Floodplains and Reno-Sparks Homes

If you are thinking about purchasing a home, it is important to know whether a property lies within a floodplain.  There are thousands of lots in Reno and Sparks located within both 100-year and 500-year floodplains as designated by FEMA.  If your next home is in a FEMA floodplain,  your lender will require flood insurance Read More …

Reno Sparks Real Estate Inventory – Seller’s Market for last 5 years.

MSI (Months Supply of Inventory) is an indicator used to determine Buyer or Seller Markets.  Markets with lower inventory are considered Seller Markets.  Markets with higher inventory are considered Buyer markets.  A balanced market is generally considered to be between 5 and 6 months of inventory.  The Reno-Sparks real estate market has been in a Read More …