Archive for December, 2008
Posted in December 30th, 2008
The Washoe County Assessor is required by statute to publish an Assessment List at the beginning of every new tax year, listing ownership and tax assessments for every parcel in the county. The list was published Monday, which is why the RGJ was such a fatty-boy when it hit your driveway.
Yeah, you can play public […]
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Posted in December 27th, 2008
RRB has something like 4000 unique readers each month at this point., yet the comments are dominated by 15 or 20 frequent posters. So this is an open invitation for our Lurkers to step into the spotlight and let your voices be heard.
Why do you read this blog? Are we providing compelling (or at least […]
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Posted in December 24th, 2008
First Centennial Title’s Market Condition Report for November has been sent to us. Click on the chart below to enlarge. The section of the report titled “The Big Picture” provides a nice synopsis of the data presented, so there’s really no need for me to recap.
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Posted in December 19th, 2008
Are you more of a "visual" person than a "text" person? Mint.com, a website and blog about personal money management, has a great graphical illustration showing the cause and effect of the housing and financial crisis. Check it out here. Fun stuff.
And if you liked that chart, then check out Mint.com’s graphical representation of who will […]
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Posted in December 18th, 2008
Unless you’re a professional foreclosure investor, on a company relocation package, too rich to care, or desperate to get away from a bad landlord situation with plans to live in a purchased property for the next 7-10 years, now may not be the best time to buy. This is hard to say as a Realtor, […]
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Posted in December 17th, 2008
The Ticor Title numbers for November have been released. This month the two charts have been combined into one .PDF file, therefore when you click on the chart below, be sure to see both pages.
As explained in the comments concerning last month’s (October’s) huge spike in NODs, this jump was an anomaly due to one […]
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Posted in December 16th, 2008
There has been an empirical increase the the number of NODs up at Incline Village and around the lake. 5 of the 9 resales last month were REOs or short sales (2 of the organic sales were over $4M - wow). Maybe it’s not so different up there after all.
I don’t know or track the […]
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Posted in December 15th, 2008
Mike’s post and the informative discussion that followed has been reposted on his own blog, Diggerdog, where you are free to continue the conversation without fear of censorship if you can find the link. As I sit here contemplating my implied gag order, fears about lawsuits and concerns about my own personal safety, please enjoy […]
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Posted in December 14th, 2008
Regarding the removal of the "Foreclosure Rage" post: Reno Realty Blog is currently in the process determining the extent of the blog’s liability when it comes to contributions and comments made on the blog. While we truly value the contributions made by our readers, we also need to consider the exposure to us related to […]
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Posted in December 11th, 2008
Sales in November 2008 were up 16% from the year prior. The under $300K saw its average price drop to a new low of $184,241. Activity in the $300K-500K range held steady on nearly all fronts. The $500K-1 million category faltered with 50% fewer sales and now features five full years of inventory. The $1-2 […]
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