The Lake Tahoe market has shown signs of of improvements in terms of units pending and sold over the past 6 months year over year.

That's good news and I'm suggesting this is a trend as apposed to an anomily. However the dark lining on this bit of trend news is that the price point has been declining.. at about 1% per month over the past 18 months (see South Tahoe Association of Realtors stats).

While we're seeing the increase in activity, the market trends are showing the attraction (from buyers) to be driven by and to the "best deals" which, in our most recent market, looks like foreclosures, short sales and distressed.

Time to buy!