About

STEAMBOAT HOT SPRINGS…also known as CHICKEN SOUP SPRINGS

Many of us might not know, but one of the oldest spa’s in Nevada is a mere 8 miles down Mount Rose Highway from Montreux and the surrounding area. The road in front of Steamboat was once the Lincoln Highway, the 1st highway built in the United States. It went as far as Chicago.  In 1849 Winnemaca war chief of the Paiute Indians stationed their winter camp along the banks of Steamboat springs.  Indians traveled as far from Mexico to come to Steamboat Springs as it was considered a Sacred Grounds and camp in the foothills of Steamboat Springs. The Indians used the hot springs to cook their pine nuts while in 1849 settles were parboiling entire oxen in the hot springs. The well at the springs was named “Chicken soup” as the water was supposed to have a taste of chicken soup.

James Cameron discovered the Springs in 1859.  A sticky, black goo on the other side of SteamBoat was to be full of gold and silver which brought many miners to the area.  In 1862 Dr Ellis built a 34 bed hospital along with 7 baht houses. He was from Austria and had studied under Sebastian Kneipp a renowned Doctor in Hydrotherapy and practiced healing with herbs.  This was the first hospital in the world outside Austria to apply theses techniques and was considered advanced for the times.  Unfortunately there was a fire and in 1863 the resort was rebuilt as was the hospital.

Mark Twain came often to the springs to soak in the hot tubs as it was thought to help with rheumatism among other ailments. Dr Ellis made a concoction called “The Wake up Jack,” mixture which Mark Twain tried and for 48 hours said his stomach had never had such a scourging and would never take it again even though he felt wonderful after the three day ordeal. Once again the buildings burnt down and now it was owned by a Mr. Cullins who severed his relationship with Dr. Ellis.  In 1873 Mr. Cullin’s fell into the hot springs while building a new bath and died within 7 days as he was boiled alive. His widow sold the springs in 1874.

In 1878 construction of the Steamboat Irrigation Canal began.  A 34 mile long ditch originated above Verdi on the Truckee river to just south of the resort.  It still functions today.  President Ulysses Grant steamed into Virginia City and stopped off at the resort.  Unfortunately an earthquake on December 10th 1900 caused the hot Springs to dry up.  In 1918 Dr. Edna J Carver took possession and drilled new wells resulting in a sprouting 30 ft geyser, ending the dry spell.   The Spa was plagued by fire many times and in 1974 it was placed under the national Historical Register and a marker was placed along US Highway 395 S.  In March of 1996 the spa was reopened to the public and is run by a non-profit organization  – International Community of Christ, Church of the second Advent.

The waters at the Spa have a generous amount of minerals in them.  To mention a few, Silica, Sodium, Lithia and Lithium.  I have personally been many times and really enjoy the warm water and its healing power.  The Spa is located at 16010 S. Virginia street, Reno NV 89521 and the phone number is 775-853-6600.  www.steamboatsprings.org.

Tech Companies Create a Housing Boom in Nevada.

The housing market has been improving statewide throughout Nevada, and we expect around 50,000 people to arrive to the area in the next five years, according to the Nevada Association of Realtors. Prices have rebounded to just over half of pre-recession highs. Foreclosures and short sales have dropped to 6% in the two major cities combined markets. Demand has finally caught up to the supply and now it is getting harder and harder to find available homes. Residential development is still possible in Nevada due to its diverse landscape. From high desert surrounding Reno to the lush pine forests of neighboring Lake Tahoe, the natural sights are sure to please many. A typical Reno home now sales for $299,250, nearly double the price from the city’s recession low in January 2010 when homes fetched a meager $167,000, according to data from the Northern Nevada Regional multiple listing services. Luxury prices in Reno soared 20% year over year, according to special report on luxury sales release by Redfin last month. The Seattle-based brokerage firm says that average luxury home in Reno sales at around $1.1 million – cheaper than nearby San Francisco, where the average price for a luxury estate is $5.9 million. One has to remember that San Francisco is a mere 1 hour flight away and a 3 1/2 drive. Jet Blue now has a direct flight from Reno to New York as well.

