Tag Archives: Real Estate

Do Truth Tellers Need to Run and Hide?

Posted on April 28, 2012 by

One definition for “political correctness” is cowardice while facing the truth. This story seems to fit that description. Apparently the website was reporting the truth about the various neighborhoods of Detroit. But, that could not be permitted to stand. Real … Continue reading →

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Want a Mortgage? Pay Your Rent

Posted on January 22, 2012 by

With all the economic problems we have faced as a nation, and even more specific, as Nevadans, the number of renters has increased significantly.  But, eventually even most renters would want to change their status and become homeowners. But, it … Continue reading →

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Reno Ranked Number 14th Worst Housing Market in Nation

Posted on January 19, 2012 by

Las Vegas was rated as the nation's worst housing market by the website, Housing Predictor.  The site published rankings of the 25 best markets, the 25 worst markets among others.  The worst 25 housing markets forecast annually by Housing Predictor … Continue reading →

Posted in Economy, Home Prices, Nevada, Real Estate, Reno, Sparks | Tagged , , , , , , , | Leave a comment

HUD Evicts 101 Year Old Woman & Reconsiders

Posted on October 6, 2011 by

HUD evicted a Detroit woman but then realized it was a “mistake.” The mistake was that the woman was 101 years old and the news caused a large enough uproar that HUD was embarrassed and reconsidered the eviction. “We were … Continue reading →

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Reno home sales the highest since April

Posted on September 27, 2011 by

The RGJ reported that Washoe home sales increased in Auugust. Home values for existing homes in Washoe County hit their highest level since April, with the area posting its strongest August sales numbers in six years. The median sales price … Continue reading →

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Fannie Mae and Freddie Mac Reduce Maximum Loan Size

Posted on September 12, 2011 by

Fannie Mae and Freddie Mac will cut the size of loans they buy from lenders effective October 1. It will force many future borrowers into jumbo loans.  Jumbo loans are more expensive and harder-to-get than conventional loans. The Freddie and … Continue reading →

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Washoe County Foreclosures Lower for June

Posted on July 15, 2011 by

Washoe County foreclosure filings for June were down 10 percent from May and nearly 22 percent from June 2010, according to foreclosure tracker. RealtyTrac  1,035 foreclosure related filings were recorded for the month. This makes 54 months in a row … Continue reading →

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The Real Estate Investor

Posted on May 27, 2011 by

Any investors out there? Real Estate Investor – Any of several unemployed individuals who spend the majority of their day painting and cleaning properties, staring at their computer monitors looking for deals, or talking on the phone to countless agents, … Continue reading →

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Have Reno Housing Prices Hit Bottom?

Posted on May 23, 2011 by

Have our home prices here in Reno hit bottom?  Is it time to rush out and buy? We’ve been hammered so hard that it’s gotta turn around soon.   A lot of “experts” are saying yes, don’t hesitate a second.  … Continue reading →

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Suit Filed Against Seven Major U.S. Banks Alleging Fraud Against Homeowners

Posted on April 28, 2011 by

Philip Kramer, an attorney from Calabasas, California filed suit against seven US banks alleging they defrauded homeowners. Kramer has filed lawsuits against Bank of America, JP Morgan Chase, Washington Mutual, One West-Indy Mac, GMAC, Wells Fargo/Wachovia and Citibank which he … Continue reading →

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