Tahoe Secondary Market
/We recently rolled up to Lake Tahoe for an economic summit with our Compass family and found a hot market where median sales prices are up, inventory is high, and vacation homes are flying off the shelves!
We recently rolled up to Lake Tahoe for an economic summit with our Compass family and found a hot market where median sales prices are up, inventory is high, and vacation homes are flying off the shelves!
This time of year, we’re dreaming of a snowy ski resort and a warm cup of cocoa by the window. Where would you invest in a winter home away from home?
The beauty of living in Silicon Valley is you don’t need to go very far to find every climate and environment you could possibly imagine. So I’d keep it close to home and find something within a short 3-4 hour drive of the Bay Area. And there’s no shortage of quality ski and snowboard resorts to choose from, particularly around Lake Tahoe!
I love adventure, and I don’t really feel like I’m on vacation until I’m out of California. That’s why my vote is for Yellowstone or the Grand Tetons in the Big Sky Country of Wyoming, Idaho, and Montana. This breathtaking landscape gives you more than enough to explore beyond winter sports. And the tax benefits are a plus!
Considering a move to Lake Tahoe? Recent real estate market stats show that it pays to head south. While house and condo prices are on the rise across the board, South Lake Tahoe remains a relative bargain for anyone hunting for a home. Send us an email to learn more about our first-hand experiences.
We were dreaming of a white Christmas, so last week we escaped the Bay Area and drove to South Lake Tahoe. Needless to say, we’ve seen more snow than we ever could have dreamed, but at least we didn’t get stuck on the highway. Anyone who’s been to Tahoe knows to check the weather forecast and road conditions before you even get in the car. If you’re thinking of buying a first or second home here, it’s key to find a property that’s properly prepared for the elements.
There’s no way to plan for a polar vortex or an atmospheric river, any more than you can plan for an earthquake. But that doesn’t mean you can’t be prepared for the worst. If you’re moving to a winter wonderland like Lake Tahoe, look for a home outside of avalanche zones and close enough to town that you’re not at risk of being cut off from the world by a fallen tree or fresh snowpack. You’ll also want a place with good insulation to save on the heating bill and keep things warm and cozy!
Take it from us: Walking in snow shoes is harder than it looks!
Remember the luxury homes we found on our road trip to Lake Tahoe last month? Well, now Compass it out with a detailed guide to the luxury home market in Northern California and Lake Tahoe as we continue to see the impacts of COVID-19. While there was a significant dip early on, the luxury market has rebounded to pre-pandemic levels. Read the full report to learn more!