Monthly Archives: March 2009

FORECLOSURES PLUMMET!

Posted on March 31, 2009 by Mike McGonagle

You are going to have to wait about three weeks to see this banner headline in the RGJ.  It takes that long for  the Center for Regional Studies to compile and release their monthly reports.  There will be a few quotes from Brian Kaiser … Continue reading →

Posted in General | 23 Comments

4% of agents have left the building

Posted on March 31, 2009 by Guy Johnson

Washoe County lost 118 real estate licensees during the first quarter of 2009. This represents a 4.1% decrease in the number of active agents since December 2008.  Statewide saw a 3.5% reduction in active licensees. 21 (0.7%) allowed their licenses … Continue reading →

Posted in Agent Insights, Market Trends, Real Estate Industry | Tagged , , | 5 Comments

Splits

Posted on March 30, 2009 by Mike McGonagle

Interesting things can happen when the lenders let the spread between the first and second mortgages get too large.  If things go bad and into default, who steps up at the Trustee’s Sale?  And is it an opportunity for the … Continue reading →

Posted in Foreclosures, General | 11 Comments

The Case for Inflation, Deflation & Hyperinflation

Posted on March 30, 2009 by Diane Cohn

The economic discussion under my last post segues nicely into this next read. This is especially for Bantering Bear, who so far has not seen a good case for hyperinflation and doesn’t think the current crises will go that far. … Continue reading →

Posted in News | Tagged , , , , , | 17 Comments

We, The American People, Have Been Robbed

Posted on March 26, 2009 by Diane Cohn

People, your taxpayer dollars continue to bail out banks and friends of banks run by the very same multi-millionaire, ivy-league good ole boys who drove the United States of America off the economic precipice. How long can these corporate behemoths … Continue reading →

Posted in News | Tagged , , , , , | 81 Comments

Guy Johnson Trains Local Realtors to Use Internet Tools

Posted on March 25, 2009 by Diane Cohn

Time out for kudos. Recently our very own Guy received a nice write-up in the Lake Tahoe Review. Although the first third is about what our broker has done with social networking, Guy carries the rest of the story with … Continue reading →

Posted in General, Real Estate Industry, Real Estate Industry, Tech Tools | Tagged , , , , , | 13 Comments

The Auction is coming to town again

Posted on March 24, 2009 by Guy Johnson

The REDC auction is coming to town again.  This is the same auction event I reported on in January’s Huge Foreclosure Auction Event post.  At January’s auction approximately 350 bank-owned properties throughout Nevada (mainly in Clark and Washoe counties) were … Continue reading →

Posted in Foreclosures, Market Trends | Tagged , | 6 Comments

Canaries in the Coal Mine

Posted on March 23, 2009 by Diane Cohn

Or, for the more morbidly minded, perhaps I should title this post Diane’s Depression Reading. (Now who’s become the hostile pessimist? Bwaa-aa-aaaa…) Brand it what you will, the Great Depression took four long years to progress from the Crash of … Continue reading →

Posted in Market Trends, Market Trends, News, Strategy | Tagged , , , , , , | 38 Comments