Eastern Plumas & Sierra Counties Newsletter - March 2018

NEWS YOU CAN USE

MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

TABLE OF CONTENTS

PAGE

Looking Back; January 2017

2

Residential 12 month Comparatives

3-6

Guild Mortgage Corner

7

March Events – Daylight Savings Time and Taxes

8-12

Tips – Driving in Snow/Ice

13

Ski Resorts Current Conditions

14

Nakoma News

15-16

Events Calendars

17-19

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

…and that was the year that was!... January 2017

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

The following pages are Residential Sales Statistics for the areas of: Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities of Whitehawk, Grizzly Ranch and Gold Mountain

The sales statistics presented are for sales by price range and the % of sales represented in each price range. Additionally, in the right hand table columns, please see the number of currently active listings within the price ranges and the months of inventory they represent. The sales reported are for Single Family Residential and Condo/Townhouse sales in each of the areas.

(Time share and/or shared ownership are not included in the statics presented .)

The data source is the Plumas Multiple Listing Service for the period February 1, 2017 through January 31, 2018; with the data pulled on February 10, 2018.

Visit our Portola office to receive the most current and accurate market statistics for Eastern Plumas and Sierra Counties areas. Our agents, all RealtorsÂŽ, are always available to help you whether you wish to buy, sell, or ponder. Let us be an integral part of providing valuable assistance when you are making important real estate decisions.

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities RESIDENTIAL SOLD GRAEAGLE February 1, 2017 - January 31, 2018 SOLD PRICE RANGE Under $100,000 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 +

Residences Sold

Percent of Sales

Current Active Listings

Months of Inventory

5 11

6% 14%

0 1

0.0 1.1

23 15 11 12

30% 19% 14% 16%

13 7 5

6.8 5.6 5.5 3.0

0 77

0%

3 6

0.0

35

Graeagle Sales Feb. 2017 thru Jan. 2018 Price, #Solds, % of Sales 0%

$1,000,000 + $600,000 - $999,999

16%

$400,000 - $599,999

14%

$300,000 - $399,999

19%

$200,000 - $299,999

30%

$100,000 - $199,999

14% 6%

Under $100,000 0

5

Graeagle had 77 sales Average Price of $352,733 and Median Price of $290,000 and 211 average days on market The greatest activity is in the $200,000 to $299,999 price range.

10

Percent of Sales

15

20

25

Residences Sold

RESIDENTIAL SOLD PORTOLA February 1, 2017 - January 31, 2018 SOLD PRICE RANGE Under $100,000 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 +

Residences Sold

Percent of Sales

Current Active Listings

9 27 10

18% 53% 20%

3 4 2

4.0 1.8 2.4

4 1 0

8% 2% 0% 0%

3 0

9.0 0.0 0.0 0.0

0 51

Portola Sales Feb. 2017 thru Jan. 2018 Price, #Solds, % of Sales

Months of Inventory

0 0 12

Portola had 51sales Average Price of $169,315 and Median Price of $155,000 and 162 average days on market The greatest activity is in the $100,000 to $199,999 price range.

$1,000,000 +

0%

$600,000 - $999,999

0%

$400,000 - $599,999

2%

$300,000 - $399,999

8%

$200,000 - $299,999

20%

$100,000 - $199,999

53%

Under $100,000

18% 0

5 Percent of Sales

10

15 Residences

20

25

30

Sold

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

RESIDENTIAL SOLD LOYALTON February 1, 2017 - January 31, 2018 SOLD PRICE RANGE Under $100,000 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 +

