fernley nevada real estate: 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 real estate: 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 real estate: 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 real estate: 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 real estate: 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 real estate: Fernley Nevada Homes and Real Estate Market Report August 2012 - 10/11/12 12:39 AM

Fernley Homes and Real Estate Market Report, Your Guide to Buying and Selling a Home in Fernley, Nevada.
Fernley Median Home Sales Price
August 2012 median price decreased 9.3% to $89,000 compared to $98,000 in July 2012. The median home price is down 12.7% from the prior August. 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 Number of Homes Sold
August ended the month with 35 sold transactions, down 30% from the prior month, and down 16.7% from August 2011. Fernley … (0 comments)

fernley nevada real estate: 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 real estate: 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)

fernley nevada real estate: Fernley, Nevada Real Estate Market Report, April 2010 - 05/25/10 04:50 PM
 
Fernley, Nevada Home Sales
 
The first quarter housing report indicated that the numbers continue to show that the housing market in northern Nevada is stabilizing.  Reno Sparks Association of Realtors, 2010 President, Ken Amundson said, "We remain cautiously optimistic about these numbers and hope to see more of this stabilization over the next few months."
 
Median Sales Price
April 2010 median price was up about 25% to $124,900 compared to $100,000 in March 2010. Number of Units Sold
April ended the month with 47 sold transactions down about 11% from the prior month. Sales have been relatively constant … (0 comments)

fernley nevada real estate: When Should The Home Inspection Be Completed In A Short Sale? - 03/31/10 02:59 PM
I recently completed and earned the Short Sales and Foreclosures Resource designation.  I think the points concerning the home inspection are worth posting:
As per contract.  If the contract calls for the home inspection to be done in five business days after the contract has been executed, the five days would start from the time of signing by the buyer and seller not from the time of the lender approval. The buyer would not be able to negotiate any costs or repairs if the home inspection was completed after lender's approval.  The lender's approval is based on a definite dollar amount … (4 comments)

fernley nevada real estate: Fernley, Nevada Art Home & Garden "Christmas" Tour 2009 - 12/07/09 07:24 AM
 
 

December 5th was a cold winter night but that didn't stop the people from bundling up and going on the tour.
The first house was the "Art House" and featured some of our finest artists with their designs available for Christmas gift giving. Mary Jean Kelso, an award winning children's author was there with her collection of books.
The 5 homes on the tour were decorated in different themes.  Each one served delicious refreshments donated from our sponsors.
At the end, we stopped by City Hall for a look at the decorations and Christmas Tree Festival.
Take a … (0 comments)

fernley nevada real estate: Fernley, Nevada Real Estate October 2009 - 11/17/09 01:52 PM
 Fernley has shrugged off the  high "distressed Property" designation  title by the lending industry and just continues to churn out sales.
Majority of the buyers are First Time Buyers and they are getting the deals and the $8000 tax credit.
October's numbers are still keeping pace with the past 7 months:
Total sales of residential homes in Fernley are 60 for the month of October. 
The golf course had 5 sales:
Two bank owned both sold for $143,000, 3 short sales sold for $120,000,  $143,000 and $132,500
The rest of Fernley had 55 sales:
30 bank owned with an average price of … (0 comments)

fernley nevada real estate: Fannie Mae Introduces Deed for Lease Program - 11/17/09 04:38 AM

On November 5, 2009, Fannie Mae introduced a new program designed to minimize family displacement, deterioration of neighborhoods caused by vandalism and theft to vacant homes, and the effect these have on families, communities and home price stabilization.
Called "Deed-for-Lease" (D4L) allows qualifying borrowers of properties transferred through deed-in-lieu (DIL) of foreclosure to remain in their home and community by executing a lease of up to 12 months in conjunction with a DIL.  Investment properties that are tenant-occupied may also be considered as long as the borrower is cooperative in providing information from the tenant to facilitate the D4L.
For … (2 comments)

fernley nevada real estate: Fernley, Nevada Why Do Homebuyers Choose To Live Here? - 11/04/09 03:15 PM
 

Located 32 miles east of Reno on Interstate 80, where 80 meets U.S. Highway 50 and U.S. Alternate 95. Our population is approximately 18,000 and the landscape is mostly desert with the mountains as a backdrop.
The town was established in the early 1900's,  we incorporated and became a city in 2001.  Since then, a lot of changes have come our way, but we still remain the family oriented small town that drew most of its current residents.
We have bright blue skies almost year-round, 4 seasons and mild winters.  An abundance of recreational opportunities and in close proximity are Pyramid Lake and Lake Lahontan … (0 comments)

fernley nevada real estate: Northern Nevada, The Truckee River and Fall - 11/01/09 02:13 PM

 
My favorite time of the year......driving between Fernley and Reno/Sparks the Truckee River follows I-80. When Fall arrives, you can't help but look at the trees turning colors for the 38 +/- miles. 
Today was such a wonderful day.  It was Sunday, the First day of November and a balmy 70 degrees.  I grabbed both of my cameras and told my husband I would be gone for about 2 hours.
Trying to get down the river is challenging.  Almost all of the scenic spots are private roads leading to private homes.  The best I could do was pull off by the … (4 comments)

fernley nevada real estate: Fernley, Nevada Real Estate Sales and Statistics for August 2009 - 09/06/09 02:55 PM
Sales of homes in Fernley are proof that the town intends to recover from the stigma of the foreclosures.  August was another month of record resales.
How can you not love a town like Fernley?

August had 57 homes sold, 6 in the golf course and 51 in the rest of Fernley.  Here is how it breaks down:
Fernley, 51 homes sold:
32 bank owned homes:
list price high $176,920  low  $42,000  average  $102,348
sold price high $173,000  low  $45,000  average  $102,932
average days on market were 93  average $59 per sq.ft.
12 short sales:
list price high  $179,500  low  $69,900  … (0 comments)

fernley nevada real estate: Fernley Nevada Homemade Ice Cream ! - 09/03/09 10:13 AM
    See the video for Steve's Homemade Ice Cream by clicking on the photo or click Here

(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

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

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