Moving in the Right Direction?
In the past, I’ve written about the “collective subconscious” of the real estate market. There’s starting to be more and more good news out there that maybe we’ve actually bottomed out, and that prices will stabilize and homes may actually start appreciating again. A novel thought. I don’t think that we’ve seen the uptick yet in the Truckee Real Estate market, but good news has a way of being contagious.
This week the S&P/Case Shiller Price Index was published for data through February 2010. This is considered the leading indicator of home prices in the US and shows that for the first time since 2006, the annual rates of change for the indices is up. The ten city composite increased nearly 1 and half percent from where it was in February of 2009.
Here’s the graph:
Next week I will have finalized the 1st quarter graph for 2010 for the Truckee Real Estate sold market.
Sold: $21,000 – 12588 Legacy Court, Truckee, California
Sold: $21,000 – 12588 Legacy Court, Truckee, California
MOTIVATED SELLER!!! Lowest Price for a 3 bedroom 3.5 bath fractional on Legacy Court just steps away from the Pavilion. Priced well below comparable active units. Lock up Primary Week Nine, ideal for Family Spring Break for many schools. Enjoy two other flex weeks throughout the year. Pamper yourself at the Tahoe Mountain Club’s finest amenities while you are in residence at your Luxury Townhome at Old Greenwood.
Sold: $21,000 – 12588 Legacy Court, Truckee, California
Sold: $690,000 – 13362 Northwoods Blvd, Truckee, California
Sold: $690,000 – 13362 Northwoods Blvd, Truckee, California
This stunning golf course home was built by Dean Cook and has been beautifully maintained. The popular floor plan features a spacious great room, main level master suite and separate family room. The great room flows out to the large, sunny back deck and offers soothing golf course views of the green. Tastefully decorated and finished with slab granite, hardwood floors, and tile bathrooms, this home shows very nicely. Located on a level lot close to all amenities!
Sold: $690,000 - 13362 Northwoods Blvd, Truckee, California
Sold: $540,000 – 10909 Olana Drive, Truckee, California
Sold: $540,000 – 10909 Olana Drive, Truckee, California
Short Sale. 1.66 acres backing to greenbelt. Tall Pine Trees make this parcel perfect for your “Dream Home” for privacy. You can truly escape in Martis Camp with amazing amenities: theater, bowling, tennis, golf, skiing, and miles of hiking trails.
Sold: $540,000 - 10909 Olana Drive, Truckee, California
Sold: $430,000 – 12740 Falcon Point Place, Truckee, California
Sold: $430,000 – 12740 Falcon Point Place, Truckee, California
Fabulous cabin in the woods with a true mountain feel. You’ll love the fantastic views and appreciate the forested private setting. This cozy retreat is very intimate, while providing a well thought out floorplan. The great southern exposure will be appreciated on those snowy alpine mornings. Many recent upgrades inluding most appliances, windows, hot water heater, and freshly painted and stained exterior. Was offered mostly furnished for an easy turn-key opportunity.
Sold: $430,000 - 12740 Falcon Point Place, Truckee, California
