Below is our October 2023 Market Report for Reno & Sparks. (Find Fernley, Fallon, Carson Valley/Douglas County and Incline Village here).

If you'd like an even more local report on real estate in your neighborhood, don't hesitate to get in touch with me via social media, text, email, or phone, and let me know if you'd like monthly updates on what is happening right in your neighborhood.

If you or someone you know has questions about these statistics or real estate in our area, please don't hesitate to contact me.


















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As the temperatures cool down this month, our plants, trees and grasses start to transition. Help this natural process of dormancy by reducing how much and how frequently you water your landscape.

For your sprinkler system, begin by reducing run times or dropping a day off your weekly watering schedule. Then, as chilly mornings turn into colder days, you can slow down watering your landscape even more, to once a week or less. You’ll notice this transition, as grasses and plants grow more slowly. This is a solid clue that your yard is moving into dormancy. At this phase, less water near your root systems is better than too much!

When should your sprinkler system be completely shut down?

When temperatures are sufficiently cold, your grass will stop…

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Make a Home Down Payment Without Wrecking Your Finances

Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly.

But putting too much down could leave you without enough cash for home maintenance — or anything else.

Pinpointing the right amount involves balancing the advantages of boosting the down payment against the need to hold back money for urgent upgrades, life’s emergencies, and having some fun with your new home.

“There’s really no one-size-fits-all solution,” says Jason Speciner, a certified financial planner in Fort Collins, Colorado.

Effect of a higher down payment

Calculating how different down payments would…

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Let’s be real: Rejection hurts. It’s particularly hard if you’re denied for a mortgage preapproval, which is one of the biggest hurdles in the home-buying process.

Mike and Brittany Delgado know the feeling all too well. In 2013, the couple tried to get a mortgage preapproval and were denied. Why? Mike’s credit report showed no history or FICO score. “This was a surprise to us,” says Brittany Delgado, adding that her husband had paid off old debts, but the couple had never taken steps to re-establish his credit.

“Our lender outlined exactly what we needed to do and told us to start small — finance some furniture or a laptop — and make payments on time to build the credit back up. She warned us it would take a while.”

The Delgados’ experience is…

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Buying a house is exciting, intimidating, and a bit complicated. If you’re like most home shoppers, you’ll spend close to three months just finding “your” home.

It’s an emotional roller coaster. You might find what seems the perfect place, only to learn that it’s way over your target price. And that in-your-budget “fixer-upper” is more like a demolition zone.

But there are some home search hacks you can use to help you buy smart. It all starts with researching your market.

Things you can control, and things you can’t

You’ve no doubt heard the terms “buyer’s market” or “seller’s market.” If you’re house hunting, you want to be on the right side of that equation — in a buyer’s market. Prices are reasonable, there are lots of choices within your…

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After ten rate hikes since March of last year, the Fed left their benchmark Federal Funds Rate unchanged at a range of 5% to 5.25% at their meeting last Wednesday. The Fed Funds Rate is the interest rate for overnight borrowing for banks and it is not the same as mortgage rates. When the Fed hikes the Fed Funds Rate, they are trying to slow the economy and curb inflation.

What’s the bottom line? The Fed kept the Fed Funds Rate unchanged to give themselves more time to assess incoming data. In his press conference following the meeting, Fed Chair Jerome Powell stressed that the Fed is “strongly committed” to returning inflation to their 2% target as measured by the Core Personal Consumption Expenditures Index.

Powell also noted that “nearly all…

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Below is a link to our Market Report for Reno & Sparks, Fernley, Fallon, Carson Valley (including Gardnerville, Minden & Topaz), and Incline Village.

As you can see, the Northern Nevada Real Estate Market continues to pick up steam; more new listings are on the market, with higher median prices and homes going under contract sooner. 


If you'd like an even more local report on real estate in your neighborhood, please contact me via social media, text, email, or phone, and let me know if you'd like monthly updates on what is happening right in your neighborhood.

If you or someone you know has questions about these statistics or real estate in our area, please don't hesitate to contact me.

 To view the most recent monthly market statistics, click here or…

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By Bill Hauck, Water Supply Supervisor. Truckee Meadow Water Authority

This winter brought one of the biggest snowpack years on record, and the water supply outlook for our region is excellent! Official April 1st snowpack measurements for the Lake Tahoe Basin came in at 242% of normal. With the big spring runoff, it is expected that all upstream reservoirs on the Truckee River system will fill this year.

Lake Tahoe, with its massive 744,600-acre foot storage capacity, should come very close to filling. (The top 6.1 ft. of storage above the lake’s rim is used to provide river flows and drought reserves). This is a remarkable rebound for the lake which, in early December, was almost six inches below its natural rim. As of mid-April, Tahoe’s elevation…

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Check out the Market Report for Reno & Sparks, Fernley, Fallon, Carson Valley, and Incline Village. As you can see, the Northern Nevada Real Estate Market is picking up steam; more new listings are on the market, with slightly higher median prices and homes going under contract sooner.


If you'd like an even more local report on real estate in your neighborhood, please contact me via social media, text, email, or phone, and let me know if you'd like monthly updates on what is happening right in your neighborhood. If you or someone you know has questions about these statistics or real estate in our area, please don't hesitate to contact me. 


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Northern Nevada Business Weekly

At the heart of the country’s largest industrial park, in the midst of the high desert just 20 miles east of Reno, sits the Nevada Gigafactory — a 5.4-million-square-foot facility where thousands of Tesla employees have produced millions of electric vehicle batteries over the past decade.

Since construction of the Gigafactory began in 2014 after a landmark $1 billion tax incentive deal approved by lawmakers in a special session, Tesla and the ever-growing Tahoe-Reno Industrial Center have significantly altered the Northern Nevada region. Unemployment has plummeted. Housing prices have surged. Storey County, once a desolate former mining community, is now a technology hub. State leaders envision the area as key to the…

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