Leap Year, February 29, 2012 – How will you spend your extra day this year?

Leap Year, February 29, 2012 – How will you spend your extra day this year? 

Leap Year, February 29, 2012 - How will you spend your extra day this year?  It’s that time again, when we all get an extra day – Leap Year!  While I struggle with the fact that another four years has slipped by, I know that this is an opportunity to make this extra day really count. 

What will you do with your extra day?  Will you make a few extra calls?  Schedule an extra meeting?  Get your Sweetheart a gift to remember the day?  Take the family out to dinner?  Perhaps this is the day that you’ll plan to do something very special later this year, like a vacation, or special event.    

Sometimes making your day special can be as simple as giving a smile to everyone you meet, or doing something nice and unexpected for someone else.  It’s not about money, or putting on a big production, it’s about making the ordinary, something more, making that extra time count.

This year I plan to do something nice for someone that isn’t expecting anything other than another Wednesday.  It may be as simple as letting another car get into traffic, or letting someone go ahead of me in line, but I’ll wait and see what opportunities happen that day.  My goal is to do as many random acts of kindness as I can.    

On a personal note, I will surprise my guy with an alpenglow picnic at Commons Beach in downtown Tahoe City, California. My menu is very simple, a bottle of great wine, or champagne, I’ll make some chocolate covered strawberries earlier in the day, and I’ll include some crackers and cheese just too round things out.  I have no idea what the weather will be like.  It may be a snow blizzard, or we may see a spectacular alpenglow in Lake Tahoe.  It doesn’t matter what the weather will be like, the point will be to make a Wednesday, my extra day, a special day.

So there’s my plan to turn my extra day this year into a memorable one.  I’d love to know how everyone else will spend their bonus day. 

How will you spend your extra day, February 29, 2012?

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®,CRS, ABR®, RSPS,ePRO, Previews Property Specialist,  DRE# 01473598,    530.414.1260,   www.TahoeLauraLuxuryHomes.com      Laura@TahoeLaura.com,Coldwell Banker Residential Brokerage, Tahoe City, California

Start your Tahoe Property search here.  Check out the following neighborhoods and areas in the Lake Tahoe – Truckee, California Area.

 

 

Orignially posted at:  http://tahoelauraallenluxuryhomes.com/post/2984459/leap-year-february-29-2012-how-will-you-spend-your-extra-day-this-year

West Shore, Lake Tahoe, California, Real Estate Price Trend Report

West Shore, Lake Tahoe, California, Real Estate Price Trend Report

Real estate is a local market.  Even in the Lake Tahoe – Truckee, California area not all neighborhoods and communities are experiencing the same market conditions. 

West Shore, Lake Tahoe, California, Real Estate Price Trend Report

Let’s take a look at the West Shore of Lake Tahoe, California, which is made up of several communities.  Some of the well-known neighborhoods and communities on the West Shore include:  Tahoe City, Tahoe Sierra Estates, Tahoe Woods, Lake Tahoe Park, Talmont, Alpine Peaks, Pineland, Timberland, Ward Creek, Skyland, Tahoe Pines, Tahoe Swiss Village, Homewood, McKinney Shores, Chamberlands /the Chambers Landing area, Tahoma, Glenridge, Meeks Bay, and Rubicon Bay.

This area is approximately 15 miles of Lake Tahoe shoreline and starts with Tahoe City, California where Highway 28 meets Highway 89 South ending in the Rubicon Bay area right before the D.L. Bliss State Park / Emerald Bay area.  

Many people do not know that Tahoe City, California is located on both the North Shore and the West Shore areas of Lake Tahoe.  The downtown area of Tahoe City is located on the North Shore of Lake Tahoe, while the Truckee River and Fanny Bridge is located on the West Shore of Tahoe City.  As a result of Tahoe City being a defining point for the two shores, you will find Tahoe City on both the North Shore and West Shore market reports. 

The West Shore, Lake Tahoe area has had a significant price correction over the past few years.  The average median sold single family home sales price has dropped -41% since the market peak in 2006.   

So where is this market headed?  The following graph shows the West Shore, Lake Tahoe, California pricing trend, which looks like we may have put in a pricing bottom.

West Shore, Lake Tahoe, California, Real Estate Price Trend Report

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter.   Lake Tahoe and Truckee Real Estate Market Data - Newsletters

Start your Tahoe Property search here.  Check out the following neighborhoods and areas in the Lake Tahoe – Truckee, California Area.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®,CRS, ABR®, RSPS,ePRO, Previews Property Specialist,  DRE# 01473598,    530.414.1260,   www.TahoeLauraLuxuryHomes.com      Laura@TahoeLaura.com,Coldwell Banker Residential Brokerage, Tahoe City, California.

