Reno-Tahoe Housing Market Update - March, 2012
Welcome to the March, 2012 market snapshot. The February/March market stats are, for the most part, a continuation of conditions we have been seeing for some time. From a 'feet on the street' perspective, all of our agents are seeing a marked increase in competition among buyers in the price ranges at $150K and below. This phenomenon, of course, leads to buyers having to pay list price or over in order to secure those properties that present the best value. Even though the market is not yet in a price appreciation mode, it feels like price stabilization/appreciation at the lower price ranges is not far off.
AB 284 Progress Update (Foreclosure Market Segment)
For more background on Assembly…