Truckee Real Estate - Jamie Schou

California Association of Realtors Reports Increased October Sales

admin — Mon, 01 Dec 2008 19:21:59 +0000

C.A.R. REPORTS SALES UP 117.1 PERCENT; MEDIAN PRICE FELL 39.9 PERCENT
Home sales increased 117.1 percent in October in California compared with the same period a year ago, while the median price of an existing home fell 39.9 percent, C.A.R. reported yesterday. “Statewide sales increased significantly in October to 552,750 homes on an annualized basis, the highest sales level since late 2005,” said C.A.R. President James Liptak. “The record gain stemmed primarily from extremely large increases in regions with a high concentration of distressed sales.”Most October sales likely opened escrow prior to the beginning of the ongoing freeze in the financial markets. We won’t have a clear picture of the full impact of the fallout until November and December sales are reported,” Liptak added.

“The year-to-year decline in the statewide median home price was smaller in October than the previous month for the first time in 11 months,” said C.A.R Vice President and Chief Economist Leslie Appleton-Young. “However, there is still no conclusive indication that prices have begun to stabilize.”
Taken from C.A.R. Newsline

Jamie Schou
Cell - 530.798.1393
jschou@kw.com

Martis Camp Ski Connect Completed

admin — Mon, 10 Nov 2008 22:00:32 +0000

I was out at Martis Camp last week and took a tour of the new ski connect to Northstar. It truely makes Martis Camp a one of a kind destination! Essentially Northstar extended their Lookout lift down the hill into the Martis Camp property. Martis Camp will then have a small parking area (although shuttle service will be provided to homeowners) and what they are calling a warming hut for owners to store ski gear and use as a locker room facility. Non Martis Camp owners will of course be allowed to use the lift, but will not have access to the warming hut or any drive up capabilities.

Other updates include the continued construction of the Owner’s Clubhouse and the Family Barn, both scheduled to be completed in the summer of 2010.

There is still inventory available in Phase II with a scheduled release of a limited winter Phase that will include ski-in and ski-out lots near the extended ski lift. There are really some great opportunities at what is and will continue to be a one of a kind property.

Call Jamie for more information about Martis Camp or any other opportunities.
Jamie Schou
Cell - 530.798.1393
jschou@kw.com

Martis Camp Overview

admin — Mon, 10 Nov 2008 20:13:36 +0000

Martis Camp is Truckee’s premier golf course community. Set on a prestine peice of land covering 2,177 acres Martis Camp is poised to provide the ultimate in Tahoe Luxury.

The Fazio Golf experience and the private ski access to Northstar-At-Tahoe^TM Resort truly set Martis Camp apart, just like other engaging amenities here-all of which are rooted in an abiding vision to promote family time, great friendships, and memorable moments, including:

Tom Fazio Golf
Private ski access from within the heart of Martis Camp to Northstar-at-TahoeTM Resort, including winter Warming Hut with ski and boot storage, lounge and sun deck
50,000 square-foot Camp Lodge with dining venues, golf club house, lap and vitality pools, and club spa
Family Barn with art loft, bowling lanes, outdoor swimming venue, movie theatre, basketball courts, ampitheatre, and nostalgic soda fountain
Park Pavilion and Sporting Fields for croquet, bocce ball, soccer and more
Over 20 miles of Community Trails
18-hole Dick Bailey Putting Park
Lost Library and Folk School
Tennis Pavilion and courts

For more information about Martis Camp and available properties please contact Jamie Schou
Jamie Schou
cell - 530.798.1393
jschou@kw.com

Tonopalo Home #5 - Offered at $425,000

admin — Wed, 29 Oct 2008 20:29:29 +0000

Building #3

Home #5 at Tonopalo is a beautiful home with outstanding Lake Tahoe views and room for the whole family with 3 bedrooms and 3.5 baths.

Views, plenty of room and just a short walk to the beach where the fun really begins. 12 owner’s buoys, 300 foot pier, sailboats, kayaks and a 26 ft Formula speedboat are just some of the highlights of the wonderful amenitites at Tonopalo.

Call now to learn more or visit www.TonopaloSales.com.
Jamie Schou
Cell - 530.798.1393
jschou@kw.com

Fed Cuts Rate

admin — Wed, 29 Oct 2008 19:58:38 +0000

For the first time since June 2004 the fed funds rate is down to 1%. The fed cut the key short term interest rate today by .5% amid continued concerns about the economy. The fed has cut the fed funds rate 9 times since September 2007 and at 1% it matches it’s lowest level ever.

