Broker Beach Blog
A blog about the Reno/Sparks real estate market, local news and information, technology, and whatever is on my mind.
ARCHIVED BLOG POSTS
2013
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Real estate news from the past week...ish. Nevada Back To #1 For Foreclosures-RGJ.com#1 again!!! Lenders Allowing 5% and 10% Down-RGJ.comA way better deal than FHA's 3.5% People Still Want To Buy Houses-DSNews.comGallup Poll for what it's worth. Foreclosure Timelines Are Getting Longer-DSNews.com...
04/19/2013
The Reno/Sparks Association of Realtors® released the March 2013 market stats today. The full report can be viewed by clicking the picture to the right. Below is a summary of the major points and some insight. Average days on market for short sales is 210 days. 7 months seems about right when you...
04/18/2013
To read the original summary and my thoughts on why this is a bad program go to: Bruce Breslow (State of Nevada) To Purchase Underwater Mortgages I must have missed this the first time I read through the articles. According to the Las Vegas Review journal, article here, $100 million of the funds ...
04/18/2013
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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...
04/18/2013
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Justin Jones, (D) D-9, is putting forth a home owner's bill of rights in the legislature. The bill can be viewed here. You can track this and other bills (a certain number for free) by creating an account at the Personalized Legislative Tracking website. Below is a quick overview of the major...
04/15/2013
A new listing came out this evening. Heart of the Old Southwest for a cute little home around 1,300 sqft. No big deal until I looked at the price per sqft... $306.92 per sqft. There's only been 4 homes in the past 4 years to sell over $300 per sqft (current property is on the list of 5 to the rig...
04/14/2013
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McLean Mortage in Virginia has come out with an innovative way to give their buyers an edge in putting in offers. The McLean "LoanFirst Program" will give a buyer a full pre-approval prior to putting in an offer. This pre-approval differs from a traditional pre-approval because they will put in t...
04/11/2013
Ticor Title Company sent out the updated foreclosure stats for March 2013. The full stats can be viewed by clicking the picture to the right. Notice of Defaults hit their highest point since September 2011 (start of AB 284) Notice of Sales (final recording before foreclosure) at their highest sin...
04/11/2013
Rainmaker
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