Guy's Blog

Lately I've been bombarded with emails and flyers from developers and other agents touting the higher commissions they are now offering to buyer's agents.  Bring them a buyer, and I'll receive a 4%...5%...6%, or higher commission.  I've even encountered a Seller offering 10% to the Buyer's broker...

Each quarter our broker distributes housing metrics and charts for us agents to use as we see fit (pricing presentations, buyer consultations, etc.).  Third quarter numbers presented no real surprises.  Residential sales are down year-over-year in terms of units sold (16% decrease), $ volume (19%...

September's numbers show some dramatic changes.  The first is the relatively few number of Solds for the month.  258 Solds represents a 25% decrease from last month; a 33% decrease from September of last year; and a 57% decrease from September of 2005.  To look at the impact of this number anothe...

I am constantly asked by clients when I feel the Reno housing market will hit bottom.  This is not an easy question to answer with any degree of certainty.  Thankfully CNNMoney.com has made things much easier for me.  According to CNNMoney.com the Reno-Sparks market is forecasted to hit bottom in...

Reno-Spark's residential listings dropped from 1,214 in August to 683 in September, representing a 44% decrease.  This dramatic drop in listings can not be explained by seasonality alone.  Are Sellers throwing in the towel?  Not really.  See the numbers and the impact of the Northern Nevada Regio...

According to Sperling's BestPlaces Reno ranks as one of The Ten Best Places to Live in the U.S.  I'm not sure if the list was in any particular order, but if so, Reno ranked 9th on Sperling's top-ten list.  According to Sperling's...Reno's Good"Reno boasts ample options for outdoor recreation, in...

The good news is that my dire prediction last month of only 150 Solds for August was way off.  In actuality, August Solds came in at 318.  The median "for sale" price continues to hold steady at $349,900; this same price goes all the way back to last October with nary a fluctuation.  Sellers cont...

We see the headlines everywhere... Mortgage defaults high in Nevada "Nevada leads nation in delinquent homeowners." "In June, Nevada had one foreclosure filing for every 175 households to lead the nation for the sixth-consecutive month, according to RealtyTrac..." and on and on...Being that I am ...

A co-worker turned me on to a cool site this past week called terabitz.  Terabitz' tag line is "every bit on real estate" and from the looks of this site they're living up to that statement.Terabitz is a fully customizable real estate web site that allows the user to integrate an unlimited amount...

On June 1st Zack Mannheimer left his home in Brooklyn, New York to embark on a 10-week, cross-country road trip to visit smaller cities across Middle America in order to discover his new home.  One of his goals once he found his destination: "...to open a theatre and a restaurant that practices a...