So what does this mean? Well, the fed funds rate is used to set rates for a wide variety of consumer loans including credit cards and home equity lines of credit. So, those of you with HELOCs will see immediate relief. Investors were expecting a rate cut of .5% and some were expecting a larger cut, so markets will not be effected too much by this news as it has already been built into the past weeks movement.

We will see what this means for home loan rates as the bond market absorbs this news, but the idea is that they will improve. That being said, interest rates are at all time lows and there are values abound throughout North Lake Tahoe and Truckee. If you have been thinking of buying a home, now is the time! When everyone else needs to sell, that will provide you the best opportunity to buy. Ask me about the many short sales and bank owned properties in the area.

Contact me for more information about the best buys now.
Jamie Schou
530-798-1393
jschou@kw.com

Discounted Developer Pricing at Grizzly Ranch

admin — Mon, 27 Oct 2008 20:43:31 +0000

Below is an excerpt taken from an e-mail I recieved this morning (10/27/08). A possible opportunity for you golfers or investors (or golfing investors) out there!

Simply said – the lots must sell.
Never before has there been an opportunity for you to buy a homesite at one of the Best New Golf Course communities* in the United States. Current opportunities include fairway, view and wooded lots (from .25 acre to 4 acres) in one of the area’s most pristine settings within 45 minute drive from Reno and Truckee.

SEASON Close-Out specials
starting at $97,500
Additional incentives for the first 5 buyers. Reduced golf membership pricing.

Grizzly Ranch Benefits
45 minute drive to Reno and Truckee • Private gated community • Bob Cupp designed 18-hole golf course • Golf Club • Pro Shop • Restaurant • Swim and Fitness Center • Miles of hiking and biking • Nature conservancy throughout the Ranch

Not a lot of information is contained in the e-mail except that Grizzly Ranch wants to liquidate some inventory. I have been up there and played the course and it is truely beautiful. The course is at a lower altitude than most of the Tahoe/Truckee area courses which allows for a longer playing season and milder temperatures in the fall and spring. If you are a golfer and enjoy the sierras I would recommend at least taking a short drive up there to look. If you are interested in learning more please let me know and I will try to arrange an outing for you with golf included.

Please contact me if you have any questions about Grizzly Ranch or any other real estate opportunities in the area.

Tonopalo Home #6 Listed for $420,000 - Just Sold

admin — Fri, 10 Oct 2008 18:34:50 +0000

Tonopalo Building 2

Another Tonopalo Sale by Jamie Schou (Buyers and Sellers Representnative). Live the lakefront lifestyle at Tonopalo. Learn more at www.TonopaloSales.com.

Contact me for more information

Jamie Schou

Cell - 530.798.1393

jschou@kw.com

Discounted Developer Pricing at Northstar!

admin — Mon, 15 Sep 2008 23:42:12 +0000

I keep saying this and I will continue to say it, “Now is a great time to buy real estate!”

The Developer owned inventory at Northstar has been drastically reduced! Village Walk Townhomes that were once offered at $2.880 million are now priced as low as $1.950 million. Village Condos that were priced at over $1000 per square foot are now being offered in the $600 per square foot range!

So, if you have ever had any interest in Northstar or would like to learn more contact me now. This could be your great opportunity.

Jamie Schou
Cell - 530.798.1393
jschou@kw.com

Tonopalo Home #16 Listed for $399,000 - Just Sold

admin — Mon, 15 Sep 2008 23:05:59 +0000

Tonopalo Beach

Another Tonopalo sale by Jamie Schou 9/13/08 (Sellers Representative)! Prices are great right now and it is the time to buy!
LaKfront, Sandy Beach, Buoys Pier, Minutes to World Class Skiing and Golf. This is Lake Tahoe’s Best! www.TonopaloSales.com

Contact me now for more information
Jamie Schou
Cell - 530.798.1393
jschou@kw.com

5605 Sahara Drive Listed for $695,000 - JUST SOLD for $650,900

admin — Tue, 09 Sep 2008 20:54:55 +0000

Sahara

Beautiful 3 bedroom, 2 bath home in Agate Bay was just sold by Jamie Schou (buyers representative). This home represents another great opportunity to own in Lake Tahoe.

Contact me for more information on this sale or any others. View all area listings at www.jamieschou.com .

Jamie Schou
Cell - 530.798.1393
jschou@kw.com