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Tahoe Update

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Tahoe Update

Greetings Fellow Life Travelers:

Snow – yes, snow – no.  Looks like winter is off to a slow start despite the cold temps.  Nothing too important predicted on the immediate horizon.  Some of us aren’t complaining, but we certainly need a good winter for the water shed as well as the success of our local economy.  Pretty quiet in Historic Downtown Truckee this week…amazing, numerous parking places when I went down Thursday for an errand. Think this is a first in some time!  The weekend should be more robust as indicated with few places to park at 4:30PM on Friday.  This week’s real estate report not so robust – take a look.

Residential Real Estate – week 11/25 – 12/1 

  • Tahoe Sierra MLS – North/West Shores & Truckee. New Listings – 9; Escrows – 12; Solds – 13
  • Incline Village/Crystal Bay MLS.  New Listings – 3; Escrows – 3; Solds – 4
  • East Shore, NV MLS.  New Listings – 1; Escrows – 3; Solds – 3
  • Reno/Sparks MLS.  New Listings – 74; Escrows – 82; Solds – 93

Definite slowing down of activity as we head into the holidays.  Olympic Valley had a new listing/new build in the Palisades complex at $5.399M; highest sale for Tahoe Sierra was $2.8M in Old Greenwood.  Reno had 3 new listings over $4 Million, one of which is Chase’s.  Of the 82 Reno escrows, only 6 were over $1M and under $2M.  Highest sale was $3.2M. 

Local/Real Estate/Luxe

  • Globally, sales of $10 Million-and-up homes dipped in the 3rd Quarter, and this has certainly been reflected in our North/West Shores and Truckee market this year.  In 2022, there were 16 homes sold $10M and up as of end of November; this year there have been 8. On the Nevada side, there were 7 in 2022 and 5 so far in 2023.  Home sales in the U.K. dropped 21% annually in October.
  • Did you know?  …that Jack Ruby worked at the Cal Neva prior to killing JFK’s assassin Lee Harvey Oswald.  Yikes!  Tahoe Fund
  • As of December 1, 2023 through March 1, 2024, application for the 4th lottery drawing for buoys and boat lifts can be submitted to the Tahoe Regional Planning Agency. Drawing for qualified properties will be March 29, 2024.
  • Tahoe Fund and Placer County announced a partnership to install personalized engraved bears along the railings in Tahoe City’s Heritage Plaza, raising funds for trails in the Placer County region of North Lake Tahoe.  Baby Bear is $2500; Mama Bear is $5000.  https://tinyurl.com/37e49a4k
  • Memories – Concorde Pilot:  https://tinyurl.com/2jdcn39a
  • Pendulum is swinging in home décor.  Neutrals are taking over grey; bold colors are taking over white kitchen cabinets; pops of vibrant color in other places; smaller spaces are favored over wide open; adding character is trending – decorated ceilings, wallpaper; quartz and quartzite over granite; vintage and antiques are in along with curved deigns in furniture.  Hartford Courant
  • On the loose Christmas Eve?  Great Gold in Truckee is having a family-style prix-fixe menu with dishes influenced by the cuisine of southern Italy – Feast of the Seven Fishes – with optional wine pairing.  https://tinyurl.com/2wh7wruk

Entertainment

TidBits

  • My young daughter was wearing a beat up old watch a friend had given her.  I asked her, “Does it tell the time?”  She looked at me and said, “No, you have to look at it.”
  • Interviewer: “So, tell me about yourself.”  Me: “I’d rather not. I want this job.”
  • That moment when you walk into a spider web suddenly turns you into a karate master. 
  • My ability to remember song lyrics from the ‘80s far exceeds my ability to remember why I walked into this room.
  • Your Mom thought you were riding your bike around the block for 8 hours.  But in that time, you went 5 miles away, explored an abandoned house, jumped over some garage roofs, attempted a Ouija board, built a den in the woods and made your own fire. 
  • Dear Santa:  I’ve been good all year.  Most of the time. Once in a while.  Never mind, I’ll buy my own stuff.
  • “I stopped believing in Santa Claus when I was six.  Mother took me to see him in a department store, and he asked for my autograph.”  Shirley Temple
  • “I haven’t taken my Christmas lights down.  They look so nice on the pumpkin.”  Winston Spear
  • Very sorry, can’t come.  Lie follows by post.  Lord Beresford
  • When I asked my personal trainer at the gym which machine I should use to impress beautiful women, he pointed outside and said, “The ATM machine.”  Trevor Noah
  • “Whatever you do, always give 100%.  Unless you’re donating blood.”  Bill Murray
  • I’m worried about the calendar.  Its days are numbered.
  • “Find out who you are and do it on purpose.” Dolly Parton
  • “It’s not the load that breaks you down, it’s the way you carry it.”  Lena Horne
  • My parents spanked me as a child.  As a result, I now suffer from a psychological condition known as “Respect for Others”.
  • It’s 6 months since I joined the gym and no progress.  I’m going there in person tomorrow to find out what’s really going on. 
  • “He that falls in love with himself will have no rivals.”  Benjamin Franklin
  • “The only thing that ever sat its way to success was a hen.”  Sarah Brown, actress

So easy to wanna be a hen at times, but sitting on my bum would get very boring and definitely non-producing.  So ‘belly up to the bar’ and stir things up!  Have a productive week and see you next time! 

Best wishes, 

Trinkie