Lack of supply hurts Tahoe real estate sales
By Ben van der Meer, Sacramento Business Journal
The major force holding back Lake Tahoe-area real estate through the first half of 2015 is the same as elsewhere: lack of inventory.
And though many experts think a lot of new construction could solve the situation elsewhere, that’s not likely for Tahoe.
Sue Lowe, corporate broker and senior vice president at Chase International in Tahoe, said the lack of supply is because improving economic conditions means no one feels compelled to sell.