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
2012
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Evidence Suggests Anti-Foreclosure Laws May Backfire- Reuters A little tooting of the horn on this one. Reuters gave me a couple quotes on the effects of AB 284 in Nevada. Washoe County New Home Sales Up- RGJ Due to lack of resale inventory. Experts Say Housing Prices Are About To Turn-Th...
06/29/2012
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Last week Tim Reid, of Reuters, interviewed me about the effects of AB 284 on the local housing market. While I've harped on the issue before and used data to back up my opinions it was nice to see that others feel the same way and that our plight is getting national attention. Click on the link ...
06/27/2012
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Billionaire buys Hawaiian Island- MSNBC Two golf courses and 88,000 acres... not to bad for a vacation island. Shadow Inventory Drops to 2008 Levels- CoreLogic Lack of distressed properties drops inventory nationwide. Rumors of Fannie Mae holding off foreclosure until after the election. Fed ...
06/22/2012
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The Reno/Sparks Association of Realtors came out with the May report. Below are the major points and the report can be read by clicking on the picture to the right. Major Points: Median sales price was$156,000 up from$152,500 in April 2012 Fourth straight month of price increases Monthly sales...
06/19/2012
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Nevada now 3rd in foreclosure rate- RGJ Thanks AB 284! Eminent domain used to take over mortgages?- MSNBC Mortgage Resolution Partners put forth a plan to work with investors and local governments to condemn underwater homeowners without using tax payer dollars. Jail time for unkept lawns...
06/15/2012
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It's been awhile since I've blogged on here due to trying to keep up with how fast the market is moving.In it's simplistic form supply and demand are way out of whack. As of 10:30 am today, 6/1, there were 32 homes available between $100,000-$150,000 with at least 3 bedrooms in all of Reno and Sp...
06/01/2012
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