Description: "ArrowCreek411 is all about all ArrowCreek"
Welcome to the ArrowCreek monthly property value update for a High Desert, Semi-Rural community in Washoe County, Nevada, that was designed to incorporate an independent, PRIVATE Golf Course, commercial business (A.K.A. the Non-Residential Area as documented in the Articles of Incorporation, the Covenants, Conditions and Restrictions (CC&Rs) and By-Laws). Participation in the private club (i.e., HOA residents do not have a financial interest nor obligation to ‘The Club,’ which is not true for all Associatio
The ArrowCreek community is financially diverse having been created that way by the designer of the community and Washoe County in 1997. It consists of 506 Semi-Custom homes, typically for middle and upper middle-income individuals, and 577 Custom home sites (all started out as vacant lots), typically for upper middle and high net worth individuals, of which 489 custom homes have or are being built. Approximately one third of all the lots, both custom and semi-custom, are directly adjacent to the golf cours
With interest rates rising, the number of properties changing owners was a surprising 6 (six) properties. This data appears to be in agreement with national publications and local real estate and banking professionals. Home price growth has definitely slowed and in fact, as you’ve read elsewhere, declined over the past four to eight months. Our year-over-year price gain of 3.8% (This number is highly suspect as the sale of homes, on the golf course, has fallen into a never-never land of statistical signific