2014 End of Year Review

Hello and Happy New Year to you! I wish this New Year will be a special year for you for many reasons and hope this time finds you rested and recovered from your Holiday festivities. For me, I have just surpassed my 25th year in the Lake Tahoe real estate business! Through the years, I have learned what it takes to succeed in this unpredictable, challenging and exciting world of real estate. I have learned how a second home resort market like ours is much different than a primary home market. I have... Read more »

What to watch for in 2014

The Wall Street Journal.com recently ran an article entitled 5 Things to watch in housing in 2014. It starts out by stating: For housing, it was a tale of two halves in 2013. During the first half, unusually low supplies of homes and low rates spurred bidding wars, pushing prices up sharply. During the second half, the frenzy cooled amid a sudden spike in interest rates. While more markets are now reporting increases in inventory, the number of homes for sale remains quite low. Which is right on... Read more »

TRPA reform reaches its final step

**Reposted from: Tahoe Daily Tribune: “TRPA Deal Headed to Congress”  (January 7, 2014) The deal to reform the Tahoe Regional Planning Agency is headed for its final step ”” ratification by the U.S. Congress. The most recent step was the Dec. 19 proclamation by Gov. Brian Sandoval certifying that California has met the terms agreed to by the 2013 Nevada Legislature under Senate Bill 229. “Where we are now is basically working with California and the TRPA on what is the best way to... Read more »

Largest Private Parcel in Tahoe sells

You may have seen Lake Tahoe, Nevada real estate in the news again recently… The largest private land holding in the Lake Tahoe Basin has been sold! Located near Zephyr Cove, the grand 210-acre estate known as “Tranquility” was formerly owned by the co-founder of the Tommy Hilfiger company. The price tag? A whopping $48 million. They’re not telling who bought it, but likely someone who was keen on the idea of owning one of the most amazing homes in Nevada. And with all Nevada... Read more »

Craig Zager is crushing the competition!

In the first six months of 2013, I have closed 38 transactions. That’s more than $55 million in sales! As a result, I am proud to say I am the number one agent in the Northern Nevada Regional MLS. I am working hard and increasing my knowledge of the Lake Tahoe, Nevada real estate market every day. If you’ve been considering Lake Tahoe real estate, or just have some questions, please contact me… I love to help!  Read more »

Craig Zager named Number One Coldwell Banker Agent in the state of Nevada

For the third year in a row, Craig Zager of Coldwell Banker Select in Zephyr Cove has achieved the status of number one producing sales agent in the State of Nevada for Coldwell Banker. Also, according to the Northern Nevada Regional Multi-Listing-Service, in the same time frame, he has been the highest producing agent from Glenbrook to Stateline on the Nevada side of Lake Tahoe.  In the last 39 months, Craig has sold more than $115 million dollars in local real estate. Long recognized as a luxury... Read more »

Winter 2012 update

Winter is here, and in Tahoe, there is always something going on in the winter. The Vail Resorts family just got a little bigger. In addition to owning three Lake Tahoe resorts (Heavenly, Kirkwood and Northstar) and a host of ski areas in Colorado, they just acquired one in Minnesota and another just outside of Detroit, Mich. If you have the Epic pass, you may need to book a couple more ski trips this year. Read more about it at the Tahoe Daily Tribune. The Tahoe Regional Planning Agency has been... Read more »

Top Ten Things You Need to Know About the 3.8% Tax

Starting January 2013”¦ 1) When you add up all of your income from every possible source, and that total is less than $200,000 ($250,000 on a joint tax return), you will NOT be subject to this tax. 2) The 3.8% tax will NEVER be collected as a transfer tax on real estate of any type, so you’ll NEVER pay this tax at the time that you purchase a home or other investment property. 3) You’ll NEVER pay this tax at settlement when you sell your home or investment property. Any capital gain... Read more »

Summer is Here!

We are well on our way to summer here in Lake Tahoe: the weather is warming up, the skies are blue, and visitors are rolling in. Summer is not just tourist season here, it’s also real estate season! As the weather heats up, the real estate market will too, hopefully. The year has started off on a positive note. Sales activity in Lake Tahoe, Nevada side, has continued to show improvement in closed and pending sales when comparing this June to the same month a year ago. In the last 30 days, 33... Read more »

Luxury Homes Mag on TV

Luxury Homes Magazine stopped by The Tahoe Real Estate Show not long ago to talk a little about their magazine as well as some of the properties they feature. I showcase my high-end homes in this magazine every month. One even got a mention on the show! (watch for the gorgeous lakefront about 5 minutes in)    Read more »