Posted by: David Hughes | March 23, 2009

Somersett Best Buy, 50% Off

If you are looking for a home in Somersett you need to take a look at this steal on Deerbrook Court. The owner has every upgrade that Monterey Development Company offered including Brazilian cherry wood floors and slate entry.  It is located on the 11th hole of the Somersett Championship Golf Course with views of the fairway, mountains and the lake surrounding the green.  The seller has spent $75,000 in the landscaping and custom rock work in the front and backyard, including a 10 person firepit, outdoor kitchen, fountain and private courtyard in the front. This home is on one level  and just under 2600 square feet.  The floorplan was designed for entertaining with a great room concept in the kitchen and family room. There was a large premium paid for being on a cul de sac and the golf course.  The seller is into this home for about $780,000 and we are currently selling it at $464,000.  It is easy to show and should be at the top of your list.

Click here to see a virtual tour of this home.

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Posted in Somersett, reno real estate | Tags: ,

Posted by: David Hughes | February 18, 2009

The Hartford is coming back to Reno

After leaving in 2007 the Hartford financial services will be leasing almost 29,000 square feet on Double R Bld. and employing 150 people. The economic impact to the area will be roughly 12 million dollars and we welcome them with open arms. EDAWN is  responsible for bringing them here along with another 12 companies since July 2008 representing 372 jobs and an economic impact of approximately 67 million dollars. EDAWN is a private non profit organization created in 1982 to help diversify the economy in Northern Nevada.

Visit them at www.edawn.org

In 2005 Reno was named the number one place to do business by INC. magazine, for the number one place to buy Reno Real Estate go to www.homes-reno.com

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Posted in Reno Happenings, Reno Real Estate News

Posted by: David Hughes | October 20, 2008

Reno office vacancies on the rise

       

 

The new report just out is showing office vacancies in the Greater Reno Sparks area just under 20% at 19.6% up from 19.2% ealier this year. The southwest corridor, especially double diamond, is getting hit the hardest at a whopping 28% vacancy rate (way over built). Some landlords have been offering some very attractive tenant incentives to attract a good tenant. The landlords I have talked to have dropped their prices by that much because they are fearful if they don’t get a good tenant now they will sit vacant for a number of years. The industrial and warehouse spaces have fared a little better coming in at around 11.3% for Reno and 9.8% for Sparks. In my opinion there are still a lot of  stubborn landlords not wanting to face reality and the changing market and need to do a lot more to attract a tenant.

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Posted by: David Hughes | September 4, 2008

My kitchen granite is HOT!

     No really, it could be radioactive.  

 

That was the news story this morning in the NY Times and on the Today Show. You could have low levels of radiation and/or radon in your granite counter tops.

 

OK, just get me the disclosure form and move on.

 

Back in the seventies after walking to school up hill both ways we would go home and eat lead paint chips with a side of granite. Hey I still feel fine, I think.

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Posted in Reno Real Estate News

Posted by: David Hughes | June 20, 2008

Flying J denied in Northwest Reno

Wednesday, June 18, The Planning Commission denied Flying J’s application for a master plan amendment to the McQueen Neighborhood Plan to rezone a parcel located at I-80 and Robb Drive from Single Family Residential  (large lot residential) to Special Planning Area.

I am not denying that the truckers need a place to stop, eat, sleep, etc.  I just don’t think Reno needs to have 4 truck stops.  Currently there is Boomtown, Sierra Sids and the Alamo Truck Stop within a 15 mile radius.  Reno does not need another and especially not in a residential area.
The Planning Commission vote was as follows:
Darrin Georgeson, Chair, voted to approve the Flying J master plan amendment.
Jim Newberg, Vice-Chair, voted against, stating findings 1,2 and 5 could not be met.

Douglas Coffman voted to approve the Flying J master plan amendment.
Elizabeth Ford voted against, stating findings 2 and 4 could not be met.
Kevin Wieske voted against, stating findings 1 and 5 could not be met.
Dennis Romeo voted against, stating findings 1,2 and 5 could not be met.
Lisa Foster was absent.
  
This is just Round One! Flying J has 10 days to appeal the vote of the Planning Commission. Please stay tuned in and involved for the long haul! 

