The median home price in Reno-Sparks has generally increased, but the number of available homes remains significantly lower than during the same period last year. Last month showed a contrast between the two cities: Reno experienced a decline in the median home price for the second consecutive month, while Sparks saw an increase. Despite Reno’s […]
Properties that fall into the foreclosure category are those that lenders have repossessed after homeowners fail to make timely mortgage payments; that is, they are properties of delinquent borrowers. Undoubtedly, these foreclosed properties are highly sought after in the real estate market, especially by future buyers with a limited budget to acquire one of them. […]
According to the latest findings from the real estate research group ATTOM, foreclosure figures across the country have been decreasing this year. However, the state of South Carolina, specifically the capital city of Columbia, stood out with one of the highest foreclosure rates. Columbia ranked second in the list of foreclosure rates among the metropolitan […]
This year’s home sales activity has dropped more than initially expected, but the outlook looks somewhat better for next year. Meanwhile, the average home price in several areas of Southwest Virginia and Virginia Beach is increasing faster than the statewide rate in Virginia. According to the Virginia Association of Realtors (VAR), Virginia’s home sales activity […]