Tag: Lake Tahoe real estate

Lake Tahoe Home Market Report 2024: Buy or Sell?

Posted on by Liza Muhl

Lake Tahoe Home Market: Buy or Sell Now?

Lake Tahoe continues to be a premier luxury destination and a strong investment market, attracting buyers seeking second homes, vacation retreats, and high-value real estate opportunities. Known for its stunning natural beauty, world-class outdoor recreation, and desirable year-round lifestyle, the region remains a hot spot for both primary and secondary homeowners.

As we move into 2025, the Lake Tahoe home market remains highly competitive, with low housing inventory driving demand, particularly in sought-after areas such as lakefront properties, ski-in/ski-out homes, and luxury mountain estates. Buyers looking in the neighborhoods of  the West Shore, North Lake Tahoe, Tahoe City, and Incline Village will continue to face a fast-moving market, as limited supply and high desirability keep home prices strong.

For potential buyers, understanding Lake Tahoe market trends, median home prices, and luxury real estate appreciation is essential for making smart investment decisions. Market conditions, including interest rates, seasonal fluctuations, and buyer demand, will shape opportunities throughout 2025, influencing affordability and competition. Those interested in purchasing a home should work with a local expert to navigate pricing trends, negotiate effectively, and identify the best properties before they hit the broader market.

Sellers also stand to benefit from the ongoing demand, as well-maintained and well-located properties continue to attract interest from buyers looking for Lake Tahoe vacation homes, investment properties, and full-time residences. Proper pricing and expert guidance will be key to maximizing returns in this dynamic market.

Whether you’re considering purchasing a Lake Tahoe luxury home or listing your property for sale, staying ahead of real estate trends is crucial. Thinking about buying or selling in Lake Tahoe in 2025? Contact The Q Group today for expert insights, exclusive listings, and personalized real estate guidance tailored to your needs.

2024 Year-End Full Market Report

Contact Amie Quirarte with The Q Group

Real Estate 101 | Protect your Earnest Money Deposit

Posted on by Liza Muhl

When buying a home, you’ll likely come across the term Earnest Money Deposit (EMD)—but what exactly is it, and why is it important?

An Earnest Money Deposit is a good faith deposit made by the buyer after an offer is accepted to show commitment to purchasing the property. The deposit is typically 1-3% of the home’s purchase price and is held in an escrow account until closing. If the transaction moves forward, the EMD is applied toward the buyer’s down payment or closing costs.

However, if a buyer needs to back out of the deal, getting the EMD refunded depends on the contract terms. Understanding how to protect your deposit is essential for home buyers navigating the real estate process.

3 Ways to Protect Your Earnest Money Deposit

Contingencies are legal protections written into the purchase contract that outline specific conditions that must be met before the sale can proceed. These contingencies can help home buyers safeguard their Earnest Money Deposit if unforeseen issues arise:

  • Financing Contingency – If your mortgage loan is denied due to factors beyond your control, this contingency allows you to cancel the contract and receive a refund of your deposit.
  • Appraisal Contingency – If the property appraises for less than the agreed-upon purchase price, and the seller refuses to lower the price, this contingency gives you the option to walk away and get your deposit back.
  • Investigation Contingency – If a home inspection reveals significant defects and the seller won’t negotiate repairs, this allows you to withdraw from the sale and keep your deposit.

These contingencies protect real estate buyers from financial loss and should always be carefully reviewed with a real estate agent.

When Could You Lose Your Earnest Money Deposit?

While most buyers can get their deposit refunded under valid contingencies, there are situations where a seller is entitled to keep the EMD:

  • Backing out without a contingency – If a buyer withdraws for personal reasons without a contractual contingency, they risk losing their deposit.
  • Missing contract deadlines – Failure to meet agreed-upon timelines for inspections, financing, or closing can result in an EMD forfeiture.
  • Waiving contingencies – If a buyer waives the home inspection or financing contingency, they may be unable to recover their deposit if an issue arises later.

