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Truckee California Real Estate News Today

THE TRUCKEE~TAHOE LIFESTYLE

WE HAVE IT ALL

Bonnie Jessee

530 412 3984

If you are one who hasn’t been to Truckee lately you might be in for a in for a big surprise.  Our formerly ‘small’ mountain town is on the ‘map’ thanks to the beauty of the area and an incredible abundance of activities.  While Truckee’s population hasn’t changed all that much and we still love our small town feel; we have new golf courses, improved ski hills, new town parks and recreation areas being built and the soon to be open, Ritz Carlton, in addition to numerous other new resorts, all for the pleasure of locals and guests alike.

In actuality Truckee survived after the railroad and lumber industries only because of the brainstorming of locals who loved it here and wanted to see the area grow and prosper.  Hence, the ice palace was born; along with a skating rink, toboggan run, ski jump and music festivals.  The idea of economic gain gleaned from winter sports was at the time, unheard of.  And now ~ there are so many more incredible activities to choose from ~ including boating, rock climbing, hiking, and on and on!

Come and join us ~ let me assist you in finding that perfect ‘lifestyle’ home from which to enjoy the clean blue skies and never-ending vistas of beauty.  Who knows?  You might be one of the ones that just never leave again (like me)!

Bonnie Jessee 530 412 3984

www.welcomehometruckee.com

HEAVEN IN TRUCKEE!

12809 Pinnacle Loop

Truckee, California 96161

Bonnie Jessee

530 412 3984

With our blue skies; green earth, forever views and so very much to do thru all the seasons in Truckee and Lake Tahoe, what more could we desire?

Easily we could desire to find that perfect home – at the perfect price - to enjoy our family and friends.  Such as this fabulous property located close to heaven in Tahoe Donner!  This five bedroom, four and one half bath beauty is currently listed for $2,195,000.

This magnificent mountain home has it all! With breathtaking panoramic views of the Sierras including Mt. Rose, Northstar and Tinker’s Knob. Custom designed with all the bells and whistles! Featuring a majestic great room with floor to ceiling windows, Artisan gas fireplace and wet bar. The gourmet kitchen has everything a chef would desire. A lower level family room features a wet bar and access to an expansive deck to enjoy the views! 3 master suites, a game room, huge garage, and lots of storage too!

Almost 5,000 square feet of unsurpassed beauty!  Call me for a private showing.

Your Buyers Agent:    Bonnie Jessee, 530 412 3984

                                    http://www.welcomehometruckee.com     

Reprinted from the Sierra Sun Thursday, September 18^th, 2008

Bonnie Jessee, Realtor 530 412 3984

A row of houses for sale in the Winter Creek Development in Truckee shows times are slow for developers.

Emma Garrard/Sierra Sun

Small contractors and big developers alike are trimming down as the real estate market continues to slump.

But East West Partners has seen less of a slowdown in the Tahoe-Truckee area compared to other properties they have in Colorado, he said.

“Industry-wide we’ve seen a slowdown, but comparing Tahoe to Park City or Vail, we’ve seen less pronounced effects in Tahoe,” Riva said.

The Winter Creek development in Truckee has slowed some along with the rest of the market, said Tom Grossman with GLA Morris Construction, but overall is still doing well.

Likewise, Sue Ruane, executive vice president at the Tahoe Sierra Board of Realtors, said real estate agents have been relatively insulated from the declining housing market.

“We usually have a membership of about 1,000 — always right in that

range — and right now we’re at 950, so the effects haven’t been as big as you’d think,” Ruane said.
 
Grossman said all this means it’s a good time to buy locally.

“I think the entire Truckee-Tahoe market is very under-valued right now, and is a great investment,” Grossman said.   Give me a call today at 530 412

www.welcomehometruckee.com

Lake Tahoe Truckee Real Estate

PROFESSIONAL PROPERTY MANAGEMENT

AND YOUR SECOND HOME/INVESTMENT PROPERTY

TRUCKEE AND LAKE TAHOE REAL ESTATE

BONNIE JESSEE, REALTOR

530 412 3984

This year I have dealt with several buyers who are interested in retiring here in the beautiful Sierra’s; on the North Shore of Lake Tahoe, Truckee and Sierra County.

