How Interest Rates Impact The Price of House You Can Afford

Freddie Mac’s last Primary Mortgage Market Survey reports that interest rates for a 30 year fixed rate mortgage are currently at 4.61%.  The interest rate that you lock when buying a home, not only impacts your monthly payment but also your purchasing power – or price of home you can purchase. Purchasing power, is the Read More …

6th Annual Shredding Event – Sierra Shreds for Earth Day April 14th

Bring your documents to shred at Sierra Nevada Properties 6th Annual Sierra Shreds / Earth Day Event taking place Saturday, April 14th, 2018 between 10am and 1pm. This event is free, however we will be collecting donations to My Hometown Heroes, a non-profit organization designed to provide scholarships for young adult cancer survivors between ages of Read More …

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 …