Residences Sold

Percent of Sales

Current Active Listings

3

17%

0

0.0

5 5 4 1

28% 28% 22% 6%

3 0 1 0

7.2 0.0 3.0 0.0

0

0% 0%

0 1

0.0 0.0

0 18

Loyalton Sales Feb. 2017 thru Jan. 2018 Price, #Solds, % of Sales

Months of Inventory

5

$1,000,000 +

0%

$600,000 - $999,999

0%

$400,000 - $599,999

6%

$300,000 - $399,999

22%

$200,000 - $299,999

28%

$100,000 - $199,999

28%

Under $100,000

17% 0

Loyalton had 18 sales Average Price of $224,527 and Median Price of $236,500 and 117 average days on market The greatest activity is evenly distributed in the $100,000 to $299,999 price range

Under $100,000 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 +

Residences Sold

Percent of Sales

Current Active Listings

Months of Inventory

$1,000,000 +

0%

0% 57% 29%

0 0 0

0.0 0.0 0.0

$600,000 - $999,999

0%

$400,000 - $599,999

0%

1 0 0

14% 0% 0% 0%

1 0

$300,000 - $399,999

14%

$200,000 - $299,999

29%

0 1

12.0 0.0 0.0 0.0

2

12.0

Under $100,000

4

Residences

5

6

Sold

57%

$100,000 - $199,999

0% 0

Chilcoot had 7 sales Average Price of $218,428 and Median Price of $197,000 and 88 average days on market The greatest activity is in the $100,000 to $199,999 price range.

3

Chilcoot Sales Feb. 2017 thru Jan. 2018 Price, #Solds, % of Sales

0 4 2

0 7

2

Percent of Sales

RESIDENTIAL SOLD CHILCOOT February 1, 2017 - January 31, 2018 SOLD PRICE RANGE

1

0.5

1

1.5

Percent of Sales

2

2.5

3

3.5

4

4.5

Residences Sold

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities RESIDENTIAL SOLD GOLF COURSE COMMUNITIES - Whitehawk, Grizzly, Gold Mtn. February 1, 2017 - January 31, 2018 SOLD PRICE RANGE

Residences Sold

Under $100,000 $100,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 +

Percent of Sales

Current Active Listings

Months of Inventory

0 0

0% 0%

1 0

0.0 0.0

2 3

11% 17%

1 5

6.0 20.0

7 4

39% 22%

5

8.6 30.0

2 18

11%

10 6

0.0 64.6

28

Golf Course Communities Sales Feb. 2017 thru Jan. 2018 Price, #Solds, % of Sales $1,000,000 +

11%

$600,000 - $999,999

22%

$400,000 - $599,999

39%

$300,000 - $399,999

17%

$200,000 - $299,999

11%

$100,000 - $199,999

0%

Under $100,000

0% 0

1

2

3

Percent of Sales

4

5

6

7

8

Residences Sold

The Golf Course Communities of Whitehawk, Grizzly and Gold Mountain had 18 sales Average Price of $533,068 and Median Price of $455,000 and 279 average days on market The greatest activity is in the $400,000 to $599,999 price range.

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

If you have any questions regarding loan limits, refinancing or purchasing a home, please feel free to reach out to The Rice Team.

11050 Pioneer Trail Suite 201 Truckee, CA 96161 Phone: (530) 582-9991 Fax: (530) 582-9995.

Web:wwwTheRiceTeam.com

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities The March equinox signals the beginning of spring in the Northern Hemisphere and autumn in the Southern Hemisphere.

It marks that special moment when the sun crosses the celestial equator going from south to north. In 2018, this equinox arrives on March 20th.

Daylight savings time begins

March 11th Remember to set your clocks ahead one hour

Our sunrise is earlier now, and nightfall comes later. Plants are sprouting. Winds are softening. For us in the Northern Hemisphere, people are enjoying the warmer days of spring.

Meanwhile, south of the equator, autumn begins.

Excepts from An Overview of the 2017 Tax Legislation: Impact to Individuals Prepared by PricewaterhouseCoopers Dickson Realty Disclaimer: The tax law information contained in this document is general in nature and provided as reference material only. This information is not specific legal advice about the application of the law to a particular fact scenario, nor does it replace (or purport to replace) any requirement to obtain specific legal advice. If you require specific legal advice about your own, your consumers’ or your organization’s position in relation to anything covered in this document, that advice should always be obtained from a qualified legal practitioner.

On Wednesday, December 20, 2017, Congress passed a comprehensive tax reform bill (otherwise known as "H.R.1"). President Trump signed the new tax act bill on December 22, 2017. Except where noted, the provisions of H.R.1outlined in this summary are generally effective January 1, 2018 through December 31, 2025. After that date, with some noted exceptions, the rules revert back to existing law.

The Act will have a significant impact on the taxation of corporations and individuals, and we encourage you to work with a tax professional to understand how these changes specifically impact your financial picture.

The purpose of this document is to provide a high level overview of the impact of selected provisions of H.R.1 on US individuals, and to present topics to discuss with your financial advisor and tax professional as part of year-end planning.

Dickson Portola Team

289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

lmpact of tax reform on individuals - W h a t exactly is changing?

Individual tax rates

Pre-Reform 2 0 1 8 TaxRules

Post-Refo rm 2 0 1 8 Tax Rules

•

Maximum tax rate is 39.6%

•

•

Rates associated with specific income brackets are designated below:

•

Taxable income Rate Single 10% 15%

25% 28% 33% 35% 39.6%

Alternative minimum tax(AMT)

Individual standard deduction/personal exemptions

$0-$9,525 $9,526 $38,700 $38,701$93,700 $93,701$195,450 $195,451 $424,950 $424,951$426,700 Over $426,700

Married $0-$19,050 $19,051 $77,400 $77,401 $156,150 $156,151$237,950 $237,951$424,950 $424,951$480,050 Over $480,050

•

Exemption amounts of $86,200 (married) and $55,400 (single)

•

Maximum tax rate reduced to 37%

Rates associated with specific income brackets are designated below: Taxable inc o m e Rate Single Married 10% $0-$19,050 $0-$9,525 12% $9,526 $19,051 $38,700 $77,400 22% $38,701$77,401$82,500 $165,000 24% $8 2,501 $165,001 $315,000 $157,500 32% $157,501 $315,001 $200,000 $400,000 $200,001 $400,00135% $500,000 $600,000 Over Over 37% $500,000 $600,000

•

Exemption amounts increased to $109,400 (married) and $70,300 (single)

Phase-out of exemption amount begins at $164,100 (married) and $123,100 (single)

•

Phase -out of exemption amount begins at $1,000,000 (married) and $500,000 (single)

•

Standard deduction is $13,000 (married) and $6,500 (single)

•

Standard deduction nearly doubled to $24,000 (married) and $12,000 (single)

•

Personal exemption of $4,150 phased out for higher incomes

•

Personal exemptions repealed at all income levels

Tax reform update

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

Itemized deductions

Pre-Reform 2018 Tax Rules

Post-Reform 2 0 1 8 Ta x Rules

•

•

Individual deduction for state and local truces (SALT) for income, sales and property is limited in the aggregate to $10,000 (married and singlefilers) and $ 5 , 0 0 0 (married filing separately)

•

"PEASE limitation" (including for charitable contributions) is repealed

•

Most miscellaneous itemized deductions that were subject to the 2% of AGI floor will no longer be allowed (e.g. true preparation and investment expenses)

Deductions allowed but subject to the "PEASE limit ation," which reduces availability of itemized deductions at income levels starting at $320,000 (married) and $266,700 (single)

Capital gain /qualified dividend rate

•

Maximum taxrate on long-term capital gains and qualified dividend income (before 3.8% net investment income tax) is 20%

•

Unchanged

Medical expense deduction Cost of securities

•

Floor of 10% of AGI before deduction can be taken Investors have the ability to "specifically identify" which tax lot of a security issold

•

Floor reduced to 7.5% of AGI for trueyears 2017 and 2018 Unchanged

Mortgage interest

•

Individuals are generally allowedan itemized deduction for interest on 1.

