Dickson Truckee/Tahoe Newsletter - November 2019

NEWS YOU CAN USE

NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Contents

Truckee Office; Happy Thanksgiving Wishes Sales Statistic Reports

Pg.

2 3-5

Guild Mortgage Corner

6

California Assn.. Of REALTORS ®2020 Forecast

7

The Transaction from End To End Pyramid Trail Link Reno to Truckee Open

8-10 11

TART – Winter Service to Ski Resorts

12

2019 Ski Resort Estimated Opening Dates

13

Winter Weather Tips

14-15

Nov. Event Calendar and Event Details

16-19

Photos courtesy Squaw Valley Alpine Meadows

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

The Dickson Realty Truckee Team is always available to provide excellent and dedicated client service whether you are considering buying or selling a home. Our team of seasoned professionals, all Realtors®, possess the most current and comprehensive market information and, combined with their knowledge and experience, they are uniquely qualified to be expert guides in your real estate venture. Call, e-mail, visit our office, or access us on the web. We are here for you 24/7.

Office Info: Phone: 530-587-7444 Fax:530-587-8064 Email: truckeeinfo@dicksonrealty.com Web: www.Dicksonrealty.com

At this time of Thanksgiving celebration our thoughts turn gratefully to you with warm appreciation.

Our best wishes for a Happy Thanksgiving!

“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.”– John Fitzgerald Kennedy

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

The statistics presented this month are a comparison of total sales activity for Year to Date September 2019 when compared to the same period in 2018.

Information provided includes Median and Average prices, Lowest and Highest sales, Average Days on market and the Number of Transactions; and, showing the year-to-year % change in each category.

The sales shown are for Single Family Residential, Condominiums and Townhouses in each market area.

(Time share and/or shared ownership are not included in the statistics presented.)

The data source is the Tahoe Sierra Multiple Service with data pulled on October 10, 2019 Truckee Inclusive shows total market activity which includes sub-markets of Tahoe Donner, the Golf Course Communities, Donner Summit, and Northstar California..

Specific details of those sub-markets are shown separately on the next page

Truckee

YTD SEPT.

Inclusive

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

YTD SEPT.

2018 675,250 1,057,203 87,900 11,750,000 56 640

2019 680,500 1,008,813 60,000 8,500,000 64 612

$ $ $ $

% Change 1% -5% -32% -28% 14% -4%

TRUCKEE INCLUSIVE $1,200,000 $1,000,000

$1,057,203

$800,000 $600,000

$675,250

$1,008,813 $680,500

$400,000 $200,000 $2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

Average Sold Price

Dickson Realty is dedicated to helping you keep a pulse on the local market and real estate related information by providing the latest news, trends, and issues affecting the area’s real estate market.

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Tahoe Donner

YTD SEPT.

Truckee Sub-Market

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

2018 647,450 703,681 87,900 1,700,000 34 238

Tahoe Donner Trukee sub-market

YTD SEPT. $ $ $ $

2019 637,500 705,004 105,000 1,960,000 40 221

% Change -2% 0% 19% 15% 18% -7%

$720,000 $700,000

$660,000 $640,000

$647,450

$637,500

$620,000 $600,000 2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

Northstar Truckee Sub-Market

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

YTD SEPT 2018 810,000 1,061,648 225,000 4,741,000 110 66

$ $ $ $

YTD SEPT 2019 777,500 997,065 185,000 3,100,000 133 69

% Change -4% -6% -18% -35% 21% 5%

$705,004

$703,681

$680,000

Average Sold Price

Northstar California Truckee sub-market $1,200,000 $1,000,000 $800,000 $600,000 $400,000

$1,061,648

$997,065

$810,000

$777,500

$200,000 $2018

2019

YTD SEPT

YTD SEPT

Median Sales Price

Golf Course Communities

YTD SEPT.

Golf Course Communities Truckee sub-market

YTD SEPT.

2018

Truckee Sub-Market

2019

% Change

Median Sales Price

$

2,750,000

$

1,697,019

-38%

Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $

3,294,124 560,000 11,750,000 128 81

$ $ $

2,689,094 655,000 8,500,000 107 85

-18% 17% -28% -16% 5%

Gray's Crossing, Lahontan, Old Greenwood, Schaffer's Mill & Martis Camp $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $-

$3,294,124 $2,750,000

$2,689,094 $1,697,019

2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

Donner Summit

YTD SEPT.

