2022 February Reno Market Update

Reno is still experiencing low inventory market. While the overall market median price droped slightly, majority of the subsectors are still experiencing price increases.

Another month has passed by us. As we start to welcome Spring, our real estate market also started to warm up.

Interested rate will remain similar in the following month or so as the Fed is still weighing its options for interest rate hike. At the same time, the predictions for the real estate market is still trending upwards.

Please do not attempt to time the market. Rather, please consider your own situations and understand what's the best option for you. For sellers, it may be of your best interest to consider selling so long if you know where you would like to do. For buyers, the rental market will only get more fierce. It would definitely worth your consideration to look into purchasing your next home.

If purchasing home is within consideration, please don't hesitate to reach out so you may make a informed decision. For more detailed and customized information and help, you may click HERE.

On page one, discover how to beat out other buyers to hot new listings and how to receive computerized lists of homes for sale or distress sales, in your desired price range and area, free of charge and without obligation.

Whether you’re buying or selling a home, we’re sure that you have lots of questions.  On page one we invite your questions and explain how to direct them to us so they can be answered in one of the upcoming issues of Market Watch.  This month we’ve selected another popular question that many homesellers ask, “What can I do to my home so that it will sell fast and for top dollar?”.

Don’t forget, you can call us any time at 775-815.81395 for a FREE Quick Over-the-Phone Home Evaluation.  As its name implies, this is a NO cost, NO obligation way of learning what your home can sell for in today’s market. Or, you can click HERE to see what your home is worth.

Xuning Endicott

Your Home Sold Guaranteed or I’ll Buy It!

Endicott Real Estate Group @Momentum Realty

Realtor®, MS Economics, S.183521

 P.S.  One final point.  This year the homes listed with the Endicott Real Estate Group Homeselling System sold on average for @ 109% asking, 7%, more than the Real Estate Board average!