Newest Community in Elko

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1 Newest Community in Elko Homes are now available at Hamilton Stage - Phases 2 & 3 Come see the value of a quality built Artisan home that will surpass your expectations. Contact Joyce Molohon for more information: Joyce@SellsElko.com SellsElko.com A Look at the Reno Market February s median home price in Reno area stands at $235,000, which is up 7% from January. Strikingly, this number is up a full 24% from February In February 2013, the average home price in the Reno area was $190,100, but now the average home price stands at $235,000. This has been a sizable jump in just one year.

2 The number of units sold has slowed since its peak in August However, the number of units sold in February jumped 7% from January. The number of units sold in February 2014 was 375, up from 350 in January. This number is down 11% from February Overall, number of units sold is also following seasonal trends.

3 New listings were up 8% in February, which also followed seasonal trends. Interestingly, new listings for February 2014 are up 13% over February First Time Home Buyers are Facing Three Distinct Challenges First time homebuyers are having some difficulty finding homes due to lack of inventory. A second factor impacting first time homebuyers is that stricter lending requirements are now in place. The final major factor impacting first time homebuyers is increasing interest rates. However, with that stated, interest rates are still at historically low levels. Now Is Looking Like a Good Time to Sell! Sellers will find that this is a very good time to put their homes on the market. This is particularly true for those pricing their homes at an entry level. The lack of inventory is good news for sellers. Buyer demand is quite strong. If you are considering selling your home, 2014 is looking quite good. Data sourced from NNRMLS Day Move-ins at Galaxy in Wingfield Springs

4 Complete and Ready for Move-In Homesite $305,571 2,191 square feet Elevation A 4 bedrooms 2.5 baths 3 car garage Ready in 30 Days Homesite $290,801 1,906 square feet Elevation B 3 bedrooms 2 baths 3 car garage Ready in 60 Days Homesite $309,288 2,191 square feet Elevation B 4 bedrooms 2.5 baths 3 car garage Open 7 days a week - 10am to 5pm (Mondays 1-5pm) 4055 Big Bang Court - Sparks, NV (775) fax (775)

5 Luxury New Homes in Sparks Pebble Creek (Sparks) The four single family home plans at Galaxy will be highly amenitized and feature: - 2,554 to 4,300 sq. ft bedrooms - 3 baths - 3 car garages - Ask about optional enhancements including motor garages and casita options For more information or a private tour, call Laura and Missy at (775) Tips for Saving for Your Retirement Most of us at some point or another will begin thinking about and saving for retirement. In this article, we are going to explore some of the smartest moves you can make towards accumulating a nice nest egg for your future. Tip One - Start Early You may be thinking that it is too late to start earlier, but actually the sooner you start the better. Most financial experts agree that if you can start saving early, your retirement fund will be much larger when retirement finally arrives. Tip Two - Minimize Your Taxes There are many, many ways that you can minimize the taxes that you pay. Of course, you should pay your fair share, but there are ways of investing that can help you keep your taxes low. Talk to your accountant and/or financial advisor to develop some strategies.

6 Tip Three - Contribute to Your 401(k) Program Many people who have a 401(k) program don t actually contribute. If your employer is matching your contribution, then why not take full advantage of this fact? You can really build up your nest egg quickly with a 401 (k) program. Tip Four - Check Your Credit Report You may be tempted to think that your credit report has nothing to do with saving for retirement, but it does. An inaccuracy on your credit report could be costing you a bundle when it comes to borrowing money and the interest rate you pay, and that is money that could go towards retirement! Tip Five - Diversify By diversifying your portfolio, you are protecting yourself from unexpected moves in the market, the world, disruptive technological breakthroughs and more. The more diversified you are, the better off you are likely to be. Tip Six - Really Do Your Research When it comes to investing, it truly does pay to do your research. This means that you need to be very sure about the track record of any financial advisor that you consider. Additionally, when working with financial advisors, research their advice on your own to ensure that you are indeed getting great tips. Tip Seven - Wisely Invest in Real Estate Historically, buying a home has proven to be an excellent long-term investment. Many people as they near retirement sell their home and pocket a nice profit. Buying a home and then living in that home for many years is an easy way to save for your retirement. It should be noted that it is essential that you properly maintain your home to protect your investment. By following these seven tips, you are sure to see tangible results. Remember it is never too early to start saving for retirement and the more you save today, the more you ll have tomorrow. So diversify, double and triple check all the investment advice that you receive and set clear saving goals.