Tag Archives: Real Estate

Foreclosure Starts are Down Across the West

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

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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

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

$1,000 Bar Tab If You Buy This House

Tweet Have you been trying to sell a home and finding very little interest. Would you consider an incentive to the buyer? A Glenview, Ill., homeowner, having difficulty selling her home, offered a unique incentive to stoke interest: $1,000 worth … Continue reading

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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

Bank of America Will Accept Back-up Offer in Short Sale

Tweet One of the problems with short sales is the amount of time they take to complete, often as much as 4 to 6 months, or more. The typical retail buyer is not willing nor able to wait around that … Continue reading

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Foreclosure Overturned by Oregon Judge

Tweet An Oregon judge overturned a foreclosure  and subsequent eviction. This case, like many nationwide, also involves MERS, the Mortgage Electronic Registration System. MERS was created, in part to avoid the expense of paying recording fees to the local county … Continue reading

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