The number of homes for sale at the lakefront level is slowly increasing. Options are getting interesting as we are seeing not only re-entries with lowered prices (these homes were rejected by the market last year) but also entirely new-to-the-market homes being offered for the first time in years, decades or ever! The usual occurrence this time of year is to see re-entries hitting the market. Since the great lakefront sales boom of 2012 when we had twice the volume of a ‘normal year we had a number of homes come to market which never sold. Some of these would-be sellers are pulling back entirely while others are giving it another stab – usually at lower prices. 2014 will be the year that these sellers readjust their sights and get the job done. For the patient buyers who were waiting on these to come down, this could be an interesting summer. Whichever side of the equation you are on, this should prove to be a good year.
Maybe you’re a potential seller whose property hasn’t been on the market in years or ever. Others like you are coming to market at all levels. This new inventory will refresh semi-active buyers and also entice new buyers to get off the sidelines and start touring our inventory. Get in touch with Alex to learn how your property would perform this year. I start the process with your goals and letting you know how they align with the market. From there you can decide if this is the right time for you to get on the market and move on from your Tahoe property.
Buyers: keep in mind that I know of a number of lakefront homes which will be hitting the market soon but are in process of gather marketing collateral, photography, etc. I’m happy to share this info with qualified buyers. If you’re a seller who I’ve talked with, you know I’ll respect your privacy as we agreed to previously.