"I haven't seen a monument erected to a pessimist" Oh what a refeshing quote to hear in this dire financial crisis we're in. But where do we draw the line between being an optimist and in touch with the brutal truth of reality? There's a fine line. I love what Jim Stockedale said "confront the brutal facts, but never lose hope that in the end we will prevail." Now that's more like it. Can you imagine what would happen to our profession's credibility if we put into that into practice?! I sense people are looking … (14 comments)
reno: Announcing: A New Report on Reno, Carson & Sparks Real Estate Market
- 01/18/08 05:43 AM
I often wondered how the three mighty cities of Northern Nevada compare in real estate strength when pitted side by side. Here's a report I just finished putting together. HIGHLIGHTS: Sparks is experiencing a deeper real estate recession than Reno (+7.13%) & Carson (+1.4%) This is not a pessimistic or optimistic report on our real estate market. I don't think that's the question. The opinion of the market is what matters right now. I think our job is to observe,learn from it not argue with what it is revealing. My hope is people will see the big picture in our market … (0 comments)
reno: Sparks Real Estate Market: Inventory of Homes from Nov 2005-Dec 2007
- 01/12/08 09:27 AM
About: I'll be showing you a twenty six month breakdown of the Sparks Homes For Sale. This is a good way of getting a 'feel' of how the Sparks real estate market is going. You can see the supply and demand by clicking at the Sparks Homes SOLD. You will find this in the Renohomeblog.com site (link provided below). Under 'Sparks Market'. Highlight: Inventory is currently 43% down from the peak in June 2006 . This is a good sign. But continue studying other market factors like Sparks Homes SOLD. This will give you an even better picture of the Sparks … (0 comments)
We've finally gotten an increase in Homes SOLD. Actually, it was pretty good: 9.71%
Though it is still difficult to get excited about this. But it's a glimmer of hope friends. Let's keep following what it does. We'll never know, the recovery may just be around the corner.
But let it not be anyone's opinion that will tell us if the Reno Real Estate market has indeed reached its bottom. It would be wise to let the market do the talking. Our part is to be student of the market. I recently updated this data(Thursday,Jan 10,2008)
This is a superb place to live in. I could be biased of course,(I've lived here since moving to Reno in 2003)
But take a look at it personally. If you're coming from Sacramento, 80 west, take the Robb Dr. exit or the McCarran exit.
If you're coming from 80 East or 395 South/North, Go towards 80 West. You can take the same exits mentioned above.
The place is amazing primarily because of it's proximity to basically anywhere in Reno & Sparks(10 minutes). It also houses the best restaurants and … (0 comments)
reno: United States National Housing Market: 2005,2006 & 2007
- 01/02/08 09:05 AM
About: United States Existing Home Sales An opinionated, wonderful lady gave me a gracious comment me a week ago when I gave out a report on the state of the national housing market :
"I have found through the years that generalities don't work especially when talking about real estate markets. All areas beat to a different drummer."
And while I agree with her statement 80% of the time. I do see some positive things that stem out of knowing what the National Housing Market is doing:
'falling in love with the National Housing Market does not mean breaking up with our beloved … (0 comments)
reno: Foreclosures & Short Sales: A Frank Interview With Randi Bennett
- 12/27/07 07:56 AM
Randi began her career in Title & Escrow right here in Reno thirteen years ago. I had the joy of spending an hour with her talking about the highly controversial topic of foreclosures & short sales. Hope you get something out of it. Click here: Reno Real Estate
… (0 comments)
reno: Reno Real Estate Market: Where art thou my love?
- 12/14/07 10:47 AM
Reno Real estate market where art Thou? It could be extremely frustrating to get an objective opinion on How the Reno Real Estate Market is really doing. You have the people in the real estate industry on our seemingly blind faith that everything would be ok. And that it's time to buy right now: 'there are great deals out there' I wish it was that simple. I think it's better if you the consumers decide for yourself what's good for you. Besides, you're the one who knows your financial standing like no one else does. Now what I can do is present … (0 comments)
reno: One of Reno-Tahoe's incomparable adventures: The unforgiving Flume trail
- 10/12/07 10:11 AM
"Ian,Joe Isn't Reno and Sparks all about the Slot machines, blackjacks, lucky 9's, strip clubs, casinos??" One might say to me. Mm mm. Nope. Much more than that. You have no idea my friend... I have never been the X-games type adrenaline junkie. But I grew up in an environment of small adventures, whether it's an expedition to the 'uncharted' neighborhood or playing catch up (armed with my bicycle) with the neighborhood bullies- (dogs that most probably hasn't been injected with anti-rabies shots.) - the best times of my life. Why was it fun? good question. Maybe because there was an element of danger that every boy, once in his life, craves for. And in so many ways, … (15 comments)
Notes: Data includes all single family stick built homes,condos,and manufactured home sales in the MLS database. It does not include sales made " By owner" or most new home sales,which do not participate in the MLS system.Raw data Provided by: Nevada Small Business Development Center,University of Nevada, Reno … (0 comments)
Notes: Data includes all single family stick built homes,condos,and manufactured home sales in the MLS database. It does not include sales made " By owner" or most new home sales,which do not participate in the MLS system.Raw data Provided by: Nevada Small Business Development Center,University of Nevada, Reno … (0 comments)
Notes: Data includes all single family stick built homes,condos,and manufactured home sales in the MLS database. It does not include sales made " By owner" or most new home sales,which do not participate in the MLS system.Raw data Provided by: Nevada Small Business Development Center,University of Nevada, Reno … (0 comments)
Superb photo by: marco welt
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