Fernley, NV Real Estate News

By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
   This beautiful 3 bedroom, 2 and one half bath home with a 3 car garage was sold on Tuesday, February 5 by Sandra Mathewson. Located in the Sundance community, a two story home, 2159 square feet with lots of upgrades. An incredibly immaculate home with a formal living and dining room, expansive family room with a gas fireplace, kitchen nook and breakfast bar, lots of cabinets and all upgrdaded black appliances including gas stove, stove, microwave and side by side refrigerator. The yard was fully landscaped and you could walk to the Out-of-Town park out your front door. This was a short sale listed at $129,500 and sold for $128,000 CASH. To see the complete listing with photos. If you are looking for a home for yourself or thinking of selling your home, think of Sandra and call her no...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley, Nevada Homes and Real Estate Market Report, your guide to buying or selling a home in Fernley or the Fernley golf course area. Summary In 2003 through 2005 the increase in pricing in Fernley could be attributed to high demand and overly-relaxed lending guidelines. In today's market, credit requirements are strict, but demand is outpacing available inventory. There is buyer confidence that it is still a good time to buy at today's low interest rates. Fernley Homes Median Sales Price December 2012 median price decreased 11.6% to $95,000 compared to $107,500 in November 2012. The median home price is up 4.4.% from the prior December. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lowe...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley, Nevada Home Sold at Fernley Golf Course   This beautiful home at the Fernley golf course recently solf for $145,000. The home is over 1900 square feet, 3 bedrooms, 2 baths with a 3 car garage. Outside the back door is the golf course with all of it's views and privacy. A black wrought iron fence borders the property and there are mature shade trees and landscaping. Inside you will find an expansive great room with a double sided fireplace to the formal dining area. The kitchen has ceramic tile counters, an island with breakfast bar, double ovens, a microwave and an abundance of cabinets and counter space. Around the corner is a full laundry room. New carpet was recently installed in the great room and the three bedrooms. Ceramic tile floors greet you in the entry and extend do...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Small Town, Big Amenities.....Fernley, Nevada Your New Home! Summary Fernley is experiencing a limited supply of homes for sale, very similar situation in Reno/Sparks. Fernley is continuing to see the demand for homes on the rise as shown in the increase in median home price by 28 percent from November 2011 to the current level of $107,500. Fernley Homes Median Sales Price November 2012 median price increased 10.8% to $107,500 compared to $97,000 in October 2012. The median price is up 28.2% from the prior November (2011). Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Number of Homes Sold November ended the month with 39 sold transactions, down 18.8% from the prior month, a...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Santa and Mrs. Claus will be in Fernley on Saturday, December 22nd from 2-4 p.m. !!   Don't let the children miss visiting with Santa and Mrs. Claus. There will be cookies and treats. Be sure to bring your camera.  Stop by Grate Thyme Kitchen at 150 E. Main St. from 2-4 pm. Grate Thyme Kitchen is our newest restaurant in Fernley and has been a huge success. We thank the owners for providing this special treat for our children.
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
      Christmas Concerts Ring in The Season at Fernley's Schools   There is something about Christmas that brings out the best in us! Christmas, music, community --our community--bind them.   Tuesday, December 11th, Cottonwood Elementary - Presents their Winter Concert for 1st and 2nd Grade at 6 pm. Wednesday, December 12th, Cottonwwood Elementary - Winter Concert for 3rd and 4th Grade 6 pm. Thursday, December 13th, East Valley Elementary School - Winter Concert at 7 pm. in the EVES multipurpose room Thursday December 13th Silverland Middles School Choir - Winter Concert 6:30 pm. Go Tell it on the Mountain, Christmas is on it's Way!  
