Dickson Truckee Newsletter - December 2017

Dickson Realty’s December 2017 Newsletter Truckee Tahoe Donner Alpine/Squaw Golf Course Communities North & West Shores Lake Tahoe, CA

NEWS YOU CAN USE Table of Contents

Page

Nakoma Resort, Clio CA

2

Truckee Office Greetings

3

Sales January - October

4-6

Guild Mortgage Corner

7

At a Glance Calendar of Events for December

8

Calendar of Events Detailed Information

9-13

Ski Resort Season Dates

14

Wonderful New Year!

15

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

Dickson Realty’s December 2017 Newsletter Dickson Realty is pleased to announce it is now the exclusive agent for Nakoma.

Please contact our Nakoma office if you are interested in knowing more about this new dynamic project in Plumas County.

Visit their website at www.nakomaresort.com or contact: Sales Team in the Dickson Sales Office at Nakoma, (530) 322-3320, or sales@nakomaresort.com.

Visit Nakoma and the Lost Sierra and lose your heart to the mountains, the trees, the endless lakes, the peace and quiet. You may someday consider calling this area your home away from home. A real place — not a flight of fantasy, but a feet- on-the ground kind of feeling where you can embrace your love of nature and share your good fortune with your family and friends. Nakoma is making it easier than ever to own, with shared ownership of Residence Club at Nakoma, or a ready-built Ascend home near the resort core.

Perhaps a custom-built home reflects exactly what you want in the place you choose to be… a place where mountain meets modern and adventure has amenities. Let our Nakoma team help you explore this new and exciting area.

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

Dickson Realty’s December 2017 Newsletter The following Residential Sales Statistics presented for your interest are for the areas of: Truckee Area (Inclusive), Tahoe Donner, Alpine/Squaw North Lake Tahoe, California West Shore Lake Tahoe, California and Golf Course Communities of Gray’s Crossing, Lahontan, Old Greenwood, Schaffer’s Mill and Martis Camp These sales statistics are for sales by price range and the percentage of sales within each price range. Additionally, please note in the right hand columns the number of listings that are currently active within the price ranges and the months of market inventory they represent. The sales reported are for all single family homes and condo/townhouse sales in each of the areas. Statistics are sourced from the Tahoe Sierra Multiple Listing Service as of 1/1/2017 through 10/31/2017.

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 possess the most current and comprehensive market information and knowledge to enable them to be expert guides in your real estate endeavors. Contact us to become yet another satisfied client. Please visit our office soon, so we can assist you in achieving your dream.

Office:Phone:530-587-7444. Fax:530-587-8064 Email:truckeeinfo@dicksonrealty.com

Best wishes for a glorious winter season from the Truckee Team

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

Dickson Realty’s December 2017 Newsletter

RESIDENTIAL SOLD TAHOE DONNER January 1, 2017 - October 31, 2017

RESIDENTIAL SOLD TRUCKEE January 1, 2017 - October 31, 2017 SOLD PRICE RANGE

Residences Percent of Sold Sales

Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

109 228 156 66 68 48 37 712

15% 32% 22% 9% 10% 7% 5%

Current Months of Active Inventory Listings 13 1.19 39 1.71 37 2.37 19 2.88 44 6.47 37 7.71 34 9.19 223

SOLD PRICE RANGE Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

Truckee Sales Jan.-Oct. Price Range and % Sales

800 700 600 500 400 300 200 100 0

Percent of Sales

Source: Tahoe Sierra Multiple Listing Service as of 10/31/2017

52 97 81 40 21 1 0 292

Current Active Listings

18% 33% 28% 14% 7% 0% 0%

6 12 13 7 16 0 0 54

Months of Inventory 1.15 1.24 1.60 1.75 7.62 0.00 0.00

Tahoe Donner Sales Jan.-Oct. Price Range and % Sales 0.35 0.3 0.25 0.2 0.15 0.1 0.05 0

