Dickson Truckee/Tahoe Newsletter - April 2019

Page 1

NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

Photo courtesy of Barb Wilkinson/Dickson Realty

No matter how long the winter, spring is sure to follow. ~Proverb~ Contents

Truckee Office & The Funny Side of Taxes

Pg.

2

Sales Statistic Reports

3-5

C..A.R. 2019 Economic & Market Forecast (excerpts)

6-9

Guild Mortgage Corner New Tax Guide

10 11-13

Women Ski Wear Then and Now

14

Ski Resort Mountain Information

15

April Calendar and Event Details

16-21

Photo Courtesy of Jess Gibbs

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

The Dickson Realty Truckee Team is always available to provide excellent and dedicated client service whether you are considering buying or selling a home. Our team of seasoned professionals, all Realtors®, possess the most current and comprehensive market information and, combined with their knowledge and experience, they are uniquely qualified to be expert guides in your real estate venture. Call, e-mail, visit our office, or access us on the web. We are here for you 24/7. Office Info: Phone: 530-587-7444 Fax:530-587-8064 Email: truckeeinfo@dicksonrealty.com Web: www.Dicksonrealty.com

¨ ¨ ¨ ¨ ¨

FUNNIEST TAX QUOTES ® "I put all my money into taxes. They're the only thing that's sure to go up!" ~Anon~ "The Government says we should be proud to be paying taxes. I think I could be just as proud for half the money.” ~Arthur Godfrey~ "Why does a slight tax increase cost you two hundred dollars, and a substantial tax cut save you thirty cents?” ~Peg Bracken~ “If Patrick Henry thought that taxation without representation was bad, he should see how bad it is with representation.” ~Farmer’s Almanac~ “I owe the government $3,400 in taxes; so, I sent them two hammers and a toilet seat.” ~Michael McShane~

¨ “The hardest thing in the world to understand is the income tax.” ~Albert Einstein~ In order to simplify tax collections, the IRS has a new, easier to use tax form with only two lines: 1. How much money did you make this year? $_________ 2. Please send it in.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

The following pages contain Residential Sales Statistics for the areas of Truckee (Inclusive), Tahoe Donner, Golf Course Communities of Gray’s Crossing, Lahontan, Old Greenwood, Schaffer’s Mill and Martis Camp

Donner Summit, Squaw Alpint North Lake Tahoe, CA and West Shore Lake Tahoe, CA The sales statistics presented are a 12 month overview and comparison of sale activities for the months of February 2018 through February 2019 covering Median Prices, Lowest & Highest Sales, Number of transactions and Average Days on Market. 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 statistics presented.) The data source is the Tahoe Sierra Multiple Listing Service with data pulled on March 10, 2019

Truckee Inclusive shows total market activity which includes sub-markets of Tahoe Donner, the Golf Course Communities and Donner Summit. Specific details of those sub-markets are shown separately on the next page.

TRUCKEE INCLUSIVE

MEDIAN SALES PRICE

LOWEST SALE

HIGHEST SALE

RESIDENTIAL SOLD

AVG. DAYS ON MARKET

FEB. 2018

$

623,500 $

90,000 $ 4,741,000

44

83

March

$

732,944 $

275,000 $ 7,800,000

68

64

April

$

792,500 $

367,500 $ 5,850,000

48

85

May

$

745,000 $

95,000 $ 7,700,000

58

55

June

$

662,500 $

130,000 $ 4,100,000

66

34

July

$

700,000 $

105,000 $ 4,650,000

79

51

August

$

722,000 $

95,000 $ 9,000,000

92

41

September

$

625,000 $

87,900 $11,750,000

76

43

October

$

765,000 $

130,000 $ 7,495,000

105

59

November

$

642,000 $

138,000 $ 7,000,000

80

65

December

$

655,000 $

269,000 $ 5,900,000

42

80

January

$

719,500 $

105,000 $ 4,620,000

42

67

FEB. 2019

$

665,000 $

185,000 $ 6,700,000

47

81

TRUCKEE INCLUSIVE 12 MONTH MEDIAN PRICE TREND TRUCKEE INCLUSIVE H O U S E S S O L D 1 2 MO N T H S FEB 2018-FEB 2019

105

47

42

76

92

79

66

42

44

$200,000

48

68

$400,000

58

$600,000

80

$800,000

$-

18 ch il e ay 20 a r Apr . r M Jun July us t M B r E g be F r er be u m ry A be e to mb t c 19 m ua e p O e v n e 20 c o a S . J e N B D FE

18 CH RIL AY NE ULY UST BER BER BER BER RY 019 M JU J G M O M M UA 2 20 AR AP . M . T B AU PTE OC VE ECE JAN EB O D FE F E N S

