December 2024 Market Update

Wherever you go — there you are.

I’ve been thinking a lot about presence and how the practice of being present can really amplify the time we spend with our family and loved ones this holiday season. With less than a month to go before the start of a new year, I wish you all moments of presence that deeply remind you of how wonderful life can be. Cheers to more walks not on the phone and drives in silence. It’s amazing what gifts will come up when we focus on presence.

Real Estate Recap: 

With November in the rearview, we’ve seen an uptick in the Tahoe market. The election uncertainty is behind us, and rates are ever so slightly starting to improve. Most listings are still spending 15–30 days on the market before going pending. Longer days on market this time of year are normal and shouldn’t be a reason to avoid selling.

Most sellers plan to buy their next home after their current one sells. The financial advantages of being a buyer in this market may outweigh the small decrease in value one might expect from selling in summer. For example, maybe your home stays on the market for 30 days and then sells at 5% less than the original asking price. You’d have the same advantage when reallocating those funds to your next property and may be able to negotiate less than asking price plus seller credits, ultimately saving you more money by the end of both transactions.

As always, I’m happy to build out a strategic plan for anyone considering buying or selling within the next year. Just reply back, and we’ll align on a time!

Winter is coming!! Here’s Waffles and me out on our hike up Angora Ridge last week. Brrr!