real estate in reno | David Morris Group

A Look Into Reno’s Hot Real Estate Market

December 31, 2019/in Reno-Sparks Real Estate /by Shauna Morris

A recent article confirmed what we already knew – Reno’s real estate market is sizzling! In fact, it’s hard to picture the market slowing down as we think of the current projects underway and the big booms we’ve seen in the last few years. With the buzz gaining attraction, let’s look into Reno’s hot real estate market.

Business Insider gathered insights from real estate professionals from a variety of markets to see if there were any cities that were repeatedly brought up as explosive markets. They found that there were 15 places that were brought up in a prediction of the most popular real estate markets for the next ten years.

While the study didn’t include an overall ranking system, it’s nice to see Reno included in such an important list among places like Long Island City in New York and Boston, Massachusetts. The news shows how Reno is an adaptable city that bounces back and finds new ways to thrive. After being one of the cities hit the hardest by the Great Recession, Reno is now making strides to be a real estate market that everyone turns to watch.

Many point to Reno being a market to watch for the city’s current draw to big businesses. Tesla is but one of the companies that have decided to set up shop in the neighborhood, and it’s creating a great influx of jobs and economic growth. With the International Airport allowing residents to jet off wherever their heart desires and no state income tax ensuring you keep more of your money in your pocket, Reno has many perks. These perks are drawing more and more California natives to move to the area to get away from the growing costs of living in our neighboring state.

With Reno’s current 1,000 homes in 120 days initiative, it will be exciting to see how these developments impact the future of Reno’s real estate market. We’re always happy to share our insights into the market, and if you have any questions on what your home may be worth in the current market, don’t hesitate to reach out to us at (775) 828-3292.

How to Ring in the New Year in Reno

December 30, 2019/in Reno Events /by Shauna Morris

With the hours before we say goodbye to 2019 dwindling, it’s time to start your preparations on how to ring in the new year in Reno! The new decade is going to bring changes that will continue to shape the community, so why not get dressed up and welcome it in style?

Downtown Reno always knows how to throw a party, and New Year’s is no exception. Silver Legacy at THE ROW is running with a 1920’s theme. It only seems fair to pay tribute to the jazz clubs, sparkly fashion, and crisp cocktails that paved the way for 2020. This centennial celebration brings all the hope of the future while paying tribute to the legacy of the past, and it’s sure to make for a memorable new year!

The Nugget is hosting a variety of events that include free entertainment starting as early as 8 PM. DJ Milton Merlos will be playing at the Lobby Bar, and the Celebrity Showroom will host a dance party featuring Gruve Nation. For those looking for a truly unique experience, be sure to catch Cirque Musica Holiday Wishes performance in the Nugget Ballroom!

The Peppermill will be a festival of free champagne and party favors on the casino floor as it gets closer to midnight, but the real party will take place in the Capri Ballroom. The Party in Pink New Year’s Eve Party is a twist on the 80’s classic, Pretty in Pink. Dance along to your favorite 80’s hits and bring along your besties. It’s not a party without Duckie, after all.

If you’re looking to keep your New Year’s lowkey by hosting a party of your own, don’t miss the fireworks show from three different rooftops in Downtown Reno. The pop of color will ensure that your night ends with a bang and brings hope that 2020 will burn bright.

No matter how you decide to ring in the new year in Reno, we wish you a safe and happy holiday! If you think 2020 may be the year that you decide to buy or sell your home, don’t hesitate to reach out to your friends at the David Morris Group. We can be reached at (775) 828-3292, and we’re always here to make sure that you have a home that will keep your family happy in the new decade.

Redevelopment Projects Give Old Businesses New Life in Reno

December 23, 2019/in Reno-Sparks Real Estate /by Shauna Morris

There used to be a time where you would drive downtown and see dilapidated motels and homes that needed some much-needed love to keep them standing, but that’s been something we’ve rapidly seen change over the last few years.

The expansion of the university and the cleanup projects happening in part due to the Neon Line District have brought a vibrancy to the community again. We’re seeing some continuous changes, and it’s not slowing down anytime soon.

In fact, Reno’s West Fourth Street is part of a current redevelopment project that will change an old motel into new apartments. The Courtyard Inn Motel is the latest piece of property to be bought up for the Neon Line District, and after the $5 million investment has been made, the motel will be a 38-unit apartment complex called Loft 601.

The new project will include plans to save 10% of the units for affordable senior housing. Loft 601 will be studio apartments with a new community room and kitchen for tenants to use. Construction is underway, and the target move-in date for renters is July 1.

In the last few years, Fourth Street alone has demolished or redeveloped 300 units of housing in hopes of updating the neighborhood and improving the living conditions in the aging properties. The overall end goal is to make the Neon Line District an attractive location for tourists and new renters alike, and that’s already been seen with the Burning Man art pieces along the corridor.