Truckee Sub-Market

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

2018 502,000 584,481 175,000 2,400,000 41 55

2019 600,000 771,222 60,000 3,450,000 69 45

Average Sold Price

Donner Summit Truckee sub-market

YTD SEPT. $ $ $ $

Average Sold Price

% Change 20% 32% -66% 44% 68% -18%

$900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $-

$771,222 $584,481

$502,000

$600,000

2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

Average Sold Price

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Alpine/Squaw

YTD SEPT

*

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

2018 562,000 717,893 175,000 2,150,000 213 59

YTD SEPT $ $ $ $

2019 635,000 819,759 136,000 3,650,000 130 81

Alpine/Squaw Valley

% Change 13% 14% -22% 70% -39% 37%

$900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $-

$819,759 $717,893 $635,000

$562,000

2018

2019

YTD SEPT

YTD SEPT

Median Sales Price

North Lake Tahoe

YTD SEPT.

California

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

2018 600,000 996,905 115,000 22,865,543 69 213

YTD SEPT. $ $ $ $

2019 615,000 785,857 125,000 5,475,000 73 169

North Lake Tahoe, California

% Change 3% -21% 9% -76% 6% -21%

$1,200,000 $1,000,000 $996,905

$800,000

$785,857

$600,000 $400,000

$615,000

$600,000

$200,000 $2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

West Shore Lake Tahoe

YTD SEPT.

California

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

2018 715,000 1,681,757 222,500 40,000,000 71 125

YTD SEPT. $ $ $ $

2019 725,000 1,441,068 199,000 37,000,000 74 123

Average Sold Price

Average Sold Price

West Shore Lake Tahoe, California

% Change 1% -14% -11% -8% 4% -2%

$1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $-

$1,681,757 $1,441,068

$725,000

$715,000

2018

2019

YTD SEPT.

YTD SEPT.

Median Sales Price

Average Sold Price

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Guild Mortgage Corner Closing costs? What are they and how to be prepared Nobody likes to be caught off-guard, especially when buying a home. The good news is we’re here to help you prepare for one of the final steps in the homebuying process– paying closing costs.

Calculating closing costs Also referred to as settlement costs, closing costs are expenses the buyer pays over and above the price of the property. It shouldn’t come as much of a surprise that they’re paid when you close the home. Defining exactly how they are calculated can be tricky because they are not one specific line item, but instead a collection of variable expenses identified for different reasons.

Common expenses While the exact expenses aren’t the same for all home purchases, there are some common fees you can expect to pay. These can be broken down into recurring payments and one-time fees. Prepaid costs may include property taxes and homeowner’s insurance. One-time or nonrecurring expenses may include: o o

o o o o o

Origination fee: paid to the lender for the cost of processing the loan; or if you pay to lower the interest rates – this can also be put in origination fees Underwriting fee: paid to the lender to assess the eligibility of potential buyers to ensure all requirements are met per the lender, the federal government, and the secondary mortgage market Appraisal fee: depends on property type and location Miscellaneous fees: such as credit reports, flood certificate, etc.

Settlement agent fees: covers the office handling the exchange of money and documents–usually conducted by the title company or attorney Title fees/Escrow fees: cost for the title search to unearth any liens on the property that could interfere with ownership with clean marketable title.

Recording fees: a government fee determined by the county and assessed for legally recording the Deed of Trust or Mortgage and other documents related to the loan

How to estimate closing costs Contact The Rice Team to schedule your pre-approval structure appointment. During this appointment you will be given an accurate estimate of how much money will be needed for all closing costs.

If you have any questions regarding loan limits, refinancing or purchasing a home, please feel free to reach out to The Rice Team.

11050 Pioneer Trail Suite 201 Truckee, CA 96161 Phone: (530) 582-9991 Fax: (530) 582-9995.

Web:wwwTheRiceTeam.com

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA. C.A.R. releases its 2020 California Housing Market Forecast

projected gain of 2.2 percent in 2019. With California’s 2020 nonfarm job growth rate at 1.0 percent, down from a projected 1.5 percent in 2019, the state’s unemployment rate will tick up to 4.5 percent in 2020 from 2019’s 4.3 projected figure.

LOS ANGELES (Sept. 26) – Low mortgage interest rates will support California’s housing market in 2020 but economic uncertainty and affordability issues will mute sales growth, according to a housing and economic forecast released today by the CA L IF O R NIA A SS OCIA T ION O F R E A L T O RS ® (C. A .R .).

