Over the last two years we have experienced the most heightened real estate frenzy of our lives. Currently, we are seeing conditions begin to stabilize. Leading into summer 2022, our Tahoe and Truckee markets experienced an increase of inventory. Even with the slight increase in inventory, the demand from buyers was still not met. Now, entering fall, prices are stabilizing as we experience Continue Reading

This summer, with the help of Tahoe volunteers in Baja, we partnered with Young Life to build a home for a local family in need. As the center for a family's stability, the gift of a home is immeasurable. By working with The Riedel Group, you enable us to continue to contribute to projects that benefit numerous communities. For further information on how you might be involved in 2023 building Continue Reading

With the discussion surrounding the economy and housing market, some buyers are toggling the notion of waiting to purchase a home. Currently, all signs indicate a strong market progressing forward into 2023. With housing prices stabilized, and median prices still higher than this time last year, there is no indication that prices will drop going into 2023. While economists predict a potential Continue Reading

With summer coming to a close as final camping trips are planned and schools quickly returning to session, we begin to make our fall real estate market predictions.  Mortgage applications nationally have dropped to one of the lowest levels of the past two decades as of June, but prices are still holding steady in Tahoe. With not much of a shift predicted in the national market, buyers that Continue Reading

With warnings of the national housing market weakening, Tahoe and Truckee real estate markets have remained strong and consistent. New listings are tripling from the quantity year to date at the end of the second quarter, and interest rates are still high but stabilizing. We are seeing a steady offer supply, with buyers ready to resume their Tahoe area home search. Amenity rich neighborhoods, Continue Reading

Thank You For Your Support A few months ago, you were introduced to the family in Baja, Mexico selected to receive the home funded by The Riedel Group, on behalf of our clients. Now, with volunteers on site, the family's dream of their own home in a safe neighborhood is nearly a reality.  The family has been able to stand on the site of their future home and help to build walls Continue Reading

  As we continue to speculate about the next few months and years of the Tahoe Truckee real estate market, we turn to indicators of a leveling market in the future. Paired with higher mortgage rates, high median home prices, inventory still below market demand, and luxury sales slowing year over year, professionals take this as an indication of a leveling out of the market. We are Continue Reading

Summer is just around the corner in the Tahoe region, and with it our local market saw an influx in new listings over this past Memorial Day weekend. During the holiday weekend, 66 new homes hit the market, with 13 of those homes pending sale in less than 6 days from listing. The homes that went into contract over the weekend were priced correctly for the current market. The sellers were realistic Continue Reading

We've seen an upswing of listings recently in our Tahoe market, and home values are remaining high. If you're looking to make a move or sell your home, it remains critical that you are in close communication with your real estate team and are ready to make a competitive offer as homes hit the market. Continue Reading

There are many predictions for what the real estate market holds for the remainder of 2022. Mortgage rates seem to continue to rise, though many expect them to remain about 4% (according to NAR Chief Economist, Lawrence Yun). With the raise in rates, we expect to see slightly less competition as the increase has pushed some would-be buyers out of the market. As rates continue to rise, buyers who Continue Reading