Reno Real Estate Logic

This is a great article from Realtor.com
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The tax credit may be enough of an incentive for potential buyers to jump off the fence. That is, if they know about it.
By Robert Freedman var author=”Robert Freedman”; var date=’Nov 1, 2008′; if (author!=”" && date!=”) document.write(‘ | ‘); | November 2008
The $7,500 home ownership tax credit that the federal government created [...]

Just reported by the Center for Regional Studies at the University of Nevada, existing housing sales are up in Washoe County 16.8 percent year-over-year. Mostly in the pre-forclosure and foreclosure markets which we know will continue to be the target for buyers but it’s still good news. This is one of the first quarters that [...]

Last night I attended the second official Town Hall meeting at the ArrowCreek Residents Club hosted by the Board of Directors and I have to tell you that this was a very informative and great meeting. Very relaxed atmosphere and a lot of information on power points and policy.
The subjects that were covered included the [...]

 
Since October 1st, with the news that ArrowCreek Golf Club was officially purchased by Golden Gate Golf out of the bay area, things are just taking off in the right direction for ArrowCreek.
We now have news that the dragging Reserves lawsuit against Terrabrook, has been “tentatively” agreed to fold and tomorrow we should hear what the [...]

The first seed money has hit Reno, 2 million to be exact of 72 million allocated to Nevada or the 4 billion which is slated nationally. Generated by the Housing Division, this federal money is now ready for distribution.
The catch? You have to be a first time home buyer. Local banks will be involved in [...]

It’s been hard to discuss the market this last year without a doubt but we are getting some good news finally in Washoe County. In the month of September, notices of default and foreclosures have declined a whopping 13% since August. That’s a great start and I’ll take that news and run. 
The stats reported by [...]

It’s getting really rough in Vegas these days with one of the highest foreclosure rates in the country but what is really making people edgy is the news that the MGM Mirage is heading maybe into bankruptcy.
The University of Nevada’s Bill Eadington, Director of the Study of Gaming Department said that the immense debt that [...]

The Washoe County commission approved on Tuesday a grant for $11 million to purchase a 121 acre parcel off of Lone Tree Lane at the base of exclusive Anitra to create a trail-head close to the Ballardini Ranch.
The Southwest has always been locked for trail blazing and now with this access the public will have [...]

Yesterday on NPR, there was a very interesting segment with an economist who outlined from a historical point of view, our national economic policies which to me resonated the core issue of our present meltdown. 
What was news to me, is that in the last three decades our nation has reduced our production of commodities by 30% and shifted to building exotic financial instruments which [...]