Originally posted at: http://tahoelauraallenluxuryhomes.com/post/2984062/west-shore-lake-tahoe-california-real-estate-price-trend-report

North Shore Lake Tahoe, California, Real Estate Price Trend Report

North Shore Lake Tahoe, California, Real Estate Price Trend Report

Real estate is a local market.  Even within a region, the market conditions will vary.  Location, location, location has never been a more true statement than it is today. 

North Shore Lake Tahoe, California, Real Estate Price Trend Report

Even in the Lake Tahoe – Truckee, California market not all neighborhoods are doing the same.  Let’s take a look at the North Shore of Lake Tahoe, California, which is made up of several communities.  Some of the well-known neighborhoods and communities on the North Shore include:  Tahoe City, The Highlands, Dollar Point, Cedar Flat, Ridgewood, Carnelian Bay, Agate Bay, Tahoe Vista, Kingwood West, Kingwood Estates, and Kings Beach.

This area has approximately 12 miles of Lake Tahoe shoreline and starts with Tahoe City, California where Highway 28 meets Highway 89 South ending at Kings Beach and the California – Nevada Stateline. 


The North Lake Tahoe area has had a significant price correction over the past few years.  The average median sold single family home sales price has dropped -41% since the market peak in 2006.   

So where is this market headed?  The following graph shows the North Shore, Lake Tahoe, California pricing trend, which looks like we’re putting in a pricing bottom.

North Shore Lake Tahoe, California, Real Estate Price Trend Report

The combination of historically low interest rates and lower sales prices has created a great opportunity to buy on the North Shore of Lake Tahoe.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter.   

Start your Tahoe Property search here.  Check out the following neighborhoods and areas in the Lake Tahoe – Truckee, California Area.

Cedar Flat, Carnelian Bay, California Homes for Sale

Ridgewood, Carnelian Bay, California Homes for Sale

Kingswood West, Tahoe Vista, California Homes for Sale

Kingswood Estates, Kings Beach, California Homes for Sale

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®,CRS, ABR®, RSPS,ePRO, Previews Property Specialist,  DRE# 01473598,    530.414.1260,   www.TahoeLauraLuxuryHomes.com      Laura@TahoeLaura.com,Coldwell Banker Residential Brokerage, Tahoe City, California.

Originally posted at:  http://tahoelauraallenluxuryhomes.com/post/2983438/north-shore-lake-tahoe-california-real-estate-price-trend-report

3rd Annual Soup and Chili Cook Off at the Rideout Community Center, Tahoe City, California, Saturday, February 25, 2012

3rd Annual Soup and Chili Cook Off at the Rideout Community Center, Tahoe City, California, Saturday, February 25, 2012

Calling all cooks!  The Tahoe City Recreation Department is hosting the 3rd Annual Soup and Chili Cook Off.  It will take place at the Rideout Community Center in Tahoe City, California this Saturday evening February 25, 2012 from 6 p.m. to 8 p.m. 

This event was a lot of fun last year, and they’re expecting a good turn-out of 150 to 200 people to taste Tahoe’s best chili and soups this year. It doesn’t matter if you’re a professional, or an amateur, all are invited to show up with your best soup, or chili and see how well you do.  While there is no soup, or chili contest entry fee, but there is a $5 entrance fee into the event and pre-registration is required.

3rd Annual Soup and Chili Cook Off at the Rideout Community Center, Tahoe City, California, Saturday, February 25, 2012Here are the details:

3rd Annual Soup and Chili Contest

Saturday, February 25, 2012

Event is 6 p.m. to 8 p.m.

Rideout Community Center, 740 Timberland Lane, Tahoe City, California 96145

Entry Fee is FREE, but Pre- Registration is REQUIRED.  Contact Shaun at 530.583.3440 Ext. 14

Entrance Fee to the Event is $5 for Adults, Children are Free.  Beer, Wine, and Raffle Tickets are extra.

If you’ll be up in the greater Lake Tahoe area and are looking for some culinary fun check out the 3rd Annual Soup and Chili Cook Off. The Rideout Center is located in the Timberland neighborhood of Tahoe City and is a local recreational facility that is open 7 days a week for everyone to enjoy.   Proceeds raised go to support the Youth Scholarship Program at the Rideout Center.