There are also talks about the Neon Line District being recognized by the city as its own district in order to seek funding for bike lanes and improvements to the general structure of the neighborhood.

Reno continues to be adaptable and thrive in any circumstance that’s thrown its way. We love keeping our finger on the pulse of these changes, and if you ever have any questions about what developments are underway and what it can mean for buying or selling a home, give us a call at (775) 828-3292.

Christmas Cravings: Best New Restaurants in Reno

December 12, 2019/in Reno-Sparks Businesses /by Shauna Morris

In between your candy cane and Christmas cookie snacking, you have to squeeze a meal in somewhere, so why not make it a memorable one at one of the newest restaurant locations around the Biggest Little City? Reno’s best restaurants are waiting for you, and we have a glimpse at some of the newest businesses and locations opening their doors. These Reno restaurants are hotter than your mug of cocoa!

Uno Mas Street Tacos + Spirits – Grand Sierra Resort
Fresh ingredients, authentic recipes, and a modern flair make this a spot that calls to every foodie. Unleash your inner James Bond by sipping a cocktail that’s been shaken, not stirred, and let your taste buds experience bold flavors like no other.

Paisan’s Old World Deli & Catering – 6550 Longley Lane
Whether you’re looking for a place to grab a quick bite or just a great spot to cater your event without fail, Paisan’s is the place to go. With some of the best soups, sandwiches, and salads around, Paisan’s is here to make sure you never have a boring lunch again. Now that this deli has reopened, it’s a must to check out their new digs!

Burgerim – The Outlets at Legends
This chain now has two locations in Northern Nevada – one in downtown Reno and the newest location in Sparks! They offer a variety of burgers and sides, and if you have a large group to feed, their family box may be the perfect option for you.

The Arch Society – 960 S Virginia St.
There’s always room for dessert, and that’s the motto that The Arch Society has turned into a business. This dessert bar will have a variety of pastries to offer and just as many tasty cocktails to pair with them.

With so many great restaurants in Reno, we hope you get out and try someplace new! See what the buzz is about Burgerim’s burgers and have the best deli in Nevada prepare your sandwich from scratch.

Just as there’s always a new business springing up, there’s always changes happening to the Reno real estate market. If you’re ever curious about what’s happening to the market and when you should buy or sell a home, don’t hesitate to get in touch with your friends at the David Morris Group at (775) 828-3292. If you’re curious about some of the properties on the market now, you can get a great snapshot here.

10 Fun Facts About the Reno Area

November 27, 2019/in Uncategorized /by Shauna Morris

There’s a lot to love about Reno, but how much do you know about the Biggest Little City? We bet there are some things that may even come as a surprise to the residents that have been living in Reno for years. Check out 10 fun facts about the Reno area and learn something new about our beloved town!

Reno has repeatedly been named one of the 10 sunniest cities in the United States and usually averages more than 300 days of sunshine every year.
When compared to other ski towns in North America, the Reno Tahoe area has the highest number of ski resorts scattered throughout its short distance.
Lake Tahoe covers 191 square miles and is so deep that you could stand the Empire State Building in it and not see its top.
Sparks hosts the largest rib cookoff in the country. While the rib cookoff is one of our favorite summer events, it also draws in hundreds of thousands of people year after year and serves more than 240,000 pounds of ribs, making it the largest in the United States.
Blue jeans were born in Reno. Jacob Davis and Levi Strauss partnered to meet the demand for sturdier pants, and it was the start of creating the favorite pair of jeans hanging in your closet today.
The largest free hot air ballooning event in the world happens to be the Great Reno Balloon Race! With close to a hundred balloons coming to participate every year, it brings in over 100,000 people to check out the shows, races, and festivities throughout the weekend of the event.
Reno has been a Tree City USA for 28 years, which means that the community has made strides to manage and expand its public trees in order to benefit and protect the environment.
A number of films, TV shows, and music videos have been filmed in the Reno area. Some of the most notable movies include The Misfits, Pink Cadillac, and Sister Act.
In 2014, Reno hosted 550 people playing checkers in order to win the world record for the most people playing checkers at one time.
Before starting his illustrious career as a world-renowned author, Mark Twain worked as a reporter for the Territorial Enterprise in Virginia City for several years.

These 10 fun facts about the Reno area are just many of the reasons that we love to call this vibrant city home! If you or someone you know is looking for a team to help buy or sell a home in the Biggest Little City, don’t hesitate to give us a call at (775) 828-3292.

Incremental Development Alliance Comes to Reno

November 26, 2019/in Reno-Sparks Real Estate /by Shauna Morris

Reno has always been lucky to have residents with strong ties to the community who share a love for improving the area and fostering innovations of all kinds. Reno has also always been welcoming and accepting of new ideas, people, and projects, which makes it no wonder why other businesses, developers, and groups have always turned to Reno for help. It now seems that Reno is the one getting a little help, especially in terms of Reno real estate investment and Reno real estate development.

