Lake Tahoe NV Foreclosure (Bank Owned) Homes, June, 2008
Foreclosure & Short Sale Homes
Lake Tahoe (Nevada) Foreclosure Homes
Review Lake Tahoe real estate listings that are categorized as "foreclosure", "bank owned", or "REO" as entered into the Northern Nevada Regional MLS. Currently, approximately 10% (725 out of 7,458) of all residential listings in the Greater Reno-Tahoe region are bank owned properties. Last month, however, 25% of all homes sold were bank owned. These statistics illustrate a more active market due to increased public awareness AND the fact that banks have begun to price these homes below market to quickly get them off the books.
How Firm are Lake Tahoe Foreclosure Home Prices?
You do not need to pay full price for a Lake Tahoe foreclosure home. Check out the post at recent foreclosure home sold price statistics if you are interested in reviewing how much negotiation room is actually taking place in the market - as of last month.
Daily Foreclosure Home Monitoring Tool
If you would like to know about these listings as they come on the market (daily), you may want to subscribe to my Foreclosure/Short Sale Daily Email Alerts from this site - it's free.
Lake Tahoe Foreclosure Homes (as of June 4, 2008)
A couple notes: DOM = days on market with current listing (may have been listed before). Click address for property details:
| Area | Orig. Price | Curr. Price | DOM | Street Address |
| Zephyr Cove | $529,000 | $529,000 | 29 | 693 LAKEVIEW BL. |
| Zephyr Heights/Knolls | $410,000 | $399,000 | 50 | 676 Riven Rock |
| Lower Kingsbury | $419,000 | $419,000 | 7 | 117 HAWTHORNE |
| Upper Kingsbury | $265,900 | $218,900 | 50 | 336 Quaking Aspen Lane |
| Incline Village/N Tahoe | $369,000 | $334,900 | 100 | 831 Robin Drive |
| Incline Village/N Tahoe | $346,900 | $346,900 | 10 | 811 Southwood Blvd. |
| Incline Village/N Tahoe | $899,900 | $836,907 | 50 | 1489 Tirol Dr. |
| Incline Village/N Tahoe | $275,000 | $275,000 | 40 | 870 Southwood #12 |
| Incline Village/N Tahoe | $275,000 | $275,000 | 40 | 870 Southwood #7 |
| Incline Village/N Tahoe | $300,000 | $300,000 | 49 | 825 Southwood Blvd #5 |
| Incline Village/N Tahoe | $325,000 | $325,000 | 49 | 989 Tahoe Boulevard #82 |
| Incline Village/N Tahoe | $388,000 | $329,000 | 271 | 825 Southwood Blvd |
Call Mitch Argon at 775-315-4424 or reach me online if you have any questions on any property on this page or current foreclosure market conditions. Buying one of these properties is a manageable process but there are things you should know about in advance of seriously pursuing a Lake Tahoe foreclosure.
Related Topics
- Greater Reno Area Foreclosure Home - Email Alert
- Greater Reno-Tahoe real estate market trends (by Lake Tahoe)
- Greater Reno-Tahoe home sold prices (by Lake Tahoe)
Views: 230
Be the First to Comment on this Post!.
