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At Lake Tahoe, a High Waterline Means Heightened Sales This Summer <p> After a years-long drought, major snowfall will raise the lake and the appeal of lakefront mansions

At Lake Tahoe, a High Waterline Means Heightened Sales This Summer

After a years-long drought, major snowfall will raise the lake and the appeal of lakefront mansions

Drought-ending snowfall around Lake Tahoe this winter has realtors forecasting a busy spring and summer sales season for lakefront mansions, thanks to a geologic phenomenon that can sink or swim sales activity. The height of Lake Tahoe influences sales along the waterfront, where the waterline by a multi-million-dollar mansion can vary as much as 200 […]

Q1 Real Estate Market Report, Market Forecast & Lakefront News

Q1 Real Estate Market Report, Market Forecast & Lakefront News

In the first quarter of the year, generally speaking, we saw the median price of sold homes move upward, while sales volume declined in most segments. The drop in sales volume can be attributed to the active winter weather that descended on the Tahoe area for much of the quarter. The dramatic and sometimes paralyzing […]

Lake Tahoe filled to the brim

Lake Tahoe filled to the brim

Lake Tahoe is full. As of April 17, the lake’s surface elevation was 6,227.64 feet — almost 5 feet above its natural rim. U.S. Water Master Chad Blanchard said his office has been spilling water from Lake Tahoe since Feb. 22 in an effort to prevent the lake’s level from rising too high. It’s the […]

Tahoe Region Is Holding 3 X Its Average Snowpack For This Time Of Year!

Tahoe Region Is Holding 3 X Its Average Snowpack For This Time Of Year!

 As the rest of the country watches their snow quickly retreat to higher elevations, Squaw Valley’s Andy Wirth is talking about keeping the lifts running all the way through the summer. Related: Squaw Valley is Considering Staying Open Though The Summer And Right Into Next Season! Turns out, that’s a real possibility as the USDA’s SNOTEL summary […]

Rockridge dump receives 19 offers, sells for quarter-million over asking

Rockridge dump receives 19 offers, sells for quarter-million over asking

Peeling paint, rotting wood, unfinished ceilings and torn-up linoleum didn’t stop prospective homebuyers from making an offer on a ramshackle Rockridge abode. The teardown at 383 60th St. sold for a quarter-million over asking on Friday after receiving 19 offers. The one-bedroom, two-bath bungalow built in 1905 went on the market in March for $495,000 […]

Google buys industrial land near Tesla Gigafactory east of Reno

Google buys industrial land near Tesla Gigafactory east of Reno

WINNING BIG: ECONOMIC DEVELOPMENT FUELS NORTHERN NEVADA GROWTH After going through the toughest recession in its history, Northern Nevada has seen its fair share of economic development victories in the years that followed. Here’s a list of some of the major economic development wins that the region has seen.  THE BIG ONE TESLA MOTORS GIGAFACTORY […]

After 63 feet of snow, Northern California mountains break record for wettest water year

After 63 feet of snow, Northern California mountains break record for wettest water year

A mind-boggling 751 inches of snow have pummeled the Sugar Bowl ski area near Lake Tahoe this winter. It’s emblematic of a record season for precipitation in California’s northern Sierra Nevada mountain range, and the abrupt end to a historic drought. As of Thursday morning, the northern Sierra had achieved its wettest water year in recorded history, […]