Existing home sales in Washoe County rose 2 percent in August from July but fell 7 percent from August 2011, a Reno/Sparks Association of Realtors report today shows. The report also shows the median sales price on existing homes in August rose 6 percent from July to $175,000. That also marks a 14 percent rise [...]
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Underwater Reno and Sparks homeowners saw a slight improvement in their equity with improved home values and fewer foreclosures on the market. During the second quarter of 2012, 49.2 percent, or 46,070 residential properties, were “underwater,” owing more on their loans than what their homes were worth, according a report released Wednesday by data provider [...]
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