You will never have to pay to be listed as a top neighbor. Period. That important detail clarified, let's discuss how we arrive at two "top neighbors" for a given region:
Localism is a bustling collection of hyper-local communities, and the top neighbors should reflect those members who are most active. When ranking users in a given region, several factors are considered. To get your foot in the proverbial door, you need to have posted at least one "Localism" article or photo for the region.
The very best way to quickly rise to #1 is to post high-quality local content. Keeping a steady strem of incoming posts and photos will massively tilt the scales in your favor.
What doesn't count toward the top neighbor ranking? ActiveRain points and community sponsorships. The top neighbor spots will always go to the most active members in a region. We want to create a level playing field that encourages the growth of communities — talent and dedication are required to win the day.
Northstar (Truckee), California Homes Real Estate Price Trend Report
Real estate is a local market, despite the national headlines.Even in the Lake Tahoe – Truckee, California area not all neighborhoods and communities are experiencing the same market conditions, which includes our luxury ski resort areas.
Let’s take a look at the Northstar, Truckee, California, which is located approximately six (6) miles south downtown historic Truckee, California, or six and one-half (6.5) miles north of Kings Beach, Lake Tahoe, California.
The Northstar neighborhood is a premium ski resort location.This exclusive, luxury resort area is very desirable for many reasons.Property owners find the close proximity to the Ritz Carlton at Tahoe resort and the Village at Northstar, with all of its amenities such as shopping, restaurants, ski lifts, ice skating, and the special events that the Northstar organizers put on a real plus.
Despite all the premium features the Northstar area has, this area has also had a significant price correction over the past few years.The average median sold single family home sales price has dropped -37% since the market peak in 2007.
So where is the Northstar market headed?The following graph shows the Northstar, Truckee, California pricing trend for the area.The overall pricing direction is still down, despite a great year in 2010.Only time will tell if the market has put in a pricing bottom.
Buyers are finding great value in the Northstar market. Low interest rates and lower prices have created a great opportunity for buyers looking to invest in the Lake Tahoe-Truckee, California area.
Start your Tahoe Property here. Check out the following neighborhoods and areas in the Lake Tahoe - Truckee, California Area.
For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598, 530.414.1260,www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.
4th Annual Black Tie and Tails Event, Saturday, February 18, 2012, Ritz-Carlton, Lake Tahoe
Get ready for an evening of dinner, dancing, and lot of fun by supporting the local Humane Society of Truckee-Tahoe with their 4th Annual Black Tie and Tails fundraiser event, this Saturday, February 18, 2012 starting at 5:30 pm at the Ritz-Carlton, Lake Tahoe.
If you’ll be up in the greater Truckee – Lake Tahoe area this upcoming President’s Weekend, this event promises to be a lot of fun for you and your dog.Be prepared to see everyone, including our furry friends decked out in their finest black tie attire.
100% of the funds raised benefit the Humane Society of Truckee-Tahoe, so if you’re looking for a way to support the community and the animals the Humane Society helps, this is a fun and easy way to do it.Here are the details:
4th Annual Black Tie and Tails Event – Humane Society of Truckee-Tahoe
Saturday, February 28, 2012
Starts at 5:30 p.m.
Ritz-Carlton, Lake Tahoe, 13031 Ritz-Carlton Highlands Court, Truckee, California
Tickets - $150 /person + 1 Dog
Table Sponsorship is Also Available
To purchase tickets, or for more information call 530.587-5948, or go to www.HSTT.org
For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260,www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.
The Northstar neighborhood is a premium ski resort location.This resort area is very desirable for many reasons.Property owners find the close proximity to the Ritz Carlton at Tahoe resort and the Village at Northstar, with all of its amenities such as shopping, restaurants, ski lifts, ice skating, and the special events that the Northstar organizers put on a real plus.
They also find the close proximity to Truckee, California and Lake Tahoe recreational activities such as boating, hiking, biking, tennis, golf, skiing, shopping, and restaurants makes the Northstar area a great community to live in.
In addition to all of the great area amenities that the region offers, the Northstar property owners also have access to the Northstar home owners club, which includes a seasonal swimming pool, and tennis courts, and the area has a golf course in the community.