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

TAHOE DONNER

MEDIAN SALES PRICE

LOWEST SALE

RESIDENTIAL SOLD

HIGHEST SALE

AVG. DAYS ON MARKET

TAHOE DONNER-Truckee Sub-Market 12 MONTH MEDIAN PRICE TREND

FEB. 2018

$

675,000 $

90,000 $ 1,615,000

19

45

March

$

652,750 $

275,000 $ 1,300,000

28

56

April

$

780,000 $

367,500 $ 1,150,000

15

45

$800,000

May

$

708,000 $

95,000 $ 1,500,000

22

34

June

$

625,000 $

130,000 $ 1,446,000

31

12

$600,000

July

$

600,000 $

105,000 $ 1,700,000

37

39

August

$

694,500 $

95,000 $ 1,500,000

32

33

September

$

602,000 $

87,900 $ 1,600,000

38

26

October

$

670,000 $

130,000 $ 1,600,000

41

57

November

$

650,000 $

138,000 $ 1,310,000

34

52

December

$

627,500 $

269,000 $ 1,341,000

20

53

January

$

719,500 $

105,000 $ 1,320,000

18

49

FEB. 2019

$

634,000 $

393,000 $ 1,500,000

15

48

MEDIAN SALES PRICE

LOWEST SALE

GOLF COURSE COMMUNITIES

HIGHEST SALE

FEB. 2018

$ 2,425,000 $ 1,349,000 $ 4,650,000

March

$ 2,162,000 $

April May

$ 3,837,500 $ 1,230,000 $ 7,700,000

June

$ 1,715,000 $

July August

RESIDENTIAL SOLD

$400,000 $200,000 $-

18 ch il y 20 a r Apr Ma une uly s t . J J gu ber e r er B M r b FE 9 Au tem cto mb mbe uary 01 e p O ov ce Jan .2 Se e B N D FE

AVG. DAYS ON MARKET

GOLF COURSE COMMUNITIES

Truckee sub-market -Gray’s Crossing, Lahontan, Old Greenwood, Shaffer's Mill, Martis Camp

12 MONTH MEDIAN PRICE TREND

3

70

885,000 $ 7,800,000

15

126

$ 3,205,000 $ 1,225,000 $ 5,850,000

8

158

10

149

914,500 $ 4,100,000

6

135

$10,000,000

$ 2,300,000 $

870,000 $ 4,650,000

11

106

$5,000,000

$ 2,775,000 $

560,000 $ 9,000,000

15

82

September

$11,750,000 $11,750,000 $11,750,000

1

610

October

$ 3,200,000 $

540,000 $ 7,495,000

18

104

November

$ 2,262,500 $

830,000 $ 7,000,000

8

116

December

$ 2,500,000 $ 1,987,500 $ 5,900,000

5

161

January

$ 3,800,000 $ 1,035,000 $ 4,620,000

5

120

FEB. 2019

$ 3,747,267 $

10

140

DONNER SUMMIT

785,000 $ 6,700,000

HIGHEST SALE

RESIDENTIAL SOLD

$-

18 ch il y 20 a r Apr Ma une uly s t . J J gu ber e r er B M r b FE Au tem cto mb mbe uary 0 19 e p O ov 2 ce Jan Se B. N De FE

AVG. DAYS ON MARKET

MEDIAN SALES PRICE

LOWEST SALE

FEB. 2018

$ 297,500

$ 225,000

$

370,000

2

73

March

$ 387,000

$ 287,000

$

502,000

4

44

April

$ 773,000

$ 484,000

$ 1,167,000

7

53

May

$ 290,000

$ 189,000

$

875,000

5

41

June

$ 615,000

$ 385,000

$

890,000

3

42

July

$ 515,000

$ 385,000

$

900,000

7

18

August

$ 482,000

$ 175,000

$

942,000

15

27

September

$ 694,500

$ 275,000

$ 2,400,000

8

66

October

$ 492,500

$ 290,000

$

750,000

6

60

November

$ 830,000

$ 710,000

$ 2,900,000

7

275

December

$ 412,500

$ 260,000

$

615,000

6

62

January

$ 880,000

$ 175,000

$ 2,545,500

5

101

FEB. 2019

$ 450,000

$ 192,500

$

3

128

700,000

$15,000,000

DONNER SUMMIT-Truckee Sub-Market 12 MONTH MEDIAN PRICE TREND $1,000,000 $800,000 $600,000 $400,000 $200,000 $-

18 ch il y 20 a r Apr Ma une uly s t . J J gu ber e r er B M r b FE 9 Au tem cto mb mbe uary 01 e p O e v c an B. 2 o Se J e N D FE

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

ALPINE/ SQUAW

MEDIAN SALES PRICE

LOWEST SALE

HIGHEST SALE

RESIDENTIAL SOLD

FEB. 2018

$

435,000 $

292,800 $ 1,200,000

7

331

March

$

475,000 $

175,000 $

810,000

7

254

April

$

809,500 $

279,000 $ 2,150,000

9

272

May

$

538,500 $

319,000 $ 1,600,000

5

234

June

$

799,650 $

562,000 $ 1,532,500

4

288

July

$

750,000 $

420,000 $ 2,150,000

7

78

August

$

557,500 $

286,000 $ 2,150,000

8

176

September

$

496,000 $

375,000 $ 1,865,000

6

97

October

$

492,500 $

287,000 $ 1,900,000

9

559

November

$

629,500 $

168,000 $ 1,195,000

10

97

December

$

485,000 $

334,500 $ 1,287,500

5

100

January

$

430,000 $

136,000 $ 3,650,000

5

76

FEB. 2019

$

545,000 $

375,000 $ 1,535,000

12

109

RESIDENTIAL SOLD

AVG. DAYS ON MARKET

NORTH LAKE TAHOE, CA

MEDIAN SALES PRICE

LOWEST SALE

HIGHEST SALE

ALPINE/SQUAW 12 MONTH MEDIAN PRICE TREND

AVG. DAYS ON MARKET

$1,000,000 $800,000 $600,000 $400,000 $200,000 $-

8 l y 0 1 rch ri e . 2 Ma Ap Ma Jun July us t er r B g b r E er be F Au tem cto mb mbe uary 0 19 e p O ov ce Jan B. 2 Se N De FE

