Monthly Archives: October 2008

Asbestos Exposure and Remodeling

As more homeowners are electing to stay in their present homes rather than trying to sell in this challenging market and buy new, many are considering remodeling projects at home.  If you are planning to remodel an older the home … Continue reading

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Montreux Sales Update

Last year Diane posted historical sales figures for Montreux (see Montreux Sales History).  She updated those numbers in January of this year (see Montreux Sales Update). Recently a reader asked that we update the numbers to include 2008 sales to … Continue reading

Posted in Agent Insights, Developments, Market Trends | Tagged , | 20 Comments

Market Condition Report from First Centennial Title

Here is the latest Market Condition Report from our friends at First Centennial Title.  Overall, not a big change from last month’s report.  The Number of Solds for the month; Expireds; Percent Selling; and Months Supply of Inventory all look … Continue reading

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Bill, Pete and Jr. Jesus

Bill on the right, Jr. Jesus on the left.  Pete is Bill’s dog (female – go figure) and she’s laying on her back basking in the sun just out of camera range.  She’s done taunting Jack (Mr.Goober Eyes) for a … Continue reading

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Overall September Sales Market Report for Washoe County

 August remains to be the most productive month for the third quarter of 2008.  The month of September truly shows that downward trend with closings of 380 vs. 622 from the previous month.  I find it very interesting that 87% … Continue reading

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Option ARM Recasts are Here, Honey

There were only three Notice of Sales published in the RGJ Monday.  All three appear to be Option ARM loans that have reached their maximum 110% of the original loan amount.  Where these properties are and the amount of the defaults are … Continue reading

Posted in General, Market Trends, Neighborhoods | 12 Comments

The $5,270,503.38 NOS

  Even Big Dogs feel the hurt.  4045 Old Highway US 395  just got served with the largest Notice of Sale that I have ever seen on a single family (ish) residence in this area.  25 acres with options for … Continue reading

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Ticor Title Charts for September

Washoe County Notices of Default remained relatively flat for September.  Very high still (422 for the month); but stable nonetheless. A ceiling of 400 – 450 per month seems to have been set (as observed for the last eight months). … Continue reading

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