Hwy. 50 to Close May 11

April 29, 2011

Cal Trans has sent out a press release today announcing the closing of Hwy. 50 for 2 weeks starting May 11. The closure is part of the first stage of a safety enhancement project that will remove damaged rock walls and replace them with a new barrier. There will be one-way controlled traffic on May 9 and 10 and after the 14 day closure controlled one-way traffic will be in place for 6 weeks Monday through Friday. The Hwy. will be opened with  no restrictions on for the each weekend after the 14 day closure each Friday at noon and Monday of Memorial weekend. Find the best route to Lake Tahoe Real Estate by visiting www.way2tahoe.com. Contact Chuck Stanley, (530) 318-8830  or email chuckstanley@sbcglobal.net.

Route from CA

Route from NV

New Bank Owned Listing, South Lake Tahoe Properties

April 28, 2011

Gorgeous newer bank owned home in the N. Upper Truckee area of South Lake Tahoe. 4 beds, 3 baths built in 2004. This 2765 sq. ft. home offers granite counters, hardwood floors, new SS appliances, vaulted ceiling all in a very  quiet mountain neighborhood. to preview this home or any other Lake Tahoe Real Estate listing, contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830 chuckstanley@sbcglobal.net

637 Seneca Dr.

Affordable Homes in Tahoe

April 27, 2011

There are currently 38 South Lake Tahoe Homes and cabins listed for sale  under $200,000. Many of which are in very nice condition and move in ready. This is the year to take advantage of the down real estate market and purchase that affordable vacation home in Tahoe. Interest rates remain low and the home prices are as low as I’ve seen them in my ten years of buying and selling Tahoe Real Estate both on the CA and NV sides of the lake. Contact Chuck Stanley,  (530) 318-8830 or email chuckstanley@sbcglobal.net.

Bank owned homes and short sales in South Lake Tahoe are included in the list below.

Address Street List Price # Beds # Baths Living Space
1189 Margaret 160,000 2 1 816
3600 Forest 199,000 2 1 864
2568 Osborne 169,999 3 1 832
3765 Alder 99,000 1 1 532
1046 Herbert 165,900 3 2 1248
3616 Forest 179,000 2 1 832
3727 Larch 165,000 2 1 878
3360 Marlette 169,000 2 1 960
1222 Stockton 125,000 1 1 561
2497 Alma 194,900 4 1.75 1456
1532 Walkup 189,900 3 2 1260
909 Modesto 189,000 3 1 960
2505 Chris 159,900 2 1 864
1050 Crow 199,000 2 1.5 1400
1977 Washoe 174,900 3 1.75 1292
3107 Easy 178,900 3 2 1200
2563 William 139,000 2 1 720
2568 Alma 190,000 3 1.75 1056
2538 Armstrong 129,000 2 1 864
738 Tahoe Keys 184,900 2 1.75 1106
1172 Margaret 120,000 3 1.75 1344
1884 Delta 189,900 2 1 720
1482 Black Bart 120,000 2 1.75 1088
942 Lodi 179,900 3 2 1200
2600 William 189,900 2 2 544
2154 Albert 199,000 2 1 625
2674 Pinter 179,900 3 1 1104
1128 Lodi 179,265 3 2 1376
2567 Pinter 199,500 4 2 1584
3804 Osgood 149,000 1 1.25 600
556 Eloise 185,000 3 1 888
3605 Larch 199,900 3 2 1104
3627 Paradise 141,000 2 1 1040
3682 Alder 119,900 2 1 572
807 Tata 174,900 2 1 864
3824 Figueroa 149,900 2 1 856
1104 Long Valley 155,000 2 1 512
3733 Forest 169,000 4 2 1692

1222 Stockton

942 Lodi

Cabin in South Lake Tahoe under $200,000

April 25, 2011

This is just one of many great affordable cabins under $200,000 listed for sale in South Lake Tahoe. This cabin located on Tata Ln. in the Gardner Mountain area has 2 bedrooms, 1 Bath. The cabin is close to beaches, bike trails, shopping and everything Tahoe has to offer. Remodeled cabin is on a big lot featuring a large deck of those perfect Tahoe summer nights. To preview this cabin or any other affordable Lake Tahoe Real Estate, contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net or visit Tahoe Real Estate Website to search all properties in South Lake Tahoe

