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Monthly Archives: January 2010
Loan mod runaround
If you enjoyed Diane’s post about the difficulties she encountered in trying to get her lender to approve a short sale offer on her property (see Short Sale FAIL), then you may find this account (from the front page of … Continue reading
Montage for $200, Alex
What is going on at the Montage? Their website hasn’t been updated, there hasn’t been a lick of marketing from the new owners, no one seems to know what the new pricing structure (if any) is going to be, and … Continue reading
Posted in General
36 Comments
First-time homebuyers IRS publication
The IRS has published an informational hand-out on the first-time homebuyers credit. This doc states the qualifications and timelines in an easy-to-understand piece. Check it out here: Important Information About The First-Time Homebuyer Credit
FHA announces lending policy changes
The Federal Housing Administration (FHA) has announced a set of policy changes to strengthen its capital reserves and manage its risk. The FHA’s proposals includes: increase the mortgage insurance premium (MIP) update the combination of FICO scores and down payments … Continue reading
Somersett Ltd.
Somersett Development Company Ltd (SDC) is the master developer of the Somersett project. They took the project through the entitlements and approvals process, constructed the infrastructure and site improvements, then sold off major portions of the finished lots to … Continue reading
Posted in General
50 Comments
2009 sales by MLS area
Compiling the information below is something I’ve been planning on doing myself, but have not yet found the time to do so. So I was very pleased when during our last office meeting our managing broker distributed the data below. … Continue reading
Posted in Agent Insights, Market Trends
Tagged bank owned, home sales, mls area, Reno, short sale, Sparks
1 Comment
Ticor Title recordings for December
Thank you to our friends at Ticor Title for the Washoe County resale, refinance, and new home sales recordings for the month of December. Compared to November’s numbers, December refis remained unchanged at 536. Resales fell 7 percent to 582; … Continue reading
Posted in General, Market Trends
Tagged insured recordings, new home sales, re-fi, refi, resales, ticor, Washoe County
20 Comments
Readers predictions for December 2010’s median
Last month I asked readers to predict what they thought the median sold home price for the Reno Sparks area would be at the end of 2010. See Let’s hear your predictions for next year. I have compiled the predictions … Continue reading