Principal residence and second residence mortgages up to $1,000,000 (married) or $500, 000 (single) (limit applieson a combined basis)

•

Individuals are generally allowed an itemized deduction for interest on principal residence and second residence mortgages up to a combined $750,000

•

Pre 12/ 16/ 17 mortgages are grandfathered and new purchase money mortgages may be grandfathered if the purchase contract is dated before 12/ 16/ 17 and other conditions are met

•

Refinancing of grandfathered mortgages are grandfathered, but not beyond the original mortgage's term / amount (some exceptions apply for "balloon payment" mortgages)

•

Interest on a HELOC is no longer deductible

•

2.

•

Home Equity Lineof Credit (HELOC) up to $100,000

Tax reform update

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

Capital gain exclusion for primary residence

Like-kind exchanges

Pre-Reform 2 0 1 8 TaxRules

Post-Refo rm

•

Allows individuals to exclude gain of up to $500 ,000 (for joint filers) from the sale of a primary residence

•

Unchanged

•

Taxpayer must own and use the house as primary residence for 2 out of the previous 5 years and exemption can be used only once every 2 years

•

Allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the gain on the sale of the first asset

•

Limits applicability to like-kind exchanges of real property that is not held primarily for sale

2018

Ta x R ule s

**This does not expire in 2025

•

Applies to like-kind exchanges of real property as well as certain categories of personal property

Section 529 plans

•

Distributions may be used for expenses relating to higher (post-secondary) education

•

Pass-through deduction

•

Income received from partnerships, S corporations, or sole proprietorships is passed-through to the owner's individual tax returns, where it is taxed as ordinary income

•

Charitable deduction changes

•

Cash gift to public charities is deductible as long as it doesn't exceed 50% of the taxpayers Adjustable Gross Income (AGI)

•

Cash gift to public charities is deductible as long as it doesn't exceed 60% of the taxpayers Adjustable Gross Income (AGI)

•

8o% of value spent on university athletics seating rights can be deducted

•

8o% deduction for university athletic seating rights is repealed

•

Estate, gift and GST tax exemptions are each $5.6 million per US domiciliary

•

Doubles the estate, gift and GST tax exemptions to $11.2 million per US domiciliary

•

Like most individual provisions, the exemptions sunset after 2025 and revert back to the law in effect for 2017 with inflation adjustments; possibility for "clawback" at death if law is not changed

Gift/estate/generationskipping transfer (GST) tax exemption

In addition to higher (post secondary) education, distributions from 529 plans of up to $10,000/year per student can be usedfor tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school **This doesnot expire in 2025 There is a new 20% deduction for qualified business income from a partnership, S corporation, or sole proprietorship

Tax reformupdate

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

Pre-Reform 2018 Ta x Rules

Post-Reform 2 0 1 8 Ta x Rules

•

$1000/qualified child

•

•

Phase-out of credit begins at $75,000 (single) and $110,000 (married)

•

Individual mandate Health Insurance

•

Requires most Americans to purchase health insurance coverage; taxpayers must submit proof of healthcare coverage with their tax return or pay a penalty

Future Inflation Adjustments

•

In general, tax brackets and many other tax code limits are inflation adjusted using Consumer Price Index Urban (or CPI-U)

Child Tax Credit

Increases to $2,000/qualified child, with $1,400 being refundable

Phase-out of credit beginsat $200,000 (single) and $400,000 (married) • Individual mandate is repealed **This does not expire in 2025

•

Many but not all of the indexed limits would now be indexed using Chained-CPI-U, which generally leads to slightly slower cost of living adjustments each year **This does not expire in 2025

Excepts from An Overview of the 2017 Tax Legislation: Impact to Individuals Prepared by PricewaterhouseCoopers Dickson Realty Disclaimer: The new tax law information contained in this document is general in nature and provided as reference material only. This information is not specific legal advice about the application of the law to a particular fact scenario, nor does it replace (or purport to replace) any requirement to obtain specific legal advice. If you require specific legal advice about your own, your consumers’ or your organization’s position in relation to anything covered in this document, that advice should always be obtained from a qualified legal practitioner.

