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Q1, 2016 TAHOE-TRUCKEE MARKET UPDATE

Greetings, MARKET UPDATE The 2015-2016 winter has been a bounce back period on many fronts. After a series of disappointing ski seasons, our region was thirsty not only for water but for the audience that drives our tourist economy. With over 400 inches of snow, nearly half of which graced us in March, the region has been propelled into recovery. Local real estate has returned to “normalized” conditions that include [...]

Q1, 2016 TAHOE-TRUCKEE MARKET UPDATE

TAHOE TRIATHLON

As documented before with my updates, the season of the “Tahoe Triathlon” is upon us and I have been taking full advantage of the springtime weather with the family. My triathlon typically consists of skiing, biking and golfing. One of the best things about Tahoe is you can substitute a number of different sports such as paddle boarding, running, hiking, or whatever you enjoy in the great outdoors. With around [...]

TAHOE TRIATHLON

Luck ‘O the Irish 400″ March 17th, 2016

Greetings - I think it is officially safe to say that it has been a great winter in Truckee/Tahoe as Northstar has reported hitting the 400” mark for the season. Along with this they have rolled out the 2016/17 season passes and are offering a discount if you buy early. Here is a link to those details: Northstar 2016/17 Season Pass They are also offering a 25% discount on lift [...]

Luck ‘O the Irish 400″ March 17th, 2016

TAHOE TRUCKEE MARKET UPDATE, MARCH 10th, 2016

Greetings - Events SnowFest will be wrapping up the week of events with fireworks, Ididarun and the 28th annual snow sculpture contest this weekend. Here is a link to the schedule with locations and event details: SnowFest Schedule Real Estate The narrative surrounding real estate in the Tahoe-Truckee resort market this winter has closely mirrored the ski season itself. As the first indications of a strong winter became evident, a [...]

TAHOE TRUCKEE MARKET UPDATE, MARCH 10th, 2016

THE CALM BEFORE THE STORM

If you have been following any of the weather blogs for Tahoe you have probably heard about the big storm building in the Pacific and heading for California. NOAA has a great video on this massive storm and predicts that it will get progressively cooler next week with the lighter snow falling on top of the heavier stuff which makes for fun ski conditions as you have a supportable base. [...]

THE CALM BEFORE THE STORM

TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 25th, 2016

The perfect storm of abundant snow and clear skies over the holiday brought skiers from far and wide to Northstar who handled it without a hitch from this view point. Similarly, real estate showings have swelled with the crowds continuing to fuel optimism for a strong winter season and a deep snowpack to ski well into spring. With the “Miracle March” on the horizon we hope for plentiful snow to [...]

TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 25th, 2016

PRESIDENT’S POWDER

Wow… I woke up this morning at my home in Truckee in what I consider the banana belt and there was 13” of low density fluff sitting in my driveway and piled on my car. This is the classic Tahoe snow that we have all been waiting for – perfect combination of cold air with lots of moisture. Northstar is reporting 21" in the last 24 hours. If you are [...]

PRESIDENT’S POWDER

TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 11th

Greetings- Occasionally the dynamics of the Tahoe-Truckee real estate market are quite simple. Amidst the best start to winter since 2011, with arguably perfect ski conditions, the local real estate market is off to a raucous beginning of 2016. Though historically the worst month for closed transactions, January saw 82 sales at an average price of $918,745; increases of 8% and 5% respectively. These sales reflect pent up demand for [...]

TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 11th

TOUCHDOWNS AND TURNS

If you live in the Bay Area this might be the perfect weekend to escape the Super Bowl traffic and come up to Tahoe for the great ski conditions and spring like weather in the forecast. Squaw Valley and Northstar have both received around 19” of new snow in the last 7 days and temperatures this weekend should reach close to 50 degrees. This equals perfect travel conditions on the [...]

TOUCHDOWNS AND TURNS

PRIME FAIRWAY TOWNHOME LOCATION ON GOLF COURSE

A prime location townhome just walking distance to amenities at Gray's Crossing with unobstructed views of the 3rd fairway and 4th green. Bright open floor plan with high ceilings and great southern exposure. Great room with gas fireplace, master suite & powder room on upper level and junior suite & third bedroom on the lower level. Quality upgrades include kitchen granite counters, stainless appliances, motorized shades, custom window treatments, wood [...]

PRIME FAIRWAY TOWNHOME LOCATION ON GOLF COURSE