Reno Housing Bubble Location Based?

The front page of today's paper (RGJ) says, "Sales of new homes jump".

I blogged about Lennar having a tough time selling homes in Reno and as you can see, the RGJ article proves this,

"Lennar, which bought Reno-based developer Barker-Coleman last year, has seen strong sales in certain submarkets in south Reno and the North Valleys, but has had a more difficult time with its communities in Spanish Springs."
The article goes on to say that the sale of homes in Washoe County went up during the first quarter of 2006.

Reno Gazette Journal

posted by author @ 7:54 PM,

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    Is there a Housing Bubble? Is Real Estate still a safe investment?
    I don't have these answers, but I do have a whole lot of evidence that realtors are resorting to 'unusual' tactics to drum up business.

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