Reno Real Estate Roundup 9/21/2012

reno real estate newNews for the Reno Real Estate community…

“Flip” sales rise in Reno/Sparks-

Flippers are loving the lack of inventory. 577 from January to June of 2012. The majority most likely from NRES-NV1 LLC.


August Home Sales at 27 Month High-

Reno/Sparks had 517 in August 2012.

Deadly HOA Meeting-

Very sad that heated arguments over HOA rules can lead to murder (alleged).


Strategic Defaulters Need To Watch Out For the Mortgage Police-

Fannie Mae and Freddie Mac G-men are cracking down.


Attorney Generals Are Suing Over Dodd-Frank Bill-

I commend their guts for going after the FDIC and Treasury.


Low Inventory Not Scaring Investors-

Low mortgage rates the top reason investors are buying right now.

Ricky Beach


Renown Real Estate Services

6900 South McCarran Blvd., Suite 3040

Reno, NV 89509

| Office:(775) 313-9600 |  Cell:(775) 750-1437  | Fax:(775) 562-4779  |

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