"Never argue with the market. Forget your pride and ego"
When I started this blog two years ago some people had some difficulties with where to start in response to this blog's preaching of "never argue with the market. Forget your pride and ego."
This was largely influenced by one of my investment heroes William O'Neil.
And up until now I haven't given a simplified formula. So here it is, if you don't have the luxury of time and want to know what the Reno real estate market is doing.
Start here:
1. Median Price:
(click image to enlarge)
Note: You will find this in the different, specific neighborhoods which I update every month.
2. Demand:
(click image to enlarge)
Note: You will find this updated every month under the "Reno Category" on the right column of this blog.
3. Supply:
(click image to enlarge)
Note: You will find this updated every month under the "Reno Category" on the right column of this blog.
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These are encouraging trend lines. It is very interesting to see how erratic the market has been. Those ups and downs are incredible. Thanks for posting this data/ The data shows clear result.
-Audrey