The average for 30-year, fixed mortgage interest rates will dip to 3.7 percent in 2020, down from 3.9 percent in 2019 and 4.5 percent in 2018 and will remain low by historical standards.

C.A.R.’s “2020 California Housing Market Forecast” sees a small uptick in existing single-family home sales of 0.8 percent next year to reach 393,500 units, up from the projected 2019 sales figure of 390,200.

The 2019 figure is 3.1 percent lower compared with the pace of 402,800 homes sold in 2018.

“California’s housing market will be challenged by changing migration patterns as buyers search for more affordable housing markets, particularly by firsttime buyers, who are the hardest hit, moving out of state,” said C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young. “With California’s job and population growth rates tapering, the state’s affordability crisis is having a negative impact on the state economically as we lose the workers we need most such as service and construction workers, and teachers.”

The California median home price is forecast to increase 2.5 percent to $607,900 in 2020, following a projected 4.1 percent increase from last year to $593,200 in 2019.

“With interest rates expected to remain near threeyear lows, buyers have more purchasing power than in years past, but they may be reluctant to get off the sidelines because of economic and market uncertainties,” said C.A.R. President Jared Martin.

“Additionally, an affordability crunch will cut into demand in some regions such as the Bay Area, where affordability is significantly below state and national levels. These factors together will subdue sales growth next year.”

In fact, according to C.A.R.’s 2019 State of the Housing Market Study, nearly a third (30 percent) of those sellers who planned on repurchasing said that they will buy their next home in another state outside of California — the highest level since 2005. Older generations were more likely to buy outside of California as 37 percent of baby boomers and silent generation planned on repurchasing in another state, but only 30 percent of Millennial sellers planned to do the same

C.A.R.’s forecast projects growth in the U.S. gross domestic product of 1.6 percent in 2020, after a

2020 CALIFORNIA HOUSING FORECAST 2015

2016

2017

2018

2019p

2020f

SFH Resales (000s)

409.4

417.7

424.9

402.8

390.2

393.5

% Change

7.00%

2.00%

1.70%

-5.20%

-3.10%

0.80%

Median Price ($000s)

$476.30

$502.30

$537.90

$570.00

$593.20

$607.90

% Change

6.60%

5.40%

7.10%

6.00%

4.10%

2.50%

Housing Affordability Index*

31%

31%

29%

28%

32%

32%

30-Yr FRM

3.90%

3.60%

4.00%

4.50%

3.90%

3.70%

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

The Transaction from End to End Now that you've found the perfect home, it's time to get the deal rolling. You'll need to sign a residential purchase agreement, make an offer, possibly put down a deposit, conduct inspections and close the sale. If this all sounds overwhelming to you, don't worry; your REALTOR® will guide you through each step.

Making An Offer: Residential Purchase Agreements and Buyer Representation Agreements If you're ready to purchase the home, you must get all the details in writing. The offer begins with a written proposal spelling out your price and any stipulations regarding the purchase. If the seller has agreed to pay part of the closing costs, for example, that needs to be specified in the accepted offer. In addition, sometimes offers to purchase are contingent upon factors like the buyers' ability to obtain financing or the sellers finding housing within a certain time frame.

The residential purchase agreement contains the comprehensive terms of the deal, including sales price, deposit, closing date, disclosure requirements, inspections, and fees agreed upon by both parties. Other provisions also are included, such as the buyer's final inspection and the method by which all real estate taxes and other bills will be pro-rated between buyer and seller.

The CALIFORNIA ASSOCIATION OF REALTORS® offers its own official agreement, the C.A.R. Residential Purchase Agreement and Joint Escrow Instructions (RPA-11). This multi-functional document serves as an offer to purchase real property, a completed contract when its signed by the buyer and seller and communicat ion of acceptance is received, a receipt for good faith earnest money deposit, and more.

Summaries of the Residential Purchase Agreement are available in Spanish, Chinese, Korean, Tagalog and Vietnamese.

Another standard form produced by C.A.R. and typically used by California REALTORS®, BR-11 (Buyer Broker Representation Agreement) is an agreement between a potential buyer of real property and a real estate broker.

The agreement defines the scope of the tasks and duties to be performed by the buyer and broker leading up to the completion of a real estate sale. The form also provides a written consent to a dual agency, if one develops, and informs the buyer that the broker or agents for the broker may be working with other buyers looking for similar properties. The agreement does not, however, obligate a buyer to pay the broker for services rendered.