NORTH LAKE TAHOE, CA. 12 MONTH MEDIAN PRICE TREND

FEB. 2018

$

608,746 $

210,000

$ 2,950,000

16

114

March

$

529,000 $

299,000

$ 3,770,000

19

79

April

$

712,500 $

395,000

$ 3,255,000

14

42

$800,000

May

$

506,702 $

175,000

$ 3,725,000

20

69

$600,000

June

$

681,520 $

215,000

$ 22,865,543

30

133

$400,000

July

$

605,105 $

135,000

$ 4,600,000

26

36

August

$

605,000 $

115,000

$ 4,315,000

41

39

$200,000

September

$

650,000 $

260,000

$ 3,200,000

33

50

October

$

592,000 $

113,000

$ 2,000,000

25

66

November

$

706,500 $

163,000

$ 1,925,000

16

70

December

$

675,000 $

245,000 $ 4,750,000

20

67

January

$

555,000 $

125,000 $ 4,300,000

15

74

FEB. 2019

$

635,000 $

310,000 $

9

100

WEST SHORE LAKE TAHOE, CA

MEDIAN SALES PRICE

LOWEST SALE

950,000

HIGHEST SALE

RESIDENTIAL SOLD

$-

8 l y 0 1 rch ri e . 2 Ma Ap Ma Jun July us t er r B g b E r be ber F 9 be uary Au tem cto m m 01 e p O ov ce Jan .2 Se e B N D FE

AVG. DAYS ON MARKET

FEB. 2018

$

895,000 $

528,500 $ 2,935,000

9

63

March

$

707,000 $

565,000 $ 4,750,000

8

139

April

$ 1,075,000 $

435,000 $40,000,000

7

85

May

$

697,500 $

470,000 $

885,000

10

22

June

$

652,750 $

425,000 $ 3,000,000

14

14

July

$

750,000 $

425,000 $24,000,000

20

91

August

$

822,500 $

319,000 $10,000,000

28

67

September

$

652,000 $

222,500 $ 3,300,000

22

70

October

$

892,930 $

440,100 $ 5,950,000

14

53

November

$

677,500 $

510,000 $ 1,675,000

12

82

December

$

667,000 $

350,000 $22,000,000

11

123

January

$

595,000 $

225,000 $37,000,000

9

100

FEB. 2019

$

585,000 $

240,000 $ 1,200,000

6

147

WEST SHORE LAKE TAHOE, CA 12 MONTH MEDIAN PRICE TREND

$1,500,000 $1,000,000 $500,000 $-

18 ch il 20 a r Apr Ma y une uly s t . J gu ber e r er J B M r b FE Au tem cto mb mbe uary 19 e p O ov 20 ce Jan Se B. N De E F

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

2019 Economic & Market Forecast

REImagine October 11, 2018 Leslie Appleton-Young SVP & Chief Economist

U.S. Economy Our Biggest Strength 4.2%

3.8%

2.2%

GDP 2018-Q2

Consumption 2018-Q2

Core CPI August 2018

3.7%

1.7%

Unemployment September 2018

Job Growth September 2018

U.S. Economic Outlook

California Economic Outlook

2013

2014

2015

2016

2017

2018p

2019f

2013

2014

2015

2016

2017

2018p

2019f

US GDP

1.7%

2.4%

2.6%

1.6%

2.3%

3.0%

2.4%

Nonfarm Job Growth

3.0%

2.2%

2.7%

2.3%

1.6%

2.0%

1.4%

Nonfarm Job Growth

1.7%

1.9%

2.1%

1.8%

1.4%

1.6%

1.3%

Unemployment

8.9%

7.5%

6.2%

5.5%

4.8%

4.3%

4.3%

Unemployment

7.4%

6.2%

5.3%

4.9%

4.4%

3.9%

3.7%

CA Population (Million)

38.4

38.7

39.1

39.4

39.6

39.9

40.2

CPI

1.5%

1.6%

0.1%

1.4%

2.0%

2.5%

2.4%

Population Growth

0.9%

1.0%

0.8%

0.6%

0.8%

0.7%

0.7%

Real Disposable Income, % Change

-1.4%

2.7%

3.4%

2.7%

2.1%

2.8%

2.6%

Real Disposable Income, % Change

-2.1%

5.6%

3.9%

1.6%

1.6%

2.4%

3.0%

30-Yr FRM

4.0%

4.2%

3.9%

3.6%

4.0%

4.7%

5.2%

SERIES: U.S. Economic Outlook SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

SERIES: CA Economic Outlook SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


NEWS YOU CAN USE

APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

II. California Housing Market

These are report excerpts only; for the full report please go to the website: California Associations of Realtors. com

The CA Housing Market Recovery 100% 90%

Equity Sales

Short Sale

REO

80%

Equity Sales (Aug 2018) = 98.4%

70% 60%

Equity Sales Vs. Distressed Sales

50% 40% 30%

REO Sales (Aug 2018) = 0.9%

20%

Short Sales (Aug 2018) = 0.3%

10%

Ju l- 1 0 Ja n11 Ju l- 1 1 Ja n12 Ju l- 1 2 Ja n13 Ju l- 1 3 Ja n14 Ju l- 1 4 Ja n15 Ju l- 1 5 Ja n16 Ju l- 1 6 Ja n17 Ju l- 1 7 Ja n18 Ju l- 1 8

Ja n-

09 Ju l- 0 9 Ja n10

0%

Note: Not including transactions in foreclosure. SERIES: Distressed Sales, Not Seasonally Adjusted SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

2019 Sales Forecast? 37% 29%

27%

4%

3% Down down down

Down slightly

Flat

Up slightly

Up a lot

SERIES: 2018 Director’s Survey SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

What’s your outlook for the number of transactions in California next year? (n=443)

When Will Market Conditions Shift? C.A.R. Directors Pulsenomics West Pulsenomics United States

