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Real Estate Agent - Keller Williams Realty Group One Inc.
A blog about the Reno/Sparks real estate market, local news and information, technology, and whatever is on my mind.
NAR sent out a new list of the top 10 areas where prices are rising the most. Reno came in at #9 (+24.3% YoY). What's somewhat humorous about the list is all of these areas were known as top rated foreclosure areas. It seems the over correction in pricing wasn't just in Reno. The article and sta...
The Reno/Sparks Association of Realtors® came out with the May 2013 market stats. The full report can be viewed by clicking the picture to the right. A brief summary with comments is below. The median sales price rose 6.1% to $218,000 from April 2013 and is up 32% from May 2012. 6.1% in one month...
I hesitated in writing this post because I'm quoted in the RGJ article (read through links below) and didn't want to toot my own horn. I though better of it because this is the heart of what's happening in the Reno/Sparks Real Estate market. Simple Math: A + B = C Reno/Sparks Home Prices Rise 20%...
06/05/2013 came out with a story yesterday about the top CBSAs. The article can be viewed here. The article stats that the typical sale to list price ratio is between 92%-98%. The top markets are now seeing homes selling above that threshold and even above list. Reno came in at #4 in the country ...
Just listed! Regular sale in Fernley, NV.   Built in 2004 with newer laminate flooring installed. RV access to the side and backyard includes a large storage shed. Additional concrete slabs in driveway for more room.   Both front and back yard are limited maintenance for ease of living.   The kit...
The Reno/Sparks Association of Realtors® came out with the April 2013 market statistics. The full real estate statistics for Reno/Sparks can be viewed by clicking the picture to the right. Below is a brief summary of the big points. Median sales price was $207,750. Up from $195,000 in March 2013 ...
Ticor Title sent out the updated historical foreclosure stats up to April 2013. You can view the graph by clicking the picture to the right. Below is an overview: NODs (Notice of Default) inched up to 287 NOSs (Notices of Sale) were down a bit but still higher than the past 9 months TDs (Trustee'...
Real estate news from the past week...ish. Nevada Back To #1 For again!!! Lenders Allowing 5% and 10% Down-RGJ.comA way better deal than FHA's 3.5% People Still Want To Buy Houses-DSNews.comGallup Poll for what it's worth. Foreclosure Timelines Are Getting
The Reno/Sparks Association of Realtors® released the March 2013 market stats today. The full report can be viewed by clicking the picture to the right. Below is a summary of the major points and some insight. Average days on market for short sales is 210 days. 7 months seems about right when you...
To read the original summary and my thoughts on why this is a bad program go to: Bruce Breslow (State of Nevada) To Purchase Underwater Mortgages I must have missed this the first time I read through the articles. According to the Las Vegas Review journal, article here, $100 million of the funds ...

Ricky Beach

Reno Broker/Salesperson/Realtor
local_phone(775) 823-8787
smartphone(775) 393-9601
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