Reno Real Estate Logic

We all keep shaking our heads and it’s hard to get our minds wrapped around what’s going on these days in the markets everywhere. One week we are stabilizing the next week we are seeing national mortgage companies folding up their tents. Good riddance that’s what I say, bye bye. I don’t think it’s every [...]

Even though the housing crunch is still being felt in Reno/Sparks the local casino’s are growing and that’s great news because of the employment opportunities for our local people.
The Lazy 8 application for Spanish Springs looks like a go! The development handbook for the Tierra Del Sol project was approved by the Sparks City Council Monday [...]

It looks like the stadium project has been prioritized for the downtown and the Grand Sierra location is now the back up plan. I spoke with Dick Johnson, of the Metzger-Johnson Commercial Group, and he agreed that the downtown should be the first choice. The redevelopment of this region has been a problem for years [...]

We are getting a new investment group in Reno, the Emirates of Dubai and for those who do not know who they are,  check out this web site, it’s impressive!  http://www.lowtax.net/lowtax/html/dubai/jdbcfir.html
Yesterday the MGM Mirage in Las Vegas committed to the Emirates of Dubai  half of the new mega project MGM is building on the strip, for an [...]

Gorgeous setting in Verdi on the Belli Ranch just minutes from Boomtown and the new Cabella Outdoor Sporting mega store. Parcel is approximately 1.6 acres and is fenced, has a well and water rights.  Rare property in the heart of Reno’s most beautiful area. Just ten minutes to Reno,  28 miles to down town Truckee and 35 [...]

I had a meeting today with Sue Sanders a real Montana babe for you guys out there that like Big Sky women, and our legal counsel for NVAR (Nevada Association of Realtors). Because of all the buzz on the SS and F words, she has written this informative piece on the subject that I thought everyone should have. If you want a [...]

With all this bad news streaming into the headlines it’s a relief that we can look forward (about 5 years) from now and see what’s going to become the new upscale development in Washoe County. Sam Jaksick and his partner Randy Venturacci are starting the slow plow into the review stages for his newest dream “Spring [...]

Yikes, when the largest home lender in the country (13% of all loans) has to borrow this gigantic sum of money just to keep operations going, what’s going on over there? Wall Street demonstated that they were a  little upset this week with the market bouncing back and forth. Countrywide stocks took a digger, dropping 11% and now [...]

Just a quick note that you better watch out and you better not cry when you enter a lawsuit in Judge Jerome Polaha’s court. Remember all the hallabaloo about the Lazy 8 Casino wanting to start building in the Tierra Del Sol development off of the pyramid highway on a designated commercial site?
Remember that this [...]

Ever since Clinton created the war chest to keep “Tahoe Clear”, there has been an annual summit on the Lake Tahoe’s clarity and how do we keep it from becoming just a majestic lake filled with boaters, bathers and beer?
The 2006 study is out and it’s not good. Here’s just a couple of  facts as reported by Jeff Delong of RGJ and you can [...]