reno homes: Reno Housing Market Was THE Hottest Topic of 2017
- 12/26/17 04:31 PM
The Reno housing market was THE hottest topic of 2017 here in the Truckee Meadows area of Nevada. Affordability and availability seem to be the hardest for buyers to come by. The following are the top five topics we covered about the Reno housing market over the last year. The Reno Housing MarketReno Home Prices Expected to Go Up in SpringWe began the year with a median sale price of $304,000. Inventory started low and just kept getting lower. It really was no surprise to find out that local real estate experts believed they'd see buyers in the Reno housing market paying even … (0 comments)
reno homes: Reno Housing Crunch Expected to Continue Through 2019
- 12/04/17 01:02 PM
Affordability continues to be a sticky subject in the Reno housing market. The economy managed to slowly rebound from its huge downfall in the mid to late-2000s thanks in large part to its appeal for businesses in nearby Silicon Valley as well as other large corporations. However, their move into our area put a stranglehold on availability which builders are currently trying to catch up with. And we may not see relief in the Reno housing crunch until sometime in 2019. Reno Housing CrunchConstruction was big business for our community before the economic downturn of the last decade. That's why it took longer … (0 comments)
reno homes: Reno Rental Market: One of the Fastest Growing in the Country
- 04/17/17 12:47 PM
The state of the rental market varies depending on where you live. Places like Manhattan and the Bay Area that have the highest rents in the country experienced a drop in rental prices. However, the Reno rental market was among the top 10 fastest growing rental markets in the US. What does this mean for you? It might be a good time to consider buying. Reno Rental MarketAccording to RentCafe.com, the average two-bedroom apartment in the US costs $1391 per month. That marked a 3.3% increase from the same time last year. Out of the 250 cities considered in Rent Cafe's study, … (0 comments)
reno homes: Reno Home Prices Expected to Go Up in Spring
- 02/27/17 11:30 AM
The Reno real estate market is experiencing its lowest inventory in decades. That hasn't quelled Buyers' desire for a home, though. As a result, Reno home prices are expected to go up during the spring/summer months. Reno Home PricesAccording to the Reno-Sparks Association of REALTORS@, the 2016 Reno real estate market hit its highest median sale price in July ($317,600). The last half of the year dipped only slightly before it leveled off. This year's Reno home prices started off at just under 9% higher than January 2016. Buyers paid a median of $304,000 last month. Reno sales typically slow way down … (1 comments)
reno homes: Reno Food Banks Need Your Help for the Holidays
- 12/05/16 10:17 AM
Did you know that millions of American men, women and children go to bed hungry every night? According to FeedingAmerican.org, over 42 million US citizens experienced food insecurity in 2015. Every single county in the US reported families or individuals struggling with food insecurity. Reno food banks need your help this holiday season. Don't let another family suffer through the holidays. Demand for Help from Reno Food Banks is Always HighThe demand for food from local Reno food banks happens year round. During the holidays, people tend to be a little more giving. However, if at all possible, please consider donating whatever you … (0 comments)
reno homes: Reno Real Estate Market: Availability vs Affordability
- 05/16/16 04:45 AM
Home building in our Reno community has hit a record high in almost a decade. With the increase in new construction, this has brought home prices into question. Some Buyers are finding it harder and harder to get an affordable home. Low supply and high demand means higher prices for everyone. It's time to look at the Reno real estate market: availability vs affordability. Reno Real Estate Market: Availability vs AffordabilityNew Reno construction was at 26% for the first three months of this year, making it the biggest first quarter since 2007. Clearly, builders have a renewed confidence in the Reno real … (0 comments)
reno homes: March 2016 Reno Market Report Shows Rise in Home Values
- 04/11/16 05:05 AM
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 homes: Reno Goes International
- 11/15/14 07:48 AM
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 homes: UNR Ski Swap 2014
- 11/09/14 12:14 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 homes: Reno's Dragonfly Energy Hits the Big Time
- 11/03/14 03:55 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 homes: Tesla Talks Reno Jobs
- 10/27/14 03:30 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 homes: Sparks Pumpkinpalooza 2014
- 10/20/14 05:50 AM
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 homes: Reno Bites Restaurant Week 2014
- 10/13/14 04:40 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 homes: Reno Giving It the Old College Try
- 10/06/14 06:13 AM
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 homes: Tesla Move Means Big Business for Reno
- 09/15/14 04:02 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 homes: Reno Market Update - August 2014
- 09/08/14 03:28 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)
reno homes: Reno Senior Fest 2014
- 09/01/14 12:14 PM
The older we get, the weaker our immune systems become. For Reno senior citizens, this makes them more susceptible to things like the flu virus. You can avoid complications from the flu this fall and winter season by receiving free vaccinations at the Reno Senior Fest 2014. What: Reno Senior Fest 2014 Where: Reno Town Mall (S Virginia St & Peckham) When: Tuesday, September 2, 2014 9am to 2pm Cost: FREE Contact: Senior Spectrum Newspapers (775) 348-0717
The Reno Senior Fest 2014 is just the latest in a free annual health screening and vaccination program hosted by Senior Spectrum Newspapers. All Reno citizens aged … (0 comments)
reno homes: Reno Poised to Become the Next Silicon Valley
- 08/25/14 05:03 AM
Reno Poised to Become the Next Silicon Valley The Biggest Little City in the World has long been associated with cheap prime rib and gambling. In the past, it has been referred to as sort of the long lost cousin to the flashier sights and sounds of Las Vegas. City officials are working to make a change in what people think when they talk about Reno. They have been slowly but surely turning towards the high tech industry to help pull them out of the doldrums experienced with their economic down slope in 2009. Is Reno poised to become the next Silicon Valley? … (1 comments)
reno homes: Biggest Little Storefront in Reno Contest
- 08/18/14 02:39 AM
Biggest Little Storefront in Reno Contest In a continuing effort to build up the retail presence in downtown Reno, UNR's Krysta Jackson decided to create a contest where burgeoning business people could be given a helping hand. She wanted to encourage entrepreneurship in the downtown Reno area. After she saw how successful a similar idea was in Sacramento, she decided that the Biggest Little Storefront in Reno Contest was the perfect way to infuse new life into the downtown area.
The winner of the Biggest Little Storefront in Reno Contest will receive free retail space in downtown Reno. Right now, the winner would … (1 comments)
reno homes: Reno Craft Fair and Food Truck Rally 2014
- 08/11/14 02:24 AM
Reno Craft Fair and Food Truck Rally 2014 While the Aces are away, the Reno locals will play. Starting tomorrow, our local baseball team will be out on the road to take on the Round Rock Express and the New Orleans Zephyrs. That means the park itself will be empty. But not for long. The Reno Craft Fair and Food Truck Rally 2014 will be setting up shop at the Reno Aces Ballpark on Thursday, August 14th. What: Reno Craft Fair and Food Truck Rally 2014 Where: Reno Aces Ballpark When: Thursday, August 14, 2014 5pm to 8pm Contact: Brian Moss, Reno Aces (775) … (0 comments)
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The Reno housing market was THE hottest topic of 2017 here in the Truckee Meadows area of Nevada. Affordability and availability seem to be the hardest for buyers to come by. The following are the top five topics we covered about the Reno housing market over the last year.
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