The Nevada Real Estate Division publishes real estate license statistics on a quarterly basis.  I last published October’s numbers for licensed agents in Washoe County.  Today I updated the table with January’s numbers.  As expected the number of active licensees has declined since last quarter…by 72 agents.  Because we had 3,176 agents in October, a […]

continue reading.....

Nothing like blowing our own horn.  Yesterday I was informed that Diane and I (and our Reno Realty Blog) have been listed as one of Reno Magazine’s "The Best of Reno TOP 101".  In case you missed it we’re on page 97.  Kudos also to Mike Van H’s Downtown Makeover site and Myrna the Minx’s […]

continue reading.....

According to Countrywide, America’s Wholesale Lender, the Reno-Sparks market is a category 5 risk along with other familiar locales, such as Las Vegas, Stockton, Modesto, Riverside, Phoenix, Sarasota and Miami. As with tornadoes, 5 is about as bad as it gets. Even Sacramento ranked better at 4. Our reward for this dubious ranking? At least […]

continue reading.....

Aoccdrnig to rseearch at an Elingsh uinervtisy, it deosn’t mttaer in waht oredr the ltteers in a wrod are, the olny iprmoatnt tihng is that the frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit a porbelm. […]

continue reading.....

It looks like last quarter’s Moody’s Economy.com report on housing price declines, which I have referenced in previous posts, may have been a little too optimistic.  Many of our readers have been forwarding links to yesterday’s Merrill Lynch housing report.  The report has been all over the news, but in case you’ve missed it, here are a […]

continue reading.....

In keeping with the Housing Market video theme, here are a couple more that Reno Ignoramus forwarded our way…
 

These YouTube videos can be found at http://www.youtube.com/watch?v=Ivp4YqGCI-s and http://www.youtube.com/watch?v=-rLYph0J7vc&feature=related

continue reading.....

Last week Diane linked to a video of a presentation that we attended at the recent Inman Connect conference in NYC.  Today I’d like to share another one of the excellent presentations we attended.  In this video John H. Vogel Jr., Adjunct Professor of Business Administration at the Tuck School of Business at Dartmouth, explains: […]

continue reading.....

We have 26 homes for sale in Montreux according to our MLS, not counting developer unlisteds. Thirteen are under $1.5 million, and I see one pending, 5920 Cartier for $1.295 million. In 2007 we had 23 sales, putting the rate of absorption at 1.92 homes per month. At the current rate of sale, we have […]

continue reading.....

Because you all seem to like charts so much (and also because charts are a bit easier to post using this new platform), I’d like to share a couple more I received recently.  The first shows REO’s for the state of Nevada broken out by county.  The second shows Pre-foreclosures for the state, again broken […]

continue reading.....

Our friends at Ticor Title sent me the charts below.  What is telling about the Sales chart is that while Resale units sold have been trending down for some time (like, since August 2005), new home sales have been trending up recently.  And now the difference between the two is smaller than ever.  Will these […]

continue reading.....