THURSDAY, JUNE 12, 2008

Sales Update, May 2008

Montreux Home Values Increased by 17%
Despite current economic conditions, Montreux property values continue to rise! When comparing the last year of sales (May 1, 2007- May 1, 2008) to the same period the previous year (May 1, 2006 to May 1, 2007), the average home sales price increased by 17%. Additionally, the average sales cost per square foot increased by 12%. See the charts below, based on MLS recorded sales figures. Both facts provide evidence that Montreux properties are not only increasing in value, but the Buyers are also choosing higher quality of homes than the previous year.

Real Estate Activity Update
We had a great start to 2008 with a total of 10 properties sold in Montreux in the first half of 2008, consisting of one homesite and nine homes. The homes ranged in sales price from $930,000- $2,310,000.

WEDNESDAY, APRIL 23, 2008

Sales Update, April 2008

Since our last Real Estate Report there has been a buzz of sales activity, further evidence of the vibrant real estate market in Montrêux!

Another Renaissance and a resale Cottage sold in the last month.

In our last article we reported the Renaissance model was sold. The brand-new Renaissance model will be completed by May 31st. Please feel free to give us a call at 849-9444 and we will gladly show you the new exquisite model, located at the end of the Practice Range.

The Chalet Spec home on the corner of Bordeaux and Nordend is now staged. What a difference! This home looks fantastic. Come by to see the results for yourself. This home is 3,176 sq. ft. on a single level with no wasted space. With four bedrooms, a great room, a wine cellar and three-car garage, many have commented that this home has everything that you could want!

Please feel free to stop by the Welcome Center for any updates on available or sold properties and to welcome Monica on board, or call us at (775) 849-9444.

Brooke, Louise and Monica thank you in advance for your referrals that help our community grow and prosper.

(775) 849-9444

WEDNESDAY, APRIL 23, 2008

New Team Member -- Monica Gore

Brooke and Louise are thrilled to report a new addition to the Montrêux Sales Team, a fellow Montrêux Member, Monica Gore!

Monica has been an avid Montrêux Member since 2005. Monica and her husband, Doug, relocated to Reno three years ago from Whistler, British Columbia. With 12 years of experience as a successful entrepreneur and business owner, Monica’s enthusiasm and dedication are outstanding.

We anticipate Monica will bring the same level of energy and dedication to Montrêux real estate sales. Welcome Monica!

WEDNESDAY, APRIL 23, 2008

Montreux Represents the Highest Value in Reno!

You can’t open up a paper or turn on the evening news today without hearing the latest expert’s opinion on our current real estate market. Many of you have asked, “How are the real estate values in Montrêux holding up?”

Without a doubt, Montrêux has retained the highest property values in this turbulent market. Buyers see added value from Montrêux’s amenities (world-class golf and high architecture standards) setting Montrêux apart from other communities.

The following data was pulled from the Reno-Sparks Multiple Listing Service (from April 1st, 2007, to April 1st, 2008). Of the 24 reported sales in Montrêux, the average sales value per square foot was $424. This value is 35% to 40% higher than our surrounding “high-end” neighborhoods, including St. James Village, Galena/Callahan Ranch and ArrowCreek.

Montrêux continues to represent true value and price stability.

TUESDAY, DECEMBER 11, 2007

Montreux, Reno, NV: A Top 100 Best Residential Course!

The dream of any golfer is to live on a beautiful golf course. To have it be ranked in among the best is a further source of pride as well as an indication that the layout will provide years of enjoyable rounds and challenge.

Golfweek magazine officially released its Top 100 "Best Residential Courses" list today, and golf course communities featured on GolfCourseHome are very prominent with four of the top 10 and more than 25 overall.

Montreux ranks 63rd out of 100!

According to the magazine, the ratings are derived directly from the annual list of Golfweek's Best Courses, published each March since 1997. Golfweek's Best Golf Courses are ranked by 450 raters throughout the country, who judge on the basis of 10 evaluation criteria. Rankings are then calculated using a statistically rigorous process.

Click here to read the entire article in The GolfCourseHome Life

TUESDAY, DECEMBER 4, 2007

Montreux in Business Week, Nov. 12th 2007

Please click the link below to download the article that appeared in the November 12 issue of Business Week:
Download Article

THURSDAY, SEPTEMBER 20, 2007

Save the scenic corridor

Click the link below for a Citizen Alert regarding the scenic corridor!
Download file

MONDAY, AUGUST 27, 2007

September Real Estate Report

With the real estate market taking headline news recently, many of you may wonder how is the market in Montreux? Contrary to common opinion, 2007 is shaping up to be a year of strong real estate sales in our community.

We are thrilled to report that from January 1, 2007 to August 20, 2007 there have been a total of 37 properties sold in Montreux; an average rate of 4.3 properties per month. Of the 37 properties sold, 23 were homes and 14 were homesites. This year is shaping up to be stronger than 2006. Comparatively, in 2006 during the same time period only 16 homes were sold and 14 homesites.

Despite the negative press, the real estate market in Montreux is right on track!

New Team Member:
The Montreux sales team has the pleasure announcing our newest addition: Janae Scott. Janae is a Reno native, with over 8 years of real estate experience. Brooke Sullivan and Louise Simpson are thrilled to have Janae on their team. Please feel to stop by the welcome center to meet Janae.

Renaissance Update:
We have a new Renaissance model! The new location is 5990 Cartier, with breathtaking views of the 11th fairway and the Sierras. The brand-new model is open daily and showcases the wonderful open floorplan and stunning atrium of the Renaissance plan #3, with 3,785 SF.

Renaissance continues to represent the best value at Montreux with prices starting at just $999,000 for 3,200 SF. We have golf course and Sierra mountain view lots available, with three, single-level plans to choose from, ranging from 3,200-3,785 SF. Come by welcome center for more details.

The Last CreekSide Manor:
If you are looking for the very best of maintenance free living, beautiful custom details, and the sound of Galena creek at your back steps, the CreekSide Manor is for you! There is only one of these truly special homes left. Located at 6554 Champetre, this newly completed home offers three enormous bedroom suites and a great room design for $1,999,000.

For more information on any available properties, please feel free to contact:
Brooke, Louise or Janae at 775-849-9444