Will Tahoe housing market appreciation rate return to long term trend (2%)? Out of the 34% yoy increase for July, 25% is money printing, and 10% is sale pulled in a year before?
has the threat of fires slowed interest? I know from our end - tahoe is less attractive as an investment for us.
Real Estate is not purchased only for investment. People need real estate to live and raise families or earn a living.
we got ours with a pre-emptive back in May.
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I donât think the fires have been a factor. We have only had a bit of smoke. Better than most summers. Clear today. Market has been white hot over a year. 35% gain. Leveling off is expected. Inventory is still historically low, less than 130 active Sfhs.
The city of South Lake Tahoe and the Keys are pretty safe from fire. Insurance has not gone up much on the Keys.
We ended up selling our Sac suburb 2nd home about a year into it (for about 30% gain on multiple offers) and moved to Washington (no state income tax!). It might be a time to sell our bay area rental too. 
Iâm no real estate expert but something doesnât add up with these price increases⌠
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Price increases are OK, but the price of homes should not be moving like price of a meme stock. If the price of home updates 3 times a day, something is not good.
Here is a property for which the price increase strategy did not quite work. Too close to a freeway, hence may not be too desirable?
It did work. The realtor got an additional $8051 for the sellers as compared to the original listing price(before he/she increased it) 
Yes, I guess it worked to the extent that seller more or less got their list price - $8k extra on $2M is negligible, less than 0.5%.
Reason I said it sort of didnât work is that sellers typically consider list price as a low bar teaser. To sell for 8k above list price in todayâs hot market represents a poor outcome for seller and selling agent.
I agree. Iâm actually was echoing your comments earlier with my earlier comment with these emojis 
i.e. I had some sarcasm mixed in.
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Here is another example
OMG that is hideous.
the house itself is so pretty, why would you ruin it with those awful paint colors, at least that isnât a huge expensive fixâŚ
Layout is weird. Itâs just one looooooong strip.
Corner lot with no yard. Terrible floor plan. Eichleresque piece of crap.
I see a big backyard. No?
You are right. I was too lazy to look thru 55 photos. The yard is the best part of this piece of crap.
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Another one raising price after 2 weeks. Itâs actually quite common.
https://www.redfin.com/CA/Palo-Alto/2947-Clara-Dr-94303/home/1465815
