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Monthly Archives: August 2010
Washoe County recordings – July 2010
New home sales plummeted over 54 percent in July compared to June. July’s 43 new home sales is the lowest number since February of this year. Resales also fell off considerably. July’s 599 sales were off nearly 27 percent compared … Continue reading
Posted in Market Trends
Tagged insured recordings, new home sales, re-fi, re-sales, refi, resales, ticor, Washoe County
5 Comments
New Construction Sales NW
So here it what is selling in the NW for new construction over the last 45 days, and some new stuff in the market: - Breckenridge has sold and closed on 4, all on Hogadon. 1472, $357,295, $150 psf. 1478, $271,254, … Continue reading
Posted in General
6 Comments
July median sold price, units, DOM, and $/sq.ft.
The number of houses sold in July fell 32 percent from June’s units sold. Seasonality factors and the end of the First-time Homebuyers Tax Credit contributed to the huge drop in sales. On the flipside the median sales price jumped … Continue reading
Posted in Agent Insights, Market Trends
Tagged bank owned, days on market, DOM, median price, price per square foot, Reno, Sparks, truckee meadows, units sold, washoe valley
80 Comments
Reno-Sparks personal income falls 6.3 percent
The RGJ reported this morning that average annual incomes in Washoe County fell $3,000 from 2008 to 2009. See Silver State’s incomes dive. Looking at the data supplied from the U.S. Bureau of Economic Analysis average incomes for the Reno-Sparks … Continue reading
Sparks ranks well with high-tech manufacturing
Sparks was named one of the most attractive up-and-coming small market cities for operating a high-tech manufacturing facility in the West, according to a national study by New Jersey-based, The Boyd Company, Inc. Sparks, Nevada was ranked 10th best among … Continue reading
A reader’s request for your opinion
I received the letter below from a reader of the blog. In the letter he describes the situation of a friend of his who is underwater on his home and is faced with the decision to “walk away”. He has … Continue reading
90 days later
It’s time again for a check of the pending sales snapshot taken from May 1st. [Note: see 30 days later and 60 days later for the history on this exercise] On May 1st I recorded 2,220 pending transactions. Today we … Continue reading
