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Real Estate Blog

Sometimes you’ve got to get away, but not too far away—and that’s when you need to book one of these Reno-Tahoe staycations. With luxurious casino resorts, quirky towns and Lake Tahoe nearby, you don’t need to travel far to get a break. Here are seven nearby staycation spots to explore!

Reno-Tahoe Staycations: Casino Resorts

At The Row in the heart of downtown Reno or the Atlantis Casino Resort Spa, you can find luxurious accommodations, exciting casino action, fine dining, and award-winning amenities.

The Row combines three resorts into one ultimate staycation destination in downtown Reno. Between the Silver Legacy Resort Casino, Eldorado Resort Casino and Circus Circus Reno you can  25 restaurants, 22 bars and lounges, 11 nightspots and

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If you're new to home ownership, you may be confused about a home warranty. Maybe you've owned your home for years and are considering a home warranty for any emergencies that might spring up. There are several home warranty companies and you should do your homework before selecting one. You may consider asking a Realtor you trust the following questions: 

1. What does a home warranty cover? Typically, well-maintained systems and appliances are covered. Home warranties will usually cover the cost of an appliance or system (that's covered under the plan you choose) that's breaks down from normal wear and tear. In addition to the annual fee, you will also pay a service fee to the provider. 

2. Who does the repairs? Local contractors that are

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Active vs. Sold Report – Reno/Sparks – February 2019

 


Reno/Sparks area REALTORS sold 321 single family homes in January 2019, which was 52 fewer than December 2018, and 85 fewer than January 2018. A combination of rising prices, fluctuating interest rates, and a shortage of inventory in the most affordable price ranges are the biggest contributors to the lower number of sales.

There were 986 homes active on the market at the end of January 2019, an 18% decrease from December, marking the 4th consecutive month with lower inventory. Although we had a decrease month to month, inventory is up by 52% year over year. The year over year increase in inventory is providing slight relief to buyers in the region.

The median sold price for single

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If you're a first time home buyer, you are probably excited about the purchase of your first home and you may be confused or overwhelmed by the process. Don't be! While buying a home, whether it's your first or fifteenth, does require some flexibility, the process doesn't have to be intimidating. The following six tips can help you buy your first home so you can purchase with confidence. 

1. Manage Your Credit. Before you decide to purchase a home, you need to know your credit score. Unless you're paying cash for your home, you'll need to a loan. Interest rates are currently at historic lows and those with excellent credit scores will reap the most benefit by getting the lowest interest rate on their home loan. Financial advisers can help you pay off

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When the snow starts falling, there are many ways to enjoy the winter in Reno Tahoe. The region offers up many surprising adventures and experiences for locals and visitors. Here are some of our favorites to explore.

Winter In Reno Tahoe: Disco Tubing

Photo provided by Ben Arnst/Squaw Valley Alpine Meadows.

Squaw Valley Alpine Meadows is lighting up its family fun zone, SnoVentures with a new way to enjoy winter in Reno Tahoe. Disco tubing features colorful LED lights, lasers, and live DJs from 5-8 p.m. most weekends through March 23. Participants spin down the tubing lanes to music and lights. Snow tubing sessions are 55 minutes long and begin on the top of the hour. DJs include All Good Funk Alliance, Dusty & Garren, and DJ Izzy. For more

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Reno and Sparks offer a variety of romantic things to do for the tender-hearted. Here are 14 romantic restaurants, activities, and events to try for Valentine’s Day and beyond.

1. Romantic Things To Do: Nevada Museum of Art

Photo Courtesy Nevada Museum of Art

Valentine’s Day falls on a Thursday this year and as a result the Nevada Museum of Art will be open until 8 p.m. Have a romantic date and stroll arm-in-arm through the museum’s exhibitions. Then, stop by the museum’s shop to find the perfect gift to commemorate your night. Finally, head over to chez louie (you’ve already made a reservation, right?) for a special Valentine’s Day dinner with a menu by chef Mark Estee. Tyler Stafford will set the mood with acoustic music

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Perhaps you're planning to take advantage of the historically low interest rates. Maybe you're going to down size and are going to use the equity in your home for an investment property. Maybe you realize that the economy in Northern Nevada shows no signs of slowing and you want to take advantage of the in demand housing market. Whatever your reason for wanting to purchase an investment property, nearly every neighborhood in the Reno-Sparks area has potential for the investor. Contact Sallan Real Estate for more information about purchasing an investment home. 

Before you begin shopping for an investment home, here are seven things to consider:

1. Do your research. Find out what homes are renting for in the neighborhood you're looking in. Who

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Nicely located corner lot with mature landscaping, trees. Outstanding first time buyer opportunity as well as a great rental for investor.

2 bedrooms, 1 bathroom home with a 2 car garage on a large, corner lot. Please contact me for more details or a private showing. 

1030 4th, Sparks, NV 89431

 

1030 4th, Sparks, NV 89431   1030 4th, Sparks, NV 89431

1030 4th, Sparks, NV 89431   1030 4th, Sparks, NV 89431

 

 

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Written by Nancy Fennell, President of Dickson Realty. This article originally appeared in the Northern Nevada Business View on Tuesday, Jan. 22, 2019. 

The year 2018 started out with rising home prices, which finally exceeded the high point of that period “just before the crash.” For most of the year, many took advantage of low mortgage rates. Buyers had to struggle with tight inventory, which favored sellers, driving prices up.

In that time period, when a reasonably priced home went on the market in just about any price range, there were multiple offers within hours.

The real estate market goes up but eventually comes down. We have been experiencing the long run of “up.” To understand what to expect in 2019, we need to look at past results.

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Let’s take a look at Median Price and Days on Market trends over the past 6 months in the greater Reno-Sparks area for single family home sales.

“Median” means “in the middle”, with half of homes selling for more and half selling for less. According to the Reno-Sparks Association of Realtors, the median price decreased from $377,250 in November to $362,000 in December. A better indicator of market health however, is to look at the annual trend, which is up by almost 5% since December of last year. This year-over-year change highlights the continued supply and demand struggles for housing in the region.

The Average Days on Market increased in December to 94 days. A longer time on market is typical at this time of the year, and is welcomed especially

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