Chance Gates' Blog

Trulia, Inc., a real estate search site, has announced that 22% of homes currently on the market in the United States as of December 1, 2009 have experienced at least one price cut.
Read more: http://rismedia.com/2009-12-10/home-price-reduction-levels-drop-to-2009-low/#ixzz0ZOqMMnLK

When we already know for the first time in years nondistressed properties had more sale than the short sales or foreclosed properties.

http://chancegates.com/2009/12/02/october-2009-reno-market-stick-built-homes-in-reno-100/

As presented in the article http://chancegates.com/2009/11/23/180/
interest rates have hit an all time low. With the tax credit extensions for first time buyer which now includes move up buyers also. http://chancegates.com/2009/12/03/first-time-home-buyers-tax-credit-extension-quandaries-answered/
Should make March and April very active months in the Reno/Sparks real estate market, as everyone tries to beat the April 30 deadline.

If your selling a house here is a helpful real estate blog post so you will not be one of the 22%. http://chancegates.com/2009/04/27/selling-a-house-in-a-buyers-market/

If your buying a house in the Reno/Sparks real estate you can visit these helpful blogs post:

http://chancegates.com/2009/12/06/home-owner-tax-credit-for-new-purchase-of-a-home/

http://chancegates.com/2009/11/02/home-loan-checklist/

http://chancegates.com/2009/09/16/hud-home-loanprogram-100-down-payment/

http://chancegates.com/2009/10/19/how-to-find-and-buy-a-hud-foreclosed-home/

http://chancegates.com/2009/08/12/city-of-reno-homebuyer-assistance-program/

If looking to purchase real estate in Lyon County here is another helpful real estate blog post:

http://chancegates.com/2009/08/03/new-nsp-down-payment-assistance-program/