Don & Sylvia Leutz
LICENSED REALTORS- California, Nevada and Hawaii.
Chase International
South Tahoe Realty
989 Tahoe Keys Blvd, #1
South Lake Tahoe, CA 96150
Chase International
Zephyr Cove Office
190 Highway 50
Zephyr Cove, NV 89448
(209) 768-5989
 Email:
Leutz@Inreach.com
| If you or a friend is interested in finding out more
about current Tahoe properties for sale, click here for your own
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Or drop us an email at Leutz@Inreach.com |
CALIFORNIA REALTOR BROKERS
#01339390/#01339286
Chase International
989 Tahoe Keys Blvd, Ste 1
South Lake Tahoe, CA 96150
www.TahoeHomesandMore.com
NEVADA REALTORS
S-0054005/S-0054006
Chase International
190 Hwy 50
Zephyr Cove, NV 89448
http://donleutz.inc.mlxchange.com/
HAWAII REALTOR BROKERS
RB-19327/RB-19328
Century 21 All Islands
5-4280 Kuhio Hwy, G-4
Princeville, HI 96722
www.KauaiHomesandMore.com |
TAHOE VIEW
Tahoe View
Newsletter
July 2010
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Greetings!
Summer came in with a bang this year
when over 200,000 people arrived for the 4th of July weekend
at Tahoe. The weather was picture perfect and continues to
be warm and wonderful. This is a busy month with the
Edgewood Golf Tournament taking place this weekend and Hot
August Nights and the South Tahoe Classic Boat Show later
this month.
And while you are here we would be happy to show you some
of the great deals that are out there now in the Tahoe real
estate market. Interest rates are low, the inventory is
high and this could be your best chance to acquire your
future retirement home, vacation home or second home.
The 2010 January to June Sales Statistics are now out for
the Tahoe area. The stats are outlined below. It appears
that prices indeed seem to have bottomed out.
Remember, if you are not already signed up for free
automatic email updates of new property listings, just drop
us an email at
Leutz@Inreach.com and we will sign you up for properties
in your price range in the areas you like best.
Have a great summer - see you at the Lake!
Don & Sylvia
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Have you dreamed
of riding over the pristine blue waters of Lake Tahoe on a
classic triple cockpit wooden boat? Every summer the Tahoe
Meritime Museum makes that dream come true for new and
renewing members at the $100 level. On Sunday mornings and
Thursday evenings, Don is one of the licensed captains who
donate their time to give the rides. The Tahoe Maritime
Museum is located on Tahoe's West Shore in the community of
Homewood and is open daily (except Wednesdays) from Memorial
Day to October 1st. General Admission is just $5. Members
and children are FREE! Whether you just visit the museum or
go out for the real boat ride - this is a Tahoe experience
the whole family will enjoy! Visit the museum's website:
www.TahoeMaritimeMuseum.org for
details and event info.
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This
Thursday, July 15th there will be two meetings to introduce
the new "Tahoe Prosperity Plan" to help plan for the future
economic health of the Tahoe Basin. While Tahoe is held up
as a model for environmental planning - the economic health
of the community has not always been a priority with local
government entities. The new
Tahoe Prosperity Plan is being
developed to assist TRPA (Tahoe Regional Planning Agency) in
future planning for the Tahoe Basin. The
planners are working on three areas of potential future
economic development for the Tahoe Basin including tourism,
green building and environmental redevelopment. The plan
should be complete by late August or early September and
will help to guide TRPA, two state governments, five
counties, the city of South Lake Tahoe and numerous
unincorporated residential communities that make up the
Tahoe Basin. The public is invited to attend either the
morning meeting at 9am at the Embassy Suites in South Lake
Tahoe or the afternoon session at 2pm at the North Tahoe
Events Center at Kings Beach on the North Shore to preview
and comment on the plan.
In our opinion
Tahoe has many challenges ahead. 50 years ago, tourists
flocked to the Nevada Casino's from all over Northern
California. With the legalization of casinos on Native
American lands throughout California, people can now place
their bets and enjoy big name entertainment in or near
their home towns. 50 years ago, tourists filled a
multitude of small motels that built up all along Tahoe's
highways. Today's overnight visitor prefers to stay at a
timeshare, luxury condo or vacation rental home... which
leaves the aging little motels vacant or filled with long
term tenants. South Lake Tahoe's redevelopment plan got
off to a great start with the development of the Heavenly
Gondola, the Marriott, movie theatres and major shopping
areas. Unfortunately the plan got bogged down when in
Phase II when numerous old shops and motels near stateline
were eliminated to make way for a new Convention Center,
shopping center, skating rink and condos. Unfortunately,
that grand plan was caught in the economic downturn when
not enough condos were sold and the developer was unable
to obtain continued financing after excavating and pouring
a portion of the foundations. Now the city is left with a
major eyesore right at the base of the Heavenly Gondola...
and across the street from the Embassy Suites.
