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McKenna Berg, Keller Williams Group One, Inc

McKenna Berg

775-823-8787
775-741-0975

The Key to All Your Real Estate Needs

Get a positive, helpful partner for buying or selling a home:

  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond

I wanted to first thank you for coming to my site, taking the time and gaining the knowledge about this amazing area of Reno, Sparks and Lake Tahoe.  On my site you'll be able to search for areas you want to live in, find community information, school information, local businesses and so much more.

Sign up to become a Market Insider where you'll be able to search homes in the zip code you want, save the searches and even compare zip codes to each other. If you're thinking of selling your current property in 89519 and buying in a different area like 89511, you'll be able to get all the above information as well as compare the two zip codes to see what the price trends are.  It's a great tool. 

If you're thinking of selling and want to know what your home is worth and don't trust the "zestimate" (rightfully so), I will provide you with the most up to date and accurate comparisons to price your home correctly for an end result that you desire.

Whether your buying or selling, I will help guide you and answer any questions you may have and I look forward to working with you.

Local Businesses

I'm a huge advocate for promoting local businesses.  So, you'll see a variety of links to local businesses ranging from restaurants, workout facilities, floral shops, kids recreation etc. at the top of the page called Local Business.  If you have a local business you'd like me to promote on my page, please let me know and I'd love to work together and create a win win.

 

 

June 24th, 2014

I hope you're having a great week and that the first day of Summer you enjoyed with loved ones.  

Have you checked out some of my listings that are shown at the top right corner of the webpage?  These are amazing homes and will sell quickly so I hope you share these with friends, family or co-workers.  I love selling homes!!

Here is the latest video Market Report from the Reno Sparks Association of Realtors.  The Median home sales price is up 3% from April at $236,500 and up 8.5% from May of 2013.  

Even though new listings are up 10% from April, we have only 3.6 months supply.  So, if you're thinking of selling, it is a VERY good time to do so....think "Seller's Market".  Watch the riveting video below and if you have any questions, please let me know and I'll be happy to answer them. 

 

 

 

Don't forget to check out the Local Businesses Tab at the top to see this months selected local businesses!  And please like McKenna Berg-Realtor on Facebook where you'll always be up to date on open houses and prize drawings.

Facebook

 

July 17th, 2014

The new monthly report is up from RSAR and with the rumors of a certain car company moving their production/distribution center to our area is fantastic!  Please watch the video below for more information.

Commentary highlights from June’s report:

  • June 2014 sales at 548 are the third highest June in history exceeded only by June 2010 (604) and June 2005 (679). June 2010 was the 1st deadline to take advantage of the First time Homebuyers Tax Credit and June 2005 was performing based on lenient lending practices. It’s a good sign that today’s market is performing well without artificial influences.
  • The acceleration in median price has slowed in comparison to the rapid increase that occurred in 2012 and early 2013. Even with the acceleration in price, the market is still 31.5% off the peak from January 2006. The slowing in the acceleration of median price is a positive and more normal trend.
  • New listings are down 8% from the prior month and down 6% from June 2013 but are following the typical seasonal trend.
  • June pending sales were down 8% with 382 compared to 416 in May 2014. Pendingsare a leading indicator of future closed transactions.
  • Buyer demand and low inventory keep the Reno and Fernley areas in a Seller’s market. Reno has 3.7 Month’s Supply of Inventory.
  • With the lack of inventory at the entry-level, those sellers with equity and who are willing to price their home competitively this is an excellent time to sell.
  • According to a July 6th article in The New York Times “… Reno appears poised to turn the corner, according to economist who study the region. Housing prices are slowly starting to rise. The unemployment rate has declined to 7.1%. New technology companies are arriving, and older ones are expanding, including Zulily, an e-commerce company for women and children’s clothing and home décor, which announced plans in May to double its warehouse and hire 600 people.” As quoted from The Times “There are solid reasons to be optimistic about Reno,” said Greg Bird, an economist at Moody’s Analytics. “We’re starting to really see the data turn for them.”
  • “There is a lot of positive things happening and slated to take place in the Truckee Meadows/Fernley area,” commented Reno/Sparks Association President, Mark Ashworth. “We look forward to a continued healthy recovery.”

 

 September 18th, 2014

As we all know, it has finally happened- Tesla announced it will be building the "gigafactory" a $5billion site in Northern Nevada.  This is so beneficial for our local economy. The Reno Gazette Journal reports that 6,500 people will be employed there and our school district, which now runs on $4.9 million in local money a year, would begin receiving about $10 million a year from Tesla starting in 2024. 

Now, what will this mean for our local housing market?  

"The Reno-Sparks area's existing-home market has rebounded from a recession-low median sales price of $135,000 in January 2012 to the $250,000 range in July, according to the Reno/Sparks Association of Realtors.

More recently, rising inventories have helped slow the median price increase, RSAR President Mark Ashworth said, helping temper the market and keep prices affordable for first-time home buyers.

"Before Tesla, we were looking to return to a more historical slowdown," he said. "Now with Tesla, that could change. But it's too soon to make any projections. Long term, we anticipate an increase in prices with demand."

But he added, "From the 30,000-foot level, it's hard to see anything negative with (the gigafactory's impact) except for price rises."- RGJ

Watch the video below for our September Market Report and please let me know if you have any questions.

 

 

Please go to the Local Business Tab at the upper right corner to see this months Local Business.  If you have or know of a local business that you'd like to be marketed here, please email me and I would love to.

 

Featured picture for the property 140015197
10084 Silver Star Drive
Reno, NV 89521
$329,900
4 beds/2 baths
Listing courtesy of Keller Williams Group One Inc. RENO
Featured picture for the property 140015224
10525 Hampton Creek
Reno, NV 89521
$465,000
4 beds/3 baths
Listing courtesy of Coldwell Banker Select RE M RENO
Featured picture for the property 140015328
1213 Tule
Reno, NV 89521
$222,000
2 beds/2 baths
Listing courtesy of Chase International-Damonte RENO
Featured picture for the property 140014623
Foreclosure
3665 Butch Cassidy Drive
Reno, NV 89511
$399,900
4 beds/2 baths
Listing courtesy of Keller Williams Group One Inc. RENO
Featured picture for the property 140012970
Foreclosure
595 Connemaras Court
Reno, NV 89521
$346,900
4 beds/2 baths
Listing courtesy of Keller Williams Group One Inc. RENO
Featured picture for the property 140004303
Foreclosure
12640 Water Lily Way
Reno, NV 89511
$479,800
3 beds/4 baths
Listing courtesy of HomeGate Realty of Reno RENO

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