Real Estate Blog - September, 2020

Downtown Reno Developments That Will Change the Biggest Little City

Big changes are coming to the heart of the Biggest Little City, as many downtown Reno developments are either being built or planned.

During a Downtown Hall on Economic Development, the Downtown Reno Partnership revealed several exciting new developments, including beautification efforts and residential, medical, hospitality, and student living projects.

“To see the evolution of downtown and to see the impact of the Downtown Reno Partnership is really great,” said Par Tolles, the chair of the Downtown Reno Partnership board. “I love Reno more and more, and the momentum that we have is really exciting.”

These downtown Reno developments will continue to transform the area and make it an invigorating environment for both locals and visitors, said…

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Plenty Of Virtual And In-Person October Things To Do In Reno And Sparks

October things to do in Reno and Sparks include traditional autumn fare such as Lattin Farms’ Fall Festival, as well as virtual art events hosted by the Nevada Museum of Art and virtual running races. Thrifters can check out the annual Somersett garage sale, and check out frightful animals at the Sierra Nevada Zoological Park — in the dark.

October Things To Do In Reno And Sparks

Virtual Art Discussion

• When: 4-5 p.m. Thursday, October 1, 2020
• Where: Virtual (Zoom)
• More information

Bring art into the comfort of your home with a Virtual Art Discussion on “The E. L. Wiegand Collection: Representing the Work Ethic in American Art.” Virtual Art Discussions are led by experienced docents that will share interesting perspectives…

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DOM & Median Price Report – Reno/Sparks -September 2020

Home. It has never been so important. And, the strong demand for housing in the Reno/Sparks region is proving this statement true.

“Median” means “in the middle”, so half of homes sold for more and half sold for less. According to the Reno-Sparks Association of REALTORS, the regional median price increased from $432,320 to $439,750 from July to August. Our year-over-year median price is up by 10% and we expect the median price in the coming months to continue trending up at a manageable pace.

The Average Days on Market stayed fairly steady, decreasing slightly from 76 days to 75 days from July to August. Naturally, we experience a decrease in the number of days to sell a home this time of year. This is great for sellers, but represents…

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Market Profile Report- Reno/Sparks- September 19, 2020

Market Profile Report - Reno/Sparks 

Below is an update on the Reno/Sparks real estate market. Our analysis focuses on single family home activity in the region for the month ending August, 2020.

If you have any questions about this report or would like more information about the real estate market, please reach out.

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7 Easy Fall Maintenance Tips

Some of the easiest fall home maintenance projects can end up saving you a lot in the long run. So as the weather turns cooler, it's time to start thinking about how you can protect your home this winter and prevent problems in the future. 

1. Turn Off Irrigation for the Season. In Northern Nevada, most lawns tend to go dormant over winter. Make sure your irrigation system is turned off and water is drained from the lines so the lines don't burst with the first hard freeze. If you're not comfortable tackling this yourself, reach out to a lawn service provider for help. 

2. Seal Drafts. Caulk, seal, and weatherstrip around your windows and doors. To see if you have drafts, hold a lit candle or stick of incense around the perimeter of your doors and…

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What is Your Home Worth in Today's Market?

What is your home worth in today's market? Northern Nevada's real estate market is strong and you may have more equity than you think. The number of homes available aren't keeping up with the demand for homes. There were 462 homes active on the market and available for purchase at the end of August, which was a 17% decrease from July and a staggering 66% decrease from August 2019. Our market has had a steady decline in inventory since April, which is driving prices up and hurting affordability. 

The median sold price for single family homes in Reno/Sparks was $444,900 in July which is a 2.5% increase from July and the fourth month of consecutive increases. Year-over-year, the regional median price is up by 11.5%. 

If you would like a complimentary…

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Actives vs Solds Report - Reno/Sparks, NV - September 10, 2020

Actives vs Solds - Reno/Sparks, NV

It may be nearing the end of summer, but the Reno/Sparks real estate market is still hot. Here’s the latest information from the experts at Dickson Realty.

Click to enlarge the graph

There were 462 homes active on the market and available for purchase at the end of August, which was a 17% decrease from July and a staggering 66% decrease from August 2019. Our market has had a steady decline in inventory since April, which is driving prices up and hurting affordability. Fortunately, mortgage rates are remaining at near all time lows, which brings some relief to buyers.

Reno/Sparks area REALTORS sold 647 single family homes in August, which was a 13% decrease from July, and a slight increase from last year…

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How to Improve Air Quality in Your Home

The fires raging in California have been causing poor air quality in Northern Nevada. If you or a family member suffers from respiratory issues, or you're just tired of the smoky air, consider these tips to improve the air quality in your home: 

For the Home

Vacuum Regularly. Pet dander and dust will hold on to smells. Vacuum every few days (or more) in carpeted areas. 

Control Dust. With all the smoke in the air, you may notice more dust in your home. Being extra vigilant in dusting and cleaning can help you breath a little easier at home. 

Air Out Your Home When Conditions Allow. When the smoke clears, even for a morning, take that time to air out your home by opening windows and letting air circulate. 

Run the HVAC System. If your HVAC…

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Tips for Selling Your Home in the Fall

Typically, late spring and summer are the hottest home selling seasons. But this has been a strange year and the market is still going strong in the Reno-Sparks area. If you're planning to sell your home this fall might be the best time all year to put your home on the market. Here are some tips to consider before you list: 

Get Picture Perfect. If you will be selling this fall, consider having professional pictures taken now, while your lawn and landscape is still thriving. Your real estate agent will be able to set up professional photos that work around your schedule. 

Improve Fall Curb Appeal. Consider planting fall flowers like chrysanthemums in pots near the front door. If you decorate, choose tasteful, seasonal decor instead of…

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Tips On How To Begin Your Reno Fly Fishing Adventure

On many a day on the Truckee River in Reno, fly fishing is a commonly seen sight. The sun glinting off the ripples of the cool alpine water. The fisherman standing in waist-high water, waiting patiently for a bite.

For Patrick Sheehan, marketing director for Dickson Commercial Group and an avid fly fisherman, it’s the challenge, the solitude and the peace that keeps him coming back.

“I just love the meditative peace of it,” Sheehan said. “They call it the flow state. When you’re fishing, all the chatter that you’re usually thinking kind of can disappear because you’re so focused on what you’re doing.”

Many others are joining Sheehan and finding the joy in fly fishing. The Nevada Department of Wildlife has seen an uptick in people buying fishing…

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