Reno Real Estate Roundup 7/27/2012

Nevadans About Even on Strategic Default- RGJ

I didn’t even read the article because the RGJ is usually about 2 months behind what’s happening so let me know how good it is.

Zillow Says Home Values At Bottom- Bloomberg

This is concluded from four months of rising home values. Which leads us to….

…NAR Urges Lenders To Release REOs- InmanNews

So Zillow says we’re at bottom while NAR is begging lenders to dump their shadow inventory on the market. Did Zillow take into account this shadow inventory?

Why Isn’t Your Short Sale Closing?- Housing Wire

Second lien holders unwilling to release their right.