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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Just Listed!

This stunning Somersett home has been completely updated with luxurious, modern finishes and features a ton of natural light. The spacious living area opens to the kitchen and has doors to the courtyard as well as a unique, three-sided fireplace that makes a lovely focal point. The kitchen is a chef's dream with an enormous Viking gas stove, wine fridge, and gorgeous marble counters, including a marble waterfall island.

2375 Ridge Field Trl

4 bedrooms, 4 bathrooms, 4,142 square feet


2375 Ridge Field Trl Property Photo 1

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Join Truckee Meadows Water District for Smart About Water Day, a free community event featuring the projects, plans, and actions that contribute to the overall state of water in the Truckee Meadows. Drop in anytime on Saturday, May 6 from 10 a.m.-2 p.m. and talk with agencies and organizations dedicated to water management in our region. Scientists and local water-planning experts from TMWA, the Desert Research Institute, Truckee Meadows Regional Planning Agency, Northern Nevada Water Planning Commission, Nevada Department of Environmental Protection, One Truckee River, Envirolution, Homeserve and other agencies will all be there and ready to talk to you about water.

The day is designed for learning and fun in a setting where you are encouraged to…

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If you'd like an even more local report on real estate in your neighborhood, please 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.

Sierra Nevada Properties Monthly Market Report

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There is Still Time to Donate!

No minimum donation is required and any amount helps towards the end goal. Sierra Nevada Properties has donated $2,500 towards Libby Booth Elementary’s Wellness Center in coordination with Communities In Schools and is asking local businesses and individuals to support this one-of-a-kind cause by matching the $2,500 donation.

How: Donate your $2,500 matching gift (or the amount you like) directly to Communities In Schools benefitting Libby Booth Elementary’s Wellness Center HERE or scan below.

Why: Students of Libby Booth encounter poverty, food insecurity & housing insecurity at a rate higher…

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When house-hunting fever strikes, it can hit hard. You’ll probably download a home search app or two and jump into the car, ready to explore a new neighborhood. Before you do, here are answers to some questions that might pop up along the way.

8370 Cinnamon Ridge Ln Property Photo 1

What’s the difference between a real estate agent and a Realtor?

All real estate agents are licensed by the state in which they operate. The title “Realtor” is a trademark held by the National Association of Realtors; it refers to agents who are members of a local real estate association that is NAR-affiliated. These agents agree to comply with the association’s ethical standards. Of course, the sales practices of all licensed agents are guided by the laws of their state.

What is the MLS?

A multiple…

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By Brian Cushing of The Cushing Team

Contract signings for existing homes surged in January while the latest appreciation data for December addressed concerns about a housing bubble.

Pending Home Sales rose 8.1% from December to January, which was much stronger than expectations and follows the 1.1% gain in December. Sales were down 24.1% from a year earlier, though this was an improvement from the 33.9% annual decline in December’s report. Pending Home Sales is a critical report for taking the pulse of the housing market. It is considered a forward-looking indicator of home sales because it measures signed contracts on existing homes, which represent around 90% of the market.   What’s the bottom line? While January is not known to be a…

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