It has been very interesting to note that my buyers have different reasons for buying – some as investment with a desire to perhaps use the home for a week or so a year, some only as investment property and a few buyers contemplating the potential of becoming a retirement property at some point.

In any case, we have been successful in purchasing these properties at excellent pricing for my buyers.  Statistics are proving out that property pricing in our local ‘areas’ are currently stabilizing – therefore with an almost certain guarantee of increased values to come for the buyers, no matter what the use of the property.

In any case, being asked to ‘manage’ these properties for my buyers seemed like a perfect fit for my professional management style.  I am currently accepting applications for long term leases management for those homeowners who desire the professional property management I have provided to my commercial property owners for several years.

Call me and let’s talk about it….Bonnie Jessee 530 412 3984

www.welcomehometruckee.com

Lake Tahoe, California

WAITING FOR THE BOTTOM TO DROP OUT on HOME PRICES? 

Bonnie Jessee 530 412 3984

Whenever the market slows and prices decline as they sometimes do in certain areas, I have noticed some buyers are extremely tempted to wait on the bench to find that incredible bargain in terms of price, location and whatever other amenities you are searching for.

My professional advice is to not let yourself be tempted for too long!  Keep these things in mind - when prices turn, interest rates usually follow the upswing.  A home that appeared to have a bargain price and great financing can lose both those advantages as quickly as overnight.  Remember also, once the market has truly turned upward, history tells us it is likely not to descend again and if so that time period could be decades.

Also, there are considerations other than money when making that very important decision to purchase.  If you have found the home for your own future and the future of your family, risking the potential loss over a few hundred or even a few thousand dollars just isn’t worth it!

Purchasing your vacation or second home isn’t all about financial issues of course.  It means living your dreams and those of your family.  Waiting for the bottom might find you buying on the upswing! 

Please call me anytime and allow me to share our current market information with you.

Bonnie Jessee 530 412 3984

www.welcomehometruckee.com

WHY BUY NOW?  LET’S CHECK IT OUT!

What’s Donald Trump Up To These Days?

Bonnie Jessee, Realtor 530 412 3984

Truckee, California Real Estate Market Snapshot

Bonnie Jessee, Realtor 530 412 3984

www.welcomehometruckee.com

What’s Happening Truckee/Tahoe?   As of June, 2008, a slight increase in pricing in Truckee from the previous month.  While some markets across the country are seeing the opposite of these numbers, here in Truckee~North Tahoe we are witnessing stabilization with moderate increase in pricing.

Currently there are approximately 220 single family homes in the greater Truckee area listed for sale. While some of these properties are in ‘escrow’ we see the median asking price is currently $759,000.00 while the median DOM (days on market) is currently 74 days (a reduction of 14 days since the previous month) as well as many days less than the previous several months and many days less than many other market areas.  It is taking less time for (SFR) single family residences to sell as of June and July of 2008.

Being that the median asking price is $729,000.00 ~ the lowest priced property (SFR) is currently $299,000.00 while the highest is $8,000,000.00 ~ The median asking price is actually a little lower than the prior month due mainly to price of current inventory.

As a potential buyer in the greater Truckee~North Tahoe area I would encourage you to make your move ~ head up the hill and check out what is for sale!  While we are aware that other parts of the state and country are in flux markets, it is extremely important that you as a consumer/buyer, understand that there are ‘pocket’ areas within markets even in our greater Truckee area.  Get with a professional, full time Realtor that has the depth of knowledge of understanding of this current marketplace for the service you deserve!

Happy Home Hunting!  Bonnie Jessee, 530 412 3984

Truckee Thursdays Downtown Weekly Unique Street Festival

Join Us!  Bonnie Jessee 530 412 3984

Summer heats up with activities and events for the whole family every Thursday Evening here in Truckee!

The streets of Truckee come alive every Thursday evening during the summer season. Kicking off in June, and running through August 28, from 4-8pm, Downtown Truckee is the epicenter of music, art, children’s entertainment, outdoor activities, shopping, and restaurant sampling.

All of Truckee downtown districts will be participating, including Brickelltown, Jibboom Street, Commercial Row, West River and Church Street. Parking is FREE and locals and visitors are encouraged to meander the Downtown District, checking out shops, sampling food and wine, and visiting with friends and neighbors. 

