The Market Monitor May 1, 2008 Re: Truckee Area Real Estate Market Dear Client; Market Overview The market continues to chug along. Buyers have done very well with their purchases as we have seen some exceptional deals and homes selling at less than replacement cost and land selling at a tremendous discount to several years ago. The number of closed sales is down 30%, the dollar volume down 25% and the median sales price for residential up 8%. The current buyer activity is normal for this time of year and things will be quiet for the next 2 months. Tahoe Donner The number of home sales was pretty close to the 2007 number and inventory is now pretty much the same as 2007. There were 3 sales over $1 million and below $1.2 million. The sales to list ratio is still very low so no indicatio... 05/02/2008

The Market MonitorApril 3, 2008 Re: Truckee Area Real Estate MarketDear Client; Market Overview The market continues to drift lower as measured by sales volume. There were a total of 60 residential properties go under contract in March. This equates to a 20 month supply of residential properties. While this is a dangerous number to use for our marketplace, as there are extreme seasonal changes in the market, it does give a picture of what is going on. This is a low number for this period especially since March included Easter this year and ski conditions and travel weather were excellent. Certainly there were some extreme financial market conditions with the unraveling of Bear Stearns and the Fed coming to the rescue of the financial system. On the positive side, increases in conformin... 04/02/2008

Lahontan Golf Club is a gated community in Truckee Ca, This Tom Wieskof  course is the home of one of the best kept secrets in the sierras.  Sales are off to a good start in 2008. Since January 1st. they have had 5 homes sell with an average of 2.3 million is is up from the past few years.  If you would like more info. about our community and the market visit. www.teamwatters.net 04/01/2008

Regardless of what the media is saying homes are selling in Tahoe Donner a subdivision in Truckee Ca.  Tahoe Donner has approx. 5,000 vacation and luxury homes in it's subdivision.  Since Jan. 08  34 homes have sold with an average of 134 homes listed to be sold, that a good number. Today there are 17 homes pending, another good number.  The biggest number I think is important is that the average price per sq/ft for sold properties is $358.00 per sq/ft. That is fairly high. In addition of the 34 homes that sold 11 were over the 1 million dollar range.Check out our website for more info. www.teamwatters.net 03/30/2008

February Comparison   Tahoe Donner Home Sales to Feb 29, 2008                             YEAR-TO-YEAR COMPARISON REPORT Single Family                           Current     # Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg # For Sale     RESIDENTIAL   $   $   $                                                   Current Period 2008 21   17,890,000   852,258   755,000   159   One Year Ago 2007 33   23,336,557   704,138   700,000   131   Increase/(Decrease) -12 -36% -5,446,557 -23% 148,120 21% 55,000 8%                           Sales over $1,000,000 in 2008 7                   Sales over $1,000,000 in 2007 1                   Increase/Decrease 600%                                         Sales $ Ratio                     Average days on market 117                   Market... 03/06/2008

The Market Monitor   January 4, 2008   Re: Truckee Area Real Estate Market   Dear Client;   Market Overview   The year 2007 will be well remembered as a major shift in the national real estate market. While the market actually peaked in 2005 in takes many years for the market to settle out and see just where it is at. The one thing our market has not experienced relative to other areas in the country is a significant increase in inventory.   Nationally, inventory levels are at all time highs. This creates a big drag on the market. The most important number in 2008 for our market is the inventory levels. All barometers are pointing to significantly higher inventory levels. We end the year at the highest level in 6 years, December saw an inordinate number come on the market and there is ... 01/11/2008

Truckee-Donner Ca, Information from TahoeTravis.com & MY SITE.. Tahoe360.com Truckee-Donner Ca, Information provided by Tahoe360.com TRUCKEE CASee our interactive maps with weather and ski reports as well as local area attractions.WINTERThere really is no place like Truckee California. A place of great character and rich western history, it was formerly an old logging town, a source of ice prior to refrigeration, and an important and notorious part of the transcontinental railroad (did we forget to mention the Donner Party?). This was all before the tourism, sports and leisure industries discovered the many faces of Truckee, Donner Pass and the surrounding area.Winter RecreationTruckee is beautiful, historic and a fantastic gateway to the Sierra for nearly "anything winter." Skiers, sno... 11/19/2007

The Market Monitor   November 1, 2007   Re: Truckee and Tahoe Real Estate Market   Dear Client;   Market Overview   The market numbers are very much in line with November of 2006. It seems pretty evident the number of sales for the year will end up about the same as 2006.   The median price will go down as there have been proportionally many more sales in the lower ranges of the market.   The big news is that there were a larger percentage of higher end homes going into contract in October than in previous months. This is being experienced in other areas of the country as well, the high end and lower ends of the market doing the best.   The land market is very soft. Currently there is a five year supply of lots on the market. Further softness will be experienced in this market segment. ... 11/02/2007

  Tahoe Donner Home Sales October 27/07             YEAR-TO-YEAR COMPARISON REPORT Single Family       Current     # Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg # For Sale     RESIDENTIAL   $   $   $               Current Period 2007 174   116,502,792   669,556   637,500   161   One Year Ago 2006 171   128,521,053   751,585   670,000   247   Increase/(Decrease) 3 2% -12,018,261 -9% -82,029 -11% -32,500 -5% -86     Sales over $950,000 in 2007 24   Sales over $950,000 in 2006 35     Sales $ Ratio     Market Percentage of Sales to List 96.91%   Davis Yoder Percentage of Sales to List 97.92%   Most Buyer Representation Sales by Agent Davis Yoder Group   Most Seller Representation Sales by Agent Davis Yoder Group     Most sales in Tahoe Donner by Company Keller Williams... 11/02/2007

