The sun is shining, the weather is warming; Spring is in the air! Squaw and Alpine have closed for the season and now we can focus on house repairs, garden improvements and tuning our mountain bikes for months of entertainment and discovery. Time to spend time outside freeing yourself from Winter’s suffocating clothing and absorbing the sun’s rays and creating vitamin D as God intended. The ghostly look is out, George Hamilton is our role model! Just kidding, everything in moderation.

The multitudes of activities and events are coming soon as should your planning. Fishing season opened last Saturday in the Sierra and the next big event in Squaw is May 23-24th, the ‘Made in Tahoe Festival!’  Hiking, biking, sightseeing, picnicking, water skiing, playing tennis, volleyball and more are there for the taking!

Opportunity is knocking for prospective buyers in the North Lake Tahoe area. Inventory has slowly increased I attribute to the lack of snow and enthusiasm this past season. There are many sellers willing to negotiate a good deal now since their property didn’t sell this last year and perhaps the previous. Give us a call or shoot us an email to get information on your best prospects!

The Squaw Valley Lodge has listings of every floorplan available.  Prices start at $149k for a third share of a Studio-Loft facing KT; Deluxe Studios for $270k, $300k & $320k; One Bedroom’s for $399k & $439k; Premium Studio’s for $585k & $599k; and Two Bedroom’s for $749k, $795k, $799k & $844k with incredible views of KT, Red Dog and Headwall!  Availability at every price point and floorplan!

There are other great purchase options in Squaw!  The Village at Squaw Valley has 28 properties and the Resort at Squaw Creek has 21.  Including all Squaw Valley condominiums available today there are 75 choices!

Give us a call now for more information on any property!  Or just shoot us an email and we will respond quickly; we welcome the opportunity to work with you.

We’ll see you at the upcoming Spring and Summer events!

NORM & BOB

 

Wow, straight from winter to summer, directly; we mountain folk don’t bother with spring! How did that global warming work for you this year? This Fourth of July weekend we can all ski at Squaw, or Alpine Meadows, or Mammoth Mountain! There is still lots of snow and the runoff is making for great waterfalls, river flow and a full Lake Tahoe!

This weekend kicks off the summer play season with a multitude of events and activities in Squaw Valley. July 2-4 will offer: skiing, snowboarding, KT Concert series kickoff, Fine Arts & Crafts Festival, Cushing Crossing, Big Head Todd and the Monsters, and fireworks! Later in July is the Soaring Kites and Music Festival and the Wanderlust Festival. Here’s SV USA’s July events link: http://www.squaw.com/event-calendar-summer/2011-07
To see the July happenings in the North Lake Tahoe area follow this link from the North Lake Tahoe Visitors Bureaus: http://www.gotahoenorth.com/events?x_LocationID=&x_StartDate=07%2F01%2F2011&x_EndDate=07%2F31%2F2011

Squaw Valley is a great home base. In winter you are already at one of the top ski areas in the world and all you have to do is throw down some coffee and go. In the summer, otherwise known as road construction season, you don’t have to sit in traffic as they do on the Lake’s West Shore or from Tahoe City to Kings Beach and beyond. You can choose to go there or go the other way! There’s plenty of activities in Squaw but if you want/have to leave you can choose to turn left out of Squaw. Hiking, biking, fishing, golfing, picnicking, touring, shopping, roller blading, eating out at great restaurants, or just touring; there is so much to see. So many just focus on Lake Tahoe that they never have experienced Lakes Basin, Graeagle, Sierra City, Downieville, Jackson Meadows, Portola, Feather River, and so much more! And that’s if you make it past all that Truckee offers! Sure, you really should visit the Lake at least once but opportunity awaits in the path less followed!

Squaw Valley real estate is trading at values from about ten years ago. One bedroom/Studio units (560-650 sq/ft) are selling in the $250,000 to $300,000 range and two-bedroom condos are ranging from $317,500 to $560,000. Most of these are the result of the Resort at Squaw Creek auction a few weeks ago or from foreclosures and short sales. The Squaw Valley Lodge had one foreclosure last year, that’s it. The other resort’s and development’s selling prices are dragging the values down in Squaw. Most of the pricing at the SV Lodge is competitive and most of our Sellers are ready to negotiate a good deal. Of course all of the properties in Squaw Valley and beyond can be seen at our popular website, here’s our link: www.squawvalleyrealestate.com

As always, please come on by the Squaw Valley Lodge, email or give us a call for the most up to date information. We always welcome a conversation or even suggestions of what you would like to see in this blog. We hope you have a safe and enjoyable Fourth of July weekend!

We’ll see you soon in the outdoors!

We are now into the final weekend of skiing and snowboarding in Squaw Valley! This Memorial Day weekend has tons of events and activities scheduled excluding the 21st Annual Lake Cushing Crossing which is rescheduled for July 3rd! Headwall and KT are scheduled to be open this last weekend. Here’s Squaw’s events link: http://www.squaw.com/spring-operations-events

Also coming up is the deadline for Squaw ski passes for next year; you need to buy your pass by June 15th or you pay more, probably much more! Here’s that link: http://www.squaw.com/season-pass

So far I’ve heard that Alpine Meadows and Mammoth Mountain will be open July 2nd – July 4th; Squaw has yet to make the decision at this press time! There is still tons of snow on the hill, it will be a very long time for it all to melt, a very long time!

The hiking up Shirley Canyon ought to be amazing at some point with epic waterfalls! So far there is still too much snow for the bluebird hikers to make it up. One source has told me that there is about forty feet of snow in the Shirley Lake area! It will be a long time before spring makes it there.

Sales continue in Squaw at very reduced prices. The economy is not picking up and there are sellers needing to get out from under their debt. Sales pricing is about where we were at about 2002 to 2004. Pricing is off about thirty to forty percent from its peak in 2008. Sales of one-bedroom units are ranging from about $250k to $300k and two-bedroom units are selling in the $400k to $500k range! Of course this excludes some of the auctioned units at the Resort at Squaw Creek which sold for even lower!

The Squaw Valley Lodge units are competitively priced and all pricing is negotiable. Most recently we closed escrow on a top-floor studio with extended loft; it was listed at $599k and sold for $575k with over 900 square feet of upgraded living space facing KT! With the extensive amenities, superior location, and great management it’s no wonder the Squaw Valley Lodge holds value better than most of the other developments! Come on by and see why; we are open every day. Until then, check out our upgraded website and links!
www.squawvalleyrealestate.com

Spread the word; our new property management arm is up and running with more property owners signing up! Check out this new website too! www.SquawTahoeVacationRentals.com!

See you in the outdoors!

Norm Anderson & Bob Gebhardt