Even if an agreement is signed, a broker must still look to a seller or a listing broker for compensation. This form is non-exclusiv e and may be revoked at any time by either the buyer or broker. In addition, the agreement places a limit on the time within which a legal action can be brought against the broker.

There are ways for buyers to look more appealing to a seller, thereby possibly gaining a negotiating edge.

All-cash buyers and those already pre-approved for a mortgage have an advantage. In addition, sellers who are ready to move prefer buyers who don't have a present house to sell first.

An offer to purchase is often followed by a counteroffer by the seller, which can be countered again by the buyer. This is common practice as both sides attempt to negotiate an agreement that meets their individ ual needs.

Completing the residential purchase agreement is a complicated part of the transaction process that buyers shouldn't enter into without the assistance of a REALTOR®. REALTORS® have access to the standard forms needed and receive updates from their local, state and national associations on state and federal laws regulating

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

agreements. REALTORS® can either answer any questions you might have or refer you to the appropriate authority.

Buyers' Up-Front Fees In conjunction with the residential purchase agreement, buyers are usually expected to put down a deposit at the beginning of the transaction. If the buyer completes the sale, this money will be credited toward the buyer's down-pay ment. If the buyer doesn't complete the sale for legal or contractual reasons, the money is typically returned. However, if the buyer doesn't complete the sale for other reasons, the seller may be entitled to keep the deposit. The U.S. Dep art men t of Ho u si n g an d Urb an Dev el o p men t (HUD) advises that deposits should be "substantial enough to demonstrate good faith," usually 1 to 5 percent of the purchase price.

Often, buyers may put up to 20 percent down.

Because buyers frequently pay for most inspections, it may be a good idea to investigate the costs of the inspections you plan to obtain before an offer is made.

Inspections and Appraisals Home inspections vary greatly. Some check the home's structure, construction and mechanical systems, and appliances, which may be transferred with the property. Although different inspectors look for and test different things and may not discover everything that is wrong with a property, obtaining inspections is the best way to become informed of necessary repairs or problems with the home. Be advised that inspectors do not assess the value of your home.

According to HUD, an inspector typically checks the electrical system, plumbing and waste disposal, the water heater, insulation and ventilation, the HVAC system, water source and quality, ceilings, walls, floors, and roof.

In addition to being inspected, the home will undergo an appraisal by a trained professional. An appraisal is an opinion of the property's value used primarily to protect the lender's interest. In contrast to home inspections, appraisals are based on past sales data, the location of the home, the size of the lot and the condition of the home. For mortgages insured through the FHA, appraisers must disclose potential problems relating to the physical condition of the home; there are no similar stipulations for non-FHA mortgages.

Closing The closing is the day you've been waiting for: when ownership of the home officially transfers from the seller to you! Prior to the closing, the escrow agent will present you with scores of legal documents to review and sign, and you'll be expected to pay your down-pay ment and closing costs. In addition, a number of other legal procedures must be completed before the sale can close, including approving the mortgage application, clearing the title, appraising the property and recording the deed.

The Real Estate Settlement Procedures Act (RESPA) provides specific protection to buyers before, during and after closing. If a settlement service has referred you to a REALTOR® with whom the service has abusiness connection, an Affiliated Business Arrangement Disclosure is required prior to closing. You're entitled to receive a preliminary copy of a HUD-1 Settlement Statement, which lists estimates of all settlement fees to be paid by buyer and seller, if you request it 24 hours before closing; the final HUD-1 Statement is a requisite part of closing.

In addition, an Initial Escrow Settlement Statement is required at closing or within 45 days of closing. This details the estimated taxes, insurance premiums and other charges that must be paid from the escrow account during the first year of the loan.

Within three days after your loan application is received, your lender must deliver or mail you a "good faith estimate" of the total amount due at closing, as well as a copy of the HUD publication Settlement Costs: A HUD Guide. Closing costs typically are comprised of attorneys' or escrow fees, property taxes, interest, loan origination fees, recording fees, survey fees, first premium of mortgage insurance, title insurance, loan discount points, first payment to escrow account, paid receipt for homeowner's insurance policy and any document ation preparation fees. F an n i e Mae estimates that most buyers' closing costs amount to 3 to 6 percent of the sales price.

