Chance Gates' Blog

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The Standard & Poor’s/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — fell 1.3% in November after an identical 1.3% decrease in October. On a year-over-year basis, prices fell 3.7% compared with November 2010.

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 27 fell 2.9%. Refinancing applications decreased 3.6%. Purchase volume fell 1.7%.

The Institute for Supply Management reported that the monthly composite index of manufacturing activity rose to 54.1 in January after a reading of 53.1 in December. A reading above 50 signals expansion. It was the 30th straight month of expansion.

Total construction spending rose 1.5% to $816.4 billion in December from $804 billion in November. Economists had anticipated an increase of 0.5% in December. Compared to a year ago, construction spending rose 4.3%.

Factory orders rose 1.1% in December to a seasonally adjusted $466.2 billion, following an upwardly revised 2.2% increase in November. Excluding the volatile transportation sector, orders rose 0.6% in December.

The Institute for Supply Management reported that the monthly composite index of non-manufacturing activity rose to 56.8 in January from 53 in December. A reading above 50 signals expansion. It was the 26th straight month of expansion in the services sector.

Initial claims for unemployment benefits fell by 12,000 to 367,000 for the week ending January 28. Continuing claims for the week ending January 21 fell by 130,000 to 3.437 million.

Thanks to my friends at Prospect Mtg

Mark your favorite properties and get instant updates price changes,  new pictures and status changes.

As a Reno/Sparks Nevada real estate professional and property manager, I encourage all questions and comments on the Reno/Sparks real estate market or any of the articles posted in this blog. Please feel free to use my back door to the MLS and search the houses available in the Reno/Sparks and most Northwest Nevada neighborhoods. I can be reached by email @ chance@ballard-company.com http://www.myspace.com/chancegates .  You can also follow me at http://www.twitter.com/chancegates .  To checkout some of  my property manager services goto http://chancegates.com/property-management-services/

If you are behind on your house payment and looking for a loan modification, go to making homes affordable

If the modification fails, contact your local real estate professional to help short sale your home.  To make sure there is no deficiency judgment a homeowner might find it necessary to hire an attorney.

http://www.guinnessworldrecords.com/news/2012/1/kobayashi-bags-new-twinkie-eating-record-on-wendy-williams-show/

Speed eating legend Takeru Kobayashi has set a new record, this time setting a new benchmark for the most Twinkies eaten in one minute.

The Japanese competitive eater managed to scoff 14 of the cream filled sponge cakes on set of the Wendy Williams Show in New York, USA earlier today.

Today’s record adds to Kobayashi’s five other Guinness World Record titles (Fastest time to eat a bowl of pasta, most hamburgers eaten in three minutes, most hot dogs eaten in 12 minutes, most hot dogs eaten in 3 minutes, and most meatballs eaten in one minute).

www.nevadawolfpack.com

RENO, Nev.—The Reno Aces and the University of Nevada baseball team will renew their annual exhibition contest at 6:05 p.m. on Tuesday, April 3 at Aces Ballpark, with proceeds once again benefiting the Nevada Dugout Club, the entities jointly announced today.

The 2012 exhibition will mark the third-straight exhibition contest between Reno’s Triple-A affiliate of the Arizona Diamondbacks and the NCAA Division I Wolf Pack. The Aces defeated Nevada 9-3 last season, on the heels of an 11-1 victory in the inaugural game in 2010.

In each of the last two seasons, the Aces have made a $15,000 donation to the University of Nevada Dugout Club, an organization that serves as the main fundraising body of the University of Nevada baseball team.

The game will serve as the final tune-up for the Aces before opening the 2012 season on April 5, while Nevada’s student-athletes will have the opportunity to compete against some of professional baseball’s top prospects at the Triple-A level.

Once again this season, the game will be played in an exhibition format, with Aces pitchers and catchers playing for both squads. All players will use wood bats, and the contest will last between seven and nine innings, depending on the status of the Aces pitching staff. Utilizing the traditional Minor League Spring Training format, pitchers will be placed on a pitch count, and should a pitcher reach his limit, the game will immediately proceed to the next half inning.

Tickets for the game are $14 for adults, $10 for college students and $7 for children 12 and younger and seniors 62 and older. Aces season-ticket holders will have the chance to purchase tickets at a discounted rate of $10, and will be eligible for an exclusive presale opportunity. Tickets may be purchased online at www.RenoAces.com beginning Monday, March 20 and at the Reno Aces Ticket Office on Saturday, March 10.

The Aces begin their defense of the Pacific North Division Championship on Thursday, April 5 at Aces Ballpark. All full and partial Aces season tickets are available now by calling (775) 334-4700. For up-to-date news and notes throughout the offseason, visit www.RenoAces.com, follow the club on Twitter (@aceball) or like the team on Facebook.

