Below please find Washoe County, Nevada’s insured recordings (resales, new home sales, and refinances) statistics for April provided by our friends at Ticor Title of Nevada, Inc.
Commentary from the report:
[Click on the chart below to enlarge.]
In April, 29% of the resale transactions in Washoe County were cash. Listings are scarce and multiple and contingent offers are still the norm. According to NNRMLS the Median Sales Price is $273,000.
All indices continue to increase — with the largest jump coming from re-finances. Re-fi’s jumped to a whopping 1,025 in April. We haven’t seen that many re-fi’s in one month since early 2013. April’s re-fi’s were up 3.2 percent over March’s re-fi’s; and up 113 percent year-over-year.
April resales jumped more than 37 percent over March’s resales; and are up over 22 percent year-over-year. As noted above, Ticor Title reports that nearly 29 percent of April resale transactions in Washoe County were cash purchases.
New home sales in April climbed to 103— representing a 17 percent increase over the 88 new homes sold in March; and a 35.5 percent increase year-over-year.
Below please find Washoe County, Nevada Notices of Default (NODs), Notices of Sale (NOSs), Trustees Deed Filings (TDs) and New SFR REO Listings statistics for April 2015 provided to us by our friends at Ticor Title of Nevada, Inc.[Click on the chart below to enlarge.]
Notices of Default (NODs) decreased more than 35 percent in April compared to March. However April’s Notices of Sale, Trustee Deeds (TDs) and new SFR REO listings were all up compared to March’s numbers.
Related post: Washoe County insured recordings statistics – March 2015