The residential real estate crunch in Reno has grown worse.
The Reno Gazette-Journal reportsJuly housing prices in Reno exceeded the high from the last housing boom. The median price for a house in Reno in July was over $387,000 – up 8 percent from last month and 17 percent from a year ago.
The city’s previous high of $380,000 was set in 2006.