Washoe County recordings for April

Resales up. Re-fis down. And new home sales holding steady. Click on the chart below to see the recordings for the month April.

Washoe County recordings for April

Thank you to our friends at Ticor Title for providing this data.

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About Guy Johnson

I am a licensed Nevada REALTOR® living and working in Reno, Nevada. Give me a call at 775-722-4011. My team and I will be happy to assist you with your real estate needs.
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7 Responses to Washoe County recordings for April

  1. Avatar skeptical says:

    In ’09, Mar to Apr resales jumped 15%
    In ’08 (an otherwise horrible year), Mar to Apr resales jumped 20%

    This year, with the expiration of a tax credit looming, which should affect most houses selling at/below median, the Mar to Apr “bump” was 4%.

    I can’t see how this can bode well.

    Jul-Aug stats will be the big tell.

  2. Avatar Sully says:

    May not have to wait until Aug if this article is any clue:

    http://www.bloomberg.com/apps/news?pid=20601087&sid=adSkz7WCGd0o&pos=5

  3. Avatar MikeZ says:

    [Guy] Resales up. Re-fis down. And new home sales holding steady.

    Hmm. Another month of stability.

  4. Avatar MikeZ says:

    Very interesting article Sully, but what’s the relation to Reno?

  5. Avatar Sully says:

    It may not have anything, yet it may have everything. Do you still think Reno is not immune to any of the things that happen in Las Vegas?

  6. Avatar Sully says:

    oops drop the not!

  7. Avatar MikeZ says:

    [Sully] Do you still think Reno is not immune to any of the things that happen in Las Vegas?

    Depends. Reno is certainly immune from the localized market effects pushing Las Vegas, but not immune from statewide and nationwide market influences such as the expired tax credit.

    The Metrostudy data deals only and specifically with Phoenix and Las Vegas and even then, only specific subdivisions within each, which implies (to me, your mileage may vary) that these are localized market effects at work.

    So the question to YOU is now: Do you think Las Vegas is experiencing localized market effects or wider influences, that will also drive Reno?

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