Reno Home Financing Myths

Stephanie Hanna of Academy Mortgage dispelling some of the myths about current home financing and how much you have to put down. Today is October 13, 2010 and Bank of America is announcing they will be halting all foreclosures until they can investigate whether there was improper signing of foreclosure documents to push the process [...]

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Reno Real Estate Values down by 7%

I’m not talking about sales values or sales volumes, what I’m talking about is the County is reducing property values (taxable value) by 7%. Assessed property values in Washoe County for 2010 to 2011 could tumble by $2 billion. County officials are lowering assessed property values which are 35% of appraised values by 7%. This [...]

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The Hartford is coming back to Reno

After leaving in 2007 the Hartford financial services will be leasing almost 29,000 square feet on Double R Bld. and employing 150 people. The economic impact to the area will be roughly 12 million dollars and we welcome them with open arms. EDAWN is  responsible for bringing them here along with another 12 companies since [...]

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My kitchen granite is HOT!

     No really, it could be radioactive.     That was the news story this morning in the NY Times and on the Today Show. You could have low levels of radiation and/or radon in your granite counter tops.   OK, just get me the disclosure form and move on.   Back in the seventies [...]

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Flying J denied in Northwest Reno

Wednesday, June 18, The Planning Commission denied Flying J’s application for a master plan amendment to the McQueen Neighborhood Plan to rezone a parcel located at I-80 and Robb Drive from Single Family Residential  (large lot residential) to Special Planning Area. I am not denying that the truckers need a place to stop, eat, sleep, [...]

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General Market Trend in Washoe County

For the month of January the fed has dropped the rate by a total 1.25 basis points. There are a lot of buyers out there right now, as soon as we get a break in the weather we are going to see a surge in home sales. They have had enough of the holidays, the [...]

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Lakeridge master plan disputed

Lakeridge homeowners are appealing a Reno master plan change for the proposed 577 unit Positano project. The home owners are saying it could be built without a change allowing for much higher residential densities. They are also saying that improper procedures occurred at the Reno planning Commission meeting when some commissioners change their minds just [...]

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City of Reno gives developers a way out

The city of Reno is allowing developers to abandon their unfinished subdivisions and avoid the high cost of continuing projects that are not selling in the current slow housing market. Under the new policy approved by the council, developers must secure the vacant lots and prevent erosion, dust and other code violations on the properties, [...]

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