September Market Update

The Big Short? I watched The Big Short the other day for the first time in about 5 years last night. If you’d like to keep an optimistic view of the housing market, I highly recommend NOT viewing that for a while. It’s a great movie, but it was hard to fall asleep...

August Market Update

CORRECTING COURSE We knew we were going to see a correction in home prices this year. We don’t know how long it will take to correct. I do have a theory that I’ll share with you after going over the stats. DROP Prices in the Reno/Sparks area dropped another 4% month...

July Market Update

DON’T FREAK OUT We’ve been saying the growth we’ve been seeing is unsustainable. We are going to see a market correction over the next couple months. Here’s what to look for over the next couple of months, why it’s actually positive, and some differences between...

May Market Update

Shift Happens Is the housing market crashing? Let’s Look at April Like baggage in the overhead compartment, shift happens. And as we shift into a more balanced market, we will hear a lot of “The housing market is crashing” or “The bubble has popped” talk. I’ve...

April Market Update

Spring Has Sprung  Spring has sprung and so have home prices! Another Record: We reached another median sales record for Reno/Sparks last month clocking in at a whopping $575,000! That’s almost a 20% lift from last year at this time! What’s even crazier is that it’s...