Real Estate Information

Incline Village Real Estate

Chris Plastiras

Blog

Displaying blog entries 1-10 of 38

Bubble? What Bubble?

by Chris Plastiras

Here at Lakeshore, we keep hearing the same question from our friends, family, and clients: “Are we in another housing bubble?”

It is a question that seems to be on the tip of everyone’s tongue and is typically answered with polar opposite views depending on who you talk to. One camp is seeing rising home prices as an indicator of another impending collapse. The other would call this resurgence a recovery rather than the last tick on the doomsday clock.

So who do you listen to? Do you sell all of your property, build a shelter and bury your cash? Or do you sit tight, enjoy the equity in your home and watch the neighbors bury their valuables in the backyard?

“In times like these, the value of working with a local and experienced Realtor is truly apparent. Incline Village is our home, and we know it inside and out.”

Let’s first look at what led to the housing market collapse. To put it simply, the housing market was propped up by bad loans that began to fail and caused the bubble to burst. The artificial demand disappeared and home values dropped to the floor.

Now let’s look at current market conditions: Two factors separate this recovery from the housing bubble and crash of 2007-2008. First; the inventory of homes for sale remains low and is logically driving up prices. During the previous housing bubble, demand was driven by the availability of credit rather than a restricted supply of homes. Secondly, the buyers that are driving this demand are actually qualified to buy a home.  The average FICO score of an approved mortgage in 2005 was 660. Today, that average is 762.

These differences between the housing bubble and today’s market have underlined Lakeshore’s opinion on the market. The housing market will continue to ebb and flow as all markets do. However, the fears of another devastating crash look to be unfounded.

In fact, we are seeing a strong increase in condominium sales, remodels and flips here in the Incline Village market. Investors are taking advantage of their Realtor’s local knowledge and are making smart investments all along the North Shore. This investment is a strong indicator of a healthy real estate market and looks to continue into the near future.

Thinking about investing? Stop by today and pick up a detailed buyers package. The more information you have, the better decisions you can make!

North Lake Tahoe March 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe March 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of March in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

North Lake Tahoe February 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe February 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of February in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

North Lake Tahoe January 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe January 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of January in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

2015 Incline Village Real Estate Sales Report

by Marius Poltan

In 2015 the Incline Village real estate market was very active, the number of sold properties were very similar to 2014 sales. Bellow you have the sales reports for Residential Properties, Condominiums and Townhomes for the past 5 years. Please note that these reports were created using the data entered in the Incline Village MLS System before January 11, 2016 and will not reflect any sales not recorded by this date.

 

 

Happy New Year!

by Chris Plastiras

Chris & Patti Plastiras are wishing you good health, happiness, and success in the coming year and always. 

Happy New Year!

 

 

 

Chris & Patti Plastiras wish you a Merry Christmas!

by Chris Plastiras

North Lake Tahoe November 2015 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe November 2015 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of November in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report

Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Chris & Patti Plastiras wish you a Happy Thanksgiving!

by Chris Plastiras

North Lake Tahoe October 2015 Real Estate Sales Comparison

by Chris Plastiras
  • North Lake Tahoe October 2015 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of October in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report

Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Displaying blog entries 1-10 of 38