Weekend Warrior (Dec 5-8)

SANTA’S CHRISTMAS WONDERLAND
THROUGH DECEMBER 29

ELDORADO RESORT CASINO – ELDORADO SHOWROOM

The Christmas Season went into full gear Last weekend, transforming the Eldorado Showroom into Santa’s Christmas Wonderland.  According to USA Press, the production is a “dazzling holiday spectacular” and has been touted as the “the most-loved Christmas show of the season.”  Viewed by over 5 million people around the world, the outstanding production features glittering costumes, sensational sets, a dazzling cast and the highest kicking chorus dancers this side of the North Pole. Join Santa on his unforgettable and nostalgic Christmas journey, and get your tickets at EldoradoReno.com.

JUSTIN RIVERA
THURSDAY & SATURDAY, DECEMBER 5-7

PIONEER UNDERGROUND & LEX NIGHTCLUB

Justin Rivera is a nationally recognized, professional comedian and magician, who has appeared on many, worldwide stages and national television shows.  His unique blend of comedy and magic appeals to a wide range of audiences, both young and old.  A seasoned performer, Justin has performed before esteemed public venues such as the Improv, Comedy Store, and Laugh Factory.  This weekend, he graces the stages of the Pioneer Underground and LEX Nightclub, so pick a show and go.  Get tickets online at RenoTahoeComedy.com.

SPARKS HOMETOWNE CHRISTMAS
FRIDAY & SATURDAY, DECEMBER 6 & 7
DOWNTOWN SPARKS – VITORIAN AVE

Experience the annual holiday event that brings the community back year after year.  Sparks Hometowne Christmascelebrates Christmas traditions from around the world and will feature floats that represent those traditions.  The event begins Friday night (6:30-7 pm) with the Tree Lighting Ceremony.  Saturday morning, all are welcome to run or walk in the Ugly Sweater Run at Scheels/Marina.  Santa invites children to have their pictures taken with him at the Sparks Heritage Museum.  And the beloved Hometowne Christmas Parade lines the street of Victorian Square from 1-2:30 pm.  Learn more at CityOfSparks.us.

WINTER DREAMS MAGIC THEATRE CIRCUS
FRIDAY, DECEMBER 6 – SUNDAY,  & DECEMBER 22
UNDER THE BIGTOP TENT IN THE SHADOW OF THE ATLANTIS CASINO RESORT

Under the Big Top in the shadow of The Atlantis, Reno welcomes Winter Dreams Magic Theatre Circus.  Entertaining Reno for the first time this year, the extremely talented and breathtaking group of performers will dazzle us with their artistry, strength and skill.  Prepare to be amazed with magical disappearances, inspired with magnificent aerial dance, endeared by talented, tail-wagging friends, bewildered by physics defying contortionists, acrobats and jugglers and entertained by hilarious clowns.  It all takes place in the magical tent that surrounds. Don’t worry, the “techno-tent” dome is heated and seats 800.  Learn more and purchase tickets at MagicTheatreCircus.com.

WINTERFEST 
THROUGH DECEMBER 24
GREATER NEVADA FIELD – 250 EVANS AVE, DOWNTOWN RENO

Journey by train with your loved ones through the magical tunnels of Greater Nevada Field!  You’ll enjoy a joyful ride aboard the Holiday Express Train bound for The North Pole where you’ll deliver “The Naughty and Nice” list to Santa, and have the opportunity to take photos with the jolly, plump guy!  Round out your Winterfest experience by making a Christmas craft in Santa’s workshop, and taking in the beauty of the spectacular light display.  For more details about Winterfest, visit WinterfestReno.com.

DEJAN TYLER
FRIDAY, DECEMBER 6 (6 :30 pm)

LEX NIGHTCLUB

Dejan Tyler comes to Reno this weekend with his honest and refreshing sense of humor. Presenting comedy that flows naturally and with ease, the Sacramento native’s shows embrace diversity and appreciate the humor in everything and everybody.  Connecting with his audience that feels like it’s a part of the show, Dejan’s standup at LEX Nightclub will quite possibly leave you wanting more.  For tickets to his Happy Hour show at LEX, visit LEXNightClub.com.

 
SPIRIT OF THE SEASON
FRIDAY-SUNDAY, DECEMBER 6-8

PIONEER CENTER FOR THE PERFORMING ARTS

The Reno Philharmonic and conductor Jason Altieri bring back Spirit of the Season to the Pioneer, a classic holiday celebration to warm your heart.  Spectacular orchestral arrangements, choral and traditional singers, jazzy dancers, and Santa grace the stage during four magical performances this weekend.  Check out the promo video for what’s in store, and purchase tickets online at PioneerCenter.com.

RENO WINTER LIGHT FESTIVAL
SATURDAY, DECEMBER 7 – SATURDAY, DECEMBER 14

RENO CITY PLAZA – OUTSIDE OF HARRAH’S RENO

Downtown Reno shines over the next week, at the first ever Reno Winter Light FestivalReno City Plaza becomes a “human mapping playground” as the “Here You Are… Elsewhere” exhibit by Vous etes ici ailleurs, uniquely displays a projection of art pieces based on interactive maps, the play of lights and video, pictograms and geographical coordinates.  Three temporary public art pieces will also share space at the plaza. Cruise over to Wingfield Park and check out “Fish Out of Water” by Branden.  It’s Otto, the oversized goldfish, illuminated over the Truckee River.  Visit Reno.Gov for more info about the festival happenings beginning Dec 7.

MODEST MOUSE
SUNDAY, DECEMBER 8 (8 pm)

GRAND SIERRA RESORT – GRAND THEATRE

From Portland to Reno, the indie/alternative rock band that has grown in popularity steadily since its humble beginning a couple of decades ago, Modest Mouse takes the stage at the Grand Theatre.  With six solid studio albums under its belt, and the release songs like “Float On,” “Ocean Breathes Salty” and “The World At Large,” the band continues to evolve and grow its fan-based one album and concert at time.  Catch Modest Mouse live Sunday night and buy tickets at GrandSierraResort.com.

 
NORTHERN NIGHTS
THROUGH DECEMBER 31
INCLINE VILLAGE & CRYSTAL BAY, NV – VENUE VARIES BY EVENT

Enjoy the spirit of the holidays and the wonder of winter at Lake Tahoe all month long.  Running through New Year’s Eve, Incline Village and Crystal Bay offer several awesome events sprinkled throughout this magical month.  A Toccata Tahoe Symphony Orchestra performance, Tahoe Film Fest, A Rat Pack Christmas, Addams Family performances by Great Future Productions and brunch with Santa Claus…  All this and more at Northern Lights.  Visit NorthernLightsTahoe.com for all events and details.