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Stretch of Tahoe Pyramid Trail linking Reno to Truckee offers million-dollar views Benjamin Spillman, Reno Gazette Journal Published Oct. 3, 2019 | Updated 10:57 a.m. PT Oct. 4, 2019

The newest segment of the Tahoe-Pyramid Trail between Reno and Truckee features a million-dollar view. Literally. It’s a 600-foot boardwalk attached to a slab of rock known as “Hogback” hanging above the Truckee River near Floriston, Calif.

Janet Phillips, president of the Tahoe-Pyramid Trail, said the segment cost $1 million to construct.

“It is the most expensive thing we have ever built and the most difficult,” Phillips said Thursday during a celebration of the trail. “But it is also the most beautiful.”

The incredible view from the boardwalk isn’t the only reason the new segment of trail is important.

The Tahoe-Pyramid Trail connects Reno and Truckee along the Truckee River. (Photo: Benjamin Spillman and Sam Gross) It’s also the final link in an approximately 15mile stretch connecting Reno to Truckee on a dirt route that’s protected from cars and other motorized use.

Before the boardwalk, people on bikes had to leave the trail and ride or walk along Interstate 80 to reach the next segment.

“It’s beautiful, it’s so safe, you know that you’re not on the highway, that’s amazing,” said Amy Berry, executive director of the Tahoe Fund, who joined the celebration Thursday.

The ultimate plan for the Tahoe-Pyramid Trail is an off-highway connection for biking and walking that connects Lake Tahoe to Pyramid Lake and covers a distance of about 115 miles.

With the connection in Floriston complete, trail builders say the project is 80 percent done and offers a mix of dirt and paved riding, including some bike lanes on roads shared with cars.

People who want to stay on dirt and avoid cars altogether can now do so while riding between Hirschdale near Truckee to Verdi near Reno.

People who don’t mind mixing with traffic by bike lane can continue through Truckee all the way to Tahoe City.

What makes the segment between Reno and Truckee unique is it provides an opportunity to experience the scenery and history of the Truckee River up close.

“It’s really a nice ride coming down below Hirschdale,” said Dick Benoit, a cyclist from Reno who attended the trail celebration. “It’s one of these trails that is relatively rare in the area, there are not really monster uphill climbs on it.”

The challenging part of constructing the trail was finding a way to move riders through the steep, narrow stretch of river canyon without crossing Union Pacific Railroad-owned property.

To accomplish the feat, workers had to use steel and pressure treated lumber to attach stairs and a boardwalk to the canyon wall. It’s anchored with screw-like anchors which, in places, needed the addition of epoxy to hold in place.

“No one construction plan or engineering solution would solve all the problems,” said Justin Jendza, project foreman for Richard May Construction. “Every eight feet could involve a really different methodology to anchor the boardwalk.”

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Tahoe Truckee Area Regional Transit (TART)

10065 Donner Pass Rd. Truckee, California 96161 (530) 550-1212 (800) 736-6365 http://tahoetruckeetransit.com Save gas. Save the lake. Save time you'd spend finding parking. Enjoy the beauty of Truckee-North Lake Tahoe and let someone else do the driving. TART offers daily regional bus connections throughout North Lake Tahoe and local service throughout Truckee.

During the winter season, service is also provided to Donner Summit ski resort including Boreal, Sugar Bowl, and Soda Springs.

Take advantage of this service and stay off the icy roads! All information available on their website.

TART provides reliable service on comfortable buses. Fixed route service schedules vary by season. The Truckee local route offers service Monday through Saturday during the non-winter seasons (mid-March through mid-December) and operates 7 days a week in winter (midDecember through mid-March). Winter service extends to Donner Summit.

During the non-winter season, buses shuttle between the Truckee-Tahoe Airport, Truckee Donner Parks and Recreation Center, Downtown Truckee, Gateway Shopping Center, Crossroads Shopping Center, Donner Memorial State Park and the west end of Donner Lake.

• • • • • •

Highlights TART Truckee Route Map + Schedule Free Fares!

Winter Park & Ride to Ski Resorts!

Truckee Holiday Shuttles Transit to Trails The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

2019 Ski Resort Openings

All dates are based on resort current estimates and will be weather dependent.

