Reno-Tahoe Real Estate Metrics - November, 2010
Below is a quick snapshot of the Reno-Tahoe housing market statistics for key cities/areas. If you want to see the data tables and color charts behind these trends as well as foreclosure and short sale statistics, subscribe to The Greater Reno-Tahoe Real Estate Report.(Yes, it is free.)
All local markets reported unit sales decreases on a year over year basis. With prices lower than the same time last year and interest rates remaining extremely low, this reduction in sales activity is a likely indication of how much market activity was being generated from the federal tax credit for first time home buyers at this time last year(remember, the first program expired on December 1, 2009).
- Reno - For