Dickson Realty’s August 2015 Newsletter A historical look at median prices for single family homes sold in our area, January through June, for the past 5 years. Source: Tahoe Sierra MLS
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter
Your agent can guide you through these questions – and more – to make sure no stone is left unturned when completing your Buyer investigations.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter
Silent Generation - birth years: mid-1920’s to mid-1940’s Baby Boomers – birth years: approx. 1946 – 1964 Gen X – birth years: early 1960’s to early 1980’s Gen Y – birth years: early 1980’s to early 2000’s
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter
The Main Reason You Should Not Wait to Buy The monthly mortgage payment on a median priced home in the US has fluctuated quite a bit in the last 25 years; due in a large part to interest rates. Now is a great time to buy before rates (and prices) go up again!
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter
Source: Keeping Current Matters Crew
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter Market Update Purchase mortgage application at the second highest level in two years. A key component is the remaining low interest rates. Mortgage rates have been trending up since early January, cooling refinances as our summer begins. The problems in Greece and China have renewed interest in U.S. Treasuries. Those problems could keep long term interest rates low for a while, helping home sales throughout the crucial summer/fall season. According to Fannie Mae the trend of upward rates will continue. However gradually, a rise from around 4% on 30 year fixes to about 4.5% by end of 2015. Improving prices and consumer confidence are giving many sellers a reason to look favorably on the climate for selling. Pending home sales are at a nine-year high and inventories remain low. Please call us if you have any questions on purchases or refinances throughout California or Nevada. The Rice Team @ Guild Mortgage Team@TheRiceTeam.com 530-582-9991
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter August EVENTS 1 – Truckee River Railroad (weekly) Truckee Regional Park, 10050 Brockway Rd 10am – 3pm, Free Information: www.truckeedonnerrailroadsociety.com 1 & 2 - Truckee Carnival Truckee River Regional Park,10500 Brockway Rd 7 -11pm. Free admission – cost for rides only Annual Carnival benefits Tahoe's Connection For Families 2 - Pancake Breakfast Sierra Senior Center, 10040 Estates Drive, Truckee 8 to 11am, $7adults/$3 kids A fundraiser for Sierra Senior Services Information: www.sierraseniors.org 2 – Concert at Commons Beach (weekly) Commons Beach, Tahoe City 4-7pm. Free
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter 3 – Bingo Night Northwoods Clubhouse, Tahoe Donner 6:30 – 8pm. Free Bingo lovers will play on the lawn outside of Northwoods Clubhouse for a chance to win prizes. Food is available for purchase at adjacent Pizza on the Hill. Information: www.tahoedonner.com 4 – Farmers Market (weekly) Truckee River Regional Park, 10500 Brockway Rd 8am – 1pm 4 – Retro Skate Night (weekly) Village at Northstar 5 – 8pm. $10 for rentals, Free with your own skates Information: www.northstarcalifornia.com 4 – Tuesdays Bluesdays (weekly) Village at Squaw Valley 6-8:30pm, Free This popular music series features acclaimed blues musicians, great grab and go food from Village restaurants, and a Blues Bar with beer, wine & spirits available. Information: www.squawalpine.com/events-things-do/bluesdays-squaw
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter
