housing

Ken Lund/CC BY-SA 2.0)

The Truckee Meadows Regional Planning Agency is in charge of coordinating with the cities of Reno and Sparks, along with Washoe County, on land use planning. That includes conversations about resources, like water, and infrastructure, like roads and schools.

“One of the other pieces that we’ve really been prioritizing over the past four years or so is predicting population growth and employment growth and talking about where that’s going to happen in our community,” explains Kim Robinson, the agency’s executive director.

Dan Moyle / Flickr, CC BY 2.0

Median housing costs have risen to more than three-hundred-thousand dollars, the first time prices have hit that mark since the recession. That's according to a recent report published by Northern Nevada Business Weekly.

The neon sign for the Golden West Motor Lodge.
Natalie Van Hoozer

Earlier this month, the Reno City Council made a controversial vote to demolish two downtown motels.

Natalie Van Hoozer takes a look at this particular case and what might be in store for Reno’s vacant buildings as the city grows.

I’m standing on Virginia Street outside of the Golden West Motor Lodge with Britton Griffith-Douglass, the president of the Riverwalk Merchant’s Association. She says that to her, the property is an eyesore.

Tiny Housing Grows In Downtown Reno

Jul 18, 2016
Rendering of the Tiny Ten housing community.
Haberae.com

A housing community called the Tiny Ten is coming to downtown Reno.

Local urban developers Kelly Rae and Pamela Haberman of HabeRae Properties knew they were on to something when they first started building tiny homes over a decade ago.

“The tiny homes are the future," Rae says, "as far as our millennials, our [baby] boomers or Generation X-ers that don’t want to live in an 1,800 to 3,000 square foot house out in the suburbs, who want to be near the urban core."

Martis Valley West Project Hits Major Roadblock

Jul 9, 2016
Amy Westervelt

The Placer County Planning Commission voted last week to reject the Martis Valley West development in Tahoe.

The controversial project would bring 760 new million-dollar homes to the Brockway ridge, between Kings Beach and Northstar.

Like many local residents, Peggy Nicklaus of Carnelian Bay was concerned about this project and others.

Rising Rents Problematic For Reno

Jul 5, 2016
Charleston's TheDigitel, CC by 2.0

A new report shows rents in the Reno-Sparks area are the highest they've been in a decade. 

Data from a northern Nevada real estate consulting firm called Johnson, Perkins and Griffin shows the average rent now is up to $990 a month (that includes all apartment sizes). 

Julia Ritchey

The developer behind a proposed 17-acre urban redevelopment project in downtown Reno is holding a series of information sessions for curious residents. 

Lead developer Don Clark told a crowd of about 25 people on Thursday there would be no McDonalds or Starbucks in West 2nd District, the billion-dollar community he's proposing for downtown.

Locals are being priced out of the Tahoe housing market, according to a regional study due out this summer.

Driving along Lakeshore Boulevard, with Lake Tahoe glimmering in the spaces between elaborate lakefront homes, it's hard to imagine that anyone struggles financially here.

"Respondents to our survey were mostly full-time, professional residents and the majority of them are overpaying for housing, they have multiple jobs in alarming numbers and are seemingly struggling to make ends meet here."

Growth Puts Strain On Local Housing Market

Jan 28, 2016
Dan Moyle/ Flickr.cc / Attribution 2.0 Generic

The housing market is facing an inventory shortage, while buyers are struggling to find affordable pricing. Reno Public Radio’s Marcus Lavergne has more on the housing dilemma in Northern Nevada.

With economic growth pulling more people into Washoe County and the outlying region, realtors are having a tougher time finding homes that suit their buyers.

John Graham with the Reno-Sparks Association of Realtors says the market has less than three months of housing inventory. The national average is around six to eight months. Fewer houses means higher prices.

Rennett Stowe / https://creativecommons.org/licenses/by/2.0/legalcode

The Lake Tahoe region is experiencing higher housing costs and stagnating wages for its workers. That's according to a recent economic prosperity report. To learn more, Reno Public Radio's Noah Glick chatted with Heidi Hill Drum; she's the executive director of the Tahoe Prosperity Center and one of the people behind this report.

Foreclosures In Nevada Up Almost 40 Percent In April

May 21, 2015

Foreclosures in Nevada jumped nearly 40 percent last month, making the state second in the nation for the highest residential foreclosure rate. 

The real estate analytics company RealtyTrac reported yesterday (Wednesday) that one in every 555 Nevada residential properties was subject to a foreclosure filing in April, behind only Florida

Nevada saw 893 foreclosure starts, 681 notices of pending trustee sales and 548 repossessions.

Long-term trends show Nevada's housing market is recovering from the recession, but one economic analyst says that what the market really needs now is some stability over the next few years. Reno Public Radio's Michelle Bliss reports that's not likely with Tesla preparing to set up shop.

Housing prices and new construction have been up across the state, but Jeremy Aguero, with the economic research firm Applied Analysis, says Nevada's housing market could really use a brief respite.

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