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Large Reno Investors are returning to the Mothership….

As most Investor’s know; Reno is the Mothership of real estate investing as it is the distribution point for all goods coming from China, Wal Mart et al.  as well as many other types of goods and services and has incredible growth in jobs and retiree/worker population in the future.
A large Investment Company (Tamanek Group [...]

Sparks gets Fed foreclosure money, Reno is next?…

FHA Update; great first time buyer opportunity for Reno Nv. homes and condos…

In 2009 we’ll see some changes from FHA with regards to down payments on purchases of homes in Northern Nevada.  Because of that, I thought I’d just provide a quick update on where we stand today, and what we can expect in ‘09.

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North Valleys Foreclosures/REOs, This is a BETA,

 OK, this is what you all want, this is what you all get, I will soon have all (not just mine or my office’s) of the REOs, (real estate owned)/Bank owned in all areas in Reno and Sparks Nv. categorized and current.  This is in Beta still but I am releasing it now (great excuse if [...]

Wow, this Reno Realtor really nailed it. . .

The below article was printed in the Reno News & Review (RN&R) last week.  The author’s name is Madeline Zook.  Her contact information follows the article.
“Dirty Secrets of the Real Estate Collapse”
A local real estate broker offers her primer on how we got from a housing boom to a foreclosure crisis into a full-blown economic meltdown
By Madeline Zook
“Congress [...]

Guest Blogger Lexi Cerretti weighs in on the Incline Village Nv. market

A  fellow Blogger and Trulia regular Lexi Cerretti has always dished it straight up when it comes to numbers, I am enclosing some recent research of hers: 
 Lexi Cerretti
| lexi@buytahoehomes.com | buytahoehomes.com | IP: 71.9.22.234

Recent sales in Incline Village continue to slump while buyers wait and watch for the prices to bottom. The median sales price [...]

As requested, here is a look at the office picture in the Reno area/U.S.

Reed Simmons of Grubb and Ellis (formerly with Dickson Realty Reno Nv.) has supplied this to me and I think it tells a compelling story.  Yes, the Reno Nv. office statistics are in here as well.   markettrendoffice1.pdf

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