I recognize there are much more important things going on in our world than real estate right now. However, as many people are still making decisions about buying and selling property in Tahoe, I will continue to keep you informed on our market, as well as share useful information about what’s happening related to COVID-19 in our Tahoe community.
As the President of the Board for the Tahoe Forest Health System Foundation, which supports our local non-profit health system, I would like to share a few updates with you.
Two weeks ago, our Eastern Nevada County region reported the highest percentage of COVID-19 cases compared to our population and was designated a ‘hot spot’. The good news is that it seems the number of cases is subsiding, with only three new cases in the last week.
What I find most uplifting and inspiring is the enormous support we’ve received from the local community, as well as from our second homeowners. I want to personally thank all of you who have supported the Tahoe Forest Health System. We are incredibly grateful for the outpouring of community support in response to the COVID-19 pandemic. We have had contributions of N95 masks, do-it-yourself face shields, words of encouragement, over 800 delicious meals (so far), treats by the hundreds, and even caffeine. All of these thoughtful gestures have helped our Health System strengthen provisions for the rapidly evolving needs of our patients, while raising the spirits of our dedicated team members.
With just over $200K in life-saving donations, our Tahoe Forest Health System has had the capacity to supplement the critical need for added equipment, supplies, laboratory and diagnostic services, and clinical operations. Additionally, the Foundation is greatly appreciative to both the Lahontan Community Foundation and the Martis Camp Community Foundation for each of their $50K grants for the Tahoe Forest Health System COVID-19 Emergency Response Fund. This vital funding directly helped with surplus personal protective equipment for staff, the COVID-19 Drive-By Clinic, emergency staffing, and many other targeted areas of need. THANK YOU!
As far as the real estate market, the good news is that we entered this uncertain and scary time with a strong market. If you missed my Q1 report, here’s a link to the for the Tahoe-Sierra region. The strong first quarter cleared out a lot of the inventory leaving us with a short supply of properties. This low supply is good news for those of you looking to sell. For buyers, new listings are coming on the market daily. Additionally, interest rates remain low, making it a good time to finance a vacation home in Tahoe. Since realtors are considered an essential service, properties are continuing to change hands. Although our way of doing business has changed, we are still assisting clients every day. I have the tools and technology to help you buy and sell, but more importantly, I’m here to help you make informed decisions related to your Tahoe real estate goals. Contact me anytime!