Truckee Mid March Market Frenzy
Channel: Chris Hinkel
Date: 2021-03-19

When I did this video a couple of days ago there were 7 homes for sale in Tahoe Donner. Today there are only 4 for sale. In a normal year there would be about 40 homes for sale right how in Tahoe Donner. The real estate market is in a complete frenzy. Nobody has ever seen such low inventory and such high demand. Because of this, prices are still on the rise.

The reasons for this are:
1. Buyers can now work from home and many will never have to go back to the office so why not move to the mountains where housing prices are less expensive and you can be on trails, skiing, swimming in lakes in a matter or minutes.

2. Covid. People don't know when they will feel comfortable traveling again so they want a safe heaven to take their family away from there every day life.

3. Interest rates are at an all time low and loans are getting easier to qualify for.

If you are considering selling your home in this area, there has never been a stronger sellers market.

Feel free to call me if you have any questions about the Tahoe Truckee area or real estate here.

I'm Chris Hinkel with Sierra Sotheby's International Realty.
530.412.2644
BRE# 01876474