Monthly Archives: September 2008

Foreclosures Dogs and Squirrels

Posted on September 30, 2008 by Mike McGonagle

Another month, and more records on the Washoe County foreclosure front.  291 Trustee’s Deeds, up from 288 in August and 280 in July.  398 Notices of Sale, up slightly from 396 in August, but still down from the anomalous 481 … Continue reading →

Posted in Foreclosures, General | 1 Comment

“1929 was for pussies…”

Posted on September 29, 2008 by Diane Cohn

Or so said Jon Stewart this evening during his commentary on what I like to call Behemoth Black Monday. Surprisingly, today the House of Representatives failed to pass the biggest bailout in US history. Perhaps because a large percentage of … Continue reading →

Posted in Agent Insights, General, News | Tagged , , , | 55 Comments

MLS Areas By Percent Decline in Median Home Price

Posted on September 25, 2008 by Guy Johnson

From my monthly median sold price table we know that Reno-Sparks home prices are now more then 30% off their peak reached in July 2005.  But this number is for all Reno and Sparks.  What are the declines by MLS … Continue reading →

Posted in Market Trends, Neighborhoods, Reno, Sparks | Leave a comment

NAR’s Market Outlook Podcast

Posted on September 24, 2008 by Guy Johnson

For all the fans of NAR Chief Economist Lawrence Yun and NAR President Dick Gaylord I thought I’d embed a link of a podcast released today on the National Association of REALTORs’  website.   In this edition of the President’s Podcast, … Continue reading →

Posted in Real Estate Industry | Tagged , , | 8 Comments

Reno’s Rental Marketplace

Posted on September 24, 2008 by Guy Johnson

I am sometimes asked about the state of the rental/apartment market here in Reno.  Unfortunately I do not track the rental market that closely.  However I do keep an eye out for the occasional article or report addressing the subject … Continue reading →

Posted in Developments, Properties, Reno | Tagged , , , , | 7 Comments

Blogger Meet-up

Posted on September 22, 2008 by Guy Johnson

Mark your calendars for our 2nd annual Blogger Meet-up.  The staff here at Reno Realty Blog cordially invite our readership to an informal get-together to be held Wednesday, October 1st from 5PM to 8PM.  Whether you actively comment on our … Continue reading →

Posted in News | Tagged | 2 Comments

The Investors Club

Posted on September 19, 2008 by Mike McGonagle

Do you think you can buy a house that sold new in March 2006 for $627,166 for $236,000?  It happened today on 8648 18th Hole Trail in our favorite golf and lifestyle community.  Very few people have the fortitude, luck, or … Continue reading →

Posted in Foreclosures, General, Lending, Oops | 29 Comments

Why WaMu Must Die

Posted on September 18, 2008 by Mike McGonagle

The new listing at 8695 Tom Kite looked like just another Somersett owner getting serious about today’s real estate market.  The home was purchased in October 2005 for $842,306, has probably seen another $100,000 in landscape work, and is listed at … Continue reading →

Posted in Developments, General, Lending, Somersett | 54 Comments