The focus of Truckee Thursdays is to bring the community and visitors together; to interact, to shop, to socialize, to ease on into an early weekend. Weekly kid-friendly activities will include things like an outdoor climbing wall or the entertainment of a puppeteer. “Think Local. Be Local. Buy Local. Give Local,” the community is encouraging residents and businesses to get out and support and celebrate what is local, unique, and wonderful about Downtown Truckee.  And very importantly Truckee Thursdays is to assist our visitors to understand our small town ‘feel’ and become one of us!

Truckee Thursdays will feature a variety of activities and events. Changing weekly, local musicians will rock the Train Depot parking lot next to local artisans and craftsmen. The Farmer’s market will feature regional and organic products. Outdoor activities will ignite the adventurous spirit, and fabulous food from local restaurants will soothe the palate. For those supporting “Pedal There Thursdays”, a bike valet will be located in Brickelltown, where riders can lock up their bikes and peruse downtown on foot. To encourage participation, there will be a raffle with a chance to win after logging six out of ten rides throughout the summer.  

Look for local merchants to offer Thursday discounts and special promotions. With FREE parking, it’s the perfect time to shop local. Peruse local artist’s works in Brickelltown, stock up on cookware, or buy the perfect anniversary or graduate gift – all downtown.

Oh, and call me when you can join us and at we can enjoy one of the many wine and food tasting available in delightful Downtown Truckee!  Thank you, Bonnie Jessee

530 412 3984.

www.welcomehometruckee.com

TRUCKEE TAHOE GARDENS

Bonnie Jessee

530 412 3984

Most people, even veteran gardeners from lower altitudes might think gardening is impossible to control in a climate that some have commented is ‘ridiculous’!  However, as you will see below, there are many who have mastered the planting and resulting beautification of high altitude gardening ~ mainly thru trial and error and mostly by being forgiving of those plant species that refuse to grow here…chemicals are out of the question if you have a cognizant attitude.  All one needs to do is spot those birds and rabbits, deer and other living beings (neighbors) to know that if something requires chemicals to prosper, it probably should not be growing here.

Columbine are exceptionally beautiful flowers as well as a personal favorite

of mine.   Their graceful flowers nearly always have backward projecting nectar spurs

with contrasting petal and sepal colors. Solitary flowers borne atop

narrow, leafless stalks lend an airy feel to any stand of columbine. And most importantly ~ it always seems there should be a ‘tahoe~truckee’ fairy/gnome sitting atop the petals.

Thank You ~ and please come and enjoy our beauty and call me, 530 412 3984.

ON THE WATER AT LAKE TAHOE AND

DONNER LAKE

                 Bonnie Jessee, Realtor 530 412 3984www.welcomehometruckee.com

Yes, it is that awesome!  Clear depths that take your breath away, clean clear views to the surrounding mountains at either lake and for me in any case, even after decades, an incredible respect for the beauty.

Boating on Lake Tahoe can be experienced in various fashions, depending on your preference.  There is of course power boating, waterskiing and jetskiing.  Starting in the 1800’s power boating became and has been a favorite of the visitors and residents alike!  Wooden boats which are called ‘woodies’ became very popular and as sweet water boats and are still a part of the everyday scene.  Sailing ~ well, if you have an affinity for sailing there doesn’t need to be much said!  Get out there when the power boats are hampered by the winds and fly across crystal clear big blue…kayak or canoe, whatever your preference you will not be disappointed.  At Lake Tahoe rentals of every kind are readily available as well as professional guides.

The result of your day on the lake will be a truly enhanced perspective of this spectacular area and it will become a memory of a lifetime.

Boating on Donner Lake opens even more aspects for adventure!  Of course not as large as Lake Tahoe, (but just as cold) boating on Donner Lake is a visitor and residents regular pastime.  Any kind of boating, sailing, kayaking, canoeing can be thrilling at Donner Lake and there is a public launch available.  Along the sunny side (north) of Donner Lake there are numerous public piers from which you can tie up your boat and swim near the shore (where the water is slightly warmer)!

Your concept of Donner Lake and Lake Tahoe will be dramatically changed when you check out these lakes from deck of the boat ~ and for you “fisher people’ ~ have a great time.

Oh, and call me after your fantastic day to search out that perfect vacation home so your friends and family can join you the next time.  Bonnie Jessee, Realtor 530 412 3984