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 seeing listings that have been priced too high now see decreases in pricing, and while still competitive, we are seeing slightly less offers than the past two years on new listings.
Although keep in mind, our region is still in high demand. With many companies offering fully remote work policies, or flexible hybrid policies, the Tahoe lifestyle remains accessible to those previously tied to physical offices.
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