Date Archives: April 2017
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April
30
30
Dickson Realty Featured Listings April 30, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 30, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
29
29
Dickson Realty Featured Listings April 29, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 29, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
28
28
Dickson Realty Featured Listings April 28, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 28, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
28
28
Congratulations and Thank You!
At Dickson Realty, we strive for mastery in our professional and personal lives, every day. Our agents work relentlessly to be experts in the field of real estate, understand the nuances of every neighborhood, and to counsel every client through their home purchase or sale.
Whether you are a first time buyer, sophisticated seller, beginning or seasoned investor, having a Dickson Realty agent on your side will make a difference. We would not be Dickson Realty without these experienced, professional REALTORS in each of our offices.
We would like to take a moment to thank the family members who choose to be with Dickson Realty, and congratulate them for their years of commitment to our company and our community. We appreciate you! You inspire us!
April
27
27
Dickson Realty Spotlight on the Economic Development Authority of Western Nevada with Doug Erwin
Dickson Realty partnered with This is Reno to distribute an interview with Doug Erwin the Vice President of Entrepreneurial Development at EDAWN about the success of our region's entrepreneurial ecosystem and the recently released version of the Reno Startup Deck.
Dickson Realty Spotlight on the Economic Development Authority of Western Nevada with Doug Erwin from Dickson Realty on Vimeo.
April
27
27
Dickson Realty Featured Listings April 27, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 27, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
25
25
Dickson Realty Spotlight on Ozmen Center for Entrepreneurship with Liset Puentes
Dickson Realty partnered with This is Reno to distribute an interview with Liset Puentes the Manager at the Ozmen Center for Entrepreneurship in The College of Business at the University of Nevada, Reno. Find out about the upcoming events this May 2017 that support and promote women in business and entrepreneurship. More information here.
Dickson Realty Spotlight on Ozmen Center for Entrepreneurship with Liset Puentes from Dickson Realty on Vimeo.
April
25
25
Local Events - May 2017
The Nevada Museum of Art exhibits Altered Landscape, a Photography Collection from the Carol Franc Buck Foundation consisting of approximately 2,000 photos spanning 60 years from 1931 to 1993 revealing the ways individuals and industries have changed the landscape. The "salon style" exhibit offers a panoramic sweep of the contentious social and political debate on the changing environment. This exhibit will be on display until 7/5. NevadaArt
The Reno Sculpture Fest 5/12 – 5/14 will span over 10 blocks of downtown featuring larger-than-life art pieces, live painters, muralists, aerial and street performers, vendors, food trucks, kid zones and multiple music stages, including late night stages, for collaboration between Reno Art Works and Fresh Bakin' (concert promoters). RenoSculptureFest
Roger's & Hammerstein's Tony Award winning Broadway musical Cinderella comes to life at Reno's Pioneer Center for the Performing Arts 5/19 - 5/21 in this contemporary take on the classic tale with a lush production, complete with the pumpkin and glass slipper. Cinderella
The Genoa Cowboy Festival rides again in the historic town of Genoa 4/28 – 4/30, featuring cowboy poetry performances (including Tom Russell, Tony Argento & Dave Stamey), music, ranch tours, Chautautauqu presentations and Western Shootouts, along with Chuck Wagon grub and Basque food at the Cowboy Corral. GenoaCowboyFestival
Whitewater enthusiasts will abound at the annual free Reno River Fest on the Truckee River's kayak course surrounding Wingfield Park in downtown Reno, benefitting the One Truckee River Management Plan. The action-packed weekend features the USA Freestyle Kayaking National Championships, 100 vendors for food, outdoor merchandise, the River Roll costume bike race, Craft Beer Village, Summer Wine Village. Attendees can enjoy Yoga in the Park, Kids Play Area, a fishing clinic and music featuring Brooke Eden and American Young. RenoRiverFest
April
25
25
Dickson Realty Congratulates Beth Nitz
We are pleased to share with you that Beth Nitz is celebrating 12 years with Dickson Realty this month. Thank you, Beth, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Damonte Ranch office. We appreciate you!
Help us thank and congratulate Beth or learn more about her, by clicking the buttons below.
