Housing Shortfall is Projected for Reno Sparks Region

EDAWN (Economic Development Authority of Western Nevada) projects a significant housing shortage for our area if new housing growth doesn’t pick-up substantially.  Based on their EPIC report, new jobs will outgrow new housing by 20,000 units within the next three years.   The EPIC Report’s scenario B, which forecast for 5,400 new jobs in the Read More …

Nevada Housing – Home Is Possible for Teachers. Teacher Home Buying Program

The Nevada Housing Division has announced the HIP (Home is Possible) home buying program for teachers!  Nevada Housing writes: To help Nevada communities recruit and retain teachers, NHD has introduced a new program, HIP For Teachers, which offers Nevada’s K-12 teachers $10,000 in bonus money toward the purchase of a new home.  In addition to Read More …

4% Down Payment Grant for Washoe County

The Nevada Housing Division recently announced the “Home is Possible” Down Payment Grant Program. This is a 4% grant towards down payment and closing costs for qualified buyers. Some of the qualifications are : Minimum credit score of 640 for government insured loans and 680 for conventional. Income below $95,500 Home price below $400,000 More Read More …

Dealing with Financing

As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved. Read More …

Preparing to Sell

Selling your home doesn′t just mean hiring a realtor to stick a sign out front. There are a lot of preparations you should make to ensure you get the best offer possible in the shortest time. Repair. Just because you’ve gotten used to the cracks in the walls and the rattles in the radiators doesn’t Read More …

5 Tips for Buying a Home

Looking to buy a home? Here are five essential tips for making the process as smooth as possible. Get your finances in order. Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lender Read More …

Apple, Tesla, Switch. They are all coming. And the list goes on!

Lots of great companies moving into the Reno Sparks area. Apple, Switch, Tesla, Clear Capital, Panasonic….and many more. Each week it seems another company is announcing plans to relocate to our area! Check out this great video produced by EDAWN (Economic Development Authority of Western Nevada). What does this mean for our Real Estate Market?