Below is an interesting article about what is going on at Lake Tahoe. There have recently been some capital investments in the area that have led to some positive changes for the Lake Tahoe region. Here are some influences of these recent investments for Lake Tahoe stated below. The article was written by the O’Dette Mortgage Group’s Ephraim Schwartz and Teresa O’Dette (800-404-2129) on May 3, 2012.

Tahoe Renaissance Presentation

Intro :  Statistics & Demographics

Population growth in 2010:  9.7%.  Ski/Winter Sports industry estimates they’re attracting new enthusiasts at 6.1%…..BUT, when breaking this down into Region – OUR number is 13.7%.  Tahoe representing the overwhelming majority of the Region is attracting new winter enthusiasts at a skyrocketing rate when compared to the rest of the country.  This is in part we are seeing lions of Colorado based resort destinations looking to grow into the Tahoe Area.

While the large sums of capital investments sparking this Tahoe Renaissance are focusing on the winter destinations, key to the Tahoe Real Estate market is the fact that unlike many winter destinations, Tahoe doesn’t go to sleep in summer….for those of you have  visited in the summer, it’s quite the opposite.  Tahoe births a whole shifted demographic of recreationalist when the snow melts.  Tahoe is the only winter destination resort in the United States where the average income per patron is higher in summer, than in winter….Tahoe has a unique appeal to potentially different vacationing demographics with both world class winter & summer attractions.We have seen perked interest in Bay Area Real Estate since the beginning of the year, nationally consumer confidence is on the rise, and locally the sentiment is that our niche Northern CA markets (Bay Area & Tahoe) have reached their “lowest cost of ownership” bottom.  Here is a look at where significant investment capital sparking this Tahoe Renaissance is being used. (more…)

Today might be the first day of Spring, but Lake Tahoe has had quite a bit of snow in the past week! Lake Tahoe does not get any more beautiful than this. An early morning ski after a fresh blanket of snow. These pictures were taken yesterday morning at the Lake Tahoe Nordic Center. We know Spring is on the way but many of us here are still enjoying the late snow of the season!

There have been quite a few avalanches in the Lake Tahoe area this winter season. KT22 at Squaw Valley USA experienced one last week. The rain from last week caused the adhesion of the snow to break up a bit and an avalanche was the result.

Ryan Salm published an article with additional photos and details on March 16, 2012 entitled Avalanche on KT-22 | Squaw Valley. Click on the link to view.

Enjoy the new snow from the past few days but use extra caution!

Great news for Lake Tahoe Real Estate! Lake Tahoe is getting more and more headlines about being a second-home real estate market on the rise. Lake Tahoe was featured on a CNBC TV segment last week. The opening line was “Some investors have started putting their money back in real estate—second home real estate, in California.”

Click here to view the CNBC segment

The show featured an interview with new Tahoe-area property owners, David and Kate Kaufmann, who were quoted on the show as saying “Let’s take our money out and invest in something else that we can actually use and enjoy…and not just look at on a monthly statement.  And it’s been great.”…“Every time we come up here, we look at each other and we say we’re so happy we bought this place, we’re so happy we’re here.”

As CNBC host Jane Wells notes, “Real estate here is making a comeback thanks to the tech boom.”