Banked owned properties (REO’s) make up a substantial part of Incline Village’s real estate market. One need not to look too far to come to the same conclusion. Just take a peal at a few of the listings below. Within the next few weeks we will publish February’s official sales numbers. Our preliminary figures show that 24.5% of all February closings in Incline Village were bank owned Continue Reading
Market Update For Week of 8/23/2010
The tide is turning. You know the market is shifting in to a higher gear when you receive multiple offers on a listing. If you think it is only REO properties that are garnering attention, think again. Our new luxury property listing at 120 Manalo Street (see Featured Property above) is also attracting considerable attention. Our real estate market in Incline Village is cyclical. Remember Continue Reading
Market Update
The market continued to show signs of improvement with more new Pending Sales this week than the previous week. The news was not all positive, however, as the number of Active listings also increased. So, in the face of bleak economic news, and mixed real estate indicators, you might be asking yourself, “Why buy now?” Here are several good reasons why it might make sense for you to buy Continue Reading
Market Update
In September and October 2010, several lenders suspended foreclosures in two dozen states due to questions about whether foreclosures were being processed consistent with applicable state law requirements. Concerns are being raised by the state and federal elected officials, as well as consumer and fair housing groups, about the validity of ownership of mortgages that have been securitized and Continue Reading
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