Author Archives: Guy Johnson

Reno-Sparks’ lack of inventory in the news

KTVN Channel 2 News aired a piece on the market’s low level of inventory. Yours truly was asked to comment. And this blog got a mention. Check out the video below, or click on this link: Reno Real Estate: About … Continue reading

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Reno-Sparks affordability comparison

A recent 24/7 Wall St. story listed The Ten Most (and Least) Affordable Cities to Buy a Home. Using February’s numbers from Realtor.com‘s database of nationwide listings, 24/7 Wall St. calculated the median price per square foot across the 146 largest … Continue reading

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Washoe County insured recording statistics – March 2012

Below are Washoe County’s insured recording statistics for the month of March. Recording statistics are provided by our friends at Ticor Title. Click on the image below to enlarge… Resales saw a big increase in March – coming in nearly … Continue reading

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FCT’s Market Condition Report – March 2012

Below please find March’s Market Condition Report for the Northern Nevada area provided by our friends at First Centennial Title Company of Nevada. From the March report… The absorption rate declined by three weeks. While this is a step in … Continue reading

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How does Reno-Sparks’ inventory decline compare with that of the rest of the country?

Shrinking for-sale inventory is being felt in markets across the country. Nationwide, the number of for-sale listings was down 21 percent in March compared to a year ago, according to Realtor.com. In 146 metro areas tracked by Realtor.com, all but … Continue reading

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1st-quarter sales by price brand – various areas

Click on the icons below to access Q1 homes sales by price band for Reno-Sparks, South Lake Tahoe, Truckee, Carson Valley, and Incline Village. Stats provided by Chase International

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Average mortgage amount increases

In a report released yesterday by Capital Economics analysts reported that the average loan amount lenders issued to borrowers in the past three months grew by $20,000, suggesting an early sign that buyer confidence is improving across the country. See … Continue reading

Posted in Agent Insights, Lending | 1 Comment

Understanding your FICO score

Thank you to Lisa Fleck of Summit Funding for providing this informative piece explaining the components of one’s credit score and the impact of various activities on the FICO score. Click on the graphic to enlarge

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