All Blog Entries by Jackie Ginley

Found 50 blog entries published by Jackie Ginley.

Let me confess. I do not have Alexa in my home, and I might never invite her in. 

Eavesdropping

I was born at the tail end of the Baby Boomer era, and to me, Alexa smacks of something eerily Orwellian.  OK, "1984" was published in 1949, and the Future seemed a long ways away back then, but the novel reads an awful lot like a documentary on the current state of affairs in which we find ourselves today ... government propaganda, perpetual war, double-speak, news-speak (think of the "lying journalists," which is an oxymoron to explore some day), and yes, Big Brother.

"Big Brother is Watching You."

Pan forward. And here we are in the 21st Century with a curious form of A.I. that is Hearing You.

She beckons to your commands, and she answers your questions. 

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With supply overflowing in most of Truckee's micro-markets, this Fall promises to be a great time for home buyers looking for bargains. 

With cooler days, and fewer crowds, the Fall can be an excellent time for buyers looking to snatch up a vacation home before the snow flies. And, with a few exceptions, many of Truckee's higher end neighborhoods are strongly favoring buyers right now, with a year or more worth of supply in some areas.

"Supply" is a real estate term that refers to standing inventory. If 5 homes sell in a particular neighborhood over the course of the past year, and 5 are currently for sale, that equals a year's worth of supply. A balanced market, favoring neither buyers nor sellers, is considered to be 6 months of supply. So having

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Summer Means Music in Tahoe

With Free Concerts almost Every Day of the Week

Concerts at Commons Beach (Sun 4-7 pm) 400 N Lake Blvd, Tahoe City

Bluesdays (Tues 6-8:30 pm) The Village at Squaw Valley

Music in the Park (Wed 6:30-8:30 pm) Truckee Regional Park 1500 Brockway Rd

Truckee Thursdays (Thur 5-8:30 pm) Downtown Truckee closes to cars and opens to live music, local artisans

Music on the Beach (Fri 6-8:30 pm) Kings Beach

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What happens now?

Home sales at Lake Tahoe are down 20 percent over last year at this time. But the median sales price inched up 2 percent, continuing a trend that has sustained upward pricing momentum since 2013, when overall home values began rebounding from recession-era pricing. 

While that might signal that the market is in for a correction, we’ve seen similar numbers at the lake in past years without a drop in value.  The mid-year numbers in 2014, for example, looked a lot like today. Sales were down 18 percent from the year before, but the median sales price was up 3 percent.  Prices might have been expected to cool, but on the contrary, the median sales price shot up 13 percent the following year, and 2016 was a banner year, with home values

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The growing popularity of short-term rentals has sparked a homeowner backlash in the Tahoe region, leading to restrictions in some parts of the Basin and even new home developments in Reno. So far, those restrictions do not seem to have had a dampening effect on the real estate market.

From South Lake Tahoe, which found itself in court after trying to phase out short-term rentals, to Washoe County, which is considering regulations that could affect Incline Village and parts of Reno, public officials are grappling with the same question: Should you be allowed to buy a home or condo and run it like a motel?

Back in the days before “Airbnb” became a verb, that question never really entered the public arena.

Short-term rentals (STRs) have long

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Ever Dreamed of a Vacation Home that doubles as an Income Property?

Kings Beach Cabin

This is it!

Classic Kings Beach cabin with 1940s architectural detailing ... just a short walk to all the summer activity Kings Beach has to offer ... 

 

 

And Just 20 Minutes from Northstar ... 

The ideal location has made this cabin an Excellent vacation rental, generating an average of more than $30,000/year over the past two in gross rents through AirBnB & VRBO.  Old Tahoe craftsmanship make this the perfect home to cozy up aprés ski in front of the stone hearth ...

Bend Ave

More than $30,000 in average gross rents in 2017-2018

Radiant in-floor heat adds to the easy comfort of this downstairs bunk room with French doors to the outdoor paver patio

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No surprise to locals, but Truckee has been ranked as the 4th safest city in all of California.

The Town with a 19th Century history of bar brawls and gun fighting was beat only by the tony Bay Area community of Hillsborough, Palos Verdes, and Imperial (where you might find more cows than people).

Truckee Crime

Good thing the Safety Pollsters didn't collect data on ski injuries! 

If you are considering a home purchase here, CLICK HERE for a link some great properties for sale.

Here is a link to the Full Report

 

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Lahontan Home Sales up 41% over 2017

With interest rates up, and today’s stock market feeling like a roller coaster ride, the economy ended 2018 on wobbly knees. But that does not seem to have dampened enthusiasm for the Tahoe/Truckee real estate market, which closed out the year with a record $1.3 billion in sales.

Fewer homes sold than in 2017, but higher prices pushed the region’s overall volume up to a record high that’s almost three times the dollar volume that sold a decade ago, when the slide into the recession had just begun. Tahoe/Truckee single-family home sales were up last year almost $174 million over 2017.

New construction has certainly contributed to the gain. We have more homes now than we did a decade ago — that’s a fact.

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**Click here to View Tahoe Donner Homes for Sale**

With some 6,000 homesites and close to a 60-year history, Tahoe Donner is not exactly a "secret." But, hey, we've been discovered by the Merc now! 

Tahoe Donner in the SJ Merc

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