South Lake Tahoe Fun Events in February:
January 28, 2011
A great perk to owning Tahoe Real Estate is all the great events that take place right here- all year long! Check out what is coming up for February.
Feb 2, 9, 16 ,23, 2011 – Après Ski Cruise Aboard the Tahoe Queen
900 Ski Run Blvd South Lake Tahoe, CA 96150 Phone: (530) 543-6191
Feb 2, 2011 – Live Music at Whiskey Dicks Saloon
2660 Lake Tahoe Blvd. South Lake Tahoe, CA 96150 Phone: (530) 544-3425
Feb all month except tuesdays, 2011 – The Improv at Harveys – Howie Nave: Host & Emcee, Jeremy Hotz – Harveys Cabaret Stateline, NV Phone: (775) 588-2411
Feb 2, 2011 – Tahoe Symphony Orchestra and Chorus Presents Viva Vivaldi! St. Theresa Catholic Church – 1041 Lyons Ave So Lake Tahoe, CA (775) 313-9697
Feb 4, 5,6, 2011 – Echo Lakes Splitboard Festival
Strawberry Lodge Banquet Hall Strawberry, CA
Feb 4, 2011 – Live Music at Whiskey Dicks Saloon – Dub Step
2660 Lake Tahoe Blvd. South Lake Tahoe, CA Phone: (530) 544-3425
Feb 4, 7, 11, 14, 18, 21, 25, 28, 2011 – Ski with a Ranger Program at Heavenly Mountain Resort Top of the Gondola – (775) 586-7000
Feb 5, 2011 – Live Music at Whiskey Dicks Saloon – 2660 Lake Tahoe Blvd. , CA (530) 544-3425 – The Hoods, Idekay, Havenside and Twelve Guage facelift
Feb 5, 2011 – Ralston Cup at Sierra-at-Tahoe Resort – Sierra-at-Tahoe Resort 1111 Sierra-at-Tahoe Rd. Twin Bridges, CA 95735 Phone: (530) 659-7453
Feb 5, 12, 19, 26, 2011 – Ripperoo Kids Parade at the Heavenly Village
Heavenly Village South Lake Tahoe, CA 96150 Phone: (775) 586-7000
Feb 5, 2011 – Tower of Power at Harrah’s Lake Tahoe
Harrah’s South Shore Room Stateline, NV 89449 Phone: (775) 588-6611
Feb 6, 2011 – Superbowl Party in the Pub at Sierra-at-Tahoe Resort Sierra-at-Tahoe Resort 1111 Sierra-at-Tahoe Rd. Twin Bridges, CA 95735 Phone: (530) 659-7453
Feb 6, 2011 – USASA Boardercross – Sierra-at-Tahoe Resort 1111 Sierra-at-Tahoe Rd. Twin Bridges, CA 95735 Phone: (530) 659-7453
Feb 6, 2011 – USASA Slopestyle at Kirkwood – Kirkwood Mountain Resort 1501 Kirkwood Meadows Dr. Kirkwood, CA 95646 Phone: (209) 258-6000
Feb 11,12, 2011 – Bassnectar at MontBleu Resort Casino & Spa
MontBleu Casino Resort & Spa 55 Hwy 50 Stateline, NV (775) 588-3515
Feb 12, 2011 – Snowshoe Cocktail Races at the Beacon Bar & Grill at Camp Richardson Resort 1900 Jameson Beach Rd. South Lake Tahoe, CA (530) 541-0630
Feb 12, 2011 – USSA Slopestyle at Sierra-at-Tahoe Resort
Sierra-at-Tahoe 1111 Sierra-at-Tahoe Rd. Twin Bridges, CA Phone: (530) 659-7453
Feb 12, 2011 – USSA Superpipe at Sierra-at-Tahoe Resort
Sierra-at-Tahoe 1111 Sierra-at-Tahoe Rd. Twin Bridges, CA Phone: (530) 659-7453
Feb 13, 2011 – Sound Tribe Sector 9 – STS9 at MontBleu Resort Casino & Spa
MontBleu Casino Resort & Spa 55 Hwy 50 Stateline, NV Phone: (775) 588-3515
Feb 13, 2011 – Valentine’s Day Sweetheart Race at Heavenly Mountain Resort
Heavenly’s CA Base 3860 Saddle Rd. So. Lake Tahoe, CA Phone: (775) 586-7000
Feb 19, 2011 – 2011 Winter Grom Games at Sierra-at-Tahoe Resort
1111 Sierra-at-Tahoe Rd. Twin Bridges, CA Phone: (530) 659-7453
Feb 19, 2011 – Live Music at Apres Wine Company
3668 Lake Tahoe Blvd. South Lake Tahoe, CA 96150 Phone: (530) 544-9463
Feb 19, 2011 – Righteous Brother Bill Medley at Harrah’s Lake Tahoe
South Shore Room Harrah’s Lake Tahoe Stateline, NV 89449 Phone: (775) 588-6611
Feb 25, 2011 – North American Freeskiing Championships at Kirkwood
Kirkwood Mountain 1501 Kirkwood Meadows Dr. Kirkwood, CA (209) 258-6000
Feb 25, 26, 2011 – Eagles and Agriculture in the Carson Valley
Carson City, NV Phone: (800) 727-7677
Feb 25, 2011 – Rock the Slopes at Tahoe South Winter Snow Blast!