Truckee-Donner Ca, Information provided by Tahoe360.com TRUCKEE CASee our interactive maps with weather and ski reports as well as local area attractions.WINTERThere really is no place like Truckee California. A place of great character and rich western history, it was formerly an old logging town, a source of ice prior to refrigeration, and an important and notorious part of the transcontinental railroad (did we forget to mention the Donner Party?). This was all before the tourism, sports and leisure industries discovered the many faces of Truckee, Donner Pass and the surrounding area.Winter RecreationTruckee is beautiful, historic and a fantastic gateway to the Sierra for nearly "anything winter." Skiers, snowboarders, backcountry enthusiasts and many others base themselves out of Tru... 10/30/2007

The Market Monitor October 4, 2007 Re: Truckee Real Estate Market Dear Client; Market Overview The Market had a flurry in August as we reported last month. This as stated primarily was buyers that had been shopping all summer. September returned to the same pace as 2006 and we are set to end the year with the total number of sales close to or slightly less than 2006. Remember that 2006 was off about 30% from historical norms. The lot market continues to be very anemic and some subdivisions have seen dramatic cuts in asking prices. Tahoe Donner The month experienced 17 sales versus 16 in 2006 and there was one home at $1 million with the majority of sales under $800,000. There was 1 lot sale and currently there are 73 offered for sale. Lahontan There was one home sale, asking price $1,6... 10/22/2007

http://homebuying.about.com/od/buyingahome/qt/92607_WinterHom.htm 10/04/2007

The Market Monitor August 1, 2007 Re: Truckee Real Estate Market Dear Client; Market Overview We are over half way through the year and the buzz is how is the market doing? There are some interesting numbers to consider. For the Truckee area the number of sales versus 2006 is up 20%, the total dollar volume just about the same as 2006 and the median price is down about 15%. What does this mean? As has been reported, the lower end of the market is where the activity has been, thereby lowering the median sales price. Including the whole market area, Truckee, North Lake Tahoe, Squaw and Alpine, the number of sales are marginally off, the median price down about 12% and the total dollar volume down 13%. Now you have to factor in the new projects such as Grays, Timilick, Northstar and Marti... 08/03/2007

This is one of the premier new mountain resort subdivisons in the country.  There are few communities anywhere that combine championship golf and world-class skiing in a year-round, majestic alpine setting. But that's exactly the opportunity that awaits you at Martis Camp. Adorning 2,100 pristine acres, this one-of-a-kind community has truly raised the bar for North Lake Tahoe luxury.In addition to a Tom Fazio Championship Golf Course that's masterfully sculpted into the natural landscape, Martis Camp will soon be able to offer precedent-setting ski access. The proposed new lift will take members and their guests directly from Martis Camp to the top of Lookout Mountain, providing access to the entire NorthstarTM Resort Mountain. Along with the lift extension, we're proposing the extensi... 08/02/2007

Our market is primarily a second home market with the strongest base of buyers coming from the Bay Area. Three of the top 7 earning towns in the country are located in the Bay Area. This is what developers are banking on and betting a lot of money on the long term health of our real estate market. http://money.cnn.com/galleries/2007/moneymag/0707/gallery.BPTL_highest_income.moneymag/index.html 07/30/2007

July 2, 2007   Re: Truckee and Lake Tahoe Real Estate Market   Dear Client;   Market Overview   The June blues certainly were evident in the marketplace much like the market up to about the year 2000. The next month will show us if this in fact is the state of the market or that the market has showed further signs of slowing. Sales in the lower end of the market, under $700,000 actually continue to be fairly strong. Stayed tuned.   The hottest market is Kings Beach where redevelopment is having an affect.   On a positive note for the selling side, the overall inventory is not getting out of hand. The number of homes offered for sale is on the low end of the normal range. It is higher than in past years, however as a percentage of the number of homes in the market, the number offered for... 07/27/2007

A sharp drop in investment-home sales offset a record number of vacation-home purchases to bring down the overall share of second-home purchases in 2006, the National Association of Realtors reported Monday. The share of second-home sales was 36% of all existing and new residential real estate transactions in 2006, down from 40% of all sales in 2005, the group said. Vacation-home sales went up 4.7% to a record 1.07 million homes in 2006 from 1.02 million in 2005, driven largely by demographic trends. Meanwhile, investment-home sales dropped 28.9%, falling to 1.65 million homes in 2006 from 2.32 million in 2005, according to the group's annual survey of investment- and vacation-home buyers. Truckee Real Estate Tahoe Donner Real Estate 07/27/2007

Truckee Donner Information from TahoeTravis.com and Tahoe360.com TRUCKEE CASee our interactive maps with weather and ski reports as well as local area attractions.WINTERThere really is no place like Truckee California. A place of great character and rich western history, it was formerly an old logging town, a source of ice prior to refrigeration, and an important and notorious part of the transcontinental railroad (did we forget to mention the Donner Party?). This was all before the tourism, sports and leisure industries discovered the many faces of Truckee, Donner Pass and the surrounding area.Winter RecreationTruckee is beautiful, historic and a fantastic gateway to the Sierra for nearly "anything winter." Skiers, snowboarders, backcountry enthusiasts and many others base themselves o... 04/10/2007