Reno-Sparks Market Report October 2021 Market Report ** Data in this report reflect market activity from SEPTEMBER 2021 compared to the previous month and year.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).  Data accounts for single-family resale residences only, and excludes townhouses/condos, manufactured/modular and new construction. The […]
Reno-Sparks Market Report September 2021 Market Report ** Data in this report reflect market activity from AUGUST 2021 compared to the previous month and year.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).  Data accounts for single-family resale residences only, and excludes townhouses/condos, manufactured/modular and new construction. The […]
Weekend Warrior Weekend Warrior: Mid-August to Mid-September (2021)         Welcome to THE WEEKEND WARRIOR The Weekend Warrior is your guide for the best events happening around the Reno/Sparks/Lake Tahoe region! How awesome is it to get out an LIVE again!  The social event calendar appears to be back in full swing now, so find something that suites your fancy and go!  Here […]
Favorite Recipes Vietnamese Noodle Salad with Pork What You’ll Need: For the Pork: 1 lb. pork tenderloin  3 T. sugar  1 T. fish sauce  3 T. sesame oil, divided  1 T. soy sauce  2 tsp. ground black pepper  1 tsp. kosher salt  1 large clove garlic, minced For the Sauce: 1-1/2 c. water  1/4 c. rice vinegar  1-1/2 T. fish sauce  3 T. sugar  1 medium […]
In-The-Know Real Estate Blog Sellers: Make Today’s Home Price Appreciation Work for You Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading industry experts […]
In-The-Know Real Estate Blog Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new construction to an existing home.” However, it seems buyers are now shifting their preferences back to existing homes. The latest Consumer Confidence Survey reveals […]
In-The-Know Real Estate Blog Are Houses Less Affordable Than They Were in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens […]
Reno-Sparks Market Report August 2021 Market Report ** Data in this report reflect market activity from JULY 2021 compared to the previous month and year.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).  Data accounts for single-family resale residences only, and excludes townhouses/condos, manufactured/modular and new construction. The […]
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Weekend Warrior Weekend Warrior: Mid-July to Mid-August (2021)   Welcome to THE WEEKEND WARRIOR The Weekend Warrior is your guide for the best events happening around the Reno/Sparks/Lake Tahoe region! How awesome is it to get out an LIVE again!  The social event calendar appears to be back in full swing now, so find something that suites your fancy and go!  Here is a healthy […]
Reno-Sparks Market Report July 2021 Market Report ** Data in this report reflect market activity from JUNE 2021 compared to the previous month and year.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).  Data accounts for single-family resale residences only, and excludes townhouses/condos, manufactured/modular and new construction. The […]
In-The-Know Real Estate Blog What Do Experts See on the Horizon for the Second Half of the Year? As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does the forecast tell us about what’s on […]
In-The-Know Real Estate Blog Selling Your House? Make Sure You Price It Right. There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within17 days (compared to 26 days one year ago). The average home sold has five offers to pick […]
In-The-Know Real Estate Blog A Look at Home Price Appreciation Through 2025 Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. In […]
Weekend Warrior Weekend Warrior: Mid-June to Mid-July (2021) Welcome to THE WEEKEND WARRIOR The Weekend Warrior is your guide for the best events happening around the Reno/Sparks/Lake Tahoe region! Let me tell you… It feels GREAT to get out and DO again!!  The next several weeks are FULL of fun events and activities for us to flee our houses for a few hour and enjoy!  Here is a […]
In-The-Know Real Estate Blog Why You May Want To Cash in on Your Second Home When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of […]
In-The-Know Real Estate Blog In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price […]
Reno-Sparks Market Report June 2021 Market Report ** Data in this report reflect market activity from MAY 2021 compared to the previous month and year.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).  Data accounts for single-family resale residences only, and excludes townhouses/condos, manufactured/modular and new construction. May […]
In-The-Know Real Estate Blog Home Price Appreciation Is as Simple as Supply and Demand Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for […]
Weekend Warrior Weekend Warrior: Mid-May to Mid-June (2021) Welcome to THE WEEKEND WARRIOR The Weekend Warrior is your guide for the best events happening around the Reno/Sparks/Lake Tahoe region! After last month’s emergence from the social draught caused by the pandemic, we are really starting to get into the swing of things. We’re quite a long way from the thriving events calendar Northern Nevada is […]
In-The-Know Real Estate Blog Experts Say Home Prices Will Continue to Appreciate It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Dalrymple II […]