Real Estate

The Reno-Sparks Association of Realtors and Sierra Nevada Realtors are joining forces and will now operate as a single organization, representing six northern Nevada counties. The new organization, the Sierra Nevada Realtors, will support 3,700 member-realtors with streamlined services and provide home buyers and sellers with a single place to understand how to best utilize a realtor as they navigate the rapidly evolving housing market.

According to Dickson Commercial Group (DCG), Sierra Nevada Media Group has sold the 90,056-square-foot industrial building located at 580 Mallory Way in Carson City for $11.3 million.

The property has been home to the Nevada Appeal since 2002.

Open House this Sunday @ 107 Lake Glen Rd.
Highly sought after townhouse community located on Lake Glen with heated pool.
2 Bed 1.5 Bath
From 1-3 pm 9/25/22

The first new resort hotel development in the last 50 years in Tahoe City, California, is scheduled to begin construction in the spring of 2023. The fully approved “Tahoe City Lodge” will include 40 hotel rooms and 65 resort condominiums.

Chase International showcased 30 of America’s most prestigious estates during their 26th Annual Luxury Estates Tour. Through an immersive multimedia website, thousands of viewers saw an inspiring sense of the Lake Tahoe and High Sierra lifestyle through exclusive guided tours, 3D architectural walk-throughs and live interactions with luxury listing agents.

Greater Nevada Mortgage (GNM), a wholly owned subsidiary of Greater Nevada Credit Union (GNCU), is one of a select number of mortgage lenders participating in the Federal Home Loan Bank of San Francisco’s Workforce Initiative Subsidy for Homeownership (WISH) program. Through the program, eligible low- to middle-income homebuyers in Nevada may qualify for 4-to-1 matching grants of up to $22,000 in down payment assistance.

RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows Northern Nevada apartment rents are still rising, but at a much slower rate than they were last year.

Corcoran Global Living Presents Open House Poker Run on Saturday, July 16, 10am to 1pm. in Carson City. No fee to enter for a chance to win a $250 Dukes Gift Card.

Participants must register with name, address and phone number at one or more properties.
Receive one card at each property and submit your best hand of 5 cards at the last property you visit. *email info@smithteamnv.com for rules and a map of participating houses or pick up information at one of the homes on tour*

1401 Peters St, $378,800 Hosted by Brenda Collings S.179788 775-691-9371

Buying a home is never a small endeavor. With so much information out there, many people may not be able to tell fact from fiction. Lending experts at Greater Nevada Mortgage recently shared the top myths they hear and offered advice for where people can get the most accurate information before starting their home buying journey.

There will be a Homebuyers Workshop for those who want to learn about the home buying process and homebuyers assistance program. The Homebuyers Workshop is April 6th 5:30pm., 2310 S. Carson St. Ste. 7B.

LAS VEGAS – Affordable Concepts, Inc. has been selected to be the general contractor for the expansion at the Care Meridian skilled nursing facility in Reno.

RENO — A report released this week by the Nevada State Apartment Association shows Northern Nevada apartment rents starting to stabilize during a period of unprecedented growth in the local apartment market.

The distinguished community of Incline Village, Nevada, is now home to “Nine 47 Tahoe”. Nestled on the northeast side of Lake Tahoe, Nine 47 Tahoe is the first mountain modern luxury condominium development in Incline Village providing owners with a limited unique opportunity.

Ground-breaking on the 40-unit community is scheduled for spring 2022. It is located on two acres on the corner of Tahoe and Southwood Boulevard.

The real estate market continued to document that the urge to invest in a more peaceful lifestyle is not over through Lake Tahoe’s Nevada and California markets as well as the Reno/Sparks region in Nevada. The Lake Tahoe market had record-breaking appreciation numbers but was down in units sold and overall volume compared to 2020. The Reno/Sparks and Valley region saw exceptional growth with a slight decrease in units sold. Chase International continued to record above the norm home sales and home prices, according to its Year-End Report.