Residences Sold

Residences Percent of Sold Sales

350 300 250 200 150 100 50 0

0.35 0.3 0.25 0.2 0.15 0.1 0.05 0

Residences Sold

Percent of Sales

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

Dickson Realty’s December 2017 Newsletter RESIDENTIAL SOLD NORTH LAKE TAHOE, CA. January 1, 2017 - October 31, 2017 SOLD PRICE RANGE

RESIDENTIAL SOLD WEST LAKE TAHOE, CA January 1, 2017 - October 31, 2017 Residences Percent of Sold Sales

Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

60 61 57 23 26 11 7 245

24% 25% 23% 9% 11% 4% 3%

Current Months of Active Inventory Listings 14 2.33 19 3.11 16 2.81 9 3.91 12 4.62 11 10.00 8 11.43 89

SOLD PRICE RANGE Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

No. Lake Tahoe Sales Jan.-Oct. Price Range and % of Sales 25% 20% 15% 10% 5% 0%

Residences Sold

Percent of Sales

Source: Tahoe Sierra Multiple Listing Services as of 10/31/2017

16 47 38 12 15 9 11 148

Current Active Listings

11% 32% 26% 8% 10% 6% 7%

2 6 19 8 7 7 7 56

Months of Inventory 1.25 1.28 5.00 6.67 4.67 7.78 6.36

West Lake Tahoe Sales Jan.-Oct. Price Range. and % of Sales 30%

300 250 200 150 100 50 0

Residences Percent of Sold Sales

160 140 120 100 80 60 40 20 0

0.35 0.3 0.25 0.2 0.15 0.1 0.05 0

Residences Sold

Percent of Sales

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

Dickson Realty’s December 2017 Newsletter

RESIDENTIAL SOLD GOLF COURSE COMMUNITIES January 1, 2017 - October 31, 2017

RESIDENTIAL SOLD ALPINE/SQUAW January 1, 2017 - October 31, 2017 SOLD PRICE RANGE

Residences Percent of Sold Sales

Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

20 27 14 7 12 7 0 87

23% 31% 16% 8% 14% 8% 0%

Current Months of Active Inventory Listings 17 8.50 16 5.93 17 12.14 12 17.14 6 5.00 14 20.00 5 0.00 87

SOLD PRICE RANGE

30 25 20 15 10 5 0

Percent of Sales

Source: Tahoe Sierra Multiple Listing Service as of 9/30/17

Martis Camp

Residences Percent of Sold Sales 0 1 2 5 22 32 33 95

Current Active Listings

0% 1% 2% 5% 23% 34% 35%

Months of Inventory

0 0 0 3 9 19 22 53

0.00 0.00 0.00 6.00 4.09 5.94 6.67

Golf Course Communities Sales Jan.-Oct. Price Range and % Sales 0.35 0.3 0.25 0.2 0.15 0.1 0.05 0

Residences Sold

Shaffer's Mill

Lahontan Old Greenwood

Under $400,000 $400,001-$600,000 $601,000-$800000 $801,000-$1,000,000 $1,001,000-$1,500,000 $1,501,000-$3,000,000 $3,001,000 +

Alpine/Squaw Sales Jan.-Oct. Price Range and % of Sales

Gray's Crossing

100 80 60 40 20 0

0.4 0.35 0.3 0.25 0.2 0.15 0.1 0.05 0

Residences Sold

Percent of Sales

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

Dickson Realty’s December 2017 Newsletter

Home Equity Lines of Credit ...should you get out of them NOW? What is a home equity line of credit? Also known as a “HELOC”, a home equity line gives you access to your home’s equity via an open line of credit.

Terms can vary lender to lender but most are 10 or 15 year loan terms and then become due/payable. They are adjustable rate lines of credit, interest only loans, and have no interest rate caps. Many folks use them for small home projects, short term cash funds, or when purchasing a home with less than 20% down.

