News for the Reno Real Estate community…
Flippers are loving the lack of inventory. 577 from January to June of 2012. The majority most likely from NRES-NV1 LLC.
Reno/Sparks had 517 in August 2012.
Very sad that heated arguments over HOA rules can lead to murder (alleged).
Fannie Mae and Freddie Mac G-men are cracking down.
I commend their guts for going after the FDIC and Treasury.
Low mortgage rates the top reason investors are buying right now.