TAHOE FILM FESTIVAL 5
DECEMBER 5-8
INCLINE VILLAGE, CRYSTAL BAY, NV & NORTHSTAR, CA

The 5th Annual Tahoe Film Festival takes place this weekend at the Incline Village Cinema, Crystal Bay Crown Room and NorthStar Cinema.  Embracing the respect for our environment and the protection of our beloved Lake Tahoe, the majority of the short films showing this weekend are environment-centric.  The event aims to educate our community and celebrate the efforts of maintaining the beauty of our pristine lake and surroundings.  Learn more and check out the schedule of film-showings at TahoeFilmFest.com.

 COMING SOON!!
A.V.A. BALLEY THEATRE presents THE NUTCRACKER
FRIDAY-SUNDAY, DECEMBER 13-15 (5 PERFORMANCES)
PIONEER CENTER for the PERFORMING ARTS

Break out the sugar plums and marzipan, and ALL your holiday traditions, and venture out to the Pioneer Center for the Performing Arts for a very special performance of The Nutcracker!  The talented choreographers and dancers of the AVA Ballet Theater combine with guest principal dancers and The Reno Philharmonic LIVE to bring this beautiful ballet to life on the Pioneer stage. And if you go, keep an eye out for my own beautiful ballerina, Katarina.  She will be performing as the Mechanical Doll, a Chinese Dancer and Waltz of the Flowers. 🙂 Get tickets online at PioneerCenter.com.
When you know you’ll be entertaining over the next month, and you want to make sure the wine you’re serving is the absolute best, I highly recommend pouring INTERCOASTAL VINEYARDS for the HOLIDAYS!  INTERCOASTAL is dedicated to producing amazing wine from the highest quality of hand-picked fruit.  Sustainably certified, they offer premium, award winning wines from Napa Valley, Lodi and Clarksburg.  There is not a single varietal that I have tried, that I don’t LOVE!  Visit INTERCOASTALWine.com to learn more about the company, the super wine club opportunity and to order your holiday wine today.  You’ll be so glad you did!
Ring in the New Year at 30 Tanea Court, in South Reno!!  If you want to make that dream your reality, you’ll need to go see it this weekend!  Located in South Reno off of Wedge Parkway, you’re a skip and a jump to Mt. Rose Ski Resort, now open for your fresh turns!  The home is close to Summit Shopping, the Raley’s Shopping Center, the library, park and more!  See for yourself Bit.ly/30TaneaRealScoutOffered for $529,500!  Contact me today for a showing appointment.
Ring in the New Year at 30 Tanea Court, in South Reno!!  If you want to make that dream your reality, you’ll need to go see it this weekend!  Located in South Reno off of Wedge Parkway, you’re a skip and a jump to Mt. Rose Ski Resort, now open for your fresh turns!  The home is close to Summit Shopping, the Raley’s Shopping Center, the library, park and more!  See for yourself Bit.ly/30TaneaRealScoutOffered for $529,500!  Contact me today for a showing appointment.
BUYERS ARE LOOKING…
Indeed… though the weather is beginning to rear its playful head, it does not seem to stop buyers from checking out the inventory and making a move on the home they love.  And while progress of construction can be impacted by winter, and the inventory for re-sale properties remains low, typical for the season, lower inventory means less competition, so now may be the perfect time to sell your home.  Email me today for your complimentary marketing appointment or call me at 775.233.0682.
Posted on December 5, 2019 at 12:06 am
Denise Hallerbach | Category: Weekend Warrior | Tagged , , ,

Weekend Warrior (Thanksgiving Weekend)

Thanksgiving is more than a massive meal, football games and the Macys Parade.  It’s a special time ponder the lessons we have learned, the happiness we can spread, the memories we have made, and the good people who have crossed our paths. Wishing you and the special people in your life a very Happy Thanksgiving!
SANTA’S CHRISTMAS WONDERLAND
THROUGH DECEMBER 29

ELDORADO RESORT CASINO – ELDORADO SHOWROOMThe Christmas Season kicks off this weekend as the Eldorado Showroom transforms into Santa’s Christmas Wonderland.  According to USA Press, the production is a “dazzling holiday spectacular” and has been touted as the “the most-loved Christmas show of the season.”  Viewed by over 5 million people around the world, the outstanding production features glittering costumes, sensational sets, a dazzling cast and the highest kicking chorus dancers this side of the North Pole. Join Santa on his unforgettable and nostalgic Christmas journey, and get your tickets at EldoradoReno.com.

WOBBLE BEFORE YOU GOOBLE & SCHEEL’S TURKEY TROT
THURSDAY, NOVEMBER 28
RENO CITY PLAZA & SCHEEL’S IN SPARKSIn anticipation of the massive influx of calories you expect to consume, you may want to place your bird in the care of your loving helpers, throw on your running attire, and head Downtown Reno or Scheel’s for the Gobble Before you Wobble 10k/5k/1mi or Scheel’s Turkey Trot 10k/2 mi.  Both events get you off the couch, pumping your blood and raising money for children who could use the help.  Register at DesertSkyAdventures.com and CityOfSparks.us.

CRAFTS FOR CHRISTMAS
FRI & SAT, NOV 29-30 (10 am-6 pm) & SUN, DEC 1 (10 am-3 pm)
NUGGET CASINO RESORT – CELEBRITY SHOWROOM
It’s a colossal shopping extravaganza this weekend at The Nugget’s Crafts for Christmas.  Find unique gift ideas from a wide variety of local artisans and specialty merchants. You’ll be amazed at the huge selection of one-of-a-kind crafts, jewelry, clothing, toys and more!  Kiddos are invited for a meet-and-greet with Old St. Nick each day between 11 am and 3 pm, and local groups will make special on-site performances.  For more information, including the schedule of events, visit NuggetCasinoResort.com.

A CHRISTMAS STORY, THE MUSICAL
FRI, NOV 29 (8 pm), SAT, NOV 30 (11 am, 3 pm & 8 pm), & SUN, DEC 1 (1 & 7 pm)
PIONEER CENTER FOR THE PERFORMING ARTS
It’s the old classic we know and love with a musical twist!  Ralphie shooting his eye out, Flick sticking his tongue to the frozen flag pole, the leg lamp,  pink bunny jammies… The memories will come flooding back to you while you enjoy A Christmas Story, The Musical at Pioneer Center for the Performing Arts this weekend.  Choose from one of six fantastic performances and purchase your tickets online at PioneerCenter.com, Tickets are also on sale the Pioneer Box Office (M-F 11 am to 6 pm and 2 hours before each showtime).

STEVE HYTNER
FRIDAY & SATURDAY, NOVEMBER 29 & 30

PIONEER UNDERGROUNDBest known for his character on Seinfield, Kenny Bania, Steve Hytner returns to Reno for a night of fun standup!  The American actor, originally from New York, has appeared in several TV shows, comedy shows and films.  Hytner headlines at Reno Tahoe Comedy’s Pioneer Underground for two shows only this weekend, so don’t miss him!  Go to RenoTahoeComedy.com for tickets.

