Category Archives: Reno Real Estate

Is the Reno Real Estate Market Finally Looking Up?

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

Reno Makes another Worst of List

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 Rate Heat Map for Nevada

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

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Would You Catch a Falling Knife?

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

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

Mortgage Interest Rates at Record Low

Tweet The rate on the 30-year fixed mortgage reached a new record low of 3.91 percent. This marks the third new low this year. The 15-year fixed mortgage rate, remained unchanged at a low of 3.21 percent. The exceptionally low … Continue reading

Posted in Economy, Financing, Nevada, Reno, Reno Real Estate, Sparks Real Estate, Unemployment | Tagged , , , , , , , | Leave a comment

NAR says Over Counting was Minor

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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Canadians Think Las Vegas is Good Investment

Tweet Canadians must think Las Vegas is a good place to invest. Else, why would they be putting their own money there? The reality is that Candadians are investing in Las Vegas, big time. Do they know something that we … Continue reading

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Would I buy a Belvedere Condominium?

Tweet My posts on this blog about the Belvedere condominium project and developer Bijan Madjlessi generated more interest than any other so far. Readers have even contacted me asking what I thought about buying units in the project. I must … Continue reading

Posted in Foreclosure, Fraud, Lawsuit, Mortgage Fraud, Nevada, Real estate news, Reno Events, Reno Real Estate | Tagged , , , , , , , | 2 Comments

The Continuing Belvedere Saga

Tweet I have received a lot of visitors from the Reno Realty Blog because of the discussion on the Belvedere. One thing I noticed is that the link to the RGJ article no longer work. After 30 days the RGJ … Continue reading

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