Thank to the Reno/Sparks Association of Realtors for the updates home sale statistics for February 2014. You can view the full report by clicking the picture to the right and below is a brief explanation of the main data. Median sales price jumped up to $235,000. A 6.8% jump from January 2014 and up 23.6% from Feb. 2013. This is the highest amount since the bubble. The biggest jump came from regular sales at 8.1%, REO/bank owned fell 2.1%, and short sales went up 1.7%. Remember, normal market appreciation is 3-5% per year. Units sold was up 7.1% from last month which is typical because we're leaving the slower cold month market. There were 548 new listings. 79% were regular sales, REO/bank owned 6%, short sales 13%, 1% were other. Good news for all as sellers are able to sell without sh... 03/14/2014

Reno Real Estate Market in February 2014 Spring is in the air.  The sun is just now beginning to peek its shiny face out from behind the clouds.  The Reno real estate market in February 2014 saw a slight change from the previous month. While the number of active Reno listings has remained similar to those in January, the mix of homes on the Reno real estate market in February 2014 has made an interesting shift.  For example, short sales now make up 30% of the Reno real estate market...a 6% decrease over the previous month.  Also, Reno homes for sale in the $400,000-$500,000 and $600,000-$700,000 price range have seen double digit increases (20% and 24%, respectively).  This seems to indicate that Reno Sellers are confident enough in the market that they believe their homes are now worth... 03/10/2014

These two local ladies are looking for a little help to get a new business up and running here in Reno, NV. Haley Wood and Jessie Watnes, owners of GourMelt Grilled Cheese Truck in Reno, Nevada. They have a long history in food service, and opened GourMelt in May 2011 with amazing results. GourMelt has been locally ranked as the #1 food truck in Northern Nevada for three consecutive years and nationally ranked as one of the top food trucks in the country. Their sandwiches are sooo delicious. Their next goal is to open a brick and mortar restaurant. That goal will be achieved with a new breakfast spot in Midtown Reno called Two Chicks. Check out their video below to learn how you can help them get started:   03/03/2014

Reno Video Contest 2014 Our city isn't known as the Biggest Little City in the World for nothing.  Reno has become so much more than just a place to stop and gamble on your way to somewhere else.  To help Reno residents and guests navigate the multitude of activities, events and local news happening throughout the city every day, Reno.gov has revamped its website to be much more user-friendly.  They want to know how you are using the new site to your advantage by holding a Reno Video Contest 2014.  What: Reno Video Contest 2014By: Reno.govDeadline: 10am on April 1, 2014Submit to: City of Reno Facebook page For the Reno Video Contest 2014, contestants simply need to submit a 30 second Instagram, Vine or YouTube video telling the City how you use Reno.gov to your advantage.  Whether you'r... 03/03/2014

Since June of 2013, we have seen a leveling in Reno-Sparks homes median price that has continued into January 2014.   Summary A month-over-month decrease in median home prices in Reno-Sparks is following the settling trend we have seen for the past eight months. Reno-Sparks Median Home Sales Price January 2014 median price was down -4.3% to $220,000 compared to $230,000 in December 2013 and up 21.3% compared to $181,300 in January 2013. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno-Sparks Homes Sold January, 2014 homes sold was down -29.8% to 346 compared to 493 in December, 2013 and down -3.9% compared to 360 in January 2013. Reno-Sparks New Listings January, 2014 new listing... 02/27/2014

Below is a video of the market report posted last week...       Cell: (775) 750-1437 Email: Ricky@RickyBeach.com Website:www.RickyBeach.com   02/24/2014

Reno Doctors' Wives Rummage Sale 2014 Who doesn't love a bargain?  When you can save money AND help others in the Reno community, it makes that bargain even better.  That's exactly what the Alliance to the Washoe County Medical Society (AWCMS) believes.  The Reno Doctors' Wives Rummage Sale 2014 takes place this Saturday, March 1st where there will be bargains galore! What: Reno Doctors' Wives Rummage Sale 2014Where: Reno-Sparks Livestock Events Center, Exhibit HallWhen: March 1, 2014 8am to 4pmCost: $3 per adult, FREE for children 17 and underContact: AWCMS (775) 829-1303 The Reno Doctors' Wives Rummage Sale 2014 is the latest in one of the most popular of the AWCMS events in the Reno area.  Thanks to the generous donations of its members and the community at large, all proceeds from t... 02/24/2014

