Friday, January 21, 2011

The Colorado-ization of Northstar and Squaw?

I saw this article in the local paper "Moonshine Ink" the other day and thought it was pretty interesting with regards to the ownership history of Squaw and Northstar and the potential directions both resorts are heading now with their new Colorado-based owners.

Especially interesting to me are the efforts being put forward to get more flights into the Reno-Tahoe airport from major cities. I think the diversification of visitors to the area will undoubtedly help the real estate and tourism markets here. A lot of non-California people are not even aware of what the resorts are like out here in the winter, not to mention the amazing summers that we have in Tahoe.

The potential for some kind of train/light-rail is a great concept if they can put it into action as well.

I'll let you read on and form your own opinion....Enjoy!

Tuesday, January 11, 2011

Market for vacation homes on the rise...

Interesting article from the Wall Street Journal regarding trends in the market for vacation homes.

This article mirrors my last blog post about scarcity and buyers looking to get back in the market again. Prices are still good but the inventory is depleting in some areas-similar to trends we are seeing at Northstar.

Read on....