Category Archives: Reno

Just Your Average House

Posted on May 10, 2009 by Mike McGonagle

The Center for Regional Studies just (finally) released their March 2009 and Q1 numbers.  The median cost of a new single family home in Reno was $133/SF, and the median cost of a resale home was $115/SF ($404/SF in Incline, … Continue reading →

Posted in Developments, Foreclosures, General, Oops, Somersett | 22 Comments

Short Selling My House

Posted on April 22, 2009 by Diane Cohn

So our move to the Bay Area is back on due to the hubby’s new job. Since we owe more than the home is worth, we will attempt a short sale. Leslie Henderson, short sale expert, is our listing agent … Continue reading →

Posted in Properties, Reno, Somersett | Tagged , , | 57 Comments

Summary of Foreclosure Activity, Residential Resale and Builder Sales for Washoe County (2006-2009)

Posted on April 9, 2009 by JoAnn Corriera

March 2009 NOD’s have reached their highest number during the last three years and with more coming down the pipeline they are expected to escalate. How will they be dealt with? Trustee’s Deeds are running at a similar pace. March … Continue reading →

Posted in Agent Insights, General, Market Trends, Reno | Tagged , , , | 16 Comments

Reno Sparks Residential Market Update

Posted on April 8, 2009 by Diane Cohn

In March, prices changed little as unit sales again rose. Months’ supply of inventory decreased in every category except over $1 million, which jumped from four years to five. Waiting for the higher-end market to capitulate is like waiting for … Continue reading →

Posted in Market Trends, Market Trends, Reno, Sparks | Tagged , , , , | 5 Comments

Reno Sparks Residential Market Update

Posted on March 18, 2009 by Diane Cohn

In February, prices were down again in every range, while unit sales increased from January and year-over-year. In comparing this month’s chart with last month’s, it appears as though some of the above $200K inventory shifted down into the under … Continue reading →

Posted in Market Trends, Market Trends, Reno, Sparks | Tagged , , , , | 12 Comments

Overall Sales Market Report for Washoe County – Feb. 2009 vs Feb. 2008

Posted on March 9, 2009 by JoAnn Corriera

 We have all watched as our market continued to go down but the comparison reports below allows you to actually see the results of one year in the down market.   The short sales closings have increased our resale’s but with … Continue reading →

Posted in Agent Insights, General, Market Trends, Real Estate Industry, Reno | Tagged , , , , , | 1 Comment

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

Reno Sparks Residential Market Update

Posted on February 22, 2009 by Diane Cohn

Welcome to my newly simplified monthly sales report by price band. I hope you find this format more useful. Since prices have come down so significantly since I started tracking local housing numbers in 2005, revised price bands reflect our … Continue reading →

Posted in Market Trends, Market Trends, Reno, Sparks | Tagged , , | 13 Comments