Fernley Homes and Real Estate Report June 2010
By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Fernley homes and real estate monthly report provides information on homes sold, homes for sale, bank owned and short sales statistics. Summary: "As anticipated, we saw an increase in the volume of closed sales during the month of June, many by buyers who were attempting to get in under the June 30 deadline to close deals in order to qualify for the tax credit. It wasn't until the midnight hour that Congress extended the deadline to those buyers who, through no fault of their own, were unable to meet the deadline. As a result of that extension, buyers who qualified for the tax credit and were under contract by April 30th, now have until September 30, 2010 to close the transaction," said Ken Amundson, 2010 president of Reno/Sparks Association of REALTORS. "Although we are remaining ...
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