Dangers of home equity lines come when people have these open lines of credit for large amounts but are unable to pay them to zero should interest rates rise. Rates are predicted to rise for these types of loan in the next 14 months. The Federal Reserve has stated they will most likely raise rates in December 2017 and then three times in 2018. Rates in the Reagan Era went to over 18% on these types of loans. Many home equity lines are currently low, some 4.25%-5%. While payments which are interest only now are very manageable, a big jump in payment may be very hard for many consumers to handle and make it very hard to pay down to zero.

Why is now a good time to consider refinancing these lines of credit? Because long term interest rates are still low, but are predicted to go higher. So rather than wait for an unforeseeable future, why not see if you qualify now to have one fixed loan? It will add security to an unpredictable rate future.

There are 3 ways to remove a HELOC: Refinance the HELOC into a new primary mortgage (if you currently have a mortgage, we can wrap the two together into one new loan) Pay off the HELOC with your cash Renegotiate with HELOC lender to put a fixed 2nd mortgage in place (usually rates are very high on these) We can help with refinancing to pay off your HELOC.

If you have any questions regarding HELOC’s, refinancing or purchasing a home, please feel free to reach out to The Rice Team. Please feel free to contact us at 530.582.9991 or teamrice@guildmortgage.net.

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

Dickson Realty’s December 2017 Newsletter Sunday

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Monday

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Tuesday

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Wednesday

29

Thursday

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Friday

01 Festive Fridays Downtown Truckee

03

04

05

06

07

08

Saturday

02 Glenshire Elementary’s Holiday Breakfast Benefit

09

Festive Fridays Downtown Truckee

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11

12

13

14

Elves Workshop Truckee

15 Festive Fridays Downtown Truckee NORTHSTAR’S NOEL NIGHT

17 AT A GLANCE CALENDAR See more specific event details on the following pages.

We wish you joy and peace this holiday season!

December

2017

Tahoe Donner Customer Appreciation Day Squaw/Alpine Olympic Vlg. 17th-24th see events detail calendar

24

31 NEW YEAR’S EVE

21

22

16 Pictures with Santa Mtn. Hardware Truckee

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18

19

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The Twisted Nutcracker Olympic Vlg.

The Twisted Nutcracker Olympic Vlg.

Jazz for the Holidays Olympic Vlg.

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27

28

29

30

01

02

03

04

05

06

ToccataTahoe Symphony presents The Messiah

NEW YEAR’S DAY

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

Dickson Realty’s December 2017 Newsletter Date and Event

Where Held

Time

Cost

Weekly

Details about Event

ON GOING EVENTS TO MARK ON YOUR CALENDARS

Mondays On-Going Song Group

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

6:15 p.m.

7:30 p.m.

$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 p.m.

6:00 p.m.

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

Wednesdays New Art Class Series

Art Truckee 10072 Donner Pass Road Truckee

6:30 p.m.

8:00 p.m.

Fridays On-Going Crafting

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

4:00 p.m.

5:00 p.m.

Contact Michelle Erskine at: info@arttruckee.com to find out the most current schedule of classes being offered. Offerings vary and class fees are subject to either early registration prices or regular prices and a materials fee.

Free

FREE! All Craft event every Friday; all ages welcome. No reservations required.

Craft changes weekly.

Call for questions: (530) 600-3388 or e-mail: tahoemodernmakers@gmail.com

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

Dickson Realty’s December 2017 Newsletter

Date and Event

Where Held

Time

Cost

Details about Event

Weekly

ON GOING EVENTS TO MARK ON YOUR CALENDARS G

Wednesdays The Old Streets of Truckee

Cottonwood Restaurant 10142 Rue Hilltop Truckee

Seating from 5-6pm Show starts at 6:30-8pm

$45 per person, includes dinner and the show.

Tax, gratuity and alcohol are not included.

The Old Streets of Truckee Richard Blair presents the history of Truckee in the late 1800's through a musical and theatrical performance. Step back in time and join us for an unforgettable evening at the Cottonwood Dining Room.

Contact Information: Cottonwood Restaurant 530-587-5711

Sundays The Art of Mixology

The Ritz-Carlton Lake Tahoe

3:00 p.m.