Final Thoughts

An Earnest Money Deposit is a crucial part of buying a home, showing the seller that you’re serious about the purchase.  By including contingencies, following contract deadlines, and documenting everything in writing, you can safeguard your investment and navigate the home-buying process with confidence.

📩 Buying a home? We’re here to guide you through every step of the process. Contact us today for expert real estate advice!

Second Deepest Lake in U.S. Gets a Boost

Posted on by Liza Muhl
Lake Tahoe, the second deepest lake in the United States, plunges to an impressive 1,645 feet. Pictured is Emerald Bay.

Lake Tahoe, the second deepest lake in the United States, plunges to an impressive 1,645 feet—deep enough to submerge a skyscraper like the Empire State Building. Tahoe’s water level plays a crucial role in the region’s ecosystem, water supply, and recreation. Thanks to a powerful atmospheric river—the lake level has raised its surface by over a quarter of a foot in just one week. This surge helps sustain drinking water sources, wildlife habitats, and lakefront properties, ensuring a healthy balance for the environment and the communities that depend on it.

Latest Precipitation Due to Atmospheric River Adds 12 Billion Gallons of Water to Lake Tahoe

SnowBrains | 

Lake Tahoe’s water level has increased by over a quarter of a foot since last week, requiring an astonishing 12 billion gallons of water to achieve this increase. The recent atmospheric river event significantly boosted the lake’s water supply, according to a social post from The Tahoe Fund.

As of Thursday, February 6, 2025, Lake Tahoe’s water level is 6,227.10 feet above sea level, 2.10 feet above its full pool of 6,225.00 feet.  The substantial amount of water is thanks to the atmospheric river that hit the west coast bringing heavy precipitation.

While a three-inch increase might not seem much, the sheer volume of water required to raise Lake Tahoe’s level is staggering. The 12 billion gallons added to the lake since last week highlight the immense size of Lake Tahoe, a crucial water source for the region.

READ MORE

 

Price Reduction | Everline Resort 2-Bed Condo in Olympic Valley

Posted on by Liza Muhl

Welcome to Everline Units 709 + 711

400 Resort Road in Olympic Valley, California

2 Bedrooms | 2 Bathrooms

Listed Price $779,000

Resort

This exquisite two-bedroom condo has beautiful views of the forest that surrounds Everline Resort and is what makes Olympic Valley one of the most coveted ski and recreation communities in North America.

Strong rental history! The one-bedroom fireplace suite offers a master bedroom with a king bed, a bathroom with a separate shower and tub, an owner’s locked cabinet with ample storage space, a kitchenette, and living and dining spaces. The second unit has one king bed with its own bathroom. You can lock off one bedroom/bath separately from the fireplace suite, offering a great balance between owner usage and rental opportunities.

Après ski hosted happy hours occur in the “Owner’s Lounge” located in the ski locker area. The Everline facility boasts many dining options, shopping, fitness center and onsite recreational options year-round. Because of its concierge-style luxury resort experience and ample facilities, it’s also a popular wedding and conference destination. Enjoy generating income on your condos when you aren’t using them!

🏔️ Property Highlights:

✔️ 2-bedroom lock-off condo – maximize rental potential
✔️ Stunning forest views at Everline Resort
✔️ One-bedroom fireplace suite w/ king bed & kitchenette
✔️ Spacious second bedroom w/ king bed & private bath
✔️ Ski-in/ski-out access + ski locker area w/ Owner’s Lounge
✔️ Après ski happy hours & resort-style amenities
✔️ Dining, shopping, fitness center & year-round recreation
✔️ Premier wedding & conference destination

Ready to make Lake Tahoe a winter getaway? Contact me for a private tour.

📞 Let’s Chat! Call me at 650.290.3008
📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more

 

 

January’s Local Market Snapshot

Posted on by Liza Muhl

LAKE TAHOE BASIN REAL ESTATE

As a luxury destination and strong investment market, Lake Tahoe’s appeal remains robust. For 2025, low inventory is expected to drive competition and sustain strong pricing, particularly in high-demand segments like lakefront and luxury properties.

