Greetings,
January was an eventful month, both in the market and beyond. The devastating fires in Southern California have been heartbreaking, and our thoughts are with everyone who has been affected.
These fires have also brought renewed challenges to the already complex landscape of fire insurance. As your trusted real estate advisors, we are staying ahead of the latest developments. We’ve helped our buyers successfully secure insurance in recent weeks—including properties in the Tahoe Basin and Truckee. We have tight relationships with knowledgeable insurance professionals who understand the nuances of our region.
Speaking of our region, did you happen to see this recent article about the Town of Truckee? Click the link below and enjoy this Wall Street Journal Article!
Market activity is picking up, and luxury real estate is evolving. Please enjoy our monthly newsletter with more insights below.
Best,
Breck
The Tahoe market is off to a strong start. Since January 1st, I’ve put nine properties into contract across various price points. There are 112 pending sales in the Tahoe Sierra MLS. Reno and Carson City are also seeing increased activity, reinforcing optimism for 2025.
Recent sales highlight growing buyer confidence:
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Northstar Bidding War: Three buyers competed for a $7.5M home, with the winning bid including two adjacent lots and all contingencies removed.
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West Shore Off-Market Sale: We secured a $2.3M sale before the listing even went public, thanks to strong pre-market interest—reminiscent of fast-paced Covid-era sales.
The market is shifting, and having the right strategy is essential. Whether you're looking to buy or sell, we’re here to help you navigate this dynamic landscape.
I’m excited to share the Sotheby’s International Realty 2025 Luxury Outlook℠ report, covering the biggest trends shaping high-end real estate. Bloomberg broke the news with an exclusive article recapping its findings.
As we enter the next real estate cycle, understanding the driving forces behind the market is more important than ever. The Great Wealth Transfer is well underway, with an estimated $84 trillion expected to change hands across generations by 2045. This shift is set to influence high-end real estate, along with key factors like price normalization, federal interest rates, and inventory levels.
The report also examines where and why nearly 135,000 high-net-worth individuals are expected to migrate in 2025 and how cities ranked as “Best Place to Live”—such as Vienna, Zurich, and Naples, Florida—are influencing luxury pricing and inventory. Additionally, the growing presence of luxury brands in real estate continues to expand, with names like Dolce & Gabbana entering the $66 billion branded residences market.
The 2025 Luxury Outlook report provides valuable insights to help navigate the evolving real estate landscape. For a deep dive into how these trends may impact your real estate goals, please click the link below.
I’m honored to share that Home for a Home has just completed its first home of 2025 for a family in need in Guatemala. Over the years, I’ve been making donations to this incredible organization on behalf of many of my clients who have bought and sold properties with my help.
Home For A Home is a collective effort of more than 100 real estate professionals who have committed a portion of their commissions to building homes for families in need. When I started my business, I knew I wanted to incorporate giving back into my work and helping provide safe and stable housing felt like a natural fit.
This initiative is more than just financial support—it’s about changing lives by providing families with one of life’s most essential needs: shelter.
I invite you to watch our latest video showcasing a newly completed home in Guatemala. Watch Here