Foreclosure starts drop across the West Coast by KERRI PANCHUK
Friday, January 13th, 2012, 7:59 am
Foreclosure starts across the West Coast plummeted in December as California, Nevada and Washington reported double-digit declines in new mortgages entering the process, according to ForeclosureRadar. California, in particular, saw foreclosure starts decline by 30.6% to 16,465 filings in December, while foreclosure sales grew 3.2% to 11,097 transactions. The time it takes to foreclose in the Golden State … (2 comments)
reno: Good bye to 2011, Welcome 2012 in St Thomas!
- 01/10/12 12:03 PM
Well here we are 2 weeks into the new year of 2012! For 2011 I sold 265 homes for $31,000,000 in gross dollar amt for an average sale price of $116,000. #6 NNRMLS Compared to 2010: Sold 256 homes for $34,000,000 and an average of $132,000. #1 NNRMLS As you can see, more work for less money! But that is not even start of it. Since the NV legislature passed a new law asking for an avadavidt of who actual owns the loans our notices of default have gone down from an average of 700 per month to an average of … (0 comments)
reno: Do You Remeber These Days?
- 08/13/07 03:43 AM
THESE ARE BUYERS SWARMING OVER A NEW LISTING! No not really. So I was sitting on my porch last night (Sunday night) and watching my hummingbirds at the feeder on my front porch, felt more like a hornet's nest, and it reminded me of how the real estate market used to be. Do you remember when you put a sign out on a house and got it on the MLS and there were 10 offers on the table in 24 hours? Well, I do, and thanks to that swarming is why we are where we are now. Not much action this … (6 comments)
I am guessing in three to four months I will be out of business in Nevada since that is our main source of listings?
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