Michael & Belinda Jackson's (renonevadarealestate) Blog

Real Estate Agent - Keller Williams Group One, Inc.
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After watching our home prices drop for years, we are seeing a HUGE jump back up in prices and buyer activity. Here are the facts. In April 2012 our median sales price for single family residences was $151,200. The median sales price for April 2013 was $208,000. We are seeing multiple bids on mos...
After taking a walk today on the trail that goes around the Montreux Golf community, it became so clear to me why this community is one of the top picks for people relocating to tax friendly Nevada.... Walking along the trail beneath the tall pine trees, along seasonal streams and breath taking m...
  We’re experiencing a VERY strong sellers market for now… After spending the last 4+ years as one of the hardest hit states in the nation for housing and foreclosures, Nevada may be on the road to recovery. The million dollar question is, will it last or is this just another bubble?? Belinda and...
With the major lack of inventory in the Reno, Nevada housing market (Thanks to the crazy foreclosure law passed in Nevada at the end of 2011) new home builders are starting to come back strong. They are making great deals and building in 3-4 months. Here are the details of a recent contract we ne...
 Yes, our market has changed this quick. Our client looked at a home in NW Reno the first day on the market, it was listed under $125k. It looked nice, he wrote an offer ( over asking price, all cash) and we just got the call from the listing agent, Sorry, we had 19 offers and your buyer did not ...
The Numbers Speak For Themselves In The Reno/Sparks Real Estate Market:   * Sales are up 19.5% from the same period last year. * January reported unit sales are the highest in history. January 2012 sales are up 15% from January 2004 unit sales which was the second highest reported unit sales in h...
WOW- This may be one of the best deals in Arrowcreek !! Over a half acre cul-de-sac lot. Travertine floors, Large Kitchen, Granite counters, glass tile backsplash and cherry cabinets. City, Valley, Mountain and Golf Course Views. Price started at $475,000, Just Reduced to $399,000, You Must See T...
Over the past several years, our local market has been flooded with bank owned properties. Throughout 2010 and 2011 our market had an endless supply of REO listings hitting the market daily. If we had a buyer looking for a certain area/floor plan, there would be several bank owned homes to pick f...
I searched our local MLS today for bank owned homes ( stick built only, no condos) and there were only 177 active in Reno. One of the hardiest hit states in the nation for foreclosures? Why on earth only 177 active listings? Why are the banks holding so many homes in their "shadow inventory"? If ...

Michael & Belinda Jackson

local_phone(775) 853-1994
smartphone(775) 848-9323
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