Tag Archives: Housing Prices

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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Fannie Mae and Freddie Mac Reduce Maximum Loan Size

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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Obama Proposes Refinance Plan for Mortgages

The White House is contemplating a scheme for mass-refinancing for homeowners currently with government-backed mortgages so they can refinance at today’s lower interest rates. The Obama regime hopes that if the plan happens consumers would experience lower mortgage bills and … Continue reading

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Even Lake Tahoe Properties Affected by Poor Economy

An Incline Village Realtor thinks there are some good opportunities around Lake Tahoe. She remembers the not-too-distant days when several buyers were eager to scoop up one of the multi-million dollar estates on Lake Tahoe's shores. It wasn't uncommon to … Continue reading

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How Deep is the Housing Depression

For a gloomy analysis of the housing market this IBD editorial will not make you happy.  The collapse of residential real estate prices just officially exceeded the scale of the Great Depression’s housing crisis. Using mortgages as a welfare program … Continue reading

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QRM Would Mandate 20% Downpayment

A proposal to federal regulators involving new regulations governing qualified residential mortgages that would mandate a 20 percent down payment for consumers wishing to qualify for a conventional, non-government- backed residential mortgage, has prompted action among the real estate industry. … Continue reading

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Dirt-cheap Housing markets

Here’s a list of ten cities with dirt-cheap housing markets.   All but two are in the rust belt with Ocala, FL and Cumberland, MD the exceptions.   CNN Money has other lists that you may find entertaining.

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Have Reno Housing Prices Hit Bottom?

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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Celebrities Sell Real Estate and Profit Nicely

If you think every one has been hurt in this economy and real estate downturn, you will be surprised. Here is a story where celebrities all made a lot of money when they resold their real estate. http://www.businessinsider.com/9-celebrities-who-made-millions-off-their-homes-2011-4?op=1

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