Reno-Sparks Foreclosure Home Sales Data (2nd Qtr. 2011)

November 12, 2011

Let’s take a look at the foreclosure data for the second quarter of 2011.  Boy, does time fly. The numbers you see in this post largely came from College of Business at UNR. Foreclosed Homes — 2nd Quarter 2011 Reno: 532 Sparks: 231 Incline Village: 12 Foreclosed Homes — 1st Quarter 2011 Reno:  465 Sparks:  […]

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Reno Condo Foreclosures

October 28, 2011

Sometimes I forget that homes are not the only ones being foreclosed on.  In the last two years there have been a quite a few condos that hit the Reno foreclosure market. Just look at GSR Condos on the market for $12,000.  I feel for the people who bought around 2007.  Prices, if I’m not […]

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Struggling NV Neighbor: Las Vegas Home and Condo Values Still Reeling

October 13, 2011

Las Vegas home values continue to falter but sales are inching up, well, perhaps more accurately, doing a lot better than years past: (Take note: this report was taken from Las Vegas Association of Realtors) “In a market still influenced by high foreclosure and unemployment rates, the Realtors said the median price of single-family homes […]

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Why Canadians are experiencing fewer foreclosures

September 29, 2011

Besides their glorious maple syrup, Gretzky, and salmon jerky; there’s something pleasantly brewing in our neighboring country — a solid real estate market.

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September 28, 2011

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Reno Foreclosure Market Report (updated)

September 13, 2011

A quick report on what’s happening in the Reno-Sparks foreclosure market.

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Has Homes Buyers Stopped Buying by Choice?

July 20, 2011

Are Home buyers sitting on the sideline more and more? I think so…as evidence increases that real estate has yet to hit bottom, home buyers in Reno take refuge in waiting.

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Foreclosures drop in the West as filing slows

July 13, 2011

In Nevada, notice of default filings were nearly flat in June and remain at the lowest level since ForeclosureRadar began tracking Nevada filings in August 2009. Notice of trustee sale filings fell 7.2% from the previous month to the lowest level in 15 months. Activity also slowed on the courthouse steps in June, with sales entering REO status down by 25%, and properties going to third parties off by 12.4% compared to May.

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Rental Market Is Thriving Amidst Real Estate Slump

July 6, 2011

I not only agree with this statement, I’ve seen it happen with my own eyes.  I blogged about this trend not too long ago as vacancy rates in Reno have been going down the past six quarters.  The rental market for residential homes is and going to be healthy for a while. Why? Bad credit, […]

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“April Boost in Home Prices” — S&P / Case Shiller Price Indices

June 29, 2011

Case-Shiller just released their latest housing report: “The 10 – and 20 – City composites were up .8% and .7% respectively, in April versus March.  Both indices are lower than a year ago; the 10-City Composite fell 3.1% and the 20-City Composite is down 4.0% from April 2010 levels.” Jonathan Miller (of the Matrix) is […]

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