The Lake Tahoe real estate market remains dynamic as we close out the year. Here’s a snapshot of current market conditions across key areas:

These numbers reflect a mix of opportunities and challenges for buyers and sellers. If you’re considering entering the market, now is a great time to discuss your goals with a real estate professional who understands Tahoe’s unique market.

📞 Let’s Chat! Call me at 650.290.3008
📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more 

Winter Selling is Just as Good as Spring

Posted on by Liza Muhl

Winter Selling in Lake Tahoe: A Unique Opportunity

Selling your home in the winter might seem like a challenge, but in Lake Tahoe, it can be a strategic choice with great potential. With fewer listings on the market, your property has a better chance to shine, standing out to serious buyers who are actively searching during this season.

Winter buyers are often highly motivated—they may need to relocate quickly, are eager to secure a vacation property, or want to settle into their new home before spring. Additionally, Lake Tahoe’s winter charm works to your advantage. Showcasing your home’s cozy interiors, stunning snow-covered views, and features like fireplaces or heated floors can create an irresistible appeal.

If you have been considering selling, winter might just be the ideal time to make your move. Let’s discuss how to highlight your home’s best features and attract the right buyers in this unique season.

Ready to make the most of Lake Tahoe’s winter market? Contact me for a personalized consultation and discover why winter might be the perfect time to sell.

📞 Let’s Chat! Call me at 650.290.3008
📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more 

 

Coffee Talk | For Lake Tahoe Homeowners Affected by L.A. Wildfires

Posted on by Liza Muhl

Tax Relief Options for Los Angeles Properties Affected by Wildfires

As wildfires continue to impact Los Angeles and surrounding areas, many homeowners face the daunting task of rebuilding and recovering. For Lake Tahoe homeowners with properties in Los Angeles, understanding available resources and relief options is critical. The Los Angeles County Assessor’s Office offers valuable tax relief programs to help property owners navigate these challenging times. Below, we’ve outlined the key options available and how they may apply to you.

1. Misfortune and Calamity Tax Relief

If your property has been damaged or destroyed by a calamity such as wildfire or flooding, you may qualify for property tax relief. Here are the details:

  • Eligibility Requirements:
    • The property must be damaged or destroyed by a calamity, with the loss exceeding $10,000 in current market value.
    • An Application for Reassessment: Property Damaged or Destroyed by Misfortune or Calamity (ADS-820) must be submitted to the Assessor’s Office.
    • The application must be filed within 12 months from the date of damage or destruction.
  • Benefits:
    • You may receive a reassessment of your property’s value based on its post-damage condition, potentially reducing your property tax liability.

For more information and to download the application, visit the LA County Assessor’s Disaster Relief page.

2. Proposition 19: Disaster Relief Transfer of Base Value

If your property was substantially damaged or destroyed by a Governor-declared disaster, Proposition 19 provides additional relief:

  • Key Features:
    • You can transfer your property’s tax base to a comparable replacement property within the same county or in another California county.
    • This allows you to maintain your lower tax base, even if you move to a new property.
  • Eligibility:
    • The replacement property must be comparable in value and purchased or built within a specific timeframe. For detailed guidelines, visit the Prop. 19 page.

Additional Resources

For further guidance or support, consider these resources:

  • LA County Assessor’s Office Contact Form: For personalized assistance, use the Contact Form.
  • California Board of Equalization Disaster Relief Website: Additional tools and resources are available at boe.ca.gov.

Recovering from a disaster is never easy, but these programs can help ease the financial burden.  Together, we can weather this challenging time and work toward rebuilding stronger communities.

📞 Let’s Chat! Call me at 650.290.3008
📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more 

 

Heartfelt Support for our L.A. Friends

Posted on by Liza Muhl

Our hearts are heavy as we witness the devastation caused by the Los Angeles fires. To all Angelenos impacted—families, neighbors, first responders, pets, and wildlife—our thoughts are with you during this incredibly trying time.

