Real Estate Blog - November, 2015

Reno-Sparks Market Trends– November 29, 2015

The median sales price for single-family homes and condos sold in October 2015 slightly decreased when compared with September. However, the median sales price is significantly higher for September and October this year compared to last year.

The average days on market for homes slightly increased from 84 to 96 between September and October, and the average days on market for condos also increased slightly from 83 to 87 over the same time span.

A decrease in months of inventory for single-family homes in our region means the market will likely continue to be in a seller’s market as we enter 2016. The Reno and Sparks area remains an especially strong seller’s markets for homes priced less than $600,000.

Recent reports from EDAWN and the UNR Center…

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Reno-Sparks Housing Market Update- November 19, 2015

There were 1,778 available listings for October, which is a 6-month low. The number of available listings has decreased now for the past two months. From spring through summer, we had a steady increase in until August, when the trend changed course as we began to head into fall months.

The 6-month trend of sold properties has fluctuated more often than the total number of available listings. October ended with a total properties sold number of 528.  The market witnessed a low of 525 in August and a high of 657 in June over the past six months.

The change in median sales price over the past six months resembled a similar trend as the change in available listings.  October concluded with a median sales price of $280,000, which matches with June for…

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Lake Tahoe Ski Resort Openings 2015

Have you hit the slopes yet this season? The recent snowstorm has done wonders for creating a solid snow base. More snow is expected this weekend too. Some local ski resorts are already open and all should be open within about a month. Thanks to Reno Tahoe USA for compiling this list.

We love living so close to these amazing ski resorts. If you’re looking for a home in the Reno/Sparks or Incline Village area, please give us a call at 775-453-4568. We’d be honored to work with you to find a home to fit your lifestyle.

Ski Resorts Open Date

Mt. Rose: November 4

Boreal: November 6

Alpine Meadows: November 12

Northstar: November 14

Heavenly: November 14

Squaw: November 14

Kirkwood: November 21

Diamond Peak: December 10

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Reno-Sparks Market News-- Percentage of Sales- November 10, 2015

If you’re in the market to purchase a home in the price ranges below $600,000, you will want to work closely with us, as your Dickson agent, and your lender to give you the best chance of having your purchase offer accepted by a seller.

If you are selling in these price ranges, I can help you prepare for the possibility of multiple offers and can help you negotiate the best deal on the sale of your home. For more information, call us at 775-453-0209. 

Now let’s look at sales as of October 31st. Nearly 95% of sales this year have been in the price ranges under $600,000!

The good news is, the increased home values are putting more sellers in a positive equity position. This may be you, and if you are ready to move, the time may be right for us…

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Dine Out For A Good Cause

If you want to dine out and also do something for a good cause, we have the right event for you.

Roundabout Catering & Party Rentals is holding a benefit dinner for the Northern Nevada Children’s Cancer Foundation on Saturday, Nov. 14th, 2015 from 5:30pm – 9pm.

Chef Colin Smith will exclusively cook for this event, so come dine and do something good for the cause!

For more information or to purchase tickets visit the Northern Nevada Children’s Cancer Foundation’s website or take a look at the following flyer.

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Is Reno Headed for a Housing Boom Thanks to the Growing Tech Industry?

A fantastic article about how the local housing market is being affected by the increase in local tech companies ran on Tuesday on Mainstreet. We’ve covered some of the highlights.

Reno was one of the hardest hit cities in the country from the housing market crash. But now, things are looking up, thanks in large part to the expanding technology companies in our area. Apple, Tesla and Switch all announced plans to move to the Reno area within the last year. This is great news for the local economy as even more tech companies are expected to join them in the coming years. 

Home values are steadily increasing as potential homeowners flood the market. According to the Reno/Sparks Association of Realtors, the median price of a home in the Reno/Sparks…

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Is Reno Headed for a Housing Boom Thanks to the Growing Tech Industry?

A fantastic article about how the local housing market is being affected by the increase in local tech companies ran on Tuesday on Mainstreet. We’ve covered some of the highlights.

Reno was one of the hardest hit cities in the country from the housing market crash. But now, things are looking up, thanks in large part to the expanding technology companies in our area. Apple, Tesla and Switch all announced plans to move to the Reno area within the last year. This is great news for the local economy as even more tech companies are expected to join them in the coming years. 

Home values are steadily increasing as potential homeowners flood the market. According to the Reno/Sparks Association of Realtors, the median price of a home in the Reno/Sparks…

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7 Home Winterization Tips

If the recent chilly, wet weather is any indication, cool weather is here to stay. While you’re unpacking your winter clothes and preparing for the holiday season, remember to winterize your house. We’ve compiled 7 tips to make sure you stay warm and your home stays safe this winter.

1. Turn off the water to you irrigation system. If you haven’t already, it’s time to drain your sprinkler lines. If you aren’t comfortable doing this yourself, there are plenty of lawn maintenance and sprinkler repair companies you can hire to do it for you. If water freezes in your irrigation lines and cracks a pipe, you could be facing an expensive repair in the spring. Make sure you also drain water from your outdoor water faucets and spigots.
2. Tune up your heating…

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