Heavenly Mountain Resort and Harrah’s Lake Tahoe South Shore Rm (775) 588-6611
Feb 25, 2011 – The Dan Band at Harrah’s Lake Tahoe
Harrah’s Lake Tahoe South Shore Rm 15 Hwy 50 Stateline, NV (775) 588-6611
Feb 26, 2011 – Edward Sharpe & The Magnetic Zeros at Harrah’s Lake Tahoe
Harrah’s Lake Tahoe South Shore Room 15 Hwy 50 Stateline, NV (775) 588-6611
Feb 26, 2011 – Kevin Nealon & Friends at MontBleu Resort Casino & Spa
MontBleu Theatre 55 Highway 50 Stateline, NV 89449 Phone: (775) 588-3515
Have a fabulous February! Contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net
New listing – 1005 Modoc Way South Lake Tahoe
January 22, 2011
Incredibly gorgeous mountian, meadow and forest views! Contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net
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Short Sale Listings South Lake Tahoe
January 9, 2011
There are currently 45 Short Sale listing opportunities for South Lake Tahoe Real Estate, which includes single family homes and condos. Short Sales are not always the best deals on the market. One reason is the sellers in most cases are trying to keep the offer at or above the amount owed to the lender in the first position. The lender is the second position is more likely to forgive the debt or take a minimal amount from the first to approve the short sale. Another reason might be the seller is still solvent and are testing the market to see if there is a chance they can get out of the house by writing a check for the difference. Ask your favorite Realtor to look up the liens against any short sale property and discuss the current market value of the house before you make an offer to purchase. Contact Chuck Stanley, Century 21 Tahoe Paradise chuckfortahoe@sbcglobal.net 530-318-8830
| Address | Street | Unit | Listing_Price | #Beds | #Baths | Sq. Ft. | DOM | |
| 1831 | Toppewetah | 738,000 | 4 | 3 | 3029 | 590 | ||
| 1191 | Dedi | 163,900 | 3 | 2 | 1092 | 572 | ||
| 4041 | Crest | 990,000 | 7 | 4 | 4500 | 1461 | ||
| 1226 | Apache | 239,000 | 3 | 1 | 1294 | 480 | ||
| 2506 | Cattlemans | 349,000 | 3 | 2 | 1932 | 466 | ||
| 696 | Zuni | 229,000 | 2 | 1 | 1024 | 440 | ||
| 759 | Anita | 245,000 | 3 | 2 | 1248 | 522 | ||
| 1020 | Cheyenne | 225,000 | 3 | 2 | 1202 | 382 | ||
| 2155 | Texas | 549,000 | 2 | 3 | 1772 | 99 | ||
| 3333 | Bruce | 243,000 | 3 | 2 | 1405 | 281 | ||
| 3600 | Forest | 199,000 | 2 | 1 | 864 | 237 | ||
| 2825 | Springwood | 499,950 | 3 | 2.75 | 2100 | 236 | ||
| 3009 | Oakland | 232,000 | 3 | 2 | 1350 | 222 | ||
| 2231 | Cornelian | 265,000 | 4 | 3 | 1935 | 203 | ||
| 1135 | Navahoe | 227,000 | 3 | 1.75 | 1092 | 200 | ||
| 1622 | Meadow Vale | 199,000 | 3 | 1 | 864 | 192 | ||
| 1690 | Skyline | 599,000 | 4 | 3.5 | 3522 | 192 | ||
| 1086 | Cheyenne | 200,000 | 2 | 1.75 | 1021 | 165 | ||
| 2681 | Osborne | 188,000 | 3 | 2 | 1276 | 164 | ||
| 1625 | Cree | 259,000 | 3 | 2 | 1228 | 157 | ||
| 1261 | Heather Lake | 180,000 | 3 | 2 | 1232 | 149 | ||
| 1381 | Glenwood | 241,000 | 4 | 3 | 1440 | 146 | ||
| 3586 | Bill | 199,900 | 2 | 1 | 1040 | 145 | ||
| 3727 | Larch | 189,000 | 2 | 1 | 878 | 133 | ||
| 3764 | Aspen | 194,500 | 2 | 2 | 1024 | 132 | ||
| 2649 | Pinter | 309,900 | 4 | 2.5 | 1826 | 127 | ||
| 2556 | Palmira | 325,000 | 4 | 2.5 | 3436 | 118 | ||
