Fortunately, all of the online inquiries and website analytics, as well as the conversations we are having with our buyers and other agents in our Tahoe brokerage community, confirm that buyers are still very engaged in their hunt for the perfect vacation home. It’s just a matter of getting them up here! The forecast shows the weather patterns improving, which means the sales momentum initiated in January will pick back up. Given the excitement for skiing, low interest rates and good/balanced inventory, as well as pent-up demand, I expect we’ll see a busier than normal spring selling season.
Additionally, there are some economic forces in play that will have a positive impact on the luxury market in Tahoe. Financial experts have been saying we might see one of the biggest IPO seasons in history this spring. The IPOs that are forecasted in the Bay Area, our main feeder market, will create significant liquidity events for many people working in these industries. This instant inflow of cash will push many prospective buyers off the fence and into that luxury vacation home they’ve been eyeing for a long time. Here’s an article that talks about the top nine IPO’s in 2019 to watch. I will follow these companies and keep you informed on how these IPOs impact our Tahoe market.
4bd/4ba, 4,210 sq ft
Huge Price Reduction on this Authentic Tahoe Lakefront – $5,750,000
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We hope this information is helpful. We are experts in the second home luxury market of north Lake Tahoe and look forward to the opportunity to help you buy or sell your property. Thank you for your continued confidence, support, business, and friendship. We are honored to work with you while living in this magical place we call home.
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