homes for sale

COVID 19 and Real Estate – What You Need To Know- One Realtors Advice.

Nevada’s response to the COVID-19 pandemic has restricted the activities of many local businesses that aren’t considered “essential.” Realtors are among the list included in essential businesses, so are lenders, title companies, and banks.
With that said and with direction from Nevada Realtors Association at the state level there are some things to be aware of.

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.

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.

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.

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.

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 $292,000 in July 2018 compared to $315,000 during June 2018 and $259,950 in July of 2017.

The number of Carson City, NV homes that sold was 57 in July 2018 vs. 80 in June 2018 and 72 that sold July of 2017.

Carson City Market Report for the Month of June: 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.

CHRISTMAS IN JULY
July was an interesting month indeed.

Howard Hughes’ former Lake Tahoe estate found its way back to the spotlight recently when it was selected as a winner in HGTV’s 2014 Doory Awards. The quaint-yet-majestic cabin, listed by Chase International’s Karen Bruno, received the most online votes in the Celebrity Homes category. The month-long contest on HGTV’s FrontDoor.com attracted nearly 50 million views.

Based on a continued increase in Buyer demand and historically low levels of home inventory and interest rates, the median price of Carson City homes is up 14% over January, 2013 home prices. The number of homes sold in January, 2014 is also up 35% from January, 2013; there were 35 single family homes sold in Carson City in January, 2014.

Sometimes it takes a while to get the big picture, to see things coming into focus. Now, I am not much for conspiracy theories, but if anything looks like it is being driven by design, this is one. The theories driving it were formulated many lifetimes ago. The people whose sick minds spawned them are long dead. For the life of me I do not understand how any egomaniac could possibly get his jollies from a trend he might have started but maybe not even his great-grandson might see coming to fruition. But there it is, a hundred year timeline on several fronts.

Destruction of money