Nevada Taxes

Karen Conrad Realtor Broker Reno Nevada

Karen Conrad, Broker First Realty

Nevada is known for not having individual and corporate income taxes. As the US economy recovers,  businesses and residents alike have been flocking to the Silver State for this reason. The $5 billion Tesla “gigafactory” is but one example.  Reno and the surrounding areas are one of the fastest growing job creating regions in the country. This in turn is igniting our housing recovery.

Proposed New Nevada Taxes

Governor Brian Sandoval is proposing $1.1 billion in new Nevada taxes but this week Assemblywomen Michele Fiore, R -Las Vegas, started pushing back and building a coalition to stop the governor’s tax increases.

New Media Gold

This week my husband’s agency, New Media Gold, found itself streaming live a event and news that would go viral across the state. Today’s headline in the Reno Sunday Gazette-Journal is “Tax Fight Takes Shape” 

Here is the recording of the netfeed from the RMC that helped stir the debate over the governor’s proposed tax increases for Nevada:

Finding a Doctor in Reno


Karen Conrad Realtor Broker Reno Nevada

Karen Conrad, Broker First Realty

Moving to Reno?

Finding a home is important but so is finding a doctor. Her are some good tips and links to finding a doctor in Reno:

Tips on Finding a Doctor

Finding a new doctor can be stressful, if your physician retires or you have to move. Here are some tips to making looking for a new doctor easier:




Reno Real Estate Report

Karen Conrad Realtor Broker Reno Nevada

Karen Conrad, Broker First Realty

Reno Real Estate Market Report

December Reno Real Estate Market Report  has been release by Reno/Sparks Association of REALTORS®.  Click the Linked below to see all December 2014 charts and real estate updates.

December Reno 2014 median price was up 0.8% to $262,000 compared to $260,000 in November 2014 and up 12.9% compared to $232,000 in December 2013.

Reno/Sparks Association of REALTORS® December Market Report 2014

Median Sales Price Reno-Sparks December 2014

Median Sales Price Reno-Sparks December 2014

My Summary:

– New listing inventory dipped to a seasonal low of 281. This is putting pressure on prices.
– December unit sales were up 7% from November. Annual sales for 2014 were down 2% or 134 units
compared to 2013 annual sales. The market has normalized.
– The December sale to listing price ratio was as 98.3% and has remained between 98% and 98.5%
– The market remains in a seller’s market at 2.7 month’s supply of inventory, the lowest in history. T
– Supply of Inventory is at a historical low. With all the job growth projected, there is a need to build new housing in Reno and vicinity!  First Realty Karen Conrad, Broker

Reno to New York with JetBlue

Nonstop from Reno to New York City

Karen Conrad Realtor Broker Reno Nevada

Karen Conrad, Broker First Realty

JetBlue will have a nonstop flight from Reno to New York City in May of this year.  This nonstop flight will be a daily flight to New York  JKF  International Airport. This is exciting news for travelers whether one is on Business or Vacation. It will be a great time saver for business travelers and boost to the economy for Reno.  Direct Flights with JetBlue will begin May 28th. It is time to plan your trip; special fares will start at $98 each way.

Tourism and Business

Because of the tourism industry, Reno has an airport that most cities its size just dream about. Home owners as well as investors who own rentals and vacation homes will benefit by this new direct connection to New York.

For the full story go to:  LINK RENO TO NEW YORK ON JET BLUE

Clear Capital Relocates to Reno

 Karen Conrad

Karen Conrad,  Broker First Realty

Reno employment numbers will improve with Clear Capital moving its headquarters to Reno. Recent announcement indicates Clear Capital could bring up to 400 jobs to Reno. This will a improvement in employment as well as housing. While some employees are already living in Reno, there are others who will most likely relocate when company moves.

This is another good news story for our Reno economy. Nevada’s job growth is 3rd in the county behind North Dakota and Colorado.  For the complete story see this link:

Clear Capital moves HQ to Reno

Clear Capital delivers highly accurate and reliable real estate data.


Real Estate Trends 2014

Looking Back at 2014

Reno New Home Construction

Looking back at 2014 national real estate trends, many of them applied to Reno, Nevada and Modesto, California. In my opinion, the overall US economy (Reno, with the Tesla plant and other factors is really taking off) and low mortgage rates are main drivers of the recovery.

Here are the top trends per Realtor.Com

  1. Improving economic fundamentals – Reno is really taking off!
  2. Historically low interest rates
  3. Return to normal price appreciation
  4. Foreclosures and short sales declined throughout the year in Reno and Modesto
  5. Large-scale investor purchase decline, leaving more room for traditional first-time buyers.

(For the full story and additional real estate trends go to ) Karen Conrad, Broker, First Realty

Ray Pezonella – Professional Engineer and Candidate For Mayor

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download (18)RAY PEZONELLA, is a professional engineer and owner of  Pezonella and Associates, a geotechnical engineering agency,     in Reno, Nevada and he is one of two candidates for Mayor of Reno. As the son of an immigrant, Ray’s Timeline is as All American as it gets. 

Bottom Line Up Front: Remember to be true to your self.

Open read more to see the making of this episode on YouTube.

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Congress Amodei Interview with Bill

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Mark_AmodeiAs you can hear, we are in a noisy room, after a luncheon, with a face to face interview so there is a bit of back ground chatter but if want to be a congressman, this is the episode to pay attention to, our guest today was born in Carson City in 1958 , served in the Army and in private practice as an attorney, ran for state assembly then state senate, won and now he is a congressman.  He had to run and have the skill sets needed to win and one those many traits he possesses is his close ties to those he represents in this district, so without further ado lets get right into the conversation with our representing from the 2nd District of Nevada, CONGRESSMAN MARK AMODEI.

 BOTTOM LINE UP FRONT:  If you quit you lost!

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