Nevada is going under a transformation and there are more than just electric car companies that are a part of it. Dozens of companies have begun to move their operations to the state, many to the Tahoe Reno Industrial Center. Wal-Mart also has a 1 million-sqft. distribution facility there. Also located in TRIC is Las Vegas-based Switch and their data center, the largest in the world once it is completed. The Amazon distribution center and the Apple data center are also additions to the Reno community. A Palo Alto-based company, Tesla is building its $5 billion, 10 million-sqft. Gigafactory in northern Nevada in order to produce the lithium ion batteries that run their vehicles.

The Economic Development of Western Nevada (EDAWN) is continuing to focus its efforts on stimulating business, which thereby increases visitor count. Please watch this new video produced by Edawn on THE NEW NEVADA. The RSCVA has partnered with EDAWN, UNR, the City of Reno and the Regional Transportation Commission in order to market the region at a national level. There has also been increased awareness to the region due to newly added air services to and from Reno. For example, in June Southwest will begin nonstop Reno flights to and from Orange County. In addition to these, Reno-Tahoe has seen a snowy winter that has attracted ski bums from all over and promises a high water level on Lake Tahoe for summer adventures like rafting, kayaking, boating and water sports. Here is a  Economic Presentation

Affordable Housing Vanishing in Reno

In 2015 housing prices skyrocketed in Northern Nevada.  Northern and Southern Nevada are battling neck and neck for fastest growing region.  Prices are almost back to what they were in 2005. Nevada had a 4.5 percent job growth in 2015, according to the Nevada Department of Employment, Training and Rehabilitation. Northern Nevada is expecting close to 10,000 new jobs per year according to DETR and the Economic Development Authority of Western Nevada Projections.

There is no doubt that the employment increase is due in part to the Tahoe-Reno Industrial Center, the largest Industrial Center in the world.

Tahoe Reno Industrial Center (TRIC) is a massive 107,000 acre park that encompasses a developable 30,000 acre industrial complex with pre-approved industrial and manufacturing uses. The uniqueness of the park and the county in which it resides is outlined in a recent article (click here)

Located nine (9) miles east of Reno on I-80, in a pro-growth Nevada county, the four 5,000 acre phases now available for development include:

  • Rail serviced sites
  • Municipal water and sewer utility companies
  • High pressure gas to all sites
  • Five (5) generating power plants on site with more than 900 megawatts of electrical power available to all park users

According to the Builders Association of Northern Nevada the housing inventory if far below demand. A healthy market has 6 months worth of houses to supply buyers and we have slightly less than 3 months available. This is why we are continuing to see rising housing prices as demand increases faster than supply.  The rental market has increased as well with the median rental price at an all time high of $946 per month, according to real estate website Zillow. Rentals are also expected to increase this year despite new developments. A similar lack of Multi-Family inventory and land is causing a rental crises in the region and raising prices.

During the next 5 years, housing prices are expected to increase another 6 % in Nevada, according to a December 2015 report by CoreLogic, a financial services and real estate consulting firm.  Similar percentages are also expected all over the country. However not everyone agrees they will go up that high. The Reno/Sparks prices might remain flat or rise more slowly, according to BANN forcast. A sudden increase of housing units, both single or multi-family would also change the supply in the region and affect prices.

Reno Home Prices rise 20% in April

Industry analyst Brian Bonnenfant said he’s “definitely” seeing real recovery in the region’s long suffering housing sector.  April home prices jumped more than 20 percent compared with last year in the Reno/Sparks market, according to a report.  Once again we believe this is true due to the inventory of for-sale homes being so limited.  As a result this has also affected New home sales.  About 300 new homes were sold, a 150 percent increase, compared to the first quarter of 2012, said Bourdeau, who is a real estate agent with Keller Williams Realty Group One.

As a result of what is happening to the market in the Reno/Sparks area, we have seen a drop in the unemployment to fall below 10%, down from 14% during the recession.  Washoe County’s taxable sales have also increased for three consecutive months in Nevada.  We also had the highest home appreciation in the nation at 24.5 percent.