Mt. Rose – Ski Tahoe (Nevada) October 19 Boreal Mountain Resort

November 13

Squaw Valley-Alpine Meadows November 15 Soda Springs

November 16

Northstar California

November 22

Heavenly Mountain Resort

November 22

Kirkwood

November 23

Sugar Bowl Resort

November 30

Sierra-At-Tahoe

December 1

Tahoe Donner

December 7

Diamond Peak (Nevada)

December 12

Homewood Mountain Resort

December 14

Donner Ski Ranch

December 20

Courtesy of:

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

Winter weather tips

Sometimes, Old Man Winter stops in for an unexpected visit. But beyond the inconvenience and discomfort, a winter storm or other severe weather conditions can cause real damage. So, it's important to think about winter preparedness.

Protecting your home is vital. A frozen water pipe can burst and flood your house or basement.

in the winter. If you must shovel snow, stretch before going outside.

•

•

Stay dry. Wet clothing loses all of its insulating value and transmits the cold rapidly.

Prepare your home

An ice dam in your gutter can cause water to seep into and saturate an interior wall. And then there’s your car. Making sure it’s prepped to face winter’s worst is just as critical. After all, what would happen if a blizzard stranded you in your car?

•

Prepare yourself

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Some tips to brace your home for a winter storm: Clean out the gutters, disconnect and drain all outside hoses. If possible, shut off outside water valves.

Insulate walls and attics, and caulk and weatherstrip doors and windows.

Repair roof leaks and remove tree branches that could get weighed down with ice or snow and fall on your house – or your neighbor's. (Avoid liability for the latter.)

Wrap water pipes in your basement or crawl spaces with insulation sleeves to slow heat transfer.

• • •

Some winter weather tips to help you get through a severe stretch of cold: Stay indoors during the storm.

Walk carefully on snowy, icy walkways.

Avoid overexertion when shoveling snow. It’s a serious workout, and going at it too hard can bring on a heart attack − a major cause of death

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

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NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA. • • • • •

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Consider an insulated blanket for your hot water heater.

If you have a fireplace, keep the flue closed when you're not using it.

Have a contractor check your roof to see if it would sustain the weight of a heavy snowfall.

Make sure your furniture isn't blocking your home’s heating vents.

During cold spells, keep cabinet doors open to allow warm air to circulate around pipes, particularly those in the kitchen and bathrooms.

Keep a slow trickle of water flowing through faucets connected to pipes that run through unheated or unprotected spaces.

If your house will be unattended during cold periods, consider draining the water system.

Avoid ice dams –

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where water from melted snow refreezes in the gutters and seeps in under the roof, soaking interior walls. Here’s how: Ventilate your attic.

Insulate the attic floor well to minimize the amount of heat rising through the attic from within the house.

Consider having a water-repellent membrane installed under your roof covering.

Prepare your car

yourself stranded in a vehicle. When the temperatures start to drop: Drive only if it is absolutely necessary. If you must drive, travel during the day.

Don’t travel alone. Keep others informed of your schedule.

Stay on main roads and avoid back road shortcuts.

Top off antifreeze, windshield wiper fluid, gas, oil and other fluids.

Make sure your tires have enough tread.

Consider snow tires.

Keep bagged salt or sand in the trunk for extra traction and to melt ice.

Clear snow from the top of the car, headlights and windows.

Save the numbers for your auto club, insurance agent and towing service into your cell phone.

Keep a cold-weather kit in your trunk. It should include a blanket or sleeping bag, gloves, hard candy, bottled water, folding shovel, first aid kit, flashlight and cell phone charger.

If you’re trapped in a vehicle • •

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Remain inside. Rescuers are more likely to find you there.

Run the engine and heater about 10 minutes every hour. Clear any snow from the exhaust pipe to reduce your risk of carbon monoxide poisoning.

Move around to maintain heat.

Use maps, floor mats and seat covers for insulation.

Take turns sleeping. Someone should always be awake to alert rescuers.

Drink fluids to avoid dehydration.

Turn on the inside light at night so rescue crews can find you.

If you’re stranded in a remote area, stomp out the words "SOS" or "HELP" in the snow.

