Terrie Leighton , Realtor Northern Nevada Real Estate

Nevada Foreclosures ~ If you have questions, the Nevada Department of Business & Industry has a website to help answer your questions about the foreclosure process.

The Governor's Office, in conjunction with the Nevada Department of Business & Industry, is actively working to meet the challenges presented by the current sub-prime mortgage lending situation. They can answer most questions you have regarding a Nevada foreclosure.

~ Are you facing a possibly foreclosure in Northern Nevada? Do you have questions about your mortgage and are starting to fall behind on your monthly payments? Is your interest rate about to go up? Is a short sale right for you? Visit Nevada Department of Business and Industry today to find answers to your Nevada foreclosure questions.

If you are someone who would rather speak with a live body rather than researching foreclosure information on the computer, the Consumer Credit Counseling Service can help. They will first rrecommend you contact your lender immediately and be completely honest about your current financial situation. After you contact your lender,you may then contact a consumer credit counselor to discuss your options.

A credit counselor can help answer your questions about credit, money management, and housing affordability. Here in Nevada you can contact the Consumer Credit Counseling Services (CCCS) for free and confidential financial counseling and advice.

To contact CCCS directly, call 1-800-451-4505 or visit www.cccsnevada.org. If you are uncomfortable about reaching out to the CCCS, I can help you schedule your appointment, answer housing questions and go with you to your appointment.

For all of your questions regarding your Nevada home, visit the Nevada Department of Business & Industry or contact a Consumer Credit Counselor to help you make the right choice regarding your home and your future.

New homes for sale in Reno Nevada ~Come Home To Grand Summit Development!

Grand Summit is a Silverwing Development located in a fabulous northwest Reno community just off Interstate 80 and Robb Drive. Grand Summit offers new construction homes starting in the mid $200,000's and resales homes starting in the high $100,000's.

This residential community consists of approximately 80 single family homes. There are three floor plans to choose, one single story and two homes are two story. The size range in size from 1,500 to 2,128 square feet. The exterior of each home is stucco.

This community is located near the Rainbow Ridge Park and has easy access to the freeway and is close to shopping and many eateries. School aged children will attend schools located in the Washoe County School District: Elementary ~Sarah Winnemucca, Middle ~ Billinghurst, High ~ McQueen High School.

There are several homes listed for sale in the Northern Nevada Multiple Listing Service. The homes that are listed for sale start at $185,000 and go up in price. For a complete list of available homes for immediate occupancy call me or email me. (resale or new construction).

New Homes in Reno Nevada ~ Grand Summit Development

Spaks Nevada Market Report For October 2009 ~ Washoe County Nevada

Here are your market statistics for single family homes sold in Sparks, Nevada during October 2009

There were 145 single family homes sold in October 2009. During the month of September 2009, there were 160 single family homes sold.

The average sold price during October 2009 was $182,584 and spend an average of 121 days listed on the market. The average sold price of a single family home during September 2009 was $182,111. The average length of time each home spend on the market was 130 days.

Bank Owned properties sold during October 2009 totaled 55. The average price of a bank owned property sold was $155,576 and spent an average of 121 days on the market. During September 2009, there were 69 bank owned single family homes sold. The average sold price was $152,937 and spent an average 91 days on the market.

Short sale properties sold (homes that required third party approval) totaled 37. The average price was $188,06. These properties spent an average of 207 days on the market. Last month short sale properties spent 202 days on the market.

Out of 145 single family homes sold during October 2009, 92 were sold with special conditions. Only 53 single family homes were sold without these conditions. This shows short sale and bank owned properties still have a strong influence on our real estate market here in Northern Nevada. As long as there is still a larger number of homes with special conditions being sold over homes with out those conditions, I believe we will continue to see our single family residence home prices continue to drop.

Currently there are 855 single family homes listed for sale in Sparks, Nevada. The average list price is $213,200. There are 95 active bank owned properties currently listed with an average list price of $184,474. Of the 855 homes listed for sale, 530 are short sale listings. These properties are staying on the market at least 200 days. The average price of a short sale listing is $189,000.

Sparks Nevada Market Report For October 2009

Northern Nevada Regional Multiple Listing Service recently introduced Listingbook to its members and I am so excited to be able share this news with you.

Now you will be able to search for homes listed for sale in Northern Nevada like your real estate agent does.

Buyer's~ By setting up your free account, you will receive daily, weekly or monthly housing reports. Set up the criteria you are looking for in a home and find you dream home through Listingbook.

Seller's ~ If you list your home with me, I will be able to market your home more effectively. Buyers looking for a home like yours will be sent a property profile immediately.

Listingbook will generate more traffic viewing your home. Listingbook could potentially get your home sold more quickly.

Find out more about Listingbook by visiting my website. Learn how Listingbook can benefit you as a seller and a buyer. Listingbook is only available in 17 different MLS services across the county. I am so pleased that the Northern Nevada Regional Multiple Listing Service has decided to partner up with Listingbook. Now all of my clients will have the ease of searching for Northern Nevada home on-line.

Northern Nevada Regional MLS Introduces Listingbook

Reno Nevada Market Report for October 2009 ~ Wahsoe County Nevada

Here are your market statistics for single family homes sold in Reno, Nevada during the month of October, 2009:

There were 380 single family homes sold. October saw an increase in single family homes sold over the month of September 2009. There were only 311 homes sold last month.

The average sold price during October was $230,844 with an average of 126 days spent on the market. During the previous month, the average sales price of a single family home was $248,784. Home prices dropped slightly from September to October.

Bank Owned properties sold in October totaled 118. The average sales price of a bank owned property was $171,946 and averaged an 80 days on the market. There were on 105 bank owned single family homes sold during September 2009 with an average sold price of $169,486.

Short sale properties sold (homes that required a third party approval) saw a increase over the previous month. There were 94 short sale properties sold during October while there were only 72 sold during September. The average sold price was $208,465 during October and $228,858 during September. The average length of time spent on the market was at least 198 days.

Out of 380 single family homes sold during October 2009, only 168 homes were sold without any special conditions. This shows foreclosures and short sale properties still have a huge influence on our real estate market here in Northern Nevada. As long as there is still a larger number of homes with special conditions being sold over homes with out those conditions, I believe we will continue to see our single family residence home prices continue to drop.

Reno Nevada Market Report October 2009

~ The numbers posted in this market report are believed to be accurate but are not guaranteed by the author. The numbers used in this report were taken from the Northern Nevada Multiple Listing Service.