We’re seeing a notable surge in new listings across the US housing market—up 8%, the highest since August 2022. That’s more inventory than we’ve had in years, bringing active listings closer to a balanced level. However, pending sales have dipped, and mortgage rates are holding at 6.66%, which is still putting real pressure on affordability, even as median prices inch up by 2.2%. Having spent over 40 years living and working in Lake Tahoe, I’ve watched our market ride out so many cycles like this—and I know firsthand how timing and local know-how make all the difference. Whether you’re buying or selling, understanding how these national shifts play out locally is key. After all, every market—especially one as unique as Lake Tahoe—has its own rhythm.

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