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
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