Dickson Truckee/Tahoe Newsletter - October 2018

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Table of Contents Dickson Truckee Office Lake Tahoe Fun Facts & History 12 Month Sales Statistics Guild Mortgage Corner California Assn. of Realtors July Report Trick or Treat!

Page 2 3-6 7 8-10 11

Calendar & Area Events

12-15

Autumn Trails Truckee & Plumas

16-17

Fall Daylight Time Change - Tips

18

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, 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. Combined with their knowledge and experience, they are uniquely qualified to be expert guides in your real estate venture. Contact us and become another satisfied client.

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 Address:11836 Donner Pass Road Truckee, CA 96161 LAKE TAHOE Fun Facts & History Information provided by the U.S. Geological Survey and the U.S. Forest Service.

Why is it so blue?

Tahoe’s clean air and water are the keys to the Lake’s dazzling blue color. The surface of Lake Tahoe is blue in part because it’s reflecting the sky, but there is more to this phenomenon.

Water as crystal clear as Tahoe’s absorbs red light, leaving the rich blue color that we all see.

How clear is the water?

Tahoe is so clear that in some places objects can be seen to depths of over 70 feet. One reason is that 40 percent of the precipitation falling into the Lake Tahoe Basin falls directly upon the Lake.

The remaining precipitation drains through the marshes and meadows, which are a good filtering system for water. Unfortunately, many of the Lake's natural filtering systems have been disturbed by development and Tahoe's clarity is diminishing.

How was the lake formed?

The lake was formed through faulting of the Earth's crust, volcanism and glaciation.

About 25 million years ago the Sierra Nevada block was formed by tremendous uplifting. The valley that later became the Tahoe Basin sank between two parallel faults as the mountains on either side rose. Water filled this Basin where Lake Tahoe lies today.

Lava flowing from Mt. Pluto on the north shore formed a barrier or dam across the basin's outlet. Water from rivers and streams flowed

into the Basin gradually filling it several hundred feet above its present level.

During the last Ice Age, less than a million years ago, huge ice blocks or glaciers formed in the surrounding mountains. These glaciers scoured the landscape, carving broad Ushaped valleys now occupied by Cascade Lake, Fallen Leaf Lake, and Emerald Bay. The material left after the glaciers melted, called moraines, blocked the original outlet of Lake Tahoe, changing it to the present Truckee River outlet at Tahoe City.

Where does the water go?

There are 63 streams that flow into Lake Tahoe and only one, the Truckee River, that flows out into Pyramid Lake. Unlike most bodies of water in North America, Tahoe's water never reaches the ocean.

How much water is in the lake?

The water in Lake Tahoe could cover a flat area the size of California to a depth of 14 inches.

This is enough to supply everyone in the United States with 50 gallons of water per day for five years. And believe it or not, the amount of water that evaporates from the surface of Lake Tahoe every year could supply a city the size of Los Angeles for five years.

How large is the lake?

Lake Tahoe is 22 miles long, 12 miles wide, and has 72 miles of shoreline. The surface area covers 191 square miles. Lake Tahoe's greatest depth of 1,645 feet makes it the second deepest lake in the United States, after Crater Lake in Oregon. The bottom of the Lake is 92 feet below the level of Carson City, Nevada.

What is the elevation?

Lake Tahoe's natural rim is 6,223 feet above sea level, and its dam allows for a maximum surface elevation of 6,229 feet, making it the highest lake of its size in the United States. At any given time, its exact elevation is controlled by a dam at Tahoe City, and depends on how much water flows in from the mountains and how much is let out into the Truckee River.

History For many thousands of years, Lake Tahoe was occupied only by Native American tribes.

Artifacts confirm the presence of the Washoe Tribe of Native Americans at Lake Tahoe over 10,000 years ago. Native Americans camped, hunted, and fished at Lake Tahoe in relative seclusion until General John C. Fremont's exploration party "discovered" the lake in 1844.

For many years following Tahoe's discovery the area was virtually ignored. In 1859 however, the Comstock Lode was discovered in Virginia City, Nevada. During the 1860s Tahoe became the center of a lively commerce involving the silver mines in Virginia City and the Central Pacific Railroad (which was pushing over the Sierra toward the town of Truckee). The Comstock era resulted in large-scale deforestation of the Tahoe Basin, as timber was required to build mine shafts and support growing developments. It is estimated that over 80 percent of the Basin's forests were clear cut during this time.

Since then, public appreciation of Lake Tahoe and its natural resources has grown. During the 1912, 1913, and 1918 congressional sessions, conservationists made efforts to designate the Tahoe Basin as a national park but they were unsuccessful. Development pressures escalated again in the 1940s and 1950s, and a group of residents and visitors who were concerned about the environmental health of the region formed the League to Save Lake Tahoe.

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

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

Alpine/Squaw, Donner Summit North Lake Tahoe, CA and West Shore Lake Tahoe, CA The sales statistics this month provide a 12 month overview, AUGUST 2017 through AUGUST 2018, of residential sales to show the Median Pricing, Lowest and Highest Sold Prices, total number of units sold and the average days on the market.

Data Source is Tahoe Sierra Board of Realtors with data pulled on September 10, 2018 The sales shown are for Single Family Residential, Condominiums and Townhouses in each of the market areas.

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

Truckee Inclusive shows total market activity which includes Tahoe Donner and the Golf Course Communities. Activity in the specific sub-markets of Tahoe Donner and Golf Course Communities are shown separately on the next page.

