If you need assistance, please call 775-685-8585

Commercial Real Estate | Drakulich Realty Blog

Wednesday, February 26, 2020   /   by Callie O'Brien

Drakulich Realty News: Reno Market Report: 2/26

The Market by the Numbers 
Median List Price: $599,000
Price Per Sqft: $242
Days on Market: 116
Price Decreased: 33%
Price Increased: 6%
Relisted: 6%
Inventory: 419
Median Rent: $1,950
Most Expensive: $14,999,000
Least Expensive: $145,300
Market Action Index: 47 (Strong Seller’s Market)


The Market by the Quartiles
Top 25% of Properties:
Median Price: $1,349,500
Sqft: 4,289
Lot Size: 1 – 2.5 acres
Beds: 4
Baths: 4
Age: 18
Days on Market: 225
Upper-Middle 25% of Properties:
Median Price: $738,995
Sqft: 2,938
Lot Size: .25 - .5 acres
Beds: 4
Baths: 3
Age: 15
Days on Market:102
Middle-Lower 25% of Properties
Median Price: $497,500
Sqft: 2,197
Lot Size: 6,500 – 8,000 sqft.
Beds: 3
Baths: 2
Age: 18 
Days on Market: 74
Lowest 25% of Properties:
Median Price: $324,999
Sqft: 1,557
Lot Size: 6,500 – 8,000 sqft.
Beds: 3
Baths: 2
Age: 22
Days on Market: 63 ...

Read More


  reno real estate, real estate reno, homes for sale in reno, real estate agents in reno, reno nv, real estate, real estate agent, homes for sale, real estate agnets, zillow, real estate news, luxury real estate, homes for sale in incline, homes for sale in lake tahoe, lake tahoe real estate, incline village real estate, carson city real estate, carson city nevada, incline village, buying a house, house hunting, commercial real estate, events in incline village, carson city

Wednesday, February 19, 2020   /   by Callie O'Brien

Drakulich Real Estate Tips: Micro Real Estate Investing

From house flipping television shows to the Zillow app on cellphones, home buying has become a part of our culture, but for many real estate investing is still out of reach. 

But since the Tax Cuts and Jobs Act of 2017 relaxed regulations on direct-to-consumer security sales, a new trend called micro-investing has added a new wave of investors to the real estate market. Micro-investing allows consumers to buy shares of properties and customize portfolios, for as little as $5. 

“The best portfolios are diversified, and real estate performs very uniquely, in a way that is uncorrelated to the stock market and bonds… We want to offer the same asset class at a lower price point,” said Janine Yorio, founder and chief executive officer of a New York City-based real estate micro-investment app called Compound, which sells properties at a profit for investors.

The model is similar to the traditional real estate investment trust (REIT), but micro-investing c ...

Read More


  reno real estate, real estate reno, homes for sale in reno, real estate agents in reno, reno nv, real estate, real estate agent, homes for sale, real estate agnets, zillow, real estate news, luxury real estate, homes for sale in incline, homes for sale in lake tahoe, lake tahoe real estate, incline village real estate, carson city real estate, carson city nevada, incline village, buying a house, house hunting, home buying, commercial real estate, commercial real estate in carson city

Thursday, February 13, 2020   /   by Callie O'Brien

Drakulich Real Estate Tips: Our Reno Recommendations!

Here are our top Reno places to get food or drinks!