August, 2022 RSS Icon
Found 3 entries for August, 2022.

Summer may be coming to an end, but fun and exciting events in Northern Nevada are still going strong. September is chockfull of a variety of offerings for any member of the family! Below are just a few of our favorites, with a bonus section of events that occur all summer long. 

 

Best in the West Nugget Rib Cook-Off

August 31 - September 5  |  https://nuggetribcookoff.com 

Often referred to as the championship of rib competitions on the national BBQ competition circuit, the annual Labor Day Weekend event spans more than 6 city blocks in the heart of downtown Sparks, Nevada. 

 

Reno Tahoe International Art Show

September 8 - 11  |  https://www.rtiashow.com 

The inaugural Reno Tahoe International Art Show, held September 8-11,

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The manufacturing worker base hit a record high of 5% of Nevada’s employment landscape. This increase reflects the shift and diversification of the local economy that we have been seeing for the past decade or so. 

 

The Silver State has now exceeded the number of jobs that were within the state prior to the start of the pandemic. The hospitality industry interestingly has remained at 33,000 jobs short of pre-pandemic levels. Economists are unclear if it is due to cost-cutting or if workers have voluntarily left the industry. 

 

Seven companies relocating to or expanding within Nevada will bring hundreds of jobs to the region and pay average hourly wages ranging from $30 to $45. Nevada’s labor force is made up of more than 1.1 million

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Now is a great time for buyers to get into the market! Price reductions, seller concessions, and less competition are giving buyers a bit more leverage as the market begins to shift. Home prices are still at record highs and rising, so for sellers looking to get top dollar for their home, the time to sell is now. Read on for all of the latest details!

 

What's Ahead for Luxury Sales:

  • The luxury market is "normalizing" as rising interest rates, inflation, and economic security have put a damper on demand
  • Swift change at national level has taken longer to reach Northern Nevada
  • In June, the number of luxury homes on the market increased 151% YOY
  • In June, the number of luxury homes sold declined by 12.5%

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