The Northstar area is known for its easy year-around access, the larger lot sizes, and the nice wide streets.It’s an easy neighborhood to get to on a year-around basis, and winter vacation rentals in the area are very desirable.
The Northstar neighborhood has some smaller, older Tahoe cabins and homes, but the area also has a nice selection of larger, newer, luxury mountain homes. Northstar has approximately 569 parcels.Some of the properties are ski-in and ski-out.Many are golf course properties that back to the Northstar 18-hole golf course. Some have a view of Martis Valley, and lastly all have access to the Northstar shuttle bus system which makes getting to everything east.
Northstar (Truckee), Lake Tahoe, California - Sold Single Family Homes:
The Northstar (Truckee), Lake Tahoe, California ski resort area single family home prices have dropped -34% since 2006, reflecting the overall decline and market correction that seems to have hit most markets.
Second home buyers have taken advantage of this price correction in 2011, which is seen in the increase in home sales volume, which is up 61% over 2010 volume sales.
Cash sale transactions were at 48% of the Northstar home market, which is above the regional average of 35%, again showing us that investors found value in this market and a good place to invest their dollars.
The current absorption rate for the Northstar neighborhood is at 8.7 months.Anything above 7 months of inventory is considered a Buyers’ market.Getting an absorption rate below 7 months is the first step to turning around a declining market is reducing the current inventory.
Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 17% of all homes sold in 2011, which is a slight decrease over last year.While most sellers are not distressed sellers, having REO’s or short sales in their neighborhood puts pricing pressure on regular sellers as these distressed sales are helping to set the sales price for all sellers in a neighborhood.The second step to turning a declining market around is to work through the short sales and foreclosures.
There were 23 Active – available homes for sale in the Northstar area as of 01/29/2012.They ranged in price from $485,500 to $3,250,000.Of the 23 homes offered for sale there were no bank foreclosures zero (0) REO listings, but two (2) short sales, which made up making up 9% of the available inventory.There are five (5) pending sales in this exclusive vacation-resort second home market ranging in listed price from $419,950 to $1,165,000, one of these sales is an REO listing.
There may not be short sales or Bank Foreclosures (REO’s) for sale at this time.If there are not current listings, and you’d like to know when a new listing does come on the market, call Laura 530-414-1260.
For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260, www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.
Note:Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS's may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS).If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.
Fireworks and Concert at Northstar, California, New Year’s Eve Celebration!
Happy New Year!
Happy New Year Everyone! This year we went to Northstar to celebrate the New Year.It was cold, but a lot of fun.We made it just in time to catch the last half of the free concert, watch the ice skaters, get a mocha from Starbucks, and enjoy a crepe.Then we found a great spot to watch the fireworks at 9 p.m.Check out the celebration at Northstar.
Thinking about getting you own place here at Northstar at Tahoe?
For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260, www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.
Northstar, California, New Year’s Eve Celebrations December 31, 2011
1 p.m. – 3 p.m.Northstar, California, will start to bring in the New Year with DJ music from 1 p.m. – 3 p.m. in the Northstar, Village Stage.
5 p.m.Northstar will be putting on a Ripperroo Parade for all ages (Ripperroo is the ski and snowboard mascot), beads, noise makers, singing, dancing, you get the idea, and should be a lot of fun for everyone.
7 p.m. – 9 p.m. Enjoy an evening with live music by Led Zeppelin 2:The Experience, which will begin at 7 p.m. and end at 9 p.m.
9 p.m.Fireworks at Northstar at 9 p.m.
Happy New Year!
Thinking about getting you own place here at Northstar at Tahoe?
For more information on the Northstar, California, New Year’s Eve Celebrations December 31, 2011, click here!
For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260, www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Real estate is a local market, despite the national headlines.
Get ready for an evening of dinner, dancing, and lot of fun by supporting the local Humane Society of Truckee-Tahoe with their 4
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In addition to all of the great area amenities that the region offers, the Northstar property owners also have access to the Northstar home owners club, which includes a seasonal swimming pool, and tennis courts, and the area has a golf course in the community.
