This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this past week…

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Lake Tahoe Friday fact

Paddleboarding off Speedboat Beach, Lake Tahoe — Image by Guy Johnson

Where does the water come from?

Rain and snow melt runoff from 63 tributaries in the 312 square-mile watershed adds 65% of the water. Another 35% falls as precipitation directly on the Lake. Typically, 212 billion gallons of water enter the Lake this way each year. In a normal year, Lake Tahoe will rise 15 inches from spring runoff, assuming the outlet gates are closed.

Fact credit: TahoeFacts.com

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This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this past week…

Posted in headlines, News | Tagged , | Leave a comment

Lake Tahoe Friday fact

Paddleboarding off Speedboat Beach, Lake Tahoe — Image by Guy Johnson

How does Lake Tahoe compare to other world lakes?

Tahoe is the second largest lake in the world at or above this elevation. By volume, it is the 31st largest lake overall and the 11th deepest lake in the world.

Fact credit: TahoeFacts.com

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This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this past week…

Posted in headlines, News | Tagged , | Leave a comment

RSAR Market Report for Fernley, Nevada – February 2019

The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for February 2019.

From February’s report…

The February 2019 report indicated that Fernley had 37 sales of existing single-family homes, a decrease of 30.2 percent from February 2018 and a 37 percent increase from January 2019. The median sales price in Fernley for an existing single-family residence in February 2019 was $267,450; an 9.3 percent increase from February 2018, and a 2.9 percent increase from last month.

Click on the graph below to see the entire RSAR market report for February.

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Lake Tahoe Friday fact

Paddleboarding off Speedboat Beach, Lake Tahoe — Image by Guy Johnson

How old is Lake Tahoe?”

Lake Tahoe is over 2-3 million years old. Tahoe is considered an ancient lake and is counted among the 20 oldest lakes in the world.

Fact credit: TahoeFacts.com

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Interested in the Las Vegas housing market?

The Greater Las Vegas Association of REALTORS® has released February’s housing market numbers for the Southern Nevada housing market. Click here: Local home prices dip below $300,000 as homes sell at slower pace

From the Nevada Business story in the link:

GLVAR [Greater Las Vegas Association of REALTORS®] reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during February was $296,200. That’s down from an even $300,000 in January, but still up 7.7 percent from $275,000 in February of 2018.

For comparison, the above sentence, re-written to describe Reno/Sparks’ February housing market would read: The median price for existing single-family homes sold in Reno/Sparks through its Multiple Listing Service (MLS) during February was $369,450. That’s up from $361,000 in January, and virtually unchanged from $370,000 in February of 2018.


If you found this information on the Las Vegas housing market useful, please let me know in the comments below.

Also, although I do not personally serve the Las Vegas real estate market, I know some excellent REALTORS® who do. If you would like me to refer one to you, let me know.

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