New Season, New Inventory

Memorial Day brings a strange relationship to the Tahoe Truckee real estate market. While most consider this holiday to be the official kickoff to summer, in the mountains it offers a different dynamic. Tourist activity is generally tempered as golf courses are barely open and the lakes remain rather frigid. In fact, this year’s saw snow on Mt. Rose on Saturday followed by glorious 70 degree temps on Sunday and Monday; a perfect microcosm of May in Tahoe.

A reliable occurrence, however, in good markets and bad, is an influx of new listing inventory. Regardless of the performance of the region, some number of homeowners reach the end of their useful per of ownership; whether driven by the expiration of ski leases or simply other life interests to pursue in different locations. Additionally, the lift and haul of bringing a home to market may be intensified during winter when deferred maintenance projects are difficult to see though. As such, new listings swell as the snow recedes.

While market conditions have been extremely imbalanced for the several quarters, a glut of new offerings have been brought to market in the last 30 days nearly doubling the available supply. In total 263 new listings have been brought to market representing a 34% increase. This load brings the total inventory to 773 properties equal to 5 months’ supply. While still shy of the typical 6 month balance, this provides early summer consumers with a decent selection of product to view.

Despite being in the midst of the quiet season, real estate sales continue at a clip busier than is typical of the season. 168 properties are currently pending sale, 92 of which went into contract within the last 30 days.

All of this adds up to market conditions prime for an active summer. Ample inventory, strong demand and quality product are a perfect formula to match the excellent summer seasons experienced in each of the last few years.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

Farmers' Markets - Summer 2018

Farmers’ markets are open and back in action in the Truckee/Tahoe area. Featuring a variety organic local farm produce, cheese, breads, meats, local honey and more, the markets are the best place to stock up for healthy summer meals. There are several different locations and times to find the markets throughout the week.

Tuesdays 8AM-1PM: Truckee Certified Farmers’ Market is located near the baseball fields at 10500 Brockway Road in Truckee.

Thursdays 8AM-1PM: Tahoe City Farmers’ Market located at Commons Beach in Tahoe City

Sundays 9AM-1PM: Truckee Community Farmers’ Market is located at the end of town near the outlet stores at 12057 Donner Pass Road. This market is a food and farms only market, showcasing locally grown and artisan quality foods. Sponsored by Slow Food Lake Tahoe, the goal is to support local farms and producers within 125 miles of Truckee.

Bon Appetit.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

Opening Day at Lake Tahoe

The Memorial Day holiday weekend marks the beginning of summer fun and festivities at Lake Tahoe. There will be a variety of events such as live music, tours and beach openings to kick off the season all around the lake. 

Lakeside restaurants that are synonymous with summer in Tahoe such as Chambers Landing, Sunnyside, Jake’s on the Lake, Garwoods and West Shore Café all have festivities planned. The Bridgetender will open their riverside dining and the Firesign Café will open their outdoor deck for their legendary breakfast and lunch offerings.

Iconic historical museums and sites around the lake are opening this weekend including the Gatekeepers Museum in Tahoe City, the Ehrman Mansion at Sugarpine Point State Park and tours will start for the season at Vikingsholm in Emerald Bay.

Meeks Bay beach, resort, and marina will be open to the public starting on Friday the 25^th. Obexers marina will open for the season this weekend including the market and deli, and rental operations. Homewood High and Dry Marina will be open as well.

It’s time to think summer and to get ready for a whole new season of adventures in and around Lake Tahoe.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

Tahoe Star Tours at Northstar

The options for activities and recreation are seemingly endless in the Tahoe area, especially during long summer days. The fun does not have to end just because the sun sets. This summer, Tahoe Star Tours is hosting a series of “Stargazing” events at Northstar on Thursday, Friday, and Saturday evenings, sometimes in conjunction with meteor shower viewings or other amazing celestial events. Events will occur between June 14^th and September 1^st.

Every event will include a laser tour of the night sky and the opportunity for guests to look through high powered telescopes and be directed in how to find major constellations, planets and even see other galaxies. Prepare to be awe-struck by all that surrounds us every night that is often taken for granted.

The star gazing events will include poetry and a Star Guide to direct the evenings activities. Attendees will enjoy comfortable seating, blankets, hot cocoa, s’mores and more to complement an unforgettable night.

Photo courtesy of Tahoe Star Tours. 

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

Take Care Tahoe - New Collaborative Website

Interested in learning more about Lake Tahoe? Want to know about opportunities to get involved in local environmental efforts? Need some ideas for outdoor adventure?  A new website has been launched by a group of people who love Lake Tahoe and want to spread the word about news and events that relate to environmental education and experiencing the beauty of the Lake Tahoe region. Take Care is a comprised of more than 20 environmental organizations in the Tahoe region, and their new website is TakeCareTahoe.org.

The goal is to spread the word about regional education, volunteer opportunities and events such as hikes and beach clean-up days that everyone can participate in. The website is a useful resource for visitors and residents alike, and allows searches to be conducted for specific date ranges to see what is happening on any particular day. There are events and education opportunities for kids as well to help raise awareness about basic bear awareness, litter clean up, and camping safety.

This collaboration of the local organizations who are dedicated to the care and stewardship of the Lake Tahoe region is a fantastic resource. Anyone who has experienced the beauty of Lake Tahoe and the surrounding areas knows that they are unlike anywhere else in the world, and we should all do our part to keep them that way.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012