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Summary 2010 was a year of leveling median sales prices and an artificial stimulus of sales as a result of government incentives as indicated by the year-over-year statistics. Although we did not experience a slight decrease in median sales prices, December 2010 sales are the highest in recorded history. For the past four consecutive Decembers, we have seen year-0ver-year increases in sales numbers. We are cautiously optimistic that 2011 will be yete another year of stabilization of pricing and sales without incentives. Reno-Sparks Homes Median Sales Price December 2010 median price was down 2.9% to $165,000 compared to $169,950 in (0 comments)
Fernley's New Silverland Middle School - 01/29/11 12:45 PM
In December of 2010, the new energy efficient facilty was dedicated. The school was named after Silverland Dairy, which was owned and operated by the Anderson family in the early 1900's. Although the school provides high technology and modern day energy efficient equipment, inside the school's hallways are murals of Fernley's past, includung an old grocerty store and an old one room school house, to name a few. The 30 acre property is now home to 565 seventh and eigth graders, who chose their school colors to be black and orange and the mascot to be the Vaqueros. The school was (0 comments)
Summary: This past year was one of leveling median sales prices and an artificial stimulus of sales as a result of government incentives as indicated by the year-over-year statistics. We are cautiously optimistic that 2011 will be yet another year of stabilization of pricing and sales without incentives. Fernley Homes Median Sales Price December 2010 median price decreased by 11.0% to $97,850 compared to $110,000 in November 2010. The median sales price has been relatively stable for the past eight months. The median price is down only 2.6% from the prior December, a significant improvement over prior year-over-year median price (0 comments)
Fernley Nevada and Surrounding Landscape in Photos - 01/28/11 12:57 PM
In Fernley, we are very fortunate to have Jerome (Jerry) Mansker who is a very talented photographer. Jerry put this beautiful portfolio together of the Fernley and surrounding area landscape. You can reach Jerry at email@example.com (0 comments)
The Department of Veteran Affairs (VA) has instructed mortgage servicers to pay relocation assistance to borrowers completing short sales or deeds-in-lieu (DIL) of foreclosure on VA loans. VA has a longstanding policy of encouraging servicers to work with veteran borrowers to explore all reasonable options to help them retain their homes or, when that is not feasible, to mitigate losses by pursuing alternatives to foreclosure. VA is authorizing servicers to advance $1500 in relocation assistance to borrower occupants who complete a short sale with a VA compromise claim or who execute a DIL. The transfer of ownership via DIL or short sale (1 comments)
Reader's Digest is holding a contest called "We Hear You America", where they will be awarding more than $5 million in funds and promotional support to 100 towns and cities across the U.S. The money can be used to promote things like tourism, civic works, job growth and economic development. Let's make Fernley one of those cities! Here's how it works...click on this link.....http://wehearyouamerica.readersdigest.com/town.jsp?town=FERNLEY&state=NV and register, it only takes a minute. From there, click on the blue "Cheer" button on the left side of the page. You can do this up to ten times. Each vote for (or cheer) helps (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.