Category Archives: Sparks Real Estate

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 →

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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 →

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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

Mortgage Interest Rates at Record Low

Posted on December 23, 2011 by admin

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

Canadians Think Las Vegas is Good Investment

Posted on November 2, 2011 by admin

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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Nevada Tops the U.S. in Foreclosures for 52nd Month in a Row

Posted on June 2, 2011 by admin

Tweet According to RealtyTrac, Nevada led the U.S. in foreclosures for 52 months in a row.  Foreclosures jumped by 23% to an all time high. One out of 97 homes received a foreclosure notice in the month of April.  The … Continue reading →

Posted in Economy, Foreclosure, Nevada, Real estate news, Reno Real Estate, Sparks Real Estate | Tagged , , , | 1 Comment

Peter Padilla and Leslie Henderson on Short Sales

Posted on May 18, 2011 by admin

Tweet Here’s a podcast with peter Padilla and Leslie Henderson discussing short sales. Henderson & Padilla: Ease The Pain of Short Sales & zero down on the VA Mortgage! May 15, 2011 by NevadaRealEstateRadio You may also be interested in … Continue reading →

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

Home Prices Continue to Drop in Reno/Sparks

Posted on March 21, 2011 by admin

Tweet The Median price for homes in the Reno/Sparks area is now $5000 below 2009. The RGJ reports that Reno home prices continue to fall. Buyers are sensitive to price (is that a surprise?). Both home prices and the number … Continue reading →

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Zillow: U.S. Housing Value Dropped 1.7 Trillion in 2010

Posted on December 9, 2010 by admin

Tweet Zillow estimates that US housing values experienced substantial gains earlier in the year, they have dropped approximately $1.7 trillion this year. The drop is 63% greater that the $1.0 trillion drop in 2009. Zillow further estimates that US housing … Continue reading →

Posted in Economy, Foreclosure, Nevada, Reno Real Estate, Reno Short Sales, Short Sales, Sparks Real Estate, Unemployment | Tagged , , , | Leave a comment