Reno and Sparks Nevada, Homes and Real Estate Report, your guide to buying or selling a home. Summary The lack of inventory, along with strong buyer demand for homes continues to push median price up month-over-month. Even with rising median prices, home ownership remains at affordable levels for buyers with a steady income, a reasonable down payment and good credit. Reno Sparks Median Home Price March 2013 median price was up 2.6% to $195,000 compared to $190,100 in February 2013 and up … [Read more...]
Caughlin Ranch Home, Reno, NV SOLD

The Caughlin Ranch Short Sale That Had Too Many Odds Against it, SOLD ! $275,000 A short sale, with a first mortgage, IRS lien, two private second and third mortgages, plus HOA and sewer liens. This incredibly beautiful home is off of Mayberry Drive and River Run. Four bedrooms, three full baths, 3 car garage and 2619 square feet. As you step inside the private entry you walk into the formal living room and formal dining room. Behind that there is an expansive kitchen with an island, eat-in nook, … [Read more...]
Discouraged By Lack of Homes Available? Want New Listings Texted To You?
We have all heard that inventory is on the decline across the U.S., creating a shortage for homebuyers who are on the hunt but coming up empty-handed. In Reno/Sparks the situation is very frustrating for buyers and real estate agents. As soon as you look at a home and decide to make an offer, the listing agent announces he "has multiple offers and to submit your highest and best". A new service being offered to Realtors for their clients, through the Northern Nevada Multiple Listing Service. NNRMLS will … [Read more...]
Reno Tri-Plex SOLD
This Old Reno Southwest Tri-Plex has recently SOLD for $292,000. The property located at 3683 Grant Dr., consisted of three, 2 bedroom, 1.5 bath units each unit at 952 square feet. Each unit had it own one car garage. Located in one of the best areas of Reno, Old Southwest, just off Moana and S. Virginia. You could walk to Old Town Mall, shopping, restaurants, and professional medical offices. Two shopping centers are located across the street, one with a day-care center. Reno bus transit stops right on … [Read more...]
Reno, Sparks Nevada New Homes; Challenges for Home Builders
Builders Were Growing Again in 2012, But New Challenges Lie Ahead for New Home Construction in Reno, Sparks and Fernley Nevada In 2012, we saw a handful of home builders slowly start to build a few homes. The buyers were waiting, and the builders were able to advertise, sell homes and once again start breathing. Market watchers expect housing's growth to continue through at least the next two yars. But the industry faces challenges that include a still-shaky economy, a potentially tougher regulatory climate, … [Read more...]
Reno, Nevada Top Ten Great Places to Retire!

The national magazine, "Where to Retire" will profile Reno as a "hot town to snap up bargains now" in the January/February edition. The magazine is aimed at guiding retirees on where to move has recently named Reno one of its eight top retirement destinations. The bi-monthly Texas based magazine will be on sale Dec. 18, and will be available for sale on-line or at Barnes and Noble book sellers. The magazine's editor, Mary Lu Abbott, praised Reno's current housing prices and … [Read more...]
Reno Short Sale Sold, Sandra Mathewson RE/MAX

Chava, my first time buyer bought this great home near UNR where she is a graduate student. The home is 3 bedrooms, 2 baths and is 1336 square feet. A large greatroom with a brick wood-burning fireplace, remodeled kitchen with new appliances, counters and cabinets. The backyard has mature trees, a spacious deck and beautiful views of downtown Reno. Chava talks about her first home experience. … [Read more...]
Sparks Lazy 5 Music Series Returns!

Every Wednesday evening, from July 11 to August 29, the free concerts are offered at 6:30 p.m at Lazy 5 Regional Park. Kicking off the series this year is The Critical Mass Band on July 11. The concerts include a free hamburger or hot dog provided by Summit Christian Church, which has paid more than $2,000 to sponsor the series each summer for the past few years. There will be weekly raffle prizes provided by Club Cal Neva Silver Legacy, Bobos Ski-Board, Vista Grill and Western Nevada Supply. The raffle … [Read more...]
Buying a Reno/Sparks Home With a VA Loan
Reno/Sparks Homes and Real Estate Information for Veterans If you are a Veteran and thinking of purchasing a home it is important to be pre-approved through a lender that has a good track record of closing VA loans. A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA), and helps eligible veterans purchase properties by supplying them with home financing. A VA loan is backed by the federal government, making it one of the only loans that requires no downpayment. … [Read more...]
CustomInk T-Shirts Coming To Reno!
NEW JOBS IN RENO! An East Coast T-shirt manufacturer says it plans to open an operation Reno. The Reno Gazette-Journal reports Virginia-based CustomInk will bring 75 to 100 new jobs to the area. f="http://ad.doubleclick.net/jump/wn.loc.kolo/home;tile=10;wnsz=10;sz=160x600;ord=8675309" target="_blank"><img src="http://ad.doubleclick.net/ad/wn.loc.kolo/home;tile=10;wnsz=10;sz=160x600;ord=8675309" width="180" height="60" border="0" alt=""></a>The Reno site will cover 25,000 square-feet and … [Read more...]