For our Tahoe community, we recognize that many of you are second homeowners with properties or loved ones in the Los Angeles area. If you’ve been directly impacted, please know that our support extends to you as well. The strength and resilience shown by our communities remind us that we are stronger together.

In the spirit of unity, we’ve compiled essential resources to assist those affected and to help those who wish to contribute to relief efforts:

Emergency Updates and Safety Tips

  • Ready LA: ready.lacounty.gov
    Stay informed on evacuation orders, safety tips, and emergency alerts.
  • Cal Fire: fire.ca.gov/incidents
    Track fire updates, containment progress, and safety guidelines.

Evacuation Shelters and Assistance

Air Quality and Health

  • AirNow: airnow.gov
    Monitor air quality levels and take precautions for sensitive groups.
  • Wear N95 masks outdoors and use HEPA filters indoors to protect against hazardous smoke.

How to Help

 

Coffee Talk | Leveraging a Worldwide Audience

Posted on by Liza Muhl

Global Reach That Sets Us Apart

Your home deserves more than local exposure. With our global reach, we connect your property to buyers across the world, ensuring it stands out and attracts top offers. 

  • Access to 550+ top-tier brokerages in over 60 countries through the Leading Real Estate Companies of the World®.
  • Exposure to high-net-worth buyers via Luxury Portfolio International®, the largest global network of independent luxury brokerages.
  • Exclusive advertising and public relations opportunities through Mayfair International Realty, which includes premium placements like Country Life magazine in the U.K.
  • Exclusive member of REALM®,  a collective of the most accomplished real estate agents worldwide. My affiliation with REALM® opens up a world of opportunities for you. Ask me why.

With these connections, your property is marketed to an extensive international audience, ensuring maximum visibility and success.

Ready to Get Started?
Whether this is your first time selling or you’re a seasoned homeowner, having a trusted expert by your side can make all the difference.

📞 Let’s Chat! Call me at 650.290.3008
📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more 

 

Real Estate 101 | Buyer’s vs. Seller’s Market

Posted on by Liza Muhl

What You Need to Know

The terms buyer’s market and seller’s market are essential in understanding the dynamics of real estate. They influence everything from pricing and competition to how quickly homes sell. Let’s break down what these markets mean and how they affect buyers and sellers.

What Is a Buyer’s Market?

A buyer’s market occurs when there are more homes for sale than there are buyers actively looking. This creates an oversupply, giving buyers the upper hand in negotiations.

Key Characteristics of a Buyer’s Market:

  • High Inventory: More homes available than interested buyers.
  • Longer Days on Market (DOM): Homes take longer to sell.
  • Price Reductions: Sellers may lower their asking price to attract buyers.
  • Fewer Bidding Wars: Buyers often have the luxury to negotiate better terms.

What Is a Seller’s Market?

A seller’s market occurs when there are more buyers than available homes. Limited supply increases competition, driving up prices and favoring sellers.

Key Characteristics of a Seller’s Market:

  • Low Inventory: Few homes available compared to the number of buyers.
  • Quick Sales: Homes sell faster, often within days.
  • Multiple Offers: Buyers compete, sometimes leading to bidding wars.
  • Higher Prices: Sellers can price their homes higher due to demand.

What It Means for You

  • If You’re a Buyer:
    • In a buyer’s market, take your time to find the right home and negotiate favorable terms.
    • In a seller’s market, get pre-approved, act quickly, and be prepared to offer competitively.
  • If You’re a Seller:
    • In a seller’s market, capitalize on demand by pricing your home competitively to spark interest and potentially multiple offers.
    • In a buyer’s market, invest in staging and pricing your home strategically to attract offers quickly.

Whether it’s a buyer’s or seller’s market, understanding the dynamics gives you the tools to make informed decisions. Partnering with a skilled real estate professional can help you navigate the market confidently and achieve your goals.

Contact Amie Quirarte with The Q Group