Dickson Realty’s August 2016 Newsletter
We are seeing a healthier market overall, when comparing the first half of 2015 to this year for this area. The number of listings has risen, as has average and median home prices, with a drop in days on market.
TRUCKEE and NORTH & WEST LAKE TAHOE Single Family – SOLDS 1 and 2Q’s 2016
2015
Source: TahoeSierra MLS
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter
Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner's net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National Association of Realtors' (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter Brexit –What the Heck Is Happening and Does It Affect Me as an American? Brexit short for “British exit” happened on June 23th when British voters quit the European Union. Why should Americans care? What effect has it already had that can help or hurt you personally? Britain is one of the world’s largest economies and one of America’s largest trading partners. Lots of United States companies invest in Britain and so many of our country’s stocks tumbled after the news of the exit. This could continue to have an effect on your portfolio including 401k’s. This is certainly an unpredictable time in Europe, and other countries may be considering exiting as well. The good news initially would be lower mortgage rates. Bonds are an instrument many investors flee to during times of uncertainty as they give a fixed return. Thus many investors moved to Mortgage Backed Bonds for more certainty in their portfolios and rates went down. That downward rate allowed and is allowing many of our clients to refinance at rates that were the lowest in the past three years. Thus they are saving money! That is the positive. So obviously there is always a yin/yang effect and we are sending good thoughts to those negatively affected by this exit. But if you would like to focus on the good, you may be able to lower your mortgage rate or buy a home at a lower rate. I like to focus on the good, so take action and call us for refinancing anywhere in CA or NV. Or if you are thinking of a purchase let’s get you pre-approved. Our team is waiting to hear from you. Katie Rice | Guild Mortgage www.TheRiceTeam.com | 530-582-9991 CA/NV NMLS ID #308387
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter August EVENTS 2 – Farmers Market (weekly) 8:30am – 1pm Truckee Regional Park, 10050 Brockway Road, Truckee 2 – Tuesdays Bluesdays (weekly) 6 -8:30pm; Free Village at Squaw Valley USA 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. During the summer Bluesdays series, Squaw offers discounted tickets for the Aerial Tram, food and drink specials, and lodging sales each and every Tuesday. Information: www.squaw.com 3 - Music in the Park Summer Concert Series (weekly) 6:30 – 8:30 pm Truckee River Regional Park, 10500 Brockway Rd., Truckee Weekly Music Series sponsored by Truckee Donner Rec and Parks District. Bring lawn chairs, food and drink and enjoy summer evenings and live music in the Sierra. Information: www.tdrpd.org
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 4 – Truckee Thursdays (weekly) Historic Downtown Truckee, 5:30 – 8:30pm Summer Thursdays mean a special experience for people of all ages - residents, tourists and participants alike. The event features a Certified Farmers’ Market, food vendors, merchant and community displays, as well as great entertainment, children’s activities and a beer garden. Information: www.truckeethursdays.com 4 – Tahoe City Farmers Market (weekly) 8am -1 pm Commons Beach, Tahoe City, CA Information: www.tahoecityfarmersmarket.com 4– Summer Movie Series (weekly) 8:30pm; Free Village at Squaw Valley USA Families and friends can snuggle up under the stars while enjoying new releases and family classics on the big screen at Squaw Valley! Weather permitting. Blankets and warm clothes are recommended. Information: www.squaw.com 4 - Quincy Certified Farmers Market (weekly) 4:30 - 7:30pm Corner of Main & Church Street, Quincy, CA Information: (530) 487-4386 The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 5- Friday Night BBQ (weekly) 5 – 8:30pm Greenhorn Creek Guest Ranch, Quincy, CA All You Can Eat BBQ, horseback rides (reservation required), wagon rides, horseshoes, fishing, swimming, dancing, and a bonfire Information: www.greenhornranch.com 5 - First Fridays Historic Downtown Truckee, 5:30 - 8 pm Most of downtown’s unique shops, boutiques, art studios, and eateries will keep their doors open later and offer special promotions, activities, demonstrations, food and beverages, music, and more! Participating shops and restaurants will display First Friday Flags so the public will know where the fun is. Information: www.historictruckee.com 5 – Kids Night Out 5-9pm; Northwoods Clubhouse, Tahoe Donner $20 in advance, required at least one day in advance. Space is limited. An evening of games, dinner, arts and crafts, the Friday Night Movie and even a bedtime story at Northwoods Clubhouse. Parents may enjoy a night out while the trained staff looks after your little ones. Information: 530-587-9437
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 5 - Pumps on Pedals (weekly) 4:45pm; $28+ Northstar California Women mountain bike riders of all ages and ability levels are invited to come join these evening rides. Free clinics where women can work on their downhill, freeride and cross-country mountain biking skills with instructions from female bike academy coaches. Pumps on Pedals creates an atmosphere that is perfect for women to make friends, develop new skills, and explore the trails that Northstar has to offer. Information: www.northstarcalifornia.com 5 - Music on the Beach (weekly) Kings Beach Recreation Area, Kings Beach, CA 6-9pm, Free Featuring local and regional acts that are “family friendly”. Attendees can purchase Sierra Nevada Brewing Co. beer, wine, water & soda. Food is available for purchase at the venue. 