GARDNERVILLE, Nev. – Carson Valley REALTOR, Ginger Easley of RE/MAX Realty Affiliates in Gardnerville, NV, was recently honored with the RE/MAX Lifetime Achievement award. The award has been achieved by less than six percent of all active agents in the RE/MAX network.

Easley has been a REALTOR with RE/MAX since 2008 and focuses on residential home sales across northern Nevada.

Adam Contos, CEO of RE/MAX said this prestigious honor is the result of Easley’s “phenomenal accomplishments” through her many years at RE/MAX.

Keller Williams Realty, the largest real estate franchise by agent count and sales volume in the U.S. announced today that it has expanded its network to Carson Valley with the opening of Keller Williams Group One Inc. at 1663 Hwy 395 N, suite 100. They have over 300 Realtors serving northwestern Nevada.

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price.

LAS VEGAS – The Private Bank by Nevada State Bank released the latest edition of its High Net Worth Report series today. Issue 1 of 2021 provides a summary of trends in the luxury housing markets in Southern Nevada and Northern Nevada. This issue includes an analysis of broad market-level trends in sales and prices as well as a more focused look at the neighborhoods where these high-value transactions took place in 2020.

Highlights from the report include:

RENO — A report released this week by the Nevada State Apartment Association (NVSAA) shows apartment demand in the Reno-Sparks area has not only matched the strong levels of recent years but has actually accelerated.

In looking to sell a home quickly and as painlessly as possible, the home seller must go through a process of removing the owner’s (or tenants’) presence from the house. This process is known in the real estate industry as “neutralization.” A more appropriate moniker for neutralization is “depersonalizing.”

Huntington & Ellis, home to some of the best realtors in Las Vegas, is #1,263 on the INC 5000 Fastest Growing Companies in America. It has grown 355 percent from 2016 to 2019.

RENO – The Nevada State Apartment Association, the voice of the multifamily housing industry in Nevada, announced the winners of its 7th annual Northern Nevada Jewel Awards honoring industry excellence.

During the COVID-19 crisis, real estate transactions are still happening. People are still looking to buy homes and others are still hoping to get theirs sold.

The real estate industry has been deemed essential and there are many safety measures local Realtors are implementing for the benefit of their clients and the community.

It’s a difficult time for everybody, especially those whose health has been affected by the pandemic. It’s difficult for the brave healthcare workers putting their lives at risk trying to heal the sick, and it’s difficult for the men and women spending their days and nights keeping people fed, keeping shelves stocked, making sure supplies are delivered, floors are cleaned, and everything in between.
And, it’s probably a difficult time for you too.

When purchasing a home, the process and financial requirements can seem daunting. There are many resources specific to our local area that are in place to ensure buyers have success and confidence in their purchase.
Kyle Rush, senior loan officer at Guild Mortgage in Carson City, says the first, most critical step of preparing for home ownership is education, most often by meeting with a knowledgeable loan officer.

March is here and that famous groundhog saw his shadow, a recent article on CNBC suggests spring will arrive early this year — at least when it comes to the housing market. In fact, some are speculating that January may very well be the new April.

What’s causing this already-busy buying season to kick off ahead of schedule? Low inventory and rising home prices are spurring house hunters to come out of hibernation months before they previously would have.

The temperatures may be dropping outside—but for house hunters, things are just about to start heating up.
First, let’s look at the numbers for Carson City in 2019:
How did the housing market do in 2019?

Charming and Unique Farm House. Hosted by Alisa Andrews S. 0188676

The US Census defines cost-burdened households as a household that spends at least 35 percent of their monthly income on household costs (including their mortgage, utility bills, property taxes, and other costs associated with homeownership). In other words, cost-burdened households are households that may feel a significant financial strain (or burden) as a result of owning their home.

Krisha Caraway with Valley Realty and Management is hosting a food drive to benefit Food For Thought in Carson City. The food drive runs now through Dec. 21 and items can be dropped off between the hours of 9 a.m. to 5 p.m., Monday through Friday to her office in Valley Realty and Management located at 302 E William Street.

Or you can call, text her at 775-400-6650 to schedule a pick up and she will come to you.