Dickson Realty’s September 2017 Newsletter
2017 Sales On the charts below and on the following page, you'll find the number of single family homes sold, the median sales price and the average days on market for the months of January through July of 2017 for both Truckee and the North and West Shores of Lake Tahoe.
Source: Tahoe Sierra Multiple Listing Service, Areas 007, 8DL, 8NR & 009 as of 8/17/17 Source: Tahoe Sierra Multiple Listing Service as of July 19, 2017
Source: Tahoe Sierra Multiple Listing Service, Area 9TD as of 8/17/17
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter
2017 Sales
Source: Tahoe Sierra Multiple Listing Service, Areas 001, 002 & 003 as of 8/17/17
Source: Tahoe Sierra Multiple Listing Service, Areas 004 & 005 as of 8/17/17
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter
Have you considered the added expenses you may have when purchasing your new home?
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter Residential Investments vs. Second Home We frequently get asked about residential investments vs. second homes. In most cases our borrower’s are looking to purchase a second home that they would potentially rent, but have for their personal use most of the time. The answer is that lenders require you to state how you will be using the home. You must choose primary, second home, or investment property; lenders do not allow mixed occupancy. A second home is not income from a lenders perspective; you either do it as an investment property or a second home. The majority of lenders offer the best rates for investment properties with 25-30% down however; some lenders allow you to put as little as 20% down but the rate will certainly be higher. Second home rates tend to be about ½% lower than investment properties Often times our borrowers will buy a home as a second home or even a primary and then change the occupancy in future years. This is a possibility, however if you try to refinance a home that you bought as a second home and you have rental income on your tax returns it will be considered an investment property, even if it is only a small percentage of usage as a rental. Feel free to contact us at (530) 582-9991 or TeamRice@GuildMortgage.net with any questions you might have. We are here and happy to assist with your financial needs!
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter
Living in the mountains may be a more viable option for many with a projected 50% of the workforce telecommuting by 2020.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter Dickson Realty is the exclusive agent for Nakoma and we'd like to share some interesting tidbits of information in upcoming newsletters from this amazing resort with so many types of ownership opportunities.
Anticipation is mounting to Sept. 1, when Altitude, Nakoma's premier lifestyle amenity, is unveiled. At the heart of every community are families, and Altitude, Nakoma's 12,000-sqf state-of-the-art recreation center, will be the heart of our community designed with the whole family in mind. From a heated outdoor pool and climbing wall to a children's center with outdoor play area plus a fabulous youth space featuring table and video games, Altitude truly welcomes the young and young-at-heart. Stay tuned, as we'll have more exciting information about Altitude's unveiling coming soon!
LEARN MORE ABOUT ALTITUDE
For more information about Nakoma, visit their website at www.nakomaresort.com or contact Jeanne Dansby, our onsite representative in the Dickson Sales Office at Nakoma at (530) 322-3320 or jdansby@dicksonrealty.com.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter September Events 1 - Visit Lower Carpenter Valley Nature Preserve (Sept. 1,2,7,10,15,16,24,29) Starts at 9am; Free Truckee Donner Land Trust invites you on a guided hike to experience beautiful Lower Carpenter Valley. Minutes from Truckee but hidden from view, Carpenter Valley offers amazing scenery, lush meadows carpeted by wildflowers, and chances to glimpse wildlife in its natural environs. Free, but registration is required. Information: www.eventbrite.com/e/tdlt-carpenter-valley-docent-led-hikes-tickets-33064131708 1 - Annual Ski Consignment at the Start Haus (Sept. 1-4) Start Haus, 10990 Donner Pass Road; Truckee 9am-6pm It’s time to clear out the garage, unload the attic, and bring in your used skis. Don’t miss out on this opportunity to purge the old gear and get yourself some new sticks! The Start Haus is accepting gear now through the start of the sale. Information: http://chamber.truckee.com/events/details/annual-ski-consignment-sale-8786 1 - Bikes and Brews The Village at Northstar ; 5pm-9pm Come join fellow riders on the patio Tavern 6330’ for the last Friday evening gathering of the season. After a day of mountain biking, share your tales of the trails. There will be beer and food specials to enjoy while you mingle with fellow bikers. Everyone who purchases food or drinks will be entered into the weekly raffle. Information: http://chamber.truckee.com/events/details/bikes-brews-09-01-2017-8433 The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter 2 - REP Sample Sale at Tahoe Mountain Sports 11200 Donner Pass Rd E5, Truckee; 8am-3pm Come check out this huge Labor Day sale on Saturday, September 2 from 8 am - 3 pm! Local Sales Reps & Tahoe Mountain Sports join together to offer you the best deals of the year on amazing gear and apparel. From skis and poles, to outdoor clothing, backpacks, camping gear and more. A portion of all sales benefit