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Monthly Archives: May 2008
Creep
The May foreclosure numbers for Washoe County are in, and we continue to set records in all categories. Notices of Default totaled 554, up from 513 in April and 179 in May 2007. Notices of Sale totaled 374, up from 313 … Continue reading
Posted in Foreclosures, General
12 Comments
MLS Lite
From time to time, Diane has asked what other real estate sites we lay folks use for research, and has asked for comments on her MLS site (many of which have been implemented). And many of us have voiced disappointment (outrage?) at … Continue reading
Posted in General, Strategy
8 Comments
Off Topic: Riding the Flume
Here’s something different from a random reader who stumbled across our little world on the internet, reprinted with permission… The strange result of a cheesy amateur video I once posted on YouTube. Enjoy! Hello Diane — This is probably an … Continue reading
Posted in General
5 Comments
Pendings Schmendings – 30 Days Later
Thirty days have passed since I took a snapshot of the pendings. The one-month-later status of those pendings is shown below. It comes as no surprise that short sales have the lowest percentage of closings (13%). This is due to the unusually long … Continue reading
The Rental Chain
I have a client who bought a brand new home in South Reno in 2005. At the time we thought she was getting a great deal in a great location at a 2004 price, thanks to some flipper that fell … Continue reading
Posted in Agent Insights, Market Trends
Tagged reno sparks rental market reluctant landlords
52 Comments
Rats
Are they starting to jump off the sinking ship? A quick review of todays new listings showed a lot of "second" homes hitting the market, tons of old time (10 year or more) owners listing, 8265 Trail Hollow hitting the … Continue reading
Posted in General
40 Comments
Price Per Square Foot – the New Metric?
Many recent comments on this blog have been made regarding how the reported median home prices don’t tell the whole story when it comes to home values in Reno. For this reason many of our readers have expressed a desire to … Continue reading
Posted in Market Trends
Tagged median, price per square foot, Reno, Sparks, square, square feet, truckee meadows
34 Comments
Another Block
One Block looked at the financial health of a group of fairly upscale houses on Dancing Aspen in Damonte Ranch. Average purchase price was about $420,000 at the peak. I was pleasantly surprised that most of the loans were pretty good (5/25 … Continue reading
Posted in Developments, General, Market Trends
14 Comments





