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...

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...

January Market Update

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...

November Market Update

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...

September Market Update

FALL IS UPON US   Pumpkin spiced lattes, football tailgates, delta variant, and golf scramble tournaments! We can keep this one short and sweet, ya’ll. I was correct on all my predictions from last month (I mean, what did you expect?) MY PREDICTIONS LAST MONTH:...