Monthly Archives: January 2012

How Quickly Could You Build a House?

We’ve probably all watched Extreme Makeover on ABC where they completely rebuild a home, usually in less than a week. But, how about in an hour? In thes video a nomadic family in Mongolia erects their house (Ger) in slightly … Continue reading

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Delays in Thousands of Foreclosure Reviews

Anyone that expected fast results from foreclosure reviews is in for a disappointment.  They are now expected to take a much longer time. Review time frames have lengthened for other servicers, too, because the detail, scope and complexity of the … Continue reading

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US New Home Sales Drop to Lowest Year on Record

New home sales dropped to an annual rate of 307,000.  This is less than half of what would be expected in a normal economy.  With the reduced sales the sales prices have also dropped.  The median sales price is now … Continue reading

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Another Green Energy Failure

Anyone that regularly reads this blog is probably aware that I am not a fan of “green” energy. For example, ethanol gets added to our gasoline by mandate and has only served to make the gas more expensive, and less … Continue reading

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Want a Mortgage? Pay Your Rent

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

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

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Reno Foreclosure Filings

The number of foreclosure filings has dropped slightly compared to two years ago. Washoe County recorded 7,981 foreclosure-related filings in 2011. Jason Hidalgo of the RGJ attributes much of the decrease to AB 284 which requires the foreclosure documents to … Continue reading

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