My Recent Blog Posts

Members confirmed an increase in their business, recovering real estate prices, with decreasing inventories of listings. Some have had the best or 2nd best quarter in the first quarter of 2012. Members continued to show interest in global business and online marketing sharing their ideas with attendees.

Real Estate Market gaining momentum. We have seen quite a pick up in activity with buyer inquiries outnumbering seller inquiries 3:1. Squaw Valley Ski Area has 5 big news items which are supporting our recovery. $50M upgrades to the skiing and riding facilities on the mountain-Merger of Squaw Valley and Alpine Meadows Ski Areas with potential for up to three new chairlifts to connect them-Potential of Winter Olympics coming to Reno Tahoe in 2022- Major plans by KSL to develop the valley floor and 2013/14 US Alpine Championships now scheduled for Squaw Valley.  Martis Camp in Truckee has shown continued sucesss with over $91M in sales in 2011 and strong sales in the 1St QTR of 2012. We have spoken with agents in other areas of the country that are also seeing the improvement in activity and prices in their market areas. Larry Lawrence

Here is a link to the report that Martis Camp, Truckee, CA luxury development had sales for 2009 exceeding $35M.  http://www.foxbusiness.com/story/million-sales--martis-camp-defies-economy-making-tahoes-season-family-retreat/ We are working with Martis Camp as buyers agents and can pay you a referral fee on the selling side of the comission.  Please let us know if you have any buyers for this luxury subdivision with ski in ski out access to Northstar and a Tom Fazion golf course. http://www.lawrencerealtysquawvalley.com/Martis-Camp-Developer-Lots.php

Hello all, I hope you are enjoying the Vancouver Winter Olympics.  I wanted to pass along a piece of fun information.  Chiara was interviewed on NBC Affiliate KCRA (the Sacramento News station) earlier this week, the day of the women’s ski cross event at the Olympic Games.    Chiara was a gold medalist at the Winter Gravity Games and Silver and Bronze in the X-Games in 2000 and 2001.  The link to the interview is posted on our blog.  Check it out here.

Lot Sales at Martis Camp near Lake Tahoe have been strong so far in 2009.   Here is a list of the lot numbers for the sales at Martis Camp this year thru August. Prices range up to $2.7M.. All together, there were 28 sales, 7 trades and two pending sales year to date. There were three resale lots sold and there are two pending.

Cash For Clunkers really has hidden benefits.  Last year when fuel prices had nearly doubled to $4.50 per gallon many homeowners who had long commutes to work and who had qualified to buy their homes with just enough to qualify for a stated income loan were strapped financially by excessive fuel bills. This is one reason why many of  the commuting homeowners who had clunkers with low fuel mileage lost their homes as their montly fuel bills doubled from $350 to $500 per month to $700 to $1000 per month. they simply could not afford the extra monthly costs.  

On 12/26/2008 record crowds filled the parking lots at Squaw Valley Ski Area, and with heavy traffic arriving tonight from the Sacramento Valley and San Francisco Bay Area into the Tahoe and Truckee, Ca. areas, the next 10 days will be action packed with many skiers and riders taking in the fresh powder. We expect record crowds at all Ski areas in the North Lake Tahoe and Truckee Areas. Boreal Ridge Ski Area reported the largest ever number of night skiing tickets sold tonight.

Two significant events occured during the Thanksiving period which makes me feel that from here on out the economy bouncing along the bottom. Consumer actions: Fuel prices dropped under $2/gal and in some areas under $1.50/gal from a high of over $4/gal. This gave relief to those whose commuting costs, and consumption costs of consumer products had risen due to the high fuel costs, and on Black Friday ( sales up approx 7.5%) and on Cyber Monday ( sales up approx 12%) consumers started spending money again. Federal Reserve Actions: Federal Reserve injected $600 Billion into the banking system and $200 Billion into the credit markets helping to prevent deflation. This Quantative Easing has allowed money to start flowing into the credit markets, and with there action this week it should help to get the flow of money out of the banking system and into the consumers who wish to purchase or borrow money.