2019 Lake Tahoe real estate Forecast

Good news – 2019 should be a year of growth in our South Shore Lake Tahoe real estate market – slow and steady forward movement.  Prices are projected to increase at 3% – 3.5% by the California Associations of Realtors.  Since the bottom of the market in 2012, we have seen double digit increases in pricing year over year.  The economic fundamentals are forecast to be stable with GDP just under 2.5%, unemployment decreasing to 4% and interest rates projected to hover in the 5% range.

Whether buying or selling, your timing could be perfect!

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