April Luxury Market Report

The Institute’s Luxury Market Report is your guide to an analysis on the trends and comparative data on the top-residential markets throughout Canada and the United States. April’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. The Institute for Luxury Home Marketing both appreciates…

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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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The Market Is Tanking (I read it in the paper)

It was widely reported in April of this year that the median price for previously occupied homes in Reno & Sparks dropped by 1.6% in March of 2019 compared to the median home price in March of 2018. This represented the first year-over-year median price decrease since 2011 and many of us heard or read…

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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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February 2019 Market Summary Reno Nevada

Market Summary RENO, Nev. – The Reno/Sparks Association of REALTORS® (RSAR) released its February 2019 report on existing home sales in Reno, Sparks and Fernley, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com). During February 2019, the report…

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The Reason for the Recent Housing Price Reduction

Why are there so many price reductions? We are being flooded with these questions, and some buyers and sellers are even having fears about our marketplace. It’s a reasonable concern, especially if you have been keeping up with sites like Zillow and RedFin. We are going to be taking a look today at why all of…

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Reasons to feel confident in Reno’s Real Estate Market

With questionable headlines in the mass media and many recent price reductions in our area, we would like to share with you seven reasons why you can feel confident in today’s market: Prices are slowly increasing. Year-over-year prices in March 2018 were at a 17.6% increase, while September 2018 saw an increase of 11.3% over last…

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What you need to prepare for your first house

Buying a home is a big undertaking. From finding the right property and negotiating to sorting out the legal details and moving in, there are dozens of important steps along the way. And for many first-time buyers, it can seem overwhelming. Fortunately, there are a few things you can do to make the process easier,…

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5 Ways to Use Your Refund Toward a Home

Who doesn’t love getting a tax refund? It’s exciting to know that your bank balance will get a boost. But remember, a refund isn’t a bonus — it’s your hard-earned money, which is why you should make the most of it. If you’re thinking of buying a new home this year — whether it’s your…

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Reno/Sparks Market Summary

RENO, Nev. – The Reno/Sparks Association of REALTORS® (RSAR) released its January 2019 report on existing home sales in Reno, Sparks and Fernley, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com). During January 2019, the report showed Reno-Sparks…

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RSAR Releases 2018 Fourth Quarter/December Existing Home Sales Report

RENO, Nev. – The Reno/Sparks Association of REALTORS® (RSAR) today released its 2018 fourth quarter and December 2018 reports on existing home sales in Reno/Sparks, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com). In the fourth quarter of…

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Build the Perfect Space for Your Ideal Lifestyle – Pine Bluff Caughlin Ranch

Introducing New Designs by a Caughlin Ranch Original. These beautiful designs are made possible by Jerry Gloss and KGA Studios. KGA is an award-winning collaborative architectural studio out of Boulder, Colorado, that the Means family worked with back when they first started building custom homes in Caughlin Ranch. The Pine Bluff concept simply wouldn’t be complete…

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Looking into the Housing Market in 2019

Editor’s Note: This feature originally appeared in the August issue of DS News. Sam Khater spends his day ensuring that Freddie Mac’s economics and research team delivers valuable insights and analysis on economic trends and policy issues affecting Freddie Mac and the housing market. With over 20 years’ experience in housing and economics, Khater brings…

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Only in Nevada

Nevada Facts: Capital Carson City Nickname Battle Born State Bird Mountain bluebird Mean Elevation 5,500 ft. Flower Sagebrush Song “Home Means Nevada” by Bertha Raffetto Counties 16 + 1 independent city (unofficial) Food shrimp cocktail Fossil Ichthyosaur Animal Desert bighorn sheep READ MORE

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What About Investing in the Reno Real Estate Market in 2018?

Do you want to invest in the Nevada real estate market? Why not invest in Reno real estate in 2018? Reno is the third biggest city in Nevada and has, over the years, proven to be one of the best cities to invest in real estate. The Reno real estate market is one of the fastest growing…

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The notorious Reno drunk and the housing-market hangover

In 2006, the New Yorker published a Malcolm Gladwell story headlined “Million Dollar Murray.” It profiled Murray Barr, an affable, mostly toothless homeless man who had cost the city of Reno, Nev., hundreds of thousands of dollars in hospital bills, substance-abuse-treatment costs, ambulance transportation and much more over the 10 years he’d lived on its…

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Housing prices in Reno area hit all-time high again

RENO — Rising housing prices have set a record in the Reno-Sparks area for the fourth time this year. The Reno-Gazette Journal reports the combined median price for an existing single-family home in the cities of Reno and Sparks reached $389,000 in June. That’s the highest level ever recorded by the Reno/Sparks Association of Realtors.…

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Interest rate hike has impact on Reno-Sparks housing market

RENO, Nev. (KOLO) — The Federal Reserve recently raised its key short-term interest rate by a quarter, and locally, those in the housing industry are keeping a close eye on the effect that could have on the region. In September alone, 439 single-family homes were sold in the Reno-Sparks area, which is a 28% decrease…

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Black Friday Shopping? The Top Searched Furniture Items by State

Consumers may be most on the hunt for a new sectional, TV stand, hutch, and sofa table to spruce up their home. These were the most searched-for home furniture items based on Google shopping data, according to a new analysis of search data by NextDay Blinds. NextDay Blinds analyzed the data to find the top-searched…

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3 ‘Subtle’ Holiday Staging Tips

Want to give your listing a little holiday flair–without going overboard?  Elyza Brillantes, design program manager at Havenly, offers some of the following tips: 1. Infuse greenery. Greenery is always a must for staging your home so the space feels fresh. “For the holidays, seasonal greenery like evergreen boughs can be a lovely way to make…

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How Virtual Twilight Photos Sold a Languishing Listing

By Harry Parson, guest contributor A picture is worth a thousand words, and if you have bad photographs of your listing, it tells a thousand bad stories. So, when I recently took over a home that had been lingering on the market for more than a year, I focused on its photography and online presentation.…

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