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Found 73 entries about Reno Business Developments.

Thinking of relocating to Reno-Tahoe? We don’t blame you. Northern Nevada is arguably one of the best places to stake your claim in the great 50 states. As one of the fastest growing states in the nation, Nevada has so much to offer and we compiled a list of our favorite fun facts to know about the Reno-Tahoe region.

1) Research your neighborhoods. Whatever you’re in the market for, Reno-Tahoe has it all when it comes to living options. Enjoy the hustle and bustle of city life? Or perhaps looking for a quiet refuge in the forest? Each neighborhood in the area holds its unique charms.

2) Traffic doesn’t (mostly) exist. Rush hour in Northern Nevada mostly revolves around ski or beach traffic after an epic powder day or one of many cloudless summer

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Now residents of Reno-Tahoe can catch a quick, nonstop flight to the Eureka/Arcata community in Northern California. The inaugural flight service is offered by aha!, an airline powered by veteran ExpressJet Airlines, and began on November 9th.

Flights will operate each Tuesday, Thursday, and Sunday departing the California Redwood Coast – Humboldt County Airport at 11:25 a.m. PT and arrive at the Reno-Tahoe International Airport by 12:35 p.m. PT. Flights from Reno to Eureka will depart at 9:30 a.m. PT and arrive at 10:40 a.m. PT.

"We are pleased to begin service from Reno to Eureka, giving travelers in both markets the ability to put together, for example, a short spontaneous two- or three-night trip using lower week-day hotel rates" said

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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

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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

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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

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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,

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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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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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Just in time for summer, the Club at ArrowCreek has ushered in Phase I of its amazing $40 million renovation. The new amenities are world-class, offering the level of upscale service and ambiance you would expect at a luxurious hotel or resort. The best part? It’s right in your backyard.

Under new oversight by leading golf management company Troon, the contemporary Clubhouse facelift features 12.5 acres of outdoor extravaganza. Whether you’re a golf aficionado or just looking to relax, there’s something for everyone. The fully-furnished 15,000 square-foot deck showcases a new 5,000 square foot pool complex with areas to swim or splash in the family, adult, or children’s pools. To elevate your poolside experience, indulge in one of six Cabanas

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Winter Greetings from the Sullivan-Wonhof-Gore Luxury Real Estate Team! Everywhere you look, you see Reno bursting with growth. While it's certainly an exciting time for our region, our housing market has seen a distinct shift in supply and demand. We are currently experiencing an all-time low for inventory, which makes for an appealing time to take advantage of this Seller's Market. Join us for a quick read as we share the latest market report, industry updates, and neighborhood listings.

The Year-End 2019 Luxury Market Report just dropped. We saw positive momentum in all categories; notably, the Average Days on Market saw a significant decrease of nearly 14% with 170 days in 2019. To read the report in its entirety, please click here. 

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