Monthly Market Update: December 2011
November sales are up 22% over last year and are the highest unit sales for a November in history. For the 2nd month, we are comparing year-over-year sales without the artificial influence of a tax credit. Freddie Mac reported another record low 30-year fixed rate loan of 3.98%. Sources report by the middle of 2012, mortgage interest rates should gradually rise from today’s record lows to 4.5%.
Click the link below for the complete report:
Monthly Market Update December 2011
Monthly Market Update: November 2011
October unit sales in Washoe County are the 4th highest unit sales for an October in history and outpace October 2010 sales by 15%. This is the first month where the year-over-year comparison is not influenced by the tax credit incentives, thus a positive sign that sales remain healthy. Also, we have seen only moderate fluctuations in median price for the past 7 months. With the majority of new listings entering the market at under $150,000 and a majority of sales occurring in this same price range, we are cautiously optimistic that prices are at the bottom.
Click the link for the complete report: Monthly Market Update November 2011
Equestrian Estate Offers Luxury Living
The lake and mountain views from this horse property are stunning! And the exquisite design features are fabulous. From the gourmet kitchen to the spacious 1st floor master retreat to the media room ~ you’ll want to call this home. Many extras make this a great value: gated entry, maintenance free deck, 50-year siding & roof, fully landscaped, 4-stall barn and more…Backs to state park offering miles of riding trails.
Attention to Every Detail ~ High Quality Construction
Attention to every detail and high quality construction set the stage for this contemporary Galena Forest home. Fabulous design features ~ too numerous to mention them all ~ include engineered hardwood flooring throughout with slate entries, laundry, mud room and baths. In-floor radiant heat, central vacuum, Silhouette blinds, corian counters and abundant storage. Entire upper level is a spacious & tranquil master retreat with forest views. Truly a luxury home, offered at $935,000.
Have you been waiting to build your dream home?
Wait No Longer. Take advantage of great pricing on this corner home site in prestigious St James’s Village ~ a private, 
gated master-planned community limited to one-acre home sites. Tucked in the trees off Mt Rose Highway, this secluded community has miles of hiking trails and an abundance of wildlife, offering the feel of Tahoe with the convenience of SW Reno. Click the picture to find out more…
