Nevada leads Nation in GDP decline
The numbers are in, and Nevada’s GDP (gross domestic product) declined 6.4 percent from 2008 to 2009. This was the largest decline of any of the fifty states. The GDP of many states actually improved...
View ArticleVisible + shadow = two years of inventory
CoreLogic® reported today that shadow inventory of residential property as of August 2010 reached 2.1 million units nationwide. This figure is up from 1.9 million units from one year earlier. “Shadow...
View ArticleMLS updates “Special Conditions of Sale” descriptors
Our local MLS, the Northern Nevada Regional MLS, is changing the descriptors that can be specified in a listing’s “Special Conditions of Sale” field. As background info, the current values include:...
View ArticleBuilder confidence at highest level since June 2006
New home builder confidence level continues to increase. October marks the sixth consecutive month showing an increase in the Housing Market Index (HMI) according to the National Association of Home...
View ArticleLicensees numbers continue to decline
Despite several months of rising home sales prices [the Reno-Sparks median sales price is up 31 percent Y-o-Y] the number of licensed brokers and agents throughout the state continues to decline — as...
View ArticleLicensees numbers continue to decline
Despite several months of rising home sales prices the number of licensed brokers and agents throughout the state continues to decline — as agents leave the business voluntarily, or otherwise....
View ArticleNevada real estate licensees on the rise
Since the collapse of the housing bubble the number of Nevada-licensed real estate agents and brokers has fallen every quarter…until now. The number of Active licensees in the state of Nevada has...
View ArticleMedian home price by age group
Yesterday the Builders Association of Northern Nevada held their Mid-year Analysis event. The Reno Gazette-Journal was there and wrote this informative recap of the numbers presented: Real estate...
View ArticleRSAR Monthly Market Report – August 2014
The Reno/Sparks Association of REALTORS® has released its real estate market report for August 2014. The report can be accessed by clicking on the chart below. From the August report… The outlook for...
View ArticleWashoe County real estate licensees increase for the first time since the...
Nevada’s number of active real estate licensees topped 20,000 in August and is now at a level not seen since June 2011 (see “Statewide” table below). After years of dwindling numbers, the number of...
View ArticleJob growth tsunami coming: 51,000 new jobs to hit the area
51,000 new primary and secondary jobs are coming to the Reno-Sparks area over the next five years. See the RGJ’s story: Job growth to test region’s infrastructure says EDAWN But who’s going to fill...
View ArticleWashoe County insured recordings statistics – January 2015
Below please find Washoe County, Nevada resale, new home sale, and refinance insured recordings statistics for January provided by our friends at Ticor Title of Nevada, Inc. [Click on the chart below...
View ArticleWashoe County insured recordings statistics – February 2015
Below please find Washoe County, Nevada resale, new home sale, and refinance insured recordings statistics for February provided by our friends at Ticor Title of Nevada, Inc. [Click on the chart below...
View ArticleHere come the new agents! 15 new real estate agents added per month in Washoe...
Frequent readers of this blog know that I periodically report on the number of real estate licensees in our area as well as across the state. I report these numbers as they’re released by the State of...
View ArticleWashoe County insured recordings statistics – March 2015
Below please find Washoe County, Nevada resale, new home sale, and refinance insured recordings statistics for March provided by our friends at Ticor Title of Nevada, Inc. Commentary from the report:...
View ArticleWashoe County insured recordings statistics – April 2015
Below please find Washoe County, Nevada’s insured recordings (resales, new home sales, and refinances) statistics for April provided by our friends at Ticor Title of Nevada, Inc. Commentary from the...
View ArticleHere come the new agents!
Wow! The number of new real estate licensees in Washoe County has grown more than 10 percent since the beginning of the year. According to the most recent real estate statistics from the Nevada Real...
View ArticleWashoe County real estate agents continue to increase in numbers
Since turning the corner in August 2014, the number of Real Estate Licensees in Washoe County continues to in climb. The numbers reported by the Nevada Real Estate Division show that for September...
View ArticleMLS adds “Days to Contract” metric
The Northern Nevada Regional MLS recently added a “Days to Contract” metric to its database. What is the Days to Contract metric? It is the number of days that a property was listed prior to going into...
View ArticleNevada real estate licensees continue to increase
The number of people obtaining their Nevada real estate license has been climbing steadily since the spring of 2014. [See Nevada real estate licensees on the rise] After the collapse of the housing...
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