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No Housing Bubble as Home Values Level

Posted by Jeff Sallan on Tuesday, December 13th, 2016 at 8:05am.

You may have seen an RGJ article this week discussing the Reno-Sparks housing market. With home values rising, many are concerned about the potential for a housing bubble. Reno-Sparks Association of Realtors President-Elect John Graham agrees with our outlook on the current market conditions. Check out this article from May and this in-depth article written by Dickson Realty President Nancy Fennell. 

In summary, the Reno-Sparks housing market is definitely recovering from the recession when home values fell dramatically. Currently, home values are where they should be if we had been experiencing "normal" home value increases throughout the recession. 

Are you planning to buy or sell a home? We are an experienced team that works diligently to make your home buying or selling experience as pleasant as possible. We offer complimentary home valuations so home sellers know just how much their home is worth before deciding to list. We work closely with home buyers to find a property that meets their needs and lifestyle. 

If you are interested in learning more about the Reno real estate market, please contact us at 775-453-4568. We would be honored to work with you. 

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