$800,000 $600,000 $400,000 $200,000

JULY

MEDIAN SALES PRICE

AUGUST

MAY

JUNE

$-

APRIL

53 70 72 73 73 87 83 64 85 55 34 51 41

FEB

108 96 100 101 71 54 44 68 48 58 66 79 92

MARCH

8,350,000 7,000,000 6,047,500 7,500,000 7,200,000 8,800,000 4,741,000 7,800,000 5,850,000 7,700,000 4,100,000 4,650,000 9,000,000

TRUCKEE INCLUSIVE MEDIAN SALES PRICE

DEC

$ $ $ $ $ $ $ $ $ $ $ $ $

AVG. DAYS ON MARKET

JAN

85,000 90,000 130,000 85,000 220,000 89,000 90,000 275,000 367,500 95,000 130,000 105,000 95,000

RESIDENTIAL SOLD

NOV

$ $ $ $ $ $ $ $ $ $ $ $ $

HIGHEST SALE

SEP

AUGUST SEP OCT NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGUST

LOWEST SALE

OCT

MEDIAN SALES PRICE $ 607,500 $ 632,000 $ 620,000 $ 624,000 $ 685,000 $ 672,500 $ 623,500 $ 732,944 $ 792,500 $ 745,000 $ 662,500 $ 700,000 $ 722,000

AUGUST

TRUCKEE INCLUSIVE

APRIL

MAY

$9,000,000 JUNE

$4,650,000 JULY

$722,000 $95,000

$662,500 $130,000

$745,000 $95,000

$4,100,000 MARCH

$792,500 $367,500

FEB

$732,944 $275,000

JAN

$700,000 $105,000

$5,850,000

$4,741,000 $685,000 $220,000 DEC

$7,700,000

$7,800,000

$8,800,000

$7,200,000

$7,500,000 NOV

$623,500 $90,000

OCT

$624,000 $85,000

$6,047,500 $620,000 $130,000

$7,000,000 SEP

$672,500 $89,000

AUGUST

$632,000 $90,000

$607,500 $85,000

$8,350,000

TRUCKEE INCLUSIVE AUGUST 2017-AUGUST 2018 MEDIAN SALES PRICE LOWEST SALE HIGHEST SALE

AUGUST

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

28 41 42 52 90 31 45 56 45 34 12 39 33

$694,500 $95,000

JUNE

$105,000

$600,000

MAY

$1,500,000

$1,700,000

$1,446,000

$1,500,000 $625,000

$708,000

$367,500

$652,750

$780,000

$1,150,000

$1,300,000

$1,615,000

$1,322,500 $675,000

$1,371,000

$1,640,000 $822,000

$595,000 $428,000

$275,000

$130,000

$200,000

HIGHEST SALE

$95,000

$400,000

LOWEST SALE

$90,000

$85,000

$800,000

$220,000

$1,000,000 $600,000

MEDIAN SALES PRICE

$575,000

$584,000

TAHOE DONNER MEDIAN SALES PRICE

TAHOE DONNER AUGUST 2017-AUGUST 2018

$85,000

43 30 46 39 28 16 19 28 15 22 31 37 32

$1,257,000

1,460,000 1,835,645 1,257,000 1,640,000 1,371,000 1,322,500 1,615,000 1,300,000 1,150,000 1,500,000 1,446,000 1,700,000 1,500,000

$130,000

$ $ $ $ $ $ $ $ $ $ $ $ $

$1,835,645

85,000 340,000 130,000 85,000 220,000 428,000 90,000 275,000 367,500 95,000 130,000 105,000 95,000

AVG. DAYS ON MARKET

$562,500

$ $ $ $ $ $ $ $ $ $ $ $ $

RESIDENTIAL SOLD

HIGHEST SALE

$726,500

AUGUST SEP OCT NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGUST

LOWEST SALE

$340,000

MEDIAN SALES PRICE $ 584,000 $ 726,500 $ 562,500 $ 575,000 $ 822,000 $ 595,000 $ 675,000 $ 652,750 $ 780,000 $ 708,000 $ 625,000 $ 600,000 $ 694,500

$1,460,000

TAHOE DONNER

DEC

JAN

FEB

MARCH APRIL

JULY AUGUST

84 161 172 129 62 141 70 126 158 149 135 106 82

GOLF COURSE COMMUNITIES AUGUST 2017-AUGUST 2018

$7,700,000

$560,000

$2,775,000

$4,650,000

$4,100,000

$870,000

MAY

$2,300,000

APRIL

$1,715,000 $914,500

$1,230,000

$3,837,500

$5,850,000 $1,225,000

$3,205,000

$2,162,000

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

$9,000,000

HIGHEST SALE

$7,800,000

$7,200,000

$885,000

$1,000,000

$2,495,500 $1,255,000

$2,000,000

$899,000

$527,500

$3,000,000

$2,537,500

$1,950,000

GOLF COURSE COMMUNITIES MEDIAN SALES PRICE

$4,000,000

LOWEST SALE

$8,800,000

MEDIAN SALES PRICE

$7,500,000

17 15 13 15 7 12 3 15 8 10 6 11 15

$1,460,000 $795,000

8,350,000 7,000,000 6,047,500 7,500,000 7,200,000 8,800,000 4,650,000 7,800,000 5,850,000 7,700,000 4,100,000 4,650,000 9,000,000

AVG. DAYS ON MARKET

$6,047,500

JULY

NOV

AUGUST

MAY

$ $ $ $ $ $ $ $ $ $ $ $ $

OCT

$1,675,000 $989,000

527,500 1,060,000 989,000 795,000 899,000 1,255,000 1,349,000 885,000 1,225,000 1,230,000 914,500 870,000 560,000

JUNE

APRIL

FEB

MARCH

DEC

$ $ $ $ $ $ $ $ $ $ $ $ $

RESIDENTIAL SOLD

$7,000,000

1,950,000 2,950,000 1,675,000 1,460,000 2,537,500 2,495,500 2,425,000 2,162,000 3,205,000 3,837,500 1,715,000 2,300,000 2,775,000

HIGHEST SALE

$1,060,000

$ $ $ $ $ $ $ $ $ $ $ $ $

LOWEST SALE

$2,950,000

AUGUST SEP OCT NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGUST

JAN

OCT

MEDIAN SALES PRICE

AUGUST SEP

MEDIAN SALES PRICE

$8,350,000

GOLF COURSE COMMUNITIES

NOV

AUGUST SEP

$-

JULY

MEDIAN SALES PRICE

AUGUST

JUNE

MAY

APRIL

FEB

MARCH

DEC

JAN

NOV

AUGUST SEP OCT

$AUGUST

SEP

OCT

NOV

DEC

JAN

FEB

MARCH

JUNE

JULY

AUGUST

Dickson Realty is dedicated to helping you keep a pulse on the local market and real estate related information by providing the latest news, trends, and issues affecting the area’s real estate market.

