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Tahoe Update

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Tahoe Update

Greetings Fellow Life Travelers:

The 22nd annual Wine, Walk & Shop in Truckee on the 4th was a huge success!  The day was glorious, and downtown sidewalks were filled with guests.  Our Chase office served popular Smokey’s Chicken Tortilla soup, and we ran out 2 hours into the 4-hour event.  Two wineries served accompanying selections.  Proceeds from the event this year went to the Tahoe Food Hub.  Rest of the week stayed in the 60s with lots of sunshine.  Monthly Book Club met at a member’s gorgeous lakefront to dine and discuss Goodbye Hotels, a true story/memoire of a man who at age 9 was abandoned by his mother with his 4 younger siblings in a Reno motel.  His growing up years were spent in state or foster homes, but his inner spirit took him through college and ultimately to his own highly successful headhunter business for well-known corporations.  The kids have all reconnected, and the families have periodic gatherings.  Depressing early life – personal view of life in the ‘system’ –  but also inspirational, and it provoked great discussion.  Unfortunately, his early years’ story is not that unusual in our society.  So now let’s see what the real estate story was for this last week.

Residential Real Estate – week 10/4 – 10/10

LocationNew ListingsEscrowsSolds
N/W Shores/Truckee MLS332436
Incline/Crystal Bay MLS444
East Shore MLS753
Reno/Sparks MLS9110165

Interesting uptick in new listings for Tahoe Sierra.  A WS lakefront last listed at $9.5 went to escrow, and 22 of the 36 solds this week were under $1 Million.  

Single family Lakefront Count for N/W Shores for year:  Active – 10; Escrow – 4; Sold – 16.

Interesting stats:  930 residences sold in Tahoe Sierra MLS for year.  438 were under $1M; 295 Sold between $1 and $2M; 99 sold between $2 and $3M; 138 sold between $3 and $4M; 42 sold between $4 and $10M; 18 sold between $10 and $27.5M.  Out of the 18, 10 sales were in Martis Camp. 

Local/Real Estate/Luxe

  • That time!  Ski Area Openings:  Mt. Rose – Nov 8; Boreal, Heavenly, Northstar, Sugar Bowl – Nov 21; Palisades – Nov 26; Royal Gorge, Sierra-at-Tahoe – Nov 28; Diamond Peak – Dec 4; Kirkwood – Dec 5; Homewood – Dec 12; Tahoe Donner – Dec 19.  Tahoe Fund
  • SF Market:  Not enough high-end homes for sale!  AI wealth has stimulated interest and asking prices, along with increase in rents to the influx of AI tech workers – a one bedroom now goes for about $3100/month.
  • Union Square, SF:  Surge in interest for high-end retail ownership, with 251 Post St. building the most recent sale to a new owner. 
  • Spooky Season – Tahoe City.  TC will have its first Haunter historic Walking Tours on Saturday, Oct 25 at 11am or 4pm.  Free to all aged 12 and up!  On the 24th, it will have its first-ever Zombie Haunted Halloween Pub Crawl from 4 – 10pm.  https://visittahoecity.org/event
  • Big News!  Tahoe City Safeway is holding its Grand Opening Celebration at the new location on October 16, 1 – 2PM.  No idea what will happen to the old store.
  • Other Big News:  Jake’s on the Lake is closing Nov 1 – at least for winter and reopening is in question.  Huge blow to 50 years of service in our community!  Let’s hope they work it out for summer opening at least.  

Entertainment

TidBits

  • Just sold my homing pigeon on eBay for the 22nd time.  
  • Lessons, behaviors and love are unlikely to stick unless repeated.  James Clear
  • If you have an apple and I have an apple and we exchange apples, then you and I will still have one apple.  But if you have an idea, and I have idea, and we exchange these ideas, then each of us has two ideas.  Charles F. Brannan, former US Sec. of Agriculture
  • Question:  Where am I rushing right now when I should be moving deliberately?  Where am I draggin my feet right now when I should be moving fast?  James Clear
  • Don’t annoy me this week because if you do, I’m giving your number to every child I see and telling them it’s Santa’s  hotline.
  • No great story started with a salad.  Have a drink first. 
  • Sign in restaurant:  if your Food, Drinks or Service are not up to your expectations, please lower your expectations. 
  • The Pity Train has just derailed at the intersection of Suck It Up & Move On, and crashed into We All Have Problems, before coming to a complete stop at Get the Heck Over It.  Any complaints about how we operate can be forwarded to 1-800-WAA-WAA.  This is Dr, Sniffle reporting from Quitchur’ Fussin’.
  • Everyone:  You can’t just cut people out.  Me:  Snip, snip, snippity snip.
  • Marriage is like a deck of cards.  In the beginning you only need two hearts and a diamond.  In the end you wish you had a club and a spade. 
  • Some days I amaze myself, other days I look for my phone while talking on it. 
  • Sign with Hen on it:  I poop breakfast.  What’s your superpower?
  • I came, I saw and forgot what I was doing.  Retraced my steps and got distracted.  I have no clue which way to go and now I have to pee. 
  • I’m at the point in life where I clean the house to the music I used to get drunk to. 
  • Well, well, well.  If it isn’t the consequences of my own actions. 
  • At my funeral take the bouquet off the coffin and throw it into the crowd to see who’s going to be next. 
  • I didn’t mean to push all your buttons.  I was looking for mute. 
  • Restaurant sign:  Many have eaten here.  Few have died.
  • A recent study found that women who carry a little extra weight live longer than the men who mention it. 
  • I don’t cook but I love to stir the pot. 

Witch’s brew is on the horizon!  Enjoy the beautiful fall days.  Looks like we have a bit of rain/snow early this week.  Deck furniture’s still out – hard to close it all down for winter!   Thanks for reading and see you next time! 

Best wishes,

Trinkie