Sparks, Nevada Housing Market Update – 4/8/23 Welcome, everyone, to the Sparks, Nevada Housing Market Update for April 8, 2023. The lack of available inventory is continuing to challenge local buyers, but those who are strategizing and keeping a close eye on market trends are finding success – regardless of competition and the current cost of money. Let’s dive in. Prefer to watch our market video on YouTube? View here.  Sparks, Nevada Houses The median sales price for a single-family home in Sparks, Nevada is down 9.5% from this time last year. As mentioned in the most recent Reno, N ..read more

Reno, Nevada Housing Market Update – April 8, 2023 Welcome, everyone, to the Reno, Nevada Housing Market Update for April 8, 2023. As we’ve been tracking over the past few months, the real estate market in Reno has been experiencing some significant shifts, so what trends should buyers and sellers be paying attention to in order to make better informed decisions? Let’s dive in. Prefer to watch our market video on YouTube? View here.  Reno, Nevada Houses The median sales price for a single-family home in Reno, Nevada is currently $535,000 – down 20% from this time last year when the m ..read more

Carson City, Nevada Housing Market Update – April 8, 2023 Welcome, everyone, to the Carson City, Nevada Housing Market Update for April 8, 2023. The Carson City housing market is stable, with low inventory and high demand, making it favorable for market sellers. So, what can buyers do to find success in this fast-paced market? Let’s dive in. Prefer to watch our market video on YouTube? View here.   Carson City Houses The median sales price for a single-family home in Carson City, Nevada is $474,000 – a 6.6% increase from this time last year. Unlike the neighboring markets in Ren ..read more

Understanding the Escrow Process: From Earnest Money to HOA Rules It’s been established that the escrow process for buying a home takes about 30 days. But what happens within that time period? Quite a bit, actually.  Let's get started.  The Escrow Process There are many steps that take place from the time an offer is accepted to the time a buyer receives the keys to their new home. At first this may seem chaotic, so we’re going to break it down into manageable blocks in order to offer a full understanding of what’s really happening behind the scenes. A buyer’s real estate agent will ..read more

Sparks, Nevada Housing Market Update – March 18, 2023 Welcome, everyone, to the Sparks, Nevada Housing Market Update for March 18, 2023. Projections for new inventory being listed in March missed the mark, but buyers are finding more opportunities in Sparks than other regional markets.  Let’s dive in.  Prefer to watch our market video on YouTube? View here.  Sparks, Nevada Houses The median sales price for a single-family home in Sparks, Nevada is on an upward trend and hovering around $500,000 – down 7.9% from this time last year. It’s been volatile, but on that upward tre ..read more

Reno, Nevada Housing Market Update – March 18, 2023 Welcome, everyone, to the Reno, Nevada Housing Market Update for March 18, 2023. An uncertain national marketplace is not deterring local buyers – even as home prices continue to increase. Let’s dive in.  Prefer to watch our market video on YouTube? View here.  Reno, Nevada Houses The price for a home in Reno has been steadily increasing since right around Valentine’s Day. The current median sales price for a single-family home is $570,000, down about 7% from this time last year. Week over week that is just a small drop. Does t ..read more

Welcome, everyone, to the Carson City, Nevada Housing Market Update for March 11, 2023. Sales prices for homes in the area have leveled out and so has the number of new listings coming up for sale. So, how can buyers and sellers take advantage of this marketplace? Let’s dive in. Prefer to watch our market video on YouTube? View here.  Carson City, Nevada Houses The median sales price for a single-family home in Carson City is currently $456,750. Week over week, we are seeing little ups and downs, but local pricing has been pretty level, with no up or downward trends. It’s been this w ..read more

Welcome, everyone to the Sparks, Nevada Housing Market Update for March 11, 2023. New listings are on the rise in Sparks, but is it enough to satisfy the needs of local buyers? Let’s dive in.  Prefer to watch our market video on YouTube? View here.  Mortgage Interest Rates One day the rates are high, the next they're low. What's it all about? The bank failures. A great article written recently by an area lender describes how bank failures do help interest rates. Right now, the Federal Reserve is pressing on interest rates which is pushing everything to rise. That begins a domino ..read more

Welcome, everyone to the Reno, Nevada Housing Market Update for March 11, 2023. For the first time in a while, there has been an increase in inventory hitting the Reno market – but will it be enough to satisfy current demand. Let’s dive in.  Prefer to watch our market video on YouTube? View here.  Reno, Nevada Houses According to recent data, Reno buyers and sellers have been witnessing an upward trend in single-family housing prices since early to mid-February. The median sales price for a home in Reno is currently at $576,750 – up 1.9% from this time last year. The benefit of ..read more

Navigating the Process of Buying and Selling a Home Simultaneously Buying and selling a home at the same time. Two separate deals with one goal – to have the sales align in order to seamlessly move from an old home directly into a new home. It sounds complicated – and it is. But it’s not uncommon. Across the country, on any given day, there are thousands of people doing exactly that. Those who’ve experienced concurrent buying and selling know it takes a special understanding, and there are different ways to approach it, depending on want or need. But what can newcomers expect as they begin the ..read more