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This month the RSAR has released two versions of their Monthly Market Talk report – a report for the Reno market, and one covering the Fernley market. These reports contain a lot of good info as well as great graphs. Check them out here:
Reno...
The numbers of NODs, NOSs, and TDs continued their downward trend in November. NODs were at 658, down from 765 in October, 930 in September, and 1068 in August. NOSs were at 316, down from 469 in October, 659 in September, and 757 in August. TDs. ...
Because the topic has been discussed so much in the last few days on this blog, I thought I’d pass along a link to a yesterday’s LA Times piece, Professor advises underwater homeowners to walk away from mortgages
In the article, Brent T. White, a...
According to an article in today’s Wall Street Journal, 23 percent of U.S. homeowners owe more on their mortgages than the properties are worth. That’s 10.7 million households with negative equity in their homes according to the First American...
Most of the data I post on this blog is Washoe County-centric; however our regional MLS actually covers a much larger portion of Northern Nevada. Each quarter the Northern Nevada Regional MLS releases a Market Watch Report. This report contains...