Archive for the ‘Truckee’ Tag

The Truckee River Runs Again!   Leave a comment

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Early morning along the Truckee, about a half mile downstream from Fanny Bridge

 

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By Tim Hauserman

Recently there was a great deal of excitement when Lake Tahoe once again rose up to it’s natural rim of 6223 feet and a trickle of water again began flowing through the Truckee River Dam. After a few years of well below normal precipitation it is pretty dang special to see the lake level rise. But there is something just as exciting as the rising of the lake: Once again, the Truckee River is running.

Sure, the river near Tahoe City is certainly not a raging torrent, but water is moving and cleansing out the stagnant pools that were there during the drought. Once again the Truckee River has become a shangra la for ducks, fish and humans. While Lake Tahoe, Donner Lake and the masses of high Sierra granite that surround those beautiful bodies of water are certainly the primary focal point of life in the Tahoe-Truckee region, the Truckee River is truly a gem that is often overlooked.

Several years ago, when the river ran strong all summer long, I lived in the Comstock Acres/Granlibakken area just a two minute walk from the banks of the Truckee River. My afternoon ritual to clean out the cobwebs caused by too much time staring at a computer trying to put together scintillating sentences, was to venture down to the river for a dip.

The river’s water was always several degrees warmer then Lake Tahoe, which was certainly a plus, but my favorite part was that you could just get in the water and float downstream. I would often make my way to the bike bridge across the river at the 64 Acres parking lot, then ease into the gently flowing current. I would float a few hundred yards downstream to an exit point opposite the Tahoe City Lumber Company. From there, I would walk home and confront those sentences again, or If I needed extra brain cleansing, I would walk up stream and do it again.

Hopefully this summer the water will flow through the river strong enough for swimming. Because there is nothing finer then lying on your back and gently floating down the Truckee without a care in the world…at least for a few hundred yards.

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Photo by Michelle Portesi

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THINK OF ME, LYNN RICHARDSON, FOR ALL OF YOUR LAKE TAHOE AND TRUCKEE REAL ESTATE NEEDS!

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The Presidential Election and Its Impact on Housing   Leave a comment

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Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:

“A growing body of research shows that during presidential election years — particularly ones like this when there is such uncertainty about the nation’s future — industry becomes almost paralyzed. A look at the last several dozen election cycles shows that during the final year of a presidential term, big corporate investments are routinely postponed, and big deals are put on the back burner.

The research is even more persuasive on the final year of an eight-year presidential term, when a new candidate inevitably will become president.”

We are seeing this take form in the latest economic numbers. However, will this lead to a slowdown in the housing market? Not according to Fannie Mae, Freddie Mac or the National Association of Realtors.

The Impact on Housing Throughout 2016

Let’s look at what has happened and what is projected to happen by these three major entities.

National Association of Realtors

“In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.”

Freddie Mac

“Recent data darkened the growth outlook for the first quarter of 2016. However, despite the disappointing economic reports, we still forecast housing to maintain its momentum in 2016.”

Fannie Mae

“Consumers and businesses showed caution at the end of the first quarter…(but) Home sales are expected to pick up heading into the spring season amid the backdrop of declining mortgage rates, rising pending home sales and purchase mortgage applications, and continued easing of lending standards on residential mortgage loans.”

Bottom Line

Even during this election year, the desire to achieve the American Dream is greater than the fear of uncertainty of the next presidency.

 

THINK OF ME, LYNN RICHARDSON, FOR ALL OF YOUR LAKE TAHOE AND TRUCKEE REAL ESTATE NEEDS!

New 2016 First Quarter Market Stats for Lake Tahoe and Truckee   Leave a comment

The North Lake Tahoe and Truckee real estate market report is here.  We are seeing a seller’s market and with interest rates remaining under 4% it’s a great opportunity for buyers to invest in property.  Please click on the link below to view all sectors of the market – from Tahoe to Truckee to Donner Summit plus the luxury market.  Feel free to contact me with any real estate questions.

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Serene Lakes

 

To view the new first quarter statistics on property sales at Lake Tahoe, Truckee, Serene Lakes and Donner Summit, go here: yourfriendinhighplaces.net/north-lake-tahoe-truckee-real-estate-market-stats/

And when you’re ready to buy or sell, think of me, Lynn Richardson, for all of your Lake Tahoe and Truckee real estate needs!

YOUR FRIEND IN HIGH PLACES

Lynn Richardson . Coldwell Banker Real Estate . Lake Tahoe & Truckee

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