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September 7, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions
Reported by Diane Cohn


Reno, Nevada
as of 8/9/2008:
Sales in July 2008 were up 9% compared to July 2007. The under $300K range held at nine months' supply, despite a 7% increase in inventory. Meanwhile the $300K-$500K realm held at 11 months, aided by a 9% decrease in inventory. Again the worst... MORE->

Sparks, Nevada
as of 8/9/2008:
Sales in July 2008 were up 9% compared to July 2007. The under $300K range held at nine months' supply, despite a 7% increase in inventory. Meanwhile the $300K-$500K realm held at 11 months, aided by a 9% decrease in inventory. Again the worst... MORE->


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Mortgage Rates
30 Year Fixed: 6.40%
15 Year Fixed: 5.93%
1 Year Adj: 5.33%
(U.S. Weekly Averages)

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