Kyle Krch leads the Reno, NV-based real estate agency, Krch Realty. Kyle Krch leveraged his experience to create a course to become a top real estate producer. Knowing the market is one of the most important qualities for a successful agent.
Over the past decade, agents have noted an ongoing rise in the Reno housing market. After the housing bubble crashed the economy in 2008, the Reno housing market was impacted significantly and has left many people without a home or buried in debt. However, other factors, including a strong local economy that has added thousands of jobs and increased residential construction has revived the market.
The median price of a single-family home in the city hit a peak of $430,000 during the first quarter of 2020. In just three years, single-family home prices soared by more than 30 percent. Condominiums have seen even larger gains with prices increasing by nearly 50 percent in just 12 months.
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