February 2013

There are 1 blog entries for February 2013.

Reno-Tahoe Housing Update - February, 2013

Last month, I posted an annual recap of the market. This month, we'll get back into the specific summaries on a market by market basis. In general, the theme remains the same: lower inventories, continued high buyer demand, and increasing prices. Each of the local markets will have different characteristics but all are generally consistent on the latter traits.

We are seeing an increase in the Notice of Defaults being filed by the banks to start the foreclosure process. I am including a chart from Ticor Title that shows these numbers in the context of the impact from AB-284 (October, 2011) and how this has slowly recovered to about 1/2 of what it was prior to the AB-284 impact. Here is the

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