Reno Tahoe Real Estate News » Truckee

Winter Parking in the Truckee/Lake Tahoe Area

Gigi & Corky Heckendorn — Wed, 28 Dec 2011 23:06:16 +0000

The Placer County Sheriff’s Office and Placer County Parking Enforcement issued a reminder that regardless of whether there is snow on the ground or not ( and, “Yes, Virginia….” it will snow eventually), it is illegal to park on any roadway from November 1st to May 1st.

This includes roadway shoulders, cul-de-sacs, etc. Your vehicle may be cited and/or towed if you are found in violation of this code. The only exception to this code is if signage indicates parking is allowed.

So make sure where you park is legal; otherwise you might end up looking at a parking ticket on your windshield — and no one wants that!

Tahoe Donner Real Estate News, July 2011

Bonnie Jessie — Sat, 06 Aug 2011 16:42:55 +0000

Twenty One homes closed escrow during the month of July in the Tahoe Donner subdivision of Truckee, California.

Average sold price during the month was $568,542, up slightly from the average sold price in 2010 of $537,233.

With interest rates dropping and great properties being offered (currently 146 active on the market in Tahoe Donner), buyers are enjoying the shopping experience of finding their beautiful mountain home at great prices!

Great deal of the month: http://tsierra.paragonrels.com/ParagonLS/Default.mvc#1,1

To see all the great homes for sale, visit www.dicksontruckee.com

All Aboard for National Train Day in Truckee

Bonnie Jessie — Wed, 04 May 2011 17:27:08 +0000

National Train Day is Saturday May 7th. Downtown Truckee and Amtrak will host the event commemorating the 142nd anniversary of the first transcontinental railroad’s completion.

Since very early on, railroads have played a major part in the development of Truckee. America’s first transcontinental railroad – completed on May 10, 1869, established an important train yard in Downtown Truckee. Logging railroads connected this vital artery with the nearby lumber mills and forests to provide much needed lumber to a growing country. As tourism grew, a tourist railroad linked Truckee to the shore of Lake Tahoe, connecting the country to one of our most beautiful resources.

Come on out and join the fun!

Lake Tahoe Ski Resort Closings

Barb Wilkinson — Wed, 20 Apr 2011 20:00:56 +0000

You may not be done skiing or boarding yet, but some of the local area resorts are. While most remain open, a few closed this past weekend and most will close Easter Sunday. The die-hards (Squaw, Sugar Bowl, Alpine, Heavenly and Mount Rose) will remain open into May. But it’s definitely winding down, so get up here soon!!

Alpine Meadows Ski Resort – Official closing date Sunday, May 15, 2011

Boreal Mountain Resort – Official closing date (for daily operations) Sunday, April 24, 2011

Diamond Peak Ski Resort – Official closing date Sunday, April 24, 2011

Donner Ski Ranch – TBD

Heavenly Lake Tahoe – Official closing date Sunday, April 24, 2011

Homewood Mountain Resort – Official closing date (for daily operations) Monday, April 11, 2011.
Weekend skiing and snowboarding from 9 a.m. to 2 p.m. starting Friday, April 15 through Monday, April 18; and Friday, April 22 through Easter Sunday, April 24, 2011

Kirkwood Ski Resort – Scheduled closing date Sunday, May 1, 2011

Mt. Rose Ski Tahoe – Official closing date Friday, May 6, 2011
Passholders only ski days May 7th and 8th, 2011

Northstar-at-Tahoe Ski Resort – Official closing date Sunday, April 24, 2011

Royal Gorge XC Ski Resort – Official closing date Sunday, April 24, 2011
Open Friday – Sunday through the last weekend
*Despite voluntary evacuation of Serene Lakes due to multiple propane leaks, Royal Gorge has been cleared to remain open to the public.

Sierra-at-Tahoe Ski Resort – Official closing date Sunday, April 24, 2011

Soda Springs Winter Resort – Official closing date Sunday, April 24, 2011

Spooner Lake XC Ski Area – CLOSED

Squaw Valley USA – Official closing date Monday, May 30, 2011

Sugar Bowl Ski Resort – Official closing date Sunday, May 1, 2011

Tahoe Cross Country Ski Area – Official closing date Sunday, May 1, 2011

Tahoe Donner Downhill and XC Ski Areas – CLOSED

Two New Movie Theatres Open in Truckee

Bonnie Jessie — Tue, 05 Apr 2011 16:16:10 +0000

Two new boutique style movie theaters have just opened in the Village at Northstar, offering resort guests and members of the community yet another opportunity to relax and rejuvenate with friends and family when they visit the resort. The Village Cinemas are operated by veteran theater owners Bloomhuff Theatres, Inc. and are the only movie theaters in the vicinity of Truckee, Calif.
Located on Copper Lane near the entrance to the Village at Northstar across from TC’s Pub, The Village Cinemas feature two screens, with one containing 96 elevated stadium seats, and the second containing 45 elevated stadium seats. Scheduled to be open seven days a week through the remainder of the winter season, The Village Cinemas will show Hollywood hits and offer a full service concession stand featuring popcorn, candy and beverages.

Now Is The Time To Sell – Truckee/Lake Tahoe

Barb Wilkinson — Fri, 25 Mar 2011 22:27:48 +0000

Had enough of the snow? Or maybe you are thinking of downsizing since the kids are gone? Whatever your reason to sell, you may want to consider putting your home on the market sooner rather than later. Summer is our area‘s traditional selling season, and when we see the most inventory of active listings. That’s great – for buyers. If you wait, you might not stand out in the crowd and could end up selling your home for less.

