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INCLINE VILLAGE REAL ESTATE NEWSLETTER March 2006
What a great year to own a piece of Incline Village Real Estate. It is March 1st already and Ski Season has not slowed down one bit. Lake Tahoe received a very good amount of snow this year and the local ski resorts are having record years. Another big storm is scheduled to arrive tomorrow and it should deliver some more of the soft white stuff, prolonging our winter playtime. What could be better? Well, how about a beautiful spring and a great summer? That’s right! When the snow stops falling and it begins to melt, it will fill the lake with that crystal clear water just perfect for all the fun water activities we love so much. What’s that? You say you don’t ski and you are not interested in water sports. How about golfing, hiking, fishing, sitting on the beach and the hundreds of other outdoor activities that await you in paradise? And what about gambling, dining and night life with big name entertainment? Or How about doing absolutely nothing at all?
As you can see, of all the places one could choose, it’s hard to beat owning Incline Village real estate as your main residence, second home, retirement home and or your best real estate investment.
Many people want to know if this is a good time to be buying Incline Village real estate and in my opinion the answer is definitely YES! Although we have had a price run-up here in town in the past two years, prices are starting to level off. Nobody is predicting that prices will begin to decline and in time prices should start moving up once again. If this holds true, we are at the beginning of the next rising market. Waiting for prices to come down in order to buy will probably result in your paying more money some time in the future. Interest rates are still unbelievably low even though they have started to rise lately. If they continue to rise, waiting to buy at a later date will also cost you more money in the form larger monthly payments. And, while you are waiting for that elusive deal, you are missing the best that life has to offer. For these reasons, if you have been considering buying Incline Village real estate, now is the perfect time to make it happen.
John Nugent Realtor
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