Suggested web site for detailed information on H.R.1 www.irs.gov

Tax reform update

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER

EASTERN PLUMAS & SIERRA COUNTIES TIPS ON HOW TO DRIVE IN THE SNOW

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

TIPS ON HOW TO DRIVE IN THE SNOW It’s Practically a Whiteout

My Car Is Stuck in the Snow

Before you venture out, refill windshield washer fluid, clear snow from the roof, windows, windshield wipers, and front and back lights, and turn on low-beam headlights (high beams reflect off the snow and into your eyes). Once you’re on the road, don’t tailgate. “It can take up to nine times as long to stop in ice and snow, compared with ideal weather,” says Robert Sinclair, media relations manager at AAA. Your rule of thumb: When the car ahead of you passes a road sign, start counting; if you reach that sign before you get to 8, you’re too close.

Gently reverse the car a bit, then slowly move forward a little. Continue this rocking motion, occasionally wiggling the steering wheel to help the

To avoid scary skids and spinouts in the future, never stomp on the gas or brake pedal, and slow down dramatically well before making a turn or heading down a hill. “To prevent fishtailing when you know you’re about to go downhill, instead of braking, select a lower gear and let the engine manage the speed for you,” says Spitzner.

I’m Worried About Black Ice

OMG, I Need to Pull Over!

Whether you’re facing engine trouble or treacherous weather, pull over onto the right shoulder, as far off the road as possible while remaining on level ground, and turn your hazards on. So you don’t freeze or waste fuel, run the heat for 10 minutes every hour—first check that the exhaust pipe is clear of drifting snow to prevent carbon monoxide poisoning. Stock the trunk with a collapsible shovel, an ice scraper, water, granola bars, and a windup flashlight for situations like this, says Kurt Spitzner, a driving instructor at Bridgestone Winter Driving School in Steamboat Springs, Colorado

Today, new advice applies to all: Look where you want the car to go and steer in that direction.

tread gain grip, until you make progress. Still nothing?

For added traction, shovel out the tires, then sprinkle sand or non-clumping kitty litter in front of and behind the tires (or use the floor mats as a last resort). That should do it. Sinclair recommends investing in winter tires and swapping them in once cold weather begins, to prevent this situation.

The Car Is Skidding!

The old rule to “turn into a skid” is from the days when most vehicles were rearwheel drive.

That notoriously slippery stuff usually forms when the temperature fluctuates above, then below, 32 degrees Fahrenheit, allowing snow to melt and refreeze to a clear glaze on the road. Be extra careful on bridges, at the bottom of hills, and in shady areas, where ice tends to accumulate. “If you encounter a patch, ease off the gas pedal to reduce your speed, and maintain smooth, steady steering,” says Spitzner. Fair warning: Driving an SUV doesn’t give you license to be a hot shot.

“All- or four-wheel drive isn’t a magic technology that allows you to have traction no matter what,” says Sinclair.

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities The resorts listed are currently scheduled to close between April 15th – June 3rd; weather depending. Current conditions, as of February 15th , are shown below. Data courtesy of www.snowpack.com a site where you get the latest information. Spring skiing in Northern California is wonderful and we hope you have the opportunity to enjoy the slopes in your favorite way

Resort

Bear Valley

Acres

Skiable Terrain

Runs

Runs

1680

42%

40%

35%

380

30%

55%

15%

Heavenly Valley

4800

20%

45%

35%

Homewood

1260

15%

50%

35%

Kirkwood

2300

12%

30%

58%

Mt. Rose

1200

20%

30%

58%

Northstar California

3120

16%

47%

37%

200

23%

31%

46%

Sugar Bowl

1650

17%

45%

38%

Squaw/Alpine

6000

25%

42%

50%

Tahoe Donner

120

40%

60%

N/A

Boreal

Soda Springs

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

SOMEWHERE BETWEEN hide & seek There’s everyday life — dense, ever-active, relentless. Then there is the Lost Sierra, a vast landscape of mountains, lakes and characterful towns just a few hours drive away. But the stress of the city has its tentacles in Tahoe and won’t let go.

