RENO REAL ESTATE:

Search all 2,700 available homes for sale in Reno (blue box, left column), find out what the Reno housing market is doing(scroll down for graphs and articles). Let us know if we can help you with anything else..=)

(Also, don't forget to check our comprehensive short sale and foreclosure guide )

Welcome to Reno real estate! My goal here is to help you understand our market just a little bit better.

If you are a buyer, you can start your search for all the AVAILABLE houses in Reno (blue box on the left).

We will also look at some graphs (don't worry nothing too complicated) and the latest numbers on supply and demand for Reno homes.

In order for you to find what you are looking for, here are some quick links (table of contents):

Let's start with the most important thing--Reno Real Estate: supply and demand

• Reno Real Estate: Supply (Updated)

• Reno Real Estate: Demand (Updated)

There have been some good news in the Reno housing market that I want to share to you:

• Hey Joe, Any Good News On The Reno Real Estate Market? YES!

• Reno real estate: "night is darkest just before dawn"

• +15.1% increase in Reno homes under contract from 2006-2008

• Attention: only 34 homes in Reno priced from $100,000 - $170,000--and it's not summer yet!

Also, opportunities are making a comeback!:

• Reno Home Buyers: Why you need to take a good look at the South Meadows area.

• Reno Stead Real Estate Market: Good News--Supply & Demand, MSI Up!

• For Buyers: The Hottest Area Codes in Reno

“People hope when it's time to fear, and fear when it's time to hope”

The Reno real estate market has yet to find a complete bottom. Upper end homes are still struggling.

But if you look closer opportunities are starting to pop up. Last week, the local newspaper's headline was “if you bought a house in 2005 you'll have to wait 'till 2028 for it to go back to its original value.” Is it true? Perhaps. But once again the mainstream media is a year or two late in reporting news that truly can benefit us.

Back in 2006 when I was warning people against false optimism (“market will be better in 2008”) the media was slow in warning the people.

Now, I'm starting to hope again. Demand is slurping supply. Our months supply of inventory is about 3 months, not too long ago it was eight. Does this mean to mindlessly invest again? No. But keep a close eye on good deals with positive cash flow.

They're already here.

Other posts about the Reno real estate market:

• Reno market update: What's happening in the last 6 months?

• Why seeing The Reno Market as Hyper-Local can help you get ahead of the pack

• Announcing: The first market bottom in Reno real estate (hint: it's in the 100's)

• For Buyers: The Reno real estate market in the last 6 months

• Reno real estate shows some resiliency amidst nation's real estate woes