Reno-Sparks Real Estate Market

We know you are interested in a Reno-Sparks Real Estate Market Update, so here we go.

For the past 5 years we have been talking about the fast pace, rising prices and low interest rates that have driven the real estate market. Today the talk is more about how much lower do we have to go to get a sale. The buyers are asking us how much lower can we get the seller to go and stating that if they don’t like our offer, then let’s go look at some other homes. There are more than 6,000 homes for sale in this area now, so it is definitely a buyer's market.

Ferrari-Lund Real Estate is still the second highest volume company in Reno-Sparks. And we still know how to sell your home if you need or want to sell. In today’s market you have to ask yourself, “Do I Really Have To Sell or Do I Want To Sell?"

Many Stock Brokers have told me that when the market softens on a stock that you know is good, then buy it while the market is soft. Don’t panic and sell the stock unless you know something is terminal and it isn’t going to get better.

Real estate in Reno-Sparks is a good and highly desirable investment. It is not going to appreciate for a while and it may never appreciate again like we just experienced but real estate in the Reno-Sparks Nevada area is a good investment.

Give us a call if you need expert and experienced help of real estate professionals. Ferrari-Lund Real Estate and Rick Lund can help you meet your real estate needs now.


Rick Lund
www.ricklund.com
Ferrari-Lund Real Estate