News
Reno Real Estate Round Up 4/19/2013
Real estate news from the past week…ish. Nevada Back To #1 For Foreclosures-RGJ.com #1 again!!! Lenders Allowing 5% and 10% Down-RGJ.com A way better deal than FHA’s 3.5% People Still Want To Buy Houses-DSNews.com Gallup Poll for what it’s worth. Foreclosure Timelines Are Getting Longer-DSNews.com Just keep adding to the inventory. […]
Old Southwest Reno Is Getting Really Expensive
A new listing came out this evening. Heart of the Old Southwest for a cute little home around 1,300 sqft. No big deal until I looked at the price per sqft… $306.92 per sqft. There’s only been 4 homes in the past 4 years to sell over $300 per sqft (current property is on the […]
Washoe County Foreclosure Statistics For March 2013
Ticor Title Company sent out the updated foreclosure stats for March 2013. The full stats can be viewed by clicking the picture to the right. Notice of Defaults hit their highest point since September 2011 (start of AB 284) Notice of Sales (final recording before foreclosure) at their highest since February 2012 Trustee’s Deeds were […]
Reno Real Estate Roundup 3/29/2013
FHA Loan Prices To Increase On April 1st- Renown®homes.com If rates go up a refi may not work. You should look into a conventional with 5% down. Fannie Mae Says Housing Return To Remain- Inman.com It’s still about 70/30 that the market won’t depreciate in the near future. Streamlined Loan Mods From Fannie and […]
AB300 To The Rescue? Redefining AB284…
The legislature is in full swing and they will finally begin to tackle the AB284 language debacle. For those of you that haven’t been following… AB284 made it tougher for a lien holder to foreclose due to the vague language of “personal knowledge” and other verbiage. Oh yeah… it’s also a felony if you mess […]
Reno/Sparks Market Stats February 2013
The Reno/Sparks Association of Realtor
Reno/Sparks To Be A Top 15 Housing Market
The Business Insider came out with their top 15 housing markets for the next five years. You can read the article here… The Best 15 Housing Markets For The Next Five Years Expected gains are to be 8.1% over those five years. I’m a little surprised Reno/Sparks was included. Not due to the market condition […]
Update: Breslow (State of Nevada) Home Retention Program
I must have missed this the first time I read through the articles. According to the Las Vegas Review journal, article here, $100 million of the funds used in the program will be from the treasury department. Breslow was quoted as saying this will have no cost to the state. While that is technically true […]
What’s Up With Fannie Mae List Prices?
If you’ve been looking for houses the past 6-8 months you’ve noticed there isn’t much inventory and prices are going up. Well, Fannie Mae is onto this and has been trying to prop up the market even more. Go ahead and search the Fannie Mae listings. Search Here Now run search on closed and even […]
Reno Real Estate Roundup
All from the RGJ.com except 1. Well 2 10 Reno Trends For 2013- RGJ.com 3-5 are directly related to real estate. Storm Coming To Nevada Housing- KnoxNews.com It’s pretty bad when the AP sees your state’s bubble. Nevada 4th Worst State To Buy Foreclosures- LasVegasSun.com The RGJ article is gone so I guess there’s two […]