Tag Archives: Recession

RGJ Roundup

What do these stories have in common? http://www.rgj.com/article/20100418/BIZ/4180342/1071/Week+in+review++More+foreclosure+properties+for+sale And, http://www.rgj.com/article/20100418/BIZ/4180343/1071/Week+in+Review++Jobless+rises+to+record+high

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Foreclosure Epidemic? Even the Rich and Famous

Do you think the foreclosure problem is bad here in Reno?  Well, you’re not alone.  Even Nicholas Cage lost his home to foreclosure, Do you think the bank made out? Perhaps but no one was willing to pay the amount … Continue reading

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Is Foreclosure Protection Fair to the Rest of Us?

The Obama Administration announced they want to spend $14 billion  for jobless homeowners to free them up from their monthly mortgage payments for up to six months, to help them rework their existing mortgages and provide some additional money, to … Continue reading

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Washoe County Jobless Rate 13.4%

The Reno/Sparks February  unemployment rate was reported at 13.4% by the  Nevada Department of Employment, Training and Rehabilitation.  Statewide rate was set at 13.2% with The Las Vegas area at 13.8%.  It would appear that any recovery would be a … Continue reading

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16,500 New IRS agents to Enforce Obamacare

Did you know that hidden in the Obamacare bill we face $400 Billion in new taxes and we get to hire 16,500 new IRS agents to enforce it. That’s some Hope n Change. Read it here:  http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/16500-more-IRS-agents-needed-to-enforce-Obamacare-88458137.html

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Nevada Real Estate News

Borrowers wait for answers on President Obama’s loan plan:   RGJ About 1.1 million borrowers have enrolled in the program since it started a year ago, but so far only about 170,000 have completed the application process, the government said … Continue reading

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Tracking the Nations Bank Failures

I just saw this very interesting Wall Street Journal report showing a time line of bank failures beginning in 2008. See it here.

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