Incline Real Estate – Jan. 30, 09

Chalk up another incredibly beautiful day in the mountains! This is why we live here and why so many enjoy having a second home in Incline Village. Time to get outside and take advantage of “Spring” conditions early, just remember the sun block!

January snap shot of real estate market:

Residential Market by Subdivisions- Listings  for sale- Under contract-Solds

Planned Unit Developments- Listings- Under contract- Solds

Condominiums- Listings- Under Contract- Solds

Realty update

The foreclosure lists keep expanding  with 4 pages of notices, which for our small community is substantial. It is tough when you recognize the names of friends, teachers, lenders, contractors and agents joining the ranks of the “notice of default” list or worse, foreclosure status.

Price reduction

A price reduction hit the list today on  590 North Dyer it was $649,000 is now $599,000 now it lines up as a good value and still in need of some TLC.

New listing – 841 Tanager- $759,000 Town home (PUD) will be listed today located on the corner of Tanager and Southwood. A small complex of free standing town home with the same great room  floor plans found at Country Club Villas at half the price! Walking distance to the beach, never on a rental program, rarely used by owners, excellent condition. Three bedrooms+ loft office off master, two and ahalf baths, two car garage.