fernley nevada homes: Fernley, Nevada Homes and Real Estate Report Septembr 3013 - 10/21/13 02:02 PM

The drop in existing home sales is not unlike the prior seasonal trends we have seen in the fall after school begins.  We are also seeing a positive trend in the leveling of median sales prices. Fernley Homes Median Sales Price
September 2013 median price was down -10.5% to $119,950 compared to $133,950 in August 2013 and up 27.6% compared to $94,000 in September 2012. Median price is defined as the mid-point, where for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Sold
September, 2013 homes sold was down … (1 comments)

fernley nevada homes: Fernley, Nevada Homes and Real Estate Report June 2013 - 07/18/13 01:05 PM

 
Summary The fact remains that we are still in a seller's market and the demand for homes is very high.  Home buyers need to understand that if they continue to wait for home prices to decline, while interest rates have been increasing for the past five months, it is likely to lower their purchasing power. Fernley Median Home Sales Price June 2013 median price was up 4.8% to $119,000 compared to $113,500 in May 2013 and up 28.% compared to $93,000 in June 2012. Median price is defined as the mid-point where, for the time period identified, the price … (0 comments)

fernley nevada homes: Fernley, Nevada Homes and Real Estate Report April 2013 - 06/05/13 08:28 AM
 
Fernley, Nevada Homes and Real Estate Report, Your Guide to Buying or Selling a Home in Fernley! Summary: Properties in the $150,000 to $200,000 price range are the most desirable and continue to be scarce in the Fernley area. Although 69 percent of new listings in April were less than $150,000 there is an inventory shortage creating a high demand that the supply cannot accommodate. It is not unusual for homes in this price range to receive multiple offers that exceed the asking price. Fernley Median Home Sales Price April 2013 median price was down -4.4% to $109,900 compared … (2 comments)

fernley nevada homes: Fernley Short Sale SOLD 1371 Shadow Lane - 02/06/13 01:44 PM
 
 This beautiful 3 bedroom, 2 and one half bath home with a 3 car garage was sold on Tuesday, February 5 by Sandra Mathewson.
Located in the Sundance community, a two story home, 2159 square feet with lots of upgrades. An incredibly immaculate home with a formal living and dining room, expansive family room with a gas fireplace, kitchen nook and breakfast bar, lots of cabinets and all upgrdaded black appliances including gas stove, stove, microwave and side by side refrigerator.
The yard was fully landscaped and you could walk to the Out-of-Town park out your front door.
This was … (2 comments)

fernley nevada homes: Fernley, Nevada Homes and Real Estate Report November 2012 - 12/20/12 02:04 PM

Small Town, Big Amenities.....Fernley, Nevada Your New Home!
Summary
Fernley is experiencing a limited supply of homes for sale, very similar situation in Reno/Sparks. Fernley is continuing to see the demand for homes on the rise as shown in the increase in median home price by 28 percent from November 2011 to the current level of $107,500. Fernley Homes Median Sales Price
November 2012 median price increased 10.8% to $107,500 compared to $97,000 in October 2012. The median price is up 28.2% from the prior November (2011). Median price is defined as the mid-point, where, for the time period identified, … (0 comments)

fernley nevada homes: Rebuilding Homeownership For Distressed Borrowers - 08/17/10 01:02 PM

Fannie Mae's new policy to encourage distressed borrowers to agree to deeds-in-lieu of foreclosure, is reducing the waiting period from four years to two years for the distressed borrowers to become eligible for a new mortgage.
The new policy will apply to loan applications submitted after June 30, 2010,  requires a minimum downpayment of 20 percent from borrowers who have agreed to a deed-in-lieu within the past two years.  Borrowers with a deed-in-lieu in the past two to four years will be required to put 10 percent down to be considered for a Fannie Mae backed loan.
Borrowers who lost … (0 comments)

fernley nevada homes: Fernley Nevada Homes Real Estate Report May 2010 - 06/30/10 11:29 AM

The expiration of the tax credit appears to have an impact on sales. 
The May 2010 median price was down about 14% to $107,000 compared to $124,900 in April 2010. The median sales price has been relatively stable for the past twelve months.  Median price is defined as the mid-point, half of the sales for the time frame are below and half are above. May ended the month with 35 sold transactions down 25% from the prior month.  Sales were down 18% over the same period last year. The average days on market remains relative stable at 126 days, down … (0 comments)

fernley nevada homes: How Do I Homestead My House in Fernley, Nevada? - 06/05/10 11:41 AM

The city of Fernley is located in Lyon County, Nevada.  Homesteading your property allows your asset to be protected from forced sale, particularly claimants to bankruptcy. However, it does not exempt your property from sale in order to pay taxes.
The state of Nevada increased the amount of protection by $200,000 dollars beginning in 2007, increasing the total amount of protection to $550,000.  A homestead declaration must be recorded.  Rental properties are not able to be homesteaded in the state of Nevada.  Property that is eligible for homestead in the state of Nevada includes:  mobile homes, property/land with a dwelling … (0 comments)

fernley nevada homes: Splash Park Opens at Fernley's Swimming Pool! - 05/31/10 04:59 PM
May 31, 2010 by Sandra Mathewson · Leave a Comment (Edit)

The Fernley Swimming Pool will open its new Splash Park over the Memorial Day Weekend (May 29-31).
The Splash Park will include water mists, tunnels, water bugs and other water features.  The Splash Park will be open on May 29 from 12:30-3:30 p.m. and 4-7 p.m. and on May 31 from noon-to 3 p.m.  The Splash Park is anticipated to be open for 11 weeks in the summer.
Admission for the Splash Park is $2 for children over two years old.  Families can purchase a Splash Pass for $75 for … (0 comments)

 
Sandra Mathewson, CRS,ABR,SRES,GRI,CDPE,PSA,SFR (RE/MAX 4000)

Sandra Mathewson

CRS,ABR,SRES,GRI,CDPE,PSA,SFR

Grand Junction, CO

More about me…

RE/MAX 4000

Address: RE/MAX 4000, Inc., 120 W. Park Drive, Suite 200, Grand Junction, Colorado, 81505

Mobile: 970-261-1686

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog