Tag Archives: realtytrac

Reno-Sparks leads nation in housing recovery

Reno-Sparks, Nevada was recently named by RealtyTrac as one of the nation’s “Top 20 Markets Leading the Real Estate Recovery”. Check out the RealtyTrac report here: RealtyTrac Housing Market Recovery Index Identifies Markets Leading and Lagging the Housing Recovery. According … Continue reading

Posted in News | Tagged , | 5 Comments

Nevada #1 in foreclosures for the 5th straight year

Despite Nevada’s foreclosures dropping 31 percent in 2011 compared to 2010, the state’s 6-plus percent foreclosure rate was the highest in the country for the fifth consecutive year. Nevada’s 1 in 16 foreclosure filing rate is more than four times … Continue reading

Posted in Foreclosures | Tagged | 9 Comments

Foreclosure property discounts

Yesterday’s Washington Post’s piece on RealtyTrac’s latest foreclosure numbers reported that bank-owned properties across the county sell on average at a 40 percent discount to the average price of non-REO’s.  Additionally, nationwide, foreclosure sales accounted for 31 percent of 2nd-quarter … Continue reading

Posted in Agent Insights, Foreclosures | Tagged | Leave a comment

The best and worst house markets in the country – which list did Reno make?

The answer may surprise you.  According to data provided by Fiserv Case Shiller Indexes, Reno, Nevada’s projected annual growth from 2011 to 2016 will be 9.3%.  In fact, Reno ranked 8th on the list of The Best Housing Markets For … Continue reading

Posted in Market Trends, News | Tagged , , | 9 Comments

Nevada’s foreclosure sales discount not as great as in other states

In yesterday’s post, 53 percent of Nevada’s residential sales are foreclosures, I noted that the average foreclosure sales price in Nevada was nearly 18 percent below the average sales price of homes not in foreclosure.  18 percent seemed to me … Continue reading

Posted in Foreclosures | Tagged , | 2 Comments

Reno ranks 11th in foreclosures and 8th in unemployment

RealtyTrac has released their latest foreclosure report for the first half of 2010.  According to the report foreclosure activity increased in three-quarters of 206 metro markets with populations of 200,000 or more during the first half of 2010 Of the … Continue reading

Posted in Foreclosures | Tagged , , | 7 Comments

RealtyTrac’s foreclosure rate heat map

Thanks to Reno Ignoramus for forwarding a link to RealtyTrac®’s Foreclosure Rate Heat Map for Washoe County.  The map shows the number of foreclosed homes by zip code.  Mouseover the areas to have pop-up stats like: “89506: 224 foreclosed properties … Continue reading

Posted in Foreclosures, Market Trends | Tagged , , | 31 Comments