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North Lake Tahoe, Squaw Valley & Truckee Real Estate

Tahoe Real Estate Sales Up 26 Percent in 3rd Quarter of 2018

Million-Dollar Homes Push Sales Sales volume around Lake Tahoe continued to climb in the third quarter, up 26 percent lake-wide from this time last year. The continued increase came primarily for homes sold for more than $1 million, which was up 32 percent. Homes sold for less than a million was down five percent. The figures are part of a quarterly report released by Lake Tahoe-based real estate agency Chase International. The numbers compare all MLS home sales from January 1, 2018 through September... Read more »

Olympic Valley Micro Transit Approved By Placer County

A locally spearheaded move to reduce traffic and parking congestion in both Olympic Valley and Alpine Meadows has been approved by Placer County.  The plan is for on demand shuttle service that will pick up and drop of customers in areas that are close to the regular Tahoe Truckee Area Regional Transit (TART) routes that feed both Alpine Meadows and Squaw Valley resorts.  Customers will access the service through a smart phone app.  This will be funded by a 1% fee attached to daily... Read more »

Squaw Wins Second Round in Law Suits By Sierra Watch

Two  Sierra Watch law suits challenging Squaw Valley’s approved Village Expansion Proposal have now been ruled against by Placer County Superior Court Judge Michael W. Jones.  The current decision was on a challenge by Sierra Watch to the adequacy of the Environmental Impact Report in regards to regional impacts such as, emergency evacuations, noise, greenhouse gases, traffic, and water impacts.  The judge ruled that the EIR did adequately address those issues. As with the former... Read more »

2018 Mid-August North Tahoe- Truckee Market Report

The North Tahoe Truckee real estate market has changed since my last mid month report in May 2018.  Here is the comparison between mid August and mid May of this year. Total number of single family home listings is 89% higher than it was in mid May. Number of homes listed in the last 30 days is 112% more than in mid April to mid May. The median price of homes listed has decreased by 11% since mid May. Total sold homes in the last 30 days is 213% more than between mid April to mid May. Total... Read more »

Judge Rules in Squaw’s Favor Against Sierrra Watch

Squaw Valley Oktoberfest

Sierra Watch has lost the first round in it’s fight against Squaw Valley Ski Holdings (SVSH) county approved plan to greatly expand the size of the Village at Squaw Valley.  The lawsuit claims that the Placer County Board of Supervisors violated the State of California Brown Act when SVSH agreed to pay a $440,000 Air Quality Mitigation Fee to the Tahoe Regional Planing Agency (TRPA) and that information was not made available to the public within 72 hours of the 11/15/16 Board of Supervisors... Read more »

$3.5 Million Allocated For Trail System Expansion

$3,500,000 has been approved by the Placer County Board of Supervisors for trail construction of the partially completed trail system in what is called the “Resort Triangle,” Truckee to Kings Beach to Tahoe City.  Currently there are two completed paved sections; from the Legacy Trail in Truckee into Martis Valley toward Northstar and from Squaw Valley along the Truckee River and connecting with trail that goes from the top of Dollar Hill down the Westshore through Homewood to Meeks... Read more »

Three North Tahoe – Truckee August Events You Don’t Want To Miss!

The 2018 Lake Tahoe Summer Music Festival, August 21st  through August 26th A 26 piece orchestra gives a free  public rehearsal and then presents 5 days of great music in beautiful outdoor settings in Tahoe City, the Westshore of Lake Tahoe and Truckee.  Here are the dates and locations; August 21 at 4:00 pm: Tahoe Maritime Museum, Tahoe City August 22 at 6:00 pm: West Shore Café, Homewood August 23 at 6:00 pm: Sugar Pine State Park, Tahoma August 24 at 6:oo pm: West End Beach at... Read more »

Why Have a Realtor When Buying a “For Sale By Owner” Property

In most cases the seller is only slightly aware of local market conditions and comparable values and has an inflated value of his home.  An experienced local Realtor will have access to the local Multiple Listing Service (MLS) and give the buyer data on comparable homes that have recently sold and are currently on the market. Your Realtor will be aware of all of the state and local regulations and disclosures that are required and will make sure that the buyer has all of the necessary information... Read more »

2018 Mid Year Market Report for Lake Tahoe

The price of a home in Lake Tahoe jumped 18 percent from this time last year, making the median price of a home $679,500. Sales also continued to climb, with overall volume sold up 27 percent. The figures are part of a quarterly report released by our company, Lake Tahoe-based Chase International. The numbers compare all MLS home sales from January 1, 2018 through June 30, 2018 to the same time frame of 2017. Million-dollar homes continue to soar. There was a 38-percent jump in homes sold for more... Read more »

Squaw/Alpine Gondola Draft EIR Released

Placer County and the U. S. Forest Service released the Draft Environmental Impact Statement/Report (DEIS/R) on April 27, for the proposed Squaw/Alpine Base to Base Gondola.  The DEIS/R considers four different alternatives.  All four routes would cross the Sierra Crest, the popular Five Lakes Trail and either encroach on or be very close to the Granite Chief Wilderness area.  The original route, Alternative 1 would cross the Granite Chief Wilderness area.  Alternatives 2, 3 &... Read more »

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