 
THE HUMANS
FRIDAY, NOVEMBER 29-SUNDAY, DECEMBER 1

RENO LITTLE THEATREThis 2016 Tony award winning “Best Play” blends drama and humor, a “dramedy,” and tells the story of the Blake family’s Thanksgiving dinner, where the heart and horrors of the fractured family are exposed. The New York Times describes it as “[A] blisteringly funny, bruisingly sad and altogether wonderful play.”  The small cast of six will perform The Humans at Reno Little Theatre for only two more weekends.  For more info and online tickets sales, please visit RenoLittleTheatre.com.

JUSTIN RIVERA
FRIDAY & SATURDAY, NOVEMBER 29 & 30

PIONEER UNDERGROUND & LEX NIGHTCLUBJustin Rivera is a nationally recognized, professional comedian and magician, who has appeared on many, worldwide stages and national television shows.  His unique blend of comedy and magic appeals to a wide range of audiences, both young and old.  A seasoned performer, Justin has performed before esteemed public venues such as the Improv, Comedy Store, and Laugh Factory.  This weekend, he graces the stages of the Pioneer Underground and LEX Nightclub, so pick a show and go.  Get tickets online at RenoTahoeComedy.com.

THIRD EYE BLIND
SATURDAY, NOVEMBER 30 (8 pm)

GRAND SIERRA RESORT – GRAND THEATREI’m not sure about you, but every time I hear Third Eye Blind, I’m taken straight back to a particular place and time, the late 90’s while I was living in San Diego.  How about you?  Remember “Semi-Charmed Kind of Life,” “How’s It Going to Be,” “Never Let You Go” and “Jumper?”  Take a step back in time this Saturday night when Third Eye Blind entertains Reno.  Learn more about the band that formed out of San Francisco, and get tickets online at GrandSierraResort.com.

GARY ALLAN
SATURDAY, NOVEMBER 30 (8 pm)
THE ATLANTIS CASINO RESORT SPAOver the last 20+ years, Gary Allan has earned the love and support of his fans with his “smoldering vocals, rebellious lyrics and raucous live performances.”  His unique, country vocals have earned him 9 albums releases, over 7 million albums sold, and 26 singles on the U.S. Billboard Hot Country Songs and Country Airplay charts.  “Every Storm (Runs Out of Rain),” “Best I Ever Had” and “Watching Airplanes” top Allen’s list of #1 country hits.  Learn more about Gary Allen and purchase tickets before the show at AtlantisCasino.com.

 
RODNEY CARRINGTON
FRIDAY, NOVEMBER 29 (7:30 pm)

ELDORADO – GRAND EXPOSITION HALLRodney Carrington returns to Reno after several consecutive years with some of the funniest comedy in the country. He’s an entertaining genius, combining super hilarious standup, great acting and original country music. I just got to watching one of his videos and couldn’t stop watching. However, I couldn’t find any videos that were suitable for my audience… just a tad too dirty for a lot of folks out there.  So if you’re curious about Carrington’s comedic style, just Google his videos!  Purchase your tickets to see him live at SilverLegacyReno.com.

 
NORTHERN NIGHTS
DECEMBER 1 – DECEMBER 31
INCLINE VILLAGE & CRYSTAL BAY, NV – VENUE VARIES BY EVENT
Enjoy the spirit of the holidays and the wonder of winter at Lake Tahoe all month long.  Beginning December 1 and running through New Year’s Eve, Incline Village and Crystal Bay come to life with several awesome events sprinkled throughout.  Live musical performances of multiple genres, Tahoe Film Fest, Diamond Peak Ski Resort’s season kick-off, A Rat Pack Christmas, Addams Family performances by Great Future Productions and brunch with Santa Claus…  All this and more at Northern Lights.  Visit NorthernLightsTahoe.com for all events and details.

7 REASONS TO LIST YOUR HOUSE THIS HOLIDAY SEASON
Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unwrap the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.  Visit DeniseHallerbach.com/Blog for all 7 great reasons!
Posted on December 3, 2019 at 8:16 pm
Denise Hallerbach | Category: Weekend Warrior | Tagged , ,

7 Reasons to List Your House This Holiday Season

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.

Here are Seven Great Reasons Not to Wait:

1.    Relocation buyers are out there now. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible.

2.    Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.

3.    You can restrict the showings on your home to days and times that are most convenient for you. You will remain in control.

4.    Homes show better when decorated for the holidays.

5.    There is minimal competition for you as a seller right now. Over the past few months and year-over-year, we’ve seen the supply of homes for sale decreasing.

6.    The desire to own a home doesn’t stop during the holidays. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching, and your home may be the answer.

7.    Late fall and early winter make up the “sweet spot” for sellers. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights in 2020, which will lessen the demand for your house next year.

Posted on November 26, 2019 at 6:22 am
Denise Hallerbach | Category: Real Estate News | Tagged , ,

Salami, Pepperoncini, Cream Cheese Bites

What You Need:

  • Your favorite thinly sliced salami
  • Whipped cream cheese
  • Pepperoncini Peppers or Wax Pepper (Bruno’s, if you can find them)
  • Toothpicks
  • Assorted olives, if desired

What To Do:

  • Working in batches about about a dozen, lay out salami slices, spread desired amount of cream cheese along the center, place a pepper in the middle, roll and poke a toothpick through the center.
  • Place in a decorative patter on a place and garnish with an assortment of olives.
Posted on November 21, 2019 at 6:38 am
Denise Hallerbach | Category: Favorite Recipes | Tagged , , ,

Weekend Warrior (Nov 14-17)

JORDAN ROCK
THURSDAY-SATURDAY, NOVEMBER 14-16

PIONEER UNDERGROUND & LEX NIGHTCLUB

Bring on the laughs with Reno Tahoe Comedy Club and Jordan Rock, headliner at the Pioneer Underground and LEX Nightclub this weekend.  The younger brother of Chris Rock is best known for his three seasons on Judd Apatow’s Netflix series “Love,” and aims for “authentic entertainment.” Get a sense for his humor in the video of CHris talking about suffering through some “Horrific Dates on Tinder.”  Learn more about Jordan Rock and purchase tickets in advance at RenoTahoeComedy.com.

SNAILS: WORLD OF SLIME TOUR
THURSDAY, NOVEMBER 14 (8 pm)
WHITNEY PEAK HOTEL – CARGO CONCERT HALL

Oh, Dear…. Straight from Wikiipedia… “The Snails is an American rock band with touches of post-punk, ska and reggae, based in Baltimore, Maryland. It is currently composed of Sandy Snailbelow, Snailliam, Sammy Snail (also known as Snamuel or Snammy), Snailburne, Snailbraham, Snailrell and Snailpril.  As snails, they live in a Shoebox, where they like to play basketball.”  Too funny!  If you’ve been looking for a fun concert where to dance is not a choice. It will just happen.  Listen to “King Is Back” and get your tickets to see Snails at EventBrite.com or in the Whitney Peak Hotel lobby.

