Greetings –    The third quarter of 2018 was record setting for real estate in the Tahoe Truckee region by every measure but for one. Total sales volume and average price hit all-time highs while median price equaled the 2006 market peak. Only the total number of sales units fell behind the same period last year due, in part, to a supply constrained market. Total sales volume from July through September [...]

Greetings - A big hurdle to second home ownership in the Truckee-Tahoe area is the basic maintenance and upkeep though the four seasons of mountain weather.  I have many clients who desire a second home to come enjoy on the weekends and holidays, but have hesitations with the extra work and responsibilities that come along with it.  Often times it can be much easier to just rent and come and [...]

Greetings - During the first half of 2018 the Tahoe-Truckee region has seen an explosion at the highest reaches of the market with 66 properties trading at values in excess of $2,000,000; a figure that exceeds the 12-month total of 7 out of the last 10 years. Reduced supply combined with surging demand have resulted in slightly fewer sales at substantially higher prices, and conditions defining the performance of the [...]

Greetings – EVENTS My family and I are excited to watch theTruckee 4th of July community paradethis Monday at 10 am starting at the corner of 89 south and Donner Pass road and winding through historic downtown Truckee and finishing at the corner of Bridge and Church street. Start your morning with the classic pancake breakfast at the local fire station on Donner Pass Rd next to Wild Cherries. My [...]

Memorial weekend is the kickoff to summer activities in Tahoe and we typically see a flood of new properties come on the MLS at this time.  The inventory has been lean this winter so we are looking forward to many new listings hitting the market as buyers are engaged and excited to enjoy the Truckee/Tahoe lifestyle.   The spring weather has been mild with rain showers and the trail conditions [...]

Greetings -    Spring showers are soaking the mountains, the golf courses are green and opening for play, and the trails are being buffed out for hikers and bikers.  Along with the abundance of spring activities in Tahoe comes the real estate listing season.  Home owners in Truckee/Tahoe begin their spring clean up this time of year to get ready for outdoor living and entertaining all summer.  If they are [...]

Greetings - The first tangible proof of an apparent trend for the Tahoe Truckee real estate market became apparent in April, 2018. Due to an exceptional shortage of inventory, the volume of transactions dropped significantly when compared to the same month in previous years. Conversely, what property did transact showed an extreme bias toward the premium end of the market driving average price up substantially. While the inventory shortage has [...]

Greetings - Following Master’s week we have the anticipation of golf in Tahoe with the opening of the area courses on the horizon.  With skiing on my mind all winter long I don't even think about playing golf, but once I watch the back nine at Augusta for Masters Sunday I want to dust of the clubs and go tee it up.  The golf course superintendents in the mountains are [...]

Greetings - The convergence of several different narratives meld together to explain the performance of real estate in the Tahoe-Truckee region during the first quarter of 2018. Economic:  A surging Northern California economy continues to deliver robust demand for second homes. Supply:  Historically low supply has shifted negotiating power into the seller’s favor creating upward pressure on prices. Environmental:  A peculiar winter delivered low snow in the early season; a [...]