A not-for-profit group of knowledgeable individuals has been hosting monthly events to help small developers and residents strengthen their neighborhoods with small-scale real estate projects. The group is called the Incremental Development Alliance, and they support the idea that communities are built from within. They help residents invest in their communities and help businesses with small scale developments in order to ensure the area grows and thrives.

The first of the monthly Incremental Development Alliance talks took place in Reno on November 5. Andrew Samuelsen was the guest of honor, and he talked about how he switched careers from Software Development to Real Estate Development in Reno, as well as all of the steps in the process to complete his first big project.

The next Incremental Development Meetup will be on Tuesday, December 3, from 6 – 7:30 PM, and will be held at the Reno Collective. This group is geared towards landlords, developers, architects, designers, wanna-be developers, city planners, and anyone who wants to strengthen our neighborhoods using real estate development as the tool. If you have a curious mind and an increasing desire to learn how to help the community, the Incremental Development Meetups are perfect for you.

Network, gather ideas, and build a team to take Reno to the next level. Meet people that share in your passion for change and strive to be pioneers for the betterment of the community. We look forward to being your partners in taking these small-scale real estate projects further, and if you ever have any questions about the real estate market, don’t hesitate to reach out to your friends at the David Morris Group.

Holiday Cheer Spotlight: Reno Events to Get You Into the Spirit

November 25, 2019/in Reno Events and Activities /by Shauna Morris

While Santa is busy making lists and checking them twice, the Biggest Little City is turning the town into a winter wonderland! If sugarplum fairies are already dancing in your head, there are a variety of holiday events in Reno to check out.

Santa’s Christmas Wonderland | November 26 – December 29
Visit Eldorado Resort Casino at THE ROW and be amazed by the sparkling costumes and high-kicking dancers that dazzle in this awe-inspiring holiday show.

A Christmas Story – The Musical | November 29-December 1
While the movie is a classic, the live musical is on a whole other level. Visit the Pioneer Center for the Performing Arts to see what we mean. It’s a Reno holiday event you won’t want to miss.

Crafts for Christmas | November 29-December 1
If you’re looking for a few unique gifts to give this year, check out the more than 100 craft and gift vendors at the Nugget Resort Casino.

Winter Dreams | December 6-22
No matter what you’re looking for in a performance, Winter Dreams has it all. This winter-inspired circus has magic, aerial dance, acrobats, and more. It’s all happening at Sierra Marketplace on Virginia and Moana.

39 North Pole Village | December 12-14
Holiday lights, photo ops with Santa, and The Griswold Challenge make this event a must-visit for any family. Be sure to stop by downtown Sparks during the middle of December.

Reno Santa Pub Crawl | December 14
Come in your best Santa costume or dress to impress in anything that reminds you of Christmas and take to the streets to drink and dance with other visitors and residents of the city.

AVA Ballet Theatre presents The Nutcracker | December 13-15
Watch the stage come to life in this beautiful production of the beloved holiday classic. It isn’t quite Christmastime without a few dancing mice gliding around the Pioneer Center for the Performing Arts!

Holiday Dreams – Spectacular Holiday Cirque | December 19 – January 1
Watch as performers come together in a beautiful show full of holographic effects and world-class acrobats at Grand Sierra Resort.

The North Pole isn’t the only place that knows what the meaning of the holidays is all about, so grab your loved ones and make some holiday memories around Reno this year. We hope to see you all out enjoying Reno’s holiday festivities, and if you ever have any real estate questions, don’t hesitate to reach out to your friends at the David Morris Group at (775) 828-3292.

Reno Becomes a Hub for Entrepreneurs and Remote Moguls

November 6, 2019/in Reno-Sparks Businesses, Uncategorized /by Shauna Morris

It’s becoming more and more common to hear of people working from home, and as that trend expands, so does the number of entrepreneurs starting their own businesses and looking for spaces to house them and their employees while they’re in the startup face. Seeing this need for a startup haven, the idea for Reno Hive was built.

The Reno Hive is the latest coworking space to open in downtown Reno and features 5,000 square feet of Class A office space. Located in the Arlington Towers, the office includes 2,000 square feet for community space, six cubicles, six offices, and two state-of-the-art video conference rooms.

With the increase of homegrown startups making the venture to become successful businesses on top of the nearly 100 companies that have relocated or expanded to Reno-Sparks in the last three years, the timing for a new coworking space couldn’t have been better.

The Reno Hive didn’t just want to be a standard coworking space, though. They took it a step further and used innovative technology that offers some great amenities to those using the space. With meditation pods, hammock chairs, community bikes, and float tanks coming soon, Reno Hive appeals to a wide audience.

