Monthly Archives: August 2009

Longley / Double R

Posted on August 20, 2009 by Mike McGonagle

Longley Professional Campus is located at the corner of Longley and Double R.  It is planned to consist of 31 buildings on 14 acres.  So far, 20 (maybe 23, judging from the aerial photos, and I don’t think Buildings 21 and … Continue reading →

Posted in General | 3 Comments

RE: The Memo

Posted on August 18, 2009 by Mike McGonagle

77 NODs were recorded today and 73 have posted enough information that they can be tracked.  10 were HOA filings.  Of the 63 remaining, 16 were on properties that are seriously behind on their mortgages.  A NOD can be filed … Continue reading →

Posted in General | 30 Comments

We Mean It This Time – Really.

Posted on August 18, 2009 by Mike McGonagle

678 14th Green in Incline received it’s 6th NOS today.  Maybe this one will turn out to be the charm. The property was purchased in late 1997 for $382,000.  Then there are a bunch of Refis and HELOCs recorded, non of which … Continue reading →

Posted in General | 5 Comments

Lending standards to remain tight

Posted on August 18, 2009 by Guy Johnson

According to yesterday’s Bloomberg.com article, “U.S. banks tightened standards on all types of loans in the second quarter and said they expect to maintain strict criteria on lending until at least the second half of 2010.” About 35 percent of … Continue reading →

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Market Condition Report – July 2009

Posted on August 17, 2009 by Guy Johnson

Below find July’s Market Condition Report brought to us by our friends at First Centennial Title Company.  [click on the report to enlarge] From the report: SUPPLY (ON MARKET): Continues to hold very steady in the current range with little … Continue reading →

Posted in Market Trends | Tagged , , , , , | 11 Comments

A Giant Leap

Posted on August 12, 2009 by Guy Johnson

[Note: this is a guest post by the managing director of Mayfair, Chase International's London marketing office.] On the 40th Anniversary of the first moon landing Nick Churton in Chase International’s London marketing office reflects that the UK and US real … Continue reading →

Posted in General | Tagged , , | 18 Comments

Pine Cone / Palladio

Posted on August 11, 2009 by Mike McGonagle

The first NOD on a Palladio unit was filed today.  Unit 1005 was purchased in the first wave of closings 2 years ago for $323,280, with a $290,950 fixed 30 year loan.  There has been a lot of bad karma, … Continue reading →

Posted in General | 5 Comments

July’s units sold update; and other stuff

Posted on August 10, 2009 by Guy Johnson

Last week I posted July’s sales numbers for Reno and Sparks.  In that August 3rd post I conceded that it was probably a bit early to report the numbers, as agents continue to enter their sales data into our MLS … Continue reading →

Posted in News | Tagged , , | 29 Comments