Monthly Archives: November 2010

Did B of A Turn Tables in Loan Mods?

After entering the HAMP program with Bank of America a NY woman is facing foreclosure.  She has filed suit in Brooklyn claiming that the did not honor its agreement. But in a class-action suit recently filed in Brooklyn federal court, … Continue reading

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Is Bank of America’s Survival Really at Stake?

If you have been following the mortgage and foreclosure fiasco you are probably aware of the huge problem we are facing.To recap: The banks loaned money to people that had no hope of paying it back. Over and above the … Continue reading

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Video Errors in Posting.

I attempted to embed a video from CNBC and I had never gotten what I intended to include.  It was a video about the estimated 2.1 million units of shadow inventory in the housing markets.  It seems that WordPress.com doesn’t … Continue reading

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Is this Really the Best Time to buy a Home in Washoe County?

This RGJ opinion piece by Missy Hinton argues that now is the best time to buy a home here in the Reno-Sparks area. The argument, as I read it, is primarily based on interest rates and the consequences of missing … Continue reading

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Property Values in Washoe County Still Decline

Washoe County property values will be lower by 8.2% for 2011, and may be even lower depending on the completion of the assessments. The 2010 assessments were 11% lower than the previous year and the current rate of decline has … Continue reading

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Senator Sheila Leslie no Longer Chairs Senate Taxation Committee

I Realize I said that I was going to focus more on real estate, but you can be sure that with the legislature in session we are all more at risk to being squeezed. Isn't this exciting?  Nevada state Senator … Continue reading

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Washoe County Home Prices up for October

The RGJ Reports Washoe county existing home prices were up about 2% in October.  The prices were about 2 % higher than the preceding monthThe prices are still down for the year.  This suggests that the Reno-Sparks Market is still … Continue reading

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