Reno area rents reach highest level ever

Our friends at CBRE have released their Multifamily Newsletter for the Reno area for the 3rd quarter. (Click on the report below to enlarge.)

As you can see from the newsletter above the region’s average rental rate has hit yet another historical record — coming in at $1,054.

Guy Johnson on Welcome, Politico Readers!: “Here is an updated blog post with up-to-date state-to-state migration data: From Golden State to Silver State: California’s Outflows are…” Oct 31, 15:19
Guy Johnson on Welcome, Politico Readers!: “Here is the Politico piece that linked to the Reno Realty Blog: The Ex-Californians Who Hate Kamala Harris — And…” Oct 31, 11:22
Guy Johnson on Are High Mortgage Rates Leading to an Increase in All-Cash Purchases?: “Interesting insight, Howard. Not sure how that could be tracked, though.” Oct 29, 20:40
Howard I Hirsch on Are High Mortgage Rates Leading to an Increase in All-Cash Purchases?: “Well, and not only that, but this tracks the status of payment at time of purchase only. One clever real…” Oct 29, 16:54