Tag Archives: Home Sales

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 home sales the highest since April

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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North Dakota Approves Ballot Measure to Abolish Property Taxes

I realize that this has about as much chance as the proverbial snowball in Hell, but I liked the idea and I especially liked the headline. Government at all levels has always treated the tax PAYER as its own private … Continue reading

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Housing Markets Still Facing Downward Pressure

Here is a Business Insider story naming 10 US housing markets that are at risk of a major collapse. Las Vegas is one of the cities and Case Schiller predicts a 21% decline in value from 2010 to 2012. 6.7 … Continue reading

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Census Reports Housing at 13% Vacancy Nationwide

The Census Bureau reports that the home vacancy rate is 13% nationwide, although some dispute these numbers .  Apparently, a large percentage of these properties are vacation homes and are not really considered vacant.The state by state rate varies from … Continue reading

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Nearly Fifty Years Since New Home Sales This Low

Its been nearly fifty years since the sales of new homes has been this low.  And the US population has increase more than 100 million since that time. According to the Commerce Department the sales of new homes amount to … Continue reading

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Investment House in Lemmon Valley

Investment Opportunity We have an investment house in Lemmon Valley, NV:  ARV est $85,000.  Available for quick sale, $67,000. House is 4Br, 1.5 Ba, 1144 sq ft. Needs est $3,000 – $5,000 clean – up and repairs. Leave comment with … 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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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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What if You Buy a Foreclosed Home?

The RGJ published this AP article about the perils of buying foreclosed homes. It is another perfect example of what the AP does best, spreading fear and alarm.  It contains little substance. But now thousands of foreclosures around the country … Continue reading

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