Category Archives: Real estate news

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 →

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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

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

Nevada Notaries Charged With Fraudulent Foreclosure Documents

Posted on December 30, 2011 by admin

Tweet Just in case you may have forgotten about the robo-signing scandal that first came to light in Florida, I thought that I might jar your memory. Florida happens to be a judicial foreclosure state while Nevada is non-judicial. In … Continue reading →

Posted in Financing, Foreclosure, Fraud, Government, Mortgage Fraud, Nevada, Real estate news | Tagged , , , , , | Leave a comment

NAR says Over Counting was Minor

Posted on December 14, 2011 by admin

Tweet The NAR ( National Association of Realtors) Has been fudging the data on the sales of esisting homes for at least the last four years. Just in case you didn’t make the connection, that’s at least since the Obama … Continue reading →

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New Short Sale Rules From Freddie Mac

Posted on November 22, 2011 by admin

Tweet Effective Jan, 1, 2012 everyone involved with Freddie Mac short sales will be required to sign an affidavit and be held liable for any misrepresentations they may have caused. This is purportedly to ensure that the transaction is at … Continue reading →

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