Energy Savings and Buying a Home

There are currently no standards when it comes to home valuation and energy features, but “going green” and saving money on energy consumption is something that Buyers need to consider.  It is very easy for home buyers to concentrate solely on the monthly house payment when in reality there are many other costs associated with Read More …

Reno Sparks Real Estate Market Statistics for July 2017

Monthly market statistics have recently been released by RSAR (Reno Sparks Association of Realtors) through July 2017.  Homeowners will be pleased to know that our median price is up to $357,500.  That is just 2% below the peak in January 2005!  Inventory conditions also are strongly in Sellers favor, with only 1.6 months of inventory on Read More …

Cost of Reno Rent Has Increased 10%…and Rising

News 4 & Fox 11 reports that “The cost of rent has increased 10 percent over the last year and is expected to rise, according to the Nevada Housing Division”. According to local Builders, the median cost of rent in Reno and Sparks is above $1,000 and expected to increase by 4% in 2017.   Read More …

856 N University Park Loop, Reno, NV 89512

4 Bedrooms, 3 Bathrooms, 2305 square feet in University Ridge.  $425,000. Large four bedroom home in University Ridge with lots to offer! Kitchen features upgraded wood cabinets and granite counters with an island breakfast bar and stainless gas range. Kitchen is attached to the family room area with beautiful stone surrounded gas fireplace, plantation shutters Read More …

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 …

Home Loan Application. Why So Much Information Required?

We are commonly asked why so much borrower information is required by the financial institutions for a home loan application when purchasing a house today. These days the financial institutions need to understand everything about our finances, and can sometimes call for three different sources to validate each and every item on the application form. 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 …