Greetings Fellow Life Travelers:
Summer! It’s really here! After a series of daily thunderstorms, looks like we’re clear for a while. Temps are in the 80s for the long holiday weekend and, with temps over 100 in the Sacramento valley area, we’ll have a significant influx of visitors. Big campaign for volunteers to clean up the beaches on the 5th – a shame we must even think about that. Efforts to “pack it in, pack it out” seem to fall on deaf ears. On the ‘up’ side, residents and visitors will have a fabulous time with all the events planned, lakes to enjoy and trails to tread. The markets should be a bit more robust now, so let’s take a look at last week.
- Residential Real Estate – week 6/24 – 6/30
- Tahoe Sierra MLS – North/West Shores & Truckee. New Listings – 51; Escrows – 13; Solds – 41
- Incline Village/Crystal Bay MLS. New Listings – 21; Escrows – 10; Solds – 6
- East Shore, NV MLS. New Listings – 5; Escrows – 0; Solds – 5
- Reno/Sparks MLS. New Listings – 113; Escrows – 155; Solds – 125
For Tahoe Sierra, there a split lakefront, new build, on the North Shore came on at $7.375M. Highest sale was $5M in Northstar, and a lakefront home in Brockway Springs sold for $4.1M. Out of the 41 sales, 21 were between $1M & $2M, 14 under $1M, and 6 over $2M. For New Listings, 18 of the 51 were in the Basin. Incline had a new off-water listing on lake side of Hwy 28 at $8.995M, and a lakeview sold at $8.25M. 7 of the 10 escrows were condos. East Shore has a new build lakefront in Skyland at $20.88M, and Reno/Sparks action continues with more escrows than new listings.
- Local/Real Estate/Luxe
- Truckee Fourth of July Schedule (see attached)
- Tahoe City Fourth – fabulous drone show will be launched from the Tahoe Marina Lakefront condominiums.
- Amid rising equities, stable home prices, low unemployment and falling inflation, consumer sentiment is positive in the U.S. Northern Trust
- The price of existing homes declined .02% Y-o-Y in April – first decline since early 2012. However, M-o-M prices have risen in last 3 months after falling for 7 months. Home prices peaked in 6/22, bottomed out in 1/23 and have been rising since. House prices are down just 2.4% from their 6/22 peak. Elliot Eisenberg, the Bowtie Economist
- Wildfire emissions in 2020 were twice as high as California’s entire greenhouse gas reductions between 2003 – 2019. Nearly 1.8 billion tons of carbon dioxide were released due to forest fires in 2021. Congressman Tom McClintock
- Defensible space clearing. High Sierra Home Defense – Caleb. 530-606-0153 In spite of having my property assessed and addressed a few years ago, growies grow so it should be an annual inspection. Caleb did a fabulous job addressing the callouts – highly recommend him.
- Artown, Reno. Along with a myriad of fabulous events in July, there is beautiful display of Dragon Lights at Rancho San Rafael that will be there until Aug. 13.
- Lake Tahoe: an average of 7 people die in the lake every year due to the cold temps. Take Care Tahoe’s campaign to raise awareness with new beach signs: Think Before You Sink. (Once you feel cold water shock, it’s too late). Cold Water Shock Drowning is Preventable. (Wear a life vest.) This Lake Is Cold As Ice. (Play safely. Wear a life vest.) Tahoe Can Take Your Breath Away. Literally. (Cold water shock kills. Wear a life vest.) I know you reading this are savvy, but good to remind friends who may not be so aware of our Lake’s foibles.
- Pasquale Esposito – a fabulous Bay Area tenor – will be in concert under the stars on Sunday, July 16 – Guglielmo Winery, Morgan Hill. On the 20th, he’ll be at Beringer VIneyards, Napa. www.pasqualeesposito.com
- World’s largest gas station just opened in Sevierville, Tennessee, with 120 pumps and more than 350 employees. Open 24 hours daily, Buc-ee’s has everything from fresh fudge to signature brisket sandwiches and even bathing suits. Buc-ee’s is a chain in the south and took top spot as a Forbes’ Customer Experience All-Star in February. Its 74,000 sq.ft. in Tennessee will soon be topped by Buc-ee’s Luling, Texas 75,000 sq.ft. build now under construction. Maybe EVs aren’t so popular in them thar parts.
- Toccata – Tahoe Symphony Orchestra: Red, White and Blue: A Salute to America concert. Friday, July 7, Truckee High School Auditorium www.toccatatahoe.org
- Entertainment
- Puppy Yoga. https://fb.watch/lt-0H4I0gr/?mibextid=2Rb1fB (Put on sound.)
- TidBits
- I told the waitress my steak was bad. She picked it up, slapped it, put it down and said, “If it gives you more trouble, let me know.”
- I think my dog always follows me to the bathroom because I always follow him outside, and he thinks that’s the way it works.
- You will always see children fighting for inheritance, but you will never see them fighting to take care of their sick parents.
- I just fired myself from cleaning my house. I didn’t like my attitude, and I got caught drinking on the job.
- The 3 stages of life: Wanting stuff. Accumulating Stuff. Getting rid of Stuff.
- Great childhood memory…falling asleep on the couch and waking up in bed. I miss teleporting. It never happens to me anymore.
- Five African grey parrots were removed from their display in Lincolnshire Wildlife Park because they were swearing at visitors and then laughing with each other.
- When assembling your dog, be sure to read the directions. (See below)
- A swarm of Ladybugs is called a Loveliness – A Loveliness of Ladybugs. We know they bring good luck, so remember to count your blessings when you see one!
- To err is human. To blame it on someone else shows management potential.
- The more you weigh, the harder you are to kidnap. Stay safe. Eat Cake.
- I enjoy a glass of wine each night for its health benefits. The other glasses are for my witty comebacks and flawless dance moves.
So have a witty and flawless long weekend/holiday with our beautiful weather, celebrating our Independence and love of our Country! (Sometimes a challenge, but our freedom prevails!) Gad – July already. And summer always goes so fast, so enjoy every moment! See you next time!
Best wishes,
Trinkie