbelt

Tahoe Donner Secluded Setting backing to Greenbelt

Tahoe Donner Secluded Setting backing to Greenbelt

Secluded private mountain setting backing to greenbelt. Interior will have some fresh paint and solid core interior doors to be installed prior to closing along with some interior lighting. Rear deck will be resealed. Kitchen has been recently upgraded. Comfortable easy living floor plan with two en-suite masters makes this a desirable home for multifamily use, primary residence or vacation home. Call now for more details.

Asking: $759,900  MLS #: 20151193

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – Truckee.

Tahoe Donner rare Single Story backing to Greenbelt

Tahoe Donner rare Single Story backing to Greenbelt

Tahoe Donner rare Single Story backing to Greenbelt

As soon as you walk into this home, you’ll see why there is no age posted. Gorgeous high end finishes found in this one of a kind single story. Walk from
your back deck to the upper or lower Tahoe Donner amenities! A rare single story home backing to greenbelt, trails and beautiful forest. This home had an extensive renovation in 2004 and still feels new with custom woodwork, beautiful kitchen and bathrooms, alder cabinets, stone and wood floors, and a spacious open floorplan with high vaulted ceilings.

Asking: $769,000  MLS #: 20151206

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Northstar Big Springs Home near Home Run Ski Trail

Northstar Big Springs near Home Run Ski Trail

Northstar Big Springs near Home Run Ski Trail

Fantastic custom Northstar home at the perfect price point located in the Big Springs development close to the Home Run ski run. Five minute walk to the Northstar Village with fine dining and shopping. Built with an exquisite blend of rustic wood and stone finishes, expansive open great room, well-appointed large kitchen, dining room and living room that centers on a massive floor to ceiling stone fireplace. 4 ensuite bedrooms and a family room create plenty of space for large families or groups.

Asking: $1,850,000  MLS #: 20151158

To see this Northstar California real estate property for sale, please email or call Scott Kennedy @ 530.582.9980.

Click here for more information and photos of all Northstar California Ski Resort real estate properties for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sheridan Brokers Northstar R.E.

Tahoe Donner: Many Upgrades with Spacious Master Suite

Tahoe Donner: Many Upgrades with Spacious Master Suite

Tahoe Donner: Many Upgrades with Spacious Master Suite

GREAT TAHOE DONNER VALUE Lovely home boasts spacious kitchen, living, and family room areas. Many upgrades include granite kitchen countertops, pantry, maple cabinets & flooring. Newer windows, paint, carpets. Private, landscaped yard with mature trees, decks, hot tub, & fire-pit in a quiet, park-like setting. Large, secluded master suite upstairs, w/walk-in closet, marble & tile bathroom, soaking tub. Additional 3 BR/2 BA laundry room on main level.  Larger 4th BR easily converts into 2nd master suite

Asking: $799,000  MLS #: 20151164

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Tahoe Donner: Open Floor Plan and Private Setting

Tahoe Donner Open Floor Plan with Private Setting

Tahoe Donner Open Floor Plan with Private Setting

This beautiful home situated on pristine Tahoe Donner land features filtered views of the Carson range, a large back deck shrouded in privacy and many south-facing windows stream ample sun. Log pine accents, hardwood floors, granite counter, an open floor plan, and top of the line appliances make this home a must see. Master bedroom features spa like retreat w/steam shower, including heated floors and a jetted bath tub with skylights. Bonus features include loft area and office can be used as 5th bed.

Asking: $799,000  MLS #: 20151153

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Sierra Sotheby’s Int Realty TK.

Martis Camp with Views of Lookout Mountain

Martis Camp with Views of Lookout Mountain

Martis Camp with Views of Lookout Mountain

Ideally located next to the Camp Lodge and walking distance to the Family Barn, this Lodge Cabin captures amazing views of Lookout Mountain. The kitchen opens up to the living room, blending indoor/outdoor living with a large sliding Weiland doors leading to an outdoor seating area with fireplace. Two bedrooms on main floor, bunkroom and 4th bedroom on 2nd floor, also vista room offering panoramic views. Beautiful interiors with light wood and floors and a neutral palette.

Asking $3,975,000 – MLS#: 20150747

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Camp Realty.