If you’re interested in making Lake Tahoe your second home, start your Tahoe Property here.  Check out the following neighborhoods and areas in the Lake Tahoe, California.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®,CRS, ABR®, RSPS,ePRO, Previews Property Specialist, DRE# 01473598, 530.414.1260, www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com,Coldwell Banker Residential Brokerage, Tahoe City, California

Originally posted at:  http://tahoelauraallenluxuryhomes.com/post/2918670/3rd-annual-soup-and-chili-cook-off-at-the-rideout-community-center-tahoe-city-california-saturday-february-25-2012

Where to Ski in Lake Tahoe, California

Where to Ski in Lake Tahoe, California

Where to Ski in Lake Tahoe, California

It’s that time of year, and one of the biggest holiday ski weekends is almost here. While we’ve had fewer snow storms this year, we do have snow.  In fact, this past Monday and Wednesday the Lake Tahoe area received more new snow, just in time for everyone to enjoy!

If you want to know what the current snow base is, or how much new snow fell this past week, check out the individual ski resort web sites below.  

 Alpine Meadows, Alpine Meadows, CA, www.SkiAlpine.com

 Boreal Mountain Resort, Off Interstate 80, CA, www.RideBoreal.com

 Diamond Peak, Incline Village, NV, www.DiamondPeak.com

Donner Ski Ranch, Donner Summit, Off Highway 40, Soda Springs, CA, www.DonnerSkiRanch.com

Granlibakken, Tahoe City, CAwww.Granlibakken.com

Heavenly, South Lake Tahoe, CA, www.SkiHeavenly.com

Homewood Mountain Resort, Homewood, CA , www.SkiHomewood.com

Kirkwood, Off Highway 88, CA, www.Kirkwood.com

Mt Rose Ski Tahoe, Highway 431, between Incline and Reno, NV www.SkiRose.com

Northstar-At-Tahoe, Off Highway 267, Truckee, CA, www.NorthstarCalifornia.com

Sierra-At-Tahoe, Highway 50, CA, www.SierraAtTahoe.com

Soda Springs, Soda Springs, CA, www.SkiSodaSprings.com

Squaw Valley USA, Olympic Valley, CA, www.Squaw.com

Sugar Bowl, Soda Springs, CA, www.SugarBowl.com

Tahoe Donner Downhill, Tahoe Donner, Truckee, CA  www.TahoeDonner.com

Where to Ski in Lake Tahoe, CaliforniaMost resorts are open, but are subject weather permitting conditions. For more specific resort information, check out their websites.  Now’s the time to plan a trip to Lake Tahoe, and have some winter fun.  Come up and play in my back yard – Lake Tahoe / Truckee, California!

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  DRE# 01473598,  530.414.1260, www.TahoeLauraLuxuryHomes.com     Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Originally posted at:  http://tahoelauraallenluxuryhomes.com/post/2853710/where-to-ski-in-lake-tahoe-california

Wicked Wednesday’s at the Blue Agave, Tahoe City, California

Wicked Wednesday’s at the Blue Agave, Tahoe City, California

Wicked Wednesday’s at the Blue Agave, Tahoe City, CaliforniaIf you’ll be up in the greater Tahoe City – Truckee, California area and want to liven up your mid-week, stop by the Blue Agave for Wicked Wednesdays. 

For a limited time, the Blue Agave is having free, live music on Wednesday nights starting at 8 p.m.  There is no cover charge.  They will be offering food and drink specials, and this week, February 15, 2012, Live Town Girls will be performing. 

Here are the details:

Wicked Wednesday’s

Wednesday, February 15, 2012

Starts at 8 p.m.

Blue Agave, 425 North Lake Blvd., downtown Tahoe City, California

No Cover Charge – Must be 21 years, or Older

Live Music with Live Town Girls

Food and Drink Specials

For more information call 530.583.8113, or go to www.TahoeBlueAgave.com

Wicked Wednesday’s at the Blue Agave, Tahoe City, California

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  DRE# 01473598,    530.414.1260,   www.TahoeLauraLuxuryHomes.com     Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Originally Posted at:  http://tahoelauraallenluxuryhomes.com/post/2846514/wicked-wednesday-s-at-the-blue-agave-tahoe-city-california

Lakefront Homes -Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

Lakefront Homes -Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

Lakefront Homes -Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

Lakefront properties in this report cover over 25 miles of premium Lake Tahoe shoreline from the California – Nevada Stateline on the North Shore to the Rubicon Bay, on the West Shore.  There is an estimated 750 lakefront properties in this exclusive real estate group, ranging from small, old Tahoe cabins, to larger, newer, luxury mountain home estates providing a nice mix to meet the needs of our high-end buyers.

 A lakefront property in the Lake Tahoe, California area is a home, cabin, or estate that directly fronts Lake Tahoe.  Lakefront homes are our most elite properties as they provide direct, unobstructed Lake Tahoe access and views.

 

Values for Lake Tahoe lakefronts homes are unique to the property and can vary greatly based upon the features of the real estate.  The location, size of the lot, the number of feet of Lake Tahoe frontage, proximity to commercial services, size and condition of the home are all important facts in desirability. 

