The real estate market report this month includes an interesting prediction: Reno was ranked number 7 among the top 10 metro areas for appreciation. They are forecasting Reno to appreciate 10% in the next 12 months. That’s according to Housing Wire, VeroFORECAST. Currently, the Reno market is a seller’s market, at 2.9 months supply of inventory. The MSI (months supply of inventory) for the past two months has been at 3 months. This shows an improvement in inventory levels, providing buyers more choices.
See the complete report: 11 2018 Market Report