The Reno-Sparks Economic Summit, hosted by Dickson Realty, provided valuable insights into the region’s housing market trends, economic growth, and investment opportunities. With an evolving real estate landscape, rising demand for luxury properties, and strategic urban development, Reno-Tahoe remains an ideal location for homebuyers, investors, and businesses alike.

The State of the Reno-Sparks Housing Market

1. Strong Housing Demand & Market Growth

• The population of Reno has grown by 22% since 2010, with the city now accounting for 54% of Washoe County’s population. (Source: City of Reno)
• Home sales continue to rise, with median home prices in Reno-Sparks reaching $626,432 in Q4 2024 for existing homes and $580,000 for new builds.

Reno-based startup Positron AI has recently secured $23.5 million in funding from Nevada's Flume Ventures, positioning itself to challenge industry leader Nvidia in the artificial intelligence (AI) chip sector. This significant investment underscores Reno-Tahoe's emergence as a hub for innovation and business growth, offering an ideal environment for both startups and established enterprises.

Positron AI's Ambitious Growth Plans

Founded in 2023 by Thomas Sohmers, Positron AI specializes in developing chips and systems tailored for AI workloads, including machine learning and generative AI applications. The recent infusion of capital is set to accelerate the company's operations within Nevada, focusing on the launch of their second-generation product

The housing market is constantly evolving, and as we head into the new year, buyers and sellers wonder what housing market predictions for 2025 are in store. After a few years of volatility, 2025 could be a year of transition and stabilization, especially in Northern Nevada’s unique markets. We’ve gathered insights from Dickson Realty’s market data and analysis, and I’m here to share my perspective on the key factors that will shape the 2025 housing landscape.

Housing Market Predictions 2025: Regional Market Analysis for and Forecast

Reflecting on the 2024 data, what buyer behaviors and preferences might influence the market in 2025?

In 2024, the Reno-Sparks housing market showed strong buyer responsiveness to shifts in mortgage rates, especially

Reno, Nevada, already celebrated as The Biggest Little City in the World, is adding another accolade to its name with the opening of a $5 million state-of-the-art indoor track facility. Located within the Reno-Sparks Convention Center complex, this impressive addition is set to redefine Reno’s status as a hub for sports tourism and economic growth.

A Vision of Growth and Community

The creation of this world-class indoor track has been a labor of love, taking over two and a half years from concept to completion. The custom-designed, portable track was manufactured in Italy and underwent an impressive journey through the Panama Canal and California before reaching Reno. Funded by the Reno-Sparks Convention and Visitors Authority (RSCVA), this

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

Nestled in the picturesque Sierra Nevada mountains, Reno-Tahoe has evolved into a premier destination for luxury real estate, blending the beauty of nature with the vibrancy of an up-and-coming urban environment. With its booming tech sector, thriving culinary scene, and proximity to world-class outdoor adventures, Reno-Tahoe offers an unmatched lifestyle for those seeking both elegance and adventure.

Reno's Cultural and Culinary Renaissance

One of the most exciting developments in recent years has been Reno’s transformation from a casino-centric town to a burgeoning cultural and culinary hub. Thanks to an influx of new talent and transplants, the city has experienced a renaissance, offering residents and visitors alike a vibrant dining scene

Greetings from Reno-Tahoe!

We hope you're soaking up the summer vibes in our vibrant community! The real estate landscape is always evolving, and we are excited to share some key updates on our luxury housing market.

Firstly, you might have heard about the recent National Association of Realtors Settlement, which is bringing some changes to how we search for properties. While we're saying goodbye to old methods, we're quickly adapting to new techniques to ensure you still get the most accurate and valuable information.

Despite a whirlwind of challenges—from the scorching 106-degree heat in Reno last week to the ever-shifting political climate—our luxury real estate market is proving to be incredibly resilient. We are thrilled to report that

In the dynamic tapestry of Northern Nevada's economic landscape, 2023 proved to be a year of both triumphs and challenges, as highlighted in the recent State of the Economy address by the Economic Development Authority of Western Nevada (EDAWN). Held at the Peppermill Resort Spa Casino, this annual gathering brought together investors, businesses, and community stakeholders to reflect on the region's progress and chart a course for the future.

Consumer Confidence and Economic Realities

Brian Gordon, principal of the Las Vegas-based economic research firm Applied Analysis, shed light on the intricate interplay between consumer perceptions and economic realities. Despite a robust median household income surpassing $75,000 nationally, Gordon

In the latest report from a SmartAsset study, it's official: Reno has become the second most coveted destination for baby boomers nationwide. Drawing from the 2022 census data, the study highlights the city's irresistible charm for individuals aged 55 to 74. Let’s delve into the reasons behind Reno's surge in popularity among this demographic and explore why it's emerging as the go-to location for those seeking the perfect blend of luxury, lifestyle, and community.

The Biggest Little City Magnet

Unveiling the Numbers

According to the SmartAsset study, Reno welcomed a staggering 8,329 baby boomers in the last year alone. Impressively, this demographic now constitutes 3.07% of the city's total population, positioning Reno as the second most

The Sullivan-Neal-Gore Luxury Real Estate team was recently recognized by both Real Trends and Dickson Realty for leading the charge with sales volume in Northern Nevada. Brooke Sullivan, Monica Gore, and Heather Neal have been honored as the #1 Best Real Estate Professional Team in Reno, and the #3 overall in the entire state of Nevada. Furthermore, Dickson Realty recognizes the team as the #1 Top Producing Team in the state of Nevada. 

The SNG team represents some of the finest custom home sales in Northern Nevada. They have lived and breathed the luxury real estate market and been long-time members of both Montreux Golf & Country Club and the Club at ArrowCreek. This team knows the market and invests heavily in every new listing, from premium