Michael & Belinda Jackson's (renonevadarealestate) Blog

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Real Estate Agent - Keller Williams Group One, Inc.

ARCHIVED BLOG POSTS

2010 

As we all have heard for weeks now, the first time buyers tax credit expired today. The big question on every agents mind is, will they still buy?, will the market slow down? I think the market will slow down for a very short time. It won't take buyers long to figure out that they can't rent a ho...
04/30/2010
Will rates really go up over 6% by the end of this year? Everything I read says they will, but I'm just not sure. The markets are improving a bit but can they handle rates over 6%? I don't think so, at least not this year. With our market being heavy first time buyers and so many of those buyers ...
04/28/2010
There will still be plenty of GREAT deals after the tax credits expire in a few days. We have received several calls from buyers this week that are really excited to buy right now and can't wait to find that perfect house. They all say that it would have been nice to get the tax credit but they a...
04/27/2010
We have all been told over and over again, it's all about how you price that listing right? We'll it's true. If your not getting offers at your current price, you need to lower it just enough, maybe just under that "magic" price point and the offers will come. We had a condo listing that we have ...
04/26/2010
We have been showing several buyers short sale listings this year and it is driving me crazy that they are NOT priced right. Some will be priced WAY under market value, which we all know the bank will never accept, then we see several that are priced to high compared to recent sold comps. The buy...
04/24/2010
After finding out yesterday that someone stole the microwave in the bank owned home, closing was up in the air. We represented the buyer and we did our walk-through 1 day before closing. When we walked in, it was gone, who would come in and take it? CRAZY. But the reason for this blog is to compl...
04/23/2010
 I have seen everything now, this business just keeps getting crazier everyday! We are representing a buyer on a bank owned home that is scheduled to close tomorrow. So we go today to do a final walk-through and wouldn't you know it, someone accessed the combo lock (that's the best guess now) and...
04/22/2010
For the past 6 years in Real Estate we have been dealing with listing agents that are just down right rude. Our business is mixed between buyers and sellers and we would NEVER treat another agent the way we have been treated by some listing agents. When a buyers agent calls us and asks questions ...
04/21/2010
Reno MLS Numbers- Single Family Residence- 2,289 listed, 273 sold, 161 expired/withdrawn, 177 pending, 8.4 months supply Sparks MLS Numbers- Single Family Residence- 970 listed, 137 sold, 57 expired/withdrawn, 87 pending, 7.1 months supply Bottom Line- We are seeing that " Months Supply" of inven...
04/20/2010
At a signing with one of our buyers today, it really hit me again, WOW- I can't believe these deals !! The buyers purchase price on this bank owned home was under $160k, The seller paid all the buyer closing costs, The rate was real close to 5% fixed for 30, $8,000 coming back on a tax credit and...
04/20/2010
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Michael & Belinda Jackson

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smartphone(775) 848-9323
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