Martis Camp – Dovetail Log Construction

Martis Camp - Dovetail Log Construction

Martis Camp – Dovetail Log Construction

Modern day luxury reminiscent of a simpler time in Tahoe history, designed for multi-generational families. Reclaimed timbers are carefully handcrafted into camp-style homes tucked on a private 1.87 acre homesite, chosen for it’s cul-de-sac location, proximity to forest trails, and adjacent path to all things Martis Camp! Offered furnished, this is the only true dovetail log construction currently offered in Martis Camp…a legacy property that makes it easy to say yes to all things that matter most-family.

Asking $4,970,000 – MLS#: 20150591

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Pacific Union International.

Martis Camp – Will Wick Design

Martis Camp - Will Wick Design

Martis Camp – Will Wick Design

The sun enjoys a special relationship with this home. Morning pours in to a towering two-story great room and a kitchen that exudes rustic farmhouse.  Bedroom balconies open to the new day as well. And on that side of the house that bumps up to an infinity of forest, large patios offer front row seats to amazing sunsets. The constant play of light was a critical element in the layout of this home whose interior is is the product of San Francisco designer Will Wick.

Asking $4,295,000 – MLS#: 20150244

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Camp Realty.

Martis Camp Guest Home

Martis Camp Guest Home

Martis Camp Guest Home

Martis Camp unique opportunity to move in and enjoy the guest home experience while designing the main home. An efficient use of just under 1400 SF with 3 bedrooms and 2 baths. The bunk room has 3 sets of twins, 2nd bedroom has two doubles and the master a king. Flowing great room with open kitchen and large island looks out to the beautiful Martis Creek below. With over 700 sf of outdoor terraces and covered porches, one can enjoy the
beautiful seasons. Designer finishes, low voc paint, audio visual package.

Asking $2,295,000 – MLS#: 20150160

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Camp Realty.

Martis Camp with Forest Views

Martis Camp with Forest Views

Martis Camp with Forest Views

The soaring windows of this 3,246-square-foot home frame forest views that are nothing short of tonic. You’ll find four bedrooms, 3.5 baths and an upstairs media loft. Floors are oak, doors, cabinets and trim are clear alder, the spa-inspired bath is natural stone, fireplace railing accents are hand-forged and kitchen counters are granite. All in all, it’s a home so entertaining and attractive you may well settle for spending the day putting around from one room to the next, sans putter.

Asking $3,395,000 – MLS#: 20143214

To see this Martis Camp real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Martis Camp real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Martis Camp Realty.

Tahoe Donner with Abundance of Large Windows and Decks

Tahoe Donner with Abundance of Large Windows and Decks

Tahoe Donner with Abundance of Large Windows and Decks

This custom Cedar home in Tahoe Donner’s unit 10 is perfectly situated on over a half an acre. An abundance of large windows and decks provide for perfect in and outdoor mountain living. Delight in the ambiance of 2 fireplaces and gather friends and family in the large great room and formal dining area.  How about a bit of hot-tubbing among the pines? 3 lower bedrooms and main level master suite. You will find parking is at a maximum and there is even a covered area for your boat.

Asking: $1,195,000  MLS #: 20150746

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-GLE.

Tahoe Donner on Bennett Flat Meadow

Tahoe Donner on Bennett Flat Meadow

Tahoe Donner on Bennett Flat Meadow

Enjoy the amazing setting on Bennett Flat Meadow in this multi-generational home. Spacious enough for the whole family and all your friends! Gorgeous views in all seasons with lovely, cared for perennial gardens and sweeping views of the meadows through large picturesque windows. Wonderful gathering spaces with a custom bar for entertaining, additional family fun room, nicely updated kitchen, loft, den, and 3 decks each perfect for a summer BBQ. Don’t miss this beautiful home in the ideal TD location!

Asking: $995,000  MLS #: 20150750

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-GLE.

Tahoe Donner Classic Mountain Home

Tahoe Donner Classic Mountain Home

Tahoe Donner Classic Mountain Home

Very well maintained classic mountain home. Desirable lower Tahoe Donner location. Kitchen and baths have been nicely upgraded. 4th bedroom could also be used as a family room. Extra storage in finished attic area. Large back deck. This home is ready to move in and enjoy!