REEL ROCK 14
FRIDAY, NOVEMBER 15 (6-10 pm)
WHITNEY PEAK HOTEL – CARGO CONCERT HALL

You’ll be on the edge of your seat at REEL ROCK 14, showing Friday night at Whitney Peak’s Cargo Concert Hall.  Since 2005, REEL ROCK has grown into the premiere global platform for award-winning climbing films that weave bold action, humor, heart, and soul into larger-than-life human stories for a wide audience.  The event that takes place in over 500 locations in 40 countries brings climbing’s biggest stars and historic moments and makes you feel like you’re hanging off the very cliffs with these courageous athletes.  Purchase tickets online at EventBrite.com or in the Whitney Peak Lobby (no processing fees).

 
THE HUMANS
FRIDAY, NOVEMBER 15 – SUNDAY, DECEMBER 1

RENO LITTLE THEATRE

This 2016 Tony award winning “Best Play” blends drama and humor, a “dramedy,” and tells the story of the Blake family’s Thanksgiving dinner, where the heart and horrors of the fractured family are exposed. The New York Times describes it as “[A] blisteringly funny, bruisingly sad and altogether wonderful play.”  The small cast of six will perform The Humans at Reno Little Theatre this Friday-Sunday and through Thanksgiving weekend Thursdays through Sundays.  For more info and online tickets sales, please visit RenoLittleTheatre.com.

BERT KREISCHER: BODY SHOTS WORLD TOUR
FRIDAY, NOVEMBER 15 (9 pm)

GRAND SIERRA RESORT – GRAND THEATRE

Back in the day, comedian Bert Kreischer was named by Rolling Stone as “The Top Partier at the Number One Party School in the Country,” Florida State University.  Now THAT’s an accolade to put on your resumé!  As seen in the photo above, he is known for doing standup while unabashedly exposing his belly to his audience.  The shirtless comedian hosts the reality TV show Hurt Bert on FX, and Bert the Conqueror and Trip Flip on Travel Channel.  Check “My Body” standup by Kreischer about 8 years ago, and get your tickets to see him live in Reno at GrandSierraResort.com.

WINTER IN WONDERLAND STEAMPUNK EXPO & BALL
SATURDAY & SUNDAY, NOVEMBER 16-17

WILBUR D. MAY CENTER & RANCH HOUSE

Do you take interest in a past that never was and a future that may have been?  The genre is Steampunk, and you’re invited to Winter in Wonderland hosted by High Desert Steam, Northern Nevada’s Reno-based Steampunk group.  Explore the 2-day expo and ball filled with workshops, panels, music, dancing, authors, actors, art, vendors and more.  Check out the schedule of happenings and buy your tickets at HighDesertSteam.com.

DOWNTOWN RENO WINE WALK
SATURDAY, NOVEMBER 16 (2-5 pm)

RENO RIVERWALK DISTRICT – DOWNTOWN RENO

Talk the talk and walk the walk at the Downtown Reno Wine Walk!  It’s the popular monthly “wine crawl,” if you will, where participants check in at one of 9 Riverwalk Merchant locations and shop downtown businesses while sipping tasters of vino.  Wine walkers will present an ID proving they of legal age to drink (driver’s license), whip out a Jackson (20 bucks), grab a map (ticket), a wristband, a wine glass and a partridge in a pear tree, and hit the town. Visit at least 5 venues, fill out the back of the map, return to your host location, and enter that bad boy into a raffle drawing.  It’s loads of fun, so get out on this beautiful fall Saturday and enjoy!  Visit RenoRiverWalk.org for more details and a list of venues.

ATREYU & WHITECHAPEL
SATURDAY, NOVEMBER 16 (6-11 pm)
WHITNEY PEAK HOTEL – CARGO CONCERT HALL

Grab your earplugs and head downtown to Cargo Concert Hall for some brutal, head-banger, metal-core and death-metal music.  The volume with be turned up, way up, when Atreyu and Whitechapel take the stage with hard-hitting beats, scorching-hot guitars and insanely powerful vocals. Listen to “Becoming a Bull” by Atreyu and marvel at how the lead singer of Whitechapel even has a voice left after a single song like “The Saw Is The Law.” Holy mackerel! I’m not even joking about bringing the ear protection.  Tickets to this concert may be purchased in the lobby at Whitney Peak Hotel or online at EventBrite.com.

 
HAPPENINGS & EXHIBITS @ NEVADA MUSEUM OF ART
ALL WEEKEND

NEVADA MUSEUM OF ART

If you’re more inclined to spend the day in a quiet, relaxed environment, you might consider visiting the Nevada Museum of Art this weekend. With revolving exhibits and events, you’ll be sure to find something interesting to do.  Here is a quick look at what’s happening this weekend:
Thurs, Nov 14 (5-6 pm) & Sat/Sun (1-2) Guided Tour with a Docent
Fri, Nov 15 (6-7 pm) John Banovich on King of Beasts: A Study of the African Lion
Sat, Nov 16 (11 am-12:30 pm) Great Firearms: A Historical Perspective
Sun, Nov 17 (10 am-2 pm) Sunday Music Brunch with Tyler Stafford

 
HOLIDAY STYLING
THE SOONER THE BETTER

YOUR HOME (THAT WILL BE AMAZING THIS HOLIDAY SEASON!)

Do you want to go “all out” this holiday season, and deck your halls with something spectacular, but don’t have the time or creativity to do it yourself?  Great news… You don’t need to take on the assignment alone.  With the help of the very talented design expert, Marie Skinner, your home will shine through the holidays.  Marie, at Mint Design, offers the following services:

Event Planning
Christmas Tree Adornment
Custom Wreaths
Holiday Table Setting
Interior Styling and Staging
Exterior Decor
Book your free consultation today!  Call Marie at ‭(530) 906-8004‬ or email her now.
HANDMADE FOR THE HOLIDAYS CRAFT SHOW
SATURDAY, NOVEMBER 16 (10 am-4 pm) & SUNDAY, NOVEMBER 17 (10 am-3 pm)

RED HAWK GOLF & RESORT EVENT CENTER – 6600 N. Wingfield Pkwy, Sparks

Need to pick up some new pretties for your own house, or gifts for your besties?  Drop by the “Handmade for the Holidays” Craft Show happening Saturday and Sunday at Red Hawk Golf & Resort.  With over 40 local crafters, artisans and businesses offering a wide assortment of handmade goodies, there’s a little something for everyone on your shopping list.  For more info, please visit the Handmade for the Holidays Facebook Page.

