Lake Tahoe Area Events

February 2nd, 2012 8:17 AM

Skiing for Schools

Excellence in Education board members enjoying the snow at Northstar's 2010 Skiing for Schools date!

2011 - 2012 Skiing for Schools Dates

On selected days, the participating resorts are offering skiers and snowboarders special discounted lift tickets and the opportunity to support education. The proceeds from your lift ticket purchase go directly to the Excellence in Education Foundation, which provides enhanced educational opportunities for our local students.

Royal Gorge - Monday - Sunday, January 30 - February 5 - $15 trail pass valid any one day from January 30 - February 5. Passes are available the week prior at Paco's in Truckee or Alpenglow in Tahoe City.

Tahoe Donner Ski Area - Sunday - Friday, January 30 - February 5 – $25 lift tickets valid any one day from January 30 - February 5. Purchase tickets the week prior at Porters Sports in Truckee or Tahoe City.

Sugar Bowl- Saturday - Friday, March 24 -30 - $35 lift tickets valid any one day from March 24 -30. Purchase tickets the week prior at Porters Sports. Truckee or Tahoe City

Squaw Valley USA and Alpine Meadows - Sunday, April 15 to end of the season - $35 lift tickets valid any one day at either resort from April 15 to the end of the season. Purchase tickets the week prior at Porters Sports in Truckee or Tahoe City..

Purchase downhill ski tickets the week prior to the valid ticket period at Porters Sports locations (Truckee and Tahoe City). Purchase cross-country passes in advance at Paco's in Truckee and Alpenglow in Tahoe City. A limited supply of tickets are sold on a first-come, first-served basis and will not be available at the resorts the day(s) of the event. Check and cash are preferred form of payment. Tickets are not refundable. All Skiing for Schools proceeds are donated to Excellence in Education through your lift ticket purchase and the generous support of participating ski resorts.

Go and enjoy and help ous schools

For more information, please call 530-550-7984


Posted by Susan Ewry on February 2nd, 2012 8:17 AMPost a Comment (0)

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Squaw Valley USA. |
- Courtesy of Chris Beck, via Squaw Valley USA
 
Tahoe resorts Squaw Valley USA, Alpine Meadows to join forces

September, 27 2011
By Jason Shueh
Sierra Sun
OLYMPIC VALLEY, Calif. — Two of the largest and most-revered ski areas nestled near the shores of Lake Tahoe are joining forces, officials have confirmed, ending years of rumors of a partnership that figures to create a mega resort offering unprecedented access to terrain and perhaps setting the stage for a dramatic transformation to the future of the ski resort industry.

KSL Capital Partners LLC, which owns Squaw Valley USA, will acquire and manage Alpine Meadows Ski Resort, owned by JMA Ventures, through a joint venture. The transaction, announced by both companies in a 5:15 a.m. Tuesday press release, is expected to close prior to the start of the 2011-12 winter season.

“The idea of combining Squaw Valley and Alpine Meadows is a long time coming, but the actual transaction originated, very fittingly, on a chairlift,” said Andy Wirth in a Monday evening interview. The resorts informed the Sierra Sun Monday afternoon of the Tuesday morning announcement, which was first reported at 5 a.m. by The Associated Press due to a requested embargo of the information.

“It was on a spectacular California bluebird day when I happened to be riding a chairlift with Todd Chapman, President and CEO of JMA," Wirth continued. "We were talking about what an amazing winter we were all enjoying and lamenting that we didn't have more time to get out and enjoy the snow. As the chairlift ride came to an end, the talk turned to the obvious concerning our two mountain resorts. In the end, this was an effort truly forged in snow and a passion for skiing and riding.”

KSL will be the majority owner of the combined company, under a new company called Squaw Valley Ski Holdings LLC, with an investment affiliate of JMA to convert its ownership of Alpine Meadows into partial ownership, while still remaining affiliated with the resort. According to the press release, JMA will continue to independently own and operate Homewood Mountain Resort on Lake Tahoe's West Shore.

Questioned whether the acquisition was made out of a strategic desire to compete with Vail Resort's stronghold on resorts such as Northstar-at-Tahoe, Heavenly Mountain Resort and others, Wirth said it wasn't, but rather to realize a grander vision of  the ski resort experience.