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

ALPINE/SQUAW AUGUST 2017-AUGUST 2018 MEDIAN SALES PRICE LOWEST SALE HIGHEST SALE

$2,150,000

$2,150,000

JUNE

JULY

AUGUST

$557,500 $286,000

JULY AUGUST

$482,000 $175,000 $942,000

$1,532,500

$750,000 $420,000

JUNE

$515,000 $385,000 $900,000

$1,600,000 MAY

$799,650 $562,000

MARCH APRIL

$538,500 $319,000

$809,500 $279,000

$1,395,000

$1,200,000 FEB

$475,000 $175,000 $810,000

$2,150,000 JAN

$615,000 $385,000 $890,000

JULY

DEC

AUGUST

54 63 52 169 79 47 73 44 53 41 42 18 27

DONNER SUMMIT AUGUST 2017-AUGUST 2018 MEDIAN SALES PRICE

$200,000

HIGHEST SALE

OCT

NOV

JAN

FEB

MARCH

$875,000

$529,500 $350,000

$400,000

$450,000 $190,000 $793,800

$515,000 $195,000 $744,000

$600,000

$477,000 $195,000

DONNER SUMMIT MEDIAN SALES PRICE

$800,000

LOWEST SALE

$290,000 $189,000

9 11 17 6 7 4 2 4 7 5 3 7 15

$773,000 $484,000 $1,167,000

744,000 4,400,000 793,800 1,665,000 1,350,000 430,000 370,000 502,000 1,167,000 875,000 890,000 900,000 942,000

AVG. DAYS ON MARKET

$387,000 $287,000 $502,000

RESIDENTIAL SOLD

$297,500 $225,000 $370,000

MAY

HIGHEST SALE $ $ $ $ $ $ $ $ $ $ $ $ $

NOV

$1,350,000

195,000 195,000 190,000 350,000 315,000 360,000 225,000 287,000 484,000 189,000 385,000 385,000 175,000

JUNE

APRIL

FEB

MARCH

JAN

DEC

$ $ $ $ $ $ $ $ $ $ $ $ $

OCT

$412,500 $360,000 $430,000

AUGUST SEP OCT NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGUST

LOWEST SALE

SEP

$1,665,000

MEDIAN SALES PRICE $ 515,000 $ 477,000 $ 450,000 $ 529,500 $ 445,000 $ 412,500 $ 297,500 $ 387,000 $ 773,000 $ 290,000 $ 615,000 $ 515,000 $ 482,000

AUGUST

MEDIAN SALES PRICE

$4,400,000

DONNER SUMMIT

NOV

AUGUST SEP OCT

$600,000 $400,000 $200,000 $-

$1,150,000

$1,000,000 $800,000

$435,000 $292,800

$789,000 $420,000

$1,350,000

ALPINE/SQUAW MEDIAN SALES PRICE

$345,000 $265,000

348 117 194 187 224 195 331 254 272 234 288 78 176

$4,250,000

11 16 16 18 13 6 7 7 9 5 4 7 8

$565,000 $365,000

2,950,000 1,350,000 1,499,000 4,250,000 1,395,000 1,150,000 1,200,000 810,000 2,150,000 1,600,000 1,532,500 2,150,000 2,150,000

$445,000 $315,000

$ $ $ $ $ $ $ $ $ $ $ $ $

AVG. DAYS ON MARKET

$1,499,000

420,000 270,000 398,000 170,000 365,000 265,000 292,800 175,000 279,000 319,000 562,000 420,000 286,000

RESIDENTIAL SOLD

$557,500 $170,000

$ $ $ $ $ $ $ $ $ $ $ $ $

HIGHEST SALE

$630,000 $398,000

LOWEST SALE

$2,950,000

AUGUST SEP OCT NOV DEC JAN FEB MARCH APRIL MAY JUNE JULY AUGUST

MEDIAN SALES PRICE $ 789,000 $ 399,500 $ 630,000 $ 557,500 $ 565,000 $ 345,000 $ 435,000 $ 475,000 $ 809,500 $ 538,500 $ 799,650 $ 750,000 $ 557,500

$399,500 $270,000

ALPINE/ SQUAW

JULY

MEDIAN SALES PRICE

AUGUST

SEP

DEC

APRIL

MAY

AUGUST

JUNE

MAY

APRIL

MARCH

FEB

DEC

JAN

NOV

SEP

OCT

AUGUST

$-

Dickson Realty is dedicated to helping you keep a pulse on the local market and real estate related information by providing the latest news, trends, and issues affecting the area’s real estate market.

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

MEDIAN SALES PRICE

AUGUST SEP OCT NOV DEC JAN FEB MAR APR MAY JUNE JULY AUGUST

$ $ $ $ $ $ $ $ $ $ $ $ $

LOWEST SALE

556,500 595,000 630,000 594,000 555,000 510,000 608,746 529,000 712,500 506,702 681,520 605,105 605,000

$ $ $ $ $ $ $ $ $ $ $ $ $

RESIDENTIAL SOLD

HIGHEST SALE

160,000 110,000 138,000 215,000 273,000 275,000 210,000 299,000 395,000 175,000 215,000 135,000 115,000

$ 3,300,000 $ 7,000,000 $ 4,850,000 $ 1,650,000 $ 5,400,000 $ 2,450,000 $ 2,950,000 $ 3,770,000 $ 3,255,000 $ 3,725,000 $ 22,865,543 $ 4,600,000 $ 4,315,000

