by Cal Lewis | Dec 22, 2022 | Cal's Blog
Back and Forth If you’ve been here for a while, you know from May until September we saw our Median Sales Price plummet month after month. It seemed like it was never going to end. Have I got news for you! For the second month in a row we saw a rise in our median home...
by Cal Lewis | Aug 24, 2022 | Cal's Blog
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...
by Cal Lewis | May 23, 2022 | Cal's Blog
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...
by Cal Lewis | Apr 16, 2022 | Cal's Blog
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...
by Cal Lewis | Jan 24, 2022 | Cal's Blog
A Year to Watch 2022 is going to be an exciting year to watch real estate in Reno. The Next 6 Months: The next 6 months will give us a really good idea about where our market is headed. Are we going to creep back into a ‘normal,’ flatter market or a continue...
by Cal Lewis | Nov 9, 2021 | Cal's Blog
Feast on these numbers Because you’ve got more important stuff to do… Let’s just get right into it. MY PREDICTIONS LAST MONTH: Median sales price is up 10k to $540,000 – WOW Homes are sitting for 9 days before contract. That’s up from what...
