3q10 Economic Indicators Report available...

The Center For Regional Studies has completed the third quarter 2010 Economic Indicators report and put it on the website.  There is some good news in there, but the reality is that there are going to be some tough times in Reno before we can put this recession behind us. Download a PDF copy of the report from our website, and make sure you’re subscribed to our RSS feed so you’re notified as we update the data on our site!

2nd Quarter 2010 Home Sales and Foreclosure Data f...

The Center for Regional Studies has just finished compiling the latest data for home sales and foreclosures in Washoe County and posted them to the website.  Here are some of the highlights: There were 209 new single family home sales in the second quarter — up 365% from the first quarter and roughly even with 2q09 new home sales.  Because of unusually pitiful new home sales in the first quarter of this year, that percentage increase looks far more impressive than it otherwise would, but it’s still a bit of good news for the area.  The median sales price of new single family construction was $212,000, which was 4% lower than it was last year.  New condo sales were up 53% in the first quarter with 26 new units finding owners, but the median price of those units declined slightly to $161,900. Existing single family home sales were up 22% in the second quarter compered to the first, and up 12% compared to last year.  The median sales price of existing single family units...

Business Pulse...

With the help from InfoSearch International (located in Reno) the Greater Reno-Tahoe Economic Outlook Business Survey has found a new home at the Center for Regional Studies. As you may already know, the survey was sponsored by EDAWN and Reno-Sparks Chamber of Commerce since 2004. Because the Center for Regional Studies’ mission is to obtain, analyze, and map the very best data possible, we could not pass on the opportunity to house the survey of CEOs, executives, government leaders, and business owners’ attitudes on the economy. We also look forward to help guide future surveys with relevant and timely questions important to the region’s economy. Because primary data collection at the local level is in short supply, we are excited to engage with InfoSearch International to help fill that gap. And because our mission is to provide the best information possible for your business decisions, please take a few minutes and explore the survey results. You may just stumble on something...