May 26, 2010
Memorial Day Weekend in Tahoe
In Tahoe we have been experiencing one of the wettest springs I can remember as it has been raining and snowing every week with temps that feel more like Autumn. With over 550 inches(45.8 feet!) of snow this winter the mountains are still packed with snow which should lead to the lake rising 3 to 5 feet, a reduced fire season, and one of the best wildflower seasons we have seen in years. I have been watching the weather like a hawk and this weekend we should see temps return to normal just in time for the holiday weekend!Memorial Day weekend in Tahoe signals the start of the summer as people start to launch their boats, the restaurants have deck opening parties, and the summer events and music schedules fill up. This weekend will be no exception and the Tahoe proprietors have come together to make this weekend one of the best ever. Outdoor enthusiasts will be overwhelmed with options this weekend as you can mtn bike in Truckee, ski corn in the mountains, the bike path is now open, and the lake is prime for kayaking, paddle boarding , and boating. _______________________________________
Events and Music
MAY 27-31 (Thursday-Monday)
OPENING DAY ON THE LAKE The West Shore Association celebrates Opening Day on the Lake, the official start of the boating season, with deck opening parties, museum and historical tours, live music, standup paddleboard relay and demos, and sea plane splash-in. Visit www.tahoewestshoreassoc.com
MAY 28 (Friday)
DECK OPENING PARTY Sunnyside Resort hosts its annual Deck Opening Party starting at 11:30 a.m. with a live band and raffle.
PIER OPENING PARTY Chamber’s Landing hosts its annual Pier Opening Party from 5 p.m. until closing.MAY 29 (Saturday)
PATIO OPENING PARTY Bridgetender at the wye hosts a Patio Opening Party at 4 p.m. MAY 29-30 (Saturday-Sunday)
HOME & BUILDING SHOW The 18th Annual Truckee Home & Building Show and Regional Green Building Symposium will be held at the Truckee High School. $6 admission benefits local schools. Free parking. (800) 758-1528 or www.truckeehomeshow.com
VALHALLA RENAISSANCE FAIRE Live theater, jousting, singing, dancing, storytelling, feasts, merchants, sword fighting and more at Camp Richardson Resort. (415) 354-1773
MAY 31 (Monday)
PADDLEBOARD DEMO Stillwater Standup Paddleboard and West Shore Sports host a free Standup Paddleboarding Demo from 8 to 10:30 a.m. at Obexer’s Marina.
SEA PLANE SPLASH-IN Mike Brown Seaplane Splash-In hosted by EAA Chapter 1073 at Obexer’s Boat Company from 10 to 11 a.m. There’s a barbecue from 11 a.m. to 2 p.m. at Obexer’s General Store, with the Fly By Finale from 1 to 1:30 p.m.
Tahoe Real Estate Update
The real estate markets in N. Lake Tahoe and Truckee are very active going into the summer selling period. We have seen the most activity for distressed (REO/Short Sale) listings along with well priced properties. The sub $400K market is the most active but we are also seeing movement in the upper end of the market as well. Since January we have seen 4 Tahoe Lakefront sales ranging in price from $2.1M to $5.5M and currently there are 3 pending sales including a $16.9M listing!
The Tahoe markets appear to be strengthening as there are fewer distressed listings than a year ago and the current supply of inventory is lower than demand which should help bring some stability into the market. Along with a stronger supply curve we are also lucky to have interest rates that are hovering around 4.7% for a 30 yr fixed rate loans. These rates may not last through the summer making for the perfect time to take advantage of the market! Feel free to contact me anytime to discuss market conditions and Tahoe real estate .
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Thinking of Selling?
If you are thinking about selling your Lake Tahoe or Truckee real estate than we should talk. Currently inventories are low and there are many qualified buyers looking for homes in Truckee and Tahoe. I have an extensive marketing plan that will help you sell your home quickly and for top dollar! By utilizing the latest e-marketing techniques and social media I will get your property in front of qualified buyers 24/7 and get it sold!
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2101 Scott Peak Pl
975 The Drive Tahoe City, CA
+/- .34 Acre
Level Topography Close to Tahoe City
ClickHERE for more
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additional info on these listings or to find out about other Tahoe/Truckee
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