Dickson Realty February 2016 Newsletter for Truckee, North Lake Tahoe, Plumas & Sierra Counties

Dickson Realty’s February 2016 Newsletter Sales of single family homes for the Truckee/Lake Tahoe, California area for 2015, as reported in the Tahoe Sierra Multiple Listing Service, were almost at the levels of 2006, just before sales started dropping off during the "downturn" in the market. A perfect winter is underway as well as thriving economic conditions which are setting up 2016 to be a monumental year.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter

Source: Tahoe Sierra MLS

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter HOME IS WHERE THE HEART (and Mom) IS Typical American lives only 18 miles from Mom

Over the last few decades, Americans have become less mobile, and most adults – especially those with less education or lower incomes — do not venture far from their hometowns, according to analysis from the New York Times. In fact, the typical adult lives only 18 miles from his or her mother.

•The data reveal a country of close-knit families, with members of multiple generations leaning on one another for financial and practical support.

•Over all, the median distance Americans live from their mother is 18 miles, and only 20 percent live more than a couple hours’ drive from their parents.

•The biggest determinants of how far people venture from home are education and income. Those with college and professional degrees are much more likely to live farther from their parents than those with a high school education.

•Wealthier people can afford to pay for services like child and elder care, while low-income families are more likely to rely on nearby relatives. It seems likely that the more education someone has, the farther from home they go.

•Families live closest in the Northeast and the South, and farthest apart on the West Coast and in the Mountain States. Part of the reason is probably cultural — Western families have historically been the least rooted.

•Married people live farther from their parents than singles, and women are slightly likelier than men to leave their hometowns.

•With the exception of college or military service, 37 percent of Americans had never lived outside their hometown, and 57 percent had never lived outside their home state.

The Dickson Truckee Team Source: NY Times

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter

Home buying season is approaching. Be ready!

Ask your agent for contact info for their trusted lenders. If you have problems with your credit score, you can talk with them about how to improve it before you find that perfect home.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter FORECLOSURE INVENTORY DECLINES IN NOVEMBER 2015 Foreclosure inventory declined 21.8 percent and completed foreclosures declined 18.8 percent in November compared with the previous year, according to CoreLogic’s November 2015 National Foreclosure Report. The number of completed foreclosures in November was down 71.6 percent from the peak of 117,657 in September 2010.

The foreclosure inventory represents the number of homes at some stage of the foreclosure process and completed foreclosures reflect the total number of homes lost to foreclosure.

As of November, the national foreclosure inventory included approximately 448,000, or 1.2 percent, of all homes with a mortgage compared with 573,000 homes, or 1.5 percent, in November 2014. The November 2015 foreclosure inventory rate is the lowest for any month since November 2007.

California ranked fourth with 24,000 in a list of states with the highest number of completed foreclosures for the 12 months ending in November 2015. Only Florida (83,000), Michigan (51,000), and Texas (29,000) ranked higher.

More…

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter But why?

It is human nature to go with what you know, and who you know. But there are perks to working with local lenders, and agents. It is very common for you to ask your agents, ‘why’ when they refer you to a local lender. Well, we would like to answer those for you!

If I already have a relationship with Wells Fargo, Chase, Bank of America, or any other out of area banks then why would I use a local lender recommended by my agent? Your agent has referred you to us because they have worked side by side with us already. They know we will move mountains to provide their clients with ‘wow’ service and competitive rates! Common banks such as Wells Fargo do not specialize in only lending. Guild Mortgage is a specialized mortgage bank and broker, and has been in business for 55 years!

I just did a refinance in my home town and it went great! Why would I not use them again for my next purchase? Doing a purchase is a different experience than just a refinance. Our agents like to know that the purchase is being handled by someone they know and trust. Unfortunately the out of town lenders do not have the same loyalty to the agent, because to them it is just another transaction. But we are 150% committed to satisfying you as a client, and a smooth transaction the entire way through!

I want the best rate, and I do not care who I work with! We have very competitive rates, and will take the time to really structure the loan to best fit your scenario. We want to offer you and your family the best options while purchasing a home in our community. Sometimes one program is not the right answer and by tweaking the loan just right, it can save you thousands over the life of the loan.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter

But why?

continued

When choosing the lender for your transaction, find who will have you in their best interest.

Then you will be on your way to opening the door to your dream home!

-The Rice Team, Guild Mortgage Company 530-582-9991 | www.thericeteam.com |team@thericeteam.com

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter February EVENTS

4 – Trivia Night (weekly) 6:30 – 8pm; Pizza on the Hill, Northwoods Clubhouse, Tahoe Donner Stop by Pizza on the Hill every Thursday night for a trivia challenge.

Answering questions correctly could mean winning free prizes.

Trivia night is held every Thursday night, but subject to cancellation for low attendance.

