Monthly Archives: July 2008

Grand Sierra Resort For Sale

Posted on July 31, 2008 by Guy Johnson

Yesterday’s RGJ reported that the Grand Sierra Resort is negotiating with a few interested parties on the sale of the property.  All involved parties are quiet on the details but the RGJ reported that “The Grand Sierra Resort Corp. bought … Continue reading →

Posted in General | 10 Comments

Feds Seize Two Local Banks

Posted on July 30, 2008 by Diane Cohn

But don’t worry, your funds are safe and accessible through Mutual of Omaha according to online sources. Just another sign of the times as the domestic house of lending continues to fall. Thank goodness the system still works, for now. … Continue reading →

Posted in Foreclosures, General, Lending | Tagged , , , | 16 Comments

Pendings Schmendings – 90 Days Later

Posted on July 26, 2008 by Guy Johnson

Ninety days have passed since I took a snapshot of the Pendings on our MLS. Readers may recall I followed up with a check of the status of these “pendings” at 30 days and again at 60 days. So how … Continue reading →

Posted in Agent Insights, Market Trends | Tagged , , , , | 10 Comments

Old Friends

Posted on July 25, 2008 by Mike McGonagle

1475 Palisade is the Old Southwest house purchased in December 2004 for $619,000, and gutted to the studs before construction stopped.  It had been listed at $479,000, and went back to the bank as an REO.  The bank listed it at … Continue reading →

Posted in Foreclosures, General, Properties, Somersett | 6 Comments

Ticor Title Charts for June

Posted on July 21, 2008 by Guy Johnson

[Ok I’m finally getting around to posting the charts from our friends at Ticor Title.  Thank you everyone who asked about them (both on and off-blog); it shows you care… seriously.] So, Washoe County’s recorded units sold (resales) continue to increase: 491 … Continue reading →

Posted in Market Trends | Tagged , , , , , , | 30 Comments

Reno Foreclosure Sample Platter

Posted on July 20, 2008 by Diane Cohn

Today I went out with some buyers looking in the $200K-$250K range. Like all internet shoppers they sent a specific list of properties to see. Of course they’d picked all the best deals, which meant that half were in escrow … Continue reading →

Posted in Agent Insights, Foreclosures, General, Properties | Tagged , , , | 7 Comments

Getting in the Spirit for Inman Connect SF

Posted on July 17, 2008 by Diane Cohn

I must confess, Guy and I have become die-hard Inman groupies, and this year we’re dragging JoAnn along with us. Inman Connect San Francisco is one of the most cutting-edge conferences in our industry focused on the convergence between real … Continue reading →

Posted in General, Real Estate Industry, Real Estate Industry | 22 Comments

Opening the Foreclosure Market

Posted on July 17, 2008 by Guy Johnson

Want completely free access to foreclosure listings nationwide? Try ForeclosurePoint.com. This site has various levels of membership ranging in cost, but the basic level gives you unlimited FREE access to foreclosure listings nationwide including: Full property street addresses Property details … Continue reading →

Posted in Foreclosures | Tagged , , | 9 Comments