| 1089 | Marjorie | 259,000 | 3 | 2 | 1398 | 114 | ||
| 1083 | Marjorie | 259,000 | 3 | 2 | 1398 | 101 | ||
| 2650 | Armstrong | 173,500 | 3 | 1.25 | 1300 | 102 | ||
| 1032 | Lodi | 185,000 | 2 | 1 | 984 | 87 | ||
| 3633 | Mackedie Wa | 998,888 | 5 | 3 | 4260 | 83 | ||
| 904 | Linda | 285,000 | 4 | 2.5 | 1976 | 80 | ||
| 1172 | Margaret | 199,000 | 3 | 1.75 | 1344 | 72 | ||
| 1355 | Ottawa | 329,000 | 3 | 2.75 | 1826 | 71 | ||
| 1024 | Truckee | 170,000 | 2 | 1 | 1155 | 60 | ||
| 1828 | Toppewetah | 195,000 | 3 | 1 | 1040 | 58 | ||
| 2283 | Silver Tip | 345,000 | 4 | 2 | 1954 | 51 | ||
| 1360 | Matheson | 310,000 | 3 | 2 | 1451 | 46 | ||
| 1441 | Matheson | 225,000 | 3 | 2 | 1451 | 38 | ||
| 2497 | Alma | 208,000 | 4 | 1.75 | 1456 | 33 | ||
| 477 | Ala Wai | 90 | 234,000 | 1 | 1.5 | 977 | 33 | |
| 3692 | Verdon | 399,000 | 4 | 3 | 2040 | 32 | ||
| 1453 | Pebble Beach | 400,000 | 3 | 2.5 | 2360 | 26 | ||
| 516 | Emerald Bay | 323 | 158,000 | 2 | 1 | 912 | 23 |
3586 Bill
4041 Crest
Watch Out For Craigslist Scammers in South Lake Tahoe
January 8, 2011
The South Lake Tahoe Board of Realtors has been sending out notifications about Tahoe Real Estate being advertised in the rental section of Craigslist that are really For Sale. Watch out for this scam that normally works like this. The scammer will find bank owned homes that are For Sale and advertise them. The scammers use bank owned homes because they know they are vacant. They will say things like they are out of the country or in the military and need to rent the property. They’ll email instructions to go drive by the property and ask you for a deposit if interested. Normally they price the rental really low and that is your biggest warning. If it is too good to be true it normally is. If they tell you to hurry and get your deposit in before someone else does that is another warning sign.
If you know of anyone that is looking for rentals, tell them to Google the address of the rental. If they see it on a Realtors MLS Search as being For Sale, then it’s probably a scam.
Contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net
Interest Rate Up-Date for 1/7/11
January 7, 2011
Friday, January 07, 2011 Courtesy of Susan Reynolds Alpine Lending Group
sreynoldsbroker@att.net 775-200-0605
All rates quoted with 15 or 20-day locks, no points or origination fees, unless noted. All rates subject to change without notice.
Conforming (up to $417,000)*
30-year 4.875%
15-year 4.250%
5-year 3.875%
7-year 3.875% (1% Fee)
Freddie Mac Relief Refi (up to 105%) & Fannie Mae Plus (up to 105%)
(Restrictions May Apply, call with scenario)
30-year 4.875%
FNMA Home Path
(Restrictions Apply, call with scenario)
30-year 5.000%
FNMA High Conforming Limits:
$580,000 El Dorado, Placer, Sacramento Counties
$463,450 Alpine County
NV counties remain at $417,000, except Douglas $468,750
https://www.efanniemae.com/sf/refmaterials/loanlimits/xls/loanlimref.xls
30-year 5.125%
5-year 4.000% (1.60% Fee)
Jumbo 5-year
5.000% (1% Fee)
Non-owner Occupied up to 75% LTV
Conforming Purchase & No cash out refinance (90% LTV Available)
30-year 5.000% (1% Fee)
FHA (1% UPMIP) / VA (2.25% Funding Fee)
30-year 4.875%
Quotes are based on 15 or 20-day lock.
Rates are subject to change without prior notice. RE Agent info only.