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Posted in Reno Happenings, Reno Real Estate News, Somersett, notruckstop.com | Tags: ,

Posted by: David Hughes | April 9, 2008

IMPORTANT: Flying J Truck Stop Update

Councilman Dave Aiazzi will be hosting a Ward 5 Town Hall Meeting at UNR’s Crowley Student Center, Student Union Theater, 3rd floor TOMORROW, Thursday, April 10th from 5:30 to 8pm. The Crowley Student Center (nicknamed “The Joe”) is located east of Lawlor Events Center. Free parking is available in the parking garage on Virginia Street.

The Somersett No Truck Stop committee has been actively opposing the Flying J truck stop but they need the voice of many. They are addressing Flying J’s impact on congestion at the Robb Drive interchange; air pollution; environmental risks; safety concerns; the negative visual impact at the “gateway” to Reno; earthquake risks and leaks of diesel fuel into the Truckee River, California’s lawsuit against the Flying J for tank tampering, truck stop zoning, etc.

Somersett resident, Rob Morrison, has coordinated the collection of over 700 signed petitions against any action that may lead to a Truck Stop at Robb Drive and I-80. If you have not signed the petition please visit the Roundabout Market, located in the Somersett Town Square, and ask to sign it.

A group of Somersett residents attended a Ward One Town Hall Meeting last night and let residents of that Ward know why they should join the fight to stop the Flying J Truck Stop from being built at Robb Drive and I-80.

Somersett is in Ward 5. They encourage you to attend the meeting and let Councilman Aiazzi and other residents of Ward 5 know why you oppose the Flying J Truck Stop.

Remember: Your voice is important. Please sign the petition today if you have not already done so. Be sure to include your e-mail address on the petition so that they can include you on important updates.

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Posted in Reno Happenings, Somersett, notruckstop.com | Tags: , , ,

Posted by: David Hughes | March 19, 2008

Stop the Truck Stop

Truck Stop

Northwest Neighborhood Advisory Board Meeting, Thursday, March 20th, 2008 at 6:00 pm at the Fire Station on Mae Anne and Sharlands. Flying J’s proposed Master Plan Amendment is scheduled to be discussed. It is very important that we all, as a community, attend this meeting.  Please tell everyone you know about this meeting. 

Ward 1 NAB meeting is scheduled for April 8th, 2008at 6:00 pm, City Hall, 7th floor Caucus Room. Flying J is scheduled to present their Master Plan Amendment request, so Ward 1 residents may want to attend this meeting. If you are not sure if you are in the Ward 1 area, please click here.  There is a .pdf file that has a map that highlights the area. 

Flying J held a required public meeting at McQueen High School on March 4, 2008. They indicated that they intend to proceed with a request for a Master Plan Amendment for a PUD (Planned Unit Development) on their property at the south end of the Robb Drive bridge at I-80 so that it can essentially be rezoned for virtually any type of development. In other words, Flying J plans to use the Special Planning Area and Planned Unit Development process to try to circumvent the City Council ordinance regarding truck stops.

Please get involved and help us Stop the Truck Stop! 

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Posted in Reno Happenings, Somersett, notruckstop.com | Tags:

Posted by: David Hughes | January 31, 2008

General Market Trend in Washoe County

Ticor Title Market TrendTicor Title Market TrendFor the month of January the fed has dropped the rate by a total 1.25 basis points. There are a lot of buyers out there right now, as soon as we get a break in the weather we are going to see a surge in home sales. They have had enough of the holidays, the bad weather and especially the bad news from the media. There are some very good deals out there for buyers who want to brave the weather, I was showing homes today in Arrowcreek and some of the homes had three feet of snow on the walkways. Some sectors of the Reno Market are hitting the bottom in the 250,000 range, the Northwest Suburban and Double Diamond are very good examples of that with buyers getting some good values on the same homes that were selling for 350,000 three years ago and will be there again in  a few years. These are two areas that make sense for investors looking for a single family rental property. The schools, shopping and proximity to some of our larger employers make these two areas prime spots for tenants. Visit my Reno MLS link and see what Im talking about.

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Posted in Mortgage News, Reno Real Estate News | Tags: , ,

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