January 2013

There are 1 blog entries for January 2013.

Reno-Tahoe Real Estate 2012 Annual Review

This post will focus primarily on 2012 in the context of years passed. The year was full of substantial changes which I have touched on over the last several months (AB-284 impact, tightening inventory, increasing prices, intense buyer competition at low to medium price ranges, etc). Before getting into the numbers, see below for a few comments:

AB-284 Update: While there will likely be discussion and some possible changes to this law, the real estate community is expecting those changes to be slight. We are seeing a revived increase in the number of Notice of Defaults that are being filed - 237 in December which is about 1/2 of the number being filed pre AB-284. I'll keep you posted on this as news

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