      North Valley Home For Sale                         Overview Maps Photos Features Open House                                                   $285,000 Single Family Home Main Features   4 Bedrooms2 BathroomsInterior: 1,886 sqftLot: 13,733 sqft   Location     7540 Crest Bluff CourtReno, NV 89506USA                     Terrie Leighton   Ferrari-Lund Real Estate(775) 846-5424Terrie@Terrieleighton.comhttp://www.terrieleighton.com       Listed by: Ferrari-Lund Real Estate          Our recent listings   North Valley Home For SaleLot For Sale In Reno, NV             Subscribe to our listing feed                Nearby  properties for sale       02/21/2014

There is a deadline approaching. March 1st is the deadline for Nevada Business licenses. I have heard that the Secretary of State is going to take the license holder information from the Real Estate Division and cross reference it against thier business license records and those who are in non compliance will be forwarded to the State Attorney Generals Office to face penalties. These can be as high at $10,000. Wow looks like it could get serious. A recent talk given by NVAR Counsel confirmed this. I wonder once these are filed how many local Jurisdictions have access to this info and will start looking to those doing business in their jurisdiction to come on down and get a license. According to the NVAR Independent contractors do not fall under home based business and are required to co... 02/21/2014

Thanks to Ticor Title and Erin Schiller for the foreclosure statistics from January 2014. You can read the full report and commentary by clicking the picture to the right. Below is a brief snippet. Notice of Defaults (start of foreclosure) were up 3 compared to last month. No major change as SB321 is still keeping foreclosures down. Notice of Sales (house sent to courthouse auction) were up 58 to 190 which is somewhat of a jump but many of these are being postponed due to short sales and loan mods. Trustee Deeds (the house sold at the courthouse) were two up from December but still lower than what we've seen in the previous months. New REO listings jumped up to 47 but most of these are overpriced and are already starting to reduce price. For more information on buying or selling in Reno... 02/21/2014

Rule the Road Reno 2014 In the market for a new vehicle?  Not sure exactly which kind of car you want but don't have the time to run around from dealership to dealership?  Come to the Rule the Road Reno 2014 event at the Reno-Sparks Convention Center this weekend.  It's a one-stop place to shop for your next automobile. What: Rule the Road Reno 2014When: February 21-23, 2014 12pm to 8pm Fri, 10am to 8pm Sat, 10am to 5pm SunWhere: Reno-Sparks Convention CenterCost: Free Admission, Parking FeeContact: Jim Minor (775) 853-5800 or via email The top 19 Reno automotive dealers will be on hand at Rule the Road Reno 2014.  These include Acura of Reno, Jones West Ford, Lithia Subaru and Mercedes Benz of Reno offering several very different price points for Reno area residents to consider.  Finan... 02/17/2014

Reno Valentine's Day 2014 Plans Can you believe Valentine's Day is only four days from today?  Have you even begun to make your Reno Valentine's Day 2014 plans with your sweetie yet?  You'd better get a move on.  Luckily, Reno offers several entertainment options for you to choose from. What: An Intimate Evening with Clint BlackWhere: Grand Theatre, Grand Sierra ResortWhen: 9pmCost: $25-$45Contact: (800) 648-3568 What: DJ Cooper (spins Club hits)Where: Sapphire Lounge, Harrah's Reno Hotel & CasinoWhen: 8pm to 2am (21+ only)Contact: (800) 522-4700 What: The Goo Goo DollsWhere: Silver Legacy Resort CasinoWhen: 8pm to 11:30pmCost: $59.50 to $69.50Contact: (800) 687-8733 or (775) 325-7401 What: Ike and MartinWhere: Terrace Lounge, Peppermill Resort Spa CasinoWhen: 8pm to midnightCost: FREEC... 02/10/2014

Reno World Record Checkers Attempt 2014 When I was a kid, I was mesmerized by the Guinness Book of World Records.  I was especially fascinated by the odd records, such as the lady with the longest fingernails, the longest distance someone squirted milk from their eyes (ew) and the heaviest weight lifted by someone's tongue.  Crazy!  Now, Reno residents have their opportunity to be a part of putting the city in the latest Guinness Book of World Records.  All you have to do is be one of the first 200 people to show up at the Peppermill Resort this Saturday, February 8th and you can participate in the Reno World Record Checkers Attempt 2014. What: Reno World Record Checkers Attempt 2014Where: Peppermill Resort & Casino, Tuscany BallroomWhen: Sat, Feb 8th 1:30pm to 3pmCost: FREEContact: Jul... 02/03/2014

