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David Morris Group - Relocation Guide Reno Revitalization and How Business is Booming - Reno Relocation Guide - Reno Revitalization - Relocating to Reno - Moving to Reno

Relocation Guide: Reno Revitalization and How Business is Booming

David Morris Group - Relocation Guide Reno Revitalization and How Business is Booming - Reno Relocation Guide - Reno Revitalization - Relocating to Reno - Moving to Reno

Across Northern Nevada, there has been a rebound and a rebirth. Retailers are coming back, and the City of Reno is focusing on new economic developments that move away from the gaming industry, which has been rooted in the city’s history for decades. Let’s take a look at the Reno revitalization and how business is booming across the area.

Retailers are Bouncing Back

The pandemic caused a lot of restrictions and strains on businesses across the world, and Reno was no different, but in the third quarter of 2021, we’ve seen some massive improvements to how the city and its residents are adjusting. According to Nevada’s Department of Taxation, Washoe County’s taxable sales for July totaled more than $1 billion, a 23% increase from July 2020. Taxable sales for June also showed a 30% increase year-over-year at $1.16 billion.

 

With the influx of relocators from California, bringing their existing businesses or creating a franchise location, business is expanding, and retailers are seeing amazing sales volumes. In fact, commercial vacancies are below the already low values seen before the pandemic hit.

Good News for Retail Centers

The Reno and Sparks area has been undergoing a lot of revitalization and change over the last few years. The pandemic had put a pause on some of the construction projects as many weren’t sure how Reno would bounce back, but with the increase in retail sales and vacancies, there’s a renewed vigor for projects like The Oddie District in Sparks, as well as the Reno Public Market and the retail component of the Reno Experience District.

Reno Continues to Revitalize the City

The wave of retailer growth isn’t the only change you can expect from the City of Reno. The recent closure of Harrah’s after over 80 years in Reno was a big push for the city to broaden its economy and move away from the gaming industry. The hotel-casino is being converted into the Reno City Center, a mixed-use development with one and two-bedroom residential units, commercial office space, restaurants, and retail space.

 

City leaders are hoping to use the excitement for the city center to push more developments that would transform the gaming destination downtown Reno is into a place full of affordable living spaces, vibrant restaurants, stylish hotel rooms, and exciting entertainment options.

 

Partnered with EDAWN’s efforts on bringing technology companies, manufacturing businesses, and non-gaming industries into the region, the city is making marked improvements to reduce its reliance on casinos and the gaming industry as a whole.

 

Every year Reno evolves and finds new opportunities to promote growth and change. Reno’s ability to bounce back and accept innovation makes us excited to see what 2022 has in store. ​​​​If you have questions about moving or what it’s like relocating to the Reno-Sparks community, contact the David Morris Group. We’re always happy to share our knowledge of the area and the real estate market!

 

 

 

David Morris Group - A Closer Look at Reno and Nevada’s Growth - Reno Population Growth - Nevada Population Growth - Reno Growth 2021 - Reno Population 2021

A Closer Look at Reno and Nevada’s Growth

David Morris Group - A Closer Look at Reno and Nevada’s Growth - Reno Population Growth - Nevada Population Growth - Reno Growth 2021 - Reno Population 2021

There’s no doubt that Reno and the rest of the state have grown in population and diversity. It’s a fact that has only been highlighted more since the pandemic, where housing shortages were constantly covering the headlines. The U.S. Census Bureau has released information regarding how our population has changed in the last decade, and we’re here to help you take a look at Reno and Nevada’s growth.

What’s changed in the last ten years?

  1. Nevada has become more populous, with an added 404,000 residents.
  2. Nevada’s population grew to 3.1 million.
  3. The majority-minority state ranked as the United States’ third most ethnically diverse.
  4. The state’s 18 and older population grew by more than 18%.
  5. The state’s 18 and under population grew by 4%.
  6. Nevada’s urban counties grew more significantly than its rural counties.
  7. More than 95% of the population growth in Nevada occurred in Clark and Washoe counties.
  8. The Reno metro area grew 15.3%.
  9. Even with the slowed population growth experienced in the last decade, Nevada was still among one of the fastest-growing states.

