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Real Estate Blog

The 30-year fixed-rate mortgage averaged 3.82% for the week of June 13 Freddie Mac reported on Thursday. A 15-year-fixed-rate mortgage held at 3.26%, down slightly from 3.28%. We are almost halfway through 2019 and the 30-year-fixed-rate mortgage has shown weekly increases only 6 times all year. 

Fannie Mae's Mortgage Lender Sentiment Survey reports that, "The net profit margin outlook for mortgage lenders turned positive for the first time in nearly three years, due primarily to strong demand expectations for both purchase and refinance mortgages." 

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, continues, "Lender sentiment regarding both recent and expected purchase mortgage demand growth across all loan types was the most

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You might be considering a backyard renovation. Maybe you're planning to sell your home and want to make the outdoors pop. Maybe you're ready to move toward something more water-friendly than your current lawn. Hardscapes have been popular for decades, but those new to the style should have a plan for how to integrate these design elements. 

What is Hardscaping? 

Hardscapes are the non-living elements in your yard like a patio, flagstone walkway, or stone wall. Softscapes are ground cover, lawns, plants. Your yard likely already has both hardscapes and softscapes. 

How to Use Hardscaping

Since hardscaping includes nearly all non-living elements, your choices are limitless. Many homeowners opt to expand their patio or deck to create more

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As of May 31st, there were 1,163 single family homes available for purchase, which is a 20% increase over the last month. An even more sizable increase of almost 60% was realized since this time last year, providing needed relief to home buyers in our region. Sixty-nine percent of available homes are priced under $600,000.

For homes priced under $300,000, we only have 19 days of inventory, and for homes in the range of $300,000 to $600,000, inventory is 2.3 months. If you own a home in either of these price ranges, it is a very good time to sell with little competition in the marketplace. Inventory of homes priced from $600,000 to $900,000 is 4.8 months. The $900,000 to $1,500,000 price range represents the most balanced market with 5 months of

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Looking for privacy on your own slice of heaven but also want convenience to Reno/Sparks? This completely remodeled 4 bedroom, 2 bath home is hidden away on 40 acres in Palomino Valley, just 20 minutes north of Reno/Sparks on an easy access Priority 1 Road in the Palomino Valley General Improvement District Road Network. You will have plenty of room for hobbies and toys in the massive shop with a sub panel and outstanding power options. Relax on the large covered deck with magnificent views/solitude.

4 bedrooms, 2 bathrooms

1,814 square feet

$539,000

4905 Axe Handle Canyon Road, Reno

Please call to schedule your private showing. 

4905 Axe Handle Canyon, Reno, NV 89510-9137

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As a smart home seller, you want your home to be in show-worthy shape, but you don't want to spend an arm and leg to do so. They key is to make sure your return on investment into home repairs and updates make sense. Prioritize these key repairs to increase your home's value. 

1. Replace Flooring. Old, outdated carpet and scratched wood floors can make a home look poorly cared for. Opt for new carpet, a quality laminate, or even hardwood floors to give the property a fresh look and impress potential home buyers. 

2. Add Curb Appeal. Not only will your home's front yard give the first impression of the property, but if the lawn is full of dead patches, shrubs are overgrown, and weeds have taken over the planter, potential home buyers will start

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Private, quiet, Northwest Reno home, that has been tastefully remodeled and has an extra family/bonus room for even more usable space. Open floor plan, with plenty of natural light, and gorgeous updates include: custom granite countertops, upgraded cabinets, in-counter champagne/beer cooler, laminate flooring, and more. The backyard is perfect for entertaining or relaxing with a large, shaded patio. Well-maintained and move-in ready.

3 bedroom, 2 bathroom

1,450 sqft

 $379,000 6072 Walnut Creek, Reno, NV 89523 6072 Walnut Creek, Reno, NV 89523 6072 Walnut Creek, Reno, NV 89523  
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Moving is never a fun experience, but there are things that can make it more bearable. And moving all of your earthly belongings during a snowstorm is just plain miserable. Whether it's your schedule or the weather, many people find summer to be the best time to move. 

Plenty of Sun. On average, Reno has 252 days of sun each year. The national average is only 205 days of sun. That chance increases significantly during the summer months. If you're pulling a full day or weekend of moving, you'll get more daylight and less chance of wet weather during the summer. 

Kids Aren't in School. This might be the biggest reason why summer moves are most popular. Moving during the summer helps kids maintain their routines and gives them a chance to settle in

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Summer is here, and that means there are plenty of June events in Reno/Sparks to enjoy. There’s no shortage of things to do in Reno this June, from celebrating the Reno Rodeo’s 100th anniversary to Barbecue, Blues and Brews to the world rock crawling championship. Here are 14 events you won’t want to miss!

June Events in Reno/Sparks: Rhythm & Rawhide Presented by Dolan Auto Group

  • When: Saturday, Jun. 1, 2019
  • Where: Downtown Reno Ballroom, 401 N Center St., Reno
  • More Information

This country western flavored event is the major fundraiser for the Reno Phil and the Reno Rodeo Foundation. The fun and exhilarating music that will surely knock your boots off! Wear your best western attire and bring your cowboy hat to have a

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Summer is finally (officially) here and you're probably planning to spend more time in your backyard. Big or small, your yard is an investment in your home. Whether you have a quaint patio or a spacious yard, there are seven traits every outdoor space should have to maximize the aesthetic and your enjoyment of your yard.

1. Proper Lighting. Outdoor string lights along the patio, twinkle lights in the trees, or well-placed path lights can make a huge difference in both the feel of an outdoor area and its usability. 

2. Outdoor Seating. A comfortable seating area is important to the flow and use of your living space. Choose something that will work well for the purpose of your space will either withstand the wide temperature swing of Northern

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Let's review the Reno-Sparks real estate market, comparing month over month activity from March to April 2019, and comparing year-over-year from April 2018 to April 2019. This graphic contains Single Family Homes market statistics.

Please contact me if you have any questions or would like to discuss what is happening in our local real estate market.

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