Debra and Kenneth Garber report the unique Tahoe Carson real estate market experienced a slight decline in the median price of homes and, because of that, there was an increase in the number of homes receiving an acceptable offer.

As far as where they see their market heading in the future, the Garber's say the current indicators point to a stabilizing market, which they attribute to an increase in inquiries and offers on homes.

There is plenty of supply, they say, and demand is on the increase. Those indicators will reduce the absorption rate, thereby moving the inventory and stimulate the market.

So what are the bright spots in this market?

The Garbers say the influx of inventory, though predominantly short sales and foreclosures, is providing more choices for buyers at more appealing prices.

And because of this they feel the market is flattening, which means there will be little to no further decline in prices.

For more information on this area, contact Debra and Kenneth Garber at:
GarberandGarber.com.

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Published: April 25, 2008

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