Typical fall slow-down happening right now, but sales are steady and the median sales price is holding steady in Reno-Sparks Real Estate.  The November 2019 Market Report is out, and posted at DeniseHallerbach.com.
Posted on November 14, 2019 at 2:47 pm
Denise Hallerbach | Category: Weekend Warrior | Tagged , , ,

November 2019 Market Report

 

** Data in this report reflect market activity from October 2019 compared to September 2019 and October 2019 compared to October 2018.  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 and new construction.

  • October 2019 Median Sales Price for single-family re-sale properties in Reno-Sparks (excluding condominiums/townhouses) rose slightly by 1.3% from September 2019 to October 2019 ($395,000 to $399,995).  The Median Sales Price is up about 4% from this same time last year.

  • # of Units Sold single-family residences dipped from 573 to 546 (-4.7%) from September to October 2019.  However, unit sales were up about 16.7% from the same time last year.

  • Average # Days to Contract has risen sharply, both from September to October 2019 and from the same time last year.

  • The market saw a minor decrease in the Average Sold $/Sqft, dropping just 1.5% from September to October 2019, and a mini increase of 1.2% from October of last year.

CONCLUSIONS:

  • The above statistics are extremely consistent with typical market trends this time of year.
  • Though the unit sales are down from the previous month, they were significantly more sold this year compared to last year.
  • Average $/square foot sold is holding fairly steady at $223/sqft.
  • Data for inventory and property status is missing from RSAR reports this month and will be updated when available.
  • Each neighborhood/area in Northern Nevada Regional MLS has its own micro-market.  For specific information about YOUR neighborhood, contact me at 775.233.0682 or email me at     dhallerbach@intero.com.
Posted on November 14, 2019 at 4:11 am
Denise Hallerbach | Category: Reno-Sparks Market Report | Tagged , , ,

Talk of Recession… Ok to Invest in Real Estate?

The following post was written by Julien Leclair-Dionne, Forbes Councils Member, on Oct. 25, 2019 (Forbes.com)  Julien LeClair-Dionne is a successful real estate investor, coach, broker and founder of HomeFluent, a technology-driven real estate company.

 

One of the questions I’ve been receiving the most often over the last year is, “Is now a good time to invest in real estate with all this talk of recession and housing downturn? Not to mention the market crashing and the real estate bubble busting!”

With everything happening in the world right now, from trade wars to Brexit and everything in between, it’s no wonder that investors and potential homebuyers are worried and want to avoid making a costly mistake more than ever.

What’s even more frustrating is that no one seems to agree or give a straight answer. Will there actually be a recession or not? Are we on the brink of a recession or a few years in waiting? Will it be short in duration or a long-term dilemma? Will it be a vast or a minor one? And more importantly, will it make real estate prices drop or not?

So, what should you do?

The first thing to realize is that a recession is always coming. Anyone who owns their home or invests in rental properties will weather any number of recessions over many years. For the past four years, I have been frequently hearing that the sky will fall and that the market could crash at any moment. This could have easily paralyzed me and stopped me from investing. However, it also would have stopped me and dozens of other investors from realizing the amazing gains that are entirely tangible over this period.

There are opportunities and deals to be had in every market. Successful investors who know how to work a recession never sit on the sidelines, but rather know how to recognize those opportunities.

How could this next recession impact you?

When I talk to people about their fear of a recession, what they’re most concerned about is for real estate prices to drop as significantly as they did in 2008. Canadian investors in particular are expressing concern about seeing more price drops, as was recently experienced in Vancouver.

In my opinion, that’s unlikely to happen. In 2008, real estate prices dropped significantly not as a result of the recession, but because the housing collapse is what caused the recession in the first place. Real estate performed relatively well in prior recessions.

In addition, market statistics are usually comprised of the entire country or an entire province or state. But when investing in real estate, investors are only concerned about what happens in a specific city, to a specific property type, in a specific neighborhood. In other words, when in a recession, not every property gets impacted equally. So, when investing in rental properties, a drop in property value usually does not have a big impact on rental rates.

Also consider where else you may be investing your money if you decide that investing in real estate might be too risky. Investing in the stock market is often riskier, with a much lower payoff. Keeping the money in a checking account won’t protect it against inflation. Buying low-risk mutual funds and bonds might be a good strategy for some of your portfolio, but it could make you miss out on big opportunities. Since no one knows when a recession will be coming with certainty, you must make smart decisions while considering the impact they will have. While precise market timing may be impossible, there are a few ways you can prepare.

Nine Ways To Beat The Recession

Here are nine strategies and things to remember to help investors win in the next recession:

1. Fundamentals are always important. You’ve probably heard that investors make money when buying, not when selling, the property, and that’s especially important when there’s economic uncertainty. A great deal at the top of the market cycle will protect your investment if and when a market correction happens.

2. Having goals and a long-term strategy will help you weather multiple recessions and reduce your risk significantly. Focus on the bigger picture.

3. In real estate, cash flow is king. A property that cash flows today is likely to cash flow during a recession. Even if on paper the value of your investment properties drops, if they cash flow positively, you’ll emerge from the recession a happy investor.

4. Buy quality properties in high-demand areas. I don’t believe in recession-proof properties, but good properties in great locations will do better in a potential market downturn.

5. Always analyze properties, and only buy at prices that make sense.

6. Keep healthy cash reserves and don’t over-leverage yourself.

7. Don’t panic and sell at the bottom of the market. Even if prices drop, they will recover. Economic cycles make property values go up and down, but over time, real estate historically always goes up.

8. Make a recession an opportunity. It may be possible to score a great deal on an investment property.

9. Always be ready. Opportunity can knock at any moment!

So, is it a bad time to invest in real estate?

If you buy the right property, at the right price, in the right area, I believe your investment will perform very well — even when a recession strikes. Because it will strike, but you will be expecting it. And you will be ready.

Posted on November 7, 2019 at 1:42 am
Denise Hallerbach | Category: Real Estate News | Tagged ,

Weekend Warrior (Oct 31-Nov 3)

HAUNTOBER – FRIGHT NIGHT – GHOST WALK – INVESTIGATION
THURSDAY, OCTOBER 31 (beginning at 6 pm)
VIRGINIA CITY, NEVADA

This is it!  It’s the night of fright you’ve been anticipating.  It all comes together for one entertaining evening at Piper’s Opera House, when Cordillera International Film Festival hosts Fright Night!  This reportedly haunted venue is the perfect spooky spot to enjoy a bag of popcorn, a goblet of vino and some super creepy short films.  Looking for a more hair-raising experience?  Perhaps a ghost walk and investigation of six epic locations in Virginia City gets you excited.  Small groups of 5-8 will be led through the night until sun-up.  Visit ParanormalNV.com for more details and tickets.

