reno real estate: April 2016 Existing Reno Home Sales Report - 05/09/16 01:11 PM
According to research done by the Reno Gazette Journal, we are feeling a little deja vu here in the Reno real estate market.  We are experiencing a bit of a boomerang market that feels an awful lot like the one we saw here more than a decade ago.  Buyers are in search of Reno homes and the demand is high.  There are both positives and negatives to this type of market.  The April 2016 Existing Reno Home Sales Report indicated that sales have gone down but prices are on the rise.  Here is a wrap-up of our local market conditions.
April 2016 … (1 comments)

reno real estate: March 2016 Reno Market Report Shows Rise in Home Values - 04/11/16 12:05 PM
The March 2016 Reno Market Report shows a rise in home values.  Sales are up.  Prices are on the rise.  Buyers are starting to feel the pinch of a Seller's market when looking for their next Reno home.  What can Buyers and Sellers glean from this latest report?
March 2016 Reno Market ReportThe Reno/Sparks Association of REALTORS® recently released their statistics for the March 2016 Reno Market Report.  The percentage of Reno homes priced between $150,000 to $250,000 that went under contract in March rose from 65% in February to 72% in March.  That's quite a jump in just one month.  New listings … (2 comments)

reno real estate: Downtown Reno Condo Complex Starts Construction Soon - 03/14/16 11:55 AM
New construction continues its rise in our Reno community.  A new 28-unit, mixed-use Downtown Reno condo complex starts construction soon.  Construction is scheduled to begin later this month or early next month.  The complex is expected to officially open its doors in late 2016.
Downtown Reno Condo ComplexCathexes LLC and the Don J Clark Group are the masterminds behind this new Downtown Reno condo complex located at 235 Ralston Street.  They want to bring style to living spaces in the downtown area.  The five-story structure will have retail space on the bottom floor.  The businesses that Cathexes is hoping to attract to this … (0 comments)

reno real estate: February 2016 Reno Real Estate Market Report - 03/08/16 10:19 AM
Our Reno community is seeing some great movement in home sales.  The February 2016 Reno Real Estate Market Report showed that demand is outpacing active listings.  That's great news for Sellers, provided they don't decide to overprice their home.  But what does this mean for Buyers?  You'll have to read on to find out!
February 2016 Reno Real Estate Market ReportAccording to the February 2016 Reno Real Estate Market Report, active listings were up by around 100 compared to January 2016.  The amount of homes sold were also up (416 Reno homes closed last month).  This tapped into inventory levels, causing them … (2 comments)

reno real estate: 35th Annual Reno Toy Run - 11/30/15 08:14 PM
Mark your calendars and reserve Sunday, December 6th for this special event! Every year since 1980 the Reno Toy Run has been there for our community, allowing us to provide much needed help to Reno families at Christmas, and local children’s charities all year round. All funds collected stay local.
The Reno Toy Run is the largest motorcycle community event, attended by motorcyclists of all types and ages, from Harleys to Sport and Dirt Bikes. While riding is dependent on the weather, Reno residents and businesses have never failed to bring Christmas Spirit to our community.
Event Information:
35th Annual Reno Toy Run
Date/Time: December 6th @ 8:00 a.m. - 9:00 p.m. (Parade begins at 11:00 … (0 comments)

reno real estate: October 2015 Reno Home Sale Market Report - 11/23/15 10:42 AM
October 2015 Reno Home Sale Market Report. October median sales price has declined for the past 3 months. This is the first time we've seen such a decline in median home prices since January 2012.  The median price was down 2% to $280,000 compared to $285,000 in September.
October 2015 Reno Home Sale Market ReportGood news, median sales price was up 8% from October 2014. October unit sales at 528 are down 8% from September and up 8% compared to October 2014. This is the fourth highest October unit sales in history exceeded only by October 2009 at 553. October new listings are down 13% … (1 comments)

reno real estate: Your Reno Neighborhood - 11/16/15 05:28 PM
Your Reno Neighborhood. It's all about coming together as neighborhood citizens and drive positive change in our impressive Reno communities. Not only is being an active member in your neighborhood valuable to you and your family, it also assists our larger community grow and develop. Our Neighborhood Advisory Boards are the ideal opportunities for residents looking to become neighborhood leaders.
The City of Reno is branched into five City Council wards. Each ward has one representative on the Reno City Council. The City Council also includes one At-Large Councilmember and the Mayor. Each of the City’s five wards are represented by a respective Neighborhood Advisory Board (NAB). Each NAB will meet once each month on an ongoing … (0 comments)

