Uncategorized April 8, 2020

Tahoe Home Sale & COVID-19 Update for April 6, 2020

I’m giving you another weekly update which means that I have way too much time on my hands. I found this on Facebook. It may give you a little chuckle!

I have something positive to report which will be good news for the sellers. Two of the 5 Pending sales this past week were on the market for less than 10 days. One home had an asking price of $495,000 and the other was asking $759,000. The statistics below come from the South Tahoe Association of Realtors MLS and the Northern Nevada Regional MLS and it’s for the week beginning on March 30th, 2020 to April 6, 2020.

South Lake Tahoe

9 New Listings

5 New Pending Sales

1 Withdrawn

9 Closings

 

Stateline Nevada

1 New Listing

3 New Pending Sales

1 Withdrawn

6 Closings

Technology is proving to be useful assisting with showings in today’s market. Real Estate agents are learning to use tools such as videos and face time which have become alternatives to a physical viewing. The California Association of Realtors (CAR) has produced guidelines for safe practices during COVID-19 threat. Virtual viewings for buyers are a large part of it. As a result, offers made sight unseen are now becoming more acceptable to buyers and sellers.

I’m sure that most of you may have questions. Please send me a reply or give me a call, 530-314-9008. I look forward to assisting you with all of your real estate needs!

Be Safe and Be Well!

Jim Wire