Tahoe sees more high-Dollar-real estate sale by 2013 with the closing price of 20.9 million $ ~ market overall strong momentum is expected to continue in 2013

TAHOE CITY, California (Wednesday, February 6, 2013) -.

Oludola | ?2.6.13 sold for $20.9 M

Tahoe luxury properties has announced the sale on 6 February Oludola, an area of Lakeside located in Zephyr Cove, Nevada - that brand of transaction of dollars of real estate in the region of Lake Tahoe for a single-family home until 2013, with a closing price of 20.9 million $.

Activity in January, predictions of bolsters of 2013 which are trends on the rise from the previous year should continue - influencing the luxury segment / on the edge of Lake Tahoe as well as several areas surrounding the Lake.? Town of Truckee of California, which is home to a large majority of residents for full-time, experienced a year on the other median growth of 18 per cent; While the overall northern part of the Tahoe basin has experienced a median growth of 26 percent.? Other areas surrounding Lake Tahoe follow a similar pattern.

"Buyers in all markets are recognizing the opportunity," said Bill Dietz, President of properties-selling luxury Tahoe.? "Median home price, as the volume of sales, global market of that Tahoe found low end 2011 early 2012;"and recover actively", he said."

Inscription on the edge of the Lake. Crystal Bay, NV

Known for its opulent properties on Lake Tahoe luxury market remains strong.? "With 38 public lakeside transactions on the North and West shores of California and Nevada in 2012, we have seen tremendous activity within this niche segment, and it seems that the activity will see this year," Dietz said.? "Lakeside buyers take advantage of lower prices over the past five years; and because the finished inventory between deploy, potential buyers are energetically available houses, "he said.? "Another factor strongly weighted in the luxury market, is that high-wage California gains buy in Nevada to escape recent increases of taxes of California. ''

Direct sellers in the Lake Tahoe area display the current trends of the activity as an opportunity as well.? Most recent list of Dietz, which was announced in January, is located 2 km from the shore of Tahoe Carnelian Bay.? "Inventory of the Lake region was almost entirely consumed in 2012," said Dietz, ' and with '.

New registration | Carnelian Bay, CA

"ask force equal moving in 2013, the seller of our most recent ad views the schedule as a chance to be one among a short list of homes available at the beginning of the year."

Beyond the luxury market / at the edge of Lake Tahoe, also benefit from primary and secondary home buyers in the neighbouring regions of the Lake.? ?Lower prices and historically low interest rates have created an active market in the North Lake Tahoe communities from station by skiing, as well as Truckee, CA and the surrounding area.? For example, the selling price median in Northstar, CA is a minimum of five years of $ 600,000; which has led to an increase of 66% between 2008 and 2012.

"Housing sales on the California and Nevada sides of Lake Tahoe and surrounding areas borrow are inspired by activity in the San Francisco Bay Area, usually following suit within six to eight months," said Dietz.? "Many buyers with guarantee primary Bay Area homes begins to look for a second home in Tahoe.? With the record sales volume and growth in median price during 2012 in and around San Francisco, we now see this model prove their accuracy at the edge of the Lake. ?

Read more comments about the sale as well as the overall growth of the market within the market of the real estate of Lake Tahoe from Bill Dietz:

On 7 February the Wall Street Journal

Business Journal Sacramento on February 6

For additional reports on median sale price and volume trends over the past five years in North Lake Tahoe, CA and NV, Squaw Valley and alpine meadows, Northstar and Truckee, CA and Incline Village and Crystal Bay, NV, visit TLuxP.com.

On the Tahoe luxury propertiesR: Tahoe R luxury properties is a full-service real estate specializing, the Prime Minister and the sale of real estate, vacation rental in Lake Tahoe North Shore, Truckee and Northstar, CA and Incline Village, NV - and includes the largest selection of vacation by the Lake Tahoe properties North and West shores.? For more information, visit TLUXP.com or call 800-581-8828.

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