Homes in the Lake Tahoe and Truckee areas are going fast, and the demand is even bigger. With a limited inventory to choose from prices are soaring in the area. The idea to get out of the busy city and congested areas, Lake Tahoe and Truckee are bringing a lot of new home buyers. With the privacy and secluded lifestyle, a move to the mountains is highly desirable. No one really wants to be around the crowded cities and therefore many people are making a move. One of the main reasons this is possible is due to the fact that most people can work remotely allowing for a new change in lifestyle. All of this boils down to one thing, buying a new home. The high demand allows for sellers to sell for top dollar and a very competitive market. Just like Lake Tahoe, Truckee has evolved into a great town with many outdoor activities. Buyers are enjoying this climate as the corona virus has kept most people stuck at home. Little did we know that COVID would cause such a great demand in the basin. Finding the perfect home right now may be a little difficult as the inventory is very low. In the past we had seen most of the buyers in the area buying homes as a secondary home. This year we have noticed a slight change as a few more buyers are making a permanent move up to the mountains. A few shifts in the market within the last year has made for an interesting market. If you look at the country as a whole, you will notice the real estate market moving steady in most areas. Although, when you look at Lake Tahoe and Truckee you will notice how much the growth in these areas has gone through the roof.
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