Real Estate

Carson City Market Report for the Month of August 2019
Interest Rates remain low which means it’s still a great time to buy for buyers, yet lack of inventory means seller’s still have an advantage when listing their home. We are starting to see the market slow down a little bit and prices are starting to level off.

The Numbers Month to Month and Year to Year
The median sales price for Carson City, NV homes for sale was $343,000 in August 2019 compared to $317,250 during August 2018 and $284,000 in August of 2017. Which is about an 21% increase in 3 years.

It's Where To Wednesday! So Juicy is a new Juice and Salad Bar place in Carson City.

There will be a Veterans Night on Wednesday, August 14 from 5 to 7 p.m. at The Carson Plaza Event Center, 209 East 9th Street in Carson City.

It's Where To Wednesday! Caterpillar's Hookah Lounge offers a counter culture entertainment venue and great hookah right here in Carson City! Karaoke on Wednesday's is an event not to be missed at this venue!
Go here to see the video.

The market is shifting in Carson City, interest rates remain low with another cut on the horizon which is good news for buyers, while inventory is still at historic lows, meaning seller’s have an easier time selling, however, buyers are taking their time and we are starting to see longer days on market for the average listing.

The Numbers Month to Month and Year to Year
The median sales price for Carson City, NV homes for sale was $350,000 in July 2019 compared to $286,715 during July 2018 and $259,000 in July of 2017. Which is about an 26% increase in 3 years.

When you have your home up for sale, you may be told that you shouldn’t be around during the showing.

In some cases, your listing agent may not even be there for every showing. It might just be the buyers and their real estate agent. So, who will be there to make sure buyers don’t miss a thing?

You know your house better than anyone else. You can point out all the features that a buyer or their agent might miss.

It's Where To Wednesday! This week we go to Home Instead Senior Care! They are hiring! Stop in and see Terry Foote and ask about their sign on bonus!

It's Where To Wednesday! This time at Mills Park for Food Truck Thursday the 2nd and 4th Thursday's of each month at Mills Park! See the video here.
Be sure to follow me on Facebbok at www.facebook.com/nevadahomedreams and subscribe to my Youtube channel here to never miss a video!

It's Where to Wednesday! This week come check out WHEELED FOOD WEDNESDAY at The Brewery Arts Center! Multiple Food Trucks, Live Music and a great way to spend the midweek evening! From 5:30 to 8:00 PM every Wednesday throughout the summer!
Go here to see the video.

Carson City Nevada homes have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.

The Numbers Month to Month and Year to Year
The median sales price for Carson City, NV homes for sale was $334,450 in June 2019 compared to $315,000 during June 2018 and $282,225 in June of 2017. Which is about an 18.5% increase in 3 years.

The number of Carson City, NV homes that sold was 60 in June 2019 vs. 89 in June 2018 and 120 that sold June of 2017. This is a 50% decrease in the number of sold homes in 3 years.

It's Where To Wednesday! I am so excited to give you a peek at Living The Good Life in Carson City! Be sure to come check out their live music, tasty food and great cocktails! Dancing, Food and Drink, Live Music! So many fabulous things about this great place in our community!

It's Where To Wednesday! This week take a look at The Fox Brewpub Located on Bob McFadden Plaza and Carson Street, you won't want to miss the food, the brews and the good time to be had all summer long!

When you first start looking at houses to buy, you’re probably looking to find the best house possible…not looking for the best real estate agent possible.

It usually begins innocently enough…
Maybe you see a house online. So, you reach out to the agent with the click of the button. Or send a quick e-mail. Perhaps even pick up the phone to ask a few questions, or schedule a showing. Next thing you know, you’re being sent listings by e-mail, and going out to see houses with that agent.

For those who are interested in buying a home or relocating to Northern Nevada, Chase International’s inaugural “Open House Showcase” on Saturday, June 22 may be the perfect occasion to see some of the region’s best options on the market today, all in one day.

This weeks Where To Wednesday video features Carson City Farmers Market at 3rd and Curry streets. They are open every Saturday from 8:30 a.m. to 1 p.m. Watch the video and be sure to check them out!

Where To Wednesday! This week featuring Artsy Fartsy Art Gallery! Take a look at the video and be sure to check them out!

Trying to think of ways to give back to the community, Kathy Dean and Nicole Litherland of The Dean Team decided the best way to do that is to donate a portion of their commissions to Carson City area animal organizations. And this isn't a short campaign, but a lifelong career cause.

