Why Home Sales Bounce Back After Presidential Elections

With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s…

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Top Real Estate Brokerages in California

If you’re looking to sell your California home, one of the best tools you can add to your arsenal is partnering with a trusted local real estate agent. The real estate market in California is competitive, and selling a home is a complex process. A trusted local agent with a top real estate brokerage in…

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What Happens to Your Mortgage When You Sell Your House​?

When you’re planning a home sale, one of the first things on your mind is likely what happens to your mortgage when you sell your house​. You’re not alone — this is a common question, especially among first-time home sellers. Whether you’ve built up significant equity over time or still have years left on your…

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How Long Should You Live in a House Before Selling? (5 test questions)

When you first bought your home, you likely had a timeline in mind for how long you’d stay. But life doesn’t always go as planned, and you may now find yourself wondering, “How long should you live in a house before selling?” Selling a home sooner than expected isn’t uncommon, but the decision comes with…

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Could a 55+ Community Be Right For You?

If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you. Here’s some information that could help you make your decision. What Is a 55+ Community? It’s important to note that these communities aren’t just for people who need extra support – they can be…

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The Senior Art Show is Back!!

The City of Reno Senior Citizen Advisory Committee, in partnership with the City of Reno Arts and Culture department, will honor the creativity of Reno’s Seniors with the third annual Senior Art Show at the historic McKinley Arts & Culture Center located at 925 Riverside Drive in Reno. The exhibit will be on display throughout Older Americans…

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The Benefits of Downsizing When you Retire

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home. When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But…

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Is ‘Just Right’ Sizing the Key to Buying a Home These Days?

If you’re trying to buy a home these days, you know how challenging—if not downright impossible—it can be. Rising interest rates, sky-high prices, and low inventory have turned an otherwise exciting home shopping experience into a seemingly hopeless prospect. But what if you took a page or two from the time-tested tale of “Goldilocks and…

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Senior Community Resources

The Reno Seniors EngAGED initiative is a series of engaging events that include resource fairs, informative guest speaker sessions, technology classes, and more for older adults. You’re invited to join the last sessions of 2023. Seniors Day Out: Did you know that garlic thrives in the Nevada climate? You’re invited to participate in a garlic workshop at…

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New Senior Engagement Coordinator

The City of Reno is pleased to announce the hiring of the new Senior Engagement Coordinator under the Equity and Relations Office. The focus of this position is to serve the Reno senior community to increase engagement opportunities and meet the growing needs. Izabella Baumann recently obtained her Master of Social Work from the University…

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The Return of Normal Seasonality for Home Price Appreciation

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there are…

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Why Americans plan to take Social Security earlier, and even leave retirement money behind

More Americans plan to tap Social Security benefits earlier than later, even if it means they won’t receive the maximum payout, according to asset management firm Schroders. Only 10% of nonretired Americans say they will wait until 70 to receive their maximum Social Security benefit payments, according to the 2023 Schroders U.S. Retirement Survey of 2,000 U.S. investors nationwide ages…

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Senior Connect

Celebrating Reno Seniors May is Older Americans Month and the City of Reno and its Senior Citizen Advisory Committee (SCAC) are celebrating the accomplishments, contributions, and lives of its Senior Citizens. SCAC is tasked with engaging those aged 60 or older by Reno’s City Council so Seniors can be active and involved. This improves a Senior’s…

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Equity Gains for Today’s Homeowners

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years  Because of the imbalance…

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One Major Benefit of Investing in a Home

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time to consider…

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Things to Consider When Selling Your House

1. Should I Wait To Sell? Even though the supply of homes for sale has grown in 2022, inventory is still low overall. The graph below helps put the inventory growth into perspective to show we’re still in sellers’ market territory in terms of housing supply and aren’t near a neutral or buyers’ market. That…

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Planning to Retire? It Could Be Time To Make a Move.

Thursday December 15th, 2022 For Sellers, Senior Market, Move-Up Buyers, Demographics, Baby Boomers If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs.   Fortunately, you may be in a better position to make a move…

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Where do the wealthy invest? Luxury real estate is the safest investment one can make, says new Coldwell Banker Global Luxury report

U.S. affluent consumer sentiments, highlighted in “The Trend Report,” identifies the top trends and investment habits revolutionizing the global luxury real estate landscape ATHENA SNOWOCT 24, 2022 MADISON, N.J. (October 24, 2022) – A recent report indicates that real estate remains in a strong position for the remainder of 2022 and heading into 2023 as more…

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Life in Reno: 10 Things to Know BEFORE Moving to Reno, NV

Living in Reno Are you considering moving to Reno, Nevada? Make sure you know these ten things about life in Reno! Reno is located seven hours from Las Vegas and only 22 miles from Lake Tahoe in the northwest section of Nevada. Nicknamed “The Biggest Little City in the World” due to its wide range of amenities but relatively small…

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Social Security Benefits and Assisted Living

If you arrived on this webpage, you likely have questions about Social Security’s benefits for assisted living. You are wondering if Social Security pays for assisted living or if there exists a little-known, secret benefit that can help. You might be confused about the relationship between Supplemental Security Income, Optional State Supplements, Medicaid, nursing homes,…

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Senior Resources

Monday, January 9, 2023 Monday, February 13, 2023 Washoe County Library – Northwest Branch Community Room 2325 Robb Dr. Reno, NV 89523 10:30 am – 12:30 pm

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The SaveOnEnergy.com® Electricity Bill Report: Who paid the most, least?