According to the Department of Transportation, 22% of all vehicle crashes in the U.S. – and 16% of the fatalities – are due to severe weather such as rain, snow, sleet and ice. So, prepare your car for treacherous conditions and extremely cold temperatures – and know what to do if you find

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

NEWS YOU CAN USE

NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

NOVEMBER 2019 SUN

MON 27

TUES 28

WED 29

THUR 30

FRI 31

SAT 01

Halloween 03

02

Tahoe Chocolate & Wine Festival Truckee Ski & Snowboard Swap

04

05

06

07 KidZone Luncheon Fundraiser

08

09

11

12

13

14

15

16 Rotary Club of Truckee CADILLAC BALL

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18

19

20

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22 Holiday Festival and Tree Lighting

23

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25

26

27

28

29

30 Tahoe Donner Light Up The Night

01

02

03

04

05 Tahoe Film Fest

06 Tahoe Film Fest

07 Tahoe Film Fest

Daylight Saving Time Ends

10

Veteran’s Day

Soroptishop

Thanksgiving Day

TRUCKEE FESTIVE FRIDAYS BEGIN

November is the eleventh and penultimate month of the year in the Julian and Gregorian Calendars, the fourth and last of four months to have a length of 30 days and the fifth and last of five months to have a length of less than 31 days. November was the ninth month of the calendar of Romulus c. 750 bc. November retained its name (from the Latin novem meaning "nine") when January and February were added to the Roman calendar. November is a month of late spring in the Southern Hemisphere and late autumn in the Northern Hemisphere.

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

NEWS YOU CAN USE

NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA. Date and Event

Where Held

Time

Contact or Other Information

November 2 Tahoe Chocolate and Wine Festival

Grand Ballroom Hyatt Regency Lake Tahoe 111 Country Club Drive, Incline Village

6:00 pm 10:00 pm

dawnh@sierracom munityhouse.org

It is our pleasure to bring our supporters together for an evening of delectable chocolate created by Tahoe’s finest culinary artists, and sample boutique wine from acclaimed California wine regions including Napa, Amador, and Paso Robles.

Guests will also have the chance to bid on tantalizing items in a live auction and silent auction all while supporting the mission of the Sierra Community House (the newly combined organization made up of the Tahoe SAFE Alliance, North Tahoe Family Resource Center, Project MANA, and the Family Resource Center of Truckee). Guests will have an opportunity to make a meaningful contribution through a special Fund-A-Need.

November 2 37th Annual Ski & Snowboard Swap

Community Recreation Center

1:00 pm 4:00 pm

info@tdrpd.org

Join the fun and look for bargains. Local reps from ski shops and resorts will be on hand to answer your questions. Silent Auction with Season Passes, Lift Tickets, Local Gift Cards, and More! Proceeds from Sales and Silent Auction at the Swap help support Truckee Youth Sports Programs such as Buddy Werner, Girls Volleyball and Youth Basketball.

November 7 Our Future: Discovery Luncheon Fundraiser

Resort at Squaw Creek 400 Squaw Creek Rd. Olympic Valley

11:30 am 1:00 pm

(530) 5875437

Join us for an inspiring update about the Museum’s work and a panel discussion featuring top science educators, moderated by Sherry McConkey of the Shane McConkey Foundation. The panel will address how we can foster the next generation of environmental stewards.

RSVP: Contact your table captain or sign up at kidzonemuseum.org/rsvp More information: kidzonemuseum.org/luncheon

November 16 Rotary Club of Truckee’s Annual CADILLAC BALL

The Ritz-Carlton Lake Tahoe

5:00 pm

Tally Leontovich at

tally.meek@gmail.com

or (530) 386-0645

Fundraiser

Since its inception, the Cadillac Ball has raised over $1.5 million. 100% of the event’s proceeds are returned to our community. Funds raised

by Cadillac Ball have supported Our Truckee River Legacy, Sierra Senior Services – Meals on Wheels, youth and education, arts and culture, animal welfare, and more.

November 21 SOROPTISHOP Soroptimist Club of Truckee Annual Fund Raising Event

Details

The 41st Annual Cadillac Ball GLITTER & GOLD Join us as we celebrate our community in true glam fashion at the 41st Annual Cadillac Ball. Truckee’s most glamorous event features a gourmet dinner, silent auction, and extraordinary entertainment. Come dance the night away to the rocking sounds of Groove Foundry, while raising money to support Truckee-Tahoe youth, seniors, and nonprofit organizations.

Dinner Ticket $160 Payments to the Rotary Club of Truckee are not tax-deductible as charitable contributions for Federal Income Tax purposes.