 

A significant portion of the lakefront value is directly tied to the established Lake Tahoe waterfront amenities such as a permitted pier (private or shared), boat house, power lift(s)/hoists, number of buoys, along with whether the area is deep water, or shallow.  All of these factors, along with current market conditions impacts lakefront property values.

 

Lakefront Homes -Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011Lakefront Single Family Homes Sold in the Tahoe City, North Shore, and West Shore, (TSMLS Areas 1-5) Lake Tahoe California Areas of Lake Tahoe:

One of the big highlights for 2011 was matching the record number of reported lakefront sales from 2010, with 22 lakefront homes sold, which surpassed the 20 homes sold at the peak of the market in 2005.

 

Lakefronts sold in the Lake Tahoe, California area had a median average sales price of $2,973,500, which is down -21% from 2010.  Lakefront homes sold ranged in price from $975,000 to $6,450,000. 

 

This is the first time in a very long time that lakefront sales have been at, or below the $1 million mark.  The least expensive lakefront sale took place on the West Shore of Lake Tahoe in the Meeks Bay neighborhood.  The most expensive lakefront sale took place on the North Shore of Lake Tahoe in the Tahoe City neighborhood. 

         

Cash sale transactions for lakefront home sales was almost unchanged at 73%.  This is well above the Lake Tahoe – Truckee, California regional trend of 35%, which sends a signal that cash buyers continue to find value in our luxury multi-million dollar market.    

The current absorption rate for the Tahoe Lakefront market is at 27 months.  Anything above 7 months of inventory is considered a Buyers’ market.  The absorption rate can change quickly, and was based upon the sales activity for the past 60 days.  If the current level of transactions continues, and the absorption rate stays at this rate, buyers will continue to find great deals in this high-end market.       

There was one (1) distress sale in 2011, which shows how much this second home luxury market has changed.

There were 40 Active – available Lakefront mountain homes, cabins, and estates for sale in the North Shore and West Shore, Lake Tahoe, California areas as of 02/14/2012.  They ranged in price from $998,800 to $19,950,000.  Of the 40 homes offered for sale one (1) was an REO, one (1) is a short sale, and one (1) is a court approval listing, which means 8% of the lakefronts currently offered for sale are distressed sellers, which means pricing pressure on all lakefront sellers that need to sell.

There was one (1) pending lakefront sale as of 02/14/2012 with a listed price of $10,500,000.

 

Sold Lakefront Single Family Homes in Tahoe City, North Shore, and West Shore, Lake Tahoe, California Report Summary:

 

Year

 

Homes

Sold

Median Average Sales Price

 

Lowest

Price Sold

 

Highest

Price Sold

%

Cash

Transactions

Absorption Rate

< 5 months Sellers Mkt

5-7 months balanced Mkt

>7 months Buyer’s Mkt

Distressed

Sales

Breakdown

of

Distressed

Sales

2011*

22

$2,937,500

$975,000

$6,450,000

73%

27 Months

Buyers’ Market

5%

0 REO’s

1 Short Sales

2010

22

$3,700,000

$1,950,000

$12,400,000

72%

NA

0%

0 REO’s

0 Short Sale

2009

11

$3,675,000

$1,900,000

$6,288,000

82%

NA

9%

1 REO’s

0 Short Sales

2008

10

$4,075,000

$2,350,000

$20,000,000

70%

NA

0%

0 REO’s

0 Short Sales

2007

12

$3,812,500

$1,204,000

$12,500,000

73%

NA

0%

0 REO’s

0 Short Sales

2006

19

$4,000,000

$1,925,000

$16,700,000

42%

NA

0%

0 REO’s

0 Short Sales

*YTD period is 01/01/2011 – 12/31/2011.  Market data source: Tahoe Sierra Multiple Listing Service (TSMLS), TSMLS area 1-5.

Use caution when only a handful of sales are available in a neighborhood, or market type.  The increase and decrease in the percent changes can be significant.  Numbers are easily moved.  When reviewing neighborhood data, I recommend reviewing the overall Lake Tahoe, California area, or the entire Lake Tahoe – Truckee Region to confirm market trends and direction, rather than only relying on just the neighborhood, or market type sales.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter. 

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  DRE# 01473598,  530.414.1260, www.TahoeLauraLuxuryHomes.com   Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Note:  Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS).  Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate.  Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy.  Data maintained by the TMLS’s may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.  Data Source – Tahoe Sierra Multiple Listing Service (TSMLS).  If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

Originally Posted at:  http://tahoelauraallenluxuryhomes.com/post/2846327/lakefront-homes-tahoe-city-north-shore-and-west-shore-lake-tahoe-california-real-estate-market-report-year-end-review-2011