AVG. DAYS ON MARKET

29 44 37 30 26 14 16 19 14 20 30 26 41

51 70 76 101 80 96 114 79 42 69 133 36 39

NORTH LAKE TAHOE, CA AUGUST 2017-AUGUST 2018 MEDIAN SALES PRICE

LOWEST SALE

HIGHEST SALE $22,865,543

NORTH LAKE TAHOE, CA

36 53 49 110 67 137 63 139 85

470,000 $

885,000

10

22

$

822,500 $

319,000 $10,000,000

28

67

425,000 $ 3,000,000 425,000 $24,000,000

MAR

APR

$4,315,000

$4,600,000

$605,000 $115,000

$605,105 $135,000

$3,725,000 MAY

$681,520 $215,000

$3,255,000

$506,702 $175,000

$712,500 $395,000

$3,770,000 $529,000 $299,000

$608,746 $210,000 $2,950,000

$5,400,000

FEB

JUNE

JULY

MAY

JUNE

AUGUST

14 20

WEST SHORE LAKE TAHOE, CA AUGUST 2017-AUGUST 218 MEDIAN SALES PRICE LOWEST SALE HIGHEST SALE

14 91

DEC

MAR

$10,000,000

FEB

$1,075,000 $435,000

NOV

$707,000 $565,000 $4,750,000

OCT

$895,000 $528,500 $2,935,000

$570,000 $220,000 $3,220,000

SEP

$7,500,000

$669,500 $295,000 $2,275,000

AUGUST

$620,000 $525,000

$676,000 $215,000 $1,257,000

$1,000,000

$592,500 $317,000 $1,835,645

$1,500,000

$668,797 $235,000 $1,460,000

WEST SHORE LAKE TAHOE, CA. MEDIAN SALES PRICE

$822,500 $319,000

24 26 25 12 15 7 9 8 7

697,500 $

652,750 $ 750,000 $

JAN

AVG. DAYS ON MARKET

$

$ $

DEC

$24,000,000

$ 1,460,000 $ 1,835,645 $ 1,257,000 $ 2,275,000 $ 3,220,000 $ 7,500,000 $ 2,935,000 $ 4,750,000 $40,000,000

NOV

$750,000 $425,000

235,000 317,000 215,000 295,000 220,000 525,000 528,500 565,000 435,000

OCT

$510,000 $275,000 $2,450,000

JULY

JUNE

APR

AUGUST RESIDENTIAL SOLD

HIGHEST SALE

SEP

$652,750 $425,000 $3,000,000

$ $ $ $ $ $ $ $ $

MAY

FEB

MAR

DEC

NOV

SEP

JAN

LOWEST SALE

AUGUST

$697,500 $470,000 $885,000

AUGUST SEP OCT NOV DEC JAN FEB MAR APR MAY JUNE JULY AUGUST

MEDIAN SALES PRICE $ 668,797 $ 592,500 $ 676,000 $ 669,500 $ 570,000 $ 620,000 $ 895,000 $ 707,000 $ 1,075,000

MEDIAN SALES PRICE

$40,000,000

WEST SHORE LAKE TAHOE, CA

OCT

AUGUST

$-

$555,000 $273,000

$556,500 $160,000

$200,000

$594,000 $215,000 $1,650,000

$400,000

$595,000 $110,000

$3,300,000

$600,000

$4,850,000

$800,000

$630,000 $138,000

$7,000,000

NO. LAKE TAHOE, CA. MEDIAN SALES PRICE

$500,000 JAN

APR

JULY

AUGUST

AUGUST

MEDIAN SALES PRICE

JULY

JUNE

APR

MAY

FEB

MAR

JAN

DEC

NOV

OCT

AUGUST SEP

$-

Dickson Realty is dedicated to helping you keep a pulse on the local market and real estate related information by providing the latest news, trends, and issues affecting the area’s real estate market.

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA. CREDIT ESTABLISHED AND USED WISELY =HOME LOAN AT BEST RATES One of the main factors that will determine your loan rate is your credit score. Established credit is required to get a loan. If you have no credit score from lack of established credit, a lender will not give you a loan. If your score is low, your rate is affected negatively and it can cost you thousands and thousands of dollars over the life of a 30 year mortgage. If your score is below 600 or if you have had major issues such as a previous foreclosure or short sale, a lender may not give you a loan. It is important to know if you have good credit scores prior to going house shopping or trying to refinance your loan.

Below are some steps to establish credit and keep your credit scores high.

If you want to buy a home, it is important to make sure you establish credit. If it is the first time you are establishing any credit we suggest going to your bank and getting a secure credit card such as MasterCard or Visa. The bank may have you secure the card with cash if they are concerned about your ability to repay. Lenders are usually looking for 2-4 credit lines (aka trade lines) minimum from wellknown lenders (such as MC, Visa, American Express or large department stores) on your credit report. They want to see you have used credit and used it wisely prior to giving you a loan.

How do they tell if you are using it wisely? Lenders look at a client’s credit score to determine rate. If you have used credit wisely and for a long time your credit scores will reflect that with high scores. The best rates are provided to those with scores of 740 or higher. Lower credit affects the rate negatively. If

a 740 score would get you a 4% rate, then a 700 score may be .25% higher in rate, 680 score may offer .50% higher, and a 600 score may worsen your rate by a full percentage point. Below 600, a lender most likely will not offer you a loan at all. If you had a foreclosure or short sale, guidelines change often so you want to check with your lender to see if it is possible to get a loan given the time frame from the event.

Two best practices to show the lender that you are using credit wisely include showing a long term history of good credit, and keeping your current balances below 30% of the high balance limits.

Establishing newer credit, such as when you go to a department store and they offer to start credit for you to give you 10% off can affect your score negatively. It’s a new credit line and there is no history of established payments. Having a card for 2 years or more is a positive. The next step is using it wisely. Use those cards to show that you know how to use but keep the balances below 30% of the high balance limit. If your limit is 10,000 then don’t carry a balance of over $3,000.

As a lender we are always happy to help our client’s see what their credit scores are prior to them getting into contract on a house or in our annual reviews. We offer a complimentary report for our client’s. This allows us to help with any minor changes needed to assist in getting the best rates. If you have any questions on a home purchase or refinancing please give us a call. It’s important to keep in mind that you have to have established credit to get a loan. If you have no credit score you can’t get a loan.

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

July home sales and price report California’s housing market retreats for third straight month as affordability crunch dampens demand.

•

Existing, single-family home sales totaled 406,920 in July on a seasonally adjusted annualized rate, down 0.9 percent from June and down 3.4 percent from July 2017.

•

July’s statewide median home price was $591,460, down 1.9 percent from June and up 7.6 percent from July 2017.

•

California condominium/townhome median price hit another record high in July at $486,330.

LOS ANGELES (Aug. 16) – California’s housing market backpedaled in July on an annual basis for the third consecutive month as higher interest rates and rising home prices eroded housing affordability and dampened demand, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 406,920 units in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide

annualized sales figure represents what would be the total number of homes sold during 2018 if sales maintained the July pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

July’s sales figure was down 0.9 percent from the revised 410,800 level in June and down 3.4 percent compared with home sales in July 2017 of 421,460.

