Reno-Tahoe Housing Market Spotlight - October, 2012

Below is a summary recap of housing market conditions throughout the Reno-Tahoe region for September/October 2012. We are continuing to see tight inventories and stable to increasing prices over the recent months.

Bank Foreclosure Update - Ticor Title publishes a chart each month that shows trends for Notices of Default, Notices of Sale, and Bank/Foreclosure Inventory. If you are a regular reader of this blog, you know that the Notices of Default dropped significantly in October, 2011 due to the AB-284 law going into effect. For several months, it has been appearing as though this law would have a long term impact resulting in REO inventory levels dropping to about 10% of what they were prior

Chichester Real Estate Snapshot - Gardnerville, NV

This market update focuses on Chichester in Gardnerville, NV. Chichester features approximately 800 single family homes. New home construction started in Chichester around 2003. The community offers a great balance of affordability and proximity to schools, shopping, and nearby recreation and parks such as Lampe Park, Heritage Park, and Stodick Park. Chichester features single story and two story homes with most on an average lot size of .15 to .2 acres. Chichester homes do have CCRs and belong to a homeowner association with a very modest fee to cover limited common area maintenance - there are no community amenities.

View Chichester Homes for Sale

Chichester Housing