“In stark contrast to prevailing assumptions, values for real estate in the Tahoe Truckee region rose in October. While the quantity of transactions has declined market wide, certain communities wherein supply remains constrained are seeing resolute pricing stability.”

“The early weeks of Q4 are typically the apex for residential closings. The market has undeniably cooled from the fever pitch of the preceding two years, however an accurate snapshot of exactly how far the market will adjust is still undetermined…”

“The overall velocity of sales has unquestionably slowed combined with a meaningful leap in inventory. While neither has changed in a way that inverts supply and demand away from the seller’s favor, conditions over the last few years have been so dramatically skewed as to create a stark difference at the outset of H2, 2022.”

“The median price to date in 2022 is $1,100,000, 75% higher than 2019 and 18% over the same period last year.”

“This moment, wherein demand is overwhelming supply by a factor of four, would be one such instance except for extremely constrained supply…”

“As was the narrative throughout 2021, residential listings stood at an all-time low of 137 at the start of January, only to dwindle to a meager 104 by the end of the month.”

We've now received over 200" of snow in December, shattering the previous 170 record of 179". This storm alone deposited 135" on Donner Summit!

Elements of saturation are becoming evident as the Tahoe-Truckee real estate market tapers into an early winter. Price fatigue has undoubtedly set in as sellers have continued pricing along a meteoric curve while buyers, still quite active by any ordinary standard, have begun to apply some measure of discipline in making purchasing decisions…

As of this past week, the Tahoe Truckee region just surpassed $2,000,000,000 in residential sales, only the second time ever this has happened... and it's still just Q3.

I was woken up last night by my dog's loud breathing in my face. A typical occurrence, however, this time was different as several flashes of lightning, followed by large booming thunder got her attention. I slept horribly, filled with anxiety that these dry lightning strikes would start a new fire here in our town….

The recent wildfires within close proximity to the Truckee/Tahoe area, most notably, California's largest fire in history, the Dixie Fire, has burned 699,666 acres and as of today is now 35% contained…

The current velocity of the real estate market will ultimately prove unsustainable, but few signs of erosion are present. Today’s consumer is well calibrated to the realities of the market; including a keen awareness of buying into a peaking market…

May often represents the pinnacle of listing season as homeowners evaluate the utility of second homes relative to use and maintenance. There will undoubtedly be an increase in listing activity as compared to the early months of 2021…

The most prolific first quarter to any year in Tahoe Truckee real estate was capped by the month of March in which multiple records were toppled. Driven by a remarkable $31,000,000 sales of a lakefront estate on Tahoe’s West Shore…

Rapid absorption of new supply has kept the Tahoe-Truckee real estate market active at historical levels while standing inventory remains implausibly tight. 108 residential transactions in February are 24% above the same period…

While we are obviously still dealing with the same issues of 2020...it does feel good to turn the page and vitally important to celebrate the positivity that did come out of last year. For me, it solidified the importance of…

As 2020 has gone, every “shock” event whether shelter-in-place orders, civil unrest, wildfires or otherwise has created a surge in demand for mountain real estate. The reality…

One of the most remarkable characteristics of our current market is just how little inventory we've managed to have while still shattering historical records month after month. Throughout much of 2020 and early 2021…