    Do your plans for 2014 include buying a new home? If you are thinking of financing a new home this year you have probably already heard or read about the new federal regulations that recently took affect & changed the rules that apply to mortgage lending. The new rules are aimed to take a "back to basics" approach to mortgage lending and lower the risk of defaults and foreclosures among borrowers  Federal regulators say these new rules will make it more difficult for some people to get a mortgage but will mostly work to the consumers benefit. Basically if you have good credit and an ability to make a monthly mortgage payment you should be able to qualify for a home loan. If you are a current homeowner or considering a mortgage during the next year, I recommend you visit the Consumer... 01/28/2014

Reno Named a Top 10 Emerging Ski Town 2014 Sure, the Biggest Little City in the World is known primarily for its gambling centers, but Reno is so much more than that.  In recent years, the City of Reno has transformed itself into an entertainment mecca and haven for artistic types.  Even so, it has managed to keep a big secret...up until now.  National Geographic has just named Reno a Top 10 Emerging Ski Town for 2014. With 18 resorts located within 100 miles of the airport, there are more ski resorts in a concentrated area than anywhere else in the US, including more well known ski cities such as Vail or Aspen, CO and Salt Lake City, UT.  Reno is located on the northern part of the Lake Tahoe region, where most summertime activities are centered around liquid water and the powdered stu... 01/27/2014

4 bedroom homes for sale in Old Southwest Reno       Why do people live here? Old Southwest Reno has loads of charm. This is one area of Reno that has an abundance of mature trees and shrubs. The streets are mostly tree lined and quiet and you will see kids and adults alike out enjoying the neighborhood on warm NV days. There are brick bungalows along with large mansions and some fabulous views of Reno. You can also find homes with basements and homes with swimming pools. It is one of the most sought after neighborhoods in Reno. If you need to expand your living space, there are plenty of four bedroom (and larger) homes for sale in Old Southwest Reno. Old Southwest Reno is a short drive from downtown, major shopping areas as well as restaurants and boutiques. It is also only a short dri... 01/22/2014

Thanks to the Reno/Sparks Association of Realtors for providing the December 2013 market stats. You can view the whole report by clicking the link to the right or watch the video below. Below is a brief overview... The median sales price rose to $229,500. $4,600 above November and up 23.1% from December 2012. Units sold was up 1.9% from November and down 1.6% from December 2012. Average days on market was up 7.1% from November and down 1.6% from December 2012. Regular sales average 83 days on market before closing. The average sold price per sqft. fell a little to $128 per sqft. If you've been watching properties you'll notice that many properties are using price reductions to sell. Too many months of home sellers trying to out do the market and their neighbors. New listings were down 4... 01/22/2014

Homes for sale in Reno with a basement Looking for a home in Reno with a basement? Looking for extra storage space? Whether it is a walk-up basement, a daylight basement, or a cellar, you can search all available homes for sale in the Northern Nevada MLS below: Search here to view all RENO homes with a basement Search here to view all SPARKS homes with a basement   Not what you're looking for? Search the entire Northern Nevada MLS   Considering selling your Reno home? Get a customized, online home valuation here. No obligation and no hassle!     01/21/2014

Thanks to Ticor Title for the December 2013 foreclosure statistics. The full report (including market stats) can be viewed by clicking the picture to the right. Below is a brief overview... Notices of Default (start of foreclosure) fell to 32. Notices of Sale (heading to auction at the courthouse) went up a little to 132. Trustees Deeds (sold at the courthouse or back to the bank) fell by 1 to 73. New REO listing fell in half to 15. Summary: More months of no inventory and a lack of good options for home buyers. The seller's market will continue.   For more information about buying or selling in Reno and Sparks contact me at (775) 393-9601 or Ricky@RickyBeach.com     01/21/2014

Super Bowl Sunday 2014 in Reno Well, yesterday's playoffs made it official.  The Denver Broncos will be squaring off against the Seattle Seahawks for Super Bowl XLVII in New Jersey on February 2, 2014.  Are you hosting a party this year or would you rather forgo the planning, preparation and expense of throwing a big party and just attend one instead?  There are a couple of really big parties being held for Super Bowl Sunday 2014 in Reno.  Take your pick! Where: Eldorado Hotel/CasinoTime: All day longContact: (775) 786-5700 or toll-free at (800) 879-8879 Choose to spend your Super Bowl Sunday 2014 in Reno either watching on one of the 35 plasma TVs in the sports book or Stadium Bar, one of 18 plasma screens at The Brews Brothers or at any of the screens set up throughout the casino.  Th... 01/20/2014