Market Reports

Reno/Sparks To Be A Top 15 Housing Market

The Business Insider came out with their top 15 housing markets for the next five years. You can read the article here… The Best 15 Housing Markets For The Next Five Years Expected gains are to be 8.1% over those five years. I’m a little surprised Reno/Sparks was included. Not due to the market condition […]

When Will There Be More Homes For Sale?

Shadow inventory is the discussion being had in all real estate offices and mortgage data companies. If you’ve been trying to buy a house or sell one as a traditional sale you know the market conditions. A house goes on the market and is pending in 3 days. Many times for more than the listed […]

When Is The Wave Of Foreclosures Coming?

Shadow inventory continues to loom over the Reno/Sparks real estate market as AB 284 wears thin with banks. Banks are starting to figure out how to to get through the “personal knowledge” part of the bill and defaults are starting to rise. Ticor Title foreclosure statistics (picture below) show that the notice of defaults, notice […]

Reno/Sparks Foreclosure Stats September 2012

Ticor Title Company published the September foreclosure stats for Washoe County. Notice of defaults, notice of sales, trustee sale purchases, and new REO listings were down from last month. Only 37 REOs were put on the market in September which is pretty worrisome for buyers as it the lowest total in 2 years and will […]

Are home owners still defaulting?

LPS came out with their July stats for loan delinquencies.. Article here. There’s some good information but I’ll just highlight the biggies. Link to the actual data at the bottom. Here are the stats… US loan delinquency rate at 7.03% Month-over-month decline by 1.06% Year-over-year decline by 11% Foreclosure starts at 186,000 with foreclosure sales/liquidation […]

Reno Real Estate Stats for June 2012 (Updated with Video)

Below is the video explanation of the Reno/Sparks Market Stats for June 2012. For a copy of the stats and quick summary click here.   https://www.reno-realty.com/ Ei5aaA34v-A” height=”360″ width=”640″ frameborder=”0″> For more information on the Reno real estate market or to get your questions answered contact Kristopher at (775) 870-4280 or Kris@Reno-Realty.com