Weekly Real Estate Roundup 6/15/2012
Nevada now 3rd in foreclosure rate- RGJ
Thanks AB 284!
Eminent domain used to take over mortgages?- MSNBC
Mortgage Resolution Partners put forth a plan to work with investors and local governments to condemn underwater homeowners without using tax payer dollars.
Jail time for unkept lawns- AOL
A city in Long Island, NY passed a law imposing fines and potential jail time for unkept properties.
National inventory shortage creates competition among home buyers- LA Times
Reno and Sparks aren’t the only cities dealing with inventory shortages.
Shadow Inventory lowest since 2008- DSNews
Here’s your answer to why people are jumping off the fence and buying.
Kristopher Kent, Realtor®
Managing Broker
Phone: 775-870-4280
Fax: 775-870-4281
Kris@Reno-Realty.com