Monthly Archives: January 2009

Memory Lane

Posted on January 19, 2009 by Mike McGonagle

How naive I was.  Cleaning up the computator, I ran across the first guest post I ever contributed here on RRB, Jaded in Wonderland.   It is worth another read  from June 2007- it is where "Jaded" was born and got … Continue reading →

Posted in General | 64 Comments

This Morning’s Somersett Auction

Posted on January 19, 2009 by Guy Johnson

I have just returned from a real estate auction this morning for a house in the Village at Somersett.  Despite the chilly morning the auction (held in the driveway of the property) drew a pretty good turnout.  I counted 26 … Continue reading →

Posted in Developments, Foreclosures, Market Trends, Neighborhoods | Tagged , | 32 Comments

Ticor Title Charts for December

Posted on January 16, 2009 by Guy Johnson

Thank you to our friends at Ticor Title for following recordings stats for December. December units were up over November’s across the board (re-sales, new home sales, and re-fi’s), with re-fi’s showing the largest gain.  No doubt spurred on by … Continue reading →

Posted in Market Trends | Tagged , , , , , , , , | 42 Comments

Market Condition Report from First Centennial Title

Posted on January 16, 2009 by Guy Johnson

From this month’s Market Condition Report: "All price indicators negative with continuing declines as was predicted.  Given elevated Month’s Supply [inventory], depressed Percent Selling and slow Market Speed, expect this price trend to continue." Enough said.      (click on the report … Continue reading →

Posted in Market Trends | Tagged , , , , | 1 Comment

Reno Sparks Residential Real Estate Market Update

Posted on January 13, 2009 by Diane Cohn

Sales in December 2008 were up 23% from the year prior. The under $300K range decreased its months’ supply of inventory by two months, as activity in the $300K-500K improved ever so slightly on most fronts. Mr. Toad’s Wild Ride … Continue reading →

Posted in Market Trends, Market Trends | Tagged , , | 46 Comments

Huge Foreclosure Auction Event

Posted on January 12, 2009 by Guy Johnson

In an effort to streamline the inefficiencies inherent in listing bank-owned properties with agents claiming to be REO specialists, banks are realizing that live auctions offer a much faster method of clearing their REO inventory.  One company providing auction marketing … Continue reading →

Posted in Foreclosures, News | Tagged , | 84 Comments

Friday Update, 9 January 2009

Posted on January 9, 2009 by Mike McGonagle

Guy is out of state at the Inman conference, Diane is too depressed to post, and the Lurkers said they enjoyed these more informal posts.  So you are stuck with me again for your weekend reading.  Feel free to go … Continue reading →

Posted in General | 35 Comments

Vanishing Credit

Posted on January 6, 2009 by Mike McGonagle

"As a responsible lender, we continually review the credit limits offered to our cardmembers…We understand circumstances change and the credit line on your business credit card may have exceeded your current business expense management needs." To serve my needs better, … Continue reading →

Posted in General | 40 Comments