Reno / Sparks Nevada Real Estate Market Update - 8/31/05

Many people really don’t understand the value of full-time professional real estate agents or Realtors. I hear people talk about all the driving they’ve done so they can see all the new subdivisions, but, in fact, they never see them all. A good agent will know where the new projects are, as well as the price ranges and the quality of the builders. When you are out traveling by yourself, you only get the sugar coated sales pitch.

Buyers who are new to an area especially need the experience of a professional real estate agent or broker to guide them through the process of determining which area is best for their investment, which builder they will want to work with and, most important, to be sure they are not overlooking unknown areas of town that would fit their price range, budget and personal needs. In Reno/Sparks Nevada there are over 100 new home projects and each of the builders has different product levels and communities from which to choose. No one has time to look at all of these. After a needs and wants evaluation, your real estate agent can help you determine where you need to look before you make this most important decision.

Reno/Sparks Nevada Real Estate Update 8/19/05

Now more than ever, sellers need to consider using experienced agents who are committed to doing what needs to be done to sell homes. Active web sites, advertising in color magazines, local papers, and, yes, even open houses. The days of the agent just putting homes in the MLS and waiting for multiple offers are over -- for at least awhile. The new home market is still very strong with long waiting lists of buyer's.

Most of these buyers are from California. The large number of homes on the market is primarily due to the many homeowners who have held onto their homes for two years and are now able to take advantage of the tax laws.

For more information about the real estate trends and market in the Reno/Sparks Nevada area, visit Rick Lund's realty website or Ferrari-Lund Real Esate, Reno / Spark's premiere real estate broker.

Rick Lund
www.ricklund.com

Rick Lund - about the Reno Sparks, Nevada realtor

Rick has over 1,000 satisfied customers

Extensive experience in residential sales, land acquisition from residential development, and income/commercial properties with over 1000 satisfied clients. Many of his clients are now referring their children !!!

Married with four children, Rick enjoys the outdoors whether riding his bike, camping, fishing, golfing or just working in the yard.

If you are relocating to Reno-Sparks Nevada you need Rick's services. He knows things about the area that will help you grow to love this area in a short period of time. Let his experience save you time and help you feel confident in your decision.

Broker and co-owner of Ferrari-Lund Real Estate. Ferrari-Lund Real Estate opened in 1988 and now has 3 office locations with 100 plus agents.

Rick Lund
www.ricklund.com

Reno / Sparks Nevada Real Estate market update.

Inventory of existing homes is building rapidly in the market place. The papers will be months behind reporting this change. The summer of 2004 saw no available inventory and multiple offers on most properties put on the market. The summer of 2005 is starting with many more homes available for buyers to choose from, there is no longer the urgency for the buyer’s to write an offer as they know there are many homes to choose from and the homes are staying on the market for many days. For the first time in at least two years we are seeing homes expiring without selling.

For more information on the Reno/Sparks/Tahoe real estate market, contact Rick Lund, 800-622-1777.

Rick Lund
www.ricklund.com