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Tag Archives: realtytrac
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
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
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
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
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
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






