Archives for February 2016
Mortgage Bonds Hold Steady, Home Loan Rates Near Historic Lows
News headlines shared the latest word on housing sales, Gross Domestic Product and inflation ... helping home loan rates remain in historically low territory. In housing news, January Existing Home Sales edged 0.4 percent higher from December to an annual rate of 5.47 million units, according to the National Association of REALTORS®. The increase was the highest level since July 2015. In the Continue Reading
March Events Update for the Greater Lake Tahoe Truckee Area!
We're always looking for something fun to do here in Lake Tahoe after a long day of playing outside in our beautiful Sierra Nevada Mountains! What's better than joining in the local activities, relaxing at home, and then heading back out for more of what Lake Tahoe has to offer? Here are the Gemme Groups' monthly picks of activities to do in our beautiful, stunning Lake Tahoe. March 2016 Continue Reading
Lake Tahoe Home Inventory Low, Sales Volume Exponential Increase
February 2016 Sales Volume 16% Higher than January 2016 Sales January 2016 had the highest sales volume in the last 11 years here in Lake Tahoe. Inventory is typically low during this time of year, but with the increased winter activity, our area has seen an influx of Buyers looking to purchase our beautiful homes, but without the inventory to support that demand! We’ve been seeing lower Continue Reading
New Business in Tahoe: Summit Swirl Frozen Yogurt Treats!
New Local Business in Town! The Gemme Group is excited to share that Truckee-Tahoe has a new business and partner-in-crime: Summit Swirl! Who doesn't want some delicious frozen yogurt after a full day of skiing, mountain biking, boating, or otherwise adventuring in our beautiful Lake Tahoe?! Stop by Summit Swirl in Truckee, and satisfy that craving! Varieties include a dairy-free Continue Reading
PlumpJack Squaw Valley Inn Project Adds Amenities to Lake Tahoe Experience
PlumpJack Squaw Valley Inn is in the preliminary planning stages of their proposed re-build of the existing Plumpjack's location. The second reiteration of the project consists of the total demolition of the existing 61-room property, constructed in 1959, and the construction of the following primary components to create the new and improved PlumpJack Squaw Valley. With a record-breaking winter so Continue Reading
Lake Tahoe Travels To and From Their Luxury Homes
There are two new flights that directly affect the Bay Area-Lake Tahoe homeowner. With JetBlue's new direct flight from Reno to JFK, and Southwest Airlines to begin their direct flight from Oakland to Reno on June 5, 2016, it's never been easier and faster to get up to beautiful Tahoe from home, and onwards to work should New York call your name. While the Economic Development Authority of Continue Reading
Lake Tahoe in Depth 3D Video
As busy real estate nerds, we are always combing for interesting facts, and in love with our beautiful Lake, we needed to share this great video of Lake Tahoe, from the Otellini Visualization Lab, UC Davis Tahoe Environmental Research Center, Incline Village. VIEW VIDEO Continue Reading
El Niño boosts Lake Tahoe
Lake Tahoe, February 5, 2016 The Sierra Nevada is finally having a better-than-average winter thanks in part to an El Niño weather pattern that formed in the Pacific Ocean. But what’s that mean for Lake Tahoe? It means that since Dec. 9 about 28 billion gallons of water have flowed into the lake. The numbers show Lake Tahoe gained about 8 inches of elevation compared the December low Continue Reading
Winter Bounces Back After Drought
TAHOE CITY, CA- Lake Tahoe is FINALLY getting the winter we've been waiting for, and the increased winter activity is clearly reflected in the local economy and morale. Squaw Valley/Alpine Meadows says its on track to record more than a million visitors this season, a record. Our local real estate market is no different, with 62 single family home sales in North Lake Tahoe, January 2016 had the Continue Reading