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April
25
25
Visit, Live, Dine & Shop - Sparks Attracts New Development
Sparks should not be overlooked as a great place to visit, live, dine and shop. Developers are not overlooking the area. In a recent announcement Silverwing announced plans to revitalize Victorian Square. Over the next 5-7 years Silverwing will add 1,500 additional housing units with a wide variety of lifestyle options, and 60,000 square feet of retail and commercial space. This will include a remodel of the movie theater into a Galaxy Luxury 14 plex. Exciting times for this area of downtown Sparks which is currently home to some great special events. These new additions will Fountain House and Bridges developments which are already underway with both residential and commercial components.
In addition, yesterday it was reported that the Legends at Sparks Marina will be adding a 40,000 square foot Burlington Coat Factory opening in Spring 2018 and Jersey Mikes, Habit Burger Grill and a free-standing Chick-Fil-A in Fall 2017. In addition, ground was broken earlier in the month for both Hampton Inn and Residence Inn, and H&M opened 26,000 square foot store.
If you are considering a move to the Sparks area you can learn more about the real estate market in the area by visiting DicksonRealty.com Market Insights or search homes for sale in the Sparks area.
Amy Shocket has been a Sparks resident for over 20 years and is a top-producing REALTOR® working out of the Dickson Realty Sparks office.
April
25
25
Dickson Realty Featured Listings April 25, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 25, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
24
24
Dickson Realty Market News April 24, 2017
Let's review the Reno-Sparks housing market activity, comparing month over month residential real estate market activity from February to March 2017, and comparing year over year to March 2016.
According to the Reno Sparks Association of Realtors, the Median Sold Price for single family homes and condos in the Reno/Sparks area increased 2.4% from $297,000 in February to $304,000 in March. When we compare this price to a year ago, we see a 9.4% increase, validating a continued healthy market. While the year over year increases are beginning to impact affordability, it is important to note these increases are being fueled mainly by sustainable economic growth and new jobs.
The number of homes sold increased by 38.6% in March, with 625 sales versus 451 in February. Despite this large increase, year over year, there was actually a decrease of 6.6% in sales of single family homes and condos. The increase in sold units is due in part to more new listings coming on the market as we move into the spring selling season.
There were 787 new listings on the market in March, which was a 30.9% increase from February. However, there was a 10.1% decrease in the number of new listings compared to March of last year. Current demand for homes continues to outpace the supply, especially in price ranges below $500,000, and we expect a seller's market to remain until more homes in affordable price ranges are offered for sale in the region.
As we look at the Inventory numbers, there were 1,820 homes available for sale at the end of March, which was a 3.4% decrease from the 1,884 in February. Comparing year over year numbers, a 13.3% decrease in inventory was seen since March last year.
All this information allows us to calculate the Months Supply of Inventory. Overall, there was a 1.7 months supply of inventory in March. This was a 31.3% decrease from February, and is still very much in Seller's Market territory. The year over year inventory comparison saw a decrease of 1.1%. The National Association of REALTORS considers 5 to 6 months of inventory to be a balanced housing market, where neither buyers nor sellers have a distinct advantage.
What does all this information mean to you, and why should it matter if you are a home buyer or seller? The lack of inventory and our region's economic growth will continue to drive home prices higher. Although mortgage rates have crept up recently, we still have historically low mortgage rates, which will contribute to a steady stream of home buyers. As prices increase, concerns of affordability will continue to make headlines. If you are thinking about buying, now is the time to get pre-qualified for a mortgage and start your home search.
Whether you are buying or selling, talk to a Dickson Realty neighborhood expert first. Dickson Realty agents have the industry's best tools, training and leading technology to stay in tune with the market.
Trust the experts at Dickson Realty to get you the information you need, when you need it. We are ranked the number one real estate company in the Reno, Sparks, Lake Tahoe market, and we've been assisting buyers and sellers in northern Nevada for over 40 years.
Dickson Realty Market News April 24, 2017 from Dickson Realty on Vimeo.
