sandra mathewson: Fernley Homes and Real Estate Market Report May 2011
- 06/28/11 05:48 AM
Summary: The median sales price has continued its settling trend over the past 24 months. More buyers and investors are deciding it is an opportune time to purchase a home. High inventory and low prices reflect the affordability of homes, verified by the increase in home sales. Fernley Homes Median Sales Price May 2011 median price increased by 8.8% to $87,000 compared to $80,000 in April 2011. The median price is down 19.8% from the prior May. Median price is defined as the mid-point, the price half of the sales for the time frame are below and half are above. Fernley … (0 comments)
sandra mathewson: Reno -Sparks Homes and Real Estate Market Report April 2011
- 05/31/11 03:51 AM
Summary: We are continuing to see settling in the median price. The news is "the affordability door is open to buyers". This means that a two-income household, earning approximately $10 per hour each, can now afford the median priced home in the Reno/Sparks area. Reno-Sparks Homes Median Sales Price April 2011 median price was down 3.1% to $155,000 compared to $160,000 in March 2011. The median sales price continues to settle from the prior month. For the past eight consecutive months median price has been lower than the prior year-over-year median. Median price is defined as the mid-point, the price … (0 comments)
sandra mathewson: In A Tough Market The Right Advertising Gets A House Sold
- 05/22/11 10:22 AM
Lately selling a home takes time, and sometimes it takes a lot of time. Especially in Lyon County, Nevada, one of the hardest hit markets with high unemployment and record number of foreclosures. The right advertising, a lot of internet exposure, top-notch photos and persistance paid off for Sandra. Listen to what the new owners and the previous owners have to say about their experience.
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sandra mathewson: Fernley Homes and Real Estate Market Report March 2011
- 05/03/11 07:44 AM
Summary: March 2011 is the fourth highest month for unit sales for a March since 1989 and only two unit sales off March 2010, which was influenced by the tax credit. With the current affordable median sales prices and historic low interest rates, individuals and familes are finding that there are tremendous housing deals to be found. An individual or family with an income of about $24,000 can afford the median price home in the Fernley area. Fernley Median Sales Price March 2011 median price decreased by 12.9% to $94,950 compared to $109,000 in February 2011. The median price is … (0 comments)
sandra mathewson: Fernley Homes and Real Estate Market Reports Februarey 2011
- 03/27/11 11:26 AM
Summary Sales of single family homes in Fernley are at a 2008 sales rates, prior to the influence of tax incentives. This trend paired with the fact that median sales prices have stayed fairly level for 13 consecutive months is a good sign for the Fernley housing market. Although it is impossible to say if we have hit bottom and are now rebounding, we reamin cautiously optimistic. Fernley Homes Median Sales Price February2011 median price increased by 43.4% to $109,000 compared to $76,000 in January 2011. The median price is up 4.0% from the prior February. Median price is defined … (0 comments)
You generally must report rental income on your tax return in the year that you actually receive it. You generally must include in your gross income all amounts you receive as rent. Rental income is any payment you receive for the use of or occupation of property. Expenses of renting property can be deducted from your gross rental income. You generally deduct your rental expenses in the year you pay them. Publication 527, Residential Rental Property, includes information on the expenses you can deduct … (4 comments)
sandra mathewson: Fernley Homes and Real Estate Market Report January 2011
- 02/26/11 03:37 AM
Summary: Although there was a drop in sales month-over-month, we can attribute the drop in numbers to the fact that many buyers rushed to purchase a home in December for the tax implications. It is fairly normal to see this type of month-over-month decrease in unit sales from December to January. Fernley's January sales were down slightly from January 2010 and up from 2009. Fernley Median Sales Price January 2011 median price decreased by 22.3% to $76,000 compared to $97,850 in December 2010. The median price is down 35.6% from the prior January, the lowest January in more than a … (2 comments)
sandra mathewson: Home Improvement Ideas To Help You Get Started!
