Reese Realty Team
Your Best Friends in Real Estate

Pam (775) 843-1508
Devin (775) 527-6273

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Home > June 2018 Market Report Now Available!

June 2018 Market Report Now Available!

June 15, 2018 by preese Leave a Comment

For the first four months of the year, year-to-date sales for 2018 were ahead of 2017. In May, that trend came to a halt, and 2018 year-to-date sales are down 1% compared to the same period in 2017. As predicted, the lack of supply is impacting the number of sales compared to last year.At the Nevada Realtors Conference in Las Vegas this month, NAR Chief Economist Lawrence Yun reported there is diminished optimism in the home buying process. Buyers are frustrated by the low inventory, weakening affordability, and do not want to compete against multiple offers on properties. See the full report: 06 2018 Market Report

Filed Under: Market Reports

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Reese Realty Team

Your Best Friends in Real Estate

10795 Double R Blvd
Reno NV 89521

(775) 843-1508 Pam
(775) 527-6273 Devin
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Pam & Devin Reese

Whether you are buying or selling your home, the Reese Realty Team has the experience, expertise and dedication to assist you with your real estate experience. Quality service and timely communication are guaranteed. We are honored that our buyers and sellers consistently give us top rankings and positive reviews... Meet the Team
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