“This transaction is simply about the implementation of a vision, a vision of something greater, and pursuing a tremendous opportunity on behalf of our guests. In everything we do, our motivation is to improve the guest experience,” Wirth said.

Despite an array of rumors speculating on construction projects such as a chair lift connecting the resorts, Wirth said such conjectures are premature, with operational needs and the unification of the resorts being first priority; however, he did not rule out construction projects in the future.

“The initial focus will be to make the customer experience seamless during the transition,” Wirth said. “Before we undertook any capital investments and improvements at Squaw ($50 million dedicated to improvements last July for new lifts, grooming and village upgrades), we conducted extensive diligence by listening to our customers to determine what would be needed to be done to optimize the customer experience. That said, after the completion of extensive research, Alpine Meadows will also see significant investments in the guest experience."

An advantage to Squaw's current guest experience will be variety, Wirth said, with visitors being able to purchase a season pass that includes both resorts.

Furthermore, according to the announcement, those who purchased the following passes for winter 2011-12 — Gold, Silver and Bronze passes at Squaw, and Unfiltered, Slightly Filtered and Filtered passes at Alpine— will become valid for skiing and riding at both resorts.

Besides the passes, another advantage, Wirth said, is geography, with each resort historically having high snow counts, and hence, longer ski seasons.

“Both mountains also receive, as most locals know, the highest amounts of the best quality snow around – over 800 inches last season,” said Wirth.

The welfare of all employees at both resorts will be considered as much as possible, Wirth said.

“Squaw and Alpine both have outstanding employees, and their welfare will be a top priority as we work out the details of the combining of the two resorts. No organizational or structural decisions or actions would or could be made until after the closing of the transaction,” he said.

Alpine will retain its character under a unified vision and leadership, Wirth said. Careful business analysis also was invested into the acquisition, as Squaw measured Alpine's attractiveness to its own visitors, and vice-versa.

“Our research shows that what united guests of Squaw and Alpine is their desire for exploration, discovery and adventure.” Wirth said. “Our research also shows that the number one choice of Squaw skiers, when not skiing or riding at Squaw, is Alpine, while the number one other resort skied by Alpine customers is Squaw.”

Wirth said both parties agreed the cost of the acquisition would not be discussed. He added that the transaction is subject to US Forest Service and the California Tahoe Conservancy.

The merger comes less than a year after Squaw Valley was sold to KSL, a Colorado-based investment firm. Squaw was founded in 1949 by Alex Cushing, a legend in the industry for helping launch the sport in the U.S. after he landed the 1960 Winter Games, the first Olympics to be televised. Alpine Meadows opened the following year.



Posted by Susan Ewry on September 30th, 2011 10:47 AMPost a Comment (0)

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Rate Lock Advisory - Thursday Jan. 20th



Thursday’s bond market has opened in negative territory despite early stock weakness. The Dow is currently down 20 points while the Nasdaq has lost 15 points. The bond market is currently down 13/32, but we will still likely see an improvement of approximately .250 of a discount point in this morning’s mortgage rates due to strength late yesterday.

We had a couple of reports posted this morning, none of which were favorable to mortgage rates. The Labor Department announced early this morning that 404,000 new claims for unemployment benefits were filed last week. That was lower than the 425,000 that forecasts had called for, hinting that the employment sector was stronger than thought last week. Fortunately this data does not carry significant influence on the markets due to its short coverage period, but it did hurt bonds during early trading.

The National Association of Realtors reported a much larger than expected increase in home resales during December. This is bad news for the bond market because it indicates housing sector strength, which is one of the hurdles that the economy must overcome to recover. With housing strengthening, and some minor hints of the labor market beginning to improve at a faster pace, some believe the economy can now gain some traction. Since weaker economic conditions make bonds more attractive to investors, this is bad news for mortgage rates.

December’s Leading Economic Indicators (LEI) was also released late this morning, revealing a 1.0% increase. This was a much stronger increase than many had thought, meaning that it is predicting economic activity will rise fairly rapidly over the next several months. As with the housing news, this is bad news for long-term securities such as mortgage-related bonds.

There is nothing of importance scheduled for tomorrow, making it very likely that the stock markets will be the biggest factor of any changes to mortgage rates. If the major stock indexes move higher, we could see mortgage rates follow suit. But, stock weakness should make bonds more appealing and lead to slightly lower mortgage pricing.