43%

30%

28%

27%

23%

20% 18%

14% 13%

14%

8%8%7%

6%5%

6%

6% 1%

Shifted already

Prior to year-end 2018

2019

2020

2021

2022

When do you expect California housing market conditions to shift decidedly in favor of home buyers? (C.A.R. n=438, Pulsenomics US n= 98, West n=91)

Entry Level Home Price

Never

SERIES: 2018 Director’s Survey SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

Expected Rate for a 30-Year FRM

17%

16%

10% 5%

1 year:

At cycle peak:

$1 ,0 00 ,0 00

C.A.R. Directors: 6.00% Pulsenomics Experts: 5.25%

O ve r

00 1$1 ,0 00 ,0 00

00 0

$7 50 ,

00 1$7 50 ,

00 0

What is the price of an entry-level home in your market? (n=438)

$5 00 ,

00 1$5 00 , $3 00 ,

00 0$3 00 ,

00 0

C.A.R. Directors: 5.25% Pulsenomics Experts: 5.00%

$2 00 ,

r$ 20 0, 00 0

Sometime after 2022

2%

28%

25%

Un de

10%9% 4%

SERIES: 2018 Director’s Survey SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

The prevailing rate for a 30-year fixed rate mortgage is 4.75. What do you expect it to be One year from now? (C.A.R. n=425, Pulsenomics n=100) At the time you expect the current business cycle will reach its peak?(C.A.R. n=374, Pulsenomics n=94)

SERIES: 2018 Director’s Survey SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

Price Gains Slowing Across the State 14%

Condo

Single-Family Homes

YTY% Chg. in Price

12% 10% 8% Decelerating Growth

6% 4% 2%

Ja n1 Fe 7 b1 M 7 ar -1 A 7 p rM 17 ay -1 Ju 7 n17 Ju l- 1 7 A ug -1 Se 7 p -1 O 7 ct -1 N 7 o v17 D e c1 Ja 7 n1 Fe 8 b18 M ar -1 A 8 p rM 18 ay -1 Ju 8 n18 Ju l- 1 8 A ug -1 8

0%

SERIES: Median Price of Existing Condo/Townhomes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

Price Growth Also Slowing Down California, August 2018: $596,410, +0.8% MTM, +5.5% YTY $700,000

Peak: May-07 $594,530

Aug-17: $565,320

$600,000 $500,000

Aug-18: $596,410

Trough: Feb-09 $245,230 -59% from peak

$400,000 $300,000 $200,000 $100,000

ay -0 6 Ja n07 Se p -0 M 7 ay -0 8 Ja n09 Se p -0 M 9 ay -1 0 Ja n11 Se p -1 M 1 ay -1 2 Ja n13 Se p -1 M 3 ay -1 4 Ja n15 Se p -1 M 5 ay -1 6 Ja n17 Se p -1 M 7 ay -1 8

05

Se p

M

Ja n-

-0 5

$-

SERIES: Median Price of Existing Single Family Homes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

California Housing Market Outlook 2013

2014

2015

2016

2017

2018p

2019f

SFH Resales (000s)

414.9

382.7

409.4

417.7

424.1

410.5

396.8

% Change

-5.9%

-7.8%

7.0%

2.0%

1.5%

-3.2%

-3.3%

Median Price ($000s)

$407.2

$446.9

$476.3

$502.3

$538.0

$575.8

$593.4

% Change

27.5%

9.8%

6.6%

5.4%

7.2%

7.0%

3.1%

Housing Affordability Index

36%

30%

31%

31%

29%

28%

25%

30-Yr FRM

4.0%

4.2%

3.9%

3.6%

4.0%

4.7%

5.2%

SERIES: CA Housing Market Outlook SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

GUILD MORTGAGE CORNER

®

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

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

File-with-Confidence Tax Guide Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed — along with the rules about tax deductions for homeowners. The biggest change? Many homeowners who used to write off their property taxes and the interest they pay their mortgage will no longer be able to. Stay calm. This doesn’t automatically mean your taxes are going up. Here’s a roundup of the rules that will affect homeowners — and how big of a change to expect. Standard Deduction: Big Change The standard deduction, that amount everyone gets, whether they have actual deductions or not, nearly doubled under the new law. It’s now $24,000 for married, joint-filing couples (up from $13,000). It’s $18,000 for heads of household (up from $9,550). And $12,000 for singles (up from $6,500). Many more people will now get a better deal taking the standard than they would with their itemizable write-offs. For perspective, the number of homeowners who will be able to deduct their mortgage interest under the new rules will fall from around 32 million to about 14 million, the federal government says. That’s about a 56% drop. “This doesn’t necessarily mean they’ll pay more taxes,” says Evan Liddiard, a CPA and director of federal tax policy for the National Association of REALTORS® in Washington, D.C. “It just means that they’ll no longer get a tax incentive for buying or owning a home.”

Personal Exemption Repealed One caveat to the increase in the standard deduction for homeowners and nonhomeowners is that the personal exemption was repealed. No longer can you exempt from your income $4,150 for each member of your household. And that might temper the benefit of a higher standard deduction, depending on your particular situation. For example, a single person might still come out ahead. Her $5,500 increase in the standard deduction is more than the $4,150 lost by the personal exemption repeal. But consider a family of four with two kids over 16 in the 22% tax bracket. They no longer have personal exemptions totaling $16,600. Although the increase in the standard deduction is worth $2,420 (11,000 x 22%), the loss of the exemptions would cost them an extra $3,652 (16,600 x 22%). So they lose $1,232 (3,652 – 2,420). But say their two kids are under 16, giving them a child credit worth $2,000. That offsets the loss resulting in a $758 tax cut. The takeaway: Your household composition will probably affect your tax status. Mortgage Interest Deduction: Incremental Change The new law caps the mortgage interest you can write off at loan amounts of no more than $750,000. However, if your loan was in place by Dec. 14, 2017, the loan is grandfathered, and the old $1 million maximum amount still applies. Since most people don’t have a mortgage larger than $750,000, they won’t be affected by the cap. But if you live in a pricey place (like San Francisco, where the median housing price is well over a million bucks), or you just have a seriously expensive house, the new federal tax laws mean you’re not going to be able to write off interest paid on debt over the $750,000 cap. State and Local Tax Deduction: Degree of Change Varies by Location The state and local taxes you pay — like income, sales, and property taxes — are still itemizable write-offs. That’s called the SALT

