Market Condition Report Reno Nevada Area June 2011

July 13, 2011

This report reflects information pertaining to sales of single family residences for Reno, Sparks, and Washoe county.

MCR June 2011 with Commentary

Insist on a Home Inspection

May 9, 2011

A professional home inspection protects both you and the buyer. It allows both you and the buyer the opportunity to learn about the property’s defects.

A home inspection usually covers the following: [Read more]

Nevada Real Estate A Good Investment For Qualified Buyers

February 17, 2011

More than 20% of homes in Nevada are in foreclosure or behind with payments as of the end of December 2010, the 2nd highest percentage of any state. Despite the ongoing reports of high unemployment rates and more homeowners finding themselves underwater, the reality is that a local recovery will come. And consumers in a position to purchase a home now have an [Read more]

Economic Update 2/9/2011

February 10, 2011

02_09_11WWW

As you can see, longer-term interest rates are rising more than are the shorter-terms, but there really isn’t that much movement. It is a strangely quiet period, though the trend for interest rates is definitely up–just a very slow upward movement.

Mortgage applications improved last week. And there is a sense that mortgage applications may have been slow in part because there have been so many all-cash transactions [Read more]

Incline Village/Lake Tahoe Real Estate Market Update

January 28, 2011

Although market conditions appear to be improving in our local area of Lake Tahoe including the Incline Village and Crystal Bay neighborhoods, [Read more]

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