Renown Real Estate Reno Sparks MLS Search Thu, 23 Jul 2015 19:02:51 +0000 en-US hourly 1 Non MLS Nevada Brokerage Mon, 09 Mar 2015 20:32:31 +0000 0 Is foreclosure changing? Fri, 14 Mar 2014 04:27:33 +0000
  • Buying a House at Foreclosure Auction is Risky Business

    You can buy a home at a significant discount at a foreclosure auction, but you

    ]]> 0 5 Articles for Nevada Homeowner Tax Preperation Wed, 12 Mar 2014 04:23:22 +0000
    • What You Should Know About Your Home and Your 2013 Taxes


      ]]> 0 Reno/Sparks Market Stats For June 2013 Thu, 18 Jul 2013 21:39:27 +0000 RSAR came out with the June real estate market stats for Reno/Sparks.

      Below is an overview of the major points with the full report available by clicking on the picture to the right.

      • The median sales price rose 1.6% to $222,000. That’s up 30.6% from June 2012
      • Solds ended at 503 which was down 5.5% from May 2013 and down 2.5% from June 2012
      • There were 717 new listings. Down 5.8% from the previous month and up 7.2% from June 2012. 76% of these were regular sales which are good for everyone.
      • Month’s supply of inventory went up to 3.9 months. Still in a strong seller’s market.

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      Reno Makes The Top 10 List For Highest Price Increases Mon, 17 Jun 2013 18:33:28 +0000 rising arrow

      NAR sent out a new list of the top 10 areas where prices are rising the most.

      Reno came in at #9 (+24.3% YoY). What’s somewhat humorous about the list is all of these areas were known as top rated foreclosure areas. It seems the over correction in pricing wasn’t just in Reno.

      The article and stats can be read through the link below.

      Where Asking Prices Are Rising The Most



      ]]> 0 Reno/Sparks Real Estate Market Stats For May 2013 Tue, 11 Jun 2013 14:11:31 +0000 May 2013 Market ReportThe Reno/Sparks Association of Realtor

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      High Prices and Low Appraisals… Welcome To Reno Wed, 05 Jun 2013 19:34:18 +0000 Reno home buyer agentI hesitated in writing this post because I’m quoted in the RGJ article (read through links below) and didn’t want to toot my own horn. I though better of it because this is the heart of what’s happening in the Reno/Sparks Real Estate market.

      Simple Math: A + B = C

      Reno/Sparks Home Prices Rise 20% + Low Appraisals Stall Purchases = C(ash)

      Rising home prices hit with low appraisals creates a cash market. Either the whole purchase is cash or the buyer may have to pony up cash for the difference between the appraisal and contract value.

      Sellers know it’s happening and buyers need to be prepared. If the buyer can’t cover the difference, in cash, then the seller may put it back on the market to find someone who can.

      If you’re looking to cash in on a good seller’s market or are a buyer needing helping navigating contact Broker Kristopher Kent at (775) 393-9560 or
      ]]> 0 Do Homes Sell For More Than The List Price? Thu, 23 May 2013 16:02:16 +0000 came out with a story yesterday about the top CBSAs. The article can be viewed here. rising arrow

      The article stats that the typical sale to list price ratio is between 92%-98%. The top markets are now seeing homes selling above that threshold and even above list. Reno came in at #4 in the country for markets with high sale to list price ratios.

      So how high is the ratio? We’ll use our more recent full months of stats, April 2013.

      • Homes under $500,000 sold for 99.83% of the list price.
      • Homes under $250,000 sold for 100.59% of the list price.
      • Homes under $150,000 sold for 101.09% of the list price.
      • Homes under $100,000 sold for 102.08% of the list price.

      What this data means is buyers need to have their game faces on when putting in an offer while sellers can expect multiple offers if their home is priced right.

      For more information on selling or buying a home in Reno or Sparks contact Broker Kristopher Kent at (775) 393-9560 or
      ]]> 0 2114 Fort Bridger Road Fernley, NV 89408 Tue, 21 May 2013 16:10:41 +0000 Just listed! Regular sale in Fernley, NV.

      Built in 2004 with newer laminate flooring installed. RV access to the side and backyard includes a large storage shed. Additional concrete slabs in driveway for more room.

      Both front and back yard are limited maintenance for ease of living.

      The kitchen flows to the living room which boasts a ceiling fan and gas fireplace for comfort. The master has an additional walk out to the backyard and the two additional bedrooms are hidden away from the living room for those quiet times.

      For more information contact Broker Kristopher Kent at (775) 393-9560 and and watch the video below.

      ]]> 0 Reno/Sparks Market Report For April 2013 Tue, 21 May 2013 14:37:41 +0000 reno real estate inventory statsThe Reno/Sparks Association of Realtor

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