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11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

deduction in CPA lingo. But, the tax changes for 2019 (that’s tax year 2018) mean you can’t deduct more than $10,000 for all your state and local taxes combined, whether you’re single or married. (It’s $5,000 per person if you’re married but filing separately.) The SALT cap is bad news for people in areas with high taxes. The majority of homeowners in around 20 states have been writing off more than $10,000 in SALT each year, so they’ll lose some of this deduction. “This is going to hurt people in high-tax areas like New York and California,” says Lisa Greene-Lewis, CPA and expert for TurboTax in California. New Yorkers, for example, were taking SALT deductions around $22,000 a household. Rental Property Deduction: No Change The news is happier if you’re a landlord. There continue to be no limits on the amount of mortgage debt interest or state and local taxes you can write off on rental property. And you can keep writing off operating expenses like depreciation, insurance, lawn care, and utilities on Schedule E. Home Equity Loans: Big Change You can continue to write off the interest on a home equity or second mortgage loan (if you itemize), but only if you used the proceeds to substantially better your home and only if the total, combined with your first mortgage, doesn’t go over the $750,000 cap ($1 million for loans in existence on Dec. 15, 2017). If you used the equity loan to pay medical expenses, take a cruise, or anything other than home improvements, that interest is no longer tax deductible. Here’s a big FYI: The new rules don’t grandfather in old home equity loans if the proceeds were used for something other than substantial home improvement. If you took one out five years ago to, say, pay your child’s college tuition, you have to stop writing off that interest. 4 Tips for Navigating the New Tax Law • Single people may get more tax benefits from buying a house, Liddiard says. “They can often reach [and potentially

• •

exceed] the standard deduction more quickly.” Student loan debt is deductible, up to $2,500 if you’re repaying, whether you itemize or not. Charitable deductions and some medical expenses remain itemizable. If you’re generous or have had a big year for medical bills, these, added to your mortgage interest, may be enough to bump you over the standard deduction hump and into the write-off zone. If your mortgage is over the $750,000 cap, pay it down faster so you don’t eat the interest. You can add a little to the principal each month, or make a 13th payment each year.

Tax Deductions for Landlords Many rental home expenses are tax deductible. Save receipts and any other documentation, and take the deductions on Schedule E. Figure you’ll spend four hours a week, on average, maintaining a rental property, including recordkeeping. In general, you can claim the deductions for the year in which you pay for these common rental property expenses: •Advertising •Cleaning and maintenance •Commissions paid to rental agents •Homeowner association/condo dues •Insurance premiums •Legal fees •Mortgage interest •Taxes, including property taxes •Utilities Less obvious expenses that also may be deductible include fees charged by an accountant to prepare your Schedule E. And don’t forget that a rental home can even be a houseboat or trailer, as long as there are sleeping, cooking, and bathroom facilities. Moreover, the location of the rental home doesn’t matter. It could even be outside the United States. Travel Expense Deductions You can deduct expenses for local travel to a rental home for activities such as showing it,

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collecting rent, or doing maintenance. If you use your own car, you can claim the standard mileage rate, plus tolls and parking. For 2018, it’s 54.5 cents per mile. Traveling outside your local area to a rental home is another matter. You can write off the expenses if the purpose of the trip is to collect rent or, in the words of the IRS, “manage, conserve, or maintain” the property. If you mix business with pleasure during the trip, you can only deduct the portion of expenses that directly relates to rental activities. Repairs and Improvement Deduction Another area that requires rental homeowners to tread carefully is repairs vs. improvements. The tax code lets you immediately write off repairs — any fixes that keep your property in working condition — as you would other expenses. The costs of improvements that add value to a rental property or extend its life must instead be depreciated over several years. (More on depreciation below.) Think of it this way: Simply replacing a broken window pane counts as a repair, but replacing all of the windows in your rental home counts as an improvement. Patching a roof leak is a repair; re-shingling the entire roof is an improvement. You get the picture. Depreciation Depreciation refers to the value of property that’s lost over time due to wear, tear, and obsolescence. In the case of improvements to a rental home, you can deduct a portion of that lost value every year over a set number of years. You can begin depreciating the value of the entire rental property as soon as the rental home is ready for tenants and you hold it out for rent, even if you don’t yet have any tenants. In general, you depreciate the value of the home itself (but not the portion of the cost attributable to land) over 27.5 years. You’ll have to stop depreciating once you recover your cost or you stop renting out the home, whichever comes first. Depreciation is a valuable tax benefit, but the calculations can be tricky. Read IRS Publication 946, “How to Depreciate Property,” for additional information, and use Form

