September Significant Sales

After a strong first half of 2019, the Reno-Tahoe luxury properties market has softened somewhat in the third quarter. As we move deeper into fall, Chase International is pleased to report the following significant luxury real estate sales.

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Posted on October 14, 2019 at 8:49 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Collections, Luxury Property Sales, Luxury Service, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , ,

3rd Quarter 2019 Real Estate Market Reports

reno tahoe carson q3 real estate market reports

Reno & Sparks

The Reno-Sparks real estate market saw a modest increase in single-family home sales during the first three quarters of 2019. Sales volume increased 4%, while Sparks increased 3%.

Meanwhile, the Reno condo market witnessed a whopping 32% increase in sales volume, as Sparks increased by 25%.

Carson City & Carson Valley

The sales volume for single-family in Carson City homes was up a robust 10% in the first nine months of the year, while condo sales volume rose an impressive 31%.

Carson Valley single-family home sales continue to chug along, with volume up 5% in the first three quarters of the year.

Lake Tahoe & Truckee

In contrast, the overall sales volume for both single-family homes and condos in the communities around Lake Tahoe declined 14% during the same time period.

Truckee saw single-family home sales volume go down by 8%, as condo sales volume increased 13%.

Overall it’s a mixed bag, with the Lake Tahoe areas experiencing general market softening as the valleys stay strong.

See our full Q3 real estate market reports for details:

Chase International Real Estate Market Report Q3 2019 

Questions about your local market? Please reach out to one our local experts.

Headquartered in Lake Tahoe, Nevada since 1986, Chase International is a dynamic real estate firm with a heart-centered approach, committed to the success of its clients, sales associates, staff and community. With more than 350 professional Realtors® representing homes at all price points, the company is proud to be the market leader, achieving the highest 2018 volume in the region with nearly $1.4 billion in sales. The company currently operates nine offices in Reno-Tahoe—Zephyr Cove, Glenbrook, Incline Village, Carson Valley, South Lake Tahoe, Tahoe City, Truckee, Reno, and Sparks, as well as a marketing and PR firm in London. With powerful international connections in place, Chase listings receive maximum industry exposure to potential purchasers worldwide. 

 


Posted on October 8, 2019 at 12:54 am
Chase International Client Care | Posted in Buyers, Carson Valley Real Estate, Lake Tahoe Real Estate, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , ,

Are You Ready for the Black Friday of Real Estate in Reno-Tahoe?

Home Shoppers Chase International

Every year, Black Friday is a highly anticipated event for eager shoppers. Some prepare for weeks. They craft and refine a strategic shopping agenda, determine exactly when to arrive at each store, and create a wish list of discounted must-have items to purchase.

But what about buying a home? Is there a Black Friday for the home-buying process? It turns out, there is. According to a new study from realtor.comthe week of September 22 is the best time of year to buy a home, making it Black Friday for homebuyers.

After evaluating housing data in 53 metros from 2016 to 2018, realtor.com determined that the first week of fall is when buyers “tend to find less competition, more inventory, and the biggest reductions on list price.

The report explains,

“During the first week of fall, buyers tend to face 26% less competition from other buyers, and they are likely to see 6.1% more homes available on the market compared to other weeks of the year…nearly 6% of homes on the market will also see price reductions, averaging 2.4% less than their peak.”

What’s so different about the first week of fall?

George Ratiu, Senior Economist with realtor.com says,

“As summer winds down and kids return to school, many families hit pause on their home search and wait until the next season to start again…as seasonal inventory builds up and restores itself to more buyer-friendly levels, fall buyers will be in a better position to take advantage of today’s low mortgage rates and increased purchasing power.”

Learn more about how prices, listings and buyer competition stack up during the first week of fall in metro areas across the United States.

Bottom Line

If you want to take advantage of the Black Friday of home buying here in the Reno-Tahoe-Carson region, reach out to any of our agents to discuss the benefits of making your move this fall.

 


Posted on September 26, 2019 at 8:32 pm
Chase International Client Care | Posted in Market Reports | Tagged , ,

August Reno-Tahoe Luxury Property and Significant Sales

The Reno-Tahoe luxury home market had a good summer in 2019, moderating from last year’s trend in line with expectations. As we head into fall, Chase International is pleased to report the following significant luxury property sales.