Susan Reynolds-
Alpine Lending Group
VOX 775-200-0605 Follows me everywhere
FAX 775-847-7375
NV Mortgage Broker License #3079
NV Mortgage Agent License #46738
CA Broker License #00860550
NMLS #248311
21320 Delta Drive – Reno – NV – 89521
NMLS #338361
3330 Lake Tahoe Blvd #13 – South Lake Tahoe – CA – 96150
NMLS #339207
South Lake Tahoe Real Estate- Have We Hit Bottom?
January 6, 2011
47 homes and condos sold in December 2010 in South Lake Tahoe (City & County). Compare this to 53 sales in December of 1990 and you can just about call the activity even year over year month to month. The median home prices seem to be telling a good story and give us some optimism that the market is at or near the bottom. The median home prices were consistent throughout the year at about $320,000. In January of ’09 the median price for South Lake Tahoe Properties was $401,000 and dropped steady until October of ’09 when the median home price hit a low for the year of $320,000 and has remained in that range now for 14 months. We had a high of $328,000 in September and a low of $317, 500 Jan-March. You can almost say prices are on the rise but let’s not get carried away yet. The foreclosures in South Lake Tahoe will have to diminish significantly for us to get to optimistic about a rebound. Median home prices can also fluctuate due to the type and size of homes sold but the stats are still worth looking at. Contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net
Home and Condo Sold for December 2010
Street # Street Unit List Price # Beds # Baths Sq. Ft. DOM SOLD PRICE
2233 Blitzen 394,900 4 3 2356 755 394,900
680 Seneca 299,999 2 2 1766 531 288,000
771 Lassen 539,000 4 3 2211 284 500,000
697 Seneca 299,900 3 2 1584 245 305,000
3038 Nevada 358,000 3 2 1820 247 358,000
3606 Birch 129,900 3 2 1162 225 88,725
1751 Nadowa 269,000 3 1.75 1200 218 255,000
357 Ala Wai 214 369,000 3 2 1400 219 340,000
2172 Balboa 1,798,000 5 5 4000 195 1,600,000
1523 Plumas 224,900 3 1 1292 208 147,000
922 Han 379,000 3 2 1930 202 350,000
2305 Oregon 289,000 3 2 1248 173 260,000
2042 Aloha 627,900 3 3 2457 181 605,000
1410 Ski Run 31 175,000 2 1.5 832 148 165,000
2604 Fountain 179,000 2 1 864 160 175,000
1683 Chippewa 399,000 3 2 1504 158 393,000
1909 Elks Club 527,900 3 2.5 2926 158 528,000
2324 Alice Lake 319,900 3 2 1630 163 290,000
1137 Keller 175,000 2 1 816 143 165,000
840 Paloma 299,000 4 2 2472 148 310,000
250 Wiltse 299,000 3 2.5 2896 139 275,000
1590 Miztec 759,000 6 5 4015 128 700,000
1500 Crystal Air 399,900 3 2.5 1931 137 390,000
550 Lake Tahoe 214,900 3 1 1092 119 207,900
489 Tahoe Keys 75 279,900 2 1.5 1014 106 254,000
1228 Goldpan 349,000 3 2 1856 107 325,000
3397 Beaver Brae 609,000 4 3 2753 110 601,000
2452 Lupine 649,000 4 3 3355 81 639,000
1183 Reno 175,000 2 1 1000 73 165,000
2264 Sky Meadows 179,500 2 1.75 1120 64 179,500
2146 Monterey 795,000 5 3 2718 70 732,500
1905 Koyukon 349,000 4 2 1836 49 339,000
2383 Blitzen 325,000 2 2 1166 55 310,000
1927 Venice 649,000 4 2.5 2625 49 625,000
1846 Haidas 449,000 3 2 1925 47 435,000
1321 Acoma 198,500 2 1 864 49 192,000
1585 Pioneer 514,080 4 3 2885 40 500,000
2645 Elwood 229,900 3 3 2068 31 229,900
1139 Herbert B 183,000 3 2 1161 20 175,000
971 Kiowa 152,500 2 1 768 25 154,000
3524 Pinecrest 235,620 4 3 2005 28 256,500
724 San Francisco 195,900 3 2 1092 82 196,000
8036 Mill Run 99,000 1 0.75 900 95 95,000
1888 Osage 648,000 6 5 4198 116 500,000
1410 Ski Run 7 150,000 2 1.5 832 156 135,000
1712 Meadow Vale 739,000 6 3.5 4083 567 710,000
2245 Del Norte 895,000 4 3 4407 1365 800,000
Contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net