| Why
Buy in South Lake Tahoe?
Lake Tahoe
is a resort destination with a large percentage of second
homes. The second home market is healthier than the primary
home market. According to MSN Money
"Lake Tahoe is among the top ten places to buy a second
home". Not to mention the year round activities that
Lake Tahoe has to offer. Why not buy a home in Lake Tahoe?
Buyers
2008 will
prove to be a year of opportunities for South Lake Tahoe home
buyers. Most
Housing Forecasts agree that new and existing homes sales
will bottom out this year.
The National Association of Realtors is forecasting that existing
home sales and prices
are to stabilize in the second quarter, and rise throughout
the second half of the year.
Sellers
If you
are planning to sell your home in 2008, you need to stand
out from the rest.
Pricing your home right in the beginning is very important.
Statistics show that houses that are priced well from the
start have more activity than those that are priced too high,
and then reduced down the line.
Keeping your home presentable is very important as well. It
helps to make sure your home is neat, clean and that it looks
spacious. An easy way to accomplish this may be to clean your
carpets if necessary, remove clutter, and paint any dirty
or scuffed walls. Remodeling may not pay for itself in this
market, but just these small steps will go a long way in helping
you stand out!
Interest
rates are still historically low, and are expected to fall
more in early 2008.
Financing will still be readily available for borrowers with
sound credit.
Real
Estate is still a great long term investment, and on average,
doubles in value
every Ten years, There will be Excellent opportunities to
buy Real Estate in South
Lake Tahoe at prices that we have not seen in years!
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