Real Estate Central on Lake Tahoe Television: The $200,000 South Lake Tahoe House (pt 2)

(Lake Tahoe Real Estate Blog / June 24, 2011 / Richard Bolen)

The second episode in a 2-part series to help South Lake Tahoe home buyers recognize the housing deal they are looking for.

Here's the second episode in our 2-part series to help home buyers find the South Lake Tahoe housing deal they are looking for that is currently running on Real Estate Central at Lake Tahoe Television (Cable channel 12).

Following is the script used for the commercial. We hope you enjoy and find this helpful.

FADE IN ON:

Richard
This is Real Estate Central from Lake Tahoe Television, Richard Bolen re-porting on South Lake Tahoe housing prices. This is the 2nd in a two-part series.

Insert: Logo South Lake Tahoe Home value report.

We are looking at the South Lake Tahoe house that sells between $200,000 and $249,000 dollars.

This is an important study to help a home buyer find and recognize the housing deal they are looking for…

Insert: animated graphic(s) or text that follows the narrative.

Richard (V.O.)
In part one, we found the $200 to $250,000 South Lake Tahoe house of today is newer and bigger than same priced houses 4 to 5 years ago.

The charts in this study are all available on the Lake Tahoe real estate blog.

This chart indicates the price per sq ft of houses that sold between $200,000 and $250,000 since 2003. The house that sells in this price range today is $225 less per sq ft, or 56% more affordable than houses that sold in the same price range in 2005.

This chart indicates the number of houses that sold between $200,000 and $250,000 since 2003. Last year we saw more home sales in this price range than at any time in the last 7 years.

From 2005 to 2007, there were only 16 homes sold in this price range combined. This addresses the lack of listings in the $200,000 range, they were all in the $3’s, rather than anything else.

This year, 70% of home sales in this price range are distressed properties. For 2010 it was 59.5%, for 2009 53%.

In summary, remember housing decline is not necessarily found in the actual price… the $200 to $250,000 South Lake Tahoe house will still cost you $200 to $250,000 dollars… it’s just a lot more house!

Closing: Richard Bolen w microphone in hand. Behind him is a visual of South Lake Tahoe.

Richard
For me and Lake Tahoe Television, we hope you find our real estate market reports helpful. And stay tuned, there is more coming.

In the meantime, for stats, data and more details on all South Lake Tahoe real estate market conditions, check us out at the Lake Tahoe Real Estate Blog. It’s where home buyers are.

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Other news spots from Real Estate Central on Lake Tahoe Television:

Jun 24, 2011: The $200,000 South Lake Tahoe House (pt 1)

Jun 6, 2011: South Lake Tahoe and another Case Schiller Diller (pt 2)
Jun 4, 2011: South Lake Tahoe and another Case Schiller Diller (pt 1)

May 18, 2001: (part 4) Episode 4 in our Lake Tahoe Television Series
May 16, 2011: (part 3) Episode 3 in our Lake Tahoe Television Series
May 9, 2011: (part 2) More News from Us on Lake Tahoe Television
May 3, 2011: (part 1) Yep, we're on-air Television Reporters Now.

Other videos of ours on South Lake Tahoe you may enjoy:

Apr 30, 2011: Our New Television Commercial, We Are Where the Buyers Are
Feb 11, 2011: Our Real Estate Seminar Television Commercial
Dec 11, 2010: The Lake Tahoe Weather
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video