In advance of the new Home Owner’s Bill of Rights, (SB321) which becomes effective in Nevada next Tuesday, October 1st,…
foreclosure
NEW FHA RULES ALLOW BUYERS TO PURCHASE 1 YEAR AFTER SHORT SALE
On August 15, 2013 HUD released Mortgagee Letter 2013-26 which outlines new guidelines for considering a borrower for a new…
Solds by Type – Truckee/North Lake Tahoe
Average sale prices are steadily moving upward with almost as many sales in March of 2013 as January and February…
Solds by Type – Reno/Sparks
The first quarter of 2013 sold properties by the type of sale is interesting. The number of sales increased each…
What’s Active and What’s Selling?
We saw a very slight increase in active inventory by the end of March, up 7% from February from 437…
Banks Turning Up The Heat With Highest Level of Notices of Default Since October 2011
According to data released by Ticor Title of Nevada for March 2013, the number of Notices of Default (NOD) reached…
Bank Owned Properties in the Reno/Sparks Real Estate Market
Home inventories dropped again in the Reno-Sparks area and remain low with even fewer houses on the market at the…
Bank Owned Sales in the Reno/Sparks Market
The interest in bank owned properties has been growing rapidly over the past few years. Once considered damaged goods, which…
A Look at Actives VS Solds for Reno/Sparks
Home inventories dropped again in the Reno-Sparks area and remain low with even fewer houses on the market at the…
Nevada Short Sales Rapidly Increased in 2012
The State of Nevada has seen a very significant increase in short sales, 86% higher than the previous year’s statistics,…