Hopefully, the planners at the Thursday morning meeting
will address this issue and other challenges throughout
the Tahoe Basin. The North Shore has its own controversy
regarding the future of the area near the old Tahoe
Biltmore by Cal Neva. Should a major timeshare project be
developed there when there is only a two lane highway to
serve that section of the lake?
For all of its
challenges, Lake Tahoe is one of the most beautiful
communities in the world to live and work and/or visit and
play. 50 years from now Tahoe's growing pains will most
likely be forgotten - but we believe that people from all
over the world will continue to come and enjoy the
striking visual beauty of Lake Tahoe and the surrounding
mountains, meadows and forests. How many communities can
count on that?
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The annual Chase Luxury and Lakefront Home Tour was a
smashing success! And what better way to end a long hard
day looking at Lakefront Tahoe Homes than pulling up to your
own custom mahogany boat bar! And note that it is
conveniently close to the lakefront outdoor kitchen.... and
the indoor swimming pool with waterfall!
This incredible lakefront home is listed for $4,950,000. If
you missed this year's Chase Luxury Lake Tahoe Estate Tour -
try to catch it next year. You won't be disappointed! Just
drop us an email and we will send you the details when the
next tour is announced.
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Lake
Tahoe
MID YEAR STATISTICS - January 1 to June 30
2010 vs 2009
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Incline Village Nevada- Single Family Homes |
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2010 |
2009 |
% |
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Volume |
$91,989,215 |
$62,122,877 |
48% |
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Units |
65 |
44 |
48% |
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Median Price |
$815,000 |
$747,500 |
9% |
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Average Price |
$1,415,218 |
$1,411,883 |
0% |
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Units Under $1M |
38 |
26 |
46% |
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Units Over $1M |
27 |
18 |
50% |
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Incline Village Nevada- Condos |
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2010 |
2009 |
% |
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Volume |
$19,330,345 |
$8,039,150 |
140% |
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Units |
53 |
22 |
141% |
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Median Price |
$350,000 |
$326,500 |
7% |
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Average Price |
$364,723 |
$365,415 |
0% |
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Units <$500,000 |
48 |
17 |
182% |
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Units >$500,000 |
5 |
5 |
0% |
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East Shore Nevada - Single Family Homes |
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2010 |
2009 |
% |
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Volume |
$35,422,550 |
$37,657,530 |
-6% |
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Units |
37 |
39 |
-5% |
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Median Price |
$519,900 |
$520,000 |
0% |
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Average Price |
$957,366 |
$965,577 |
-1% |
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Units Under $1M |
30 |
32 |
-6% |
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Units Over $1M |
7 |
7 |
0% |
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East Shore Nevada - Condos |
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2010 |
2009 |
% |
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Volume |
$6,887,900 |
$3,729,800 |
85% |
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Units |
21 |
12 |
75% |
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Median Price |
$235,000 |
$229,950 |
2% |
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Average Price |
$327,995 |
$310,816 |
6% |
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Units <$500,000 |
19 |
10 |
90% |
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Units >$500,000 |
2 |
2 |
0% |
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South Shore California - Single Family Homes |
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2010 |
2009 |
% |
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Volume |
$99,421,460 |
$63,536,792 |
56% |
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Units |
244 |
170 |
44% |
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Median Price |
$327,000 |
$315,000 |
4% |
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Average Price |
$407,465 |
$373,746 |
9% |
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Units Under $1M |
227 |
168 |
35% |
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Units Over $1M |
7 |
2 |
250% |
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South Shore California - Condos |
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2010 |
2009 |
% |
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Volume |
$5,398,500 |
$2,708,000 |
99% |
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Units |
23 |
11 |
109% |
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Median Price |
$190,000 |
$215,000 |
-12% |
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Average Price |
$234,717 |
$246,182 |
-5% |
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Units <$500,000 |
22 |
11 |
100% |
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Units >$500,000 |
1 |
0 |
100% |
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Tahoe City & West Shore California - Single Family
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2010 |
2009 |
% |
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Volume |
$80,165,232 |
$45,666,750 |
76% |
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Units |
98 |
59 |
66% |
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Median Price |
$460,824 |
$570,000 |
-19% |
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Average Price |
$818,012 |
$787,357 |
4% |
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Units Under $1M |
83 |
51 |
63% |
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Units Over $1M |
15 |
8 |
88% |
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Tahoe City & West Shore California - Condos |
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2010 |
2009 |
% |
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Volume |
$9,263,300 |
$5,983,000 |
55% |
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Units |
17 |
12 |
42% |
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Median Price |
$310,000 |
$433,750 |
-29% |
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Average Price |
$544,900 |
$498,583 |
9% |
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Units <$500,000 |
11 |
7 |
57% |
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Units >$500,000 |
6 |
5 |
20% |
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SEARCH ON-LINE FOR ALL TAHOE
PROPERTIES |
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We also have pre-established links
on our search page to provide you with an easy way to
search for Lake Front Properties, and Lake View
Properties. You can also search for properties by Area...