What does all this information mean to you, and why should it matter if you are a home buyer or seller? The lack of inventory and our region's economic growth will continue to drive home prices higher. Although mortgage rates have crept up recently, we still have historically low mortgage rates, which will contribute to a steady stream of home buyers. As prices increase, concerns of affordability will continue to make headlines. If you are thinking about buying, now is the time to get pre-qualified for a mortgage and start your home search.
Whether you are buying or selling, talk to a Dickson Realty neighborhood expert first. Dickson Realty agents have the industry's best tools, training and leading technology to stay in tune with the market.
Trust the experts at Dickson Realty to get you the information you need, when you need it. We are ranked the number one real estate company in the Reno, Sparks, Lake Tahoe market, and we've been assisting buyers and sellers in northern Nevada for over 40 years.
Dickson Realty Market News April 24, 2017 from Dickson Realty on Vimeo.
April
23
23
Dickson Realty Featured Listings April 23, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 23, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
22
22
Dickson Realty Featured Listings April 22, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 22, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
21
21
Dickson Realty Featured Listings April 21, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 21, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
20
20
Sparks Hills Are Alive With The Sound of Hammers
The Sparks hills are alive not with the sound of music, but with the sound of hammers. In almost any direction you look you can see new home developments and new apartment complexes popping up.
New single family homes are being built in Sparks by Lennar, DR Horton, Jenuane Communites, Ryder Homes and many more. According to the University of Nevada Center For Regional Studies, as of February 2017 there were 1,673 units approved for active projects and a whopping 9,041 units approved for inactive projects. The median price of new construction homes as of 4th Q 2016 was $380,700.
What's the best way to find a new home community that meets your needs and price point? Contact your Dickson Realty agent. Our team keeps a comprehensive list of the new home developments, their price ranges, size ranges etc.
Caution: If you are going to consider new construction for your next home and have not yet started working with an agent, MEET WITH AN AGENT FIRST before visiting the new home developments. In Northern Nevada new home builders will only pay commission to an agent representing you if your agent visits with you the first time you go to the development. We want you to have the best representation possible rather than be an unrepresented party in your purchase. The sales agent in the office, although friendly and knowledgeable, represents the seller/builder.
WHAT ABOUT APARTMENTS IN SPARKS?
What about apartments in Sparks. Here are some statisics on rental rates in Sparks from RentCafe
So whether you are new to the area or looking to move across town - Sparks has a lot to offer. Just head toward the sound of hammers
Amy Shocket has been a Sparks resident for over 20 years and is a top-producing REALTOR® working out of the Dickson Realty Sparks office.
What about apartments in Sparks. Here are some statisics on rental rates in Sparks from RentCafe
| Average Rent | $1,046 | $599 | $877 | $1,116 | $1,413 |
|---|---|---|---|---|---|
| Y-o-Y Change | 18% | 9% | 11% | 11% | 7% |
| Average Apartment Size | 916 sq. ft. | 365 sq. ft. | 723 sq. ft. | 1,033 sq. ft. | 1,267 sq. ft. |
April
20
20
Dickson Realty Featured Listings April 20, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 20, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
19
19
Dickson Realty Spotlight on NV Energy with Mary Simmons
We partnered with This is Reno to distribute an interview with Mary Simmons the Vice President of Business Development & Community Strategy at NV Energy about energy savings in Nevada and why companies choose to relocate to our region.
Dickson Realty Spotlight on NV Energy with Mary Simmons from Dickson Realty on Vimeo.
April
19
19
Congratulations and Thank You!
At Dickson Realty, we strive for mastery in our professional and personal lives, every day. Our agents work relentlessly to be experts in the field of real estate, understand the nuances of every neighborhood, and to counsel every client through their home purchase or sale.
Whether you are a first time buyer, sophisticated seller, beginning or seasoned investor, having a Dickson Realty agent on your side will make a difference. We would not be Dickson Realty without these experienced, professional REALTORS in each of our offices.
We would like to take a moment to thank the family members who choose to be with Dickson Realty, and congratulate them for their years of commitment to our company and our community. We appreciate you! You inspire us!
