March 2020 Carson Valley Real Estate Update

Carson Valley Update

We had 64 residential sales in the Carson Valley during March.  A 33% increase from the 48 sales in March of 2019.  The median sales price also increased from $440,000 to $490,000 as well as the average days on market from 105 to 120 days.  Most of this year’s March sales occurred in the Minden/Gardnerville downtown areas (16).  Johnson Lane had 12 sales, the Ranchos eight and Genoa had six.  For those curious if any properties were withdrawn from the market there were 13 withdrawn this year as compared to only 7 last March. Agents are finding other ways to show your property at this time.  I have been using video for my listings as well as for buyers not wanting to venture inside our current listings.  I am also wearing gloves at this time and have noticed owners placing sanitizer near their front doors for everyone’s use.  Be safe everyone.  Learn more by visiting CarsonValleyCommunities.com for more information.  Call 775-309-8454 to schedule an appointment. 

Douglas County Clerk/Treasurer’s Changes in response to COVID-19

Douglas County Treasurer

The Clerk-Treasurer’s office has always taken great pride in delivering quality, efficient, customer service and we hope to continue with that tradition during this unprecedented time. In response to COVID-19, and in an abundance of caution, our office is implementing the following changes, effective immediately and until further notice:

1. Appointments for all in-person transactions are now required.

a. Treasurer (775) 782-9017 or treasurer@douglasnv.us

b. Clerk (775) 782- 9014 or clerk@douglasnv.us

c. Elections (775) 783-6095 or election@douglasnv.us

2. Passport and DMV services have been suspended.

a. https://dmvnv.com/

b. https://travel.state.gov/content/travel/en/passports/how-apply/where-to-apply.html

3. Tahoe General Services, including Saturday Marriage Licenses services, is closed until further notice.

4. When possible, please postpone visits or utilize the following online methods:

a. To register to vote, print mail-in ballot, forms and find more election information, please visit: https://cltr.douglasnv.us/elections/ or govotedouglas.com.

b. To make tax payment, please visit: https://cltr.douglasnv.us/online-payments/

c. To apply for a marriage license, please visit : https://cltr.douglasnv.us/Marriage/

d. To print Fictitious Firm Name applications, please visit: https://cltr.douglasnv.us/formsdownload-center/fictitious-firm-name-filing/

e. To find out more about applying for an outdoor festival permit, please visit: https://cltr.douglasnv.us/wp-content/uploads/2015/10/festivalapp.pdf

f. To apply to be a wedding officiant, please visit: https://cltr.douglasnv.us/generalinformation/marriage-information/minister-instructions/

5. If online method not available, please send completed paperwork, and if applicable, payment via USPS.

Mail completed paperwork to: Douglas County Clerk-Treasurer PO BOX 3000 Minden, NV 89423

6. If you must appear in person, you must schedule an appointment. Appointments will allow us to limit gatherings of more than 10 people and ensure safe social distancing.

a. To limit interaction, a drop box will be utilized, when possible, to collect payment and paperwork.

b. Please bring check or money order for your transaction.

c. If you are paying in cash, please bring exact change.

d. Receipts and documentation will be mailed to you.

7. To file a petition for signature verification or withdraw your candidacy, please call or email the election office to schedule an appointment.

Douglas County NV Tax Sale

Douglas County NV Logo

Upcoming Tax Sale – March 25, 2020

Our annual property tax sale is being held on March 25, 2020 starting at 10:00 am online at www.bid4assets.com/douglasnv. Please visit this website for a list of parcels.

Please note the following bidding instructions:

·         No bid less than the amount of delinquent taxes, delinquent assessments, interest, penalties and costs will be accepted.

·         Property sold at the auction may still be subject to remaining principal and accruing interest due on assessments or perpetual liens, which are not extinguished by the sale, as set forth in the Nevada Revised Statues.

·         Buyer is responsible for the real property transfer fees and recording fees.

·         All sales will be made subject to existing right of way and easements of Douglas County, Nevada and the State of Nevada.

·         DOUGLAS COUNTY RECOMMENDS THAT ALL PROSPECTIVE BUYERS OBTAIN A TITLE SEARCH ON THE PROPERTY OR PROPERTIES THEY ARE INTERESTED IN AS DOUGLAS COUNTY DOES NOT GUARANTEE TITLE.

·         Further information concerning the sale may be obtained from the Treasurer’s office at 775-782-9018 or on our website https://cltr.douglasnv.us/treasurytaxes/tax-sales/or by consulting the records of the Douglas County Assessor and the Douglas County Recorder.

Carson Valley Real Estate Update

Carson Valley Update

We had ten new single family listings last week. Seven of those were located in Gardnerville, three in Minden. Housing inventory retreated with 16 local properties entering escrow and 8 sold. We’ve had 118 sales since the beginning of the year with a median sales price of $443,000. Days on market has averaged 103 days. Last year at this time we had a total of 105 sales with a median sales price of $450,000. Average days on market was 123 days. There are currently 113 single family homes on the market in the Carson Valley. If you would like information about your neighborhood community please don’t hesitate to contact me at 775-309-8454. Robert Stiles, REALTOR® BS.1001136 NV CHASE INTERNATIONAL

Hello, Genoa Town Residents!