looking just for properties in California or Nevada or
Incline, NV properties. And you can also search for
properties in the nearby Nevada communities of Minden,
Gardnerville, Genoa, Carson City and Reno.
If you are interested in looking at
Bank Owned Foreclosures - also known as "REO
properties" check out our new website: www.ResortMarketREO.com
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Don and Sylvia Leutz, REALTORS
Resort Market Property Specialists
(530) 541-8849
Accredited Buyer
Representatives - ABR
Graduates of the REALTOR Institute - GRI
Resort and Second Home Property Specialists - RSPS
Don is a Certified Residential Specialist - CRS
Specializing in Resort Market Properties -
Licensed in
California, Nevada and Hawaii
Accredited Buyer Representatives (ABR) - Graduates Realtor
Institute (GRI) - Resort & Second Home Property Specialists (RSPS)
Don is a Certified Residential Specialist (CRS)
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 Chase
International cordially invites you...
Chase International Lake Tahoe Lakefront and
Luxury Estates Tour
Every Summer
Each year, Chase International opens the doors
of their most luxurious Lake Tahoe listings for a public "Open House".
This year's event features one-of-a-kind properties all around beautiful
Lake Tahoe. Some of the prestigious listings on this year's tour
will include multi-million dollar estates, lakefront homes with boat docks and
more.
RSVP: Please email Don
and Sylvia Leutz for your personal invitation and map for next year's tour:
Leutz@Inreach.com
2010 Summer
Boating Events
Lake Tahoe is a boater’s paradise. And
whether you prefer power boats, sailboats or just a quiet kayak… summer is
the best time to enjoy the beautiful blue waters of Lake Tahoe.
JULY 24, 10am-5pm - Living History Day, Free Admission to the Tahoe
Maritime Museum in Homewood.
July 24 - Gathering of the GarWoods, Obexer's Boat Company in Homewood. JULY 30-31, 2010 - South Tahoe Wooden Boat Classic Tahoe Keys Marina, South Lake Tahoe, CA South Shore Lake Tahoe www.tahoewoodenboats.com
AUG 1, ACBS Annual Picnic, Sugar Pine Point State Park in Tahoma.
AUG 14,
10am-5pm - Truckee Annex Open House for Tahoe Maritime Museum.
AUG 21, Tahoe
Get-Around Wood Boat Cruise, for details call Jerry Turney 510-531-8214.
SEPT 11,
10am-5pm - Truckee Annex Open House for Tahoe Maritime Museum.
This
is going to be a great summer for boating events at Tahoe. If you’re not
already a member of a club, you might want to check out their websites for
more event details and membership information:
ACBS=Antique & Classic Boat Society -
www.acbs-tahoe.org
SLTYC=South Lake Tahoe Yacht Club -
www.southlaketahoeyachtclub.com
TYC=Tahoe Yacht Club -
www.TahoeYC.com
Tahoe Maritime Museum -
www.tahoemaritimemuseum.org
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Our Qualifications! Don and Sylvia Leutz
 | Members of the South Tahoe Association of Realtors
and the Sierra Nevada Association of Realtors. |
| Members of the South Tahoe MLS and the Northern Nevada
Regional MLS. |
| Members, Institute of Luxury Home Marketing |
| Graduates of the REALTOR Institute (GRI) |
| Accredited Buyer Representatives (ABR) |
| Resort and Second Home Property Specialists (RSPS) |
| Graduates of the University of California |
| Licensed Real Estate Sales Representatives in California and Nevada |
| Licensed Real Estate Brokers in Hawaii |
Don Leutz
| Member, Incline Board of Realtors |
| Certified Residential Specialist (CRS) |
| Transnational Referral Certification (TRC) |
| Member, Rotary International since 1986. |
Sylvia Leutz
| Certified Residential Specialist Candidate |
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Certified Residential
Specialist
Accredited Buyer
Representative
Graduates of the
Realtor Institute
Resort and Second Home
Property Specialists
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"Specializing in the Good Life" |
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