Carson Valley Real Estate Market Update 07-15-09, Carson Valley Homes and Land for Sale | Carson Valley Real Estate, Gardnerville Homes, Carson City real estate

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Featured Listings

981 Wintergreen
Beds: 4 Baths: 2
Garage: 2 Sq. Feet: 2,512
Price: $429,900

577 Leealan
Beds: 4 Baths: 4.5
Garage: 6+ Sq. Feet: 4,192
Price: $1,299,900

Dayton NV Homes
210 Meadowood Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 2,472
Price: $229,900

Carson City Homes
908 Valley Crest
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,601
Price: $199,900

Carson Valley Homes
614 Patricia Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,524
Price: $164,900

Carson Valley Homes
1429 Sally Lane
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,438
Price: $164,900

Carson Valley Homes
1188 Mill Creek Circle
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,296
Price: $154,900

7395 Pah Rah Drive
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,412
Price: $119,900

Dayton NV Short Sales
5296 Bentgrass Drive
Beds: 3 Baths: 2
Garage: 3 Sq. Feet: 1,400
Price: $129,900

Sparks Short Sales
360 Blue Skies
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,500
Price: $147,000

Carson Valley Homes
1310 Aylesbury Court
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,512
Price: $174,900

Carson Valley Homes
1200 Esther Way
Beds: 5 Baths: 2
Garage:2 Sq. Feet: 1,968
Price: $195,000

1462 Garden Glen Court
Beds: 2 Baths: 2
Garage: 2 Sq. Feet: 1,285
Price: $265,000

2947 Hot Springs Road
Beds: 3 Baths: 2
Garage: 3 Sq. Feet: 1,714
Price: $339,900

2443 Hunt Circle
Beds: 4 Baths: 3.5
Garage: 6+ Sq. Feet: 3,509
Price: $424,900

1213 Foothill Road
Beds: 3 Baths: 2
Garage: 2 Sq. Feet: 1,706
Price: $425,000

1557 High Pointe Court
Beds: 4 Baths: 3.5
Garage: 6+ Sq. Feet: 2,235
Price: $424,900

740 Marron Way
Beds: 4 Baths: 2 full / 3 half
Garage: 3 Sq. Feet: 3,944
Price: $461,900

Carson Valley Real Estate Market Update: 07-15-09
Sunday, July 19th, 2009

As of July 15th, 22 homes have sold for the month of July in the Carson Valley Nevada area. 130 homes are pending close of escrow. Since most closings are scheduled toward the end of the month, having 22 homes already closed this month is very promising.

There are 465 homes available for sale and this number does not include the 130 that are pending close of escrow. That’s up slightly from the beginning of the month but still a very healthy number indeed. Activity on homes priced under $200,000 has been insane, with multiple contracts, dozens of showings, and prices escalating above asking price. The market is completely different when you get below $200,000. Is that because the first time homebuyer tax credit equals the 3.5% down needed to buy a home under FHA guidelines? We’re not sure but it very well could be.

With only 138 days until the First Time Homebuyer Credit expires on December 1, 2008, we are seeing a marked increase in the number of buyers looking and writing offers in the Northern Nevada area. Since we have no clue whether the $8,000 first time homebuyer credit will be extended, it has created a definite and noticeable sense of urgency for buyers who have decided to try to buy a home.

Are you eligible for the first time homebuyer tax credit? If so, what is your reason for not buying a home right now? If you’re not sure you can qualify, or you have some other concern, contact us. We have trusted lenders we work with every day that may surprise you. If you are looking in Douglas County or unincorporated Carson City, you can also use the USDA Rural Housing Development Loan and be eligible for many government incentives to make home ownership more affordable. Ask us for details.

Attention Default Servicers

Contact our team today to help you divest your Northern Nevada REO properties. To see our list of REO certifications, Areas of Coverage and our REO resume, click here.

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