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Crystal Bay, NV Real Estate News

By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
On the short sale list in the past week we have 3 new pending escrows, 2 price increases, 2 price reductions, 1 back on market and one sold to report. The home at 631 Village listed at $470,000 sold on 06/13/2012 for $412,000. On the REO list we only have one new pending sale to report. Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com   Incline Village Condominium/PUD Short Sale Listings   MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt   940064            870 Southwood            3          $124,000         P          2          1 ½      N         1040 940104            945 Harold Dr.             1 ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
On the short sale list, we have 3 new listings, 1 back on market and 2 new pending listings.  No closed escrows to report.   On the bank, there are no changes to report.   Rather quiet week with the poor weather and Spring Break.   Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com Incline Village Condominium/PUD Short Sale Listings   MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt   940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040 940104            945 Harold Dr.             1          $125,000         A         2          1          ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  On the short sale list, we have 3 new listings, 4 new escrows, 2 price reductions and no sold listings to report. The two Incline Crest townhomes at $179,000 and $179,900 appear to be good values in today’s market as is the remaining Incline Creek Estates townhome at $799,000. On the REO list, we have 1 price reduction and 1 sold to report. The listing at 700 College #35 listed at $225,900 sold 04/05/2012 for $220,000. Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com   Incline Village Condominium/PUD Short Sale Listings   MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt   940064            870 South...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  Another active week.   On the short sale list 3 new listing, 3 price reductions, 5 new escrows and 1 sold to report.  The home listed at 550 N. Dyer Circle listed  at $479,000 sold 03-15-2012 for $479,000.  The biggest news is that there are now three Incline Creek Estates listed at the same price of $799,000.   On the REO list, we have 1 back on market, 2 new listings and 1 new escrow.  No solds to report.       Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com   Incline Village Condominium/PUD Short Sale Listings   MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar      SqFt   940064            870 Southwood  ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
My inclination is to pull up a deck chair, put my legs up, put a lemonade on the table, and watch with pleasure as the reality of the next monthly economic report plays upon the real estate market, the credit markets and international markets. I expect a fair amount of chatter about how, yes, we really are moving into apparent recovery and, yes, it's a good time to enter this marketplace aggressively.This will not silence the doomsters, of course. For reasons pretty well known, and because of a determined expectation that the markets will turn and slide into another crunch, there are plenty of analysts willing to offer an intimidating pooh-pooh to the good news the markets are likely to bring us on Friday and before. We shouldn't be dissuaded. Good news is good news and, as Marty Zweig ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Chocolate Guinness Goodness This rich and luscious dessert came about because I needed a special dessert for a St. Patrick’s Day tasting menu. I was on a mission to use my favorite beer, Guinness, something I consider to be one of Ireland’s gifts to the world. As the 17th of March drew closer, I looked for inspiration at my favorite Irish pub in Manhattan. As I savored my pint, I saw a Guinness poster that said, “My Goodness, My Guinness!” It was like an angel sang in my ear: “What if you combined a dark chocolate pudding and Guinness, topped it with whipped cream lightly flavored with Guinness, and then put it in a glass to make it look just like a pint of the black?” After a few failed attempts, I got it just right. Make the effort to find a good dark chocolate (about 70 to 72 percen...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
    On the short sale list, we have 2 new listings, 2 new escrows, 4 price reductions and no sales to report. On the REO list, we have 1 sold to report and 1 price reduction. The listing at 880 Golfers Pass #3 listed at $239,900 sold 02/16/2012 for $239,000. Incline agents are reporting increased buyer activity. That is to say buyers moving from looking to writing offers.  We have seen a few multiple offers this past week. Might be good to brush up on multiple offer and back-up offer practices. Inventory continues to drop nationally, and very significantly in the Reno market.  Lake Tahoe and Incline Village, we are experiencing the same.   Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                              ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
Which Home Improvement Projects Offer Better Returns When it comes to remodeling, exterior replacement projects have routinely rewarded home owners with more bang for their buck. This year is no different: REALTORS® recently rated many exterior improvements as among the most valuable home investment projects as part of the 2011-12 Remodeling Cost vs. Value Report. “This year’s Remodeling Cost vs. Value Report shows the value of putting your home’s best façade forward, so to speak,” said National Association of REALTORS® President Moe Veissi. “Inexpensive exterior replacement projects are not only crucial to a home’s regular upkeep, but are also expected to recoup close to 70 percent of costs. Specific exterior projects such as siding, window and door replacements are part of regular hom...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  On the short sale list we have 1 new listing, 6 price reductions, 3 new escrows and 2 solds to report. The condominium listed at 807 Alder #67 for $172,500 sold for $155,000 on 01/31/2012. The listing at 807 Adler #81 listed at $139,000 sold for $120,000 on 01/26/2012. On the REO list there are 2 new listings to report and 1 sold. The home at 597 Ponderosa listed for $358,370 sold for $402,000 on 01/30/2012.  Denise Cash  775.691.3844               Ken Cash  775.691.3855 DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com                                     www.TahoeLiving.com   Incline Village Condominium/PUD Short Sale Listings   MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar      SqFt   940064            870 Southwood       ...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
  Shrimp Po’Boy The paper-thin crust and pillowy crumb of a New Orleans—style French roll is essential to this classic sandwich—as is Crystal hot sauce. Ingredients 2 1/2 teaspoons kosher salt 1 teaspoon cayenne pepper 1 teaspoon garlic powder 1 teaspoon paprika 1/2 teaspoon dried oregano 1/2 teaspoon dried thyme 1/2 teaspoon freshly ground black pepper 1/2 teaspoon onion powder Vegetable oil for frying 1 1/2 pounds medium shrimp (about 36), peeled, deveined 1 cup buttermilk 1 1/2 cups all-purpose flour 1 cup cornmeal 4 8″-long French rolls, split horizontally Rémoulade (go to bonappetit.com for recipe) or mayonnaise Shredded iceberg lettuce Sliced tomatoes Dill pickles Hot pepper sauce (optional), preferably Crystal Preparation Whisk first 8 ingredients in a small bowl to blend. Attach...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
2011 Market Report & Graphs Single family home sales are down approximately 16.5% from 2010 to 2011 with only 96 sales reported by the MLS in 2011. Condominium sales are down approximately 6.25% from 2010 to 2011 with only 135 sales reported by the MLS in 2011. 2011 was mirroring 2010 sales through the first three quarters with a sharp drop off in sales in the last quarter leaving 2011 behind 2010 figures. Since most of our buyers are discretionary buyers, the grid-lock in Washington in the last quarter delayed many purchasing decisions by buyers. This may continue to be a significant factor in 2012 sales. The median sold price for single family homes dropped approximately 8.1% from 2010 to 2011 with the MLS reporting a median sold price of $771,500 in 2011. The median sold price for c...
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By Ken Cash, Lake Tahoe Lake Front Homes, Luxury Homes, Condomi
(CB Select Real Estate at Lake Tahoe - 775.691.3855 - )
I guess I've repeated that the economy is nearly impossible to predict.  Especially in the past months.  I find it more difficult than even the past several years.  My attitudes and assumptions change every day.  All the forecasting that is published, all the predictions made by pundits is mostly impossible to understand and make an sense out of.  There is one truth that keeps arising.  The economies of the world have never been more intertwined than today.  A crises anywhere in the world reverberates right back to Incline Village.  Ever bump in the night causes us to run to shelter.  Often the shelter is more dangerous than where we had just been. Interest rates decline, we see that as time to arrange for better financing.  Interest rates increase, we see that as time to buy a home.  T...
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