Tuesday, February 23, 2016

Alpenglow Mountain Festival

Alpenglow Mountain Festival


We are in the midst of one of the most comprehensive and fun winter festivals that is hosted in Tahoe; the Alpenglow Mountain Festival​. The festival is focused on exploring some of the best activities that the Tahoe area has to offer including Backcountry ski touring and snowshoeing along with films, presentations, equipment demos, and yoga. 


The festival started on February 20th and runs through the 28th. The lineup of events to participate in is amazing, and is an excellent way to get into or learn about activities that are "off the beaten path". 



The event is the only mountain lifestyle event in North America that is mostly free. Don't be intimidated if you don't know what you are doing. The festival is geared toward beginner and intermediate outdoor enthusiasts and there are plenty of things to do.


Katie Tyler


Realtor®
BRE 01442453
c 530 277 1012 





Wednesday, February 17, 2016

S'moresapalooza at Northstar

S'moresapalooza

Northstar California

A perfect end to a perfect ski day? S'mores of course. Northstar has taken the love of S'mores to a new level. On February 27th, Northstar is hosting "S'moresapalooza"- an afternoon event to celebrate everyone's favorite gooey winter treat. 


The festivities will start at 2PM with music on the Northstar Village stage. At 3:30 there will be free S'mores in the Village before the "S'mores Walk". A handful of Village businesses are stops on the S'mores walk. Mikuni will be providing S'mores Bark, AGL will have a S'mores cookie bar, the Beach Area will have a S'mores Pop, Starbucks will be showcasing a S'mores Crispy Treat, and Butterbox tops it off with S'mores Shooters. 


Ripperoo will be hosting a S'mores roast at the Overlook Bar starting at 4:30. 



At 5:30 the DJ will begin performing on the Village Stage, this may be a good opportunity to burn off some S'mores calories with some dancing. 


Katie Tyler


Realtor®
BRE 01442453
c 530 277 1012 


Monday, February 8, 2016

Black Tie and Tails Event at The Ritz-Carlton, Lake Tahoe



Black Tie and Tails Event at The Ritz-Carlton, Lake Tahoe

The place to be if you are a lucky four legged friend this Saturday, February 13th is the 8th Annual Black Tie and Tails Gala. 


Hosted by the Ritz-Carlton, Lake Tahoe. this event is wildly popular, unique, and for a good cause. The event usually sells out, so if you miss it this year put it on your calendar for 2017.

Starting at 5:30 pm, guests and their canine companions are greeted to a red carpet arrival, champagne and hors d'oeuvres, and of course, passed apps for the pups. Music, dancing, entertainment Ritz-Carlton style, and an evening with your best friend, what more could you want?


 
To check on ticket availability, call Dale at 530-582-2468.

Proceeds go to the Humane Society of Truckee/Tahoe. 



Katie Tyler


Realtor®
BRE 01442453
c 530 277 1012 


Tahoe-Truckee Market Update: February, 2016

Tahoe-Truckee Market Update

February, 2016 

Occasionally the dynamics of the Tahoe-Truckee real estate market are quite simple. Amidst the best start to winter since 2011, with arguably perfect ski conditions, the local real estate market is off to a raucous beginning of 2016. Though historically the worst month for closed transactions, January saw 82 sales at an average price of $918,745; increases of 8% and 5% respectively. These sales reflect pent up demand for mountain resort property and were acquired by consumers anxious to lock in their family retreat in time to enjoy the entire season. 

January was so strong that the total number of transactions equals the largest January in over a decade. Similarly, the average sales price reflective of premium resort property has not been seen this time of year since 2007.

Notable sales included 14 homes over $1,000,000. Among them were two Northstar homes doubling the number of premium single-family sales at the resort for all of 2015, three Martis Camp homes, and a lakefront on Tahoe’s West Shore for over $7,000,000. 

Following the North Lake Tahoe real estate trend, closed transactions most closely reflect market conditions 30-60 days prior when buyers and sellers reached agreement. As such, January’s results foretell a major return to prominence for ski resort property. Already this year there are 14 Northstar properties pending sale; nearly 25% of all 2015 sales. Indicative of the value that is now tangible in mountainside properties the average sale pending price is $1,174,046; a quantum leap from the average of $749,000 in 2015. Noteworthy sales in the coming month include two additional single family homes in Northstar’s Big Springs neighborhood for amounts greater than $3,000,000, a Stellar Residence in Northstar’s Mountainside community asking $3,100,000 and two Ritz Carlton Residences.

An additional five homes are now pending sale in Martis Camp, two in Lahontan and one each in Old Greenwood, Gray’s Crossing, and Schaffer’s Mill. 

Inventory will be an interesting metric to monitor as the year progresses. Supply is currently well balanced at just under six months. Typically inventory levels swell a bit this time of year as the sales cycle takes several months to gain momentum. With a sensational winter afoot, guests are anxious to replicate joyful experiences on the mountain several more times over the course of a winter. Some number of these consumers will elect to make a more permanent investment in mountain lifestyle.  Recent crowds may indicate that fewer options may be available for those who wait until later in the season. 

We hope that you are getting more than your fair share of winter. Please let us know when you intend to visit next so that we can share with you some new and progressive projects taking shape in our area. 



Katie Tyler


Realtor®
BRE 01442453
c 530 277 1012