Here is some more economic good news that supports why Northern Nevada Real Estate continues to be an excellent investment.

 

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12 out of 12 key economic indicators for Northern Nevada are all positive.

As reported by RCG Economics – please see:   Econ trends overview

Highlights:

Please see:   Northern Nevada Economic Graphs

* Job Growth continues to increase, unemployment continues to decline

*Construction jobs in Northern Nevada increased 10.9% from February 2014 to February 2015.

*The 12 month average Washoe County Visitor Volume is now the highest since September 2008

*Taxable retail sales in Washoe County are up 8.4% comparing January 2014 to January 2015

*The average weekly wage in Washoe County is up 6.2% from February 2014 to February 2015

*Reno / Sparks office vacancy has reached a seven year low, industrial vacancy has reached a new five year low

*Median home values based on normal appreciation rates remain reasonable and the region is not experiencing another “bubble”

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Filed under: Lake Tahoe Lifestyles

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