THIS SEASON SNOW PLAY GETAWAY The snow-capped Lost Sierra is your destination for family winter fun away from the crowds. Be our guest throughout the winter in the Lodge at Nakoma and you’ll avoid Tahoe’s gridlock, whip down our tubing hill and experience Altitude, Nakoma’s new recreation center with heated pool, climbing wall, game room, bistro and more.

EVERY COMPASS POINT beckons In winter, our daily door-to-door shuttle will get you to Northstar for skating and skiing refreshed and relaxed. We’ll bring you home again to a crackling fireplace and an equally toasty beverage.

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

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MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

The Residence Club at Nakoma is an Equity Residence Club™ providing members shared ownership of charming, fully furnished Frank Lloyd Wright-inspired residences within the prestigious Nakoma resort community. Members lodge in meticulously appointed residences tucked among the trees along the 10th fairway of the highly acclaimed Dragon golf course.

The Club staff ensures worry-free ownership and hasslefree vacations.

Residence Club members and their spouses have full golf privileges at the prestigious Dragon golf course. While in residence, you pay no green fees or cart fees. A golf cart is stationed at your Club Residence during each Club vacation for use on the course and for intra-resort transportation. If you are not in residence, you and your spouse still have golf privileges and pay only the cart fee.

The concept was introduced more than 20 years ago and has been enthusiastically embraced by affluent buyers at premier resorts such as: Aspen, Vail, Telluride, and Steamboat Springs, Colorado; Deer Valley, Utah; Palm Springs, Napa Valley and Lake Tahoe, California; Tucker’s Town and Southampton, Bermuda; Los Cabos, Punta Mita and Huatulco, Mexico. There are also residence clubs in Manhattan and Florence, Italy. Each of these residence clubs is owned and operated much like The Residence Club at Nakoma. The creator of the residence club concept is part of the Nakoma team.

NAKOMA SALES TEAM sales@nakomaresort.com License #: 01417710 Office: 530-322-3320 Cell: 530-386-0828

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

NEWS YOU CAN USE

MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

MARCH 2018 SUN

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02 PLUMAS ARTS EVENT; RECEPTION AND NEW EXHIBITION

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08 THUNDER CAFÉ MUSIC AND WORDS

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11 DAYLIGHT SAVINGS TIME ENDS; SET CLOCKS AHEAD 1 HR.

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18 HISTORIC LONG BOARD SKI RACES – 3rd and final in series

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20 MARCH EQUINOX

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16 COWBOY POETRY AND MUSIC SHOW Grange Hall Vinton

COWBOY POETRY AND MUSIC SHOW Grange Hall Vinton

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Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

NEWS YOU CAN USE

MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

Cowboy Poetry Sierra Valley Grange is the home of the longest running and BEST Cowboy Poetry event in California.

It started in 1986 and is second only to Elko, NV. Over the years we have had the best poets and singers from the around the country perform in our beautiful hall built in 1934.

Gallery Hours: Wed-Fri 11am to 5pm 525 Main Street PO Box 600 Quincy CA 95971

(530) 283-3402 information@plumasarts.org

Upcoming events

2 Artist's Opening Reception

MARCH 16TH AND 17TH FRIDAY 7:30 PM SATURDAY 2:00 PM AND 7:30 PM

MAR Friday, March 2, 2018 5:00pm-7:00pm Plumas Arts Gallery welcomes a new exhibition. Meet the artist and enjoy light refreshments.