4562 come tax time. You may need to consult a tax adviser. Profits and Losses on Rental Homes The rent you collect from your tenant every month counts as income. You offset that income and lower your tax bill by deducting your rental home expenses including depreciation. If, for example, you received $9,600 in rent during the year and had expenses of $4,200, then your taxable rental income would be $5,400 ($9,600 in rent minus $4,200 in expenses). You can even write off a net loss on a rental home as long as you meet income requirements, own at least 10% of the property, and actively participate in the rental of the home. Active participation in a rental is as simple as placing ads, setting rents, or screening prospective tenants. If your modified adjusted gross income (same as adjusted gross income for most persons) is $100,000 or less, you can deduct up to $25,000 in rental losses. The deduction for losses gradually phases out between income of $100,000 and $150,000. You may be able to carry forward excess losses to future years. Let’s say that for the year rental receipts are $12,000 and expenses total $15,000, resulting in a $3,000 loss. If your modified adjusted gross income is below $100,000, you can deduct the full $3,000 loss. If you’re in a 22% tax bracket , a $3,000 loss reduces your tax bill by $660, plus any applicable state income taxes. Tax Rules for Vacation Homes If you have a vacation home that’s mostly reserved for personal use but rented out for up to 14 days a year, you won’t have to pay taxes on the rental income. Some expenses are deductible, though the personal use of the home limits deductions. The tax picture gets more complicated when, in the same year, you make personal use of your vacation home and rent it out for more than 14 days.

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

That was then, this is now!

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

This season’s snow fall makes Spring Skiing and Riding ideal. We hope you have the opportunity to enjoy the slopes in your favorite way. Most resort closings have all been extended into May, so there is plenty of time to get out there and make it good day!

Resort

Acres

Lifts

Trails Beginner

Trails Intermediate

Trails Advanced

Trails Expert

Bear Valley 9:00 am – 4:00 pm

1680

10

6

23

26

2

Boreal 9:00 am - 9:00 pm

380

6

9

10

15

0

Heavenly Valley 8:30 am – 4:00 pm

4800

28

10

52

28

7

Homewood 8:00 am – 4:00 pm

1260

8

10

27

20

10

Kirkwood 9:00 am – 4:00 pm

2300

14

7

29

37

11

Mt. Rose 9:00 am – 4:00 pm

1200

8

12

18

24

6

Northstar California 9:00 am – 4:00 pm

3170

20

11

54

33

0

Soda Springs 9:00 am – 4:00 pm

200

4

4

3

6

0

Sugar Bowl 9:00 am – 4:00 pm

1650

12

17

45

38

0

Squaw Alpine 9:00 am – 4:00 pm

3600 2400

18 10

43 25

77 40

51 35

0 0

Tahoe Donner 9:00 am – 4:00 pm

120

2

7

10

0

0

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

APRIL 2019 SUN

MON 31

TUES 01

Mothership Classic Ski Event

NASTAR RACES

WED 02

THUR 03

FRI 04

NASTAR RACES

Winter Wonder Blue Grass

07 SENIOR SERVICES PANCAKE BREAKFAST

14

08

NASTAR RACES

09

10

11

21

05

12

13

15

NASTAR RACES

16

17

18 NASTAR RACES

19

20

22

23

24

25

4th Annual Wild and Scenic Film Festival

TAHOE TRUCKEE EARTH DAY CELEBRATION

26

27 Tahoe Safe Alliance Father/ Daughter Dance

Eggstravganza Easter at Northstar

28

06

Nation Beat Music Performance

NASTAR RACES

4th Annual Wild and Scenic Art Walk Easter Brunch at Squaw

SAT

29

30

01

02

03

04 Truckee Historical Revue

05 Truckee Historical Revue

06

07

08

09

10 150 Year Truckee Donner RR Celebration

11 150 Year Truckee Donner RR Celebration

The Romans gave this month the Latin name Aprilis but the derivation of this name is uncertain. The traditional etymology is from the verb aperire, "to open", in allusion to its being the season when trees and flowers begin to "open", which is supported by comparison with the modern Greek use of anixi (opening) for spring. Since some of the Roman months were named in honor of divinities, and as April was sacred to the goddess Venue, it has been suggested that Aprilis was originally her month Aphrilis, from her equivalent Greek goddess name Aphrodite.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA. Date and Events

Where Held

Time

Contact Info.

Details

Every Thursday and Monday through April 21st CHAMPIONSHIPS 4/3-4/7 NASTAR RACES

Squaw Valley at top of Shirley Lake

10:00 am to 2:45 pm

www.squawalpine.com

Race against friends, family and other skiers on our NASTAR race course located at the top of Shirley Lake Express on Ramp Run. Participants will compete within their age and gender to win platinum, gold, silver and bronze medals. Racers that are top-ranked in their group can qualify to compete in our 2019 Liberty Mutual Insurance NASTAR National Championships April 3- 7, 2019 here at Squaw Valley.

MARCH 31ST

K 22 at SQUAW VALLEY

8:00 am 4:00 pm

Squaw/alpine.com

The Mothership Classic is a pledge-driven event held each Spring on the iconic KT-22 chairlift. Participants will gather pledges to benefit the High Fives Foundation and challenge themselves to hot lap KT-22 as many times as possible from first chair to last on skinny skis, retro snowboards, mono skis, and snow blades. Nostalgic ski attire is encouraged! Mothership Classic Details Skiers & riders will lap KT-22 aka the Mothership as many times as they can from 9am-4pm Participants will obtain per-lap sponsorship and everyone is encouraged to embrace their own form of classic inspiration for the event. Dressing up is strongly encouraged! Cost: free to participate. Fundraising prior to event is highly encouraged Awards are given out for a variety of categories including most laps, most money raised, best costume, and raddest goggles, etc. All funds raised go directly to the healing efforts of athletes that have suffered life-altering injuries via The High Fives Foundation

THE MOTHERSHIP CLASSIC Fundraising event for THE HIGH FIVES FOUNDATIN

MARCH 29TH THROUGH MARCH 31ST

SQUAW VALLEY See map for 4 locations

Celebrating 5 years in sublime North Lake Tahoe, we love the spring vibe of WWG Squaw! Squaw Valley Alpine Meadows is coming off another record-setting snow season and March is the month to catch it again! Join us for the laid-back California experience, sunny days and spring snow. WinterWonderGrass Tahoe returns for 3 days of world-class Bluegrass/Acoustic Roots music on four stages. It's going to be an epic weekend bringing together those who love music, mountains and a good time. Headliners include: Leftover Salmon, Greensky Bluegrass, Trampled by Turtles and many more!