From leaving the house for showings and open houses to having to keep the place spotless at all times, having a home on the market can be a nerve-wracking endeavor. Once you’ve made the decision to sell, you want to know that you won’t be in this anxiety-filled limbo forever. You want to hand over those keys, collect your check and move on — literally!

So, without lowering your asking price, what can you do to sell your home in a hurry? The following are 11 strategies that will help your property sell quickly without your wallet taking a heavy hit.

1. Declutter.

When it comes to buying real estate, you want to make sure the property you purchase is the right fit for your needs. For some buyers, purchasing a home that needs some work is the ideal situation. For others, getting a turnkey home that’s move-in ready is the only option they’ll consider. And for still others, both seem like reasonable options.

Buying or selling a home can be a complicated and stressful experience. There can be a lot of moving parts involved that may come as a surprise to people who have never been through the process before. Therefore, having a great real estate agent is critical.

When thinking about investments and retirement goals, many people think about owning rental properties. After all, they pay for themselves, right? They can be excellent additions to a savings and investment portfolio, but there are also risks. Here are the things to consider.

First off, the good news
If you are considering purchasing a rental property, just about all of your expenses are tax deductible (unless you rent to family members). Your mortgage loan interest, property taxes, and maintenance expenses are all allowable deductions. Your accountant may find other deductions for you as well, such as a 27-year depreciation rule.

Spring is coming soon, and with it comes the opportunity to begin remodeling projects!

Because there are many things that could go wrong with any remodeling project, it pays to have some help from the pros who have already done what you want to do.

With home prices rising in many areas of the country, many people are worried that we’re headed for a housing crash like the one we suffered in 2008.

But here’s the thing: it’s just not true. While it’s understandable that people would look at the current market, consider it a “housing bubble,” and assume it’s going to pop, the truth of the matter is the market today couldn’t be any more different than they were before the crash of 2008.

Let’s look at four reasons why we’re not headed for another housing crash:

1. Banks have tightened their lending practices

Every homeowner wants their home to look polished, pulled together and reflect their personal style. But not every homeowner wants to put in the effort to get it there.

Some people just hate decorating, and the thought of decorating an entire home? Well, that just sounds terrible.

But you can have a gorgeous, well-decorated home even if you’re Pinterest challenged. Here are 5 decorating tips for people who hate to decorate:

Be Bold

If you follow pop culture news, you’d think that all millennials are concerned about is SnapChat and avocado toast. But according to a recent report, there’s something much more important on millennials’ minds these days—and that’s buying a home.

This Saturday, northern Nevadans can learn what it takes to become a homeowner as the Nevada Rural Housing Authority will host a seminar that gives potential home buyers the tools needed to navigate the buying process.

One question that pops up constantly from both first-time and seasoned homeowners alike is “When is the best time of year to buy a home?” Potential homeowners want to know the best time of year to get the best home for the lowest price – and ideally, at a time that makes sense for their life.

If your finances aren’t perfect, that doesn’t mean you can’t buy a home. There are millions of people who struggle with debt, building their savings, or less-than-perfect credit. But by taking control of their finances, they’re able to pay down their debts, increase their credit score, pad their savings and buy the house of their dreams.

And in today’s technology-heavy world of “there’s an app for that”, it’s never been easier to take that control back and make your finances work for you and your goals. Here are 3 financial tools to help get your finances on track to buy a home:

Because of the historic inventory shortage, competition for homes has been steep, and prices have been rising sharply in markets across the country as a result.
But according to a recent report, it looks like that’s (finally) starting to change, spelling good news for buyers.

According to recent data from Zillow, 14% of all listings in the United States had a price cut in June 2018, and since the start of the year, the share of listings in the US that had a price cut increased by 1.2 percentage points—the largest January-to-June increase since Zillow started collecting data.

True or false…When you’re selling a house, you should bake cookies before a showing or an open house.

I guess you could say the answer is a hard and fast “true” because, after all, it can’t hurt. Who doesn’t like the smell of freshly baked cookies?

But it’s also kind of false…

It isn’t like you can Betty Crocker your way to a sale, let alone at the highest price possible. Your entire house still needs to be appealing. A batch of cookies isn’t going to hide bad odors enough or divert people’s attention from a messy house that needs repairs.

If only it were that simple…