Tight supply throughout all segments of the Reno-Tahoe real estate market has generated substantial pricing gains while suppressing the total number of sales. Ten weeks’ supply-constrained the total number of…
Author: MtnLux
Reno-Tahoe Market Update | February 2021
The 2020 real estate bonanza that dominated the last year shows no signs of abatement in the early days of a new year. As certain segments continue to rebound while…
Reno-Tahoe Market Update | January 2021
In a year that defied simple descriptors, the performance of Reno – Tahoe real estate leaned heavily to the good in 2020. The early days of the pandemic had a…
Reno-Tahoe Market Update | November 2020
The Reno – Tahoe area has proved itself to be as creative as it is resilient in dealing with the realities presented by 2020. What had been the nation’s fastest…
Reno-Tahoe Market Update | October 2020
Much has been made of the booming real estate sectors in all but a few metropolitan markets throughout the nation. As the public has settled into a new normal in…
Reno-Tahoe Market Update | August 2020
Real estate in the Reno-Tahoe area took a mighty step forward in July shaking the malaise of quarantine. Nearly 1,200 residential properties traded hands during the month, a healthy 12%…
Reno-Tahoe Market Update | July 2020
Real estate in the Reno-Tahoe region continues to shake the rust of quarantine posting results greatly accelerated from previous months. 1028 residential transactions closed in June 2020 representing a 35%…
Reno-Tahoe Market Update | June 2020
May, 2020 provided the first opportunity to comprehensively evaluate the impact COVID-19 is having on the Reno-Tahoe real estate market. After years of solid, consistent growth, shelter-in-place orders have…
Reno-Tahoe Market Update | May 2020
The most recent 30-day period gave the first glimpse of that impacts stay-at-home orders are having on real estate in the Reno-Tahoe area. Many theories have abounded ranging from recession-level…
Reno-Tahoe Market Update | April 2020
At its core, real estate is about community. Market conditions will vary between hot and cold but times like these reveal the bonds that tie our area together. While real…