SellingNorthernNV

Quality Real Estate News and Market Data

National Association of Realtor’s outlook for 2011

Josh Talayka | April 27, 2011

Early this year, Chief Economist for the National Association of Realtors (NAR) Lawrence Yun was predicting that existing-home sales for this year will increase by 0.4 million when compared to last year’s sales of 4.8 million. In addition, Yun also expects that prices will increase an average of 1% this year. According to Yun, these gains will be the result of continued economic improvements that he is also predicting.

Reno/Sparks April 2009 Sales Report

Josh Talayka | June 1, 2009

April marks the fourth month in a row of increasing sales in the Reno/Sparks area. The majority of this activity remains in the price range of $150,000 and under. However sales are still up in every price range with the exception of homes between $201k and $250k which have remained level

Rise in Existing-Home Sales for the Month of April

Josh Talayka | June 1, 2009

Nationally, existing-home sales rose 2.9% in April, making a seasonally adjusted annual rate of 4.68 million units.

Western States existing home sales rose 3.5% with the annual rate of 1.17 million in April, which is 19.4% higher from last April.