Introduction to the "Reno-Sparks Back to the future" 8-part series

I just had to name this series " Reno-Sparks Market back to the future"
First, i love that movie.  Second, when it comes to investing I deeply believe that in order for us to make the most educated guess, (which is what investing is all about) we can never forsake the lessons of the past.

In my opinion, the past 8 years have been the top 2 craziest times for Real Estate in our country.(the other one is the Great Depression). I often hear people talking about the future of Real Estate as if it will just repeat what it did in the past 5 years-"It won't happen buddy" is what i silently tell myself.

I created this 8-part series  posting  to  answer questions like,"How much has the Reno-Sparks Real Estate appreciated  in the past,say, 5 years? or When did the Reno-Sparks market start to really go up in value?(more than the average of 7% every year)
When did we reach the absolute top? or  how much were the houses back in 1999? How many homes were selling in 2005? how much was the median price of homes in 2005? (the year that the market reached its absolute top) 

I hope to answer these questions by the posts. 

I will post a blog every business day (Mon-Fri ) from Aug 21- Aug 31. In each posting you will see 2 graphs- Home resales in that year & Median prices of homes in that same year.

Joe and I believe that after studying this, you are well on your way to truly understanding the Reno-Sparks Real Estate Market. Feel free to post your questions,comments even violent reactions.

For this always makes our learning even more exciting.