Updated November 3, 2022 Electricity bills are relentless – they come every month, and there’s little alternative except to pay them. But some months are more painful for residential electricity than others. Most state electricity comparisons are made on the basis of electricity rates, usually expressed in cents per kilowatt-hours (kWh). It’s a number that…

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Push the Envelope: Architects Rethink Senior Living Design for the Boomers

Architects and designers are rethinking senior living designs to address the preferences of the incoming baby boomer generation. Such residents want more connectivity, opportunities for socialization, inter-generational mingling, and community connections. Realizing that a one-size-fits-all approach won’t work, designers are incorporating elements that bring the outside community in, such as public-facing retail storefronts, restaurants, and unique dining…

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3 Tips for Buying a Home Today

3 Tips for Buying a Home Today | Keeping Current Matters

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.

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Why Are People Moving Today?

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they were at the start of…

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Retirees Guide to Downsizing

5 reasons to downsize Economic necessity – It’s common for many older adults to be faced with unexpected medical expenses and rising home insurance premiums and utility costs. Selling your house and moving into a more affordable space is often the most practical solution. Health concerns – Many seniors downsize to a home where at-home care is more widely…

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New Construction – 5 Aspects to Look For

Few things are as exciting as purchasing a newly constructed home. Everything is pristine and, presumably, will last for a very long time. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before…

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Home Values Projected to Keep Rising

As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to come.…

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Senior Living, Small Homes, Pocket Neighborhoods

When it comes to senior living communities, bigger is sometimes better. But as senior care innovator Dr. Bill Thomas remarked last year, the so-called “big box” model of senior living is no longer the only option for residents. Architects, capital providers, operators and entrepreneurs are exploring new concepts for smaller, more intimate styles of senior housing.…

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Downsizing Tips for Baby Boomers

Baby boomers may no longer be the largest demographic group but with 73 million of them, they are the second-largest group of consumers. A big reason why the real estate industry should still be taking heed of baby boomers is that their needs are changing as they transition into retirement. A Time for Downsizing Finding…

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Aging baby boomers will shape senior housing

Changes in long-term care and senior housing and services are some of the “new and important ways” that aging baby boomers could shape rural America in the coming years, according to a new report from the U.S. Census Bureau. “Most older people do not live in rural areas and most rural residents are not older. But an…

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Heels and Bowties – 35th Annual Fashion Show

Date: Friday, December 6, 2019 to Friday, December 6, 2019 Venue: Atlantis Casino Spa and Resort-3800 S. Virginia Street Reno, NV United States     Get Directions Total Price: $50.00 Event Time: Start Time: 11:00 am End Time: 2:00 pm Cost: RRC Member Price: $50.00 Non-Member Price: $50.00 To purchase a single ticket for you and or a guest,…

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Make an Offer Like a Boss

By: HouseLogic These 10 money- and time-saving steps can help you craft a winning bid. Ah, the offer! Know Your Limits | Learn to Speak “Contract” | Set Your Price | Figure Out Your Down Payment | Make an Earnest Money Deposit | Review Contingency Plans | Read the Fine Print | Make a Date to Settle |  Write a Fan Letter to the Seller |  Brace Yourself for a Counteroffer Cinematically speaking, this…

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How to Seal the Home Buying Deal

By: HouseLogic Sign that paperwork. Write those checks. Get those keys! The closing. It all comes down to this. The grand finale. Once you have the keys, the house is yours. (Cue: Air horn sound!) Nice work getting this far. You’re almost a homeowner! Let’s run through some questions you may have as you cross the…

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How to Save Money

Your house gives you so much: security, pride, shelter. With all that on the line, it’s easy to assume the costs of keeping it up just are what they are. But wait. There are plenty of expenses you probably make to keep your home in good order that are simply a waste. Here’s how to…

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Cold Weather Tips

Preparing your house for winter may not be on the top of your to-do list right now. After all, most of us wouldn’t rather spend their down time doing home maintenance tasks when they could be enjoying the fall foliage, going apple picking, or sipping pumpkin-spiced lattes instead of winterizing their house. But, here’s the…

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Reno just got ranked the 6th-most dynamic mid-size city in US

