Author Archives: admin

Is the Reno Real Estate Market Finally Looking Up?

Posted on February 22, 2012 by admin

Tweet I’ve seen rosy predictions before.  I don’t know if real estate agents could do anything else.  After all, their livlihood depends on it.  Else, how could they sell something they thought to be a loser.  And don’t assume by … Continue reading →

Posted in Nevada, Real estate news, Reno Real Estate, Reno Short Sales, Sparks Real Estate | Tagged , , , , | Leave a comment

Freddie Mac Lied to the Nation

Posted on February 17, 2012 by admin

Tweet If you ever bought or even tried to buy a short sale you are aware of the problems and difficulty in completing the transaction.  You might have wondered, “how could the banks be so obstinate?” We now learn that … Continue reading →

Posted in America, Economy, Foreclosure, Fraud, Government, Mortgage Fraud, Politics, Real estate news, Short Sale Fraud | Tagged , , , , , | Leave a comment

Foreclosure Activity Likely to Increase This Year

Posted on January 27, 2012 by admin

Tweet We can expect a large increase on foreclosure activity this year. At least, that’s what the LA Times thinks. Foreclosure activity has been suppressed because the lenders have been focusing on getting their act together. Here in Nevada they … Continue reading →

Posted in America, Foreclosure, Government, Nevada, Politics, Real estate news | Tagged , , , , | Leave a comment

Reno Makes another Worst of List

Posted on January 27, 2012 by admin

Tweet Here’s another “best of”, “worst of” list and Reno wins another prize. It may not be the prize that Reno would like on its resume although it’s not necessarily our fault. It is not just a story about Reno … Continue reading →

Posted in America, Economy, Government, Nevada, Politics, Reno, Reno Real Estate, Sparks, Unemployment | Tagged , , , , , , | Leave a comment

Foreclosure Starts are Down Across the West

Posted on January 24, 2012 by admin

Tweet Foreclosure starts are down all across the West Coast for December. Reduced filings were reported in California, Nevada and Washington. Nevada showed drops of 14%. According to ForeclosureRadar the drops were due to the closing of trustee sale locations … Continue reading →

Posted in America, Economy, Foreclosure, Government, Nevada, Real estate news, Sparks Real Estate | Tagged , , , , , , , , | Leave a comment

The Informal Economy

Posted on January 23, 2012 by admin

Tweet Are you a part of the informal economy? Do you do things outside of a formal work structure. Do you get paid in cash, under the table? Do you buy and sell using Craigslist, eBay or other routes? Do … Continue reading →

Posted in America, Economy, Government, Reno | Leave a comment

Foreclosure Rate Heat Map for Nevada

Posted on January 19, 2012 by admin

Tweet We know that Nevada leads the nation in foreclosures but seldom with little supporting data. This heat map from RealtyTrac shows the foreclosure data for Nevada county by county. One out of 177 housing units received a foreclosure filing … Continue reading →

Posted in Foreclosure, Nevada, Real estate news, Reno Real Estate, Sparks Real Estate | Tagged , , , , , , , | Leave a comment

Would You Catch a Falling Knife?

Posted on January 18, 2012 by admin

Tweet The question arises, has the real estate market bottomed out? And is this a good time to buy? Can you compare buying real estate today to catching a falling knife? If you ever wanted to see a super analysis … Continue reading →

Posted in Economy, Financing, Foreclosure, Real estate news, Reno Real Estate, Sparks Real Estate | Tagged , , , , , , | Leave a comment

Unemployed Borrowers Get Break from Fannie Mae

Posted on January 14, 2012 by admin

Tweet New guidelines from Fannie Mae followed similar guidelines from Freddie Mac on forbearance for homeowners that are unemployed and facing foreclosure. The loan servicer can grant six months forbearance without the GSE’s approval. If the borrower is still unemployed … Continue reading →

Posted in Economy, Financing, Foreclosure, Government, Real estate news, Reno Real Estate, Unemployment | Tagged , , , , , , | Leave a comment

Negotiate Like a Middle Easterner

Posted on January 5, 2012 by admin

Tweet Anyone approaching or involved in a real estate transaction would be well served with good negotiation skills. This article describes negotiating in the “Middle Eastern bazaar” and directly applies as a recommendation for Israel. This may seem to be … Continue reading →

Posted in Real estate negotiation | Tagged | Leave a comment