5 – Music in the Park (weekly) Truckee River Regional Park, 6:30 – 8:30 pm Weekly Music Series sponsored by Truckee Donner Rec and Parks District. Bring lawn chairs, food and drink and enjoy summer evenings and live music in the Sierra. Information: www.tdrpd.org 6 – Truckee Thursdays (weekly) Historic Downtown Truckee, 5:30 – 8:30pm Summer Thursdays mean a special experience for people of all ages - residents, tourists and participants alike. The event features a Certified Farmers’ Market, food vendors, merchant and community displays, as well as great entertainment, children’s activities and a beer garden. Information: www.truckeethursdays.com 6 – Free Outdoor Summer Movie Series (weekly) Events Plaza, Village at Squaw Valley 8:30pm, Free. Weather permitting. Families and friends can snuggle up under the stars while enjoying new releases and family classics on the big screen at Squaw Valley! Blankets and warm clothes are recommended. Information: www.squawalpine.com The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter 7 - First Fridays Historic Downtown Truckee, 5:30 - 8 pm Most of downtown’s unique shops, boutiques, art studios, and eateries will keep their doors open later and offer special promotions, activities, demonstrations, food and beverages, music, and more! Participating shops and restaurants will display First Friday Flags so the public will know where the fun is. Information: www.historictruckee.com 7 – Bikes and Brews (weekly) Northstar California 5 8 pm Join fellow riders at the bike wash to share tales of the trail. Food and beverages are available. Information: www.northstarcalifornia.com 7 – Friday Fun Nights in the Village (weekly) Village at Northstar 5 - 8pm. Free – with some activities available for purchase Featuring activities that let you maximize those long Tahoe summer evenings. There’s Margaritas and Mini-Golf, complimentary face painting and balloon twisting, roller skating and more. Information: www.northstarcalifornia.com 7 – Kids Night Out Northwoods Clubhouse, Tahoe Donner 5-9pm, $20 in advance Information and RSVP: 530-587-9437
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter 7 – Music on the Beach (weekly) Kings Beach Recreation Area, Kings Beach, CA 6-9pm, Free Featuring local and regional acts that are “family friendly”. Attendees can purchase Sierra Nevada Brewing Co. beer, wine, water & soda. Food is available for purchase at the venue. 8 – Friends of the Truckee Library Book Sale Truckee Library, 10031 Levon Avenue, Truckee 8 – 4:30pm 8 & 9 – Brews, Jazz and Funkfest Village at Squaw Valley 2 – 8pm. $5 entry/beer tickets $5 each Festival goers can sip on a variety of beers from over 35 breweries while enjoying the finest in live music. A benefit for the Humane Society of Truckee – Tahoe. Information: 800-403-0206 14 – Cowboys and Cocktails (weekly) Tahoe Donner Equestrian Center, Truckee 5 -7pm. $65 (must be 21+) Enjoy an early evening trail ride through meadows and forests, followed by cocktails on the deck of the Alder Creek Adventure Center. Information: www.tahoedonner.com The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter 15 – Free Hazardous Waste Drop-off Eastern Regional Landfill, 900 Cabin Creek Road (between Truckee and Squaw) Free Call 530-583-7800 for an appointment 16 – Mountain Kids Cook-Off Zephyr Lodge at Northstar 12 noon, $20 per adult, $10 per child 12 and under and will include a gondola ride, watching the competition and lunch. Teams of kids, ages 8-12, will be given a platter of ingredients and will have to create a dish to excite the judges. Information: www.northstarcalifornia.com 18 - 22 – Lake Tahoe Music Festival Various venues 5 – 8pm. $20 – children under 12 free “Serenades at Sunset – a magical evening of music featuring the music of Schubert. Bring your lawn chairs, favorite beverages and picnic basket for a delightful evening. Information: www.tahoemusic.org 22 – Peaks & Paws Village at Squaw Valley 11am – 7pm Dogs and their masters can enjoy live music, delicious food and wine and beer tasting amid Squaw’s stunning mountain setting. A benefit for the Humane Society of Truckee – Tahoe. Information: www.squawalpine.com
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2015 Newsletter 22 & 23 – Truckee Pro Rodeo McIver Arena, 10695 Brockway Road, Truckee 5-7pm Saturday, and 1-3pm Sunday Presale: Adults $12, Children $7, 5 and under free. Slightly higher at the gate. Information: www.truckeerodeo.org 28 – Family Bike Day Riverview Sports Park, 12200 Joerger Drive, Truckee 11am – 2pm, Free Pump track exhibitions, bike parade, slalom race and more! 28 & 29 – High Sierra Cruise Truckee River Regional Park Classic Car Show
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440