Summer is winding down and we are already welcoming fall in just a few weeks! There's nothing quite like the crisp cool air and the changing colors in the local foliage. We are back to share the latest Reno-Tahoe luxury housing market trends have arrived with all of the mid-year specifics and statistics.

Read on for all of the juicy details!

Important Mid-Year Highlights:

• We are continuing to see the effects of low interest rates, high stock market returns, low inventory and high buyer demand throughout the end of June.
• From January to June 2021, our luxury market sales increased from 98 homes sold in 2020 to 266 homes sold in 2021, for a 17% increase. The average sold price has increased by 10.4%.
• While we are not forecasting a

There’s a chill (and a new woodsy aroma) in the air, the leaves are changing, the supermarket is packed with pumpkin spice-flavored products, and Halloween decorations are popping up everywhere. That's right: Fall is in full force. So why not make the most of that perfect temperate weather and the festive spirit? There's no shortage of fun fall activities to try—both indoors and outdoors. We have all of our favorite September and October events listed below. We hope you enjoy welcoming the turn of a new season with a little festive fall fun!

Great Italian Festival

The Great Italian Festival transforms downtown Reno into Little Italy with a grape stomp, an Italian farmers market, food booths and incredible free, live entertainment all weekend

Investing in property is one of the most lucrative endeavors you can delve into if you do it right. Tax rules abound for investors when it comes to selling off property, but there is a popular tool to help maximize profits and avoid capital gains tax. A 1031 exchange can do just that is one of the best bets for building foundational real estate wealth.

What is a 1031 exchange?

A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows an investor to avoid paying capital gains taxes on the sale of an investment property, as long the proceeds are reinvested within certain time limits in a property or properties of equal or greater value. In short, it’s a tax-deferring transaction that can be used in just about

Nevada is leading the charge across the nation for payroll growth as the United States economy begins to recover from the COVID-19 pandemic. The biggest resurgence nationwide, the Silver State has posted a year-over-year growth of just under 30% according to an analysis by insurance tech company Huckleberry.

Growth in Nevada was double the rate of second-place Maryland (15%) and more than three times the growth of third-place North Carolina (8%).

Payroll growth is defined as the increases in average wage and salaries, and a factor typically considered to be a good indicator for recovery and business confidence. Nevada also jumped up its insurance policy growth by a whopping 165%.

“Nevada had the biggest bounce we’re seeing in terms of

We are incredibly excited to share that we will be a sponsor for Montrêux Golf and Country Club’s very own Concert on the Green again for the 20th year! The Concert first kicked off in 2001 and has run every year since, with the exception of 2020 due to the COVID-19 pandemic. Dickson Realty has sponsored the event every year that it has taken place and we couldn’t be more honored to continue with the tradition. The concert returns this year on Sunday, September 19, with the picnic at 3:30pm and performance from 4pm – 6pm. We will be inviting all of our clients, colleagues, and friends to join us on the Patty Sheehan Practice Hole in the heart of Montreux’s beautiful gated and treed community.

 Be sure to bring your low-back chairs to join us for

The real estate market in Incline Village-Crystal Bay is red hot! This spring, the region closed the season by tripling its median home price as more people relocate to the area. The median sales price for a home in Incline Village and Crystal Bay was $2.53 million in April, nearly triple the number from just a year ago according to the data from Multiple Listing Service (MLS).

An increase in demand means that more and more properties are being snapped up quickly. The typical property spent a mere 58 days on market in average in April, down significantly from 200 days in April last year. The Bay Area has brought an influx of cash buyers, leaving their mark on the Tahoe real estate market. Between the appeal of wanting to live in Nevada for the

The wildest, richest rodeo in the west returned last week after a one-year absence: the Reno Rodeo! Kicking off its competition schedule on Thursday, June 17 with their traditional Xtreme Bulls event, it marked the first of Northern Nevada’s major events to make a full return following last year’s shutdowns due the pandemic.

The rodeo has had its full schedule of events as well as no spectator restrictions on attendance, with ten full days of competition and special events. Events will wrap up with finals on June 26 at the Outdoor Arena at the Livestock Events Center.

“The Reno Rodeo has been around for a long time and it’s been an important part of the fabric of our community, not only because of the economic impact to our region, but

Reno Ice opened earlier this year as the area’s first and only NHL-regulation sized ice rink and we are so excited to cool off on the ice this summer!

The long-awaited ice rink located at 15500 Wedge Parkway had been under construction for most of 2020, and the opening date was originally slated for late November. However, due to COVID-19, the completion of the facility was extended into January 2021.

"A group of local business professionals who had been traveling to South Tahoe from Reno on a weekly basis to play in a men’s league recognized the need for a rink in Reno, which is the largest winter sports demographic area without an ice arena," said Joel Grace, president of Reno Ice’s Board of Directors. "With the support of a local, lead donor,

Spring has arrived and people are finding their way back into the world post-pandemic. The first quarter of the year flew by and we are here to share the latest Reno-Tahoe luxury housing market trends.

Read on for all of the juicy details!

Important Q1 Highlights:

• The market was fueled by record-low interest rates paired with demand at an all-time high for single-family homes, resulting in extremely low inventory levels and creating bidding wars across all luxury markets.
• With the distribution of the stimulus money, the stock market has soared and has positively impacted homeowners earning more than $100,000.
• According to Pew Research and Zelman analysis, 88% of those households have stock market investments including retirement

Coming this Fall 2021, the Club at ArrowCreek’s transformation of member amenities will be completed. It all began with a vision to take an established Club to an elevated level. To build upon its strengths and preserve its heritage by enhancing its amenities and raising the level of hospitality.  A privately-owned club, every detail has been expertly sought after to achieve the highest quality in resort-style design, golf facilities, hospitality and culinary arts to create a new Club experience that new and legacy Membership can be proud to call their own for many years to come. 

The first phase of Club transformation started in June of 2018, with the launch of The Club’s resort-style pool deck, featuring luxurious cabanas and relaxed pool-side