Even in a dunking real estate market, you can benefit from investing in real estate if you know where to invest your dollars.
So, do you know where you should invest right now on this challenging real estate market?
The answer Lake Tahoe Real Estate
Therefore, you should invest in real estate in Lake Tahoe, especially in the South Lake Tahoe area.
Top 7 reasons to invest in Lake Tahoe Real Estate
7 Ideal Weather Conditions and Year Round Recreation attracts new buyers
Summer tourists in nearby Sacramento and Reno experience temperatures in the 100s. Bay Area is socked with fog. Lake Tahoe usually has high levels in the low 80s.
And do not let the fact that this is known as a world class ski area fool you into believing winters are uncomfortable. An average January day extends from 15 to 41 degrees with brilliant sunshine compared to Vail 0 31, Jackson Hole 5 28 and Stow 1 25.
When a storm comes, it releases the snow and leaves us in the sunshine. In fact, the sun shines for about 275 days a year.
This allows Lake Tahoe to offer the full range of leisure activities all year round
Unlike most resorts or golf resorts, Lake Tahoe has something for everyone. The pristine blue waters and sandy beaches provide swimming, fishing and sunbathing. Boat trips range from kayaks to sailing to engines. The forest and mountain roads draw hikers, cyclists, rock climbers, snowmobiles, snowmobiles, cross country skiers and campers. Golforter stretches from lake to high desert. Photographers, painters and artists of all media flock to the area.
6 Real Estate Rolling Boom Effect
When an area experiences high real estate activity, investors should look at the surrounding areas for the next activity wave.
Lake Tahoe property market benefits from the surrounding Reno, Sacramento, and overall San Francisco Bay communities. We get reports that increase real estate activity in the area and the values are stabilized.
With todays inventory surplus, low interest rates and news blasting reports daily doom and gloom, sellers are more willing to negotiate now.
5 Baby Boomer buys Lake Tahoe Real Estate now
Baby Boomers is the driving force behind the tourist market and they have just begun to invest. Many baby boomers now inherit different wealth from older family members. At the same time, they are in their highest service years and invest actively in housing and housing.
They are looking for housing near beaches, lakes, resorts and golf courses. Lake Tahoe is one of the few other home destinations that can offer all three.
4 Its cheap
Reasonable pricing is one of the most important reasons to invest in Lake Tahoe real estate. According to the South Lake Tahoe Association, the price of a single family home in South Shore is less than half the home in Vail, Aspen and Jackson Hole.
3 Opportunities for additional income
Lake Tahoe is a world class holiday destination. Vacation homes provide subsidized income that can help cover the cost of your property investment. When a home offers Tahoe Look, accommodation within a desirable location near outdoor activities and includes amenities such as a hot tub or pool table, demand increases automatically.
For example, one of our current listings, a 6 bedroom modern home has an average income of over 125,000 for five years now.
2 High demand and strictly limited availability
In a nutshell there is no chance that over development of real estate has a negative impact on the value of Lake Tahoe homes. Generally, supply is low and demand is high.
During the 2004 2005 boom, investors and developers threw houses at the cross neck speed in the hope of big profits. When this market came to a screaming pitch, these areas were the first to see extortions. Delivery will always be of benefit to the investor because Lake Tahoe Real Estate is an environmentally protected area. This means that growth is strictly limited.
And 1 Reason To Invest In Lake Tahoe Real Estate Improve Your Quality Of Life
Would you rather look at your investments or live them?
Every day, we hear those who have invested in Lake Tahoe real estate praise the benefits achieved by living a less stressful and more happy life. These benefits include better health, longer life, better relationships and so on.