Increase in New Homes in Reno and Sparks

According to the RGJ there has been an increase in construction of new homes in the Reno Sparks area (read full article here).

New homes are back: After the collapse of the housing bubble, the hum of bulldozers on new home construction sites went silent. With the value of new homes going up, however, new housing is back in business.

Reno posted 1,387 new home starts in the second quarter of this year, up 43 percent over the same period last year, according to Metrostudy. Meanwhile, only 36 percent of homes are priced below $300,000 compared to 64 percent last year.

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