Fall Back Into Bed With An Extra Hour's Sleep - And Charge Your Batteries!
Daylight Savings Time Ends this Saturday October 31st, so be sure to set your clocks back before you go to bed. (It technically ends Sunday, November 1st at 2am, but don't feel obligated to get out of bed to change your clock - setting it back before bed is my preferred and recommended method!)
When you get up fully rested Sunday, November 1st, your first order of business is: CHANGE (OR RECHARGE) YOUR SMOKE ALARM AND CARBON MONOXIDE ALARM BATTERIES!
Did you know that fire deaths in homes tend to occur between 10PM and 6AM when most families are sleeping? By changing your batteries - and testing your alarms - twice a year when you change your clocks, you can ensure your alarms are in good working order and do your best to prevent fires and deaths in your home.
Have A Great Halloween, Enjoy an Extra Hour's Sleep, and Change Your Alarm Batteries.
Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - REALTOR®
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate.
There are all sorts of fun Halloween Happenings taking place around the Carson Valley area at the end of October. Here are just a few to get you in the Spooky Sort of Mood!
SPOOKY STORIES AT THE LIBRARY! Tilly the Witch will be reading stories for children aged 4 and older at the Douglas County Public Library in Minden starting tonight, October 28th at 6pm. Children are welcomed in their costumes for this fun event. For more information, call 781-9841.
NEVADA DAY! That's right, we take a state holiday to celebrate the day Nevada became a state. We used to celebrate it on October 31st, the actual day we became a state, but then children used to trick or treat on October 30th and everyone got confused. A few years ago, the last Friday in October became our "observed" Nevada Day and trick or treating still happens (depending on your area) on either the 30th or 31st. Carson City is trick or treating on the 30th, and Douglas County is trick or treating on the 31st, so for children who live in either, they can get twice the haul!
TRICK OR TREAT AT SAFETY STREET! Trick or Treat Safety Street - sponsored by the Douglas County Sheriff - will be 3-8 p.m. Oct. 31 at the CVIC Hall in Minden. There will be prizes, contests and plenty of candy from local business and merchants. The cost is a $2 cover charge for each participating child. For more information, call 782-8153.
HARVEST FESTIVAL! The Calvary Chapel's Harvest Festival is 5 p.m. on Halloween Night at the Douglas County Fairgrounds. There will be free food, drinks, games, candy, cake walk and live entertainment. Admission is two bags of candy per family. Due to the large number of smaller children attending, non-frightening costumes encouraged. For more information, call 265-3259.
Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - REALTOR®
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate.
Is the Reno and Sparks Nevada home buyer pool drying up? Signs are definitely showing the market is slowing and the number of closed escrows every month has diminished steadily over the last 3 months.
The graph below charts the Reno & Sparks home sales volume for 2000 - 2009 (year to date):

As you can see, the volume of home sales continues to decline. For the first 9 months of 2009, there were 2,800 homes sold in the Reno / Sparks area. That means unless another 1,100+ homes sell between today and December 31, 2009, then 2009 will have the lowest home sales volume of the decade. For those of you that like to see the data, here are the numbers of homes sold by year:
2000 - 4,695
2001 - 4,835
2002 - 5,548
2003 - 6,163
2004 - 6,856
2005 - 7,261
2006 - 5,075
2007 - 3,936
2008 - 4,425
2009 - 2,800 for 1/1/09 - 9/30/09
I hate to be the bearer of bad news, but Reno and Sparks still have a long way to go towards becoming a normal functioning market. The good news is the relative affordability of homes in the area has improved drastically over the last 24 months. Can you imagine what our sales volume would have been had we not had the $8,000 first time home buyer tax credit to aid 2009 sales?
(Data is courtesy of the Northern Nevada Regional Multiple Listing Service, excludes manufactured or shared ownership housing, and covers Area 100, commonly defined as the Greater Reno & Sparks area including Pleasant Valley, Galena, South Meadows, Damonte Ranch, Hidden Valley, Caughlin Ranch, Arrowcreek, Stead, Cold Springs, Sun Valley, Lemmon Valley, Golden Valley and Spanish Springs.)
Posted By: Christianne Gordon - Northern Nevada Real Estate Agent - REALTOR®
with RE/MAX Realty Affiliates, specializing in Carson Valley Real Estate.
Carson City Nevada Real Estate Market Report - August and September 2009 Home Sales Results
35 homes sold in Carson City in August 2009 and , a 36% volume increase year over year when 42 homes sold in July 2008.
What were the key indicators for the August Carson City real estate market?
And here are the stats for Carson City homes sold for September:
So what is the absorption rate for Carson City?
The absorption rate for the Carson City continues to be strong and is within 5-7 months considered a normal supply. This is a huge turnaround from the 15+ months of inventory we had on the market in February.
Of the 268 homes on the market, 26 are bank owned and 46 are short sales. That means that 26.8% of the Carson City real market is distressed. This percentage has held steady and is within just a few percentage points of February when it was 27.7%.
(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Area 200, known as Carson City.)
September 2009 Dayton Valley Nevada Real Estate Market Report
We had 27 home sales in the Dayton Valley in September 2009, another 100%+ volume increase over September 2008 when 13 homes sold. September makes the second month in a row where sales volume has doubled year over year.
Here is a snapshot of our market indicators for September:
So what is the absorption rate for the Dayton Valley?
The absorption rate for the Dayton Valley continues to be strong and under the 5-7 months considered a normal supply. Dayton's affordability over neighboring Carson City, Reno / Sparks or the Carson Valley continues to be a big attraction over the higher priced areas.
Of the 106 homes on the market, 14 are bank owned and 22 are short sales. The number of homes on the market continues to shrink and buying activity is holding steady. This is why we're seeing increases in the asking prices and selling prices in Dayton. With such low inventory, the Dayton Valley Nevada real estate market is furthering our opinion that it has become a seller's market.
(Data provided courtesy of the Northern Nevada Regional Multiple Listing Service and excludes manufactured and shared ownership housing for Areas 420, 416, 414, 412, 410, 402, and 403 known as the Dayton Valley and the outlying areas.)
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