If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Float if my closing was taking place between 8 and 20 days... Float if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now... This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers.

©Mortgage Commentary 2011

Posted by Susan Ewry on January 20th, 2011 11:17 AMPost a Comment (0)

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August 7th, 2010 10:53 AM

 

Truckee, Calif., near Donner Lake Photo 1 of 2
This year, skip Lake Tahoe and head 16 miles north to Donner Lake's warmer water temperatures and small-town atmosphere. Originally an Old West town (you can still visit the original 1875 jailhouse), Truckee is a great base for exploring the lake's many outdoor activities—lately, stand-up paddleboarding is the sport of choice (Truckee Sports Exchange, 530/582-4510, truckeesportsexchange.com, boards $60 per day, kayaks $40 per day). Truckee also has a growing local art scene—a slew of new galleries has opened recently, including Riverside Studios, which sells pottery, jewelry, and clothing made by a collective of area artists (10374 Donner Pass Rd., 530/587-3789, riversideartstudios.com), and Carmel Gallery, home to Olof and Elizabeth Carmel's impressionistic prints and photographs (9940 Donner Pass Rd., 888/482-4632, thecarmelgallery.com). Whatever your plans, carb up first with the All Day Addiction, a concoction of hash browns, avocado, Canadian bacon, and two eggs, at 1940s-style diner Jax at the Tracks (10144 W. River St., 530/550-7450, jaxtruckee.com, Addiction $10). Later, you can relive your adventures over a Base Camp Golden Ale at Fifty Fifty Brewing Co., where all the beers are brewed in-house (530/587-2337, fiftyfiftybrewing.com, beers from $4.50), and watch the sun set over the water from the redwood deck at Loch Leven Lodge (lochlevenlodge.com, rooms from $120).


Posted by Susan Ewry on August 7th, 2010 10:53 AMPost a Comment (0)

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July 31st, 2010 2:56 PM
Rate Lock Advisory - Friday Jul. 30th 



If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Float if my closing was taking place between 8 and 20 days... Float if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now... This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers. 

Friday's bond market has opened in positive territory following news of slower than expected economic activity during the last few months. The stock markets initially opened with losses, but have since recovered to currently show minor gains. The Dow is currently up 15 points while the Nasdaq has gained 4 points. The bond market is currently up 13/32, which should improve this morning's mortgage rates by approximately .125 - .250 of a discount point.

This morning's big news was the release of the 2nd Quarter Gross Domestic Product (GDP), which is considered to be the best indicator of economic activity. It revealed an annual rate of growth of 2.4% that was slightly lower than forecasts. Making this even better news was a large upward revision to the 1st Quarter's final reading, meaning economic activity slowed considerably between the first and second quarters of the year. The slowing economy creates a favorable environment for the bond market and makes longer-term securities such as mortgage-related bonds more attractive to investors. As investors move funds into bonds, their yields drop and mortgage rates improve.

The 2nd Quarter Employment Cost Index (ECI) was also released this morning, showing a 0.5% increase. This matched forecasts, indicating that employer costs for wages and benefits rose during the quarter. That can basically be considered bad news for bonds as it raises the possibility of wage inflation and gives consumers more fuel to spend, but since it pegged expectations its impact on this morning's rates has been minimal.

Lastly, the University of Michigan revised their Index of Consumer Sentiment for July with a reading of 67.8. This means that consumer sentiment was stronger than previously estimated, which can be considered negative for bonds. However, it was not enough of a variance to influence bond trading or mortgage rates, especially since the GDP reading carries significant importance to the markets.

Next week is fairly busy with a handful of relevant economic reports scheduled for release, but it is not the number of reports that makes it an active week. It is the importance of some of the data that draws attention, such as the Institute for Supply Management's (ISM) manufacturing index during late morning hours Monday. And the almighty monthly Employment report early Friday morning. In between there are also a couple of reports that may influence rates. Look for more details on next week's events in Sunday's weekly preview.

