Medium Priced Home Sales Dominate In Elko

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The Northern Nevada Business Weekly interviewed several Elko area real estate brokers (unfortunately not my broker, though he would have given simmilar comments)and all agree- Elko is better off than many other areas in the state for stability in the real estate market. However, the ecconomy in general is having an impact on the price buyers are willing to pay for a home, with the more moderate priced range of homes recieving the most activity.

Read the full details below:

Nevada REALTORS Care - Foreclosure Help For Nevadans

Nevada REALTORS Care - Foreclosure Help For Nevadans

Home sales expected to rise in March

Home sales expected to rise in March


Not surprising with the tax incentives deadline to have a contract in place looming, but good news none the less.

Elko and Employment

Well, this certainly isn't good news, but still much better than many other areas...

http://elkodaily.com/articles/2010/04/18/news/breaking_news/doc4bc941eb71f71980263795.txt

NAR Understanding HAMP and HAFA Program

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Please be patient while this video loads- it may take a minute or two, but gives concise information regarding the much anticipated HAMP and HAFA program.

My understanding is that during this intial "warming up" phase, while everyone is still getting up to speed on the implimentation of the program, it may still have some "bumps in the road", but goals are to smooth the transition for distressed sellers as well as agents trying to assist the distressed sellers and potential buyers, as well as giving financial incentives for lien holders.

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The Mortgage/Banking Bail Out Explained....

This was an education for me....It makes me mad, but wish it gave some alternative ideas of how to fix the current situation. What do you think?


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