reno real estate: September 2015 Reno Home Sale Market Report - 10/26/15 10:58 AM
The September 2015 Reno Home Sale Market Report showed that it continues to be a Seller's market.  That is because there is a 3.4 month inventory supply available.  Reno Buyers will be happy to note that the median price was slightly lower than August.  However, it is up almost 20% from September 2014.  For your convenience, you will find a breakdown of the September 2015 Reno Home Sale Market Report below.
September 2015 Reno Home Sale Market ReportAccording to the Reno/Sparks Association of REALTORS®, there were a total of 560 Reno area homes sold in September 2015.  This was 7% higher than … (3 comments)

reno real estate: May 2015 Reno Home Sales Market Report Stats - 07/06/15 01:21 PM
The May 2015 Reno Home Sales Market Report is in.  Washoe County as a whole saw increases in both total sales and median prices.  The Reno community saw even larger increases in both.
Breakdown of May 2015 Reno Home SalesThe figures discussed in this May 2015 Reno Home Sales Market Report are based on the reported stats from the Reno/Sparks Association of REALTORS®.  They gather information from the Northern Nevada Regional MLS.  According to their findings, Washoe County showed that 567 existing single-family homes were sold in May 2015.  This was 4% higher than the same time last year.  There were 368 … (0 comments)

reno real estate: April 2015 Reno Home Sales - 05/26/15 11:11 AM
The Reno/Sparks Association of REALTORS® recently released their April 2015 Reno Home Sales report.  The RSAR gathered information from the Northern Nevada Regional MLS to create their report.  The Reno community saw an increase in total sales as well as median sales price.
What Did the April 2015 Reno Home Sales Report Say?According to the April 2015 Reno Home Sales Report, a total of 533 Reno homes were sold  between April 1st and April 30th, 2015.  This made up 67.9% of the total sales for the entire Washoe County.  It was also a 3% increase from total sales in April 2014 and … (1 comments)

reno real estate: Reno Goes International - 11/15/14 03:48 PM
Anyone who lives in the Reno community knows how amazingly lucky we are to live near some of the best skiing in the country.  Reno residents need only drive an hour or two south to visit the gorgeous ski resorts of Heavenly, Kirkwood, Squaw Valley or Mt Rose Ski Tahoe.  In fact, Mt Rose Ski Tahoe opened up in a limited capacity just last weekend!  Now, there has been an announcement that Reno goes international to Europe with flights to and from London's Gatwick Airport.

Europeans love their holidays ("vacations" to us Yanks).  Wintertime is a favorite time to get away for … (0 comments)

reno real estate: UNR Ski Swap 2014 - 11/09/14 08:14 PM

Last Friday, November 7th, Mt Rose officially opened up to skiers in the Reno community and beyond.  This is the earliest start to the Reno ski season in in a decade.  The open terrain may be limited but that just means that beginners will have a nice patch of land to hone their skills.  It is also a great time to mention the UNR Ski Swap 2014 coming up this weekend in Reno.
What: UNR Ski Swap 2014
Where: Grand Sierra Resort (2500 E 2nd St, Reno)
When: Nov 14th 5:30pm to 9pm, Nov 15th 10am to 6pm & Nov 16th 10am to … (0 comments)

reno real estate: Reno's Dragonfly Energy Hits the Big Time - 11/03/14 11:55 AM

It looks like Tesla is not the only lithium ion battery manufacturer to call Reno home.  Reno's Dragonfly Energy hits the big time with their Western Regionals win at the Cleantech Open.  The next hurdle will be the October 15th semifinals.  After that, it is on to the finals and a chance to win money for their company, possible investors and mentorships from all over the world.