SLAUGHTERHOUSE
THURSDAY-SATURDAY, OCTOBER 31-NOVEMBER 3
GREATER NEVADA FIELD

Not indented for the faint of heart or those with a full bladder, Slaughterhouse, AKA Fright Fest,mayrequire a change of clothing at the end of it all. The ghastly characters within the catacombs of Greater Nevada Field are guaranteed to induce panic and perhaps a scream or two.  For younger visitors, or those wishing not to soil themselves, Fright Fest also offers a Laughter House attraction, suitable for all ages.  Learn more about both venues at RenoFrightFest.com.

MICHAEL PALASCAK
THURSDAY-SATURDAY, OCTOBER 31-NOVEMBER 2

PIONEER UNDERGROUND & LEX NIGHTCLUB

If you want great comedy this weekend, you lucked out!  Reno is so honored to welcome the man named the 2018 Stand-up of the Year by the Late Nite Last Week podcast for his Performance on The Late Late Show with James Corden. Yes, Michael Palascak is not only a super likable guys, but he is damn funny.  Having performed on the stages of all the major late night shows, he is clean, original and very funny, particularly with his spot-on delivery.  Learn about showtimes and purchase tickets online at RenoTahoeComedy.com.

WARREN MILLER’S PRESENTS “TIMELESS”
FRIDAY, NOVEMBER 1 (6:30-10 pm)
RENO BALLROOM

Snow-riding lovers exuberantly gather at film showings around our beautiful planet for Warren Miller’s exciting 70th production, “Timeless.”  Indeed, Warren Miller’s recognizable voice first permeated the sound waves and narrated the first film, “Deep and Light” back in 1950.  Though the epic voice of the late Warren Miller no longer narrates these heart-pumping snow movies, his spirit lives on through every fearless athlete who graces the screen today.  Fresh cuts through pow pow, steep descents ripping gnarly chutes and jagged cliffs, exotic back country locations and the world’s finest resort destinations. Warren Miller Productions has it all!  For tickets to enjoy “Timeless” at the Reno Ballroom Friday night, visit EventBrite.com.

TERRY FATOR
FRIDAY, NOVEMBER 1 (8 pm)

NUGGET CASINO RESORT – NUGGET BALLROOM 

The success story of acclaimed comic Terry Fator is one worth reading. From entertaining children at birthday parties and oddball venues for 25 years, to being crowned the champ of the 2nd season of “America’s Got Talent” in 2007, to landing “one of the largest entertainment deals in Las Vegas history” at The Mirage Hotel and Casino, Fator has experienced the gamut of success.  He returns to Reno-Sparks with his 15 fuzzy friends for an evening of fun ventriloquism, impressionism, stand-up comedy and singing.  Don’t miss him at the Nugget Friday night.  Get your tickets and learn more about Terry Fator at NuggetCasinoResort.com.

MIDLAND
SATURDAY, NOVEMBER 2 (8 pm)

SILVER LEGACY RESORT CASINO – GRANDE EXPOSITION HALL

Midland hasn’t been around long, but the young country band is making a big impression on country music lovers across the US.  Since launching their career in 2016, the trio out of Dripping Springs, Texas gained rapid recognition and a huge fan based from chart topper “Drinkin’ Problem,” receiving three GRAMMY nominations in 2018 for that song alone. “Burn Out,” also found on the “On The Rocks” studio album, is a crowd pleaser at Midland’s live concerts.  Learn more about Midland and purchase tickets to see them live at SilverLegacyReno.com.

JIM GAFFIGAN
SATURDAY, NOVEMBER 2 (8 pm)

GRAND SIERRA RESORT – GRAND THEATRE

Wow!  Another “clean” comedian hits the stage in Reno this weekend!!  Jim Gaffigan is an American stand-up comedian, actor, writer, and producer who, with his loving wife, is raising 5 children.  Until 2015, they were all living in a two-bedroom apartment in NYC, which sounds like the perfect source for great comedic content.  Gaffigan’s material is often about fatherhood, observations, laziness, and food. Get to know Jim at GrandSierraResort.com and don’t miss him live on Saturday.  Click HERE for a little clip of one of his performances about camping, waking up and bacon.

JIM GAFFIGAN
SATURDAY, NOVEMBER 2 (8 pm)

GRAND SIERRA RESORT – GRAND THEATRE

Wow!  Another “clean” comedian hits the stage in Reno this weekend!!  Jim Gaffigan is an American stand-up comedian, actor, writer, and producer who, with his loving wife, is raising 5 children.  Until 2015, they were all living in a two-bedroom apartment in NYC, which sounds like the perfect source for great comedic content.  Gaffigan’s material is often about fatherhood, observations, laziness, and food. Get to know Jim at GrandSierraResort.com and don’t miss him live on Saturday.  Click HERE for a little clip of one of his performances about camping, waking up and bacon.

GRAMATIK-RE:COIL TOUR PT. II
SATURDAY, NOVEMBER 2 (7 pm)
WHITNEY PEAK HOTEL – CARGO CONCERT HALL

Hip hop, electronica, trip hop…  I’m familiar with the first, but had limited knowledge of exactly what the second and third really are.  Have a listen to “Future Crypo” to get a solid example of what Slovenian music producer Denis Jašarević, better known as Gramatik,puts into the universe. It’s a great vibe to get up and groove to.  The concert is 18+ with valid ID at the door.  Purchase admission tickets at EventBrite.com.

MIJARES
SUNDAY, NOVEMBER 3 (8 am)

GRAND SIERRA RESORT – GRAND THEATRE

The magic of Latin pop star Manuel Mijares fills GSR’s Grand Theatre, one beautifully-belted ballad at a time. The international sensation from Mexico City started signing in his elementary school choir, then debuted professionally at a local festival at the age of 23.  A few years later, he joined Latin pop star Emmanuel and launched his solo career with the release of his first recorded hit song, ““No Se Murió el Amor.” The rest is history, and Mijares now has over 1 dozen solo studio albums and ten compilations.  Get swept off your feet this Sunday at the GRS by purchasing tickets at GrandSierraResort.com.

