Author Archives: Mike McGonagle

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About Mike McGonagle

An architect, business owner, and compulsive public records hacker, Mike reads the tea leaves of the local real estate market from a unique perspective.. A former Chicagoan, Mike earned his MArch from Harvard University. Mike can be reached at mike@macassociates.com or 775-345-7435. His continued musings can be found on the REreno.com blog.

Belvedere Liens

Disclaimer: I am neither an attorney nor a real estate professional. The information contained in this post is believed to be accurate, but should not be relied upon in reaching a decision to purchase a unit at the Belvedere. Consult … Continue reading

Posted in General | 9 Comments

Blue Tape

Remember when blue tape was only used for painting? In my mind, it is now forever linked to foreclosed home toilets! Here’s a few quick items from this week in real estate: – I’ve written about the Marmot group and … Continue reading

Posted in General | 9 Comments

Elk Ivory

Toll Bothers just listed their lots at 6200 and 6220 Elk Ivory for $55,000 each. They used to sell houses on this street for a million plus. Capitulation that they can not build ANYTHING that will meet the CCRs and … Continue reading

Posted in General | 24 Comments

Primadonna

The Primadonna Casino looks like it was a pretty colorful place (click to enlarge)! It was located on North Virginia, directly across the alley from what became the Fitz and now CommRow. when the Golden Phoenix took over, the facade … Continue reading

Posted in General | 10 Comments

Friday Final

– GSR – I was trolling Trustee’s Deeds this morning, and an odd one caught by eye. A unit at the GSR was bought by – get this – the GSR! It got me curious, so I pulled up the … Continue reading

Posted in General | 7 Comments

Openings

Maybe it’s not time to write off downtown Reno just yet. There are a lot of new business openings planned for the next couple of months. – Chocolate Bar – They have just opened up their new location downtown on … Continue reading

Posted in General | 17 Comments

A Day of Defaults

22 NODs were recorded in Washoe County today, sort of a “normal” day sadly. One was for a time share, the rest were all homes or condos. What I find interesting and disturbing is how long it has taken the … Continue reading

Posted in General | 66 Comments

Bank Holds

UNRs Center for Regional Studies used to publish a monthly report on Foreclosure Sales. You could compare this to the monthly foreclosures and sort of gauge the level of “shadow inventory” building up. Alas, budget cuts at UNR have curtailed … Continue reading

Posted in General | 4 Comments