Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in…
Author: Benna Mountain Luxury
2019 Year End Tahoe-Truckee Market Update
The dawn of 2020 finds the Tahoe – Truckee real estate market in great condition, with the 12-month totals for volume and total transactions ranking among the most productive ever. Last year gained momentum after withstanding a stalled beginning due to abundant snowfall, wrapping up with the second busiest Q4 on record. While volume and…
Take Advantage of Your Home Equity
Take Advantage of Your Home Equity: A Homeowner’s Guide Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their…
2020 Real Estate Market Forecast:
2 We’re in the midst of the longest economic expansion in U.S. history, and economists think there’s still room to grow. A recent survey by the National Association for Business Economics found that experts believe the U.S. economy will remain positive throughout 2020.1 Still, given that recessions are a natural (and necessary) part of a…
5 Steps to Finding Your Next Home in Reno/Tahoe
5 Steps to Finding Your Next Home Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1 Buying a home is a significant commitment of both time…
Reno-Tahoe Market Update | October
The Meadows is a new community under construction at the intersection of Arrowcreek and Wedge Parkway in South Reno. Photo: Courtesy Ryder Homes Real estate activity throughout Northern Nevada has been on a statistical roller coaster throughout 2019 alternating between growth and regression when stacked against the performance of recent years. From a macro-perspective, the…
Less But Better is Our 2019 Resolution
Happy 2019 to you! We hope the holiday season and ringing in of a New Year brought peace, love and time with your families doing the things you enjoy. Our Christmas season brought about some timely and true realizations that we will carry onward this year. We’d like to share 3 of them with you as…
Reno-Tahoe Market Update | December
A healthy correction to the Reno real estate market continued through November. White hot velocity has tapered to merely red hot 444 residential transactions in the most recent 30 day period; a 2% decrease from the prior 30 day period and a 17% ebb from the prior year. Meanwhile, median pricing remain up…
Benna Holiday Update 2018
We hope you enjoyed a wonderful Thanksgiving. We had a simple evening with family and way too much pumpkin cheesecake. The chilly weather, fresh snowfall and cozy evenings around the fireplace have been making it feel like the holidays snuck up on us. After a very busy year of real estate, we took a much-needed fall break…
Reno-Tahoe Market Update | November
Regression toward the mean is a concept whereby exceptional events give way to more typical events resulting in a predictable pattern over a long period of time. In the case of real estate, the concept applies when extreme market conditions, whether up or down, return to a more balanced position. While these events may feel…