Broker Beach Blog
A blog about the Reno/Sparks real estate market, local news and information, technology, and whatever is on my mind.
RECENT BLOG POSTS
This is coming out a little late as my computer was getting fixed last week. The Reno/Sparks Association of Realtors put out the October market stats.The full report can be viewed through the link below. October Market Stats If you don't want to read the whole thing here are the important points...
12/05/2012
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Rising Sales And Prices In Reno/Sparks- RGJ.com The trend continues... low inventory is increasing sale prices. Exact figures to come next week. Realtor® Accused Of Stealing Signs- FoxNY Shady business. Those things cost $100 each. Low To No Discounts On Foreclosure- Examiner.com Our inventory s...
11/23/2012
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Be prepared first time home buyers... The cost of an FHA loan will probably go up in 2013 in order to make up for a $16.3 billion deficit currently being run by FHA. Premiums will go up 10 basis points meaning about $13 per month more that buyers will have to pay on their loan. Over 30 years tha...
11/21/2012
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Shadow inventory continues to loom over the Reno/Sparks real estate market as AB 284 wears thin with banks. Banks are starting to figure out how to to get through the "personal knowledge" part of the bill and defaults are starting to rise. Ticor Title foreclosure statistics (picture below) show ...
11/19/2012
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Most people believe winter is a poor time for selling their home. Market conditions, seasonal visitors, and seriousness of buyers change all that for the Reno and Sparks real estate market. Below are 5 reasons for selling in the winter. 1. Market Conditions The Reno/Sparks median sales price has ...
11/15/2012
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Market Still Up In Reno: RGJ.com How much shadow inventor is lurking for the spring of 2013? Justice Department Sues BofA: DSNews.com The Fed requires BofA to buy Countrywide then sues them for things Countrywide in the past. Home Prices Up Again: HousingWire.com Same thing every month. Longer F...
10/27/2012
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Two weeks worth of the Roundup as I was too busy last week to post. Washoe County Home Sales Continue To Improve-RGJ.com My free online RGJ subscription ran out so tell me what it says. BofA Sues 28 HOAs In Nevada-VegasInc.com Not too many people like BofA and not too many like HOA companies. ...
10/20/2012
Bank Of America is starting a 2nd lien relief program where they will wipe a BofA owned and serviced second loan. Lucky winners will be contacted by mail and have 30 days to opt out should they want to keep the lien on their property. For those that receive letters counseling with an attorney, CP...
10/16/2012
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Ticor Title Company published the September foreclosure stats for Washoe County. Notice of defaults, notice of sales, trustee sale purchases, and new REO listings were down from last month. Only 37 REOs were put on the market in September which is pretty worrisome for buyers as it the lowest tot...
10/14/2012
For further information watch the video below and click on the picture link at the bottom of the page for listing information. Turn-key regular sale in Northwest Reno ready for a quick close. No front neighbors make for a quiet street with mountain views. Entering the home you'll notice the hands...
10/10/2012
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