Greetings Fellow Life Travelers:

After a lovely run of beautiful days, we’re back to winter with snow.  As of Saturday morning, about 3” on my deck…enough for the plows to do their thing.  Looks like more of the same on and off for the rest of the month.  

Regarding the NAR issue I discussed last week, please don’t get caught up in misinformation that is prevalent in the media.  Change is not new to the real estate business, and having a requirement to have Buyer Broker Agreements going forward will be constructive to our business. Here is a short video by a Realtor expressing her own ‘take’, and I think it captures the issue well. https://www.youtube.com/watch?v=YJVJFMV_YoU  Also, if you are interested in reviewing the facts, jump on https://www.nar.realtor/competition-in-real-estate and scroll down to the March 21 post.  I’m here to listen and provide you with facts!  If you would like to discuss this, please give me a call.  Now to check on this last week’s activity in the biz.

Residential Real Estate – week 3/16 – 3/22 

• Tahoe Sierra MLS – North/West Shores & Truckee.  New Listings – 16; Escrows – 11; Solds – 18
• Incline Village/Crystal Bay MLS.  New Listings – 4; Escrows – 7; Solds – 2
• East Shore, NV MLS.  New Listings – 2; Escrows – 7; Solds – 3
• Reno/Sparks MLS.  New Listings – 112; Escrows – 143; Solds – 76

Activity is still slim, a reflection of winter at Tahoe.  Five of the escrows in Incline were condos. On the East Shore, the lakefront last listed at $6.995M (that had been in escrow at least twice) finally closed at $6.775M – a nice Chase sale representing both seller and buyer. 

Local/Real Estate/Luxe

• Protecting Lake Tahoe.  Recently TRPA and other environmental stakeholders met in Washington, DC met with members of Congress and the Biden Administration to stress the importance of preserving the lake Tahoe Restoration Act, due to expire in September.  For info on the Environmental Improvement Program, please visit https://eip.laketahoeinfo.org/
• Time to list:  Per Realtor.com, mid-April is the time to put properties on the market for best and fastest results.  The Tahoe region is a bit problematic for a rush of spontaneous buying as most of our prospects are not here all the time.  That doesn’t mean an interested party won’t make a quick trip, but our audience is typically scattered.  However, we have buyers waiting to pounce on the perfect home, so will be interesting to see how much product comes on and how fast it moves! 
• Amazing deal (sounds like to me). Mid-century home designed by Frank Lloyd Wright protégé in West Hartford, CT, is on the market for $700,000.  2700 sq. ft., in great condition, has 3 bedrooms and 3 baths, on a fenced acre-plus! Listing agent says has had calls from all over the world, so hard to believe it’s still available.

• Navy SEAL Museum coming to downtown San Diego, a few blocks from the USS Midway Museum. Scheduled to open later this year. 
• Tahoe Fund has raised $50,000 for grooming of 19km of cross-country trails at Nevada Nordic, located off Mt. Rose Highway.   https://nevadanordic.org
• Significant purchase protecting Upper Truckee River watershed next to Hwy 50:  31 acres containing an old Motel 6 was acquired by the California Tahoe Conservancy with support from the Tahoe Fund and League to Save Lake Tahoe. 
• Two high-end, amenity-rich developments about to launch:  Yerba Buena Island and Treasure Island.  Combined, the 500-acre development will have 8,000 houses, 1,000 of which are coming to market over next year. yerbabuenaislandsf.com/the-residences  Mansion Global
• For aficionados of Perenn Bakery at the Village Rancharrah, Reno, it opened Perenn Grocery officially March 23. 
• Truckee Follies:  Tickets go on sale April 1 for the 4/14 – 27 performances.  https://truckeefollies.com/
• Hummer H1 X3.  Three times the size of the original Hummer – take a look! 

https://www.hotcars.com/meet-the-hummer-h1-x3-a-hummer-3-times-the-size-with-3-more-engines/

Entertainment

• Rotary Phone:  https://www.facebook.com/reel/780270910638113  (sound on, upper right)
• Margaret Dunning (101) and her 1930 Packard:  https://tinyurl.com/2ku8jzyf  (sound on, upper right)

TidBits

• As a young child my mother told me I could be anyone I want to be.  Turns out this is called Identity Theft.
• The greatest leader is not necessarily the one who does the greatest things. He is the one who gets the people to do the greatest things.  Ronald Reagan.
• Children don’t misquote, they just say the things you didn’t want them to repeat.
• In ancient times cats were worshipped as gods; they have not forgotten this. Terry Pratchett.
• Everybody has a photographic memory.  Some people are just out of film.
• If you want to make money from Facebook, log into your settings, deactivate your account and take your butt to work.
• They say electronic banking is the fastest way to transfer funds.  I say it’s marriage.
• Behind every great woman is a man checking out her butt.
• Not all girls are made of sugar and everything nice.  Some girls are made of adventure, dark chocolate, intelligence, cuss words, and courage.
• My setter pup, left alone one night, made confetti of about half of my [manuscript] book. Two months’ work to do over again. It set me back. There was no other draft. I was pretty mad but the poor little fellow may have been acting critically. John Steinbeck on his mischievous Irish setter, Toby, who ate half of the first manuscript of “Of Mice and Men”.
• I was going to have cosmetic surgery until I noticed that the doctor’s office was full of portraits by Picasso. Rita Rudner.
• Nothing heals the soul like chocolate … It’s God’s apology for broccoli.  Richard Paul Evans.
• Patient says to his doctor, “Every morning when I wake up, I feel dizzy for a half-hour.” Doctor says, “Get up a half-hour later.”.
• I have a lot of boyfriends. That’s the way to stay young.  Grandma Moses (lived to 101).
• There is no pleasure in having nothing to do; the fun is having lots to do and not doing it.  Andrew Jackson.
• If you’re wondering, “How much stuff do I need to bring if I’m out with a baby for 40 minutes?” the answer is “only slightly less than someone traveling the Oregon Trail.”  Raquel D’Apice, author and comedian.
• Money looks better in the bank than on your feet.  Sophia Amoruso

That’s a hard one when you really like shoes!  Stay warm and dry this week – spring will return!  Have a good one and see you next time! 

Best wishes, 
Trinkie