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Found 69 entries about Reno Real Estate.

Buyers, you can finally take a breath! Sales in Q3 have not slowed down, however there has been a 74% increase in inventory since the first of the year. Home prices are expected to stabilize with fewer bidding wars as we head into the new year.

Read on for all of the latest details!

What's Ahead for Luxury Sales:

  • The luxury real estate industry is poised for a strong finish to 2022.
  • Luxury Portfolio International member firms are cautious in the face of the many factors affecting the luxury markets that are out of our control. But even with economic worries, buyers are still interested in purchasing luxury homes and still have a high level of confidence in their personal finances.
  • The international buyer segments are slowly
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The housing market has been cooling down recently, however many home shoppers are still on the lookout for their perfect property. Many are watching the market closely and the past few years have been anything but predictable. From contradictory signals and dead ends to what can seem like never-ending guesswork, having a qualified real estate agent in your corner is more vital than ever. 

 

The data team at Realtor.com combined several important indicators and metrics to create a list of the best cities for American homebuyers right now. It comes as no surprise that Reno, NV comes in at number 7 on the list.

 

In order to come up with the above “buyer’s bonanza” ranking, the data team analyzed housing data from the nation’s 250

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Now is a great time for buyers to get into the market! Price reductions, seller concessions, and less competition are giving buyers a bit more leverage as the market begins to shift. Home prices are still at record highs and rising, so for sellers looking to get top dollar for their home, the time to sell is now. Read on for all of the latest details!

 

What's Ahead for Luxury Sales:

  • The luxury market is "normalizing" as rising interest rates, inflation, and economic security have put a damper on demand
  • Swift change at national level has taken longer to reach Northern Nevada
  • In June, the number of luxury homes on the market increased 151% YOY
  • In June, the number of luxury homes sold declined by 12.5%

Click here to read the

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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

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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.
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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,

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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

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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
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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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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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