No, because the recorded depth of the Lake has been as much as 1645 feet. It’s one of the deepest lakes in the world.
Well, what about the Tahoe real estate market ….has that bottomed? It depends who you talk to. Recent sales figures represent what some analysts call the “less-worse” syndrome. Sales are worse than last year, but less so than they were last month. That’s a good thing.
The general consensus is that the general economy is no longer in a free fall. Again, a good thing. A fire doesn’t suddenly stop burning. It is contained over time and gradually burns itself out. And that is where we are now.
The point is that the Tahoe real estate market is heating up. And more to the point, there is only so much to go around. That’s a great thing!
Well, what about the Tahoe real estate market ….has that bottomed? It depends who you talk to. Recent sales figures represent what some analysts call the “less-worse” syndrome. Sales are worse than last year, but less so than they were last month. That’s a good thing.
The general consensus is that the general economy is no longer in a free fall. Again, a good thing. A fire doesn’t suddenly stop burning. It is contained over time and gradually burns itself out. And that is where we are now.
The point is that the Tahoe real estate market is heating up. And more to the point, there is only so much to go around. That’s a great thing!
Congrats on more good insight. The economy is not a binary product... it operates on degrees of change. The drivers are perspective and human emotions - mix that in with a good dose of capitalism, and you're spot on... they're not making any more land in Tahoe!
ReplyDeleteIt's always been, and always will be a great deal.