STEP2, a local non-profit organization that provides recovery treatment for chemical dependent women and their children, announced that it’s 17th Annual Homes for the Holidays fundraiser will showcase five magnificent homes in Montreux for public tours. The annual home tour represents the organization’s largest fundraiser of the year.
Nearly one out of every five women of childbearing age in Washoe County is in need of substance abuse treatment. As the area’s only organization to specialize in drug and alcohol abuse treatment for women and children, STEP2, in response to the staggering statistics, is expanding its treatment capacity. “STEP2’s new facility will double our treatment capabilities from 160 to 320 families per year. This expansion is more important than ever considering the economic downturn which can cause an increase in substance abuse and homelessness. We are honored to be a resource for women and their children to turn to in their time of need,” explained Diaz Dixon, STEP2 Chief Executive Officer.
This year, five generous homeowners in Montreux will open their doors to the public on the weekend of December 4, 2009 to help raise funds for STEP2. The kick-off event for the weekend-long affair is the extraordinary Jingle and Mingle Preview Party gala which will be held on Friday evening, December 4th at The Grove. The evening’s events begin at 4:00 p.m. and include a sneak-peak tour of the homes, an elegant hors d’oeuvre buffet, hosted bar and auctions. The cost per person is $125 for the Jingle and Mingle Preview Party and Twilight Tour.
On Saturday and Sunday (December 5-6, 2009), the homeowners will welcome the public to tour their homes which will all be decorated in the spirit of the season. For only $35, guests may tour the featured homes and get an up close and personal look at stunning architecture, interior design and holiday decor. There will also be a Holiday Shoppe boutique, featuring unique holiday gifts as well as delicious Hollyberry Lunches. The tour will run from 10:00 a.m. through 3:30 p.m.
All proceeds raised from the tour will benefit STEP2 and help the organization provide substance abuse treatment for women and their children in the Truckee Meadows. Without the Homes for the Holidays event, STEP2 would not be as successful as it is today. Tickets went on sale October 12, 2009 and can be purchased at the following ticket centers: Aqua Salon, Best Wishes, Dickson Realty (Caughlin Crossing and Montreux Visitor Center), GJ Rhodes, L’Uva Bella, Paper Moon, St. Ives Florist, Tassels (formally Name Droppers), Whispering Vine and Vista Grille. Tickets can also be purchased by visiting www.step2reno.org or by calling (775) 787-9411.
Les Maisons is tucked back in the pine forest lots in the heart of the master planned community of Montreux and adjacent to the 7th hole of Montreux’s Jack Nicklaus Signature Golf Course. This idyllic community is set against the majestic backdrop of Mt. Rose and is strategically nestled around a quaint Parisian-style linear “Parc” to facilitate the true sense of social community that Montreux embodies.
Les Maisons at Montreux, built by award-winning custom home builder Pearce Construction, features Country-French architectural design highlighted by a striking roof design showcasing 18:12 and 16:12 pitches engineered exclusively for the community. These exquisite homes include as standard, 3-car garages, full landscaping and year-round maintenance as well as all of the luxury upgrades you’d expect in a one-of-a-kind Tahoe home, yet it is located in the heart of Montreux, minutes from both Lake Tahoe and the bigger-city conveniences you need and desire.
Visit Les Maisons today and learn about this one-time, limited opportunity to secure a home backing The Parc in Phase One. These single level living two story homes range from 3,200 to 3,600 square feet. These may be some of the finest homes and lots in all of Les Maisons at Montreux. Starting at $1,535,000.
OPEN HOUSE each Saturday and Sunday from 1pm to 4pm.
Spend an afternoon in Truckee exploring eight remarkable one-of-a-kind custom homes in Northstar and help raise money to benefit local schools during the first Excellence in Education Luxury Home Tour taking place Saturday, September 19, 2009 from 10am to 4pm.
Excellence in Education has partnered with the Tahoe Sierra Board of Realtors for this unique event that showcases a group of distinct homes. Discover many of the latest trends and creative ideas in luxury home building as envisioned by several of the region’s premiere architects, builders, designers and landscapers.
“Our goal is to invite participants to enter a world brimming with inspirational architecture, lavish interior design and creative landscaping,” explained Lil Schaller, Excellence in Education Board Member and Home Tour Chair. “We are looking forward to this new fundraising event and hope to make it a popular annual tradition.”
Proceeds from the Home Tour will benefit quality public education within the Tahoe Truckee Unified School District. Money raised will go directly into the school district via the Excellence in Education Foundation’s grant and teacher training programs.
Tickets for the tour are $30 per person in advance, $35 at the door and group discounts are available. Tickets may be purchased at Dickson Realty, Sheridan Northstar Real Estate, Tahoe Mountain Resorts Real Estate in the Village at Northstar, in person, from any Excellence in Education Board Member and online at www.ExinEd.org.
For more information or to volunteer call 530-550-7984 or visit www.ExinEd.org.
The Tahoe Truckee Excellence in Education Foundation is a private, nonprofit organization that supports quality public education with the Tahoe Truckee Unified School District. Each year the Foundation raises money and provides grants, resources and partnerships to benefit students, teachers and educational community as a whole.
How is it going so far in 2009?Will luxury homes get a “bailout”?Most likely, not.What’s a Seller to do? If you don’t have to sell your multimillion dollar home in the next year, then wait.If you are on the market and need to move within a year then sharpen your pencil and get your price to the market.Remember, last month I said there were 114 homes on the market over 1.5 million dollars and I am forecasting 17 to 27 of those homes will sell in the next twelve months.So far this year one luxury home has sold and the inventory has dropped to 99.That is good, steady news!
Activity has definitely picked up as evidenced by increased showing appointments. The Buyers are sending a clear message that if the home is a “deal”, they will step up.The lending environment for jumbo loans is very tight and you actually have to qualify for the loan like you did in the good old days.There are some very good loans but exercise caution and choose a reputable lender who can deliver what they promise.If the interest rate and loan package is too good to be true … Some analysts are predicting increasing interest rates in the next six months so take advantage of these historic low rates and jump in to the market!
So, here we go into 2009, and a Happy New Year! I often receive calls from clients and friends, who quote statistics about the market that they read in the paper, saw on the news or –heaven forbid – Zillow. These numbers cover the broader market with no interpretation of market segments. So, let’s take a look at the stats for luxury home sales and maybe get a handle on what to expect in 2009.
Fact: The number of homes that sold in the Reno/Sparks area in 2008, over 1.5 million dollars was 25 which were 15% of the inventory. It took an average of 273 days to sell those 25 homes. In 2007, the number of homes that sold over 1.5 million dollars was 46 which was 24% of the inventory and it took on average 280 days to sell those homes. 26% of the inventory sold in 2006, and 24% in 2005 with an average of 200 days on the market in both years.
Okay, those are the facts, so it is safe to say it is still a Buyer’s market. The lending environment is tricky but by no means impossible – so you Buyers get out there and have some fun. As a Seller with a home valued over 1.5 million dollars you have 114 competitors and 17 to 27 of you will sell your home in the next nine months. To Sellers – hang on – the ride is still a little bumpy. Sharpen your pencils and get your price to the market.
Tuesday, November 3, 2009 By: Amy Thyr
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