NODs and Re-Fi's in Washoe County, Nevada - January 2009 - 02/12/09 11:10 AM
Notices of Default spiked big for January.  675 filed NODs in January represents a 17% increase over December’s number of NODs, and is more than double the number of NODs filed for the same period last year.  Will it ever stop?New home sales in January dropped 48% from December’s 83 new home sales.  January’s paltry 46 new home sales represents only a third of the number sold last year in January.Resales also declined a whopping 24% from December’s resales.  However the unit number of resales for January 2009 still remains higher than January 2008.  January represents the fifth consecutive month of … (1 comments)

January Medians and Units Sold - Reno and Sparks, Nevada - 02/06/09 05:30 PM
Well, it has finally happened.  The median sold price for Reno and Sparks, Nevada has now fallen below $200,000.  And in a BIG way!  January’s median sold price of $194,450 represents a HUGE drop from the previous month’s $209,900 – a whopping 7.4% decrease.  And I thought December’s 4% drop from November’s was big; but now the decline seems to be accelerating.  When will it stop?  See all the numbers here.
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Guy Johnson, MBA, CRS, Blogger

Guy Johnson

Reno, NV

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Keller Williams Group One, Inc.

Address: 10539 Professional Circle, Suite 100, Reno, NV, 89521

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I regularly contribute to the Reno Realty Blog. This popular blog describes itself as "Musings on the Reno Sparks real estate market". Find it here: Reno Realty Blog

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