WINTER WONDER GRASS TAHOE

APRIL 5TH NATION BEAT Arts For The Schools Performance

Truckee Community Arts Center 10046 Church Street

6:30 pm Open 7:00 pm. Show start 9:00 pm

Arts For The Schools http:www.artsforthe schools.org

Borrowing, mixing and adapting musical traditions is at the heart of music. Nation Beat singularly conjures up this elemental musical charm, drawing on the source of rhythm that lit up jazz. From the Brazil drumming, propelled by sounds of New Orleansflavored brass, this music makes you dance! Nation Beat’s mission is to unite the rural music of Brazil maracatu and NOLA roots to all audiences with their joyful Carnival-style rhythms. $20/adult $15/senior $5/children

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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA. Date and Events APRIL 7TH SENIOR SERVICES PANCAKE BREAKFAST

Where Held

Time

Truckee Donner Senior Apartments 10040 Estates Drive

8:00 am 11:30 am

Historic Downtown Truckee

5:00 pm 8:00 pm

WILD & SCENIC ART WALK

Details

Adults $10 Children and Seniors $5

Enjoy an all-you-can-eat breakfast buffet and help feed our seniors, too! All the pancakes, eggs, sausage, bacon, fruit and more will be available to fill your tummy and the warm feeling you get from supporting the Meals on Wheels program will fill your heart. Join us as we kick off Volunteer Appreciation Week by recognizing our volunteers during breakfast. You will enjoy talking with some of our drivers and hearing their personal stories of why they volunteer for Meals on Wheels. Sponsored by the Soroptimist International of Truckee Donner - all proceeds benefit Meals on Wheels, a program of Sierra Senior Services.

Contact Sierra Senior Services for more information

Fundraiser

APRIL 18TH

Contact Info.

http://mapf.org

Get in the Earth Day spirit with a FREE Wild & Scenic Art Walk in Historic Downtown Truckee on Thursday, April 18th from 5 pm - 8 pm! Mountain Area Preservation is hosting this event in conjunction with our 4th Annual Wild & Scenic Film Festival (April 19th at the Community Arts Center) to highlight local artists, studios and shops. Participating locations are Gallery 5830’, Mountain Arts Collective, Lorien Powers Studio Jewelry, The Carmel Gallery, Riverside Studios and Bluestone Jewelry. Each location will have beer or wine and feature art with environmental themes. We hope to see you there!

APRIL 19TH WILD & SCENIC FILM FESTIVAL

APRIL 20TH TAHOE TRUCKEE EARTH DAY CELEBRATION

Truckee Community Arts Center 10046 Church Street

5:00 pm Doors Open 6:00 pm Start

Village at Squaw Valley

11:00 am 5:00 pm

http://mapf.org

www.tahoetruckee earthday.com

Celebrate Earth Day with Mountain Area Preservation (MAP) at the Downtown Community Arts Center in Truckee on Friday, April 19th from 5 pm - 9 pm for the 4th Annual Wild & Scenic Film Festival. The evening will be filled with award-winning films focused on adventure, activism, and conservation. The evening will be filled with award-winning films focused on adventure, activism, and conservation. Join us for inspiring films, tasty food, delicious libations and a raffle! The Wild & Scenic Film Festival was started by environmental advocacy group South Yuba River Citizens League (SYRCL) in 2003. The festival's namesake is in celebration of SYRCL's landmark victory to receive “Wild & Scenic” status for 39 miles of the South Yuba River in 1999. The festival is now in it's 17th year and goes on tour all around the world by partnering with like-minded environmental organizations such as MAP.

The Tahoe Truckee Earth Day Festival is a volunteer run, non-profit event to recognize, celebrate and promote the region’s unique beauty. Come to the Village at Squaw Valley on Saturday, April 20th from 11:00 am to 5:00 pm for fun, live music and entertainment, and learn how to preserve and protect our local and global natural resources. The Earth Day Festival provides a multitude of educational booths on the topics of watershed, health, forest health, pollution prevention, alternative energy, waste management, local art and more. Music EntertainmentTimeArtistVenue11:30am-1:30pmSerina Dawn BandVillage Events Plaza3:30-5pmCoburn StationVillage Events Plaza

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA. Date and Events APRIL 21ST

Where Held Squaw Village Olympic Lounge

Time 9:30 am 1:00 pm

Contact Info.

Details

Adults $65.00 Kids 4-12 $25.00 Under 3 - Free

Celebrate Easter at Squaw Valley by joining us for our spectacular Easter Sunday Brunch. A bountiful buffet and a visit from the Easter Bunny himself will create a memorable holiday experience for the whole family. Enjoy a breathtaking view of our spectacular mountains in our beautifully decorated Olympic Lounge. After brunch, join us for an Easter Egg hunt outside on our sun deck overlooking Cushings Pond.

