We had a local Truckee home lender come to the office meeting this morning. There was the usual, "rates are great", "there's never been a better time to buy", "under-writing is a giant hassle" stuff that has been the norm for what seems like a couple of years now. But, there are also some new loan products, and options for jumbo loans that have been non-existent for a while. The rates are going Continue Reading
Is It Safe to Jump In?
There is a lot of concern and conflicting information out there that surround Truckee short sales and foreclosures. Part of that mis-info comes from the fact that it has been a moving target since the outset. There really has been little rhyme or reason to process or the timing. Each bank does it different, and the shear volume of these transactions that the banks are facing is daunting. One Continue Reading
Sold: $315,000 – 11/4/2010: 10578 Royal Crest Drive
Sold: $315,000 - 11/4/2010: 10578 Royal Crest Drive, Glenshire, Truckee, California Great street, great location - this ranch style home has been partially remodeled with projects still underway. New tankless water heater, new gas woodstove, new pine doors, remodeled hall bath, natural skylights in the hall, some new paint and trim. Landscaped yard out front, large side yard with RV 220v hook Continue Reading
15319 Sudsbury Circle, Truckee
Here is your majestic mountain home, that has been expertly maintained and perfected since it was built in 2004. This home has an amazing custom landscape on a sunny, well appointed 1/2 acre. Each bedroom has it's own bath, plus there's a bonus office and a 1/2 bath. There are gorgeous vaulted pine ceilings in the living and bedrooms, slab granite counters in the kitchen with stainless Continue Reading
Sold: $555,000 – 9/30/2010: 15319 Sudsbury Circle
This property located on 15310 Sudsbury Circle, Cambridge Estates, Truckee, California, sold on 9/30/2010 for $555,000. Majestic mountain home, that has been expertly maintained and perfected since it was built. This home boasts an amazing landscape on a sunny, well appointed 1/2 acre. Each bedroom has it's own bath, plus there's a bonus office and a 1/2 bath. Vaulted pine ceilings in the Continue Reading
Making New Friends
On Saturday afternoon, my family and I left our home in Truckee, headed to Reno for my daughter's end of the season softball party. As we neared the Nevada State line, we found ourselves in a line of cars following the CHP down the freeway. A big-rig had just gone over the side and down to the Truckee River, bursting in to flames. The driver suffered only minor injuries, but a 25 acre blaze Continue Reading
Pacific Crest “Property” at 8949′
Last week my son got suspended from school for the first time. Don't Ask! He got punched in the head and his reward...two days of forced vacation. Not wanting him to camp in front of the tube all day on a Friday, I suggested a hike with my good friend Steve Davis from Heat-Tech of Truckee. We chose one of the most amazing peaks in the Sierra, Tinker Knob. Supposedly named after a fellow named Continue Reading
Truckee River Show
This doesn't have much to do with Truckee Homes, but I thought it was worth showing. This kid is obviously not doing this for the first time. This is between Tahoe City and Alpine Meadows on the Truckee River. What a nut... Continue Reading
22172 Spruce St, Floriston
In the classic mountain town of Floriston in the Truckee River Canyon is where this great old home has sat since a by-gone era. About 10 minutes east of Truckee down Interstate 80, and only 15 minutes from Reno. This spacious home exudes charm, and has plenty of space. It sits on a big double lot, with plenty of room to garden, or park your RV or toys. Recently, many of the windows have been Continue Reading
Median Single Family Home Graph for Truckee Real Estate, 2004 – 1st Qtr 2010
Here is a graph reflecting median home sales prices in the Truckee Real Estate market through the first quarter of 2010. Prices fell another three percent in the first three months of this year. I think this is primarily because there are still quite a few homes and cabins in the Truckee and Donner Lake areas that are REO (bank owned) and short sale listings. Until these foreclosed and Continue Reading
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