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Buying or Selling a Home in Fernley, Nevada? Read the Latest Homes and Real Estate Report. Questions....call Sandra 775-287-8222 Summary As we approach the end of 2012, the Fernley market has a year-over-year increase in the number of home sales through the first 10 months of the year. Fernley Homes Median Sales Price October 2012 median price increased 3.2% to $97,000 compared to $84,000 in September 2012. The median price is up 18.1% from the prior September. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Number of Homes Sold October ended the month with 48 sold transactions, up 29.7% from the prior month, and up 11.6% from October 2011. Fernley Homes New Listings 46 new l...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
                                                                   Fernley Indoor Swimming Pool  Summary With the volume of sales and pending sales, we have been depleting the available existing inventory. It is normal to see a downturn in home sales after the school year starts, but the drop in sales is also impacted by the low inventory. Fernley Homes Median Sales Price September 2012 median price increased 9% to $97,000 compared to $89,000 in August 2012. The median price is up 12.9% from the prior September. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Sold September ended the month with 35 sold transactions, down 10.3% from the prior month, and down 8% from Septe...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes and Real Estate Market Report, Your Guide to Buying and Selling a Home in Fernley, Nevada. Fernley Median Home Sales Price August 2012 median price decreased 9.3% to $89,000 compared to $98,000 in July 2012. The median home price is down 12.7% from the prior August. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Number of Homes Sold August ended the month with 35 sold transactions, down 30% from the prior month, and down 16.7% from August 2011. Fernley New Listings 49 new listings were taken in August up 11.4% from July, and a 35% decrease from the prior year. Fernley Homes Months Supply of Inventory (Unsold Inventory divided by Sales per Month) As of August 31...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes and Real Estate Report, Your Guide to Buying and Selling a Home in Fernley! The current market lends itself to being a good time for a homeowner who is thinking of selling a home to move forward and sell the home. We are seeing homes receive multiple offers and often times selling more more than the original asking price. Fernley Homes Median Sales Price July 2012 median price increased 5.4% to $98,000 compared to $93,000 in June 2012. The median price is up 14.5% from the prior July. Median price is defined as the mid-point, where, for the time period identifed, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Sold July ended the month with 50 sold transactions, up 16.3% from the prior month, and down 10.7% from July 2011. Fernley Home...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Are you thinking of selling your Reno, Sparks or Fernley home and not sure which real estate agent to choose?   Yes, we all meet with you and fill out the paperwork. Obviously, we all enter the information into the MLS, but what sets Sandra’s listings apart from the others?   First, let me list the things that I do:   A market analysis of your home and the most effective asking price. Immediate exposure of your home with the recognized RE/MAX sign. Detailed listing of the property in the local MLS Consultation on interior and exterior of property to enhance marketability. Professional looking photos of interior and exterior. Full color brochures placed inside of home. Create special enhanced showcase listing on Realtor.com website. All inclusive listing with photos on my personal websi...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley holds spacious country views, friendly neighbors, quiet neighborhoods, and a population of under 20,000 people.   Search Fernley Homes $40,000 - $200,000 Fernley is a city in Lyon County, Nevada within the Reno-Sparks-Lake Tahoe metropolitan area. Fernley is located at the intersection of Interstate 80, U.S. Route 50 Alternate, and U.S. 95A with an approximate total area of 35.4 square miles. Fernley's climate is a typical of high desert environments. The winter may bring cold temperatures and some snow, but nothing extreme is normally experienced. Summers are generally hot and very dry, mainly July and August. The average annual rainfall is 5 inches per year. Snowfall in the winter is usually sparce, if a few inches accumulate the dry climate ansun evaporate it almost immediate...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes and Real Estate Market Report, Your Guide To Buying or Selling Real Estate in Fernley, Nevada Fernley Homes Median Sales Price June 2012 median home price increased 2.2% to $92,000 compared to $90,000 in May 2012. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Number of Homes Sold June ended the month with 41 sold transactions, down 16.3% from the prior month, and down 21.2% from June 2011. Fernley Average Days on Market The average days on market are up to 143 days, an increase of 48.3% from the prior month. Fernley Homes New Listings 43 new listings were taken in June down 23% from May, and a 38% decrease from the prior year. Distressed listings represented 7...