As I have mentioned before, I have access to  a lot of stats from anywhere from the University of Nevada’s Center for Regional Studies data prepared by Brian Kaiser to the back of a napkin over lunch.

My fellow Realtor Mitch Argon does such a great job of keeping it simple and relevent that I am compelled to pass it on, with his permission of course. 

Keep in mind, my own personal preference and model is a per square foot analysis, this (report), with all due respect is a mediun price which can be skewed by extreme high and low sales.  Paul Armstrong and I are working on a breakdown of  per square foot average in different price points and areas, we will of course share it with you when we complete it. 

I am also putting a link for my December 2007 posting on this blog calling for a stabilization on June 12, 2008 for certain areas of Reno (established areas in demand areas) and my Spring of 2004 top of the market blog.  I don’t know if I am being conceited,  proud, or a little bit of both but the numbers indicate that I somewhat nailed it (predicting the top and the bottom so far).  Here is the link, they are the two at the bottom: http://renohomestalk.com/category/local-market/

In any event, here is the report released in June:  Greater Tahoe -Reno report

Filed under: 2008 Statistics