Beautiful lakefront estate. Lakefront "Rodman" built home. Panoramic lakeviews on a private cove. This exquisite custom home has two buoys. Elevator, gourmet kitchen, home theater, wine rooms, and more. Fabulous thru-out! Some furnishing exclusions. Four bedrooms, four bathrooms, 7,130 square feet. Offered for $12,600,000. Showings by appointment. Continue Reading
Archives for June 2013
Time for Buyers to Act Quickly!
With inventories for homes and condos down 19% over the last 12 months, and interest rates starting to rise, it is time for Buyers to act quickly. Although there will always be good deals in any market, the best buys will be made sooner rather than later. As prices rise, this will induce more Sellers to put their properties on the market, which will tend to counteract the upward momentum we are Continue Reading
Real Estate Market
Recently, a noted economist was discussing the real estate market. Below is a summary of some of his conclusions. Incline Village housing market has turned the corner. Low production, low inventories suggest change in housing stock demand will overwhelm new flow supply. Historical relationship between underlying trends in Incline Village house price appreciation and (lagged) Incline Continue Reading
Hot Real Estate Market
We have experienced a hot real estate market for the past few months, with well-priced homes often receiving multiple offers and even selling above the asking price. If you are thinking of selling, now is the time. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), reports that the month of May is showing signs of leveling off, with many buyers pausing while they wait Continue Reading
Rosy Picture For Incline Village Real Estate
ROSY PICTURE FOR INCLINE VILLAGE REAL ESTATE According to Bank of America - Merrill Lynch, home prices will be heading even higher this year with an anticipated increase of 8%. This is due to a shrinking inventory and record high affordability. In addition, the Federal Reserve will keep the mortgage rates at historically low levels this year. Merrill Lynch also comments that due to the Continue Reading