“In the midst of the peak homebuying season, high home prices and rising interest rates combined to crimp housing affordability, which in turn is subduing home sales,” said C.A.R. President Steve White.

“Some of the reluctance by buyers appears to be driven by fears that the market may be peaking.

Additionally, the lack of a federal tax incentive for homeownership could be at play given that much of the weakness is in the lowerpriced, first-time buyer segment of the market.”

The statewide median home price decreased to $591,460 in July. The July statewide median price was down 1.9 percent from $602,760 in June and up 7.6 percent from a revised $549,470 in July 2017.

“While home sales continued to decline in recent months, the softening of the market is more indicative of a market shift rather than a major market correction,” said C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young. “Despite the slowdown, there were some silver linings in the market in July. For example, homes priced

between $500,000 and $1 million posted modest gains of about 5 percent in July thanks to growing inventory. Additionally, every price segment above $1 million continued to enjoy double-digit sales gains.”

Other key points from C.A.R.’s July 2018 resale housing report include: On a regionwide, non-seasonally adjusted basis, sales in the Bay Area fell 7.1 percent monthly and increased 2.0 percent annually.

Sales in the Inland Empire declined 6.1 percent from June and were up a nominal 0.1 percent from a year ago. Sales in the Los Angeles metro region dropped 11.3 percent from June and were essentially flat from a year ago.

The erosion of affordability continues to drive the dynamics of the housing market in the Bay Area Region with the East Bay continuing to pick up sales as workers get priced out of the larger employment centers in the Peninsula and Silicon Valley.

Sales in Contra Costa and Alameda counties were up by more than 10 percent in July.

Sales in Napa County, one of the region’s more affordable areas, recorded a 13.9 percent gain as did Solano County – the most affordable market in the Bay Area. San Mateo County was the outlier amongst the Bay Area’s core employment centers, posting a 10.9 percent increase while sales in San Francisco and Santa Clara counties dropped 6.9 percent and 16.7 percent, respectively.

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Home sales in the Central Valley Region were down 1.3 percent from a year ago with only Kern, Merced, San Joaquin, and Tulare counties recording annual sales gains, while Fresno, Glenn, Kings, Madera, Placer, Sacramento, San Benito, and Stanislaus counties posted a sales decline from July 2017.

The Southern California Region housing market was essentially flat compared to last year with sales ticking up 0.1 percent. Ventura County led the region with a 9.4 percent sales increase, followed by a modest uptick of 1.3 percent in Riverside. The core employment centers of the region continued to struggle as Orange and Los Angeles counties saw sales declines of 0.9 percent and 1.4 percent, respectively. Sales in San Diego inched up 0.7 percent in July.

The Bay Area continues to see prices climb everhigher with many markets experiencing doubledigit growth in closed-sale prices. San Francisco, Santa Clara, and Alameda – all counties where more than half of the homes sold were over $1 million – each saw prices rise by more than 10 percent from last year. Prices in Sonoma were essentially flat, but the remainder of the region continued to experience healthy gains in the midto single- digits.

Home prices in Southern California continued to rise as well, despite posting lackluster sales. Price increases in every county were in the singledigits, though San Bernardino County saw prices rise by 9.7 percent. With the exception of Madera County, which suffered from recent major wildfires, every part of the Central Valley saw prices rise as well.

Statewide active listings improved for the fourth consecutive month after 33 straight months of declines, increasing 11.9 percent from the previous year. July’s listings increase was the biggest in more than three years, and the number of active listings was the greatest supply of homes on the market in nearly two years.

Much of the listings increase is attributable to lower-priced properties. With the exception of homes priced under $300,000, every price segment posted a double-digit increase in active listings in July.

The unsold inventory index, which is a ratio of inventory over sales, edged up to 3.3 months in

July from 3.2 months in July 2017. The index measures the number of months it would take to sell the supply of homes on the market at the current sales rate.

The median number of days it took to sell a California single-family home remained low at 18 days in July, ticking up from 16 days in July 2017.

C.A.R.’s statewide sales price-to-list price ratio* declined from a year ago for the first time in three years, dipping from 100.0 in July 2017 to 99.6 percent in July 2018.

The average statewide price per square foot** for an existing, single-family home statewide was $289 in July, up from $270 in July 2017.

The 30-year, fixed-mortgage interest rates averaged 4.53 percent in July, down from 4.57 percent in June and up from 3.97 percent in July 2017, according to Freddie Mac. The five- year, adjustable mortgage interest rate, however, edged higher in July to an average of 3.84 percent from 3.82 percent in June and from 3.22 percent in July 2017.

Price per square foot nears record high.

Note: The County MLS median price and sales data in the tables are generated from a survey of more than 90 associations of REALTORS® throughout the state and represent statistics of existing single-family detached homes only. County sales data are not adjusted to account for seasonal factors that can influence home sales. Movements in sales prices should not be interpreted as changes in the cost of a standard home. The median price is where half sold for more and half sold for less; medians are more typical than average prices, which are skewed by a relatively small share of transactions at either the lower-end or the upper-end. Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold. The change in median prices should not be construed as actual price changes in specific homes. *Sales-to-list price ratio is an indicator that reflects the negotiation power of home buyers and home sellers under current market conditions. The ratio is calculated by dividing the final sales price of a property by its last list price and is expressed as a percentage. A sales-to-list ratio with 100 percent or above suggests that the property sold for more than the list price, and a ratio below 100 percent indicates that the price sold below the asking price. **Price per square foot is a measure commonly used by real estate agents and brokers to determine how much a square foot of space a buyer will pay for a property. It is calculated as the sale price of the home divided by the number of finished square feet. C.A.R. currently tracks price-per-square foot statistics for 50 counties.

Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with more than 190,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles. ###

July 2018 County Sales and Price Activity (Regional and condo sales data not seasonally adjusted)

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

CA Median Price Dipped Slightly after Setting a New Record High California, July 2018: $591,460, -1.9% MTM, 7.6% YTY $700,000

Jul-17: $549,470

$600,000

Jul-18: $591,460

$500,000 $400,000 $300,000 $200,000 $100,000

Se

Ja

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$-

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

Sales Declined for the 3rd Consecutive Month California, July 2018 Sales: 406,920 Units, -1.4% YTD, -3.4% YTY 700,000 600,000 Jul-17: 421,920

500,000

Jul-18: 406,920

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

n05

SERIES: Sales of Existing Single Family Homes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS速

*Sales are seasonally adjusted and annualized

Price Per Square Foot Remained Near Record High

Condo/Townhome Market Set Another New Record High Median Price

July 2018: $289, Down 0.3% MTM, Up 7.0% YTY

$600,000

Jul-17: $270

Jul-18: $289

$250 $200 $150

$400,000 Jul-17: $443,160

$300,000

Jul-18: $486,330

$200,000 $100,000

$100

Jul-17

Dec-17

May-18

Apr-16

Feb-17

Sep-16

Jun-15

Jan-15

Nov-15

Oct-13

Mar-14

Aug-14

Jul-12

May-13

Feb-12

Dec-12

Sep-11

Jun-10

Apr-11

Jan-10

Nov-10

Oct-08

Mar-09

Aug-09

Jul-07

May-08

Feb-07

Dec-07

Sep-06

Jan-05

Ja

n07 Ju l-0 Ja 7 n08 Ju l-0 Ja 8 n09 Ju l-0 Ja 9 n10 Ju l-1 Ja 0 n11 Ju l-1 Ja 1 n12 Ju l-1 Ja 2 n13 Ju l-1 Ja 3 n14 Ju l-1 Ja 4 n15 Ju l-1 Ja 5 n16 Ju l-1 Ja 6 n17 Ju l-1 Ja 7 n18 Ju l-1 8

$0

Jun-05

$0

$50

Apr-06

PRICE PER SQ. FT.

$300

Median Price

$350

Condo

$500,000

$400

Nov-05

Ja

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-

SERIES: Median Price Per Square Feet of Existing Single Family Homes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS速

SERIES: Median Prices of Existing Condos/Townhomes SOURCE: CALIFORNIA ASSOCIATION OF REALTORS速

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

ANCIENT ORIGINS OF TRICK-OR-TREATING

Halloween has its roots in the ancient, pre-Christian Celtic festival of Samhain, which was celebrated on the night of October 31. The Celts, who lived 2,000 years ago in the area that is now Ireland, the United Kingdom and northern France, believed that the dead returned to earth on Samhain. People would gather to light bonfires, offer sacrifices and pay homage to the deceased.

DID YOU KNOW? Although it is unknown precisely where and when the phrase “trick or treat” was coined, the custom had been firmly established in American popular culture by 1951, when trick-ortreating was depicted in the Peanuts comic strip. In 1952, Disney produced a cartoon called “Trick or Treat” featuring Donald Duck and his nephews Huey, Dewey and Louie.

During some Celtic celebrations of Samhain, villagers disguised themselves in costumes made of animal skins to drive away phantom visitors; banquet tables were prepared and edible offerings were left out to placate unwelcome spirits.

In later centuries, people began dressing as ghosts, demons and other malevolent creatures, performing antics in exchange for food and drink. This custom, known as mumming, dates back to the Middle Ages and is thought to be an antecedent of trick-or-treating.

EARLY CHRISTIAN AND MEDIEVAL ROOTS OF TRICK-OR-TREATING

By the ninth century, Christianity had spread into Celtic lands, where it gradually blended with and supplanted older pagan rites. In 1000 A.D. the church designated November 2 as All Souls’ Day, a time for honoring the dead. Celebrations in England resembled Celtic commemorations of Samhain, complete with bonfires and masquerades. Poor people would visit the houses of wealthier families and receive pastries called soul cakes in exchange for a promise to pray for the souls of the homeowners’ dead relatives. Known as souling, the practice was later taken up by children, who would go from door to door asking for gifts such as food, money and ale.

In Scotland and Ireland, young people took part in a tradition called guising, dressing up in costume and accepting offerings from various households. Rather than pledging to pray for the dead, they would sing a song, recite a poem, tell a joke or perform another sort of “trick” before collecting their treat, which typically consisted of fruit, nuts or coins.

The Catholic pope. By the early 19th century, children bearing effigies of Fawkes were roaming the streets on the evening of November 5, asking for “a penny for the Guy.”

TRICK-OR-TREATING IN THE UNITED STATES Some American colonists celebrated Guy Fawkes Day, and in the mid-19th century large numbers of new immigrants, especially those fleeing the Irish Potato Famine in the 1840s, helped popularize Halloween. In the early 20th century, Irish and Scottish communities revived the Old World traditions of souling and guising in the United States. By the 1920s, however, pranks had become the Halloween activity of choice for rowdy young people, sometimes amounting to more than $100,000 in damages each year in major metropolitan areas.

The Great Depression exacerbated the problem, with Halloween mischief often devolving into vandalism, physical assaults and sporadic acts of violence. One theory holds that it was the excessive pranks on Halloween that led to the widespread adoption of an organized, community-based trickor-treating tradition in the 1930s. This trend was abruptly curtailed, however, with the outbreak of World War II, when children had to refrain from trick-or-treating because of sugar rationing.

At the height of the postwar baby boom, trick-or-treating reclaimed its place among other Halloween customs, quickly becoming standard practice for millions of children in America’s cities and newly built suburbs. No longer constrained by sugar rationing, candy companies capitalized on the lucrative ritual, launching national advertising campaigns specifically aimed at Halloween. Today, Americans spend an estimated $6 billion annually on Halloween, making it the nation’s second-largest commercial holiday.

GUY FAWKES NIGHT CELEBRATIONS Still another potential trick-or-treating predecessor is the British custom for children to wear masks and carry effigies while begging for pennies on Guy Fawkes Night (also known as Bonfire Night), which commemorates the foiling of the socalled Gunpowder Plot in 1605. On November 5, 1606, Fawkes was executed for his role in the Catholic-led conspiracy to blow up England’s parliament building and remove King James I, a Protestant, from power. On the original Guy Fawkes Day, celebrated immediately after the famous plotter’s execution, communal bonfires, or “bone fires,” were lit to burn effigies and the symbolic “bones” of

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

OCTOBER 2018 SUN

MON 30

TUES 01

WED

14 Truckee River Day

08 Columbus Day

04 Lake Tahoe “Paw’s for the Cause” fundraiser

05 Halloween Harvest Festival

06

09

10

11 Lake Tahoe “Paw’s for the Cause” fundraiser

12 Halloween Harvest Festival

13

16

17

Certified Farmer’s Mkt

Truckee Haunted Tour

19 Truckee Haunted Tour

20 Big Truck Day

Rotary Cadillac Ball

22

23

24 Full Moon Hike

25

28

29

30

31 Halloween

01

07

08

05

Truckee Chamber’s Awards Dinner

18

21 Big Truck Day

04

SAT

03

Certified Farmer’s Mkt.

