All Categories

About 40% of all evictions in Washoe County are tenants who have done nothing wrong. They pay their rent and then the sheriff shows up at their door to give them 3 days to move out. The owner of the home did not make the payments and the unsuspecting tenant gets the boot once the foreclosure is final. If you are one of these landlords please contact your tenant and let them know what is going on. Yes, you are mad at the bank, the economy, whatever, there is no reason to possibly put good, har... Read Full Post

Just listed...2580 Edgerock for $780,000 with over 3500 square feet of totally upgraded living space. The seller has put over $50,000 just in the kitchen and completely remodeled every bathroom with lots of tumbled stone and exotic tiles. This is one of the units that was built by Altmann Construction overlooking Lakeridge golf course with unobstructed views of the city and mountains. The great thing about this unit is that you walk in on the main level and most of your prime living space is ... Read Full Post

There will be 300 foreclosure that will be sold this week in Nevada, 39 of them will be in Reno and the rest will be in Las Vegas. Banks are increasingly turning to auction companies like Hudson and Marshall to sell their vast inventories of unsold foreclosures. According the National Associaion of Realtors in the fourth quarter of 2008 45% of all real estate transactions were foreclosures. Nevada lead the charge with a 133% increase in sales in the fourth quarter of 2008 over the same period... Read Full Post

One of the biggest questions I get when selling real estate is, "Will my property taxes go up when I buy a home". The answer is "No". We are not a prop 13 or market value state like California which puts your tax at 1% of the sales price and stays there until you sell the property. If you bought your property 30 years ago and paid $100,000 your annual taxes are still $1000 per year, where as your neighbor who just paid $700,000 for the house next door is paying $7000 annually for his taxes. D... Read Full Post

There are some homes in our area that are taking a beating, literally. Some disgruntled homeowners are taking out their frustration on the home as they are going through the foreclosure process as their castles are being taken from them. Appliances, fixtures, windows, door handles, whatever they can pry loose or load in their truck is what some of these unhappy homeowners are taking with them. As their dream of home ownership comes to an end, so does the condition of the home. It does not hap... Read Full Post

5 star quality at a 3 star price according to John Graham of Dickson Realty, Colin Smith and his wife Mary Beth have created the new hot spot in Somersett. Colin’s many years experience as a chef in the area is paying huge dividends and their motto of everyday gourmet is just what Somersett was looking for. They started with the Roundabout market which they are turning into a gourmet pizzeria with home delivery to all of Somersett plus the market will still have the staples you need if you ... Read Full Post

In these crazy times you are going to get lots of calls from people wanting to help you with your mortgage troubles. Be extremely careful as these people will tell you what you want to hear to get you out of trouble. Once there is a notice of default recorded it is public record that you are in trouble. There are people out there who will take advantage of you in this situation. My policy is that I do not do business with anybody who has come to me via a sales call on the phone. If you need h... Read Full Post

From this October to last October sales in Washoe County have increased by 47%, but October of 2007 was a horrible month for sales. In this uncertain market any increase is a good one. There were 348 sales in Washoe County this past October, of which half of them were foreclosures. The other bad news is the median price is down 22% from October of 2007. The median home price in Reno is $274,000 and in Sparks it is $215,000. Right now approx. 50% of all the homes on the market in Reno and Spar... Read Full Post

Read Full Post

Good news! You are getting more shifts and can let that pesky real estate license expire. But you thought it was going to be so easy to just jump in there and sell all your friends and family a house. In these tough times buyers and sellers are turning to seasoned professionals who have been through tough markets before and have the know how to get their property sold. I do feel for the agents that work hard and are having to get a part time job to keep up in this market. You do what you have... Read Full Post