807 Tata Ln

Homes for Sale Christmas Valley South Lake Tahoe

April 23, 2011

Corner of Blitzen & Wasabe in Christmas Valley

Street Street Price # Beds # Baths Living Space Days Listed
3257 South Upper Truckee 419,000 4 3 2512 686
927 Han 499,000 4 2.75 2460 392
3100 Elf 489,000 3 2 1920 252
3403 Beaver Brae 659,000 4 2.75 2496 280
3074 Egret 708,800 3 3 2120 225
2409 Blitzen 475,000 3 2.5 2286 162
3245 Panorama 499,000 4 2.5 2828 72
3426 Panorama 441,000 4 2.5 2370 64
2163 Cornelian 165,000 2 1 1056 59
3374 Beaver Brae 449,900 3 2 1660 59
2179 Lindenwood 374,000 3 2 1678 60
957 Colusa 465,000 3 2.5 2361 57
2305 Blitzen 374,900 3 2 2098 32
2616 Henderson 439,900 4 3 2206 20
952 Kekin 379,000 3 2 1488 15
2887 S Upper Truckee 278,900 3 1 1560 2

Christmas Valley South Lake Tahoe Neighborhood Preview and Real Estate Up-date

The Christmas Valley neighborhood is one of the hidden secrets of South Lake Tahoe. The neighborhood is not only one of the best values for Lake Tahoe Real Estate but it also offers some of the best views. The neighborhood is a short distance from the hustle of South Lake and offers home owners the mountain setting sought after by most buyers. The Valley runs from the junction of hwy. 50 & hwy. 89 all the way back until the hwy. 89 starts to elevate up over Luther pass. Luther pass takes you to hope Valley which is a sight that will make you think you are watching an old episode of Bonanza. The N. Upper Truckee River splits Christmas Valley down the middle with the west side designated as Christmas Valley 1 and the east side Christmas Valley 2. With street names like Santa Claus, Elf and Blitzen the neighborhood gives you that Christmas feel year round. The river is a short walk through the national forest or for some homes right out their back yard. The river offers a great place to relax with the family and pets. Typical home prices range from the low 300’s up to the $500,000 range. The neighborhood has very little crime and is one of the safest places to live in South Lake Tahoe. To preview great Homes in Tahoe contact Chuck Stanley, (530) 318-8830 or email chuckstanley@sbcglobal.net.

Christmas Valley South Lake Tahoe

What is it Like to Live in Tahoe? 10 Most Common Questions

April 22, 2011

Wondering what it is like to live in South Lake Tahoe? Well, you came to the right place. I have now lived in South Lake Tahoe full time for 11 years now. That does mot make me an expert but I’m a seasoned vet for sure. I raised 2 children here and have started 3 new careers…..one was very short. I will attempt to answer the most common questions I get from prospective Tahoe Real Estate buyers, but if you have others please contact Chuck Stanley, (530) 318-8830 or email  chuckstanley@sbcglobal.net

Q1)  What are the winters like? The answer depends on a question I will ask you first….do you like to play in the snow? If the answer is yes you will love it here in Tahoe. If you like skiing, (downhill and cross country), snow shoeing, snow mobiling, sledding, ice skating or just snowman making this place is a winter wonderland. If you don’t, the winters they can be long and annoying….but read on there are other advantages.

Q2) How are the schools? My family found the schools to be good.  School is what you and your child make of it. If your student studies hard and likes school and the parent(s) participate the education experience will be above average. There are many elementary schools, with one middle school, one high school and a very nice community college.

www.ltcc.edu

www.ltusd.org

Q3) Is there a lot of crime? We have lived in the Christmas Valley neighborhood and have never had a bicycle or anything stolen from the yard, house or car. Not to say it could ever happen but we have not experienced any crime. The only real crime and trouble I hear about is downtown (casino area) during big holidays when the size of the population substantially increases and the vacation revelers overindulge. Yes we have our share of drugs, domestic violence, and petty theft but it is just not that prevalent. In the winter not many petty criminals like to roam around on cold winter nights. Check out the police blotter in the local paper.

