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April 2017

Found 14 blog entries for April 2017.

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

According to the Reno-Sparks Association of Realtors, the Reno-Sparks area experienced a small increase in median price from $318,500 in February to 319,000 in March. This was 8.1% higher than March of last year, and 16.7% higher than March 2015. These year over year increases confirm a strong demand for housing being driven by low mortgage rates and healthy economic growth in the region. We anticipate the median price will continue to increase over the long term, especially in the most affordable price ranges.

Median Price Reno Sparks

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The Average Days on Market decreased by 13.9% from 115 days in February to 99

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Image result for Google LogoAfter struggling through a major recession, Northern Nevada's economy is flourishing. The Tesla Motors Gigafactory at the Tahoe Reno Industrial Center, to date, the largest expected employer at TRI Center, will eventually employ 6,500 people.

Last week, Google purchased 1,210 acres in the Tahoe Reno Industrial Center for just over $29  Million. Sources are reporting that the land will be used to build a data center, but at this point there is no timeline for the construction to begin. If Google receives a similar incentive package to Tesla's, there could be a significant demand for local, skilled workers. 

In addition to Tesla and now Google, Tahoe Reno Industrial Center is home to dozens of businesses including Chewy.com, 1-800-Flowers, Ebay,

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Image result for Google LogoAfter struggling through a major recession, Northern Nevada's economy is flourishing. The Tesla Motors Gigafactory at the Tahoe Reno Industrial Center, to date, the largest expected employer at TRI Center, will eventually employ 6,500 people.

Last week, Google purchased 1,210 acres in the Tahoe Reno Industrial Center for just over $29  Million. Sources are reporting that the land will be used to build a data center, but at this point there is no timeline for the construction to begin. If Google receives a similar incentive package to Tesla's, there could be a significant demand for local, skilled workers. 

In addition to Tesla and now Google, Tahoe Reno Industrial Center is home to dozens of businesses including Chewy.com, 1-800-Flowers, Ebay,

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Congratulations! You've accepted an offer on your home and your home's inspection was near flawless. Or perhaps you're refinancing your home to take advantage of the low interest rates. There are several reasons you might be planning for a home appraisal and we'd like to help you prepare. Here's what you need to know. 

  • Know what the appraiser is looking for. Appraisers will look at comparable sales and new listings in your neighborhood to determine the comps (comparable sales). They may drive by, to check the general condition of the home or they may take a look inside. They're goal is to determine the value of your property. 
  • Which upgrades matter? Typically, a well-done kitchen or bathroom remodel will improve the value of the home. A newer
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I have some market news to share with you. If you're curious about the Reno-Sparks real estate market, take a look at the first quarter market trends for the region. It is definitely a seller's market in price ranges below $600,000. With an inventory of just over 5 months, the $600,000 to $900,000 range is the most balanced between buyers and sellers. 

If you are interested in buying or selling a home in the Reno-Sparks area, please contact us. We would be honored to assist you in any way we can. 

 

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Dickson Realty partnered with This is Reno to distribute an interview with Mary Simmons the Vice President of Business Development & Community Strategy at NV Energy about energy savings in Nevada and why companies choose to relocate to our region.​

Dickson Realty Spotlight on NV Energy with Mary Simmons from Dickson Realty on Vimeo.

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Late spring through summer are the busiest times of year to move. So if you're not moving, you likely know someone who is. Use these moving tips to make your move smoother and your unpacking less traumatic.

1. Pack plates on their side. You probably keep your plates stacked in a cupboard, right? For a move, you want them sideways. Wrap each plate individually, and stack them sideways, making sure to add bubble wrap on the ends, and top, so they fit tightly in a box and can't move around. 

2. Protect your glasses. To prevent your stemware (wine glasses, champagne glasses, etc.) from cracking, put a balled up sock in the glass, then put the glass in the other sock. If you can find beer boxes (ask at liquor or grocery stores), smaller glasses fit well

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I love springtime in Northern Nevada. After a wet, snowy winter, the warm, sunny days of spring are a welcome change. We're lucky in Reno to have fantastic weather. There's so much to do year round, but if you're new to Reno, or just looking for something to do in the coming weeks, here's a list of some of the best Northern Nevada has to offer in the spring. 

  • Hiking. Reno has some great trails for hiking. Check out Hunter Creek Trail for a nearly 6 mile hike with awesome views of wildflowers. South Meadows Trail is located in the Double Diamond neighborhood and is almost entirely paved. 
  • Reno Earth Day 2017. Held on April 23, Reno Earth Day will be celebrated at Idlewild Park from 11 a.m. to 6 p.m. The event is free and there will be activities
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Market activity in the Reno/Sparks area for Single Family homes in March has shown that it is beginning to heat up, following the normal trend as we head into springtime. Let’s take a look at the details.

There was slight increase in available inventory of homes when comparing the 1,692 in February to the 1,703 in March. Although this increase is heading in the right direction, our inventory is still down more than 25% from October of last year. It is important to note that these statistics include homes that are active and available for purchase, as well as homes that are in contract but not yet closed. Next, we will look at the number of units sold.

Reno/Sparks area REALTORS sold 540 single family homes in March, which was an increase of 40.3%

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