EASTER BRUNCH AT SQUAW VALLEY

Event Details: This event has 2 seatings: 9:30am & 12pm Adult price includes 1 mimosa Cash bar will be available, including an adult Easter cocktail menu Space is limited at this event! APRIL 21ST EASTER EGGSTRVAGANZA at NORTHSTAR APRIL 27TH ANNUAL FATHER DAUGHTER DANCE

Village at Northstar

11:00 am

Free family event

Join us for the annual egg dash held at Northstar California at 11am! Fun for the whole family.

TAHOE BILTMORE HOTEL

6:00 pm 9:00 pm

6:00pm 9:00 pm

In recognition of Child Abuse Awareness and Prevention Month, the 10th Annual Father Daughter Dance will be held on Saturday, April 27th at Tahoe Biltmore. The Father Daughter Dance is a meaningful and impactful evening for young girls and the special men in their lives!

Tahoe Safe Alliance

Sorry ladies, but this event is for dads, grandfather's and uncles. It is a one-of-a-kind event that allows Tahoe SAFE Alliance to promote healthy relationships and father-daughter bonding, while also demonstrating to young girls the importance of being treated with love, kindness and respect. $30.00 Father Daughter Couple and $5 additional child.

Our mission is to end the incidence and trauma of intimate partner/domestic violence, sexual violence, and child abuse in North Lake Tahoe and Truckee.

Where Tahoe Biltmore 5 Nevada 28 Crystal Bay, NV Contact Dawn Harris Tahoe SAFE Alliance 775-298-0169 dawnh@tahoesafealliance.org

MAY 2nd-4th

Details in May Edition

Chamber.truckee.com/ events

Sagan Fondo Cycling event and festival

MAY 4th - 5TH

TRUCKEE HISTORICAL REVUE

MAY 10th – 11th

GAND OPENING DONNER RAILROAD MUSEUM KICK OFF CELEBRATION

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

Music, Music, Music Live Music Every Thursday and Friday throughout the winter months

Where Held Cottonwood Hilltop Restaurant Truckee

Time Starting at 6:30 pm

Contact Info.

Details Enjoy free live music Thursday and Friday evenings in our bar at Cottonwood Hilltop Restaurant. Call ahead if you also want to make Table reservations.

Live Music Every Thursday, Friday, Saturday throughout the winter months

Bar of America 10040 Donner Pass Road Truckee

9:30 pm 11:55 pm

Join us at Bar of America For free live music and dancing Free admission with purchase of a signature cocktail

Live Music Every Thursday, Friday, Saturday throughout the winter months

Moody’s Bistro Bar & Beats 10007 Bridge Street Truckee

8:00 pm 11:55 pm

Enjoy free world-class, eclectic music Thursdays-Saturdays this winter at Moody's Moody's is a warm, inviting space filled with locals, long-time visitors, and first-time tourists. A place for craft-cocktails, farm-to-table eats, and great music.

SaturdaysSundays APRIL 6TH – MAY 25TH SPRING MUSIC SERIES

Alpine Meadows Deck 2600 Alpine Meadows Road Olympic Valley

2:00 pm 5:00 pm

The Spring Music Series returns this year with five music-filled weekends. Talented musicians take center stage on the deck at Alpine Meadows for a spring filled with great skiing and exceptional FREE live music.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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APRIL 2019 MARKET NEWSLETTER Truckee, Tahoe Donner, Golf Course Communities, Donner Summit, Alpine/Squaw, North and West Lake Tahoe, CA.

On-Going Area Offerings Date and Event

Where Held

Time

Cost Contact Info.

Details

Sundays On-Going Art of Mixology

Ritz-Carlton Hotel 13031 Ritz Carlton Highlands Ct. Truckee

4:00 pm 6:00 pm

E-Mail Giles.priestland @ritzcarlton.com

Cost $60/per person at the Manzanita Bar. Entertaining and educational experience will feature freshly cut herbs, classic ingredients such as bitters and infused liquors to create three unique cocktails paired with appetizers.

Mondays On-Going Song Group

Tahoe Truckee School of Music 10038 Meadow Way, Ste. E Truckee

6:15 pm 7:30 pm

$20.00

Song group for everyone! Any instrument, any experience level, any age. Led by Ben Martin. Come to learn and share music in a fun creative environment. For more information contact: http://chamber.truckee.com/events/details/song-group Contact: Ben Martin (530) 587-3274

Tuesdays On-Going Knitting Group

Atelier 10128 Donner Pass Road Truckee

4:00 pm 6:00 pm

Free

Join us for a knitting group. Open to all knitters, crotchetiers, loom artists‌whatever your thread you are welcome. This is NOT A CLASS; it is a group activity intended for individuals who enjoy the company of other yarn artists. Bring your own project or start a new one; come for a few minutes or the whole 2 hours. For more information on this and other workshops contact: www.ateliertruckee.com

Wednesday Fridays On-Going Crafting

Tahoe Modern Makers 3668 Lake Tahoe Blvd, Ste. K So. Lake Tahoe

4:00 pm 5:00 pm

Free

FREE! All Craft event every Wednesday and Friday; all ages welcome. No reservations required. Craft changes weekly. Call for questions: (530) 600-3388 or e-mail: tahoemodernmakers@gmail.com

On-Going Check Schedules on line at Atelier.com

Atelier 10128 Donner Pass Road Truckee

Varies

Prices vary

Take a fun class! All classes are interesting and open to the public. Class offerings are offered throughout the month and offerings change monthly throughout the year. Check their website at www.ateliertruckee.com for current calendar.

Fridays BAKE SALE

Sierra Bakehouse 10736 Pioneer Trail, Unit 12

8:00 am 3:00 pm

www.sierrabake househouse.com

Stop by Sierra Bakehouse every Friday from 8 am to 3 pm to experience their bake sale of yummy breads, desserts and savory treats!

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440


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