Real Estate Information

Fannie Mae has just introduced an interactive on-line resource for homeowners struggling with their mortgage payments. The site is http://knowyouroptions.com

The site provides calculators, assistance in understanding re-financing, re-payment plans, forbearance, loan modifications and Fannie Mae's Deed for Lease program. 

This is a highly interactive site and well worth checking it out.

These has been a lot of speculation regarding the impact of the new Health Care reform bill on real estate taxes that could be owed after the sale of your property.  This link will take you to a Washington Post article that does a great job of explaining this situation.

Here is the link: Debunking rumors of a housing sales tax

A one of a kind wonderful, silly fun event is happening in downtown Reno at 3pm on August 29th at the City Plaza. The event is the world's largest food fight and last year invloved 50,000 lbs of tomatoes. Rumor has it that there are 100,000 lbs on order for this years event. You really have to see this or paricipate in throwing tomotoes at anyone and everyone. There are also prizes for the most outrageous costumes!

Get out your ski gogles and swin suits and have fun!!! The proceeds benefit the American Cancer Society.

Attached is a link to a seven page report from the National Association of Realtors which covers the Reno real estate market area statistics for the 1st quarter of 2010.  If you have any questions on this report please call us on 775-530-8397 or email at tahoejg@netzero.com.

Here is the link to the report: http://www.realestatebygraham.com/agent_files/Q1-2010 Statistics.pdf 

This weekend we have a special treat for all of the Chicago (the band) fans.  A tribute group called the Chicago Tribute Authority (www.chicagotributeauthority.com) will be performing this Saturday, July 3rd, at 8pm in Reno outside at the Harrah's Plaza.  This group really packed the Plaza for their concert in Reno at the Plaza last year so get there early for a chance to see and hear this great band. 

If you are interested in getting a list of distressed properties (REO and Short Sale) available for sale you can go to our website at www.RealEstateByGraham.com, hover over the buyer link and then select either the REO or Short Sale button.  This will take you to a page where you can click and see the list.  If you would like any more information regardings these properties, pelase feel free to contact us at 775-530-8397 or tahoejg@netzero.com

Summer is here finally! and I am happy to report that we are selling homes in Somersett.

Here are the latest updates for this great golf course community in North West Reno.

104 homes Active for sale (32 of them in some form of contract) leaving 72 fully active.

Sales Rate (often referred to as absorption rate): 12.33 homes sold per month from April 1st through June 30th.

Months of remaining inventory: 5.83. A balanced market is considered to be 6 months of supply.

Happy home hunting!!

Let's hear it for the Blues and Brews festival in Reno last weekend.  Hot August Nights came early to Reno this year.  The weather was hot and in the 90's much like the temps during the Hot August Nights festival.  This years Blues and Brews festival in downtown last weekend Reno was a great event.  Lots of live blues music from bands all across the country including my favorite, the JC Smith Band along with the Delta Wires, Chris Cain, Lee Rocker, and Shane Dwight.

There was lots of great BBQ and other foods along with the opportunity to wash it all down with over 20 micro-brews from all of the country including Reno's own custom made beers made on-site in the Eldorado's on Brew Brothers.

If you are a blues fan and didn't get to attend the event this year you really missed out on a great time.  Make plans to catch this event in 2011.  Great weekend events in Reno continue thru September, 2010.  Come out and enjoy the great variety of actives in Reno and don't forget that Artown starts July 1st. 

The PGA is coming back to Reno for the 12th consecutive year.  This event is hosted by Montreux Golf and Country Club on a Jack Nicklaus designed signature course.  The tournament has new dates this year and takes place from July 12-18.  This tournament will be covered on TV by the Golf Channel.  If you like to watch golf this is a must see event.  There are lots of things to do at the tournament in addition to watching golf.  There is great food, a wine walk, and the Fiesta Loco tent on the 16th hole complete with great Mexican food and live mariachi's.  That's where you will find me.  Come and enjoy this great event.  For more information go to www.renotahoeopen.com.

I can't believe that half of the year is gone.  Wow.  The 15th annual Reno celebration of the arts called Artown is almost ready to begin.  This is a month long series of activities and events in the Reno area that showcase the arts.  There is something for everyone at Artown and the best part is most of the event are free.  The events include music, dance, visual arts, and performances.  For more information of this great event go to www.renoisartown.com.  We hope to see you at some of these great events.