Reno, NV, September 2, 2010: Nevada has been making the headlines lately if you are reading the statistics on employment, housing market and general gloom about the poor economy in the state. Local state election races are pointing fingers on either side of the political spectrum to identify who’s responsible for the current state dilemma. [...]
According to data from the Northern Nevada Regional Multiple Listing Service, short sales posted the highest number of sales for June. In sales of residential, stick-built homes in the Reno-Sparks area there were 575 sales in June. Of that 43.2% were short sales, 33.6% traditional sales and 23.3% were REO/bank owned sales. The median price [...]
Sales data just released from the Reno-Sparks Association for March 2010 was a real eye opener. Here are a couple of intrepreations of the data… For homes in price points under $400,000 it is a seller’s market. Overal in the Reno-Sparks market we have 2.8 months of inventory. The National Association of REALTORS categorizes a [...]
The Eighteenth Amendment to the Constitution ushered in a period of time known as “Prohibition”, during which the manufacture, distribution, and sale of alcoholic beverages was illegal. Fortunately, the 21st Amendment repealed that law! Join Reno Green Drinks at one of Reno’s favorite spots – Amendment 21, as we usher in our own era of [...]
The number of short sales closed in the Reno-Sparks area was just nine short of equaling the number of bank owned listings sold in the first quarter of 2010. According to data from the Northern Nevada Regional MLS, there were 449 short sales closed in the first quarter of 2010. There were 458 bank owned [...]
I have been reading a lot of the research about the effects of multi tasking… texting while in meetings, texting while talking on the phone, etc. None of the research is too promising but I found a great way to multi task today. I went to the new Fast Smog at the corner of MaeAnne [...]
While the real estate market continues to struggle, one local realtor managed to shine in 2009. Amy Shocket, REALTOR® with Dickson Realty, was recognized by both the Reno Sparks Association of REALTORS® and the Northern Nevada Women’s Council of REALTORS® this year. The Reno Sparks Association of Realtors (RSAR) presented Shocket with the Matt Gibbons Memorial Award [...]
Now may be the time to join the ranks of homeowners. Check out this article from the Wall Street Journal written by James B. Stewart.
Reno Artists will be opening their studios to the public in the first-ever Reno Open Studios tour. Twenty of Reno’s finest artists will open their studios and their stories to you. You will have the opportunity to go visit them on the first ever Reno Open Studio event. This event will be self-guided and self-paced. [...]
So, here we go into 2009, and a Happy New Year! I often receive calls from clients and friends, who quote statistics about the market that they read in the paper, saw on the news or –heaven forbid – Zillow. These numbers cover the broader market with no interpretation of market segments. So, let’s take [...]
Thursday, September 2, 2010
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