Weekly Real Estate Roundup 6/15/2012

reno real estate blogNevada 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