Asking: $624,000  MLS #: 20150724

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Chase International – Truckee.

Tahoe Donner Luxury Home with Private Setting

Tahoe Donner Luxury Home with Private Setting

Tahoe Donner Luxury Home with Private Setting

Breathtaking Tahoe Donner luxury home with 4 bedrooms and 3.5 bathrooms on large lot with private setting overlooking gorgeous wooded lot. Two master suites with large custom bathrooms with Jacuzzi spa tubs and heated floors. Features include Australian Cypress floors in kitchen/living, pine trim, separate game room, wine cellar, steam shower, GE monogram 6 burner stove, sierra antique hearth with 44″ xtrordinair (more in addenda)

Asking: $809,000  MLS #: 20150736

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

Tahoe Donner Mountain Cabin – Great Location

Tahoe Donner Mountain Cabin - Great Location

Tahoe Donner Mountain Cabin – Great Location

Gorgeous Mountain cabin, unique yet classic. Prestigious location and easy walk to Tahoe Donner’s best amenities – The Lodge Bar & Restaurant, Golf Course, Trout Creek Rec.Center & Market. Great floor plan designed around a Grand Great Room features both public & private spaces. Call-ahead heated driveway, and Quality appointments abound – hardwood floors, granite counters, clay walls, skylights, wood clad windows, Nest thermostat, Lofts, den,
airlock, wraparound deck, wooded lot, heated over-sized garage…insulated too. Den has half bath and makes for an extra bedroom. As soon as you enter you’ll know you are truly in the High Sierra… Furnishings can be purchased separately so this could be a turnkey opportunity! All beautifully maintained and upgraded.

Asking: $770,000  MLS #: 20150763

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Dickson Realty.

Tahoe Donner – Backs to Greenbelt & Trail System

Tahoe Donner - Back to Greenbelt & Trail System

Tahoe Donner – Back to Greenbelt & Trail System

Rare find with tranquil setting on desirable Baden loop! Home situated on level lot with south-facing driveway,backs to greenbelt & Tahoe Donner trail system. Follow trail in backyard thru beautiful towering pines to creek & Trout Creek Rec Center.Efficient floorplan on single-level w/front & rear decks.  Comes fully furnished, incl. hot tub (on back deck off Master). 3BR/2BA/2-car with ample parking & features slate tile floors, vaulted wood ceiling, airlock entry & woodstove & river rock hearth. Must see!

Asking: $569,000  MLS #: 20150751

Click here for more information and photos of all Truckee Tahoe-Donner real estate property for sale.

To see this Tahoe Donner real estate property for sale, please call Scott Kennedy @ 530.582.9980.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Coldwell Banker NO.CA.-TD.

 

Lahontan Custom Home on Golf Course

Lahontan Custom Home on Golf Course

Lahontan Custom Home on Golf Course

This gorgeous custom home with room for multiple generations sits on the first Tee of Lahontan’s 18 hole Championship Golf Course. The large open floor plan allows for everyone to enjoy the space together, sneak away for a game of pool in the Rec Room or a relax with a quiet movie in the Family room. High quality construction with open beams, floor to ceiling fireplace and lots of detailed woodwork.

Asking $1,950,000 – MLS#: 20150681

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.  This listing courtesy of: Allison James Estates & Homes2.

Lahontan Craftsman-Style Home with Mountain Views

Lahontan Craftsman-Style Home with Mountain Views

Lahontan Craftsman-Style Home with Mountain Views

This beautiful craftsman style home rests on a stunning lot with ample outdoor space including 4 patios, 2 decks, & an outdoor fire pit, all backing to the Lahontan Golf Course, with gorgeous mountain views. The kitchen is the heart of this warm home, with huge concrete counters, & a 6 burner range. A floor to ceiling windowed breezeway connects the main area of the home to the bedrooms. Upstairs is the master suite, with private study, wet bar with copper counters, a luxurious master bath & 2 decks.

Asking $2,100,000 – MLS#: 20150572

To see this Truckee Lahontan mountain real estate property for sale, please call Scott Kennedy @ 530.582.9980

Click here for more information and photos of all Truckee Lahontan real estate for sale.

 

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Sierra-Tahoe Realty, inc. are marked with the Broker Reciproc