Did the housing market crash in January 2026?

No. National existing home sales declined 8.4% month-over-month, largely attributed to below-normal temperatures, above-normal precipitation, and the typical holiday-season slowdown in contract signings. The national affordability index reached its highest point since March 2022, and home prices continued their 31-month streak of year-over-year increases.

Are Reno-Sparks home values declining?

Per-square-foot values held essentially flat in Reno at $325/sqft (+0.2% year-over-year) and increased 3.5% in Sparks to $292/sqft in January 2026. Sellers in both markets received 98.6-98.8% of their asking price.

Is spring 2026 a good time to sell a home in Reno?

Spring 2026 presents a strong window for prepared sellers. Mortgage rates are at three-year lows (6.09%), buyer affordability is the best since March 2022, and Reno's economy ranks #1 nationally for growth. Sellers who list before the late-spring competition wave typically face less competition and more motivated buyers.

How much equity does the typical homeowner have right now?

The typical U.S. homeowner holds nearly $300,000 in equity. In Reno-Sparks, where median prices have outpaced national averages, long-term homeowners may hold even more. Since January 2020, the average homeowner has accumulated approximately $130,500 in housing wealth.

Why is the Reno housing market different from the national market?

Reno's economy is outperforming national trends. The metro was ranked #1 for economic growth out of 949 national metros, with $534 million in new business investment, 593 new jobs at $76,800 average salary, and the #1 fastest-growing data center hub in the country. This economic foundation creates sustained housing demand independent of national cycles.

How much have mortgage rates dropped compared to last year?

The 30-year fixed-rate mortgage averaged 6.09% as of February 12, 2026, down nearly 80 basis points from 6.87% a year ago. On a $580,000 Reno home with 20% down, that translates to approximately $276 per month in savings for buyers.

Should I wait for rates to drop further before selling?

Waiting for lower rates could mean listing into a more crowded spring and summer market. The current environment — three-year-low rates, improving affordability, tight local inventory, and strong economic fundamentals — creates favorable conditions for sellers who are prepared to act strategically.

What makes a home sell for the strongest price in the current Reno market?

In a market where sellers are receiving 98.6-98.8% of asking price, the difference between a good outcome and an exceptional one comes down to strategic pricing, professional presentation, and timing. Homes that are properly staged, accurately priced for their neighborhood, and listed during peak showing activity consistently outperform.

Selling Archives - The Kinney & Renwick Team

Reno, Selling, Sparks

Why Reno-Sparks Sellers Are in a Stronger Position Than the Headlines Suggest

The following analysis combines national housing data released February 12, 2026, with local Reno-Sparks MLS statistics and regional economic data from EDAWN's 2026 State of…

by [email protected]

Quality Listings, Reno, Selling, Sparks

Why the Right Listing Agent Matters for Serious Reno-Sparks Sellers

Disclaimer: Market conditions change. Consult directly with Kevin Kinney (775-391-8402) or Robin Renwick (775-813-1255) for guidance specific to your property and goals.IntroductionSelling a home in…

by [email protected]

Reno, Selling, Sparks

Why Trying to Sell Your Reno Home Without an Agent Often Costs More Than You’d Save

Every few months, a Reno homeowner decides they can handle selling their home without professional help. The reasoning seems logical—why pay commission when you can…

by [email protected]

Buying, Reno, Selling, Sparks, Statistics

What 100+ Economists Predict for 2026 Home Prices—And What December’s Numbers Mean for Northern Nevada

The following analysis combines the Q4 2025 Fannie Mae Home Price Expectations Survey (released December 11, 2025) with December 2025 market data from the Northern…

by [email protected]

Buying, Reno, Selling, Sparks

2026 Reno-Sparks Housing Market Outlook

Why Local Experts See More Opportunity Than UncertaintyAfter years of market volatility that left many buyers and sellers feeling stuck, 2026 is shaping up to…

by [email protected]

Moving, Quality Listings, Reno, Selling, Sparks

The ROI of Home Staging for Reno-Sparks Sellers: Why Strategic Presentation Pays Off

Disclaimer: Market data referenced in this article is sourced from the National Association of Realtors® (NAR), Redfin, and other verified sources as noted. Real estate…

by [email protected]

Reno, Selling, Sparks

Which Home Improvements Actually Pay Off in Reno & Sparks? What the 2025 Data Shows

Important Note for Reno-Sparks Homeowners: The return-on-investment (ROI) figures discussed in this article come from Zonda's 2025 Cost vs. Value Report, a respected national study.…

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Reno, Selling, Sparks

Should You Sell Your Reno-Sparks Home As-Is? When It Makes Sense—And When It Costs You Thousands

You've seen the signs all over Northern Nevada: "We Buy Houses—Cash—Any Condition." You've gotten the postcards, the text messages, maybe even a knock on your…

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Buying, Reno, Selling, Sparks

When Your 3% Mortgage Rate Isn’t Worth Keeping: Why More Reno-Sparks Sellers Are Moving Anyway

If you're like many Reno-Sparks homeowners, you've probably thought: "I'd love to move to a bigger home in Somersett... but I can't give up my…

by [email protected]

Reno, Selling, Sparks

What You’ll Actually Keep When Selling Your Reno-Sparks Home: Complete 2025 Cost Breakdown, Net Proceeds Calculator & Post-NAR Commission Guide

Most Reno-Sparks sellers are surprised when they see their net proceeds at closing. They listed at $650,000, negotiated down to $640,000, and walked away with…

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