April
18
18
Grocery Outlet to Open on Disc Drive in Sparks
It's official and the sign is up. Grocery Outlet will fill the space left by Scolari's Food & Drug when they closed almost 3 years ago on July 18, 2014. Residences of the Sparks Suburban neighborhood serviced by this store have heard many rumors over the past three years. Hopes were high for a Trader Joes or Whole Foods. But Grocery Outlet it is…
Maybe you don't know much about them. Here's what I found on their website:
"In 1946, Jim Read started selling military surplus for deep discounts and Grocery Outlet has been wowing bargain-minded shoppers ever since. Delivering thrilling deals has become our mission; in fact, it's led us to become the nation's largest extreme value grocery retailer. At Grocery Outlet, you'll find brand-name groceries and farm fresh produce at up to 40-70% off conventional retail prices.
Our customers love to save money on high-quality, wholesome food. Saving our customers money is what we do best.
The third generation of the Read family is now running the business, with 270+ independently operated stores in California, Idaho, Nevada, Oregon, Pennsylvania, and Washington. Grocery Outlet stores are located in cities large and small, and serve all kinds of neighborhoods. Most stores are independently operated by locally-based families. We are truly a family business."
They have an active Facebook page with recipes and product information. You can follow them by clicking here https://www.facebook.com/GroceryOutletInc/
This store is going to be located at 1300 Disc Drive in the Sparks Suburban area. Some of the neighborhoods it will serve are The Vistas, Kiley Ranch, Apen Glen, Wingfield Springs, and D'Andrea. The median price for single homes in the Sparks Suburban area for the 1st Quarter of 2017 was $330,000. Just slightly above the median for the entire Reno-Sparks area.
Amy Shocket has been a Sparks resident for over 20 years and is a top producing REALTOR® working out of the Dickson Realty Sparks office.
April
18
18
Dickson Realty Featured Listings April 18, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 18, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
17
17
Dickson Realty Market News April 17, 2017
HERE'S THE LATEST NEWS ABOUT THE RENO/SPARKS REAL ESTATE MARKET FROM THE EXPERTS AT DICKSON REALTY.
Market activity in the Reno/Sparks area for Single Family homes in March has shown that it is beginning to heat up, following the normal trend as we head into springtime. Let's take a look at the details.
There was slight increase in available inventory of homes when comparing the 1,692 in February to the 1,703 in March. Although this increase is heading in the right direction, our inventory is still down more than 25% from October of last year. It is important to note that these statistics include homes that are active and available for purchase, as well as homes that are in contract but not yet closed. Next, we will look at the number of units sold.
Reno/Sparks area REALTORS sold 540 single family homes in March, which was an increase of 40.3% since the end of February. While it is a significant increase, it is still 6.7% less than the 579 units sold during March of last year. Inventory should continue to build coming into the late spring and summer months, which will allow area REALTORS to maintain the current pace of sales. The demand for housing in the under $600,000 price range remains strong even as more homes come on the market.
Let's see how the demand impacted the median price and average days on market through March.
The median sold price in Reno/Sparks increased slightly to $319,000 in March. That figure marks the third consecutive month of increases in median price, and is also 8.1% higher than March of 2016. Low mortgage rates and sustained job growth in the region are the primary drivers of the increases in value.
Average Days on Market for homes sold in March decreased by 13.9% from 115 days in February to 99 days in March. We typically experience a decrease in market time during the spring and summer months, so this is not unexpected. In a fast moving market such as ours, you will want to be sure to work closely with your Dickson Realty agent and lender to be pre-qualified before looking at homes.
Why should this information matter to you? When looking to buy or sell a home, understanding the trends and seasonal changes in the market can be a challenge. Having an expert and professional REALTOR on your side is a valuable asset. Your Dickson Realty agent can provide you with up to the minute information about local prices and trends to help you negotiate the best deal.
Trust the experts at Dickson Realty to get you the information you need, when you need it. We've been assisting buyers and sellers in northern Nevada for over 40 years, and we are the number one real estate company in the Reno, Sparks and Lake Tahoe market.
Dickson Realty Market News April 17, 2017 from Dickson Realty on Vimeo.
