Monthly Archives: April 2008

Reno’s Average Commute Time: 15 Minutes 36 Seconds

Posted on April 16, 2008 by Guy Johnson

Today is National Start! Walking Day…at least according to the American Heart Association.  I saw the article in this morning’s RGJ Neighborhood & Voices section.  While I believe in the benefits of walking (or most exercise, for that matter), what … Continue reading →

Posted in Reno | Tagged , | 2 Comments

March Recordings from Ticor Title

Posted on April 16, 2008 by Guy Johnson

Both the number of new homes sales and the number of re-sales in Washoe County increased for the month of March according the most recent data distributed by our friends at Ticor Title.   March re-sales were up 15% over February’s … Continue reading →

Posted in Market Trends | Tagged , , , , , | 15 Comments

Reno Market Condition Report from First Centennial Title

Posted on April 15, 2008 by Guy Johnson

Click on the picture below to see the latest Reno Area Market Condition Report with commentary from First Centennial Title. (3 pages)   Some excerpts:  "Generally, even though the market may have bottomed in terms of demand, prices will continue to … Continue reading →

Posted in Market Trends | Tagged , , | 45 Comments

Time to Lower the Price

Posted on April 14, 2008 by Diane Cohn

Thanks to Smarten for pointing this out over on Chase Nation, but here is probably a better place to share this link. I had another column appear in the paper over the weekend, this time about an experience I had … Continue reading →

Posted in Agent Insights | Tagged , , | 18 Comments

Friday Update 11 April 2008

Posted on April 11, 2008 by Mike McGonagle

 A few items from our wacky world of real estate, and some speculation for your consideration: The Summit at Grand Sierra Resort now  has 2 units in foreclosure.  The original room count was 825 – DataGuy, any update on how … Continue reading →

Posted in General, Lending, Market Trends | 66 Comments

A Comment Call to Action

Posted on April 10, 2008 by Diane Cohn

Our corporate broker just published her very first blog post over at Chase Nation. She covered the quarterly stats from around Lake Tahoe and Reno, and let’s just say there were some downward happenings in several major categories. Tragically, there … Continue reading →

Posted in General, Market Trends | Tagged , , | 29 Comments

March Median Prices and Units Sold

Posted on April 9, 2008 by Guy Johnson

Units sold are up for the second consecutive month in Reno Sparks; with March sales showing a 8.2% increase over February units sold.  Unfortunately the number of houses for sale increased 2.8% during the same period.  To put real numbers to the … Continue reading →

Posted in Market Trends | Tagged , | 4 Comments

Questions About Market Dynamics

Posted on April 9, 2008 by Diane Cohn

Since last August’s lender implosion, our market has taken a significant hit in performance. Each month’s unit sales have been off somewhere in the neighborhood of 33-46% from each month/year prior. This behavior so far has continued into Spring. And … Continue reading →

Posted in General | 7 Comments