North Tahoe Real Estate

As a residential real estate specialist over the past 29 years, I have experienced the many up and down cycles of the market on the north, west and east shores of Lake Tahoe.

Beginning in 1981, interest rates soared to 18% and very few, if any, homes were selling. Seller financing was one of the only means of closing a transaction and there were some very creative and crazy ways of doing business. Later, the Tahoe Regional Planning Agency moratorium was established and lasted for 5 years during which time building came to a halt while lake clarity studies were completed. Since that time there have been several buyers and sellers markets.

Home prices actually doubled between 1995 and 2005 and it seemed as though appreciation rates were endless! However, in the summer of 2006, that appreciation rate bubble finally burst.

August of 2009 has brought correction to the market and there are positive signs that it is heading in the right direction and Tahoe real estate is currently very attractive to buyers and sellers. It appears that the market has come full circle and there are now many great deals here at the lake.

If you are interested in learning more about real estate value at the lake, or are interested in buying or selling property here, please call 800-222-5202 or email me at craigmclochlin@gmail.com. I am eager to assist you with any of your real estate needs.