The Reno housing market reflects the fast growth in the state of Northern Nevada, since there is high demand for quality homes and the housing offered cannot keep up with such demand rates. As it seems, there are a lot of jobs offered in the area and this phenomenon makes Nevada a far more appealing option for those who wish to relocate and start over. So this is the best time for you to sell now and reap the benefits. Reno Property: What to Look for There are many opportunitie...

Since 2015, the prices of Reno property have seen a significant increase. While this could be good news for current homeowners, potential buyers may have to dive deeper into their pockets to be able to afford a home in the  Reno Sparks area. Why is this so? Well, the last two years have seen median income in Reno decrease, according to a research done in the University of Nevada. 

CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity at more than 20%! The report also revealed that 548,000 households regained equity in the second quarter of 2016 and are no longer under water. Price Appreciation is Great News for Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “Home-value gains have played a large part in restoring hom...

There are some real estate experts questioning whether the current pace of homes for sale  is sustainable. Are too many people buying homes  like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market . Some are c...

This Is NOT 2005 All Over Again - Recent research by the National Association of Realtor examined certain red flags that caused the housing crisis in 2005. Reno real estate is changing all the time. Marshall Realty is constantly monitoring the red flags that went unnoticed in 2005. 

Blog Post 8/3 Brexit 1 Month Later: The Impact on Mortgage Rates Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. Even though the UK is pretty far from Reno homes(http://www.marshallrealty.net/smart-home-seller-program-reno/), there was a lot of speculation on how that decision would impact Reno real estate(http://www.marshallrealty.net/personalized-home-value-for-sellers/) along with the U.S. residential m...

Home Sales Index - Bad News or Good News? Two weeks ago, the National Association of Realtors (NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales(http://www.marshallrealty.net/smart-home-seller-program-reno/) based on contract signings. The report revealed that May 2016 numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, but declined year-ove...

Reno real estate(http://www.marshallrealty.net/) is on fire. Supply is low and demand is high which has caused Reno home values(http://marshallsellmyhome.com/) to increase rapidly. One major challenge in the Reno housing market(http://www.marshallrealty.net/personalized-home-value-for-sellers/) is the bank appraisal. If prices are surging, it is difficult for appraisers t

Sponsored Content  Reno real estate has been so hot lately, it's difficult to have a conversation about homes for sale in Reno without mentioning home values. Some have even mentioned a concern over a possible bubble forming. However, home values in Reno can be attributed to a very simple principle: supply and demand. Demand Demand for homes in Reno has continued to increase as the economy slowly moves forward. Recent surveys have shown that over 80% of each generation still b...

Sponsored Content Last week, the Wall Street Journal ran a front page story titled "Housing Recovery Picks Up Steam". The first paragraph said it best: "Home prices are back to near-record highs across the U.S. amid rising demand and supply constraints, a sign that the lopsided housing-market recovery of the past five years is gaining some strength.” What about the struggles in the economy? Some openly question how the real estate market can be gaining ground i...

Some people listing their homes for sale in Reno (http://www.marshallrealty.net/search/) may want to downsize. In fact, a study by Edelman Berland revealed that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the Reno Real Estate (http://marshallsellmyhome.com/) market is hot! Realtor.com addressed downsizing in a recent article recent article...

Sponsored Content Supply and demand is the story of Reno real estate lately. There are more people that want to buy than there are Reno homes for sale. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today's market conditions. Consumer confidence is at the highest level in over a decade. Pair that with interest rates still below 4% and you have an attractive market for buyers. Homes sold in March were on t...

Sponsored Content In Reno Real Estate, homes are selling quickly and prices are rising. This has made a lot of people think ‘I should sell my home. If you are interested in selling your home you may have considered a For Sale by Owner. Here are some things to consider before selling your home without an agent. Be prepared to negotiate.. a lot. Agents, attorneys, inspectors, buyers, appraisers – negotiations happen all the time. Homes need to have expos...

91% of all mortgaged properties are now in a positive equity position according to CoreLogic. Anand Nallathambi, president and CEO of CoreLogic, reported: "For much of the country, the negative equity epidemic is lifting. The biggest reason for this improvement has been the relentless rise in home prices over the past three years which reflects increasing money flows into housing and a lack of housing stock in many markets.” Although this trend is happening right here in ...

Do you own a Reno, Sparks, Carson, or Fernley home and have been thinking about selling? Whether you're looking for a bigger home, a new neighborhood or are relocating due to work, many Reno real estate agents will tell you that now is a great time to sell for a number of different reasons. A few years ago this wasn't the case but the Sparks, Carson, Fernley and Reno real estate markets are recovering and turning into a seller's market meaning you c...

Sponsored Content It's a common misconception, not only in the Sparks, Fernley, Carson and Reno real estate markets but throughout the country, that rent costs less than owning a home. Yes, there are certain expenses that go along with owning such as property taxes, homeowners insurance as well as upkeep and repairs, but when one looks at the bigger picture, over time it actually costs less to own a home instead of renting. Many people that are hesitant to purchase a home from the R...

Sponsored Content Working with a Reno Nevada real estate agent is different than it used to be; in the past, you would rely on a trusted real estate agent for all the information you needed, including homes for sale and home prices in Reno. While this information is now readily available online, it doesn't mean that a trusted real estate agent isn't critical to a successful Reno real estate transaction. What it does mean, however, is that whether you're buying or selling, you need a ...