In little more than 2 years, Washoe’s median sales price has risen more than 60 percent from its recession low of $135,000 in January 2012, but it is still well below the pre-recession high of $350,000 in the third quarter of 2005. Today the median sales price of a home is $222,000 in the Reno area.  Washoe median sales price is $218,000 and Sparks is $195,000.  Many buyers now have higher qualifications guidelines and we are seeing tons of cash where last time there were a lot of people who really should’t have been buying.

With low inventory of homes for sale and a growing buyers market we expect to continue this trend.  This might be the right time for sellers to consider listing their homes.  In Montreux we are seeing lots once again selling  to buyers  who cannot find a luxury home that suites them and are choosing to build their dream home.  Our inventory is so low with only 15 homes on the market at present.

 

 

 

Reno housing market has fewer homes underwater.

For the first time the Reno’s housing market has joined the growing list across the country of metropolitan areas recovering from one of the worst housing crises in decades.  It continued to show improvement in January.  Reno has seen a 4.7 percent growth in building permits since its low in June 2009, a 12.3 percent increase in home prices since February 2012 and a 3.3 percent improvement in employment since February 2012.  All good sign’s that we are once again moving towards a healthier market.

A limited sales inventory of existing homes – has increased the median sale price, according to  the Reno/Sparks Association of Realtors February report. In January 2012 the median home price was $135,000, today it has jumped to $182.500.  It has also been noted that over 4,000 new Reno/Sparks homeowners no longer had “underwater” attached to their homes during the fourth quarter of 2012, according to a report released Tuesday by analytic firm Corelogic.  Negative equity, also known as being “underwater” or “upside down, means that the homeowner owes more than their home than it is worth.

Nevada’s state attorney general and the head of a Las Vegas nonprofit consumer counseling agency unveiled a program and an advertising campaign on Monday aimed at giving distressed  homeowners facing foreclosure a free one-stop place to seek counseling, referrals and legal support.   This program is to help those residents facing foreclosure or have lost their homes, as well as those seeking loan modifications or who are current but underwater on their home loans.  It will also help people who are working toward home ownership.  Money for the Home Again program comes from $57 million Nevada received from five of the nation’s largest banks as part of a national foreclosure settlement last February.

Online magazine Business Insider recently reported that Reno, NV ranks among the top U.S. housing markets where prices are expected to rise the most in the next five years.  Nevada’s state capital, Carson City, also made the grade.  To read the entire story, please visit:  The 15 Best Housing Markets For The Next Five Years.

Real Estate in Northern Nevada Looks more Positive in 2013

Residential real estate is improving and builders’ forecast looks more positive.  After 5 years of almost no construction more buildings are now going up in the Reno/Sparks area. With more demand for new  homes expected in 2013 residential real estate experts are more hopeful that  perhaps we have hit bottom and that we are turning around to a more positive future. With limited existing homes and a low inventory on the market, builders are seriously considering once again to start building more homes is our area.

The area saw a 65% increase in new home sales in 2012.  Spanish Springs, south Reno and north west Reno showed the most construction activity in 2012 and that trend is expected to continue this year, with an estimated of 925 new homes sales and 950 permits. In Montreux alone we have approximately 7 new homes being built at present, with 23 home sales in 2012, up from 2011,  and only 26 homes on the market at present, we are in a situation were  inventory is low and demand is up.

Nevada had the second-highest home foreclosure rate in the nation last year, but in the longer term, the state’s is now showing improvement. For the first time in 5 years Nevada is not at the top in terms of foreclosure filings, taking second place behind Florida.  This was reported in tracker RealtyTrac 2012 report.  Additionally, Nevada’s rate reflects a 56.5% decline from 2011 and more than 70 percent drop from 2010.

The commercial real estate  market is likely to see a slower recovery as no new construction is expected with the excess of inventory already in the Reno/Sparks market.  They predict it will continue to be slow but steady.

Governor Brian Sandoval believes the table has turned and there is light at the end of the tunnel for Nevada.  With unemployment   lower than it has been in over three years and falling faster than almost every other state in the nation.   With Education taking budget priority.   $300 million, will be allotted to three areas – K-12 education, higher education and the Department of Health and Human Services.  There is no doubt in my mind that Nevada is still a great place to live!

