The shift from the hot Spring selling season to our typical Summer lull is in full effect.  This spells opportunities for buyers.  For the past 3 years home sales have peaked in June.  Based on data just released it looks like 2019 may have peaked early with more sales in May than June.  With approximately 1,265 active listings buyers have a lot more to choose from.  This had lead to a significant amount of price reductions, close to 127 in the past 2 days.   Another great reason to be out shopping NOW!  Interest rates.  Interest rates have dropped back down to the high 3% – low 4% range.

As of today there are 388 homes listed under $400,000.  There are affordable homes out there.  If you are looking to buy the Shocket Team can help.   Reno-SparksRealEstate.com

June Market Peak 2016-2018