2015 was a diverse year for Doug Flynn Real Estate in regards to the plethora of communities that properties were represented by DFRE but yet another factor in how Doug Flynn continues to consistently be a top producing agent in Truckee-Tahoe. Seven different communities were represented in sales. They were; Northstar, Tahoe Donner, Lahontan, Gray’s Crossing, Sierra Meadows, Glenshire and Alpine Meadows. Twenty five years of living in Truckee-Tahoe and the knowledge and experience that comes with it is definitely an asset to DFRE in being an expert in multiple communities throughout the region and more importantly a bonus to DFRE clientele as they evaluate purchasing and selling. Being versatile in being able to handle second home purchases, investment properties, land acquisition & development projects and primary home purchases is something Doug works hard on. It is fun and interesting to work in different communities with different people all the time, at least it is to Doug. The list for 2015 is growing even more as sales in Martis Camp and Squaw have already happened. DFRE also currently has Lot 122 in Martis Camp listed for $995,000.
There has been a definite increase in raw land sales in the entire market over the last two years and that has been represented in DFRE sales as well. The building activity has rebounded and continues to do so in every community throughout Truckee-Tahoe. The years of Martis Camp being the only building activity are behind us. Northstar Mountainside is extremely active with luxury ski-in & ski-out homes and townhomes. DFRE will be bringing to market an incredible 5,000+ square foot mountain traditional home this summer on homesite M-11 just underneath the Ritz-Carlton in Mountainside. In every nook and cranny around Lake Tahoe you will see projects going up with an especially active lakefront building market. Most of the lakefronts are tear downs of old homes. Gray’s Crossing has 33 homes currently being built. Jeremy Purdy Construction is working on a new build project that will break ground this summer in which DFRE looks forward to marketing and bringing to the market. John McCabe Construction is finishing a build and starting his own soon as well. The Stewart McKay project in Lahontan sold by DFRE in 2015 was a John McCabe Construction development project. DFRE is currently working with McCabe Construction on another Lahontan project on Lars Haugen with beautiful views of Lookout Mountain and the Donner Crest. That will come to market this summer. Call DFRE for a personal preview tour.
The representation of sales in the Tahoe Basin by DFRE was surprisingly absent in 2015 but that looks to be changing in 2016 as multiple conversations are in progress. Offers have even been written on Tahoe Basin properties already this season although nothing has come to fruition, as of yet.
The total volume of sales at $8.2 million for 2015 by DFRE represented a slightly down year which fell in line with the overall market for the year as 2015 was sluggish. The first quarter of 2016 has already eclipsed $12 million in sales for DFRE with each sale coming in a different community. 2016 is going to be a strong overall real estate year and another diverse year for DFRE. It will be interesting to see how the trusty black Ford Expedition holds up after another year of covering Truckee-Tahoe communities.
Cheers,
Doug Flynn
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