REO flood in 2009 ! - 06/28/08 09:10 AM
REO flood in 2009!
I just interviewed one of the mega REO brokers here in the Las Vegas area.  His name is Tom Blanchard and he is currently handling approximately 500 REOs.
During the interview it came up that the largest "Re-Set" of sub-prime loans was to hit the country in October of 2008. He further suggested that it would be six to nine months later that the largest number of REOs would hit the market.  Mr. Blanchard predicted that the markets recently affected by "market Shifts" would take their last dip in value sometime in 2009.
The good news was … (2 comments)

Real Estate Broadcast and update from Las Vegas, Nevada - 06/18/08 08:16 AM
I, JC Melvin, am featured in one of my weekly shows, RealEstateLive.TV from Las Vegas, Nevada.  This clip is two minutes long and is only a sample...Let me know what you think! Get a look at the stats in the Las Vegas Market, what the investors are doing and what the buyers and sellers are doing.  Some weeks there are guests and some weeks there are not....but the show is always informative and up to date....Thought I'd begin to share my broadcast on my blog here at Active Rain for three reasons. 1. Many folks continue to ask how the market is here in Las … (0 comments)

Costa Rica Report - 06/14/08 09:53 AM
Costa Rica Report
 My wife and I took the trip in June 2008.  We stayed at a friend's condo (3 bed - 3 bath), our friend who is also an agent at Keller Williams in Las Vegas. 
 Our friend, Jilan, is planning on retiring with her husband Tony in Jaco on the west coast of Costa Rica.  It was a very relaxing 6 days with a touch of rain for about two hours per day.  (June is the beginning of the rainy season).
 Because it is so close to the equator, the temps are fairly constant (70 to 80 degrees … (4 comments)

Costa Rica Real Estate Trip! - 06/01/08 10:16 PM
Well gang I am pretty excited as my wife (also an agent) and I are off Monday morning (June 2, 2008) to Costa Rica. We will be staying Jaco and looking at Real Estate.  Many agents from the states are setting up shop in Costa Rica and/or working as part time agents there.  It does not require a license and there are some fantastic (most guard gated) communities.  One of my top agents owns a 1800 sq ft condo several blocks off the beach and intends to retire there in a few more years... My wife and I are going to … (2 comments)

 
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JC Melvin

Las Vegas, NV

More about me…

JC Melvin, Expert Witness & Keller Williams

Address: Las Vegas, NV, 89120

Office Phone: (702) 454-9822

Cell Phone: (702) 595-5024

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