The Biggest Little City made yet another list, this time as one of the most “dynamic” cities in the country. Reno ranked as the sixth-most dynamic city in the United States, according to a recent report by real estate site Point2 Homes. It also placed 16th overall out of the 150 urban areas included in the…

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4 Ways to Finance a Home Improvement Project without Draining Your Account

Taking on a home improvement project can increase your property’s value, address small issues before they become large problems, and make your house more livable. But while small projects may require only sweat equity (e.g., grabbing a hammer and scheduling out a few hours of your time), big changes typically require big bucks. Something like…

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Income Inequality Is Growing Faster in Some Cities

Big cities equal big time income inequality, according to a new look at the places where American income inequality is most pronounced. Houston, New York, Los Angeles and the San Francisco Bay Area are some of the places where the gulf between the highest earners and the lowest earners is widest, Federal Reserve Bank of…

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5 Home Upgrades Millenials Couldn’t Care Less About

Despite being called out for their ineptitude at saving money and their overwhelming fondness for spending it on experiences instead of things, millennials actually do desire financial stability—especially if it means they can buy a house. So what kind of homes do they want? According to real estate professionals, a large majority of millennials seeks…

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Take Caution Before Drilling Holes in Drywall

Drilling a hole in the wall to hang pictures or a TV might sound like a simple DIY project. But handyman services are warning that homeowners could do a lot of damage to a home if they aren’t careful. Many homes have pipes and wires that run through a wall. Homeowners who are unaware of these could…

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5 Tips for Prepping A Lawn for Winter

How homeowners treat a yard this autumn can determine the quality of their yard next spring and summer. Kris Kiser, president and CEO of the Outdoor Power Equipment Institute, offers up the following checklist for homeowners who want to lay a strong groundwork for a great yard next spring: Keep mowing. Grass still needs regular care…

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A Flip or Flop

Some homeowners take on more than they should with do-it-yourself home projects. They could wind up hurting their home value. Homeowners hope to save money through DIY takes on projects, but some lose that savings when they sell. Chicago-area home inspectors recently shared with The Chicago Tribune some of the common DIY mishaps they most often see,…

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A Primer for First-Time Homebuyers

(NewsUSA) – Sponsored by GAF – Finally ready to take the plunge? Join the club. After having waited on the sidelines for what seemed like forever, first-time homebuyers last year made 38 percent of all U.S. single-family home purchases – the biggest share since 2000 – and the 2.07 million new or existing houses they bought…

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How to Afford a Pricier House in the Neighborhood You Love

(NewsUSA) – When Danielle and Jimmy returned to their home state after three years in Germany, they spent the next six months looking for their first home. “Location was so important to us. We got used to walking everywhere while we were in Germany. Grocery stores, restaurants, beer gardens and pubs were all within walking distance…

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Smart Millenial Uses Down Payment Assistance for New Home

(NewsUSA) – Until this summer, Matt Berna had an unusual tradition: Every year, he moved to a new apartment. After doing this for 9 years, the 27-year-old inside sales professional decided enough was enough. “Yeah, I’ve been moving since I was 18,” says Matt, “and I was getting sick of it. I’m really good at packing…

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Seniors Housing Developers Embrace Intergenerational Living Trends

As the industry eagerly anticipates the arrival of baby boomers, intergenerational housing models are emerging as an attractive alternative for a group that wants a different type of retirement experience. Developers, operators and owners are tweaking time-tested intergenerational arrangements and trying new approaches. Mixing different age groups has benefits for everyone involved, experts say. It’s…

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Home Improvement Projects That Build Equity

How do you build equity in a home while simultaneously enhancing your everyday life? By making home improvements that add value to your property. Not only will improving a home allow you to build equity quickly and efficiently, but it will also make your life more comfortable on a daily basis. Of course, you don’t…

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10 Things To Do When Renting a Home

Renting certainly comes with its fair share of advantages. For one, tenants don’t have to worry about making necessary home improvements to the property. They also aren’t responsible for paying expensive property taxes on the rental. In addition, renters have the option to pick up and move at the end of their lease term, giving…

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Different Mortgage Types Explained

So you’ve found the home of your dreams and are ready to move forward with an offer. Congratulations! Now, all you need to do is secure a home loan from a lender in order to purchase the house. Of course, if you’re a first-time homebuyer, navigating the confusing ins and outs of obtaining a mortgage…

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Things to Consider Before Buying an Old House

There’s something to be said for the charm and craftsmanship that buying an old house brings to your life. There’s also something to be said for the inevitable (and expensive) mishaps that could be lurking behind any corner or wall. Yes, purchasing an old home has many benefits, but it also has its fair share of what-ifs…

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What’s it like to live in Reno, NV?

Although it often plays second fiddle to Las Vegas, Reno, Nevada, may be the more attractive option for those considering a move to the Southwest for a number of reasons. Perhaps most importantly, there’s much less sin associated with this city: Despite the fact that Reno was built on the gaming industry, it’s very easy…

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