Category Archives: Neighborhoods

Downtown Reno area added to IDX property search functionality

Posted on January 8, 2010 by Guy Johnson

Last year a new MLS area was created (Area 116 – “Reno-Downtown Core”) by the RSAR – see Reno MLS area changes. Unfortunately, this new area was never added to the search choices provided by the IDX service employed by … Continue reading →

Posted in Downtown Reno, Neighborhoods, Properties | Tagged , | 7 Comments

High-price homes struggling during economic downturn

Posted on July 21, 2009 by Guy Johnson

As Mike indicated in his last post, I was indeed in Iowa.  Presently stuck at the Salt Lake City International Airport.  Delayed Delta flight from Minneapolis caused me to miss my Delta connecting flight by five minutes…but that’s another story. … Continue reading →

Posted in Market Trends, Neighborhoods | Tagged , , , | 35 Comments

Incline Village tops Forbes’ list of most troubled luxury neighborhoods

Posted on July 7, 2009 by Guy Johnson

The latest edition of Forbes magazine ranks the nation’s wealthiest zip codes expected to experience the largest decline in house values this year. According to the article some zip codes are on track to fall 15% to 25%.  The top … Continue reading →

Posted in Market Trends, Neighborhoods, News | Tagged | 42 Comments

Reno MLS Area changes

Posted on May 15, 2009 by Guy Johnson

Last month the Reno/Sparks Association of REALTORS® implemented a few changes to Reno’s MLS Areas. These changes included: a new area was created (Area 116 – “Reno-Downtown Core”) some existing areas were renamed (i.e. Area 122 – “Reno-Somersett” has been … Continue reading →

Posted in Downtown Reno, Neighborhoods, News | Tagged , | 5 Comments

Somersett Trail Map Complete

Posted on March 5, 2009 by Guy Johnson

Longtime readers will remember when I posted a few pictures of the Trailheads around Somersett.  I’m happy to report that the new trail has been completed and we happen to have an electronic version of it below.  Simply click on the … Continue reading →

Posted in Developments, Neighborhoods, Somersett | Tagged , | 1 Comment

This Morning’s Somersett Auction

Posted on January 19, 2009 by Guy Johnson

I have just returned from a real estate auction this morning for a house in the Village at Somersett.  Despite the chilly morning the auction (held in the driveway of the property) drew a pretty good turnout.  I counted 26 … Continue reading →

Posted in Developments, Foreclosures, Market Trends, Neighborhoods | Tagged , | 32 Comments

Option ARM Recasts are Here, Honey

Posted on October 15, 2008 by Mike McGonagle

There were only three Notice of Sales published in the RGJ Monday.  All three appear to be Option ARM loans that have reached their maximum 110% of the original loan amount.  Where these properties are and the amount of the defaults are … Continue reading →

Posted in General, Market Trends, Neighborhoods | 12 Comments

MLS Areas By Percent Decline in Median Home Price

Posted on September 25, 2008 by Guy Johnson

From my monthly median sold price table we know that Reno-Sparks home prices are now more then 30% off their peak reached in July 2005.  But this number is for all Reno and Sparks.  What are the declines by MLS … Continue reading →

Posted in Market Trends, Neighborhoods, Reno, Sparks | Leave a comment