FEATURED RECIPE
HOMEMADE CRANBERRY SAUCE

It doesn’t have to be Thanksgiving to enjoy fresh Homemade Cranberry Sauce!  Lately, I’ve been making Turkey Meatloaf with thyme, rosemary and sage, and serving a dollop of cranberry sauce atop it… to die for.  Add it to your turkey panini… Mmmmm.  Try it out this weekend, and I assure that you’ll be serving it on Turkey Day this year!  Get the recipe at DeniseHallerbach.com.
$1,000 BONUS TO BUYER’S REALTOR/BROKER…
BUYERS… Let your Realtor know that he or she will earn a $1,000 bonus if we receive an acceptable offer for beautiful 1460 Manzanita Lane by November 15!  This fabulous home is nestled on a mature property, and is loaded with character.  Just a few minutes from Starbucks, Trader Joe’s, Whole Foods, Reno-Tahoe International Airport, Downtown and Midtown, you’ll find that this one is adorable, the location is prime, and the sellers are MOTIVATED!!  The lush property features a tasteful abundance of trees, shrubs, grass, gardens, flowers, a refreshing pool, and has option for geothermal energy.  Multiple patios and a BBQ zone make outdoor entertaining a joy!  To learn more and see pictures of the interior, please visit Bit.ly/1460ManzanitaRealScout.  Feel free to share with all who may be interested! 🙂
ONE CONVENIENT LOCATION!  If you like the idea of being in a super location close to Summit Shopping, Raley’s, the library, park, skiing, hiking and views of Mt. Rose, then 30 Tanea Court, Reno could very well be the home for you!  The 2,698 square foot, 4 bedroom/3 bathroom home sits on 1/3 acre and enjoys views of Mount Rose and the Virginia Range.  Now offered for $548,500.  Call me for an appointment today…  Visit Bit.ly/30TaneaRealScout for more pics and details.
Posted on October 31, 2019 at 1:48 pm
Denise Hallerbach | Category: Weekend Warrior | Tagged , , ,

Weekend Warrior (Oct 24-27)

VISIT A PUMPKIN PATCH AND/OR CORN MAZE
ALL OF OCTOBER
VARIOUS LOCATIONS

Enjoy the fresh outdoors and the splendor of fall with the littles in your life with a Visit to the Pumpkin Patch and/or Corn Maze!  The harvest is abundant and Reno-Sparks has a few great family-farm options, each with a different twist.  NewToReno.com conveniently provides a comprehensive list of pumpkin patches and corn mazes that are open to the public, so check out the website and pick the one that’s best for you and your family.

HAUNTOBER
ALL OF OCTOBER
VIRGINIA CITY, NEVADA

When it comes to spooky experiences during the entire month of October, historic Virginia City is overflowing!  Hair-raising ghost tours lead curious visitors through the most paranormal sites of this old mining town.  A stroll though the cemetery at dusk on Halloween night would be enough to induce nightmares for me, no doubt.  Not-so-spooky activities for kiddos include a day out with Thomas the Tank Engine and a V&T Railroad Pumpkin Patch Train Ride.  For a complete list of details and events happening through the remainder of the month, and specifically this weekend, hop online at VisitVirginiaCityNV.com.

SLAUGHTERHOUSE AND KINGDOM OF HORRORS
THURSDAY-SATURDAY, OCTOBER 17-19
GREATER NEVADA FIELD & KINGDOM OF HORRORS

As I’ve mentioned in the past, I caution you to not enter these horror attractions unless your bladder is empty.  Indeed, due to the intensity of the fright experienced at Slaughterhouse, AKA Fright Fest,or Kingdom of Horrors, you may require a change of clothing at the end of it all.  Looking for something a little more on the “tame” side?  For younger visitors, or those wishing not to soil themselves, Fright Fest offers a Laughter House attraction, suitable for all ages.  Learn more about both venues at RenoFrightFest.com and Facebook.com/KingdomOfHorrors.

MARK CHRISTOPHER LAWRENCE
THURSDAY-SATURDAY, OCTOBER 24-26

PIONEER UNDERGROUND & LEX NIGHTCLUB

Welcome to Reno actor, comedian, and voiceover artist Mark Christopher Lawrence!  Best known for his role as Big Mike on the NBC series Chuck, this likable entertainer has also appeared in several other films and TV sitcoms including Seinfeld, Malcolm in the MiddleCrossing Jordon, Touched by an Angel and more.  Click HERE for a fun clip of him talking about “How to Name Your Kids.”  Catch him live at LEX Nightclub or Pioneer Underground at one of his 3 performances this weekend.  Tickets are on sale at RenoTahoeComedy.com.

COMMON KINGS
FRIDAY, OCTOBER 25 (7:30 pm)

WHITNEY PEAK – CARGO CONCERT HALL

Take in an evening of easy-listening reggae music with Common Kings at Cargo Concert Hall Friday night!  The four-man band from Orange County has been busy since 2013 producing five studio albums.  Common Kings’ 2017 EP Album, Lost in Paradise, received a GRAMMY nomination for “Best Reggae Album” category and topped the Billboard Reggae Albums chart. They followed up in 2018 with the album One Day reaching number 2 on the chart.  Don’t miss your chance to see Common Kings live in Reno!  Click HERE for their video of “Wade in Your Water,” and purchase tickets to see them live at EventBrite.com.

LOS TEMERARIOS
FRIDAY, OCTOBER 25 (9 pm)

GRAND SIERRA RESORT – GRAND THEATRE

Los Temerarios have made a name for themselves over the better part of four decades, cranking out 35 studio albums, and winning the Latin GRAMMY Award for “Best Grupero Album” at the very first Latin GRAMMY Awards in 2000.  Led by brothers Adolfo Angel and Gustavo Angel, the band hails from Fresnillo, Mexico and has produced fan-favorites like “Todo Me Recuerda A Ti,” “Derrotado y Sin Cariño” and “Quise Olvidarme de Ti.”  For tickets to see Los Temerarios live, visit GrandSierraResort.com.

ADULT HALLOWEEN SOIRÉES
SATURDAY, OCTOBER 26

LOCATIONS VARY

If you’re new to Reno, you will learn very quickly, that this town likes to get dressed up!  Pleasurable pub crawls, fancy fundraisers, private parties, and of course, Adult Halloween Soirées top the list of reasons to dive into your costume collection, bust out one’s alter-ego and hit the town.  Check out the list of costume-donning opportunities this weekend:

RENO ZOMBIE CRAWL & MASS THRILLER DANCE UNDER THE ARCH
SATURDAY, OCTOBER 26 (8 pm – 4 pm)
DOWNTOWN RENO

Join the walking dead by becoming one of them this Saturday night at Reno Zombie Crawl.  Named by USA Today as one of the “Top 10 Costumed Halloween Parties” in nation, this mass corpse gathering is a people-watching frenzy that leads you on a tour of 38 participating bars with free cover charge when you present your crawl cup. Post-mortum crawlers enjoy drink specials with no last call and room discounts at local hotels.  For more details about the creepy crawl and the enormous group Thriller Dance Under the Arch, visit CrawlReno.com.

2019 NEVADA HERITAGE CELEBRATION & PARADE
SATURDAY, OCTOBER 26 (7 am-4 pm)
CARSON CITY, NEVADA

It’s that time of year!  We turn our attention to our Capitol, Carson City, where for the last 81 years, our community has faithfully celebrated its admission into statehood on October 31, 1864.  Yes, Nevada has officially been a state for 155 years now, and this Saturday, we salute our past and look ahead to our future.  Nevada’s Heritage Celebration begins with a pancake breakfast, and continues with a hot air balloon launch, a fun run/walk, the traditional Nevada Day Parade and Beard Contest, and tours of the Governor’s Mansion.  Learn more about the history and offerings of this great annual event at NevadaDay.com.