the Auburn Ski Club. Information: http://chamber.truckee.com/events/details/labor-day-sales-rep-sample-sale-8778 2 - Pine Needle Basket Workshop Atelier - 10128 Donner Pass Rd, Truckee; 12pm-4pm; $75 (all supplies included) Learn to create this wonderful traditional art form of making baskets with long leaf pine needles. With Sierra Valley artist Michelle Haselton guiding you step by step, you will learn all the basic techniques, all the way through to a finished basket to take home. Information: http://chamber.truckee.com/events/details/pine-needle-baskets-09-02-2017-8767 For info on many great workshops throughout the month, visit: http://www.ateliertruckee.com/ 2 - 28th Annual Foam Fest KT Base Bar Sundeck , Squaw Valley; 2pm-6pm The Foam Fest is one of the most highly anticipated festivals in the Tahoe area! Beer enthusiasts can sample from more than 30 craft breweries. Everyone can listen to live music and enter to win great prizes in our famous “Hit the Slopes” raffle. Information: http://chamber.truckee.com/events/details/28th-annual-foam-fest-8784 The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter 3 - Truckee Community Farmers Market (Sundays through Sept. 24) 12047 Donner Pass Rd, Truckee; Sears/Paco’s parking lot; 10am-2pm Come buy some great local produce and enjoy live music with your neighbors. Information: http://chamber.truckee.com/events/details/truckee-community-farmers-market-09-03-2017-7958 4 - Keep Tahoe Blue Labor Day Beach Cleanup Commons Beach, Tahoe City; 8:30am-12pm Help us keep our beaches clean! We provide cleanup materials, refreshments and a prize. Ride your bike to receive a special gift. Bring your reusable water bottle and friends! Info & RSVP: https://donate.keeptahoeblue.org/events/keep-tahoe-blue-labor-day-beach-cleanup/e121098 5 - Farmers Market (weekly - Tuesdays) Truckee River Regional Park, 10500 Brockway Rd 8am – 1pm; Free Information: www.tdrpd.org 5 - Tuesdays Bluesdays Village at Squaw Valley USA ; 6 -8:30pm; Free Featuring acclaimed blues musicians, great grab & go food offerings from Village restaurants and a Blues bar with beer, wine & spirits available from 6:00 pm to 8:30 pm in the Events Plaza. Come out and enjoy the last “Bluesday” of this summer season! Information: www.squawalpine.com The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter 8 - Mt. Lola Hike Come join the Truckee Donner Land Trust on a moderate to strenuous 10.6 mile round trip hike to the top of Mt Lola. Meet at the Mt Lola Trailhead at 9am and enjoy this rugged walk through mature red fir forests while ascending to the summit of the mountain where you can take in the spectacular 360 degree views of the Sierra Crest, Sierra Buttes, and beyond. Free, but please register. Info, Registration, Directions: https://www.eventbrite.com/e/mt-lola-hike-tickets-34259752843 8 - Lake Tahoe Autumn Food & Wine Festival (Sept. 8th-10th) Celebrate Lake Tahoe’s most prestigious food, wine, spirit and brew festival in the outdoor splendor of Northstar California Resort. Celebrity Chef’s hands-on cooking demonstrations, Farm to Tahoe dinner, winemaker luncheons and dinners, food and wine seminars, mixology . . . all topped off with the Sunday Culinary Competition and Grand Tasting. Info & Tickets: http://www.gotahoenorth.com/events/annual-events/lake-tahoe-autumn-food-and-wine/ 9 - Guided Art Hikes - Trails & Vistas (Sept. 9th-10th) Washoe County’s Galena Creek Regional Park; 9am-12:15pm, every 15 minutes Inspiring art hikes with music, dance, poetry and art. Information & Tickets: http://www.trailsandvistas.org/ 9 - World Concert Lake Tahoe Shakespeare Festival Amphitheater, Sand Harbor; 6:30pm The World Concert is an unforgettable evening at Lake Tahoe Shakespeare Stage and part of the Showcase Music Series at Lake Tahoe. Enjoy a sonic journey with Americana, Persian, & Latin music with Silk Road Dances. Info & Ticket Info: http://www.trailsandvistas.org/ The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s September 2017 Newsletter 16 - Art & Soul 3rd Annual Downtown Truckee ArtWalk Downtown Truckee; 1pm-6pm This year’s walk features 30 stops celebrating local artists. Enjoy live art demonstrations and music while tasting and sipping your way through small bites, craft beer and wines. Advance tickets can be purchased online or locally at the Cooking Gallery. Feel good about supporting ART & SOUL! -- A portion of the event’s proceeds goes to Arts for the Schools. Info & Tickets: https://www.eventbrite.com/e/art-soul-artwalk-2017-tickets-34330494433 15 - Open Mic Night at Art Truckee Art Truckee, 10072 Donner Pass Rd., Truckee; 7-10pm; Free All levels welcome for open mic night at Art Truckee - singers, actors, poets, and more! Every third Friday of the month. Sign up early for your time slot or just show up! Information: http://chamber.truckee.com/events/details/art-truckee-open-mic-09-15-2017-4032 24 - The 2nd Annual Truckee Marathon Truckee Marathon, Half Marathon and Marathon Relay. All distances start and finish in Downtown Truckee. For Registration and Information: http://truckeemarathon.com/ 30 - Lake Tahoe Spartan Beast and ultra Beast Weekend (Sept. 30 through Oct. 1) Held at Squaw Valley, USA, the obstacle racing weekend of the year will feature two Spartan Race distances to choose from over two days of racing: The Spartan Beast and the Spartan Ultra Beast. Information: https://www.evensi.us/lake-tahoe-spartan-race-ultra-beast-2017-olympic-village/194302642 The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440