Monthly Archives: March 2010

HAFA changes

Posted on March 20, 2010 by Guy Johnson

On March 12, 2010, the Treasury Department posted Frequently Asked Questions (FAQs) and two revised forms for the Home Affordable Foreclosure Alternatives Program (HAFA). HAFA takes effect on April 5, 2010, but servicers may implement early. If you are interested … Continue reading →

Posted in Foreclosures, News | Tagged , , | 1 Comment

Market Condition Report – February 2010

Posted on March 19, 2010 by Guy Johnson

February’s Reno-Sparks Market Condition Report provided by our friends at First Centennial Title has arrived.  Click on the report below to enlarge. From the report: OVERVIEW: Market is little changed from February with all measures barely moving from the same … Continue reading →

Posted in General | Tagged , , , , , | 85 Comments

What to look for in a green home

Posted on March 18, 2010 by Guy Johnson

The following is a guest article by blog reader, Misty Weaver.  Misty Weaver is a partner with 5 Elements Design, a residential design firm that provides stock house plans and custom small house plans that are sustainable and family friendly. … Continue reading →

Posted in General | Tagged , | 6 Comments

First-time homebuyer blog posts

Posted on March 17, 2010 by Guy Johnson

A reader of the blog sent the following link to a compilation of blog posts directed to first-time homebuyers, and asked that I pass it along. The web page, titled The First-Time Home Buyer Guide: 100 Must-Read Blog Posts, looks … Continue reading →

Posted in General, Strategy | Tagged | 35 Comments

Ticor Title market stats – February

Posted on March 17, 2010 by Guy Johnson

Below are the latest market stats provided by our friends at Ticor Title.  February numbers show new homes sales hitting a new low – just 31 sales for the month.  Re-fis also fell; dropping fifteen percent from January’s re-fis. On … Continue reading →

Posted in Market Trends | Tagged , , , , , , , | Leave a comment

Commercial, and 2 Scoops

Posted on March 14, 2010 by Mike McGonagle

This post was going to be just a bunch of quick-takes on some commercial and retail NODs, along with a couple of oddities.  Then a couple of big foreclosure stories broke this week, so I’ll include those, too.  -  Armageddon … Continue reading →

Posted in General | 23 Comments

February 2010 “Equity Sales”

Posted on March 9, 2010 by Mike McGonagle

Guy’s February sales report showed "equity sales" representing 26% of all sales.  An equity sale is defined as basically not a short sale or REO.  It includes sellers who actually have equity in their properties, or those who bring cash … Continue reading →

Posted in General | 215 Comments

February median sold price, units, DOM, and $/sq.ft.

Posted on March 7, 2010 by Guy Johnson

February’s median sold price rose to $171,500 after plunging five percent in January to $167,000.  Similarly, February’s sold price per square foot also came back from January’s plunge – rising to $101.42 from January’s record low $97.06. The number of … Continue reading →

Posted in Agent Insights, Market Trends | Tagged , , , , , , , , , | 51 Comments