Fernley Neighborhood Real Estate

December Real Estate news in Fernely

There's been a big increase in sales around Fernley in the last month likely because of the government's tax incentives and they continue today with a $6,500 tax credit for those who qualify. Fernley sales prices have fallen 23% YOY to $115,000 --- a bargain by anyones' measure. The trend is higher you might note. Why? Prices are on the upswing. Are they still a bargain --- NO DOUBT a bargain in Fernley.

Sales under $150,000 account for 55% of all sales in October. Today, 63% of new listings are distressed sales, homes that have dropped in value significantly and are being either foreclosed on or repossessed. Many home owners are selling just to get out from being underwater. Renting likely. As of October 31, 2009, Fernley decreased to 4.1 months of inventory based on a 90-day sales rate. This is the fourth month in 2009 Fernley’s Months Supply of Inventory has been below what is described as a balanced market, the Months Supply of Inventory (MSI)returned to balanced.

Homes in Fernley are priced low, a bargain, a steal if you like and with very low interest rates, very affordable even to qualifying low income families. Call Mike and Mandy to see your dream come true. 775-575-2400 is the number to your dream home, better yet, visit their website to see all there is for sale in Fernley.

I want to live in ... Fernley.

No doubt the best and quickest way to find the home of your dreams is by using the MLS System. Enter your needs in a question matrix for the "mls" search. The computer finds a match for those needs and shows the results on the computer display or you can have them printed. MLS listings from the largest national realty companies are found: Century 21, REMAX, Coldwell Banker, Weichert Realty, Keller Williams, Prudential are examples and you'll find them represented here on this page. Find lots, duplexs, multi-family complexes, acreage, country, holiday, apartments, condos, walkups, brownstones, townhomes, HUD homes and of course million dollar mansions. Take a virtual tour on many HUD and private listings.

Now ... how much is the property you just looked at worth?

A clever new tool has just been announced that will give you an evaluation on the property you just looked at online. Let's say you just looked at a property in Fernley on a brokers website and of course you wonder what's the property really worth. Well ... here's the tool to give you a "no more than 1 day old" property valuation. Here's the link ... Value that property! After you figured out what you want to offer on the property you'll need a ... mortgage!

Mortgage and what you need for one.

Now you know how much it's worth and you've figured out how much you're willing to pay for it, you'll need a mortgage. Since late February 2005, rates have risen from a low of 4.15% to 5% (4.38%), representing a minor fall. Depending on your credit rating, a mortgage through a mortgage broker will move you closer to your dream. The cost of an average residence varies widely of course. Click on the realtor link above for help.

Fernley

• SOLERA 1 acre+ homesites – horse property 1763-3588 sq. ft., there are 5 plans to review, from the mid $300,000’s. Gorgeous!
• DONNER TRAIL ESTATES High-quality, single-family homes starting in the $190,000’s
• AUTUMN WINDS 2954 North Fork Road Fernley, NV 89408, 3 to 4 bedrooms, 1764-2657 sq. ft. from the $ 200,000’s
• SOUTHWEST MEADOWS 1752 Walnut Drive Fernley, NV 89408, 3 to 5 bedrooms, 1261-2405 sq. ft., from the $200,000’s
• GREEN VALLEY RANCH 3- to 5-bedrooms, 3-car garages, 1658-2369 sq. ft., from the low $200,000’s
• THE GOLF CLUB at Fernley 1900 sq. ft., from the $300,000’s, I-80 east, right off Exit 48, left on Hwy 50 four miles, right on Desert Rose
• MOUNTAIN VIEW ESTATES 2311-2987 sq. ft., 3 to 4 bedrooms, 2.5 - 3.5 baths, from the low $300,000’s New semi-custom homes –
• SENECA FALLS Hwy 95 & Shadow Lane, Fernley, Nevada, 3 to 5 bedrooms, 3-car garages, 1251-2470 sq. ft., 1- & 2-story homes from the very low $200,000’s, $0 MOVE-IN, one Payment as low as $1399/month, Immediate Move-Ins
• SUMMER BREEZE 1261-2405 sq. ft., 8 plans to choose from, best prices in Northern Nevada, priced from the very low $200,000’s

Zip Codes: 89408.

Fernley Real Estate.

Thank you for your search in TheRealEstateOfAmerica.com for Fernley Nevada real estate. Contact one of the real estate agents above for access to the local MLS to find your dream home for sale.

---

Common Related Misspellings: Realestate, reel estate, Caldwell Banker, Weichart, Reichart, Century21, relator