Membership includes access to the meditation pod, float tanks, coffee, printing, high-speed internet, conference rooms, community bikes, free parking, and 24/7 availability in case you decide to burn the midnight oil!

The coworking membership is $250 per month, while semi-private offices and cubicles run about $450 per month. For businesses that aren’t looking for a ton of space to host as the headquarters while they get the company off the ground, this is a great choice. For those in the creative industry looking for a place with great energy and unrestricted wi-fi access, you’re sure to see some great ideas come to life here.

We look forward to seeing what new innovations and companies will come out of Reno Hive as well as how the coworking spaces evolve to encourage people to use their buildings. It’s a time of growth in Reno, and we’re happy to give our insights into what changes like this will mean for the area. Don’t hesitate to give us a call if you have any questions about the Reno-Sparks area.

Where to go Trick-or-Treating in Reno

October 28, 2019/in Reno Events and Activities /by Shauna Morris

With just a few days before the streets are full of children and children at heart dressed up in their favorite costumes, it’s important to know where you can get all the candy you’ll need to get you through the cold months! Your neighborhood isn’t the only great place to go trick-or-treating this year; there’s also:

2nd Annual Halloween Hollow at Idlewild Park – Thursday, October 31 from 4-8 PM
This free event includes a haunted house for kids and adults, games, a costume contest for kids and pets, and candy at the Midway! You can also ride the Idlewild spooky train by donating two cans to the Food Bank or paying $2.

Trick or Treat in the Streets of the Museum – Thursday, October 31 from 4-7:30 PM
Special admission during this event is only $2, so come and enjoy the candy stations and games available at the National Automobile Museum.

Howl-O-Ween – Thursday, October 31 from 4-6:30 PM
Come to the Nevada Humane Society for safe trick or treating with lots of free treats for kids in costume. There will be Halloween music and decorations along with people and pets dressed up in costumes. Pets will be available for adoption at the event, so beware, you may just come home with a new furry goblin!

Reno Town Mall Trick-or-Treating – Thursday, October 31 from 3:30-5:30 PM
After you pick up the kids from school, head over to the Reno Town Mall for a little free trick-or-treating.

Reno Library Trick-or-Treating – Thursday, October 31 from 1-4 PM
Pick up a few books that have some great ghost stories for your family to read by the fire while showing off your costumes and collecting a little candy! The Reno Library is the perfect place to start your Halloween celebration.

Reno-Sparks Scheels Safe Trick or Treat – Thursday, October 31 from 4-6 PM
Walk around the Legends stores trick-or-treating and enter a fun costume contest. The contest will be held outside Scheels at 5 PM, with the winner receiving a gift card.

We hope you have a safe and fun Halloween! There are some great ways to get out and get involved with the community this holiday, so if you ever have any questions about Reno or Sparks, don’t hesitate to reach out. We’re more than happy to be your guide and help you navigate your way through town.

Reno Homes Making Room for UNR

October 23, 2019/in Reno-Sparks Real Estate /by Shauna Morris

The Gateway District is a historic neighborhood in Reno and is bordered by Interstate 80, Ninth Street, Virginia Street, and Evans Avenue. This means that the Gateway District is close to the entrance of the University of Nevada, Reno’s campus and the perfect location for the university to set their sights for expansion.

UNR has already begun tearing down eight homes in the area as part of the plan to make room for academic buildings and a parking garage. For anyone driving down Center Street, metal fences and bulldozers can be seen in preparation for the project. One house has already been razed, and three more are scheduled to follow shortly.

Before 2019 is over, the demolition portion of the project should be completed, but the timeline could change depending on permit approvals. Center and Lake streets are rife with demolition currently and will be seeing a lot of construction in the next couple of months.

To keep the project moving, a design for a parking garage located in the University Gateway Precinct is underway. With student and faculty growth multiplying, there’s a large demand for more parking spaces close to the campus. The Gateway Precinct parking garage will add an additional 720 to 1,000 parking spots in a desirable location at the south end of campus. The current design shows the parking garage is an eight-story, 250,000 square-foot structure to be completed fall of 2021.

That’s not the only design that the university has been working on though. There are also specs for a new multi-story College of Business building located in the University Gateway Precinct underway. The building will house the Ozmen Center for Entrepreneurship, the Nevada Small Business Development Center, the Dean’s office, and a Student Success Center, as well as auditoriums, classrooms, offices, specialty lab spaces, retail, and supporting functions. This project is a little farther off as it’s projected that construction won’t begin until the summer of 2021, with completion happening in the summer of 2023.

If you’re curious about what the university’s expansion could mean for your home’s value and your neighborhood, give our team a call! We’re happy to give you some insight into the real estate market, and should you be thinking of buying or selling a home, we’re always here to make the transition as stress-free as possible.

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