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Under a new guideline, military members with Fannie Mae or Freddie Mac loans will now have an easier time with short sales. Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco announced in a release Thursday that military homewoners who receive Permanent Change of Station (PCS) orders can sell their homes via short sale without having to go into default first. "It is in everyone's interest for the men and women serving in our armed forces to focus on the important job they are doing defending our country, rather than worry about the maintenance and leasing of a property in another jurisdiction," said DeMarco in a release. "These Fannie Mae and Freddie Mac policy changes, in combination with related guidance last fall, should now provide military homeowners with acce...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes and Real Estate Market Report, your guide to buying or selling a home in Fernley! Summary: The upward trend in median sales prices coupled with the near record home sales is a positive sign that buyers and investors are taking advantage of affordable pricing and low interest rates. Equity homeowners who are considering selling, as well as homeowners who have a hardship and are considering a short sale, should be taking advantage of the current seller's market we are experiencing with high demand and low inventory. We cannot predict how long this seller's market will continue. Fernley Homes Median Sales Price May 2012 Fernley median home price increased 13.2% to $90,000 compared to $79,500 in April 2012. The median home price is up 4.7% from the prior May. Median price is ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes and Real Estate, information to help you buy or sell a home in Fernley. Howard and Terry had been looking for a home for several months and weren't having much luck in finding one. They were referred to Sandra Mathewson through fellow employees at Howard's work. The couple had resigned themselves that finding a home would be a long process. One afternoon Sandra phoned Terry to tell her about one of her listings that the current buyer backed out of. Within an hour Howard and Terry met Sandra at the house. After looking at the home for about 15 minutes, they decided to make an offer right then and there!  \
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By Jessica Stanger
(RE/MAX Traditions)
Time is Running Out: How the Mortgage Debt Relief Act can save you!   In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.   The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them that were previously unavailable.   However, the Mortgage Debt Relief Act was always intended to be a temporary solution and it is now set to expire at the end of 2012. For distressed homeowners, this means that time is limited for you to take advantage of this program.   Time is running out. But there is still a chance to change your financial direction and avoid foreclosure.   Jessica S...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Homes Median Home Sales Price April 2012 median price increased 15.8% to $82,500 compared to $71,250 in March 2012. The median price is up 3.1% from the prior April. Median price is defined as the mid-point, where for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Number of Homes Sold April ended the month with 45 sold transactions, up 12.5% from the prior month, and up 9.8% from April 2011. Fernley Sales have been relatively stable for the past thirteen months. Average Days on Market The average days on market are up to 105 days, an increase of 11% from the prior month. Fernley New Listings 45 new listings were taken in April down 32% from March, and a 11% decrease from the prior year. Distressed Listing History The a...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley: A Great Place to Live, Work and Play ! Summary: March 2012 home sales in Fernley are up 14.3% over February and have remained stable over the past twelve months. The volume of bank owned listings has declined, they have been replaced by traditional or equity sellers in the market. This trend may be caused by investors who are seeing us entering a seller's market and this as an opportune time to sell. Fernley Homes Median Sales Price March 2012 median price decreased 2.4% to $71,250 compared to $73,000 in February 2012. The median price is down 25% from the prior March. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Sold March ended the month with 40 sold trans...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Fernley Median Home Sales Price January 2012 median home price decreased 14% to $78,250 compared to $91,000 in December 2011 The Fernley median home price is up 4% from the prior January. The Fernley median home price has remained stable the past ten months. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Price per Square Foot Solds Price per square foot is at $49.37. Fernley Number of Homes Sold January closed the month with 42 sold transactions down 14% from the prior month, and up 50% from January 2010. Fernley sales have been relatively stable for the past ten months. Average Days on Market The average days on market are down to 130 days, a decrease of 8.6% from the prior...
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