Real Property Valuation: How is This Determined

I thought it would be interesting to explain to home owners how ones property tax is determined by the Washoe County Assessor:

When is the next tax year? Each tax year runs from July 1 to June 30.

What is taxable value?  Taxable value is the full cash value (market value) of the land and the current replacement cost of buildings, etc. less statutory depreciation.

What is included in Buildings, etc.?  The legal definition of buildings includes all structures affixed to the land.  This includes items such as wells, septic systems, corrals, pavings, mobile home utility hook-ups, etc

What is assessed value? Per NRS 361.225, the assessed value is 35% of taxable value.

Is there any type of assistance available for individual taxpayers?  Exemptions are available to bona fide Nevada residents meeting certain criteria such as:  surviving Spouse, Veterans, disabled Veterans and Blind people.  For more information call

775-328-2277

Why did my value increase by more than 3% or 5%  ? Nevada Revised Statutes 361.471 through 361.4735 provides for an abatement (cap) on taxes NOT on assessed value . To review “tax cap” statues please contact our office at 775-328-2277 or visit our website at www.washoecounty.us/assessor/cama

What is listed as NEW TO ROLL on this notice?   Any new value due to new construction or a change in actual or authorized use.

What if I disagree with the taxable value?  If you have any questions, please contact this office as soon as possible,preferably within 10 days, at 775-328-2233.  If they are unable to resolve matters to your satisfaction, you may appeal to the County Board of Equalization.  Such appeals must be filed at the Assessor’s Office by January 15, 2013.

What if I disagree with New To Roll, Remainder Values or the partial abatement(“Tax Cap”) statues?

You may petition (appeal to) the Assessor or review these abatement decisions pursuant to Nevada Revised Statue  361.4734.  Please call our office at 775-328-2233 or visit our website at www.washoecounty.us/assessor/abateappeal for additional information and the filing deadline.

In the near future the secured tax roll list will be available at Washoe County Libraries, at the Assessors office and on their website: www.washoecounty.us/assessor before January 1st 2013

Dr. Peter Lim, Gynecologic Oncologist puts Reno on the Cutting Edge with Robotic Surgery.

Reno and Renown Regional Medical Center  are proud to have one of the best gynecologic oncologist in the country, at their hospital.  Dr. Peter Lim, Board Certified gynecologic oncologist,  specializes in Pelvic & Minimal Invasive Surgery. In addition to this, Dr. Lim   also specializes in the unique procedure of Da Vinci robotic system. Da Vinci allows him to perform more precise and less invasive procedures to minimize hospital stay for a faster recovery.   Dr. Lim attended medical school at Drexel University College of Medicine and graduated in 1990 having 22 years experience.

On Friday November the 11th 2012, Dr. Lim and his team, who are recognized as one of the nations 5 gynecologic oncology “epicenters” for the da Vinci robotic surgery, which means they train their peers on their specific procedures, preformed a surgery which was watched by over 1,700 doctors who had gathered for the 41st annual American Association of Gynecologic Laparoscopists Global  Conference on Minimally Invasive Gynecology in Las Vegas.  Lim described what he was doing and why, giving the doctors his personal tips.  This was roughly his 1,000 time that he sat at the computer console and controlled the robotic arms to perform a complex surgery.    The robotic arms are an extension of his own appendages and act just like his fingers. Dime size  incisions are made and the robotic instruments are inserted and then one arm operates a camera, while the other two had tips that Lim control’s to cut, move and replace tissues.

What are the advantages of doing surgery this way?  They make surgery faster, less invasive and causing less pain and scarring, the   body is magnified and the procedure also decreases the risks for complication.  Patients use less painkillers and 80 to 90 percent recover within three to four weeks.  Lim’ said, ” This technology is truly reflective of what Renown stands for…it’s the most cutting edge of surgical techniques.”

Renown has been offering da Vinci robotic surgeries  since 2008, being the first hospital in Northern Nevada to offer this technology.  Earlier this year, the hospital upgraded to a da Vinci SI model, which features an enhanced surgeon console and 3-D capabilities.  This makes it easier for the surgeon to dissect fine tissue and avoid cutting blood vessels.