TENACIOUS D
SATURDAY, OCTOBER 26 (8 pm)
GRAND SIERRA RESORT – GRAND THEATRE

When your mission is to “rebel against the serious singer-songwriter mentality” your musical style will naturally be anything but ordinary… an pretty darn funny too.  Indeed, Kyle Gass and Jack Black formed Tenacious D 15 years ago, and have been producing side-splitting comedy rock music ever since.  The hilarious duo’s songs evoke heavy metal clichés of bands like Iron Maiden and Judas Priest and poke fun at mainstream music in general.  Check out this video of “Wonderboy,” a superb example of Tenacious D’s work and talent.  Learn more about the band and get your tickets to see them live at GrandSierraResort.com.

DIRTY WOOKIE 10k RUN
SUNDAY, OCTOBER 27 (9 am)

BEGINS @ STEVENSON ST & ENDS @ BREWER’S CABINET PRODUCTION FACILITY

Sport your epic Wookie or Star Wars-themed attire and join the force of many in the fun annual point-to-point Dirty Wookie 10k Run that starts in Downtown Reno and finishes with a delicious coldie at Brewer’s Cabinet Production Facility (8565 White Fir St, Reno).  Shuttles are available, if needed, from the end point to the starting point.  Visit DesertSkyAdventures.com for registration and event details.  “May the course be with you!”

FEATURED RESTAURANT
ARARIO KOREAN FUSION

Attention all Reno Food Lovers!  This amazing little restaurant is a repeat feature because I love it that much!  There isn’t a single item on the menu I’ve tried at Arario Korean Fusion that I wouldn’t indulge in again.  If you’ve never been… I would highly recommend ordering the Bulgogi Bowl comprised of spicy pork bulgogi, organic power blend greens, mushroom, pepper jack, Sriracha aioli and teriyaki sauce over rice.  It is to die for!  Explore the rest of Arario’s menu at ArarioMidtown.com and make your way there soon!
BLOG POST 
3 REASONS THIS IS NOT the 2008 REAL ESTATE MARKET
Are you among the many who hear and share the wild rumors that we are headed for another recession AND another housing crisis?  Visit my latest Blog Post that delves into this top, addressing three suppositions being promoted lately, and why they don’t hold up.  Visit DeniseHallerbach.com for my thoughts on this topic.
MOTIVATED SELLERS HAVE DROPPED PRICE TO $729,000!
In Southwest Reno, one of Reno’s most desirable neighborhoods, 1460 Manzanita Lane is nestled on a mature property and loaded with character.  Just a few minutes from Starbucks, Trader Joe’s, Whole Foods, Reno-Tahoe International Airport, Downtown and Midtown, you’ll find that this home is adorable, the location is prime, and the sellers are MOTIVATED!!  The lush property features a tasteful abundance of trees, shrubs, grass, gardens, flowers, a refreshing pool, and has option for geothermal energy.  Multiple patios and a BBQ zone make outdoor entertaining a joy!  To learn more and see pictures of the interior, please visit Bit.ly/1460ManzanitaRealScout.  Feel free to share with all who may be interested! 🙂
ONE CONVENIENT LOCATION!  If you like the idea of being in a super location close to Summit Shopping, Raley’s, the library, park, skiing, hiking and views of Mt. Rose, then 30 Tanea Court, Reno could very well be the home for you!  The 2,698 square foot, 4 bedroom/3 bathroom home sits on 1/3 acre and enjoys views of Mount Rose and the Virginia Range.  Now offered for $548,500.  Call me for an appointment today…  Visit Bit.ly/30TaneaRealScout for more pics and details.
BACKUP OFFERS WELCOMED!!
THE SALE IS CONTINGENT ON THE SALE OF ANOTHER PROPERTY!  So if you’re interested in this peaceful, elegant and simply amazing mountain retreat, contact me for an appointment to tour it now. The custom 4,137 square feet home is available under $1 Million, 2001 Saddleback is built to impress, and elicits a castle-like feel upon entry, with high ceilings, exposed beams & sizable windows throughout to allow ample light & expansive views in all directions. The rock-lined floor-to-ceiling wood-burning fireplace is the grand focal point. Large gourmet kitchen with solid hickory cabinets is open to living and dining areas, allowing for exceptional entertaining. Try building a home of this stature for under $1 M… or $1.5 M!  Offered for $822,000!  Visit our Virtual Tour (Matt Waclo Photography) and Bit.ly/SaddlebackRealScout for more information.  Email me at dhallerbach@intero.com or call 775-233-0682 for an appointment!
Posted on October 23, 2019 at 8:29 pm
Denise Hallerbach | Category: Weekend Warrior | Tagged , , , ,

3 Reasons This is NOT the 2008 Real Estate Market

No one knows for sure when the next recession will occur. What is known, however, is that the “talked about” upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions promoted by some, and why they don’t hold up.

SUPPOSITION #1 : A critical warning sign last time was the surging gap between the growth in home prices and household income. Today, home values have also outpaced wage gains. As in 2006, a lack of affordability will kill the market.

COUNTERPOINT #1:  The “gap” between wages and home price growth has existed since 2012. If that is a sign of a recession, why didn’t we have one sometime in the last seven years? Also, a buyer’s purchasing power is MUCH GREATER today than it was thirteen years ago. The equation to determine affordability has three elements:  home prices, wages, AND MORTGAGE INTEREST RATES. Today, the mortgage rate is about 3.5% versus 6.41% in 2006.

SUPPOSITION #2:  In 2018, as in 2005, housing-price growth began slowing, with significant price drops occurring in some major markets. Look at Manhattan where home prices are in a “near free-fall.”

COUNTERPOINT #2:  The only major market showing true depreciation is Seattle, and it looks like home values in that city are about to reverse and start appreciating again. CoreLogic is projecting home price appreciation to reaccelerate across the country over the next twelve months.

Regarding Manhattan, home prices are dropping because the city’s new “mansion tax” is sapping demand. Additionally, the new federal tax code that went into effect last year continues to impact the market, capping deductions for state and local taxes, known as SALT, at $10,000. That had the effect of making it more expensive to own homes in states like New York.

SUPPOSITION #3:  Prices will crash because that is what happened during the last recession.

COUNTERPOINT #3:  It is true that home values sank by almost 20% during the 2008 recession. However, it is also true that in the 4 previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6%.

Price is determined by supply and demand. In 2008, there was an overabundance of housing inventory (a 9-month supply). Today, the national housing inventory is less than half of that (a 4-month supply).

THE BOTTOM LINE:  We need to realize that today’s real estate market is nothing like the 2008 market. Therefore, when a recession does eventually occur, it will very likely NOT resemble the last one.

Posted on October 23, 2019 at 5:58 am
Denise Hallerbach | Category: Real Estate News | Tagged , , ,