Dad needs to show an incredible amount of respect and humor and friendship toward his mate so the kids understand their parents are sexy, they’re fun, they do things together, they’re best friends. Kids learn by example. If I respect Mom, they’re going to respect Mom.
Tim Allen

Electricity can be dangerous. My nephew tried to stick a penny into a plug. Whoever said a penny doesn’t go far didn’t see him shoot across that floor. I told him he was grounded.
Tim Allen

Men are liars. We’ll lie about lying if we have to. I’m an algebra liar. I figure two good lies make a positive.
Tim Allen

Men are pigs. Too bad we own everything.
Tim Allen

My mom said the only reason men are alive is for lawn care and vehicle maintenance.
Tim Allen

Never comment on a woman’s rear end. Never use the words “large” or “size” with “rear end.” Never. Avoid the area altogether. Trust me.
Tim Allen

While awaiting sentencing, I decided to give stand-up comedy a shot. The judge had suggested I get my act together, and I took him seriously.
Tim Allen

Women are like cars: we all want a Ferrari, sometimes want a pickup truck, and end up with a station wagon.
Tim Allen

Women now have choices. They can be married, not married, have a job, not have a job, be married with children, unmarried with children. Men have the same choice we’ve always had: work, or prison.
Tim Allen

Pending home sales, a forward-looking indicator based on signed contracts, fell 3.5% in December after a 7.3% increase in November. On a year-over-year basis, pending home sales are up 5.6%.

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 20 fell 5%. Refinancing applications decreased 5.2%. Purchase volume fell 5.4%.

Orders for durable goods — items expected to last three or more years — rose $6.2 billion or 3% to $214.5 billion in December. This increase surpassed the 2.2% economists had anticipated and follows a 4.3% surge in November. Excluding volatile transportation-related goods, orders posted a monthly increase of 2.1%.

New home sales fell 2.2% in December to a seasonally adjusted annual rate of 307,000 units from a revised rate of 314,000 units in November. Compared to a year ago, new home sales are down 7.3%.

Retail sales fell 1.4% for the week ending January 21, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.8%.

The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual rate of 2.8% in the fourth quarter of 2011. This follows a 1.8% pace of growth in the third quarter of 2011. For all of 2011, initial reports indicate the economy expanded 1.7%.

Initial claims for unemployment benefits rose by 21,000 to 377,000 for the week ending January 21. Continuing claims for the week ending January 14 rose by 88,000 to 3.554 million

Thanks to my friends at Prospect Mtg

Mark your favorite properties and get instant updates price changes,  new pictures and status changes.

As a Reno/Sparks Nevada real estate professional and property manager, I encourage all questions and comments on the Reno/Sparks real estate market or any of the articles posted in this blog. Please feel free to use my back door to the MLS and search the houses available in the Reno/Sparks and most Northwest Nevada neighborhoods. I can be reached by email @ chance@ballard-company.com http://www.myspace.com/chancegates .  You can also follow me at http://www.twitter.com/chancegates .  To checkout some of  my property manager services goto http://chancegates.com/property-management-services/

If you are behind on your house payment and looking for a loan modification, go to making homes affordable

If the modification fails, contact your local real estate professional to help short sale your home.  To make sure there is no deficiency judgment a homeowner might find it necessary to hire an attorney.

www.nevadawolfpack.com

Two junior college transfers and two prep products have enrolled in classes this semester at the University of Nevada, the Wolf Pack football program announced today.

Defensive backs Nigel Haikins and Markus Smith, both juniors, join the Wolf Pack from the junior college ranks while Reggie Coates and Andrew Main previously signed National Letters of Intent with Nevada in 2011 and delayed enrollment until the spring semester.

Haikins is 5-10 and 205 pounds and comes to Nevada from Diablo Valley College in the Bay Area. Smith is 6-1, 185 and joins the Pack from Riverside (Calif.) Community College.

Coates (Crespi HS; Canoga Park, Calif.) is a 6-1, 240-pound freshman defensive end while Main (Los Alamitos HS; Los Alamitos, Calif.) is a 6-3, 270-pound freshman offensive lineman.

More information on the players will be available along with the rest of the 2012 signing class, which will be announced Feb. 1

Because if you’re prepared and you know what it takes, it’s not a risk. You just have to figure out how to get there. There is always a way to get there.
Mark Cuban

Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.
Mark Cuban

But we have to ask ourselves, what’s the purpose of the stock market? It’s supposed to be a source of capital for growing business. It’s lost that purpose.
Mark Cuban

But we have to ask ourselves, what’s the purpose of the stock market? It’s supposed to be a source of capital for growing business.
Mark Cuban

I don’t care what anyone says. Being rich is a good thing.
Mark Cuban

I don’t think there’s any question that the UFL or any other league that wants to challenge the NFL can have an impact. The demand for professional football is off the charts.
Mark Cuban

I hate politics. It’s slimy. Any job where people pander for votes, I don’t like. The country has gotten so partisan that if you’re not on my side, you’re the enemy. The only thing I ever try to support is a third party, like Unity08. We need more parties and more choice.
Mark Cuban

