Monthly Archives: April 2009

RSAR releases inaugural Monthly Market Report

Posted on April 30, 2009 by Guy Johnson

The link below will take you to the first installment of a new monthly Market Report created by the Reno/Sparks Association of REALTORS, Inc.  The report is sent to member agents and brokers, and agents are encouraged to use this … Continue reading →

Posted in Market Trends | Tagged , , , , | 68 Comments

$65,000,000 in NODs Friday

Posted on April 27, 2009 by Mike McGonagle

Keep in mind that these NODs are based on the original (or modified) construction deeds of trust, and may not represent the actually amount of the default.  Still, an impressive catch for one afternoon. -  Caviata Attached Homes $27,476,632.  Weird … Continue reading →

Posted in General | 31 Comments

New Search Options

Posted on April 27, 2009 by Mike McGonagle

The Washoe County Assessor went live with a new search option today.   It is now possible to search their data base by the owner’s name, and will bring up all properties owned by the party.   This is a huge time … Continue reading →

Posted in General | 5 Comments

40 Months Mortgage Free

Posted on April 26, 2009 by Mike McGonagle

Tuscany Circle is a little cluster development built in 2000 or so.  It contains 12 homes on 3000 SF lots, off Summit Ridge on the way up to the old Super K-Mart from 4th Street.  The lots are tight, but … Continue reading →

Posted in General | 5 Comments

Short Selling My House

Posted on April 22, 2009 by Diane Cohn

So our move to the Bay Area is back on due to the hubby’s new job. Since we owe more than the home is worth, we will attempt a short sale. Leslie Henderson, short sale expert, is our listing agent … Continue reading →

Posted in Properties, Reno, Somersett | Tagged , , | 57 Comments

Ticor Title REO tips

Posted on April 21, 2009 by Guy Johnson

Lately, our friends at Ticor Title have been sending tips to the Realtor community to assist agents in navigating the REO waters.  Ticor refers to these informative emails as “Tips of the Week”.  I’ve been collecting them and thought I’d … Continue reading →

Posted in Foreclosures, Strategy | Tagged , | 2 Comments

Market Condition Report – March 2009

Posted on April 20, 2009 by Guy Johnson

Below is the Market Condition Report for March provided to us by our friends at First Centennial Title. Noteable points from March’s report: median sale price has dropped below $200K for SFR median sale price has dropped below $100K for … Continue reading →

Posted in Market Trends | Tagged | 8 Comments

Go to Bongo Congo

Posted on April 19, 2009 by Mike McGonagle

My very first house was featured in the San Francisco Chronicle today.  104 Congo Street  was a 725 SF 1904 earthquake shack located at the back of a 25′ x 100′ lot in the Sunnyside.  By the time I bought it for $264,000 … Continue reading →

Posted in General | 6 Comments