- 02/04/11 02:24 PM
Do you have any home improvement plans lined up for your home in the New Year? The following online programs are free and offer a great way to design your home projects before you start: Autodesk Homestyler is created by the same company that makes AutoCAD architectural software. This robust, easy-to-use application lets you arrange and design your project by simply dragging and dropping elements such as windows and doors, furniture and applicances. Google Sketchup is a sophisticated software application that lets you build 3D models of your home. Online video tutorials will help you get started. Users can upload their … (4 comments)
sandra mathewson: Reno-Sparks Homes and Real Estate Report December 2010
- 01/31/11 01:44 PM
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)
sandra mathewson: Fernley's New Silverland Middle School
- 01/29/11 04:45 AM
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)
sandra mathewson: Fernley Homes and Real Estate Report December 2010
- 01/29/11 03:44 AM
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)
sandra mathewson: Fernley Nevada and Surrounding Landscape in Photos
- 01/28/11 04:57 AM
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 jeromemanskerphotography@hotmail.com … (0 comments)
sandra mathewson: Vote For Fernley in the "We Hear You America" Contest Sponsored by Reader's Digest
- 01/11/11 02:44 PM
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)
sandra mathewson: Fernley Homes and Real Estate Market Report November 2010
- 12/31/10 07:31 AM
Summary We continue to see a mostly sideways trend in year-over-year median sales price. As we approach 2011, we are hopeful that these trends will continue in the new year and the median sales price movement becomes less volatile. This stabilization will assist buyers and sellers alike.
Fernley Homes Median Sales Price November 2010 median home price increased by 11.1% to $110,000 compared to $99,000 in October 2010. The median home sales price has been stable for the past seven months. Median home price is defined as the mid-point, half of the sales for the time frame are … (0 comments)
NASCAR and Reno-Fernley Raceway announced that the .375 mile banked clay oval will be part of the NASCAR Whelen All-American Series beginning in 2011 The desert jewel is located 30 miles east of Reno, Nevada, just south of Fernley, Nevada. It originally opened in 1998 and the natural terrain provided a bowl-like setting for the track. The facility is owned by Rich Cable and promoted by Jan Hodges. It will host NASCAR sanctioned races on Saturday nights and dirt Modifieds will be The Oval's Division 1. The racetract is considered to have the fastest three-eights mile clay oval in … (0 comments)
The Tax Foundation, a nonprofit and nonpartisan tax research group in Washington, D.C. has released its latest edition of the State Business Tax Climate Index, which ranks the tax systems of the 50 states. Nevada came in at Number 4, which means the state had the fourth-best tax climate on the first day of the 2011 fiscal year, or July 1, 2010. South Dakota's tax system was ranked first, making it the most welcoming to economic activity, and was followed by Alaska and Wyoming at second and third. The goal of the index is to focus lawmakers' attention on … (0 comments)
sandra mathewson: Reno - Sparks Homes and Real Estate Report September 2010
- 11/02/10 07:25 AM
Reno Homes and Sparks Homes Real Estate Report September 2010 Reno - Sparks Homes Median Sales Price September 2010 median price was down 5.7% to $169,700 compared to $180,000 in August 2010. The median sales price has remained relatively stable for the past sixteen months. The median price for the past three quarters has remained within a range of $174,000-$175,000. Median price is defined as the mid-point, half of the sales for the time frame are below and half are above. Reno - Sparks Homes Sold September ended the month with 448 sold transactions, up less than 1% from the … (2 comments)
sandra mathewson: Reno Farmers's Market Roasted NM Green Chiles
- 10/02/10 05:53 PM
Every Saturday from mid-June to mid-October, I look forward to the downtown Reno Farmer's Market. All of my favorite vendors are there, the sweet corn guy, the strawberry man, the red grape man and Tim from Amber Oaks with his berries, figs, apples and tomatoes. The very last downtown Reno Farmer's Market is always my favorite. The folks who come all the way from Hatch, NM with the green chiles and their roaster make it special. Green chiles by the burlap bag are loaded into the roaster and the fire is lit. The aroma is irrestible, people actually stand around … (1 comments)
sandra mathewson: Reno-Sparks Homes and Real Estate Report August 2010
- 10/02/10 05:41 PM
The median sales prices are leveling out on a year-over-year basis. For the remainder of 2010 we are returning to a market that is no longer motivated by buyer tax credits and other government interventions. The comparisons we make with the prior year will continue to use non-incentive sales from this year to compare with last Fall sales to meet the old November 30, 2009 tax credit deadline. There are too many unknowns to make any bold predictions for the future. Reno-Sparks Homes Median Sales Price August 2010 median price was down less than 1% to $179,900 compared to $180,000 … (2 comments)
sandra mathewson: Fernley Homes and Real Estate Report July 2010
- 08/23/10 05:03 PM
Fernley homes and real estate monthly report provides information on homes sold, home for sale, bank owned and short sale statistics in Fernley, Nevada. In July, we experienced an anticipated letdown in the number of existing home sales following the five year record set in June which was driven by the deadline to close sales qualifying for the $8000 tax credit by June 30th. The July numbers for new pending sales remain strong, an important leading indicator for the coming months that indicate continued demand for resale homes. Pending sales taken together with the rise in the July 2010 median … (3 comments)
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