Reno Real Estate RSS Icon
Found 66 entries about Reno Real Estate.

Economic and demographic factors often play a large role in the achievement of the American Dream of owning a home. Millions have this common goal, however the economy can be a limiting or improving factor. Even with a recent pandemic, the United States homeownership rate stood at 65.5% in 2021.

 

ZeroDown, a real estate platform, analyzed data from the Census Bureau’s Housing Vacancies and Homeownership Survey to determine which states have had the highest growth in homeownership over the past ten years. To break any ties, data from 2021 was used. 

 

The homeownership rate is defined as the share of houses in the state that are owner-occupied as opposed to being rented or operated as an investment property. The numbers below are actually

349 Views, 0 Comments
Read Full Post

Spring is here and we can feel the buzz of excitement in the air. The first quarter of 2022 was strong for luxury sales. More homes came on the market this year than last year, but they are selling more quickly. The market is no doubt more competitive than ever as Northern Nevada continues to be the ultimate place to live on the west coast.

Read on for all of the latest details!

 

What's Ahead for Luxury Sales:

  • First quarter luxury sales, homes sold for $1 million and above, were up 42.2% over the first quarter of 2021
  • Listing in the spring months (March - May) is the best time for sellers in 30 of the 35 largest U.S. metro areas to get the highest price
  • Work-from-home opportunities and low state taxes continue to prompt U.S.
242 Views, 0 Comments
Read Full Post

Source: Dickson Realty

Published on February 22, 2022 by Beau Keenan

The economy in Reno and Sparks has grown significantly over the last decade, and it’s had a significant impact on the people, businesses, jobs, and communities in the greater Northern Nevada region. And while this growth has benefited the economy with robust, evolving industries and greater personal wealth, it has also raised critical questions about city infrastructure, workforce turnover, and housing affordability.

These are all questions Dickson Realty addressed during its annual Economic Summit, where Brian Bonnenfant, the Project Manager for the Center for RegionalStudies at the University of Nevada, served as one of the keynote speakers. With his in-depth knowledge,

186 Views, 0 Comments
Read Full Post

In 2021, the team at Luxury Reno Homes produced top results in Reno-Tahoe luxury real estate.

Working together as one, Brooke Sullivan, Monica Gore, and Heather Neal bring more than 35 years of diverse luxury sales experience to the table. Not only do you get three agents for the price of one, but they offer a database of 10,000 qualified clients that are looking to buy.

In each neighborhood that they represent, they have represented more transactions than any other agent on both buyer and seller sides. With a strong list of qualified buyers, they can make deals happen oftentime before properties even hit the market.

Dickson Realty has awarded Luxury Reno Homes as the Number One Top Producing Team in 2021.

 

The Club at ArrowCreek

213 Views, 0 Comments
Read Full Post

How will luxury sales trends change this year?

The 2021 Luxury Trends report has arrived and what a year it was. The luxury real estate buying boom, which started in 2020, grew frantic in 2021. In both years, luxury buyers headed to less populated areas to escape pandemic fears and restrictions and gain some much needed space while spending a lot of their time at home. 

Read on for all of the latest details!

What's Ahead for Luxury Sales:

  • Low standing inventory which will continue to increase (or maintain) prices
  • New construction for luxury homes will be hampered by supply chain issues, rising cost of materials, and labor shortages
  • Most, but not all, luxury buyers will want a move-in ready home with little to no remodeling or updating
302 Views, 0 Comments
Read Full Post

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

529 Views, 0 Comments
Read Full Post

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

942 Views, 0 Comments
Read Full Post

We are incredibly excited to share that we will be a sponsor for Montrêux Golf and Country Club’s very own Concert on the Green again for the 20th year! The Concert first kicked off in 2001 and has run every year since, with the exception of 2020 due to the COVID-19 pandemic. Dickson Realty has sponsored the event every year that it has taken place and we couldn’t be more honored to continue with the tradition. The concert returns this year on Sunday, September 19, with the picnic at 3:30pm and performance from 4pm – 6pm. We will be inviting all of our clients, colleagues, and friends to join us on the Patty Sheehan Practice Hole in the heart of Montreux’s beautiful gated and treed community.

 Be sure to bring your low-back chairs to join us for

621 Views, 0 Comments
Read Full Post

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

1075 Views, 0 Comments
Read Full Post

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
777 Views, 0 Comments
Read Full Post

What's Your Home Worth? Find out now, for Free.

Let's Go