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report: Where have I been? - 12/29/07 11:23 AM
I have been so busy with the REO side of business I haven't had any time to write. Lately I have been getting 30-50 Broker Price Opinion requests a week. Add to that the 20 something clients I am still working with and sitting still long enough to write on the blog is a dream.
Just wanted to share somehting that I haven't seen in a while. Multiple offers on houses. I have a few clients in the sub $200K range who have been looking and we have been writing offers on REO listings. We are looking at properties that have just been … (0 comments)
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report: City Center Power Bill. - 08/30/07 06:36 PM
I got this info from one of my title reps. I am still trying to validate the numbers. Although they seem quite high, this very well could be correct....
Daily power bill - $300k
1/3 of buyers are local. 1/3 from California.
They estimate 20 to 30% of their buyers will live there full time.
Avg price is $1,600 per sqft.
$1.4 billion in sales so far
Construction cost is about $4 million dollars a day and will increase to $7million per day! (WOW)Currently 4000 men working on the job site. This will be increased to 7000 in March
They have a seven person team that does … (0 comments)
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report: Interesting comment on Southern Nevada Economy - 07/12/07 10:10 AM
Every month I get the UNLV CBER (University of Las Vegas Center for Economic Research) Indices report which contains information on trends, historical data and forecasting on Southern Nevadas economy as well as comaprisons with Las Vegas, Clark County, Nevada and national economic growth.
There was a comment in one of the reports that said:
The CBER Clark County Business-Activity Index has slowed from a strong pace to a more moderate rate of late. In April, the rate was up 0.42 percent from March and only 1.62 percent from the same month a year ago. We attribute continued growth to strong construction along the Strip and … (0 comments)
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report: Las Vegas Real Estate Stats... Do the math. - 05/30/07 06:15 PM
I'm going to show you some numbers that will give an idea of what is really happening with the Las Vegas housing market and not a bunch of speculative PR junk. At the end, however, I will do a sales pitch. ;)
25,018 Homes, Condos and Townhomes for sale in the Las Vegas valley (Las Vegas, Henderson, North Las Vegas, etc. not including Boulder City or Pahrump) GLVAR MLS right now.
2,117 solds in the las 30 days.
That gives an absorption rate of 11.82.
What that means is a property listed today should sell in about 11 to 12 months... in a mathematical world where no new listings are taken. Some other factors to consider are area, … (0 comments)
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report: Las Vegas Single family Sales Statistics for April 1st - 30th 2007 - 05/14/07 12:21 PM
Click here for a full report on Las Vegas Real Estate Sales Statistics
To find out what your home is worth click here.
To get properties emailed to you the second they are listed click here.
… (0 comments)
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John Calvert
Boulder City,
NV
More about me…
Desert Sun Realty
Address: 1220 Arizona St, Boulder City, NV, 89005
Office Phone: (702) 293-0001
Cell Phone: (702) 324-7133
Email Me
Las Vegas Real Estate reports, appreciation and events that affect the housing market.
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