Why should this information matter to you? When looking to buy or sell a home, understanding the trends and seasonal changes in the market can be a challenge. Having an expert and professional REALTOR on your side is a valuable asset. Your Dickson Realty agent can provide you with up to the minute information about local prices and trends to help you negotiate the best deal.
Trust the experts at Dickson Realty to get you the information you need, when you need it. We've been assisting buyers and sellers in northern Nevada for over 40 years, and we are the number one real estate company in the Reno, Sparks and Lake Tahoe market.
Dickson Realty Market News April 17, 2017 from Dickson Realty on Vimeo.
April
16
16
Dickson Realty Featured Listings April 16, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 16, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
15
15
Dickson Realty Featured Listings April 15, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 15, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
14
14
Dickson Realty Featured Listings April 14, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 14, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
April
13
13
Dickson Realty Congratulates Lisa Davis
We are pleased to share with you that Lisa Davis is celebrating 3 years with Dickson Realty this month. Thank you, Lisa, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Truckee office. We appreciate you!
Help us thank and congratulate Lisa or learn more about her, by clicking the buttons below.
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April
13
13
Dickson Realty Featured Listings April 13, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 13, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
12
12
Dickson Realty Congratulates Lisa Moffitt
We are pleased to share with you that Lisa Moffitt is celebrating 5 years with Dickson Realty this month. Thank you, Lisa, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Caughlin Ranch office. We appreciate you!
Help us thank and congratulate Lisa or learn more about her, by clicking the buttons below.
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April
12
12
Dickson Realty Spotlight on The Chamber of Reno-Sparks Northern Nevada with Tray Abney
Dickson Realty partnered with This is Reno to distribute an interview with Tray Abney the Director of Government Relations at The Chamber of Reno-Sparks Northern Nevada about The Chamber's local and state government agenda, what The Chamber is doing to support new and expanding businesses, why people choose to live and do business in Northern Nevada and how people can get involved with The Chamber.
Dickson Realty Spotlight on The Chamber of Reno-Sparks Northern Nevada from Dickson Realty on Vimeo.
April
11
11
Community Spotlight Video Interview Roundup - April 2017
Kylie Rowe, VP of Relocation and Corporate Services presents our Community Spotlight Video Roundup for April, 2017
TMCC: In an interview with the recently inaugurated 10th President of Truckee Meadows Community College (TMCC), Dr. Karin Hilgersom talked about the major issues our region is facing and how TMCC is poised to educate the growing workforce in Northern Nevada. Read more.
Frey Ranch: For over 100 years, the Freys have been a Nevada farming family. In addition to planting, growing and harvesting crops, Frey Ranch expanded the business with a vertical integration strategy to produce their own hand-crafted spirits. Read more.
WCSD: In her second year as President of the Washoe County School District (WCSD) Board of Trustees, Angie Taylor said, "it's the best time in the world to be us." There are four new board members bringing fresh questions, ideas, and angles to look at the state of WCSD. Read more.
City of Reno: With 283 special events held year-round and 191 pieces of public art, The City of Reno is committed to cultural life in Reno. Alexis Hill, City of Reno's Cultural Affairs Manager, described her role as the liaison to the Reno Arts and Culture Commission (RACC). Read more.
Kimmie Candy: Headquartered in Reno, Nevada, Kimmie Candy is the first candy company in the United States to win the Presidential Export Award. This is the first time in 15 years that a company from Nevada was selected for this prestigious Presidential E-Award. Read more.