The Cleantech Open divides the United States up into eight different categories: Pacific Northwest, Western, Rocky Mountain, Midwest North, Midwest Central, South Central, Southeast and Northeast.  Local startups in each region compete … (0 comments)

reno real estate: Tesla Talks Reno Jobs - 10/27/14 10:30 AM

For several weeks now, the biggest news for the Reno community has been Tesla.  Their gigfactory just outside the city limits means big business for Reno.  Everyone was excited when it was officially announced that Tesla would call Reno home last month.  Now, Tesla talks Reno jobs.
Tesla is expecting to employ as many as 6500 workers within their first eight years of operation.  Additionally, they estimate that their average wage should be around $26.16 per hour.  This does not even include the construction workers currently on staff building the five million square foot gigafactory.  The jobs range anywhere from … (0 comments)

reno real estate: Sparks Pumpkinpalooza 2014 - 10/20/14 12:50 PM

It is definitely Fall here in the Reno-Sparks community.  The weatherman says it is supposed to be a crisp 66 degrees this Saturday.  That sounds like perfect Sparks Pumpkinpalooza 2014 weather to me!
What: Sparks Pumpkinpalooza 2014
Where: Sparks Victoria Square, Downtown Sparks
When: Sunday, October 26, 2014 11am to 5pm
Contact: Northern Nevada Center for Independent Living (775) 353-3599 or via email
Last year's festivities brought more than 5000 people to the downtown area.  It wouldn't surprise me if even more came to Sparks Pumpkinpalooza 2014.  There are so many activities jammed into this one day that there is no way anyone could … (1 comments)

reno real estate: Reno Bites Restaurant Week 2014 - 10/13/14 11:40 AM

You have probably heard the phrase "think global, shop local" at some time over the past few years.  That means that we need to start purchasing goods and services from local vendors and farmers in our very own Reno community instead of the big box stores.  This both helps our local Reno economy and lowers our carbon footprint.  During Reno Bites Restaurant Week 2014, you can actually taste the goodness that patronizing local businesses provides.
What: Reno Bites Restaurant Week 2014
Where: Participating Reno restaurants
When: October 13-19, 2014
Contact: (775) 772-8447 or Reno Bites Week email
Reno Bites Restaurant Week 2014 starts today … (1 comments)

reno real estate: Reno Giving It the Old College Try - 10/06/14 01:13 PM

Reno has seen some big changes lately.  Tech giant Apple set up a data center here.  Amazon and Zulily call Reno home for their operations.  Currently, Tesla is gearing up to build their Gigafacility just outside the city limits.  Now, we find Reno giving it the old college try by expanding the University's campus into the downtown area.

On Thursday, October 9th, the city plans on presenting its recommendations for the University of Nevada, Reno's expansion to the Planning Commission.  If the commission approves, the expansion proposal will then be presented to the City Council just a couple of weeks … (0 comments)

reno real estate: Tesla Calls Reno Home - 09/29/14 09:18 AM

And then there was one.  We've spoken a lot lately about how the Tesla move means big business for Reno.  Their five million square foot Gigafactory will supply all the lithium ion batteries for their electric cars.  More than 6500 jobs will come directly from the plant once it is up and running.  The ancillary jobs that will be created (from construction to motels, restaurants and more) are the shot in the arm that the Reno economy will benefit from most of all.  Now that Tesla calls Reno home, let us take a look back at how it got that way.
This … (2 comments)

reno real estate: Tesla Move Means Big Business for Reno - 09/15/14 11:02 AM

Last month, I wrote about how Reno was poised to become the next Silicon Valley.  The City has already enticed big name companies such as Apple, Amazon and Zulily into setting up shop here.  Earlier this month, it was officially announced that Tesla Motors would be building their Gigafactory plant just outside of Reno.  This Tesla move means big business for Reno!
The Tesla Gigafactory battery plant will be manufacturing lithium-ion batteries for use in the company's electric cars.  It is expected that enough of these batteries will be produced to allow for the manufacture of over a half a million … (3 comments)

reno real estate: Reno Market Update - August 2014 - 09/08/14 10:28 AM

According to the recent Reno market update - August 2014, sales appear to be slowing down.  The total number of listings decreased by only 29 while the number under contract decreased 3.3% in just one week.  In my daily travels around town, I have seen more than a few overpriced listings.  When you partner that with the yo-yo-ing appraisals we are seeing, it makes for a bit of a tricky market.

I have found an unusually high amount of "value options" lately in the Reno real estate market.  In fact, one property was given one value amount by an appraiser one … (1 comments)

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Reno Relocation Real Estate

Reno, NV

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