Home Sales 45 % Above 2008 Levels


The RGJ reported that Washoe County home sales 45 % higher than in 2008.

Overall, Washoe County had 5,231 sales of existing single family homes in 2009, which is a 45 percent jump from 2008.

They also noted that the median prices were 18 % below 2008, although December showed a 3 % gain over the previous month.

Overall, Washoe County had 5,231 sales of existing single family homes in 2009, which is a 45 percent jump from 2008.

Little or no additional gain is expected this year.  I personally, am not that optimistic.  Notice that Nevada’s jobless rate jumped to 13 %.  I don’t see the housing market increasing without the jobs to support the houses.

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About rereno

Real estate investor
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