Greetings Fellow Life Travelers:
Amazing nature – from storm of the season to warm temps and rain the day after snow stopped. Snowfest began its 10-day run with a parade in Tahoe City on the 26th, no snow on the streets and not much, if any, on the horizon. Lots of festivities to engage in – https://www.tahoesnowfest.org/. Milestone for Diamond Peak in Incline Village – 60 years! The ski resorts, slammed with the storm last week, are open with Homewood reopening this Saturday the 28th. Now to see what took place in real estate these last two weeks.
Residential Real Estate – weeks 2/14 – 2/27
| Location | New Listings | Escrows | Solds |
| N/W Shores/Truckee MLS | 31 | 32 | 26 |
| Incline/Crystal Bay MLS | 10 | 10 | 6 |
| East Shore MLS | 6 | 2 | 8 |
| Reno/Sparks MLS | 141 | 244 | 206 |
Despite the big storm, there was good activity in last couple of weeks. I brought on a beautiful residence in Fleur du Lac at $6.45M, and the last two parcels of the Andrews estate in Brockway, listed at $19.65M, went to escrow. Chase had a nice $8M sale in Incline and their $27M lakefront in Crystal Bay went to escrow. In addition, there was an off market $46M lakefront sale in Incline Village that closed on February 13. On the East Shore, Chase had three sales, two of which representing both buyer and seller.
Local/Real Estate/Luxe
- Fun Fact: According to the U.S. Geological Survey, recent precipitation has added 16 billion gallons of water to Lake Tahoe since February 15. That is equivalent to about 90 thousand Olympic sized swimming pools! Tahoe Fund
- Mortgage rates on 30-year fixed, now just under 6%, match lowest level since 2022.
- Big Bear Eagles: Jackie has hatched two new eggs, so she and Shadow will be taking turns keeping them warm and hopefully full term to hatching.
Notable Quotes
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- I did some good pictures that did very well for me, like Blue Hawaii….and some pretty forgettable ones too. Elvis Presley
- True happiness is to enjoy the present without anxious dependence on the future. Seneca
- No worrying will make any difference to anything that is going to happen. Alan Watts
- Keep your face to the sunshine and you cannot see the shadows. Helen Keller
- One of the best positions to be in: young, talented and the underdog. James Clear
- It’s never too late to start. It’s always too late to wait. Jeff Olson
- Ninety-nine percent of failures come from people who make excuses. George Washington
- What counts is not necessarily the size of the dog in a fight; it’s the size of the fight in the dog. Dwight D. Eisenhower
- The truth will set you free, but first it will make you miserable. James A. Garfield
- Motivation is the art of getting people to do what you want them to do because they want to do it. Dwight D. Eisenhower
- The nine most terrifying words in the English language are: I’m from the government and I’m here to help.
Ronald Reagan
TidBits
- Coffee first. Because a good day never started with a spinach smoothie.
- What did scientists conclude when they found bones on the Moon? The cow didn’t make it.
- When I say I feel like Barbie, I’m talking about the clicking sound my hip makes when I stand up.
- You don’t know pain until your kid draws a picture of you and you’re round.
- I could get dressed and socialize, but my couch has never played games or switched personalities.
- There’s no need to repeat yourself. I ignored you just fine the first time.
- Vince, the Sign Guy: 1) I wanted to get my pants hemmed quickly so I called Taylor Swift. 2) James Bond sports gray hair in his latest film, ‘No time to Dye”. 3) When you dream in color it’s a pigment of your imagination. 4) I wear memory foam insoles to remember why I walked into the next room. 5) Being in debt attracts a lot of interest from bankers. 6) Taking steps to overcome my hiking addiction. I’m not out of the woods yet. 7) The doctor said I have high nitrates, so I’m switching to day rates. 8) My wife and I can’t count calories, and we have the figures to prove it. 9) Larva was a great band before the Beatles emerged.
- I still have the hourglass figure I had in my youth – it just holds more sand now.
- My wild oats have turned into shredded wheat.
- I’ve entered the snapdragon part of my life. Part of me has snapped and other part is draggin.
Last word on my Nano Knee: drove on Day 9 (would have been Day 7 but for the snowstorm) and continue to be thrilled with the result and mobility. Looks like we’re back to a mostly dry spell going into March….weird winter so far! Have a great week and see you next time.
Best wishes,