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Found 93 entries about Reno Economy.

Reno-Tahoe has just become even more connected—and more luxurious—thanks to new seasonal flights from JSX, the semi-private charter service offering a first-class experience without the hassle of commercial terminals. Starting June 19, JSX has launched four-times-a-week seasonal flights to both Las Vegas and Carlsbad, California, giving travelers in and out of the Reno-Tahoe area an elevated, streamlined travel option for the summer.

With a growing demand for outdoor getaways and luxury travel, these new routes make it easier than ever for vacationers, second-home owners, and business travelers to experience the best of Lake Tahoe, Reno, and the surrounding region—without the stress of long lines or crowded terminals.

What Is JSX?

JSX, formerly

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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.
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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

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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

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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

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Greetings from Reno-Tahoe!

To our friends, clients, and colleagues in 2024 - we wish you a wonderful start to the New Year! We have been the recipient of much-anticipated snow in the mountains this month and all the skiers have been busy shredding the slopes. Here in the Reno area, we've had a little bit of rain, a little bit of snow, a little bit of sunshine.

On the real estate side, 2023 was a solid year for the luxury market in Northern Nevada. In the Reno-Sparks area, sales from January to December 2023 matched the number of luxury homes sold in 2022. (At Dickson Realty, we consider $2,000,000 as the starting price for a luxury home in our region.)

In both 2022 and 2023, 98 homes were sold. Comparing the two years, sales price in 2023 saw

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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

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This stunning custom home features a sparkling pool in the private backyard, inviting the ultimate in indoor/outdoor entertainment.

Enjoy mostly main-level living in this four bedroom, 3,781 sq. ft. home, with just one bedroom, full bath, and a loft perched on the second floor.

With over $230,000 in recent improvements, the new resident of this home will enjoy a new roof, recent kitchen and bathroom remodels, new carpet, a renovated pool house, new landscaping, a new driveway, new light fixtures, a new fireplace, and much more! 

The extensive kitchen remodel showcases new upscale appliances including a Wolf 6-Burner range with griddle, Monogram refrigerator, KitchenAid dishwasher and trash compactor, and GE double ovens.

A

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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

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The Dickson Realty Economic Summit this month brought together regional experts and real estate agents to discuss the Nevada real estate market. Around 200 agents attended the event at the Nevada Museum of Art and the company’s top team members were also honored.

“The Economic Summit has become part of Dickson Realty’s DNA and culture,” said Nancy Fennell, Dickson Realty CEO and owner. “The information agents take away from the event helps them help their buyers and sellers navigate the market and build strong relationships and a stronger community.”

The summit featured speakers who explored how local and national factors impact the housing market and regional economy. What will 2023 bring? The market in Northern Nevada is strong amongst

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