Monthly Archives: July 2008

Market Condition Report from First Centennial Title

Posted on July 16, 2008 by Guy Johnson

Lots of good stuff in this month’s Market Condition Report from First Centennial Title.  Take a look by clicking on the chart below. Some highlights from this month’s report: In last month’s report, the YTD market lagged the previous year … Continue reading →

Posted in Market Trends, Reno | Tagged , , | 17 Comments

2008 Mid-Year Price Banding Charts

Posted on July 15, 2008 by Guy Johnson

Last week I posted the 2008 Mid-Year Review compiled and released by our broker, Chase International.  This week our broker released the 2008 Mid-Year Price Banding charts.  These can be accessed through the link below. (Click on the chart to enlarge.)  … Continue reading →

Posted in Market Trends, Reno | Tagged , , | 2 Comments

2008 Parade of Homes Cancelled

Posted on July 14, 2008 by Diane Cohn

I received an email today announcing that the Northern Nevada Builders Association had decided to cancel the 2008 Parade of Homes. Personally, given the state of the high-end market, I think it’s a wise choice: "After careful consideration, the Sales … Continue reading →

Posted in News | Tagged , , , , , | 15 Comments

More Credit Mess, Foreclosures Going Down & Stuff

Posted on July 10, 2008 by Diane Cohn

Credit markets are still a mess, they aren’t showing much sign of improvement, and the Fed seems to be running out of cards. Noah Rosenblatt over at Urban Digs analyzes the current state of affairs on Wall Street. If I … Continue reading →

Posted in Foreclosures, General, Lending, News | Tagged , , , , | 38 Comments

June Median Prices and Units Sold

Posted on July 9, 2008 by Guy Johnson

Well…at least June’s median sold price drop was not as dramatic as May’s, but we’re still looking at a new low… $254,000.  On the plus side, units sold for June was way up.  With 387 residential properties sold in June, that’s an … Continue reading →

Posted in Market Trends | 18 Comments

Reno Sparks Real Estate Market Update

Posted on July 8, 2008 by Diane Cohn

Sales in June 2008 were actually up 2% from the year prior. Activity in the under $300K range improved again as it worked its way down to nine months of inventory. The $300K-500K range gained some ground, declining to 11 … Continue reading →

Posted in Market Trends, Market Trends, Reno, Sparks | Tagged , , , , | 26 Comments

What’s Going On With Lenders?

Posted on July 7, 2008 by JoAnn Corriera

I had a call several days ago from someone who wants to sell a home. After asking several questions I set up an appointment to go out and do my thing. In preparing the comparative market analysis I found that … Continue reading →

Posted in General | Tagged , , , , | 11 Comments

Mid Year Review for Reno, Carson, Tahoe, Truckee

Posted on July 6, 2008 by Guy Johnson

Our broker, Chase International, has just released the Mid Year Stats for the housing markets in Reno-Sparks, the Carson Valley and various points around Lake Tahoe (click on the .PDFs below).       This Mid Year Review captures sales from January … Continue reading →

Posted in Market Trends | Tagged , , , , , | 11 Comments