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Posted on September 15, 2019 at 9:30 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Property Sales, Luxury Service, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Fall Fireplaces for Crispy Cool Reno-Tahoe Autumn Nights

Burgundy Estate Incline Village Chase International

Starting to feel the chill of the change in seasons? Cozy up to this stunning stone fireplace with 2.4 acres of private, lake view living in beautiful Incline Village, NV.

Tahoe East Shore Lakefront Chase International

Keep your backside toasty and your heart happy as you revel in the beauty of these incredible lake views. This one-of-a kind property is a dream come true for those who love the watersports life.

Montreux Luxury Estate Chase International

You’ll never want to get out of bed on those frigid fall mornings at this elegant estate. While away your weekends in this 13,000 square foot palacial home in prestigious Montreux, Reno, NV.

Modern Home Reno NV Chase International

Watch the first snow flurries fly from the comfort of this magnificent modern marvel. Poised like a sentry high above Reno, enjoy sweeping views of the Truckee River and downtown city lights.

Tahoe Cabin Chase International

The most elegant cabin kitchen you’ll ever eat in, enjoy fireside dining on those crisp autumn nights. You’ll love this gorgeous home on three acres, close to Tahoe City yet with a remote vibe.

South Lake Tahoe Lakefront Chase International

One of the most charming, intimate, lakefront lounges we’ve ever seen, curl up with a good book and a hot toddy to watch the leaves change. The artistry of the hand-chiseled trim is unbelievable.

South Lake Tahoe Waterfront Chase International

A mesmerizing water view, a comfy couch, a warm fire—what more could you ask for on a fine fall day. This mountain modern home offers elegant single-level living with opulent touches.

Old Clear Creek Mountain House Chase International

Enjoy treehouse living on almost 9 acres and watch the aspens change this fall. This spectacular property offers the look, feel and proximity of Tahoe with conveniences of Carson City.

Looking for a different fireside fall experience? Browse Reno-Tahoe-Carson homes for sale.

 


Posted on September 11, 2019 at 11:38 pm
Chase International Client Care | Posted in Buyers, City Lights, Homes for Sale, Lake Living, Lake Tahoe Real Estate, Mountain Escape, Reno Real Estate, South Lake Tahoe Real Estate, The Adventurer, The Entrepreneur, The Traveler | Tagged , , , , , , , , , , , , , , , , , , , , , ,

An Evening with Kurt Elling for Chase Luxury Clients

Kurt Elling Chase International Client Event at Sand Harbor

Chase International luxury agents and their clients recently gathered for a sold-out performance by the legendary jazz vocalist, Kurt Elling. Accompanied by the 18-piece Reno Jazz Orchestra, under a starry Lake Tahoe sky, Elling delivered a spectacular show.

A private party for major supporters.

Chase International Ice Sculpture

Chase International Clients Private Party Sand Harbor

The evening began with a reception at the Ramada, a pavilion at Sand Harbor set aside for private parties. Chase International sponsored the event, providing an array of gourmet appetizers along with our signature mocktail, the Luxury Lavender Lemonade.

Chase International Luxury Real Estate Agents and Clients

Chase International Clients Enjoy an Evening with Kurt Elling

Chase International Evening with Reno Jazz Orchestra

Guests and organizers alike enjoyed a perfect summer evening with friends and colleagues at beautiful Sand Harbor along the water’s edge.

Drinks and Appetizers with Chase International at Sand Harbor

Reno Jazz Orchestra Private Party Chase International

“Might I just say, I have been to a lot of parties at the Ramada, and yours blew everybody out of the water. I’ve never been to a nicer affair there. Well done to you and your team, unbelievably fantastic!” — Julie Rauchle

Chase International Evening with Reno Jazz Orchestra

Sand Harbor Performance Chase International

An astounding performance by Kurt Elling.

Grammy award-winning Elling doesn’t usually perform with big bands, which made this performance a particularly unique treat for the audience. His stylings and wit appealed to the full range of music lovers, his storytelling and virtuoso a delight to behold.