www.tahoedailytribune.com

Q4) Can I get a job in Tahoe? If you are resourceful you can find work in Tahoe. Meaningful work might be a different story. I’ve always said Tahoe is not a place to come make money it is a place to bring money. If you love having all the summer and winter recreation you can think of right at your finger tips to go along with clean air and clean drinking water, you will be a rich man or women no matter what you do for a living. I have been a home inspector and now a realtor and both have kept me in the essentials but I’m not getting rich……at least not yet. There are many opportunities for employment if you are open minded. Check the classifieds in the local paper.

www.tahoedailytribune.com

Q5) What is the cost of living like? The only difference is the gas is more expensive and you have to go off the hill to Carson City to shop for many items not available (I use the internet a lot). Other than that I have found it no more expensive here than in the Bay Area where I lived for 30 years.

Q6) What is housing market like? Homes in Tahoe, just like everywhere else, are low and you can get a very nice home for $200-$400k or you can spend less or more. Search for yourself for free www.101TahoeHomes.com

Q7) What is it like driving in the snow? I have found it to be no big deal at all. Most of the time after the roads are plowed and the sun comes up the next day the roads are clear without ice or snow. 4WD is essential and makes traveling very easy during winter storm conditions. I do not use 4WD very much but when I feel it is necessary it is nice to have, just remember that there is no such thing as 4 wheel stop!

Q8) Are the roads plowed in the winter? Yes, the city and county maintain the streets and major highways in and out of Tahoe. I have traveled over the passes in all conditions without a problem. Hwy. 50 is a major hwy. and the plows work around the clock to keep it open so travel is really pretty easy, just go slower. The residential streets are plowed after every storm so the local residents can go to work, school, shopping etc.

Q9) My children are very involved in sports, how are the youth activities in Tahoe? Little league, soccer, basketball, skiing and best of all hockey is all available. The only difference with the outdoor sports like little league and soccer is the fields are covered with snow well into April/May so we get started a bit later. The kids are still skiing/snowboarding anyways so that is a great trade off. The facilities are good including a NHL size hockey rink for the Norcal (www.norcal.com) players and figure skaters. Great adult leagues as well for men and women. Tahoe also has several golf courses, skate park (indoor and outdoor), disc golf course, and many very nice parks which include fishing ponds for the kids.

www.recreationintahoe.com

Q10) What is the exterior house maintenance like? The snow and cold weather is a little harsher on the siding and any belongings left outside. This is not Minnesota cold but the winter conditions will fade stain and paint faster than in a milder temperate climate. Patio furniture and other outside belongs must be kept covered or preferably stored in a garage or shed for protection. The growing season is shorter so you are limited but if you start your seeds indoor you can grow most anything. Grass is covered most of the winter with snow so you do not have to mow until May at the earliest.

Contact me with any other questions you might have. Live in Tahoe- it is fantastic. Chuck Stanley, (530) 318-8830 or email  chuckstanley@sbcglobal.net.

Lake Tahoe Mortgage Rate Update

April 20, 2011

Hello to all today,

The mortgage rates have dipped about an eighth in percent this week.  Some tremendous deals are still to be had in the Tahoe/Carson Valley areas.

Wednesday, April 13, 2011

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                  3.500%

7-year                  3.875%

Freddie Mac Relief Refi (up to 105%) & Fannie Mae Plus (up to 105%)

(Restrictions May Apply, call with scenario)

30-year 5.250%

FNMA Home Path

Up to 97% LTV, No appraisal

(Restrictions Apply, call with scenario)

30-year 5.250%  (up to 80% LTV)

Agency High Conforming/Super Conforming

30-year 5.000%

5-year                3.875%

Jumbo  5-year

4.875%         (1% Fee)

Non-owner Occupied up to 75% LTV

Conforming Purchase & No Cash Out Refinance (90% LTV Available)

30-year                  5.250%

FHA  (1% UPMIP) / VA (2.25% Funding Fee)

30-year                 4.750%  (1% Credit)

Quotes are based on 15 or 20-day lock.

Rates are subject to change without prior notice.  RE Agent info only.

