No big news on the Foreclosure Status Report – January = December.
NODs remained virtually unchanged at 236 in January from 237 in December, up from the 152 in November. NOSs came in at 136, down a bit from 145 in December and 154 in November. TDs fell slightly to 71 in January from 79 in December and 86 in November.
Some more interesting things:
– Del Webb’s Sierra Canyon sold 40 SFRs in their final Village 10 of the original Sierra Canyon project in 2012. They pulled 9 additional permits in January (all on Del Webb Parkway West), as well as 4 on DWPW and 2 on Summertree completing the sales center area in December. There can’t be more than 20 lots left before SCII will have to kick off. Site work on Village 11 is well underway.
– Keystone Community – I wrote a bit about the Keystone Community over on TOB. What is currently proposed on the eastern portion of the site – 203 unit of student oriented housing. HERE is the site plan. You can access the more complete document that went though Planning HERE.
– 8220 Standing Stone – This is a gated lot in the “exclusive” Boulders area of the Sette. It originally sold for $488,835 in 2006, before being resold as a foreclosure for $45,000 6/2012. More than a 90% drop in value. A site grading permit was issued last week.
– The Diane Unit – Diane Cohn started blogging about Reno real estate before blogging was cool. Over her years, the “perfect for entertaining” and “this one won’t last” morphed into “has a safe room”. The end may have come when she spied a fellow realtor ripping out their shrubbery pre-foreclosure over the fairway as she was burying gold ingots in her backyard. She quit Reno, went on to pen the slit your wrists tofumary blog (now locked), found out that Big Macs cost more in Ecuador than in Sunnyvale, and is now back in Incline pimping high end real estate, since they aren’t making anymore. Quite a ride.
I think I found the original RRB through a mention on the RGJ back in 2006, and was fascinated. “GreenNV” became a frequent commenter, and was eventually asked to become a blog author/contributor. And boy, did I stir the pot! But when RRB became marketing instead of community comment focused, it was time to move on. You can still access the original RRB HERE.
Best of luck Diane!
REreno 
Diane Cohn said:
Um, yeah, Mikey… you forgot the part about guns and ammo, silver, food and water. But since Ben Bernanke’s printing money like there’s no tomorrow, and California’s taxing the crap out of every successful business person that ever turned a meager profit there, I figure Incline’s a good place hang out for the next few years until Fukushima blows and it’s time to head down to Patagonia. Got prepper property? 😉
Sully said:
You forgot to mention California also taxes the crap out of the rich, “the rich” being anyone with an income and don’t forget the public pensions. Can you say “Greek”!
BanteringBear said:
Mike-
Myself and others might be inclined to post more often if you put some goddamned color on the margins of the page. My eyes burn from the stark white. That said, I think this is the best blog of the 3 mentioned. I’ll have to keep an eye on Diane’s to see where that goes. Hopefully it doesn’t morph into another shill site. Reno Realty Blog is DEAD. Throw some dirt on that rotting carcass.
Diane Cohn said:
BB, disagree. I think Mikey’s classy white design is restful on the eyes and conveys, hire me, I have taste that can turn your cat pee shack into a cat pee palace. That, plus, crappy visuals don’t distract from the topic at hand. I also agree this is a great place for conversation, and it’s a plus that Mikey isn’t constrained by annoying factors like not saying anything bad about [insert local bonehead here] due to concerns surrounding the politics of answering to his overlords–some broker and/or the Nevada Real Estate Division, whomever (I think his dogs are his only overlords)… My two-cent vote is to keep the conversation here and put your sunglasses on if there’s too much whitespace. If i go all schill on you, then bitch-slap me here, I’ll be reading. You’re like my honesty-meter. Was thinking of doing a bear’s den post every once-in-a-while with all the crappiest housing news I can find, just because… I like to consider the contrarian viewpoint, and, you know, it’s BB bear bait, but really, now that I’ve thought through it, I think the local conversation is best laid here. Love u bb… keep crapping on the kool-aid drinkers, even if it’s me… 😉 And, Mikey? My turn to be the flame-thrower, just looking for a match… Bwaha-ah-ah-ahhhh!!!
Carleton said:
Oh for the days of the old RRB. When it was blog with the balls to allow the truth to be told. The current RRB is now nothing more than a complete shill site. It used to have historical median price data going back several years. Now, it goes back one year only. So one would think that real estate in Reno only goes up in value, never down. One would never know from anything on the RRB that the median price of a house in Reno is now, even after the past 12 months, still down 50% from the bubble high in 2006.
Little wonder the RRB gets 4 comments a month.