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Reno Real Estate Blog

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Well, Reno built one why can’t Sparks follow its big brother and be able to have a little white water fun?  It was an overwhelming success in the downtown Reno area and was a catalyst for the downtown re-gentrification. The problem, according to the Nevada office of the U.S. Fish and Wildlife Service, is that it threatens the ability of Native fish to return to their spawning grounds. The big difference in the two projects is that the Reno Park was built on an already disturbed section of the river, where as the Sparks section is undisturbed and offers some of the best fish habitat in the area.

 

The truckee river winds 116 miles from Lake Tahoe to Pyramid lake.

 

The 2.2 million dollar project is expected to open next spring and is to

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That’s right! They owe more that their homes are worth. A good chunk of that is attributed to Las Vegas and their declining values, but in spite of that it is a very troubling statistic. The average “Joe the homeowner” is teetering on the edge, if they get transferred or lose their job what are the choices if they do not have the money to pay the difference in what they owe and what they could sell for. Nationwide the statistic is 20% of all homeowners owe more than their homes are worth.

 

There is some good news!  The number of trustee sales and notice of defaults are down from August to September this year, which hopefully will mean the steady flow of foreclosures coming on the market is starting to decline.

 My gut feeling for the next 12…
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