4:00 p.m.

$50 per person Exclusive of tax and gratuity.

Must be 21 yrs. or older

The entertaining educational experience will feature how to create unique cocktails paired with appetizers. Each week is a different demonstration and activity.

24 Hour advance reservations are required through Manzanita Reservations at (530) 562-3051.

Check Schedules

Atelier 10128 Donner Pass Road Truckee

Varies

Varies

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 See the their many December offerings from Loom Weaving, making Felted Gnomes, Memory Boxes, Introduction to Nature Drawing, making Felted Scarves, Woven Beaded Rings, Metal Stamping, Crochet Rage Rug, Pattern Design.

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

Dickson Realty’s December 2017 Newsletter Date and Event

Where Held

Time

Cost

Details about Event

December 2nd Pancake Breakfast Fund Raiser for Glenshire Elementary School

Glenshire Elementary School 10990 Dorchester Drive (530) 582-7675

8:00 a.m.

11:00 a.m.

$7.00 per person or $25 for party of 4

Visit Santa and enjoy a pancake breakfast, choral performance, crafts, games, face painting and much more at our annual community event and school fundraiser!

For more information visit Facebook/GES Breakfast with Santa

December 1st thru 15th Festive Fridays

Historic Downtown Truckee

4:00 p.m.

8:00 p.m.

Free

Downtown shops stay open later on the first three Fridays in December. Free parking after 4:00 PM - compliments of the Truckee Downtown Merchants Association, Town of Truckee, and the Truckee Chamber of Commerce.

Stroll around beautifully lit downtown, take advantage of special promotions and stay for dinner!

December 10 Community Artsspecific 11:00 a.m.

At th a Glance calendar; see detailsCenter on following pages 4:00 p.m.

Elves Workshop 10046 Church St.

$10.00

We welcome children into the Elves Workshop! Here they will make gifts for their friends and family.

While your children are hard at work, the adults are invited to shop for unique holiday gift in our gift shop, and indulge in libations, food, coffee, and treats. There will also be a puppet play and story telling.

Come Hungry! Enjoy seasonal soups, fresh breads, tea, coffee and treats.

Workshop Details: There will be six individual crafts for the children to make and you may choose to have them complete as many as you desire. Workshops are for children ages 4 and up.

Waldorf Gift Shop: We will host a simple but well stocked shop for you to purchase holiday gifts.

Silent Auction Table: Bid on items from ski passes to wine baskets!

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

Dickson Realty’s December 2017 Newsletter

Date and Event

Where Held

Time

Cost

Details about Event

December 15th Northstar’s Noel Night

The Village at Northstar

5:00 p.m.

8:00 p.m.

Bring your season pass to easily download your pictures with Santa Bring 2 cans of food to donate to the Truckee Community Christmas organization helping local families in need and receive $5.00 off ice skate rentals!

The Village transforms into a winter wonderland featuring horse-drawn sleigh rides, outdoor ice skating, pictures with Santa and s’mores and hot cocoa by the fire pits. The perfect opportunity for the last minute holiday card picture and to create new holiday traditions. Stroll throughout the Village while the hum of holiday music plays and the smell of fresh baked s’mores fills the air.

November 16th Pictures with Santa

Mountain Hardware & Sports 11320 Donner Pass Road Truckee

11:00 a.m.

2:00 p.m.

Free

Pictures with Santa MHS will offer free photos by a professional local photographer Special Guest This year Santa is bringing a very special guest to the store Workshop We will soon give more information about our first holiday workshop and how to RSVP FOR MOR INFORMATION: Http://mountainhardwareandsports.com or (530) 587-4844

$5.00 per person

Tahoe Donner Downhill Ski Area appreciates loyal customers who continue to come year after year, so all day long everyone may ski for just $5. Bring the whole family for a day packed full of fun.

At a Glance calendar; see specific details on following pages

November 17th Customer Appreciation Day at Tahoe Donner

Tahoe Donner Downhill Ski Area 11603 Snowpeak Way, Truckee

10:00 a.m.

