April 2012

There are 1 blog entries for April 2012.

Reno-Tahoe Real Estate Market Snapshot - April, 2012

Welcome to the April, 2012 market update. There are a few key observations that I want to point out for this month's report. If you are actively buying or selling a home now, you may be familiar with some of these conditions; if you are not, this may be helpful for your near term plans. See below:

  • Inventory Levels - The local markets have become short on inventory. For the last 3-4 years, January would mark the low water mark for inventory for that year. In those years past, the inventory levels would rise from between 100 to 200 homes by April (August is historically the peak month for inventory). This year, we are seeing the inventory levels DROP slightly from January to April in some
1,744 Views, 1 Comments.