Why is the U.S. Census data important?

Data received from the U.S. Census will be used to allocate funding, decide where to build roads and how to respond to natural disasters, and help reapportion and redraw legislative and congressional districts. These decisions have drastic effects on cities and states and will lead the decisions that are made for the benefit of residents for the next ten years.

 

If you’re curious about how Nevada’s population growth has changed over the last decade and the insights we’ve gathered from monitoring the market over the years, contact the David Morris Group. We’re happy to be your Reno resource, and if you’re hoping to buy or sell a home in the coming months, we’d be honored to help. Give us a call at (775) 828-3292.

 

 

 

 

David Morris Group - Relocation Guide Who to Notify of Your Move - Change of Address Checklist - Moving Change of Address - Reno Relocation Tips

Relocation Guide: Who to Notify of Your Move

David Morris Group - Relocation Guide Who to Notify of Your Move - Change of Address Checklist - Moving Change of Address - Reno Relocation Tips

When relocating, it’s essential to put in a change of address and notify important businesses and individuals of your move so you continue to receive important mail. In order to avoid potential hassles like missed bills or service lapses, follow this change of address checklist to see who you need to alert about your new home.

 

  1. Post Office
  2. Government Services
    • IRS
    • Passport Office
    • Veterans Affairs
    • Unemployment Office
  3. Utility Companies
    • Phone services (cellular and landline)
    • Electric
    • Heating (gas, oil, propane, or other fuels)
    • Water (water delivery and treatment)
    • Sewer
    • Waste disposal
    • Internet (landline, wi-fi, and satellite)
    • Television (cable or satellite TV)
  4. Jobs
    • Notify the Human Resources department
    • Update your personal marketing materials (business cards, websites, resumes)
    • Employment agencies (temp agencies and recruiters)
    • Professional memberships (licensing and certification boards)
    • Past employers (for W-2’s)
  5. Financial Institutions
    • Banks and credit unions
    • Credit card companies (including department store cards)
    • Lenders (mortgage, home equity, auto, student loan)
    • Insurance companies (health, renters, auto, home, medical, dental, disability, life)
    • Retirement (pension plans, $401K, retirement accounts, Social Security, Veterans Affairs)
    • Investments (investment agencies and brokers)
  6. Health
    • Physicians (doctors, dentists, optometrists, etc.)
    • Pharmacies
    • Health insurers (HMOs, DMOs, agencies, and brokers)
  7. Car
    • Auto insurers (insurance agencies and brokers)
    • Auto lenders (car dealership, bank, or loan)
    • Department of Motor Vehicles (changing your vehicle registration and license)
    • Membership clubs (AAA, etc.)
    • Parking permits
    • Warranty
    • Toll pass
  8. Subscription Services
    • Newspapers
    • Magazines (Note: USPS will only forward magazine subscriptions for two months)
    • Movie subscriptions (streaming services)
    • Book and music clubs
    • Monthly/quarter subscription boxes (beauty boxes, fashion boxes, wine clubs, etc.)
  9. Memberships, Clubs, and Organizations
    • House of worship (churches, synagogues, mosques)
    • Health clubs
    • Community groups (PTA, neighborhood associations, civic clubs)
    • Children’s extracurricular activities (dance, music, sports, etc.)
    • Social clubs and community centers
  10. Service Providers
    • House cleaning services
    • Delivery services
    • Accountants
    • Childcare (day-care center, babysitters)
    • Lawn care services
    • Veterinarian (including pet groomer, pet sitters, and microchip service)
    • Pool services
    • Lawyers
  11. Other
    • Register to vote!
    • Children’s schools
  12. Friends and Family

Changing your address takes time, but it’s better to take care of it sooner rather than later, so you don’t have any missing mail. If you have questions about relocating or if you’re curious about the Reno area, contact the David Morris Group. We’re always happy to share our knowledge of the area and the real estate market!