Dinner Selections: Seared Cauliflower Steak with Summer Caponata and Ancho Tomato Sauce Pan Seared Sea Bass with Farro Risotto, Roasted Vegetables, and Lemon Caper Burre Blanc Short Ribs with Garlic Mashed Potato, Roasted Vegetables, and Sauce Au Jus

Truckee Donner Community Recreation Center 8924 Donner Pass Road, Truckee

5:30 pm 8:30 pm

Artisan Faire with products by local vendors and others

Join us for this annual and highly anticipated fundraiser event.

Hors d’oeuvres, wine and beverages and music are provided to make this a special evening of shopping fun just in time for the holidays. All funds are donated to local charitable programs.

See separate flyer provided for more detail.

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

NEWS YOU CAN USE

NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA. Date and Event

Where Held

Time

November 22 HOLIDAY FESTIVAL AND BUD FISH ANNUAL TREE LIGHTING

Downtown Truckee & Train Depot Island

4:15 pm 6:00 pm

November 30 ANNUAL LIGHT UP THE NIGHT AT TAHOE DONNER

Tahoe Donner Lodge 12850 Northwoods Blvd.

Truckee

5:00 pm 7:00 pm

SAVE THE DATES DECEMBER 5-8 SWEP’S 5TH ANNUAL FILM FEST

Locations to be announced; TRUCKEE, NORTHSTAR, CRYSTAL BAY AND INCLINE

TBD

Contact or Other Information

Details

Celebrate the Holidays in Historic Downtown Truckee! For more than 35 years, the Truckee Downtown Merchants Association and Truckee Rotary have collaborated to share in honoring Truckee’s community. Small trees are trimmed by 600+ local elementary students, Santa arrives and hot cocoa is provided by Truckee Rotary, takes photos with Santa, and TDMA provides holiday lights throughout downtown Truckee. The night culminates in the lighting of the traditional Bud Fish Tree Lighting Ceremony in remembrance of this beloved Truckee community member.

Kid’s decorate trees at 4:15 pm; Bud Fish tree lighting at 5:15 pm

wwwTahoedonner. com

www.tahoefilmfest.

Org

Join the Tahoe Donner community at the Lodge Restaurant & Pub as we light up the tree and kick off the holiday season. This annual event features a surprise appearance by Santa himself. Give back to the community by bringing canned items for the Project MANA food drive.

The Lodge also has a TOYS for TOTS box - we welcome your donation of new, unwrapped toys for kids in need.

Holiday activities include story telling by Mrs. Claus, crafts, caroling by Truckee Tahoe Community Choir, pictures with Santa and an ugly holiday sweater contest. Plus hot cocoa, s'mores and great raffle prizes

Those who live in and around Lake Tahoe respect their environment and there are countless organizations that exist to protect beautiful Lake Tahoe. The premiere section of our programming are environmental films. We try to locate new and important environmental films to showcase as a way of not only educating our young people, but to celebrate the efforts of everyone who helps to maintain the beauty of such a pristine lake and its? surroundings.

Tahoe Film Fest also celebrates a section of American Independent Films, New Films from Latin America and a Filmmaker Tribute.

Special guests will be present at the screenings and all ticket sales benefit SWEP's education programs for Truckee-Tahoe youth.

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

NEWS YOU CAN USE

NOVEMBER 2019 MARKET NEWSLETTER Truckee, Golf Course Communities, Tahoe Donner, Northstar, Donner Summit, Alpine/Squaw, North & West Shore Lake Tahoe, CA.

JOIN US! Thursday, November 21st Truckee Soroptimist’s Annual SOROPTISHOP Soroptimist International of Truckee Donner (SITD) supports both our local community as well as international organizations.

Locally we support our community in various ways. We volunteer in a variety of programs, including those for our Youth, our Seniors, our Community and our Environment. We also donate grants to those local community organizations that apply to us with programs that fulfill our mission. In the past these donations total approximately $5000-$8000 each year. In addition, we give a number of awards and scholarships to dedicated local women and youth, which average $5000-$10,000 each year. Internationally, we donate funds to organizations in other countries to provide support to women and children, on average $2,000 a year.

Event Description: Soroptishop is an arts and crafts fair for jewelry, handmade items, clothing, artwork, candles, seasonal decor. Over 50 vendors.

Price: $10 per person, which includes a glass of wine for adults and snacks for all Age limit: none When is the event?: Thursday, November 21, 2019 5:30 pm to 8:30 pm Where is the event?

Truckee Donner Community Recreation Center 8924 Donner Pass Road, Truckee, CA

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