Kurt Elling Sings Heart Out Chase International Lake Tahoe

Kurt Elling Onstage Reno Jazz Orchestra Chase International

“I was drawn to Elling’s music because it does not recognize boundaries,” said Chuck Reider, Music Director of the Reno Jazz Orchestra. “He embraces American music and culture. Something the great Duke Ellington expressed in the phrase, ‘There are only two kinds of music. The good kind…. and the other kind.'”

Bringing the best jazz to Reno-Tahoe.

Guitarist at Kurt Elling Concert Chase International

The motivation behind the Reno Jazz Orchestra is the desire to create good music in the grand tradition of the jazz big band stage performance. It’s a motivation based upon the simple love of that magnificent sound and the rush and wonder of playing 18 pieces to a packed house.

Reno Jazz Orchestra Saxophones Chase International Client Event

The organization aims to perpetuate an appreciation for jazz music and jazz history. They hope that from their artistic and educational efforts comes musical inspiration that leads to continual generations of accomplished local musicians making everyone happy with their smooth sounds.

Reno Jazz Orchestra Biggest Supporters Onstage Chase International

Kurt Elling Reno Jazz Orchestra Encore Chase International

An event to remember.

A truly spectacular evening for all, we thank the Reno Jazz Orchestra for putting this magical program together. And we appreciate our luxury agents and clients who helped support local arts by attending this one-of-a-kind event.

Toasting Good Times at Chase International Client Event

Photos courtesy of Strotz Photography.

Looking to live the luxury life? Browse our luxury lifestyle collections to find the home of your dreams.

 


Posted on September 6, 2019 at 10:41 pm
Chase International Client Care | Posted in Happenings, Lake Living, Luxury Service, The Artist, The Hipster | Tagged , , , , , ,

5 Reasons to Sell Your Reno-Tahoe Home this Fall

sell home this fall chase international

Below are 5 compelling reasons why listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and they’re in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal market. This means that in the majority of the country, there are not enough homes for sale to satisfy the number of buyers. This is especially true in Reno, where supply still runs a little over a month.

Historically, homeowners would stay an average of six years in their homes. Since 2011, that number has hovered between nine and ten years. This has created pent-up desire for many to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many were reluctant to list their homes over the last few years, for fear that they would not find a home to move to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and simpler, as buyers know exactly what they can afford before shopping for a home. According to Ellie Mae’s latest Origination Insights Report, the time needed to close a loan is 43 days.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’re more likely to find a seller’s market for the home you’re leaving and a buyer’s market for the home you’re purchasing.

Also, according to CoreLogic, prices are projected to appreciate by 5.2% over the next year. If you’re moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage) if you wait.

5. It’s Time to Move on with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market. If you need help making decisions based on your specific, local market conditions, please reach out to any of our agents.

What’s your home worth? Get 3 instant, no-hassle valuations right now!

 


Posted on August 26, 2019 at 9:15 pm
Chase International Client Care | Posted in Buyers, Sellers | Tagged , , , ,

July Reno-Tahoe Luxury Property and Significant Sales

The Reno-Tahoe luxury home market continues to move along in 2019, moderating from last year’s trend in line with expectations. As summer begins to wane, Chase International is pleased to report the following significant luxury property sales.

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Posted on August 13, 2019 at 2:33 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Property Sales, Luxury Service, Reno Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , ,

Lakefront Properties on Lake Tahoe Will Make You Love Summertime Even More

Imagine Your Life at the Lake

What comes to mind when you think of a lakefront home in the summertime? These luscious properties have the water views you dream of with private lake access to make you feel like royalty. Tucked amidst the stunning Sierra Nevada, take a moment to experience summer lakefront living at its finest. Continue reading


Posted on August 2, 2019 at 3:37 pm
Chase International Client Care | Posted in Buyers, Lake Tahoe Real Estate, Luxury Service | Tagged , , , ,

Chase International Opens Property Management Office in Minden, NV

On Tuesday, July 30, 2019, Chase International expanded its property management division, opening a new office in Minden, Nevada. Bill Chernock, Executive Director at the Carson Valley Chamber of Commerce, officiated at the ribbon-cutting ceremony as Shari Chase, Founder and CEO, and Josh Villalobos, Property Manager Broker, performed the ceremonial scissor-cut.

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Posted on July 30, 2019 at 4:37 pm
Chase International Client Care | Posted in Carson Valley Real Estate, Chase Companies, Luxury Service | Tagged , ,