Fall in Full Swing: Northern Nevada Luxury Real Estate Q3 Highlights

Posted by Jackie Latragna on Tuesday, October 29th, 2024 at 7:20pm

As we have transitioned into fall, Northern Nevada’s beauty has been shining brighter than ever. The warm September and October weather allowed more time to enjoy hiking, outdoor adventures, and the stunning landscapes that make our region special!

Northern Nevada's luxury real estate market remains robust. The stock market's positive performance, coupled with signs of easing interest rates, is boosting confidence among high-end buyers. Despite inflationary pressures, our market continues to attract attention and activity.

With the upcoming election, some may wonder about its potential impact on real estate. History suggests that presidential elections have minimal influence on home prices; since 1988, average home price growth during election years has been 4.4%, nearly identical to the 4.5% seen in non-election years. While this election season may feel different, the luxury market has consistently shown resilience in uncertain times.

Read on for all of the latest details!