Genoa Nevada Logo

There have been multiple mountain lion(Puma councolor) sightings on the west side of Town (mountain side). We encourage all residents and visitors to be aware of their presence and take the necessary steps to prevent any life-threatening human/wildlife interactions.


This includes but is not limited to the following:

  1. Make sure ALL trash is disposed of in proper wildlife resistant containers.
  2. Be aware of tracks, scratch marks and sign (scat) in your yard and surrounding areas.
  3. Monitor your pets when they are outdoors in the evening, dawn and dusk.
  4. Enclose all small livestock in predator proof enclosures.
  5. If you see a mountain lion, or a bear, stand your ground. Do not run. Make noise and move with purpose. 

Genoa has notified the Department of Wildlife (NDOW) and we will keep you updated on any response from the Agency.
If you have seen mountain lions on your property please contact the Town with a location and time of the sighting.

Carson Valley 12 month Real Estate Update

An update of the Carson Valley real estate market for the past 12 months shows the number of residential sales declined 6% from 2018 figures, down to 748 units. Median sales prices during the same time period increased 4.2%. However the Lake Tahoe area of Douglas County heated up in 2019 with a 25% increase in the number of residential homes sold. The increase in numbers from 106 to 133 units does not include 6 lakefront sales. The median sales price for the lake area also increased 13.9% to $900,000. I’m seeing an increase in the number of families wanting to leave California. Happy Holidays! Sign up below for my future blog post.

Carson Valley Community and Senior Center

Douglas County Community Center

One of our largest local attractions is the Douglas County Community and Senior Center. It opened December 6, 2014, and is at the heart of Gardnerville, NV. With offerings for seniors, adults and youth all are welcomed and can find an activity to enjoy. Come for their contact classes, sports programs, fitness center, arcade, room rentals or senior services and find more than you came for! Learn more by visiting their website today.

Terrazza at Genoa Lakes

Terrazza at Genoa Lakes

Phase 1 at Terrazza is now open for sales. Lot prices are currently set between $295,000 and $310,000. You will have five years to begin construction. HOA dues are currently $224 monthly and include club house access at Genoa Lakes. There are currently four floor plans with three elevations available for each plan; Mountain Modern, High Desert and Modern Farmhouse. These beautiful homes will start at 2950 square feet (SF), 3300 SF, 3600 SF and 3800 SF. We are excited to offer a $5000 credit towards buyer closing costs of our custom homesites or developer homes if purchased before December 31, 2019. To learn more about this new project visit the Terrazza website here. If you decide to contact Mike Dunn or Sonja Leonard please mention my name – Robert Stiles, REALTOR® at Chase International. I’d also be happy to meet you at the property if you’re new to the area. Call me at 775-309-8454. Thank you.

3 People You Need on Your Home Buying Team

DOWN PAYMENT MONEY

When it comes to home buying, you don’t have to go it alone. You need a team to succeed. Here are three key people you want on your side.

Homeownership advisor

A nonprofit homeownership advisor can serve as a home buying coach, helping you understand the best plan for your individual situation. They can guide you on homeownership process, how to work on credit issues, understand different loan terms and find homeownership education courses.

Find HUD approved housing counseling agencies or search across Framework’s network of homeownership advisors.

Homeownership education is often required for down payment assistance programs and helps set you up for success. The type of course may vary from program-to-program. Get a jump start by checking out online courses.

Lender

Your lender can offer a range of mortgage loans that may also include down payment and closing cost help. Ask your lender what down payment assistance programs they offer. Discuss your eligibility for programs and compare programs with first mortgage options.

Your lender can also help you navigate the down payment program application process while you are getting qualified for a home loan.

Real estate agent

When you use a down payment assistance program, both you and the home must qualify. That’s why it’s really important for your real estate agent to know what home financing solutions you are considering.

Your agent can help you find homes that are eligible for down payment help and also present the best offer to a seller.

When interviewing agents, ask how often they work with first-time homebuyers, their process for educating new buyers and their knowledge of down payment assistance programs.

Team work in real life

ABC News 7 On Your Side Consumer Expert, Michael Finney highlights just how a home buying team works in a recent story.

Ivan is a 24-year-old new homebuyer who used his team to buy a home in a very competitive, high-cost market. He used a down payment assistance program for the $8,000 down he needed on the $410,000 home.

Watch how they all helped Ivan reach his goal.

Ready to find out what programs are available in your market? Use our program search tool. On each program, you can discover “participating lenders” who are approved to work with the program.

DOWN PAYMENT RESOURCE®

Carson Valley Real Estate Update for October 2019

Carson Valley Update

Days on market in October increased in both the 89410 zip code and the rest of the Carson Valley areas. However the total number of sales in the Carson Valley declined by 11% while the 89410 zip code remained the same as at this time last year. The median price in the 89410 zip increased by 2.7% over last year though while the entire Carson Valley declined by 6.3%. This last bit of information really only says that those with lower priced homes decided to sell outside the 89410 zip while those within the downtown, Ruhenstroth and Pinenut areas had sales from higher priced listings. The important figures to note here are the increase in the days on market and the decline in the total number of sales. This typically means a slowdown in the market place however we’ll watch to see what occurs over the next few months to see. Please call if I can help you with any real estate related questions or concerns. Robert Stiles, REALTOR® CHASE INTERNATIONAL NV BS.1001136