Real Estate Market Update and Graphs

This week national real estate news has indicated a more optimistic outlook than previous weeks.  On May 4th Zillow Forecasts a Dip in Home Prices, Rebounding By Next Year.  In summary, this forecast predicts a 2 to 3% drop in prices through the end of 2020, followed by a slow recovery through 2021 with prices Read More …

Reno Real Estate Single Family Median at $377,500 and Days to Contract 63 Days.

Reno Real Estate Single Family Homes stats for December 2018 (current month on image is the last full calendar month).  Median Sold Price is down 4% from November 2018; New Listings are down 38% over November 2018; Months Supply of Inventory is up 103% over December 2017; and Days to Contract is up 6% over December Read More …