Lake Tahoe Real Estate Co.

Team Member posts on the Lake Tahoe Real Estate Market

Tips for improving gas mileage

clock July 25, 2008 12:04 by author Shannon Witt

Tip for Improving Gas Mileage

RISMEDIA, July 19, 2008-

The summer vacation season is getting in full swing and fuel prices are rising faster than the temperature. But drivers can stretch each tank of gas by roughly 10% with simple driving tips and smart car care solutions from 3M Car Care. “Over the life of a car, poor fuel efficiency and excessive fuel use can lead to hundreds, if not thousands of dollars in added expense,” said John Marmar, U.S. business manager, 3M Car Care products. “Properly maintaining the vehicle and watching your driving style are two of the best ways to maximize fuel efficiency and reduce long term expenses.” 3M Car Care offers six tips to maximize your car’s fuel performance.

1. Check tire pressure - Improperly inflated tires can greatly reduce fuel economy, so make sure tires are inflated to the manufacturer’s recommended pressure listed on the inside of the driver’s side door. The correct tire pressure will also provide a safer ride and help reduce tire wear.

2. Let your engine breathe - Replacing a dirty, clogged air filter will go a long way in improving fuel efficiency. According to the federal government, a car’s gas mileage could improve by as much as 10% with a clean air filter. In addition to the fuel savings, the new filter will help protect the engine.

3. Keep the fuel system clean - Carbon and resin buildup in a car’s fuel system reduces fuel efficiency. You can clean the entire fuel system with the new 3M DIY Fuel System Tune Up Kit. With just one tool and 45 minutes, it cleans the engine, fuel injectors, intake manifold, intake valves, combustion chambers and throttle plate with the same trusted 3M products used by automotive professionals. Keeping the fuel system clean helps maximize the engine’s performance, extend the life of the engine and improve mileage.

4. Keep it cool inside - Summer heat requires air conditioning, but AC can account for up to 5% of a car’s fuel consumption. Using 3M Crystalline Automotive Window Film can keep the sun and heat at bay - making the vehicle cooler and reducing the demand on a vehicle’s air conditioning system. Even better, 3M Crystalline Automotive Window Films offer many of the benefits of darker window tints, with the option of being virtually clear in color.

5. Take it easy and slow down - Driving a car at a high speed, “jackrabbit starts” and aggressive driving in traffic can greatly reduce fuel efficiency. The U.S. Department of Energy says “As a rule of thumb, you can assume that each 5 mph you drive over 60 mph is like paying an additional $0.20 per gallon for gas.” And every time you “hit the gas” you get closer to the next refill. 6. Put your car on a diet - Remove any unnecessary, heavy objects in the vehicle. An extra 100 pounds can reduce fuel efficiency by as much as 2%. Even removing golf clubs can help lighten the load.

For more information, visit www.3Mcarcare.com.

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Some good news on the Lake Tahoe real estate market!!

clock July 25, 2008 12:01 by author Deb Howard

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!

 

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Home Prices Leveling Off ??

clock July 22, 2008 14:56 by author Ron Bricker
I saw on the local news last night, that single family home sales in nearby Reno were up some 24% over last Year.  After a 13% price correction, I can understand why.  Home sales are up in many locations across the country after an 18 month decline.  With interest rates still low it just makes sense to buy at these prices.  Experts that I've seen on the financial tv networks say that in past housing price declines the bottom is vee shaped and prices tend to rebound quite dramatically.  Let's hope so. 

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