I still work hard to know my business. I’m continuously looking for ways to improve all my companies, and I’m always selling. Always.
Mark Cuban

I think one of the biggest curses in the U.S. is that we have only two political parties.
Mark Cuban

I think that any reporter or columnist will be a little more careful when doing interviews with me.
Mark Cuban

http://www.visitrenotahoe.com

Big-O Tires Presents Advanced Auto Parts Monster Jam

Reno-Sparks Livestock Events Center
March 9, 2012 – March 11, 2012

It’s the hottest edge-of-your-seat, live motor sports property on the planet and largest touring family show in North America!  The events are electrifying as 1,500 HP monster trucks fly 30 feet in the air, flattening anything in their path.  There will be variety of specialty acts such as Freestyle Motocross Exhibitions and ATV “Quad Wars” Racing.

Building – Main Arena

Paid Parking - $7.00 per vehicle

Event:  Friday & Saturday 7:30pm – doors open at 6:30pm

Saturday pit party – 11:30am – 1:00pm MUST have a Saturday 2pm event ticket and Pit Pass (available for purchase at $10.00 at the Livestock Events Center Box Office – while supplies last)

Saturday & Sunday  Matinee 2:00pm – doors open at 1:00pm

Ticket Prices: (includes Facility fee) Adults General Admission   $21.00

Children – General Admission $8.00

Day of show all tickets $2.00 additional

$5.00 Adult discount coupons available at participating Big-O Tires locations from 2/20/12 through 3/8/12 – while supplies last.

For tickets call 800-745-3000 (Ticketmaster) or tickets may be purchased at Ticketmaster.com

May also purchase tickets at the Silver Legacy Casino Box Office open daily at noon with the exception Closed on Mondays

Reno-Sparks Livestock Events Center Box Office – 1350 N. Wells Avenue open week of the event

Monday – Thursday 11am – 6pm

Friday & Saturday – 10am – 8:30pm

Sunday – 10am – 3pm

Mark your favorite properties and get instant updates price changes,  new pictures and status changes.

As a Reno/Sparks Nevada real estate professional and property manager, I encourage all questions and comments on the Reno/Sparks real estate market or any of the articles posted in this blog. Please feel free to use my back door to the MLS and search the houses available in the Reno/Sparks and most Northwest Nevada neighborhoods. I can be reached by email @ chance@ballard-company.com http://www.myspace.com/chancegates .  You can also follow me at http://www.twitter.com/chancegates .  To checkout some of  my property manager services goto http://chancegates.com/property-management-services/

If you are behind on your house payment and looking for a loan modification, go to making homes affordable

If the modification fails, contact your local real estate professional to help short sale your home.  To make sure there is no deficiency judgment a homeowner might find it necessary to hire an attorney.

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 13 rose 23.1%. Refinancing applications increased 26.4%. Purchase volume rose 10.3%.

The producer price index, which tracks wholesale price inflation, fell 0.1% in December after increasing 0.3% in November. For the year, wholesale prices are up 4.8%. Core prices — which exclude food and fuel — rose 0.3% in December.

The National Association of Home Builders/Wells Fargo monthly housing market index rose four points in January to 25 from a reading of 21 in December. It was the highest level since June 2007. An index reading below 50 indicates negative sentiment about the housing market.

The combined construction of new single-family homes and apartments in December fell 4.1% to a seasonally adjusted annual rate of 657,000 units. Single-family starts increased 4.4%. Multifamily starts fell 20.4%. Applications for new building permits, seen as an indicator of future activity, fell 0.1% to an annual rate of 679,000 units. Housing starts for the year are up 24.9%.

Existing home sales rose 5% in December to a seasonally adjusted annual rate of 4.61 million units from a downwardly revised 4.39 million units in November. The inventory of unsold homes on the market decreased to 2.38 million, a 6.2-month supply at the current sales pace, down from a 7.2-month supply in November.

Initial claims for unemployment benefits fell by 50,000 to 352,000 for the week ending January 14. It was the lowest level since April 2008. Continuing claims for the week ending January 7 fell by 215,000 to 3.432 million.

Thanks to my friends at Prospect Mtg

Mark your favorite properties and get instant updates price changes,  new pictures and status changes.

As a Reno/Sparks Nevada real estate professional and property manager, I encourage all questions and comments on the Reno/Sparks real estate market or any of the articles posted in this blog. Please feel free to use my back door to the MLS and search the houses available in the Reno/Sparks and most Northwest Nevada neighborhoods. I can be reached by email @ chance@ballard-company.com http://www.myspace.com/chancegates .  You can also follow me at http://www.twitter.com/chancegates .  To checkout some of  my property manager services goto http://chancegates.com/property-management-services/

If you are behind on your house payment and looking for a loan modification, go to making homes affordable

If the modification fails, contact your local real estate professional to help short sale your home.  To make sure there is no deficiency judgment a homeowner might find it necessary to hire an attorney.