6 - STEAM Exploration Saturdays (weekly) Kidzone Museum, 11711 Donner Pass Rd., Truckee 9am– 12noon; $35 per child – ages 4-7 Prices vary – see website STEAM is Science, Technology, Engineering, the Arts and Mathematics. Science & Art: Bubbles, oil, salt, crystals and watercolor. Discover how creative you can be. Technology & Engineering: make things move with animation, toys and circuits. Have a blast experiencing how math can help your artistic designs. The Dickson Truckee Team www.kidzonemuseum.org Information: 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 6 – Fish for a Wish Fishing Derby Big Cove Resort, Lake Almanor, CA Information: www.kokaneepower.org 6 - Truckee River Railroad (weekly) 11am – 2pm; Free. Truckee Regional Park, 10050 Brockway Rd., Truckee Ride on the Truckee River Railroad- fun activity for Kids and Kids at Heart. 7 - Pancake Breakfast 8 to 11am, $7adults/$3 kids Sierra Senior Center, 10040 Estates Drive, Truckee A fundraiser for Sierra Senior Services Information: www.sierraseniors.org 7 – Farmers Market (weekly) 10am – 2pmTri-Counties Bank Plaza, 12047 Donner Pass Rd., Truckee 10-14 – Plumas Sierra County Fair Information: www.plumas-sierracountyfair.net/ 12 & 13 - Concours d'Elegance Obexer's Boat Company, Homewood, CA A festival for all ages focusing on the continuing growth of the show, the quality of boat exhibits, the highest of judging standards and practices, and most importantly sharing the passion of wooden The Dickson Truckee Team boats between exhibitors and public. 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 12-14 – Annual Dark Sky Festival Lassen Volcanic National Park Far from the light pollution of civilization, Lassen is one of the last sanctuaries of natural darkness. Whether you have yet to experience the grandeur of the Milky Way, or you are a dedicated amateur astronomer, Lassen's dark skies offer unparalleled view of the celestial wonders. Information: https://www.nps.gov/lavo/planyourvisit/stargazing.htm 13– Carpenter Valley Hikes (also on 8/21) Carpenter Valley is one of the least known and most spectacular places in the northern Sierra. It has been in private ownership since the late 19th century. The Truckee Donner Land Trust, in partnership with The Nature Conservancy, the Northern Sierra Partnership, and Tahoe Donner Association, are in the process of acquiring and protecting over 1,300 acres: Lower Carpenter Valley and Crabtree Canyon. Lower Carpenter Valley will be open to the public in the fall of 2017. The property is currently only open to the public during docent-led hikes. Information: Sign up with KV at: kv@tdlandtrust.org, 530-582-4711, ext. 100. You will then be e-mailed more details about the tour. 13 & 14 - Brews, Jazz and Funk Fest Village at Squaw Valley USA, 2-8pm Festival-goers can sip on a wide array of tasty beers from 35 different breweries, as well as enjoy an incredible line-up of music both days. Entry into the event is only $5 dollars; beer tickets can be purchased for $5 each. All proceeds from the event benefit the Humane Society of Truckee-Tahoe Information: http://hstt.org/calendar The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter
14 – Donkey Walks on the Jamison Canyon Emigrant Trail & Wagon Road Plumas County Museum, 500 Jackson Street, Quincy, CA 9am – 4pm Guided hike highlighting ecological, historical and cultural elements, as well as wildlife and native flora. This dirt thoroughfare once provided access to many old gold camps. This route has a long and varied history. It originated as an Indian trade and hunting route, later a mule pack trail. • Donkey to pack items, moderately strenuous • Approximately 10 miles round trip Information: http://www.plumasmuseum.org/pdf/DWJamison_15.pdf 16 - Lake Tahoe Music Festival (also on 8/18,19, 20 & 21) Various locations. 5-8pm $25, Children under 12 free This season will feature a composition written by David Nelson for Lake Tahoe Music Festival. It consists of two basic themes, beauty and restless energy, that are put through a variety of permutations. The first theme has a rolling quality with a meter of six and slowly attains full speed and the contrasting second theme has a slow rising quality Information: www.tahoemusic.org
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 26 – Midsummer’s Nightmare: Totems Lake Tahoe Shakespeare Festival Stage, Sand Harbor, NV 6-9pm InnerRhythms Dance Theater has been invited back to the world famous Sand Harbor stage on Lake Tahoe to wow audience members with another installment of Midsummer Nightmare. It is guaranteed to be an evening filled with incredible dancing, and artistry featuring InnerRhythms Dance Theatre company, Alumni and special guests from the world stage. Information: http://www.innerrhythms.org/events/upcoming-events 26-28 – Portola Railroad Days Come join Portola as we celebrate our railroad heritage. Our annual event features the Golden Spike Parade, classic car cruise-in, music, Western re-enactors, vendor fair, raffles, food court, and an assortment of athletic activities-Willie Tate Memorial Run, softball tournament, open community pool sessions, etc. Information: http://www.buylocalprogram.net/mtiodew/?store=5759&seo=1&business_name=Friends+of+Portola+R ailroad+Days&city=Portola&state=California#
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s August 2016 Newsletter 27 – Peaks and Paws Village at Squaw Valley USA 11am – 7pm Dogs and their Masters can enjoy live music, delicious food, and wine and beer tasting (people only!) amid Squaw’s stunning mountain setting. The all-day event also boasts dog-friendly guided hikes. All of the proceeds from the festival will benefit the Humane Society of Truckee-Tahoe. Information: www.hstt.org/calendar 27 – Truckee Pro Rodeo McIver Arena, 10695 Brockway Rd., Truckee, CA 5-7pm; Pre Sale Adults $12, Children $7, $5 and under Free. Slightly higher at the Gate In addition to the traditional rodeo events, we will also have a "boot race" for the kids, mutton bustin', calf dressing, and a specialty act! You won't want to miss out on the fun! Information: www.truckeerodeo.org 27 – Food, Blues and Views Summer Concert Series Sierra Valley Farms, 1329 County Road A23, Beckwourth, CA 6-8pm; $60pp Sierra Valley Farms believes that “Organic food feeds the body, and Blues feeds the soul”..so come out and celebrate 25 years of Food, legendary Blues artists music, and spectacular Views this summer. Camping is available. Information: www.sierravalleyfarms.com/concert-series/ The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440