Real Estate Blog

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
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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

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There’s no secret that Northern Nevada is a wonderful place to live. One of the biggest draws of the Silver State has been its historically low tax structure.

The Private Bank by Nevada State Bank released the latest edition of its High Net Worth Report series last fall and it outlined the tax benefits for high-net-worth households in Nevada.

Below are just a few highlights from the report:

  •          In Nevada, a household with an annual income of just over $600,000 can expect to save an estimated $70,000 each year in total taxes paid compared to California.
  •          A majority of the relative tax burden for households in California is related to state income taxes. By living in Nevada, which has no state income tax, high net worth
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Located in an enchanting Tahoe Woodland setting bordering the Toiyabe National Forest within the prestigious Montreux Golf & Country Club, this remarkable two story home at 5875 Lausanne Drive enjoys the highest level of custom finishes. Amply sized with 7,676 square feet, four en-suite bedrooms, five full bathrooms, two half bathrooms, and a five-car garage all appointed on a spacious 1.03 acre lot with epic views of the iconic Mount Rose. 

Perfect for entertaining, this home has an expertly appointed Chef’s Kitchen with dual islands, a butler & a walk-in pantry with granite countertops, newer appliances, and beautiful upgraded cabinetry. The kitchen opens up to a welcoming den with high vaulted ceilings and large windows, allowing plenty of

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As the Montrêux real estate experts, the Wonhof-Sullivan-Neal-Gore Luxury Real Estate Team demonstrates Dickson Realty’s commitment to creating extraordinary experiences for clients and community members in Northern Nevada.

Monica Gore, Heather Neal, Brooke Sullivan, and Rob Wonhof collectively offer unparalleled levels of integrity, knowledge, marketing, and negotiation skills to the Reno-Sparks market. In 2020, their team sold 53 housing units and about $102.4 million in residential volume production.

With more than 35 years with Dickson Realty, and 25 with the Montreux team, Rob has reduced his full-time commitment and is now working at the Dickson Damonte Ranch office. His dedication to custom housing developments helped set the benchmark for

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A seller’s market arises when demand exceeds supply, meaning there are too many interested buyers for the real estate inventory. With fewer homes available, sellers are at an advantage and home sales are happening fast. Buyers are experiencing a higher level of competition than normal. As a buyer – what do you do?

Northern Nevada has a challenging real estate market due to low housing supply and incredible job growth in the area. Our team of experts has over 35 years of combined experience in the luxury market and we wanted to share a few tips with you to help you gain an edge as a competitive buyer.

 

  1.        Get Pre-Approved

In this seller's market, it's not unusual for your offer to be up against many others and it’s critical to get

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Reno Tahoe is blessed by more than 300 sunny days per year and the spring is no exception! Enjoy the fresh blooms of a new season with snowy mountain peaks still beckoning to our ski community. Whether you’re enjoying fresh air or taking a dip in our many surrounding lakes, it’s easy to find your perfect oasis in Northern Nevada. Where else could you ski in the morning and golf later that afternoon? Or hike to a summit then enjoy a walking art tour through Midtown? Plan your ultimate day of adventure in Reno Tahoe and you will not be disappointed.

 

Hit the Slopes

The winter snowpack has been generous, which means that the high elevation of Tahoe will boast snowy slopes for months to come. Lake Tahoe ski resorts offer everything from snowboarding

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The founders of Dickson Realty envisioned a symbiotic relationship with the community. As our region has grown, Dickson Realty has been a proud partner in the challenge to improve the overall quality of life for everyone. Our passionate commitment to our community is reflected in service.

Over 325 owners, agents and employees are dedicated to giving back to the neighborhoods we helped to build. We support communities that serve you, plain and simple.

In the coming months, there will be additional phases and opportunities rolling out with the Dickson Community Fund, including:

  •          a page on the website with great statistics and information about the Fund and its purpose
  •          a form for the public and our clients to contribute
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We hope that you and your family are staying safe and healthy as we have closed out 2020 and its tremendous challenges. We are looking forward to what 2021 has to bring and feeling hopeful for the future!

Last year we saw some big changes in luxury real estate trends. First, the Luxury Market in 2020 in Northern Nevada has been completely redefined due to the influx of Californians leaving the state and staking their claim in Reno-Tahoe. This means that we saw the number of properties priced and sold at $1,000,000 and up increase by a large margin. Many buyers are also offering anywhere from $5,000 to $100,000 over listing price, making the market a dream for sellers. Inventory has been at an all-time low and now’s an incredible time to sell your home

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Where in the world can you soak up phenomenal alpine views and enjoy renowned outdoor recreation in all four seasons? Why, Incline Village of course!

Snow enthusiasts know that we are in the best part of winter and this has spurred an interest in the Incline Village real estate market. With the changes from the pandemic at top of mind, people are looking to switch from urban living to the expansiveness of the Sierra Nevada landscape.

An influx of buyers coupled with quickly moving inventory makes Incline Village real estate a hot market for both sellers and buyers alike—even when temperatures drop. In December 2020, 92 single-family homes and condos were available on the market—a 48.6% decrease year over year. So, it’s no surprise that the available

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