The Reno Sparks Association of Realtor's latest monthly "To The Point" market analyses is here. This month topics of discussion includes the extension of the Mortgage Forgiveness Relielf Tax Act that is set to expire at the end of 2012. A one year extension is now being considered but has yet to be approved and passsed.
Northern Nevadan home sellers continue to receive multiple offers on their homes, often times at higher than asking prices. Low inventory here in Reno and Sparks has kept buyers scrambling to find a home to buy.
This "To The Point" monthly video offers the latest statics on homes sold in the Reno, Sparks and Fernley Nevada areas. Many Realtor's are staying hopeful because of the steady increases each area has been showing. Be sure to watch this video to see why!!