We Got Some Snow!
Finally right? It is way past due, and is very appreciated. What does fresh snow mean for the Lake Tahoe real estate market though?
Well, the inventory of Tahoe homes for sale is pretty low right now. When inventory is low we have a seller’s market and we start to see prices rise. Prices have risen slowly but steadily recently. With a potentially large influx of tourism now that we got some snow, we could see prices rise even a bit more as our visitors take the time to look at our home inventory. Any Tahoe homes currently up for sale should benefit greatly from this.
If you’ve been thinking about selling your Lake Tahoe home, then now is a great time. With a low inventory plus an influx of buyers, it means more money for you and a potentially shorter time on the market. As a seller you have fewer tahoe homes to compete with as the home inventory is so low. Pull the trigger.