WOW- Everything you hear on the news says Nevada has one of the highest foreclosure rates in the nation. We'll it's true for Nevada as a whole but the numbers are REALLY skewed. Las Vegas has one home in foreclosure for every 48 homes. Reno has one home in foreclosure for every 331 homes.
Yes there are some great bank owned deals in the Reno market but the sky is not falling and you won't be able to get a home for 10 cents on the dollar by simply waiting. The fact is this is a great time to buy. Yes we are deep into a buyers market, Now is the time to buy, it will not last forever !!
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