Greetings Fellow Life Travelers:
Another beautiful first few days of the week, with clouds and a bit of rain on Thursday, then back to high 70s. Saw a fun show at GSR in Reno (originally the MGM when it opened moons ago with the fabulous Hello Hollywood show that ran for several years) – Princess Bride, made in 1987. It was shown with the Reno Phil’s orchestral accompaniment – great presentation – and included an interview after with Cary Elwes, the romantic star. Had a nice interview for a lakefront listing, and desert friends are visiting for the week. Got the house and decks re-oiled, garage doors serviced, firepit cleaned and working, new dog door for Dancer installed and new garage door motors coming….so now we’re ready for upcoming winter. So, let’s see what transpired in real estate this week.
Residential Real Estate – week 9/20 – 9/26
| Location | New Listings | Escrows | Solds |
| N/W Shores/Truckee MLS | 24 | 33 | 41 |
| Incline/Crystal Bay MLS | 6 | 10 | 5 |
| East Shore MLS | 5 | 6 | 3 |
| Reno/Sparks MLS | 101 | 109 | 91 |
For Tahoe Sierra MLS, Martis Camp had an escrow listed at $17.495M and a sold at $21.5M, down from list at $25M. My colleague, Amie, had a nice Dollar Point lakefront sale at $10M. Incline had a new off-water escrow listed at $11.95M, and East Shore had two new lake view listings at $8.75M and $9.88M along with a Beach Club escrow listed at $7.7M. Reno/Sparks had a nice escrow listed at $4.095M.
Local/Real Estate/Luxe
- August existing home sales were down by .8% from a year ago and are at lowest August level in at least 20 years, per NAR report. Record high housing wealth and record high stock market will help current homeowners trade up and benefit the upper end of the market, per Chief Economist Lawrence Yun. Sales increased the most in the Midwest, where the median home price is about 22% lower than the national median.
- Emerging Industry: Recycling of clothing. This is on the rise and expanding, with Europe taking the lead. Goal is to create new, usable cotton and polyester fiber to be spun into new yarns. Several fashion brands have committed to using recycled yarns. The amount of disposed clothing is mind-boggling!
- Airline woes: Toxic fumes entering the cockpit and cabin have increased in last 10 years. Airlines are upgrading auxiliary power units, a common source of the fumes.
- Palm Springs Life: The Guide. Fabulous resource for the whole Palm Springs/Palm Desert area. https://tinyurl.com/muv6ce9m
- 41st National Cowboy Poetry Gathering in Elko – tickets are now on sale for January event. National Cowboy Poetry Gathering
- San Francisco. So nice to keep hearing good things about improvements in the downtown/financial areas of the City. Appears that Mayor Lurie is doing a great job. As a City native, remembering the days of heels and white gloves to go ‘downtown’, it was a tragedy to see Union Square shops boarded up and things a mess in recent years.
- Fat Bear Week: This annual tournament at Brooks River in Katamai National Park votes for the fattest brown (Kodiak) bear between September 23 – 30. Vote for the bear you think best exemplifies fatness and success in brown bears. Only one will be crowned. You can campaign for your candidate! www.explore.org/fat-bear-week.
Entertainment
- Two Things to Worry About: https://www.facebook.com/reel/1471064880781943
TidBits
- 1) It’s hard to build momentum if you keep dividing your attention. 2) When determining the size of complexity of a new habit, ask yourself: What can I stick to – even on my worst day? Start there. Show up. Then advance. James Clear
- You drown not by falling into a river, but by staying submerged in it. Paulo Coelho
- If you see your glass as half empty, put it into a smaller glass and stop bitching.
- Remaining 4 of 9 Important Facts: 4) Health nuts are going to feel stupid someday, lying in the hospital, dying of nothing. 3) All of us could take a lesson from the weather. It pays no attention to criticism. 2) In the ‘60s, people took acid to make the world weird. Now the world is weird, and people take Prozac to make it normal. 1) Life is like a jar of jalapeno peppers. What you do today might burn your ass tomorrow.
- Interesting Facts: 1) The liver is the only human organ that can fully regenerate itself. (Good news for Martini lovers.) 2) There are more stars in the universe than there are grains of sand on earth. 3) The first successful electric car in the U.S. was made by chemist William Morrison in 1890. 4) It takes roughly 540 peanuts to make a jar of peanut butter. 5) Ferret-legging is an endurance sport in which competitors attempt to keep ferrets trapped in their pants for as long as possible.
- It’s not what we get…but who we become, what we contribute…that gives meaning to our lives. Tony Robbins
- People say nothing is impossible, but I do nothing every day. Winnie the Pooh
- Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly, and applying the wrong remedies. Groucho Marx
- I’m an early bird and a night owl….so I am wise, and I have worms. Michael Scott, the Office
- Opportunity is missed by most people because it is dressed in overalls and looks like work. Thomas Edison
- There are no traffic jams along the extra mile. Zig Ziglar
- The only thing that ever sat its way to success was a hen. Sarah Brown
- Behind every successful man is a surprised mother-in-law. Voltaire
- People who never do any more than they get paid for, never get paid for any more than they do. Elbert Hubbard
- Don’t sweat the petty things and don’t pet the sweaty things. George Carlin
- For fast acting relief, try slowing down. Lily Tomlin
- A smile is a curve that sets everything straight. Phyllis Diller
- Signs: 1) Frog parking only. All others will be toad. 2) If your car is running, I’m voting for it. 3) What happens if you get scared half to death twice? 4) I want to grow my own food but can’t find bacon seeds. 5) This is my step ladder. I never knew my real ladder. 6) My wife said I never listen to her, or something like that. 7) I checked into the Hokey Pokey clinic and turned myself around. 8) Is there ever a day that mattresses are not on sale?
- Every time I see a mattress on top of a car, I think prostitutes are doing Door Dash now.
- Let me pour you a tall glass of ‘get over it’. And here’s a straw so you can ‘suck it up’.
- I told my daughter to watch her attitude. She looked at me and said, “For complaints about my attitude, please contact the manufacturer”.
Clever girl. Wish I had thought of that! Have a great week and see you next time!
Best Wishes,