©Mortgage Commentary 2010


Posted by Susan Ewry on July 31st, 2010 2:56 PMPost a Comment (0)

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June 24th, 2010 8:36 AM
Tahoe Weather Geek
                          Forecast summaries for Tahoe residents and Sierra-bound travelers
For weather updates, Tahoe cams and our adventure sports blog, go to www.tahoeloco.com
 
 
June 24, 2010

Summer is finally upon us, on the calendar and in the air. This weekend should be the hottest of the year so far for Tahoe.

Today will actually be a bit cooler than Wednesday as a trough of low pressure that's been sitting off the coast of California moves east. This system will cool the air and could bring some thunderstorms to areas north and south of the Tahoe Basin. Friday's temperatures should be similar, with a lower chance of thunderstorms around the Sierra.

Then things begin to change. A ridge of high pressure building across the west will bring a warming trend to Tahoe. Temperatures are expected to climb to near 80 around the Lake by Sunday and in the 70s at 7000 feet at the mountain passes. Sacramento is looking at its first 100-degree day of the year Sunday. Reno should be in the 90s. And the foothills will be baking as well.

The heat wave should last into early next week before giving way to another spot of cooler weather.

Stay tuned to www.tahoeloco.com for updates as conditions change.


PLANNING AHEAD

The Mountain Area Preservation Fund, which works to preserve Donner Summit, is sponsoring a wildflower hike July 11 guided by Julie Carville, one of the area's premier botanists. The hike will be around the Mt. Judah Loop near the Sugar Bowl ski resort. There is a $25 per person fee, and space is limited. More info here.


MONTHLY WEATHER ALMANAC FOR JUNE 

TRUCKEE
High: 75 on June 14, 22
Low: 25 on June 17
Average temp: 50.9
Departure from norm: -4.3
Precipitation: 0.05 inches
Normal precip for the entire month: 0.66
Percent of normal for the month: 8%
Total snowfall: 0 inches

SOUTH LAKE TAHOE
High: 77 on June 14, June 23
Low: 30 on June 17
Average temp: 55.2
Departure from norm: +2.4
Precipitation (water content): .05 inches
Normal precip for the month: .85 inches
Percent of normal for the entire month: 6%
Total snowfall: 0 inches

As always, if you know someone who might want to receive the Tahoe Weather Geek's free forecast summaries, please forward them this email. Anyone can subscribe by sending an e-mail to 
tahoeweathergeek@gmail.com with "subscribe" in the subject line. Your email address will not be sold or shared for commercial purposes and you will not be spammed.
 
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Posted by Susan Ewry on June 24th, 2010 8:36 AMPost a Comment (0)

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Tahoe Donner - Truuckee California

Golf Course Home

This sunny & bright home on the 7th Fairway shows pride of ownership built by Jim Stites. 2 spacious master suites, one currently used as an office.Huge storage area off the garage. Woodstove in living area, gas log in office, both EPA approved. Home has some great remodeled features


Posted by Susan Ewry on April 28th, 2010 6:53 PMPost a Comment (0)

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March 21st, 2010 10:44 AM

Truckee and Tahoe Events Worth Knowing About

March 21st, 2010 9:50 AM

 

U.S. Freestyle Championships will be at Squaw Valley USA next Friday through Sunday, March 26-28, 2010

Squaw Valley USA to bring top Olympians both past and present to Squaw Valley.

Jonny Moseley, Hannah Kearney, Bryon Wilson, Jeret “Speedy” Peterson, the Bahrkes and many more great Olympians will be coming to Squaw Valley USA for the 2nd year in a row for the U.S. Freestyle Championships.

The top freestyle skiers will be in town from Friday through Sunday, March 26-28.

See the rest of the story here - U.S. Freestyle Championships


Posted by Susan Ewry on March 21st, 2010 10:44 AMPost a Comment (0)

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Header
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Listings Photo
$2,450,000.00
14470 South Shore Dr.

Truckee, CA 96161



Beds: 4.0 Rooms: 0
Baths: 3.00 Sq. Ft.: 2088.00
Garage: 0 Built: 0
 

4 Bedrooms - 3 Baths. Beautiful lakefront cabin is nestled in a peaceful forested setting on Donner Lake.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Geoff and Susan Ewry
Geoff & Susan Ewry - Keller Williams Realty
(888) 582-0449
www.teamtruckeerealtors.com



 
  Visit this listing at Here

Posted by Susan Ewry on August 29th, 2007 12:50 PMPost a Comment (0)

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