Right now, interest rates are still good and the worry is that they will be rising. Inventory is tight and buyers are frustrated by the lack of choices. There is a surprising lack of move-in ready homes in many neighborhoods. Now is the time to take advantage of this situation as a seller. If you have thought about selling, why not contact us for a free market analysis of your property? We can help you with all the details from staging to repairs, if necessary, and get you top dollar for your home.

Current Sales Statistics for Truckee/Lake Tahoe

Lil Schaller — Thu, 03 Mar 2011 23:13:16 +0000

In reviewing sales statistics for January and February 2011 compared to the same period last year, median prices for the Truckee/Lake Tahoe area continued to drop in most areas and price ranges, while the number of units sold remained almost the same or were down just slightly.

Currently, there are 474 single family homes active on the market, ranging in price from $105,000 to $24,900,000, with a median price of $699,000. For condos/townhomes, the actives total 239, ranging from $65,000 to $2,840,000, with a median price of $415,000. For our active inventory, 12% of single family homes fall in the “distressed” category (REO or short sales), whereas only 6.5% are noted as distressed.

The Tahoe Donner Lifestyle

Lil Schaller — Mon, 21 Feb 2011 20:37:25 +0000

Living in Tahoe Donner, we find ourselves once again enjoying a large accumulation of beautiful fresh new snow. We received over 4 feet in the last couple of days. Visitors coming for the holiday weekend will find themselves in a glorious winter wonderland.

We enjoy Tahoe living…..Many locals have flexibility so that they can easily adjust their schedules to get out and enjoy as well as appreciate the lifestyle this Tahoe area offers us, a lifestyle we feel blessed to have available to us right out our doorsteps.

Today I went for a snowshoe, taking in the gorgeous scenery and crisp fresh air. Afterwards, I went home, freshened up, and then off to work for the remainder of the day. The luxury of having the National Forest right outside our doorstep as well as access to seven major ski resorts, all within a 20 minute drive is absolutely priceless. Tahoe Donner offers a nice downhill ski area, a world class cross country ski center and lots of trails for exploring and snowshoeing.

This past week we received 4- 8 feet of fresh new snow….If you enjoy the fresh mountain air, snow sports and the breath taking scenery….COME ON OVER, VISIT OUR NEIGHBORHOOD – Tahoe Donner Truckee California.

Cedric Watson & the Bijou Creole Band appearing in Truckee

Ann Nguyen — Fri, 28 Jan 2011 01:25:24 +0000

Cedric Watson and the Bijou Creole Band will be performing at the Truckee High School Theater courtesy of Arts for the Schools. Doors will open at 7 pm with adult tickets $15 and students $5.

Cedric Watson is a talented young musician who has been nominated this year for a Grammy along with three other Grammy nominees amongst his band. If you want to hear some lively, foot stomping Cajun or Creole music, this is your opportunity to come out for some great entertainment and at the same time, support Arts for the Schools. Then watch the Grammy awards on February 13, 2011 and proclaim “I saw Cedric live in our very own Truckee”.

There are five members in the band:

* Cedric on Fiddle and Accordion
* D’Jalma on Bass and Fiddle
* Lance on Clarinet
* Mike on Washboard, Spoons, and Accordion
* Ryan on Accordion and Drums

In addition to Friday night’s performance, Cedric and his band visited four local schools and performed to over a thousand students in Truckee, North Lake Tahoe and Incline Village. The students were gifted with the opportunity to learn the history and meanings behind Creole music.

So come on out this Friday…listen to a great band…and support Arts for the Schools.

State of the Real Estate Market, Lake Tahoe/Truckee

Lil Schaller — Thu, 27 Jan 2011 23:18:30 +0000

With another year into the history books, what can we learn from the real estate sales that occurred in 2010? With a total of 858 single family homes reported sold, an increase of 8% over 2009, the median price of $465,000 unfortunately reflected a drop of 9% from 2009, bringing the total decrease in median price since the high in 2006 to 32%. The 617 single family homes currently on the market reflect approximately a 9-month inventory.

In looking at the Tahoe Donner subdivision in Truckee, which comprises the largest percentage of the sales in the overall area, the statistics are similar. A total of 222 single family homes sold in the subdivision (5 less than in 2009), at a median price of $520,000, a decrease of 8% from 2009, and a total decrease of 32% over that subdivision’s high of $765,000 in 2005. The 86 homes currently on the market within Tahoe Donner is only a 4.6 month inventory.

The sale of distressed properties increased in 2010, no surprise. Of the 858 homes sold, 151 were REO (investor owned) and 108 were Short Sales, an increase of 22% over the number of REO/Short Sales sold in 2009. We anticipate this distressed property activity to continue in 2011, as homeowners and their real estate agents/representatives continue to negotiate short sales where loan modifications/refinances are not an option, and lending institutions continue to sell their inventory of homes taken back in foreclosure.

A bright light for Buyers, and Sellers too, for that matter: Frank Nothaft, chief economist for Freddie Mac, says he expects long-term mortgage rates to hold below the 5% threshold throughout 2011, as key macroeconomic drivers provide a backdrop that supports a continued, albeit gradual, housing recovery. Turning to home prices, Nothaft says markets that have large inventories of for-sale homes and REO properties will continue to see home-value weakness in 2011, but he believes price indexes for the U.S. as a whole are close to bottoming out.

In this mountain paradise we love to call home, that’s great news. We look forward to another successful year, helping buyers and sellers realize their dreams!