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

Dickson Realty’s December 2017 Newsletter Date and Event December 17th thru December 24th

Where Held Squaw Valley/Alpine Meadows and Olympic Village

Time All Day

Cost Free

Jazz for the Holidays

This two week festival has too many events to list. Please go to https://squawalipine.com/holidays to get a full schedule of all the offerings for the whole family: Santa, Horse Drawn Sleigh Rides, Reading with Santa, Ice Garden (Polar Express rides and ice carving demonstrations), Concerts (details below), Moonlit Snowshoe Tour & Dinner, Ski & Ride with Jonny Moseley and New Year’s Celebration.

Merry Days and Holly Nights And Merry Wonderland

December 20th

Details about Event

Special mention: The Twisted Nutcracker December 18th and 19th in Olympic Village. 6:00 – 8:30 p.m. Adults $24, Children $15

Olympic Valley 1901 Chamonix Way

5:30 p.m. preshow reception Doors open 6:30 Show starts 7:00 Ends 9:00 p.m.

December 23rd

Olympic Valley 5:30 p.m.

1901 Chamonix 8:30 p.m.

At a Glance calendar; see specific Pre show reception TOCCATA Way details on following pages starts at 4:45pmShow presents starts at 5:30pmShow The Messiah starts at 6pm20 minute intermission Savory and sweet plates & bar service available for purchase Dress: Holiday Attire

Performance only $45 or: Performance and pre-show reception $65

Performance only $60 or: Performance and pre-show reception $80

The spirit of Christmas comes alive as the 17-piece Reno Jazz Orchestra returns as they embellish great music with grand Christmas tradition in the spirit of the jazz big band stage performance! Hors d'oeuvres & bar service available.

Reno Jazz Orchestra Pre-Show Reception Arrive early at 5:30pm and raise a glass of cheer with these special tickets! In addition to the show, this package includes preview performance with a cocktail hour hosted by Santa featuring champagne, beer, wine, gourmet holiday hors d'oeuvres with specialty cocktails available. This upgrade allows guests to get extra cozy by the fire in the lavishly decorated Merry Wonderland as well as prime choice of seating for the show.

Join us for an unforgettable evening of classical music and holiday elegance as the TOCCATA Tahoe Symphony Orchestra and Chorus conducts a grand performance of Georg Frederick Handel's classic, Messiah. Maestro James Rawie will conduct a grand performance featuring renown vocalists as a total of 22 musicians and 40 voices bring this 1742 classic to life. Hors d'oeuvres & bar service available.

TOCCATA Pre-Show Reception Raise a glass of cheer with these special tickets! In addition to the show, this package includes preview performance with a cocktail hour hosted by Santa featuring champagne, beer, wine, gourmet holiday hors'd'ouvres with specialty cocktails available. This upgrade allows guests to get extra cozy by the fire in the lavishly decorated Merry Wonderland as well as prime choice of seating for the show. Starts at 5pm.

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

Dickson Realty’s December 2017 Newsletter We wish you a great and safe ski season!

Many local resorts are already opened. The season schedules are shown below.

•Lake Tahoe Area •All dates are estimated •Live updates and ticket pricing can be found at www.snowpak.com SKI RESORT Bear Valley Boreal Heavenly Valley Homewood Resort Kirkwood Mount Rose (Reno) Northstar Resort Soda Springs At a Glance calendar; see specific At a Glace Calendar; see details onspecific following pages Sugar Bowl details on following pages Squaw Valley/Alpine Meadows Tahoe Donner

OPENING 2017 11/28 11/11 11/22 12/14 11/25 11/10 11/17 12/01 11/28 11/26 12/14

CLOSING 2018 4/15 4/17 4/25 3/28 4/18 5/09 TBD 4/04 4/17 6/03 3/20

Canine Rescue are new members of the Squaw/Alpine Team.

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

Dickson Realty’s December 2017 Newsletter

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