Information: 530-587-9400 5 – Kids Night Out (also on Jan. 16) 5-9pm; Northwoods Clubhouse, Tahoe Donner $20 in advance, required at least one day in advance. Space is limited.

An evening of games, dinner, arts and crafts, the Friday Night Movie and even a bedtime story at Northwoods Clubhouse. Parents may enjoy a night out wile the trained staff looks after your little ones.

Information: 530-587-9437 5 - First Fridays Historic Downtown Truckee, 5:30 - 8 pm Most of downtown’s unique shops, boutiques, art studios, and eateries will keep their doors open later and offer special promotions, activities, demonstrations, food and beverages, music, and more! Participating shops and restaurants will display First Friday Flags so the public will know where the fun is.

Information: www.historictruckee.com The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter 5 – Family Movie Night (weekly) Northwoods Clubhouse, 11509 Northwoods Blvd., Tahoe Donner 6:30 – 9:30pm Kids and adults, bring a favorite pillow and blanket to the Northwoods Clubhouse, kick back, and enjoy both classic and new movies every Friday night. Movie nights begin at 6:30 p.m. and the films are rated G and PG. To find out what movie will be playing in advance, call Member Services at 530-587-9400 6 – STEAM Exploration Saturdays (weekly) 9am– 12noon; $35 per child – ages 4-7 Prices vary – see website STEAM is Science, Technology, Engineering, the Arts and Mathematics.

Science & Art: Bubbles, oil, salt, crystals and watercolor. Discover how creative you can be.

Technology & Engineering: make things move with animation, toys and circuits.

Have a blast experiencing how math can help your artistic designs.

Information: www.kidzonemuseum.org 12 - Arts for the Schools 2015-2016 Onstage Season presents “Las Cafeteras” Community Arts Center, 10046 Church St., Truckee 7-8pm; $20 Adult, $10 Senior, $5 Child Las Cafeteras is a seven piece band playing a remix of Veracruz’s traditional Son Jarocho sounds and hip-hop, rap and pop with Afro-Caribbean marimbol and cajón, poetry in English and Spanglish, and instruments like jarana, requite, a donkey jawbone.

Information: www.artsfortheschools.org The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter 13 – Snowshoe Through History 11am -12:30pm Ed Z'Berg-Sugar Pine Point State Park, Tahoma, CA Free program, $5 parking fee oin our State Park Interpreter for an easy and fun 90 minute walk along Lake Tahoe’s magical west shore.

Discover what attracted Tahoe’s earliest settlers and uncover secrets of the Hellman-Ehrman Estate in Sugar Pine Point State Park Meet near the restrooms in the Day Use side of the park (lake side entrance off Highway 89). Wear warm layered clothing, waterproof hiking boots, and bring your own snowshoes.

Snowshoes can be rented at a local sporting goods shop, such as West Shore Sports in Homewood.

13 – Humane Society of Truckee/Tahoe’s 8th Annual Black Tie & Tails Gala Ritz Carlton Lake Tahoe, 13031 Ritz Carlton Highlands Ct., Truckee 5:30 – 11pm Information: www.hstt.org 15 – Arts for the Schools 7-8pm; Truckee High School Theater, 11725 Donner Pass Rd., Truckee $20 Adult, $10 Senior, $5 Child Live Theater Featuring Anu Yadav Information: www.artsfortheschools.org

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter 20 – Free Hazardous Waste Drop-off Eastern Regional Landfill, 900 Cabin Creek Road (between Truckee and Squaw) Free Call 530-583-7800 for an appointment 20 – Glowstick Downhill Parade and Carnival Tahoe Donner Downhill Ski Area, 11603 Snowpeak Wy., Truckee 4:30 – 7:30pm; free A kids’ version of the Torchlight Parade with glowsticks for children 10 or younger who can ski or ride unassisted in the dark on our Snowbird run. Participants should plan to come early to secure a spot in the parade, and get glowsticks by playing free carnival games. Music and snacks will be provided in the bar area prior to the parade. Sign-ups and the carnival start at 4:30 p.m. with the parade starting at 6:30 p.m.

Information: www.tahoedonner.com 20 – Squaw Valley Prom Squaw Valley Olympic House, 217 Granite Chief Rd., Olympic Valley, CA $100 per couple, $200 stag, free parking; 8pm The Squaw Valley Prom returns in 2016 for its twelfth year and has become the staple party for everyone in the Squaw Valley area.

Information: https://www.eventbrite.com/e/12th-annual-squaw-valley-prom-tickets

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

Dickson Realty’s February 2016 Newsletter 21 – Tahoe Donner Challenge Tahoe Donner Cross Country Ski Area, 15275 Alder Creek Rd., Truckee, CA 10am Choose the adventurous 40-kilometer course, or for something easier, take the shorter 20-kilometer course. This is great preparation for those doing The Great Race. Lunch and a raffle prize drawing for participants are included with entry.

Information: www.tahoedonnner.com

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440