15

FRI

02 Certified Farmer’s Mkt.

07 Great Trail Race

THUR

06

26 TRUCKEE HALLOWEEN PARADE

02

27

03

DAYLIGHT SAVINGS; set clocks

09

10

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Date and Event

Where Held

Time

Contact Info.

Details

10/2, 10/9, 10/16 Certified Farmer’s Market; Final Days

Truckee Regional Park 10050 Brockway Road

10/4, 10/11 “Paw’s For the Cause” Annual fundraiser Pledge Drive

Lake Tahoe Humane Society

10/05, 10/7, 10/12, 10/14 Halloween Harvest Festival

Resort at Squaw Creek Squaw Valley

10/7 Great Trail Race Mountain Bike or Trail Running

Truckee-START Tahoe CityFINISH

9:00 am 3:00 pm

10/12 Truckee Chamber’s Annual Awards Dinner

Ritz-Carlton Lake Tahoe 13031 Highlands Heights, Truckee

5:00 pm 9:00 pm

www.truckeeawards.com

Join Truckee Chamber for our 65th Annual Awards Dinner & Auction as we celebrate making Truckee our Base Camp for a Big Life. This is a special night when the business community comes together to celebrate Truckee … honor and recognize individuals and businesses that are living the big life and making significant contributions to continue taking Truckee to new heights!

10/14 23RD Annual TRUCKEE RIVER DAY

Various locations Free! But registration is required.

9:00 am 3:00 pm

Call (530) 550-8760 ext.

4# or email mprestowitz@truckee riverwc.org

Join us for a day of river, meadow and wetland restoration. You will be working side-by-side with other volunteers to plant restoration sites with seedlings and willows, mulch sensitive areas, and more. Projects start at either 9am or 11am and end between 2pm and 3pm.

Come to the Truckee Regional River Park each Tuesday for fresh produce, vegetables, fruit, flowers, berries, melons, greens, tomatoes, prepared foods, crepes, baked goods, fish and meat, olive oil, and handmade artisan goods.

8:00 am 1:00 pm

Your support will help us restore critical animal welfare service programs in Lake Tahoe – Spay & Neuter, Charitable Medical, Vaccinations, and more! The organization is in a dire financial situation and we need your financial support. We do not receive any city, state or federal funding, nor are we funded by any national organization. We rely solely on donations from our generous community - People just like you!

Join Paws for the Cause - help us, help them!

Pledge On Line www.Donatenow workforgood.com

All day events; (530) 4127034

Join us over two weekends for our annual Harvest Fest celebration!

Taking place on October 5-7 and 12-14 this year the event will also be paired with Halloween themed happenings. Celebrate the changing of the seasons with events like our apple bobbing contest, fishing derby, face painting, pumpkin decorating, and more.

www.resortat squawcreek.com

WWW.GREATTRAILRACE. COM

BENEFIT EVENT

The Great Trail Race travels a multi surface route from Truckee to Tahoe City. You choose to run or mountain bike one of two course options, Elite or Classic. The Elite division course adds in more technically challenging terrain. Make the event the goal of your summer training, then dig deep and beat your age-group rivals. Or set your own pace and enjoy a beautiful Truckee Tahoe mountain bike ride, Truckee Tahoe trail run or walk through the Sierra forest.

Whatever your speed, wear the T-shirt with pride year-round, knowing that your participation helped others through supporting Tahoe Nordic Search and Rescue. Both the Elite and Classic Courses start in Truckee and finish at the Highlands Community Center (also known as Tahoe Cross Country) 925 Country Club Dr.,Tahoe City, CA 96145.

To participate in Truckee River Day please register online. Registration is required and will open approximately one month before Truckee River Day. It was that first Truckee River Day in 1996 that spawned today’s Truckee River Watershed Council. Since then thousands of nature-lovers have shown up yearly with their gumboots, buckets, shovels and smiles to take on 100s of restoration projects throughout the watershed.

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

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OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Date and Event 10/18, 10/19

Where Held

Time

Contact Info.

Downtown Truckee

5:00 pm 10:00 pm

www.truckeehistorytour.org

Join us for an unforgettable night of Truckee history on this fun and rowdy tour! The Tour features engaging tales performed by talented characters at six historical sites in Downtown Truckee.

Buy your tickets early - the Historical Haunted Tour sells out fast!

Tours leave every 15 minutes, from 5-8pm, and last approximately one hour and 45 minutes each.

Fees/Admission $47.00 (Over 21 only)

OLYMPIC VILLAGE LODGE 1901 Chamonix Place, Olympic Valley

6:00 pm

www.cadillacball.com

Event Description: Truckee's oldest formal event and fundraiser, benefiting local nonprofits, educational programs, our senior community and much, much more!

Dance to the Music of Wonderbread 5 Gourmet Passed Appetizers Buffet Dinner and Salad Bar *****Huge silent auction***** All proceeds go to benefit local nonprofit and charitable organizations in the Truckee-Tahoe area.

Tickets $150

Truckee Town Corporation Yard

11:00 am 2:00 pm

www.tdrpd.org

Bring your child, of any age, by the Town Corporation Yard (past the Forest Service building on Stockrest Springs Rd.) for a hands-on, up-close day with heavy equipment! Let us know if you have a big truck or equipment you would like to make available for display that day! Please call 530-550-4457.

Truckee Haunted House Tour Adults Only Event

10/19 Truckee Rotary ANNUAL CADILLAC BALL FUNDRAISER Adults Only Event

10/20, 10/21 Big Truck Day Kid’s event

10/24

North Lake Tahoe

Paws for the Cause - Lake Tahoe Humane Society 5:00 pm 8:00 pm

www.tahoeadventure company.com

Full Moon Hike 530-913-9212 $65/per person

10/26 TRUCKEE HALLOWEEN PARADE

Details

Downtown Truckee and Community Arts Center 10046 Church St

6:00 pm 9:00 pm

www.tdrpd.org

Join Tahoe Adventure Company for one of our very special Full Moon Treks through the brisk mountain air of Lake Tahoe's pristine forests.