April
11
11
Local Events - April 2017
The Nevada Museum of Art exhibit of A Place in the Country: Aboriginal Australian Paintings, from the collection of Martha Hesse and Robert E Dolan Collection, presents a concise selection of indigenous female artists of Australia, inextricably bound to the land, each sharing a commitment and responsibility to country. The diverse exhibit from across Australia shows the Aboriginal relationship to country, comprised of "land, sea, sky and everything contained therein." Nevada Museum of Art
Once again, the Reno Earth Day 2017 will be at Idlewild Park on 4/23 again. This free event keeps growing, with live music, food and drink and environmentally-friendly vendors and information booths. Reno Earth Day
The Reno Jazz Festival happens on 4/27-29 at UNR, put on since 1962 by the University's School of the Arts and Extended Studies, with concerts, clinics and competitions, including more than 300 schools, 9,000 participants and 50 clinicians, performers and adjudicators. Reno Jazz Festival
The Reno Aces first 2017 season home baseball game happens on 4/11, with the first pitch at 6:35pm at Greater Nevada Field, against the Albuquerque Isotopes. New this season is the Archie's Kids Club, with opportunities to meet Aces players, chances to announce "Play Ball" over the PA system and win prizes. Reno Aces
Indulge yourself at the 15th Annual Nevada Women's Expo as this 2-day event (4/22-23) welcomes women at every stage of life, showcasing hundreds of vendors offering beauty, clothing, jewelry, health, nutrition, fitness and pampering. Women's Expo
The Pioneer Theater for the Performing Arts presents Brain Candy Live, on 4/9, featuring TVs Adam Savage and Michael Stevens in a "cross between TED Talks and the Blue Man Group" designed for the family to "get your minds messy". Also, in April, the Reno Philharmonic Chorus presents Classix 6, opens with Beethoven's 5th Symphony and includes 13th century Persian poet Rumi in a composition by Chris Theofanidis titled The Here And Now, as the finale. Pioneer Theater
April
11
11
Spring Skiing, Golf, Food & Bocce
Runs open! This week there are 1024 runs open in the Reno/Tahoe ski areas. Mt. Rose Ski Tahoe continues to own the record for the most inches of snow, but Kirkwood and Squaw Valley have deep base snow amounts according to Onthesnow.com. It looks like spring skiing will be around into early summer.
2017 totals from the National Weather Service recorded 9.65 inches of rain in Reno and 27.89 inches of rain in So Lake Tahoe. By comparison, Reno averages about 7.5 inches of rain for the entire year, if you're keeping track. These days, the Truckee River is flowing at around 6,000 CFC (cubic feet per second) as hydrologist's let some excess water out of Tahoe. Flowers are popping up all over, golfers are out, and spring skiers are blissful.
Taking advantage of the winter mud, the 44th USA Cycling Cyclocross National Championships are coming to Reno in January, 2018 (9-14), as announced by Coby Rowe, host and promoter of the event, with the RSCVA. Beating out Bend, OR, Hartford, CT and Louisville, KY, this major bicycle race is expected to bring 7000 people and $4 million to Reno during the six days the race happens at San Rafael Regional Park. Cyclocross 2018
Food Truck Friday – Reno Street Food returns to Idlewild Park on 5/19. This family-friendly outdoor kick-off-to-the-weekend has grown to include 30 gourmet vendors, plus craft beer and desserts. RenoFoodTruck
Flanked by the Truckee River in downtown Reno, The Eddy beer garden, will open 4/12 as the area's first cargo container park, featuring an open low-key daytime community space. At night the open-air park will offer the 21 and older crowd a variety of beer, wine & spirits, with rotating food trucks, plus bocce courts, bike racks and bathrooms. Concerts, events, and warm weather yoga classes and farmers markets could use the space, too. TheEddy
April
11
11
Dickson Realty Congratulates Leslie Moon
We are pleased to share with you that Leslie Moon is celebrating 5 years with Dickson Realty this month. Thank you, Leslie, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Caughlin Ranch office. We appreciate you!
Help us thank and congratulate Leslie or learn more about her, by clicking the buttons below.
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April
11
11
Dickson Realty Featured Listings April 11, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 11, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
- 3119 Bramble Drive, Reno
- 3515 Waterfall Drive, Reno
- 1375 Tarleton Way, Reno
April
10
10
Dickson Realty Market News April 10, 2017
Let's take a look at the existing housing inventory and sales statistics by price range for the Reno-Sparks area, as of April 4th.
Local housing inventory and affordability continue to be main topics of conversation in the real estate industry, both nationally and locally. The good news is, as of the end of March inventory of homes that are Active and Available is up 10.8% year-over-year. Inventory was higher for almost every price range compared to this time last year. This should bring some relief to buyers in our marketplace.