This post brought to you by Susan Reynolds, Apine Lending Group helping you with your Lake Tahoe Real Estate needs. Contact Suasan at sreynoldsbroker@att.net or call her direct 775-200-0605

Tahoe Keys Homes for Sale

April 18, 2011

There are 35 current Tahoe Real Estate listings in the Tahoe Keys. With summer coming up, now is a good time to look at some of these well priced listings. The homes in Tahoe keys have suffered a significant drop in the recent years but look to be stabilizing. Take advantage now while we still have some distressed sellers. Contact Chuck Stanley, (530) 318-8830 or email chuckstanley@sbcgloba.net.

Address Street Price #Beds #Baths Living Space Days Listed
24 Lighthouse Shores 4,995,000 4 5 6500 1741
2041 Aloha 1,695,000 5 3 2550 896
749 Colorado 449,000 4 3 1800 696
2130 Inverness 1,999,000 4 4.5 3236 525
455 Lido 1,049,000 3 2.5 2719 505
335 Beach 3,700,000 5 4.5 3867 497
2165 Texas 599,900 4 2.5 2200 326
1989 Marconi 565,000 3 2.5 2697 441
2226 White Sands 1,395,000 4 3 3089 412
16 Lighthouse Shores 3,795,000 4 4.5 5500 393
358 Beach 1,795,000 4 4 3443 378
1695 Venice 999,500 4 3 2336 336
1708 Venice 775,000 4 2.5 2348 333
2219 Texas 695,000 4 3 2606 291
428 Wedeln 995,000 4 3 2178 293
2167 Venice 629,000 4 3 2121 300
723 Tuolumne 499,000 3 3 2168 276
2168 Venice 464,000 4 3 1640 239
1935 Venice 764,000 4 2.5 2208 239
2104 Texas 559,000 4 2.5 2324 201
2025 Marconi 1,395,000 4 2.5 2422 191
12 Lighthouse Shores 4,250,000 4 5 4418 147
2192 Monterey 517,000 3 2 1754 140
410 Wedeln 575,000 2 2 1488 88
2176 Venice 400,000 3 1.75 1773 86
2121 Texas 595,000 4 2.5 2535 83
538 Alpine 639,000 3 2.5 2072 80
2182 Catalina 649,000 3 2 2132 74
422 Wedeln 1,495,000 3 2.5 2442 74
10 Lighthouse Shores 3,595,000 4 4.5 4433 77
435 Christie 1,175,000 4 3 2309 69
2014 Garmish 575,000 4 2 2018 67
783 Colorado 475,000 3 2.5 2065 66
2244 Inverness 439,000 3 2 1530 67
483 Lido 775,200 3 2.5 2270 60

2226 White Sands

1989 Marconi

South Lake Tahoe Investment Property

April 14, 2011

New Tahoe Real Estate listing: 3433 Warr Road, South Lake Tahoe. 4 bedroom, 3 Baths, 2124 sq. ft. of living space. Remodeled from top to bottom in 2006. Ths home features oak floors, granite counters, river rock fireplace, cedar siding, hickory cabinets and new SS appliances. Currently on rental program with Buckingham Tahoe Vacation Rentals. Lited at $515,000. Contact Chuck Stanley, (530) 318-8830 or email  chuckstanley@sbcglobal.net.

3433 Warr Rd.Kitchen

Kitchen

South Lake Tahoe Real Estate Inventory Snap Shot Year Over Year

April 13, 2011

South Lake Tahoe Real Estate Inventory Snap Shot Year Over Year

Lake Tahoe Real Estate inventory levels are growing from this time last.  The inventory snap shot is also a good tool to use to see the inventories of distressed vs. non-distressed properties year over year. Bank owned homes are even while we have had a slight increase in short sale listings. Looks like more sellers that are not up-side down are looking to sell their home at the current market price in this economy. This makes sense in what is mostly a second home owner market. For buyers this year it is still an ideal time to purchase Lake Tahoe Real Estate. Next year all bets are off with foreclosure inventory expected to decrease and interest rates currently trending upwards. Contact Chuck Stanley, (530) 318-8830 or email chuckstanley@sbcglobal.net.

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