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Tag Archive | "real estate news"

Washoe County in the eye of the hurricane

Monday, June 29, 2009

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Whew! Resale, residential real estate inventory is down all over town. In some price ranges and areas we are actually seeing some appreciation. Anyone looking for a nice, well priced home in the $100,000 - $200,000 range can tell you that. Many banks, brokers, buyers & sellers are starting to truly understand the short sale process and we’re seeing a much higher rate of closing. Foreclosure crisis over right? I think not! Read on...

National Housing Trend Update

Sunday, April 19, 2009

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Nationally, housing prices have been in free fall for two years. According to the Altos 10-city Composite Price Index, there are some fragile signs of stability, although the hardest hit markets such as Las Vegas in particular, has not seen any slowing in the housing bust. The Altos 10-City Composite Price Index increased by 1.1 percent [...]