Monthly Archives: May 2010

May NOD, NOS, TDs and Stuff

Posted on May 28, 2010 by Mike McGonagle

 NODs fell to 639 from 710 in April and 998 in March.  NOSs fell to 582 from 637 in April and 794 in March.  TDs fell to 327 from 348 in April and 284 in March.  When you factor in … Continue reading →

Posted in General | 66 Comments

If you bought at the peak in 2005…

Posted on May 23, 2010 by Guy Johnson

…you’ll have to wait until 2028 before your home will recoup its value.  …So reads the headline in this morning’s Reno Gazette-Journal. The calculation was based off of Reno’s historical rate of appreciation prior to the housing bubble.  This blog’s … Continue reading →

Posted in News | Tagged | 34 Comments

RSAR Monthly Market Talk report – April 2010

Posted on May 22, 2010 by Guy Johnson

The Monthly Market Talk report, produced by the Reno/Sparks Association of REALTORS®, has been released for the month of April. Click here for April’s Monthly Market Report. From April’s report… Median Sales Price April 2010 median price was up about … Continue reading →

Posted in Market Trends | Tagged , , , , | 3 Comments

Canyon Tales

Posted on May 21, 2010 by Mike McGonagle

Canyon Drive is the backbone of the Juniper Hills neighborhood in what the MLS is now calling the West Southwest.  It is "old Reno" – not necessarily the biggest money neighborhood, but the home of a lot of power Reno … Continue reading →

Posted in General | 17 Comments

Washoe County recordings for April

Posted on May 21, 2010 by Guy Johnson

Resales up. Re-fis down. And new home sales holding steady. Click on the chart below to see the recordings for the month April. Thank you to our friends at Ticor Title for providing this data.

Posted in Market Trends | Tagged , , , , , , , | 7 Comments

More than half of homes in Reno-Sparks underwater

Posted on May 18, 2010 by Guy Johnson

The national average for homes with negative equity is 24 percent.  In Reno-Sparks, that average is 56.3 percent.  Yes, more than half the homes in Reno-Sparks have negative equity.  And this number is expected to increase. See the RGJ story … Continue reading →

Posted in Market Trends, News | Tagged , | 141 Comments

Nevada one of the best states for business

Posted on May 17, 2010 by Guy Johnson

Nevada makes the top five in the in Chief Executive’s annual survey of the best and worst states for business.  Up from 6th place in 2009 From the report: "Bill Dormandy, CEO of San Francisco medical device maker ITC, summed … Continue reading →

Posted in News | Tagged | 35 Comments

Market Condition Report – April 2010

Posted on May 15, 2010 by Guy Johnson

Thank you to our friends at First Centennial Title for providing April’s Market Condition Report below. Click on the report below to view. From the Report: OVERVIEW: Closings increased again in April boosting Market Speed. Prices have firmed for both … Continue reading →

Posted in Market Trends | Tagged , , , , , | 52 Comments