This week’s real estate headlines

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

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

EPIC Report — updated with latest actual numbers

The EPIC (Economic Planning Indicators Committee) Report has been updated with the most recent census numbers with seasonal adjustments. [Source: RCG Economics]

The purpose of the EPIC study is to forecast how many jobs and residents will potentially be located in the Study Areas by 2020. The Study Area consists of five northwestern Nevada counties.

With the anticipated growth this year, expectations are to exceed the projections by the end of this year.

Click on the chart below to see the latest jobs, population, and household numbers for the area.

Posted in Builders, Developments, Downtown Reno, Market Trends | Tagged | Leave a comment

This week’s real estate headlines

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

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

This week’s real estate headlines

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

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

This week’s real estate headlines

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

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

RSAR Monthly Market Report for Fernley, Nevada – September 2018

The Reno/Sparks Association of REALTORS® (RSAR) has released its Fernley Market Report for September 2018.

From September’s report…

“We are seeing a leveling trend of the median sales price in the area,” said Doug McIntyre, 2018 RSAR President. “Since January of this year, median price in the Fernley has hovered in the $240K to $245K range, except during the summer months, when it reached a high of $255,000.”

  • The median price at $241,750 is down 4% from August and up 9% from September 2017.
  • Fernley’s unit sales at 60 are up 5% from August and up 11% from September 2017.
  • September new listings at 57 are down 15% from August and down 15% from September 2017.
  • The Fernley market has 2.1 months supply of inventory, a seller’s market.

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

Fernley Market Report, September 2018

Posted in Market Trends | Tagged , , , , , , , , , | Leave a comment

RSAR Monthly Market Report for Reno-Sparks, Nevada – September 2018

The Reno/Sparks Association of REALTORS® (RSAR) has released its Reno-Sparks Market Report for September 2018.

From September’s report…

“We are seeing a leveling trend of the median sales price in the area,” said Doug McIntyre, 2018 RSAR President. “Since March of this year, median price in the Reno/Sparks has hovered in the $370K to $375K range, except during the summer months, when it reached a high of $389,000.”

  • The September median price at $374,000 is up 1% from August and up 11% from a year ago.
  • September unit sales at 439 are down 22% from August and down 28% compared to September 2017.
  • September new listings are down 22% at 630 compared to August and up 10.3% from one year ago.
  • The Reno market is a seller’s market, at 3.1 months supply of inventory. Months supply of inventory is the time it would take to exhaust the active inventory at the current rate of sales.

Click on the graph below to see the entire RSAR market report for September…

Reno-Sparks Market Report, September 2018

Posted in Market Trends | Tagged , , , , , , , , , , , | Leave a comment

This week’s real estate headlines

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

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