(530) 283-3402

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Artist's Opening Reception

MAR Friday, March 2, 2018 5:00pm-7:00pm Reception for featured artist, meet the artist and enjoy drinks and nibbles at Quincy's artist co-op gallery.

(530) 283-1909 or http://www.mainstreetartists.net/home.htm

Sierra Valley Grange Hall Vinton, Ca (831) 345-9840

8 Words & Music

Thursday, March 8, 2018 7:00pm-9:00pm MAR Patti's Thunder Café, 557 Lawrence Street, Quincy, CA, United States A monthly series of acoustic music and the spoken word. Sign up for Open Mic at the door. $3.

Sponsored by Plumas Arts. 283-3402

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320

NEWS YOU CAN USE

MARCH 2018 MARKET NEWSLETTER EASTERN PLUMAS & SIERRA COUNTIES

Graeagle, Portola, Loyalton, Chilcoot and Golf Course Communities

What: When: Where:

Historic Longboard Revival Race March 18, 2018; All day event Plumas Eureka State Park (Plumas Eureka Ski Bowl)

Cost: Contact:

Details:

310 Johnsville Road Blairsden, CA 96103 Free or pay nominal fee to race.

Plumas County Museum (530) 283-6320 OR www. plumasskiclub.org For full details and directions The public is invited to spectate and participate in this family style entertainment. Sponsored by Plumas Ski Club. This is the 3rd and final WORLD CHAMPIONSHIP race in the series. This traditional event has been on-going for over 50 years.

Things to See and Do Plumas-Eureka State Park Perhaps the best kept secret within the California State Park System, Plumas-Eureka State Park is steeped in history and is rich with recreation and natural resources.

Just five miles from Graeagle on Johnsville Road (County Road A-14), the 4,500-acre park is located at the foot of Eureka Peak, (originally called Gold Mountain) which produced some $25 million in gold from hard-rock mining during the late 1800s.

The park features unmatched landscapes, a myriad of hiking trails and a pristine 67-site campground set along Jamison Creek underneath towering pines. Be sure to visit the park's indoor-outdoor museum of early gold mining equipment and relics, a complete blacksmith shop, a partially restored stamp mill, and a restored miner's home. You can also peer inside the entrance to the Eureka Shaft and see the old timbers.

Park docents in period attire re-create a miner's lifestyle during Gold Discovery Days held each year in July. Blacksmith demonstrations, mining lore and home tours help take visitors back to the 1890's. A pancake breakfast is also part of the fun.

The park surrounds the historic former mining community of Johnsville. At an elevation of 4,720 to 7,447 feet, it has an abundance of plant and animal life. Interpretive events such as campfire programs, nature walks and history tours are offered during the summer season. Supervised gold-panning is offered in Jamison Creek.

In the wintertime, the park is transformed into a winter paradise. Visitors can drive the well-cleared roads to enjoy the various cross-country ski loops, including the 2.5 mile groomed Jamison Canyon Ski Trail that starts or ends at the museum. Or, follow the road until it ends at Eureka Bowl to access more backcountry skiing. The historic Eureka Ski Bowl is near the site of the fist recorded downhill ski races in North America. It no longer operates as a ski area, but stages the Historic Longboard Ski Revival Series races organized by the Plumas Ski Club in January, February and March.

Ranger-led snowshoe nature hikes are also offered during the winter or the weekends. The museum has limited hours during winter.

Park admission is free, and it's open year-round. During the winter the museum has limited hours when staff is available. Museum admission is free, but donations are accepted and appreciated. Park campground fees are $35 per site and are available by reservation at (800) 444-7275 or online.

Reservations are recommended from Memorial Day weekend through Labor Day weekend. For more information, call the park at (530) 836-2380.

Dickson Portola Team 289 Commercial Street | Portola, CA 96122 | 530.832.1700 Dickson Nakoma Team 348 Bear Run | Clio, CA 96106 | 530.322.3320