When we look at absorption by price range, we still see a strong seller's market in homes priced below $600,000. For homes priced below $300,000 we have 24 days of inventory, emphasizing the need for more affordable homes in the region. For homes in the range of $300,001-$600,000, available inventory is 56 days, or about 1.9 months. The exceptionally low inventory in these price ranges means it is a great time to sell with little competition, and consider moving up to a higher priced home, where more inventory is available.
With an inventory of just over 5 months, the $600,001 to $900,000 price range represents the most balanced market between buyers and sellers. In the territory above $900,000, the market begins a shift to favor the buyer. The months of inventory sits at 9.4 months for properties in the $900,000 to $1,500,000 range. For homes priced over $1,500,000, we have a 4 YEAR supply.
It is good to remember that The National Association of REALTORS considers 5 to 6 months of inventory a healthy market, where neither buyers nor sellers have a distinct advantage.
As we finish the first quarter and head into the Spring selling season, it's a good time to look at the Percentage of Sales by price range. Over 93% of all sales this year have been under $600,000, with 51.5% of sales occurring below $300,000, and 41.7% of sales between $300,000 and $600,000. Only 5.5% of sales this year have been between $600,000 and $900,000. The remaining 1.3% of sales were over $900,000.
The supply-demand equation continues to drive home prices up in the most affordable price ranges below $600,000. However, the pace of price increases often depends on the neighborhood or area of town. Whether you are considering a move to downsize or to move up, now is a great time to speak with a Dickson Realty agent to discuss your options.
At Dickson Realty, our professional real estate experts have the tools, training and award-winning technology to stay on top of the market. That will help you buy or sell at the right price.
Dickson Realty is ranked the number one real estate company in the Reno-Tahoe region. We've been assisting home buyers and sellers for over 40 years. Call one of our offices or your Dickson Realty agent today.
Dickson Realty Market News April 10, 2017 from Dickson Realty on Vimeo.
Thank you to our segment sponsor!
Local housing inventory and affordability continue to be main topics of conversation in the real estate industry, both nationally and locally. The good news is, as of the end of March inventory of homes that are Active and Available is up 10.8% year-over-year. Inventory was higher for almost every price range compared to this time last year. This should bring some relief to buyers in our marketplace.
When we look at absorption by price range, we still see a strong seller's market in homes priced below $600,000. For homes priced below $300,000 we have 24 days of inventory, emphasizing the need for more affordable homes in the region. For homes in the range of $300,001-$600,000, available inventory is 56 days, or about 1.9 months. The exceptionally low inventory in these price ranges means it is a great time to sell with little competition, and consider moving up to a higher priced home, where more inventory is available.
With an inventory of just over 5 months, the $600,001 to $900,000 price range represents the most balanced market between buyers and sellers. In the territory above $900,000, the market begins a shift to favor the buyer. The months of inventory sits at 9.4 months for properties in the $900,000 to $1,500,000 range. For homes priced over $1,500,000, we have a 4 YEAR supply.
It is good to remember that The National Association of REALTORS considers 5 to 6 months of inventory a healthy market, where neither buyers nor sellers have a distinct advantage.
As we finish the first quarter and head into the Spring selling season, it's a good time to look at the Percentage of Sales by price range. Over 93% of all sales this year have been under $600,000, with 51.5% of sales occurring below $300,000, and 41.7% of sales between $300,000 and $600,000. Only 5.5% of sales this year have been between $600,000 and $900,000. The remaining 1.3% of sales were over $900,000.
The supply-demand equation continues to drive home prices up in the most affordable price ranges below $600,000. However, the pace of price increases often depends on the neighborhood or area of town. Whether you are considering a move to downsize or to move up, now is a great time to speak with a Dickson Realty agent to discuss your options.
At Dickson Realty, our professional real estate experts have the tools, training and award-winning technology to stay on top of the market. That will help you buy or sell at the right price.
Dickson Realty is ranked the number one real estate company in the Reno-Tahoe region. We've been assisting home buyers and sellers for over 40 years. Call one of our offices or your Dickson Realty agent today.
Dickson Realty Market News April 10, 2017 from Dickson Realty on Vimeo.
Thank you to our segment sponsor!
