Greetings – The Labor Day weekend is upon us and we look forward to more beautiful weather and many people visiting the Tahoe/Truckee area to escape the heat. This is one of my favorite times of the year as I start dreaming about the upcoming ski season and enjoy making S'mores and star gazing with the family around our fire pit. There are a couple of fun events that you [...]
Greetings - Prior year comparisons would indicate that year-to-date production for the local real estate market has been sluggish. Indeed, 6% fewer residential sales have transacted year-to-date leading to an 8% reduction in total real estate volume when compared to the first seven months of 2017. A deeper examination reveals that, while certain pockets of the market have hit saturation, the majority of the region continues to thrive. While average [...]
Greetings - August is coming up and before we know it the kids will be back to school and the Fall season will be approaching. The Tahoe Truckee real estate market is starting to pick up steam and we are currently experiencing the calm before the storm as buyers will be concluding their window shopping and making purchasing decisions with winter lingering in the back of their mind. EVENTS: Until [...]
Greetings - Summer is in full swing and the Village at Northstar was a buzz this past weekend with the Tahoe Trail 100 Leadville qualifier. It was a two loop 50K mountain bike course that will provide a total of 25-100 qualifying slots to the famous Leadville Trail 100 that takes place on August 12th high in the Rocky Mountains. Peter Stetina pulled out the overall win with a time [...]
Greetings – The first two quarters of the Tahoe Truckee Real Estate market are slightly down with sales volume by 6%, but that is to be expected after such an overwhelming winter. Travel was treacherous and if people were able to make it up the mountain they were enjoying the incredible ski conditions. I finally put my ski season to bed this past Monday with a quick trip up to [...]
Greetings, Contemplating a year wherein sales volume is down nearly 6% and average price flat compared to prior year does not often foretell of a banner year. Nevertheless, at midyear, 2017 appears poised to top all 12-month periods in recent memory for real estate activity in the Tahoe Truckee region. An overwhelming winter artificially restrained activity for the first two quarters despite exceptional demand for resort property. As such, many [...]
MARKET UPDATE: As the Tahoe-Truckee real estate market continues to gain momentum the market conditions at Gray’s Crossing are a great example of a strong first half. The real estate at Gray’s Crossing continues to flourish with a flurry of construction activity and sales trading at increased values. Last year through the midway point in June there were 8 homes sold at an average price of $1,216,265. Year to date [...]
Greetings – EVENTS My family and I are excited to watch the Truckee 4th of July community parade this 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 [...]
Greetings - The final remnants of a disruptive winter are visible in the performance of the local real estate market over the past 30 days. It may appear disingenuous to describe a market that lags sales volume of the prior year by 10% as ‘frothy’ however the first hints of summer activity have that feel. May, 2017 saw 109 residential real estate closings; an excellent number by historical standards but [...]
We were live with listing agent Shane Jones and golf professional Jamie Harper at The Fairway Townhomes at Gray's Crossing. They discussed the golf course openings at Gray's Crossing and Old Greenwood plus details on membership and fun Tahoe Mountain Club summer activities.