After meeting the group and previewing the trip, you will set off into the sunset. Watch the sun cast a purple alpenglow onto the Sierras while hiking through Tahoe's peaceful forest. As we travel by moonlight, our knowledgeable guides will discuss Natural History and Astronomy topics as well as fascinating facts about our moon. We will also stop along the way to take in the beautiful views and enjoy snacks and hot drinks. This tour is popular with all levels, ages and abilities.

Tour includes knowledgeable guide, natural and human history discussions, permit fees, trail snacks, and hot drinks.

Typical Distance and Time: 2-4 miles. 2+ hours on trail.

Level of Difficulty: Easy to Moderate

For children of all ages - Parade through downtown Truckee to the TDRPD Community Arts Center then Trick or Treat through the Art Center, where each room has decorations and candy. If you are a business and would like to participate in handing out candy, please contact us @ 530-550-4444.

The Parade leaves the Truckee Train station at 6pm sharp.

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

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OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, 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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OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

IN AUTUMN, DON’T GO TO JEWELERS TO SEE GOLD; GO TO THE PARKS ~Mehmet Murat ildan~

Autumn in Truckee is one of the best times of the year to visit. From fun events, cooler temps, to stunning fall foliage scenery. Here is a list of our favorite Truckee hiking trails to help your harvest the best of autumn here in Truckee!

Sagehen Creek Trail 2.5 mile single track trail from 89N at Sagehen Creek to Stampede Reservoir.

Waddle Ranch Preserve Hikers and nature lovers enjoy this hike through meadows and over creeks that leads to Lake Ella and Martis Creek Lake in Martis Valley. The trailhead is located just off of Hwy 267 before Northstar.

Loch Leven Lakes Hikers who enjoy swimming in alpine lakes are drawn to this scenic hike that leads to four lakes at the end of Donner Summit Trail.

Commemorative Emigrant Trail Single track trail following Alder Creek out to Stampede Reservoir, following in a historic path of pioneers in the 1800s.

Martis Peak Hike 8 mile hike from just south of Brockway Summit on HWY

267 to the Martis Peak fire lookout, with about 1700 ft in elevation gain.

Sawtooth Trail 9-mile single track trail with great vistas.

Donner Camp Trail at Alder Creek – Historical Site Interpretive 1/3 mile trail with plaque commemorating where part of the Donner Party camped near Alder Creek, trapped during the severe winter of 1846-47.

Prosser Creek Reservoir A popular local recreation spot, four miles from downtown Truckee with single track and dirt roads weaving through the woods and around the reservoir. Camping is available at the north end.

Lakeshore Interpretive Trail 2.5 mile path along Donner Lake, with Donner Memorial State Park history and ecology exhibits along the way.

Donner Summit Canyon The trails of this historic area off of Old Hwy 40 on Donner Summit follow clear creeks and look directly down on Donner Lake. Only nonmotorized vehicles are allowed on the trails that follow the old train tunnels.

Martis Creek Wildlife Area Trail 4.1 mile easy to moderate hiking loop.

Truckee River Legacy Trail A 6-mile paved bike path (plowed in winter) along the Truckee River from Truckee River Regional Park to Glenshire neighborhood and accessing Riverview Sports Park with historical and art landmarks.

Johnson Canyon Trails leading through Johnson Canyon connect with Summit Lake to the west or Glacier Way and the Donner Rim Trail in Tahoe Donner to the east.

Trout Creek Trail Walk, jog, or bike from historic downtown Truckee at bridge street to Tahoe Donner up a beautiful canyon filled with pine forests and Aspen trees.

Listen to Trout Creek babble and birds sing while you enjoy this trail’s secluded feel.

Donner Lake Rim Trail Multi-use single track trail on the mountains and ridges surrounding Donner Lake.

Currently 15 of the planned 23-mile trail are open (9 of those for bicycle use.)

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

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

NEWS YOU CAN USE

OCTOBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

9 Things to Do When Daylight Saving Time Ends November 4, 2018 Changing the clocks isn't the only important "fall back" task. Sure, you're probably looking forward to that extra hour of sleep you get each fall when we turn the clocks back. But a little more shuteye (and the threat of being an hour early to work on Monday) aren't the only things Daylight Saving Time should signal. Use this time to take care of important biannual tasks around your home.

1. Change the batteries in your smoke detectors.

You've likely heard this one before, but it's worth repeating. Take the time to make sure your smoke alarms and carbon monoxide detectors are in working order and have fresh batteries.

Flames can consume a home in as little as five minutes, and the risk of dying in a fire is cut in half in homes with working smoke alarms.

2. Flip your mattress.

To make sure your mattress wears evenly, you should flip it every six months. Got a pillowtop?

Just rotate it instead of turning it over.

6. Vacuum out your dryer's vent and ducts.

Lint lodged in the vent pipes, the space behind the dryer, and ducts outside your home is often the cause of dryer fires. Your vacuum's crevice tool can help you get the job done.

7. Replace or clean filters around your house.

You should inspect the filters in your heating and air-conditioning units to make your systems are still running well, but also check the water filter in your fridge and HEPA filter in your vacuum.

8. Clean the oven.

In preparation for holiday parties, make sure your kitchen is in tip-top shape by running your oven's self-cleaning function — or getting on your hands and knees and doing some old-fashioned scrubbing.

9. Check your emergency kit.

If you've depleted your supply of flashlight batteries, bandage, and other just-in-case items over the past six months, use this time to restock.

Set back your clocks at midnight November 3rd

3. Wash your pillows.

Oils from your face, dead skin, and dust mites accumulate in your pillow over time, so they need a good cleaning twice a year.

Owned a pillow for more than two years?

Replace it.

4. Take stock of your medicine cabinet and pantry.

Now is a great time to declutter your stash of food and medical supplies. Toss anything that has expired.

5. Clean your fridge's coils.

To keep your unit running efficiently, use your vacuum's wand to suck away layers of dirt and dust.

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