April
9
9
Dickson Realty Featured Listings April 9, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 9, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
8
8
Dickson Realty Featured Listings April 8, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 8, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
7
7
Dickson Realty Featured Listings April 7, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 7, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
6
6
Dickson Realty Congratulates Josh Zion
We are pleased to share with you that Josh Zion is celebrating 1 year with Dickson Realty this month. Thank you, Josh, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Sparks office. We appreciate you!
Help us thank and congratulate Josh or learn more about him, by clicking the buttons below.
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April
6
6
Dickson Realty Featured Listings April 6, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 6, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
5
5
Dickson Realty Spotlight on City of Sparks with Charlene Bybee
City of Sparks Councilwoman Charlene Bybee is in her third year serving the residents of Ward 4. Having lived the majority of her life in Sparks, NV, Councilwoman Bybee discusses changes in the area with business growth, housing, transportation and what the culture and lifestyle is like. It is happening here! Check it out: cityofsparks.us.
Dickson Realty Spotlight on City of Sparks with Charlene Bybee from Dickson Realty on Vimeo.
April
5
5
Dickson Realty Congratulates Amy Shocket
We are pleased to share with you that Amy Shocket is celebrating 11 years with Dickson Realty this month. Thank you, Amy, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Sparks office. We appreciate you!
Help us thank and congratulate Amy or learn more about her, by clicking the buttons below.
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April
4
4
Dickson Realty Congratulates Bonnie Lowder
We are pleased to share with you that Bonnie Lowder is celebrating 27 years with Dickson Realty this month. Thank you, Bonnie, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Caughlin Ranch office. We appreciate you!
Help us thank and congratulate Bonnie or learn more about her, by clicking the buttons below.
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April
4
4
Dickson Realty Included in Prestigious REAL Trends 500
Dickson Realty Among Top U.S. Real Estate Firms in 2017 REAL Trends 500 List
Designated Top Reno-Tahoe Firm and in the Top 210 Nationwide
One of the most trusted and leading sources of real estate information has ranked Dickson Realty the leading real estate brokerage firm in Reno-Tahoe.
REAL Trends, a national publishing and communications company based in Denver, Colo., has Dickson Realty on its prestigious list,the "REAL Trends 500," an annual study that represents the standard of measuring performance of the nation's leading realty service firms.
Dickson Realty is the leading Reno-Tahoe firm in the Top 500, and is tabbed the 208th largest real estate firm in the nation by dollar sales volume, and 259th largest real estate firm in the nation by number of transactions.
Now in its 30th year, the study remains the undisputed leading report ranking the performance of the top residential real estate brokerage firms. Firms are ranked by both sales volume and transaction sides. A side is when a real estate firm represents either the buyer or the seller in a real estate transaction. Due to the requirement that all information be independently verified, the REAL Trends 500 remains the trusted source for information about the performance of these firms.
"Being ranked high on this prestigious national list and first in Reno-Tahoe is an honor, and a reflection of our commitment to the communities we serve with the best in real estate," said Nancy Fennell, president of Dickson Realty. "It is important to give our clients exceptional service with buying and/or selling their home. Dickson Realty agents are experts providing experience and market leadership. The ranking is a true testament to these values."
REAL Trends reports listed Dickson Realty with 3,061 closed transaction sides and $1,107,709,813 in sales volume in 2016.
April
4
4
Dickson Realty Featured Listings April 4, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 4, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
3
3
Dickson Realty Congratulates Chris Rose
We are pleased to share with you that Chris Rose is celebrating 30 years with Dickson Realty this month. Thank you, Chris, for being an excellent REALTOR and for choosing to be a part of the Dickson Realty family in our Caughlin Ranch office. We appreciate you!
Help us thank and congratulate Chris or learn more about her, by clicking the buttons below.
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April
2
2
Dickson Realty Featured Listings April 2, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 2, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!
April
1
1
Dickson Realty Featured Listings April 1, 2017
Dickson Realty Market Trends segments provide information on market trends, featured listings, community information and more. Watch more segments at DicksonRealty.com/TV.
Dickson Realty Featured Listings April 1, 2017 from Dickson Realty on Vimeo.
Homes shown in this episode include:
Thank you to our segment sponsor!