Monthly Archives: August 2010

August Wrap Up

Posted on August 31, 2010 by Mike McGonagle

NODs and TDs stayed virtually flat this month, while NOSs declined.  August saw 682 NODs up slightly from 674 in July.  NOSs came in at 519, down sharply from 573 in July and to their lowest level since February 2010, but corresponding to the … Continue reading →

Posted in General | 15 Comments

RSAR Monthly Market Talk reports – July 2010

Posted on August 28, 2010 by Guy Johnson

I’m a bit tardy on posting these, but for those readers who follow the Reno/Sparks Association of REALTORS® Monthly Market reports below are links for July’s reports. Click here for July 2010’s Reno Monthly Market Report Click here for July … Continue reading →

Posted in General | Tagged , , , , , | 58 Comments

Montreux and ArrowCreek resale market – a snapshot

Posted on August 26, 2010 by Guy Johnson

I received an email yesterday from a colleague at Chase International.  This agent had been taking a look at the re-sale markets in Montreux and ArrowCreek, and thought I might be interested in her findings.  I was, and asked if … Continue reading →

Posted in Agent Insights, Montreux | Tagged , | 62 Comments

The $43,932.63 OOPs

Posted on August 25, 2010 by Mike McGonagle

9232 Lone Wolf is a modest house located in the Villas @ Sky Vista subdivision in Stead.  It was purchased new in July 2004 for $190,947 (median was $304,300 that month).  The first loan was a 30 year fixed for … Continue reading →

Posted in Foreclosures, General | 20 Comments

Fifth-year anniversary of the peak

Posted on August 23, 2010 by Guy Johnson

I was reminded recently that this month marks the fifth anniversary of the height of the Reno-Sparks housing market.  Five years ago the median sold price for houses in Reno-Sparks peaked at $360,500 (August, 2005).  Today’s median sold price of … Continue reading →

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

August Odds and Ends

Posted on August 21, 2010 by Mike McGonagle

WooHoo – Dickson has taken over the Somersett Welcome Center sales office, and Somersett Development Company sheds more staff.  The HOA is already getting huffy about a commercial use in "their" building.  The Village Center retail and office complex was … Continue reading →

Posted in General | 18 Comments

Market Condition Report – July 2010

Posted on August 19, 2010 by Guy Johnson

Below find First Centennial Title’s Market Condition Report for the month of July. MARKET OVERVIEW: No significant change in market key measures from last month. The market is showing very slight signs of weakening from the perspective of the seller … Continue reading →

Posted in Market Trends | Tagged , , , , , | 4 Comments

Reno didn’t make Moody’s list

Posted on August 18, 2010 by Guy Johnson

It’s refreshing to see Reno, Nevada NOT on a list of dire economic news.  A new report from Moody’s Economy.com singled out 22 cities that are at risk of slipping back into a recession in as early as three months. … Continue reading →

Posted in News | Tagged , | 8 Comments