Recent Stories | SierraSun.com

Recent Stories in Real Estate

Truckee home sales measure nearly $275M

September 13, 2017 — The Truckee housing market cooled off in the first half of the year, amid a backdrop of less demand for houses priced over and under $1 million. Sales of single-family homes dropped to $274,123,196 in the six-month period ended June 30 from $358,614,950 in the […]

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East Slope offers spectacular views of Lake Tahoe

September 7, 2017 — Incline Village and Crystal Bay are made up of a number of different subdivisions each with their own character and special attributes. While a lot of attention has been focused lately on properties in the Lakeview and Mill Creek Subdivisions, the parcels on the East […]

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Plans call for 10,000-plus homes, apartments in Reno-Sparks in next two years

August 28, 2017 — 84 projects will add more than 10,000 new homes and apartments to Reno-Sparks in the next couple of years, according to data from the Center for Regional Studies at the University of Nevada, Reno. Dozens of additional projects have approvals but have not yet broken […]

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August residential sales strong in Crystal Bay, Incline Village

August 23, 2017 — It has been a strong month for the Incline Village and Crystal Bay real estate market with 23 properties going into escrow in just the last week, ranging in price from $335,000 up to $4,295,000. The property mix consisted of seven condos, five freestanding condos, […]

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Best home buying strategy in Crystal Bay, Incline Village is to not procrastinate

August 17, 2017 — During the recession, patience was considered a virtue when shopping for real estate at Lake Tahoe. Buyers who waited until late summer or fall to make a purchase decision were finding a lot of excellent opportunities, and an unusual willingness among sellers to negotiate price […]

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Nevada County tenants group set to discuss buying, renting

August 12, 2017 — Tenants of Nevada County, a newly-formed organization geared toward issues associated with a lack of affordable housing opportunities throughout Nevada County, has scheduled its second meeting for Thursday, Aug. 17. At Thursday’s meeting — scheduled for 5:30 to 7:30 p.m. at the Madelyn Helling Library […]

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Buyers must move fast on Incline Village condos because there aren’t a whole lot on the market

August 9, 2017 — All real estate is local, and that rings true more than ever during the summer of 2017 on the Nevada side of North Lake Tahoe. Due to the random nature of discretionary purchases of vacation homes, there is no guarantee that there will always be […]

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USDA loan offered to low-income buyers in rural counties

August 5, 2017 — The United States Department of Agriculture Rural Development still has about $2.8 million in Direct Home Loan funding available for rural low-income homebuyers. Those who are interested need to act quickly before the fiscal year ends. “If you were wondering whether you can afford to […]

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Supply short of demand: Expert says housing prices climb due to lack of construction in California, Nevada County

July 31, 2017 — California needs 180,000 more homes this year to meet demand, but just 100,000 are planned for construction. At that rate, said Oscar Wei, it’s likely the Golden State will be nearly 2 million short of the number homes needed by 2030. Wei, a senior economist […]

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Addressing fire danger at your North Lake Tahoe property

July 26, 2017 — Weather conditions in late summer and autumn almost always create a recipe where fire danger is extreme due to low fuel moisture levels, low humidity, high air temperatures, and unpredictable wind conditions. The Detwiler Fire, west of Yosemite, has pushed smoke into the Tahoe basin […]

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Douglas County School District to discuss sale of Kingsbury Middle School in Stateline, Nev.; property eyed as affordable housing site

July 23, 2017 — An extension of escrow for the sale of the old Kingsbury Middle School site at Stateline, Nev., will be discussed Monday, July 24, when Douglas County School District trustees hold a special meeting at 4:30 p.m. at the Airport Training Center. Trustees are scheduled to […]

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Thiele-Rice Group becomes apart of RE/MAX Realty Affiliates

July 22, 2017 — Trish Thiele and Peter Rice, of the Thiele-Rice Group, have joined RE/MAX Realty Affiliates in Reno. Thiele became a REALTOR in South Lake Tahoe in 1998, before moving to Reno in 2003 to expand her real estate career and created a successful partnership with Rice […]

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Good buying opportunities are out there in Incline Village, Crystal Bay

July 20, 2017 — The arrival of warm summer weather, long sunny days, and the occasional traffic jam shows we are in the busy season at Lake Tahoe. With the wildflowers starting to bloom, hiking and mountain biking trails slowly becoming free of snow, and the lake starting to […]

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Assessed property values climb 5.93 percent in Truckee; 6 percent in Nevada County

July 17, 2017 — Nevada County’s assessed values grew 6 percent last year, a positive reflection of property value growth according to a report from Nevada County Assessor Sue Horne. The county’s locally assessed value for the 2017-18 assessment year totaled $18.3 billion, up more than $1 billion from last […]

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Big benefits to owning property in Nevada

July 15, 2017 — During the past few years a significant percentage of the people purchasing property on the Nevada side of Lake Tahoe are relocating from California and other states with high income tax rates. But it's not just the favorable business climate and lower levels of personal […]

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The fate of Lake Tahoe’s Cal Neva is still being determined

July 12, 2017 — "Lady of the Lake" might have been the nickname Frank Sinatra gave North Lake Tahoe's Cal Neva Lodge and Casino, but she has seen much better days. Lake Tahoe's Cal Neva Resort boasts stunning views as well as a rich history, but remains closed ever […]

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Construction progresses on Tahoe Beach Club in South Shore

July 10, 2017 — Though a snow-heavy winter — and one giant puddle of water — has caused some delays for the South Shore's newest lakefront community, construction is still plugging along at Tahoe Beach Club. New drone footage released by Tahoe Beach Club in early June shows the […]

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Western Nevada home prices post dramatic increase

July 8, 2017 — Home prices in western Nevada are rising dramatically — but not as fast as sellers want them to go up. Steve Bohler, president of the Sierra Nevada Association of Realtors, said the average price of a Carson City home has increased by $51,000 since January […]

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$75 million listing price for Lake Tahoe estate (VIDEO)

July 8, 2017 —   Less than a week after the reported sale of an estate for $31.1 million set a record in Incline Village, another estate on the cliffs of Lake Tahoe's North Shore has hit the market for $75 million. That number makes the home — named Crystal Pointe […]

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Lake Tahoe waterfront estate sets Incline Village sales record

July 4, 2017 — The iconic Lake Tahoe waterfront estate formerly owned by casino mogul Steve Wynn recently sold for $31.1 million, a record reported sale for Incline Village. The 4.972-acre estate includes 210 feet of lake frontage and a private beach with a pier and boat hoist. The […]

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