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

13

Nov

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. …Read more » » »

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North Valleys Foreclosures/REOs, This is a BETA,

11

Nov

 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 it doesn’t work Ron) …Read more » » »

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Wow, this Reno Realtor really nailed it. . .

10

Nov

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 deregulated the banks.” “Clinton made banks loan to poor people.” “Bush fiddled while the system burned.” …Read more » » »

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

9

Nov

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 of a single family home in Incline Village, dropped to $1,115,360 year to date through September 30, 2007, down 10% from $1,245,500 over the same period last year.
Sales volume dropped 31%, as 74 homes sold through the first 9 months of 2008 compared to 108 during the same period in 2007. Read the Incline Real Estate Report here

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

1

Nov

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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Mitch Argon’s Real Estate statistics, Greater Reno Tahoe…

30

Oct

the-greater-reno-tahoe-real-estate-report.pdfWith Mitch’s permission, I present his wonderful work on statistics:

Coldwell Banker Village Realty gets taken over by Select Group…

30

Oct

Coldwell Banker Village Realty gets taken over by Select Group…

This just in, Coldwell Banker Village Realty has been bought by the Select Group out of the Greater Sacramento area.  The company is owned by Daniel C. Jacuzzi.  They are based in Yuba City California and own many real estate companies operating under ERA, Century 21 and Coldwell Banker.

They have bought not only ours but also some Century 21 real estate offices in Reno and Tahoe -Truckee area as well.

This is how I understand it so far but I may have some of the names, verbiage etc. a little off as our meeting was cut short by a fire alarm: …Read more » » »

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Stephanie weighs in on the mortgage market, great time to buy a Reno Nv. home…

20

Oct

As many of you may have read by now, sales of new homes rose in September and standing inventory shrank as builders dropped prices to their lowest level in four years. …Read more » » »

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Somersett dedicates new Park…

8

Oct

The City of Reno and the golf home community of Somersett dedicated a new park at Somersett East.

Councilman Dave Aiazzi was on hand with his Posse and Blake Smith the Developer of Somersett displayed it like a newborn baby. 

Rumor has it that Blake Smith is busy with putting a new subdivision in …Read more » » »

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Arrowcreek Golf Course handing over the keys to Golden Gate Golf…

1

Oct

arrowcreek-background.jpg

For the last 48 hours, there has been unconfirmed rumors (about the Golden Gate transaction).  This is great news and should help restore confidence and values in Renos premier golf and view community.
From: Norm Reeder (jross@eaglgolf.com)
Sent: Wed 10/01/08 4:08 PM
To: Ron Bell (ronbellrealtor@hotmail.com)
ArrowCreek Country Club
ArrowCreek UpdateOctober 1, 2008Dear Fellow ArrowCreek Member,Effective October 1, 2008, Golden Gate Golf has assumed the management of ArrowCreek Country Club.  We congratulate and welcome Charles Leider and Bob Bowker on their willingness to assume responsibility for leading our Club to become the finest golf facility in Northern Nevada.

Thankfully this brings to an end a long period of uncertainty surrounding the future of ArrowCreek Country Club.  Town Hall meetings have been scheduled for Thursday, October 2, 2008 and Monday, October 6, 2008 in the Pavilion to allow Charlie and Bob to introduce themselves to the membership.

Both meetings will begin at 6:00pm.

See you on the course,

Norm Reeder
Chair
Advisory Board

You are receiving this message because you are a member of ArrowCreek Country Club and a subscriber to email notifications.

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