May 18

Blue skies–for now. Just got back from MLS Meeting.  Ask me about the Real Estate CAPITAL GAINS TAX that is to go into effect in 2013.  Incline Village has its own Foundation called Parasol.  Those moving into our community might want to explore charitable giving through the Foundation to ease tax consequences.

Wow, some more price reductions!  I think a great property is a condo not far from Lake Shore.  Please call me about this one.  In terms of a fantastic deal at the higher end, please call me about 701 FAIRVIEW.  Listed for $3.3M.

There are twice as many properties in escrow as there were last year at this time.  Of course, short sales and bank owned contribute to this uptick.  You don’t have to get involved in a short sale or a foreclosure to get a great deal.

This weekend I wrote an offer and received an offer.  Yes, we are busy!  Are we at the bottom?  I don’t make predictions; I just report what is taking place in the market.

Please call me to take a look at some properties in Incline Village today.

 

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