Daily Archives: April 10, 2020

Nevada Home Sales Up Despite COVID-19

RENO, Nev. (KOLO) — The Reno/Sparks Association of Realtors released the March 2020 market report. When compared to March 2019 new listings jumped 1.3 percent to 627, single-family homes sales increased 9.6 percent with 502 units sold, and the median price increased 12.5 percent leveling off at at $415,000. Scroll to the bottom of this online…

Will coronavirus crisis send US real estate market plunging?

Current data doesn’t reflect negative fallout, but the industry remains cautious The real estate market was dealing with its own challenges heading into 2020 – including affordability and limited inventory – but there are concerns the coronavirus crisis may deal a heavy blow to the sector. In March, preliminary data showed the situation has begun to negatively affect both…