6 Habits of Highly Successful Home Buyers
The season to buy is just around the corner in spring and these are some home-buying habits to adopt now:
- Ditch a daily indulgence.
- Make weekly deposits into a "home savings" account.
- Start attending weekly open houses.
- Do a trial run at homeownership.
- Pay all bills on time.
- Check your credit report.
Source: realtor(dot)com
|
|
|
How to Reduce Closing Costs
Closing costs can add up and some must be paid before the home is officially sold. Here's some ways to reduce those costs:
- Look for a loyalty program.
- Close at the end of the month.
- Get the seller to pay.
- Wrap the closing costs into the loan.
- Join the army.
- Join a union.
Source: realtor(dot)com
|
|
|
|
2018 Northern Nevada
Real Estate Re-Cap
|
|
|
Discover these Top Takeaways!
Fallon
- In December 2018, the median listing price for single family homes was $184,750 (a 1% decrease from November 2018)
- There are 254 properties for sale ranging from $10,000 - $999,000
Reno-Sparks
- 1,310 sales of existing single-family homes (a 17% decrease from 2017 and an 18% decrease from Q3)
- The median sales price of single family homes was at $375,000 (an increase of 7% from 2017 and a decrease of 1% from Q3)
- Median sales price of condos/townhomes was at $195,000 (an increase of 15% from 2017)
Reno (including North Valleys)
- 905 sales of existing single family homes (a 20% decrease from 2017 and 17% decrease from Q3)
- The median sales price for single family homes in Q4 was $395,000 (an increase of 11% from last year and a 1% decrease from Q3)
- Median sales price of condos/townhomes was at $200,000 (an increase of 8% from last year)
More information via the housing bubble chart below. The Reno/Sparks Association of REALTORS (RSAR) obtains its information from the Northern Nevada Regional Multiple Listing Service.
|
|
|
|