Contact Information for Dr, Lim:

Address: 75 Pringle Way, Reno, NV 89502

Phone: (775) 327-4673

FALL GARDENING IN MONTREUX AND THE SURROUNDING AREA

There is no doubt in  my mind that this fall has been very mild and pleasant, however the time has now come for us to prepare our gardens and yards for the winter months to come.

In most climate zones, Fall is actually a better time of year than even spring to plant or transplant trees, shrubs, and many other perennial plants. The soil tends to be warmer which promotes root growth, and — unlike with spring planting — there’s not the potential of a long, hot, dry summer facing the young upstarts. It’s also the time of year when you can save a bushel of cash on gardening equipment and nursery stock. If you don’t already have one, you definitely want to start a compost pile in the Fall to provide a receptacle for all the  leaves and other yard debris you should rake up before winter sets in.  The best medicine for a garden is organic matter and composts heaps are the answer.  Nothing in my kitchen that is  organic is thrown away, everything goes into the compost heap, watered and turned regularly with great results in the spring.   If there are any problems plants infested with insects, mildew or other pests, remove the damaged material and throw it away rather than putting them in the compost heap. Never add meat, fish or dog waste into your compost pile.

In addition to being the best time to plant most springtime flowering bulbs (e.g. tulips, daffodils, crocuses, irises, etc.) as well as trees and shrubs, many perennial plants and vegetables can be divided in the Fall. Dividing most perennials – once they’re sufficiently mature – will both make them healthier and create multiple plants out of a single one, all for the cost of nothing more than a little light labor. Do your research in advance to determine which types of perennials should be divided in the Fall and the best methods for doing so. In general, perennials should first be thoroughly watered and the entire plant dug out of the ground, with its root ball intact. The root ball should then be separated into smaller plants by pulling it apart with a pitch fork or, in some cases, even cutting it apart with a shovel or other sharp tool. The smaller plants should then be immediately replanted in the ground and watered again.

Most people love garlic and now is the time to plant them. Place healthy, good sized certified disease free cloves about 2 inches deep with the pointy end up, cover with soil and a thin layer of straw.  During the winter months the roots will start developing and be ready to grow in the spring.   Generally after my last mowing of the lawn when I leave the clippings on the grass I fertilize one last time before winter arrives.  Good luck have fun and see the results in Spring.

Last but not least for the Montreux,Galena and surrounding are  I use the website noaa Galena and it gives you the correct temperatures for our region.

RENO ACES BASEBALL TEAM CHAMPION OF TRIPE-A,PCL

Once again Reno “The Biggest little city in the World,” puts itself on the map.

In Durham N.C. on September 18th 2012 they won the championship just after 4 seasons against the Pawtucket Red Sox.   A.J. Pollock won the most valuable player award for the Triple-A national championship game and remark that, ”This was a great experience and that the entire team came together to make this happen.” Both Pollock and first baseman Mike Jacobs were called up to the majors by the Diamondbacks.

Aces manger Brett Butler was thrilled to win, this being his first time.   He had won a National League title in 1989 but had never been a part of the last team standing.  The Aces moved from Tucson, Ariz., in 2009.  Stuart Katzoff said,” It is great to have been in business only four years in Reno and already win a championship.”  Stuart Katzoff, is the managing partner who owns the Aces with his father Jerry and Indiana Pacers owner Herb Simon. “As old and established as Triple-A is, this is pretty special.  This means everything to us.  We always wanted to provide affordable entertainment in Reno, but affordable family entertainment also means winning and we love to win.  The cherry on top is to win a championship and be part of a great organization that wins.”

Fans welcomed home the players on Wednesday morning.  Archie the team’s mascot, posed with the championship trophies and fans got their shot as well.

Opening Day  2013 will start by the Triple-A championship trophy being officially present to the city of Reno fortunate enough to host the best minor leagues in baseball.  Don’t wait to get your pass… act now.

Address
Reno Aces Baseball Club
Aces Ballpark
250 Evans Avenue
Reno, NV 89501

Phone (775) 334-4700
Fax (775) 334-4701
E-mail customerservice@renoaces.com

www.renoaces.com