Monthly Archives: April 2011

April 2011 (updated)

Posted on April 29, 2011 by Mike McGonagle

First the foreclosure update for April.  462 NODs were filed, down from 544 in March and 470 in February.  This is the lowest number of  new default filings since February 2008.  514 NOSs were filed, down from 611 in March … Continue reading →

Posted in General | 6 Comments

Less expensive to buy than to rent

Posted on April 28, 2011 by Guy Johnson

Real estate search engine website, Trulia, has just released their Rent vs. Buy Index for Q2 2011 for the Nation’s 50 largest cities.  According to the report it is cheaper to buy a home than to rent one in 39 … Continue reading →

Posted in News | Tagged , | 9 Comments

Reno-Sparks’ days on market

Posted on April 28, 2011 by Guy Johnson

I caught this piece in the latest issue of REALTOR® Mag: 11 Cities Where Homes Sell the Fastest.  The article listed those cities where the median days on market for recent sold homes was the lowest.  The city where houses … Continue reading →

Posted in General | Tagged | 2 Comments

Case-Shiller indices within a hair’s breadth of a double dip

Posted on April 26, 2011 by Guy Johnson

Case-Shiller’s latest (February) home price indices have been released and the news isn’t necessarily good.   Both the 10-City and 20-City Composites were down year over year (-2.6% and -3.3%, respectively) as well as month over month (-1.1%).  Ten of … Continue reading →

Posted in Market Trends | Tagged | 10 Comments

RSAR Monthly Market Reports – March 2011

Posted on April 25, 2011 by Guy Johnson

The Reno/Sparks Association of REALTORS® has published the Market Reports for March 2011.  You may access these .pdf reports here: Reno/Sparks Market Report March 2011 Fernley Market Report March 2011 From the Reno/Sparks Market Report… Homes at the current median … Continue reading →

Posted in Market Trends | Tagged | Leave a comment

Incredible Hulks

Posted on April 19, 2011 by Mike McGonagle

This is 5050 Bella at Belsera, which you know well if you drive on West McCarran.  It hit the market this week for $203,500, and its sister at 5320 Bellazza listed for $209,000.  From both MLS listings – "Open floor … Continue reading →

Posted in General | 13 Comments

Washoe County Insured Recording Statistics – March 2011

Posted on April 18, 2011 by Guy Johnson

March saw a BIG spike in the number of home sales (resales) in Washoe County.  March’s 706 sales represent a 31 percent increase over February’s sales.  In fact, Washoe County has not seen a number this high since June last … Continue reading →

Posted in Market Trends | Tagged , , | 7 Comments

Fannie Mae offers 3.5 percent in closing credits to buyers

Posted on April 17, 2011 by Guy Johnson

Fannie Mae is offering a special offer to buyers of its HomePath® properties (Fannie Mae foreclosures).  Buyers who close on a HomePath® property by June 30th can receive up to 3.5 percent of the sales price to be credited toward … Continue reading →

Posted in Foreclosures, News | Tagged , , | 7 Comments