Category Archives: Reno

RSAR Monthly Market Report – May 2017

The Reno/Sparks Association of REALTORS® (RSAR) has released its Market Report for the month of May 2017. From May’s report… “Historically, during the peak listing months, May, June and July, new listing inventory outpaces sales, said John Graham, 2017 RSAR … Continue reading

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March median sales price, units sold, DOM, DTC and inventory

All metrics were up in March — including median sales price, units sold, new listings, PPSF, and pending sales. Let’s take a closer look. March’s median sales price was $295,500 — a 1.9 percent one-month increase over February’s median of … Continue reading

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The New Nevada video

I originally posted this video showcasing a few of the many companies moving to Reno, and some of great things in store for Reno’s future last December. It’s a cool video and worthy of a replay. So for your Friday … Continue reading

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Zillow dives hyperlocal into Reno, Nevada

Zillow came to town recently and interviewed Reno residents in order to obtain local insights on The Biggest Little City. See what they found in this piece from the Zillow Blog: 15 Reasons to Move to Reno, the Biggest Little … Continue reading

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New concise market reports are now available from the RSAR

The Reno/Sparks Association of REALTORS® has redesigned its monthly market report for the Reno and Sparks real estate market into a more concise and easier to read format. Click on the graph below to check out the new design for … Continue reading

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It’s been a busy week for EDAWN

Wow, lots of press releases coming out of about EDAWN (Economic Development Authority of Western Nevada) recently. Here are some of the recent ones [click on the links to be redirected to the EDAWN site]… RENO, Nev. (Aug. 13, 2015) … Continue reading

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Reno’s average rent hits a new high

Reno’s rental market has reached a record high average rental rate for the multifamily market. Additionally vacancy rates are hovering around historic lows. See the complete report with all the rental numbers in the 2nd-quarter Reno Area Multifamily newsletter below … Continue reading

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Job growth tsunami coming: 51,000 new jobs to hit the area

51,000 new primary and secondary jobs are coming to the Reno-Sparks area over the next five years. See the RGJ’s story: Job growth to test region’s infrastructure says EDAWN But who’s going to fill these positions? Nevada currently has the … Continue reading

Posted in headlines, Market Trends, Real Estate Industry, Reno, Sparks, Strategy | Tagged , , , , , , | 4 Comments