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Reno Tahoe Real Estate Monthly, Sept. 2008

September 24, 2008

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Northern Nevada market
Economy muddles apartment marketplace
Washoe County housing market
By Rob Sabo, Northern Nevada Business Weekly

Job losses in the construction industry, an abundance of condominium projects and waves of home foreclosures have led to stagnant apartment rents as well as difficulties in assembling deals to buy or sell complexes.

Click here to read the full story...




Real estate report from Inman News
Selling home to pay for healthcare brings tax bite
How capital improvements help reduce burden
From the Realtor's desk
Ilyce Glink
Inman News


Q: My mother built a house in 1960 for about $12,000. She used a quitclaim deed to gift the property to my two siblings and me. But now she needs to go into a nursing home and we need to sell the house to pay for her care.

We were told that because we own the property and don't live there, that we will have a large tax bill on our hands.

Click here to read the full story...




Home Improvement
The 10 best home upgrades to maintain market appeal
From the Realtor's desk
By Doresa Banning
Nevada Home Magazine


Whether you’re looking to sell your home or simply keep your equity increasing at the pace of the market, upgrades are all but mandatory. But not just any improvements will maintain or increase your home’s appeal.

“A pool or hot tub is not a recommended upgrade,” says Dee Dee Remaklus, broker with Reno-based Buyer Agents Remaklus Realty. “Something that requires added maintenance may actually make your home less appealing.”

Click here to read the full story...


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