Henderson Nevada Bank Owned Homes: Inventory Update, 06-27-09 - 06/30/09 11:59 AM
Is this the calm before the storm in the Henderson Nevada bank owned homes market? Our inventory levels have shown very little movement through June. With the recent end of the foreclosure moratorium, we keep looking for signs of the "second wave" of REOs, but have not seen it yet.
Henderson Nevada REO Inventory, 06-27-09
Because of the limited inventory and the great perceived value by both investors and first time buyers, activity on Henderson bank owned homes is extremely competitive. Be prepared to write offers on multiple properties and/or above list price if you want one of these homes.
If you'd like more info about … (3 comments)
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Henderson Nevada Bank Owned Homes: Activity by MLS Area - 06/27/09 11:54 PM
If you're looking for a Henderson Nevada bank owned home, you'll likely break down your search by areas of town. The GLVAR MLS system divides Henderson into six areas numbered 601 to 606. The table below shows that although area 606 has the lowest percentage of REO listings, it has the greatest REO activity.
Henderson Nevada REO Activity by MLS Area, 06-21-09
Investors and first-time homebuyers are attracted by very low list prices, but that also creates intense competition. Several neighborhoods have bank owned homes priced at pre-2000 levels. If you're looking at Henderson REOs, be prepared to write offers on multiple properties and/or above list price.
… (1 comments)
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New Look for the Rain? - 06/27/09 11:16 PM
Have you noticed the new design on the login page for ActiveRain? The color scheme is slightly different; a few clouds have been added; navigation is in a menu form rather than text links; the buttons are rounded instead of rectangular; and the Business Builder categories are much more prominent.
I'm curious to see how these design changes will be applied to other pages within the site. What do you think of the new look?
… (19 comments)
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Social Networking For Dogs - 06/26/09 09:43 PM
In honor of today being "Take Your Dog to Work Day", my Sheltie wanted to get the word out about Dogbook -- a Facebook application for dogs. Here is a screenshot of Sundance's profile:
Dogbook has over 500,000 active users who Sundance can share info with about favorite parks, favorite treats, and other aspects of a dog's life. I just wish that someone would invent a paw-friendly keyboard. Some of Sundance's posts need a lot of editing. Now that this one's finished, we're headed to the park!
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Henderson Nevada Bank Owned Homes: Inventory Update, 06-20-09 - 06/24/09 02:46 AM
Looking at the inventory levels of Henderson Nevada bank owned homes over the last few weeks it would be very easy to conclude that our market has stabilized. And we have ... but it is a very fragile stabilitiy, and my personal opinion is that we'll still see REOs play a big role in the Henderson market for at least 12-18 months. We keep hearing phrases like "shadow inventory" and "second wave", and neither of these are positive indicators.
Henderson Nevada REO Inventory, 06-20-09
Investors and first-time homebuyers are attracted by low list prices, but that also creates intense competition. Several neighborhoods have bank owned homes priced … (1 comments)
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Henderson Nevada Bank Owned Homes: Price Points - 06/24/09 02:45 AM
Both first-time buyers and investors are attracted to Henderson Nevada bank owned homes by their low prices. But just how much value do these homes offer? The median selling price for all Henderson Nevada homes in May was $200,000. Six out of ten Henderson REOs are priced at or below that level. Here's the current inventory:
Henderson Nevada REO Inventory, Price Points 06-14-09
If you're ready to enter the Henderson bank owned home market, be prepared to compete. Inventory is at its lowest point in the last 12 months. You should also be ready to repaint, replace flooring, buy appliances, and do minor repairs, as very few … (2 comments)
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ActiveRain Reaches 150,000 Members - 06/20/09 12:39 PM
On June 19, 2009 the ActiveRain Real Estate Network reached the 150,000 member mark. Congratulations to Jonathan Washburn, Bob Stewart, Matt Heaton, and the entire ActiveRain Team on this monumental accomplishment! Your vision, passion and dedication to building this extraordinary real estate community are unparalleled.
Founded in 2006, it was less than a year ago, on July 25, 2008 that ActiveRain passed 100,000 members. Since then, the network has rocketed to 150,000 in under 11 months, an annual growth rate of over 50% and an average of over 4,500 new members per month.
I'm sure the AR Team has several plans in the works to … (41 comments)
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Henderson Nevada Bank Owned Homes: Inventory Update, 06-13-09 - 06/14/09 12:14 AM
Inventory levels of Henderson Nevada bank owned homes showed just a very slight decline since last week. Low list prices have attracted investors and first-time homebuyers, creating intense competition and enabling us to keep up with new inventory released by banks. If you're looking at Henderson REOs, be prepared to write offers on multiple properties and/or above list price. Here's the current inventory for Henderson homes:
Henderson Nevada REO Inventory, 06-13-09
Several neighborhoods have bank owned homes priced at pre-2000 levels. Today's Henderson real estate market offers great value for first-time buyers, vacation and second home buyers, regular buyers, and investors. However, with prices being so affordable, specific homes are only … (2 comments)
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Now You See It, Now You Don't - 06/13/09 11:27 PM
I recently shared my Google success from the post Henderson Nevada Bank Owned Homes; Inventory Overview, 06-06-09. Within twelve hours, that post was ranked #2 on page 1, but a few hours later it slipped to ninth. Three days later, I couldn't find the post within the first 25 pages!
In just 72 hours, my ranking went from page 1 to this:
Well, maybe not exactly like this ... there were 250+ other results for "Henderson Nevada bank owned homes" and I still hadn't found mine.
Gardnerville NV real estate agent Christianne Gordon … (12 comments)
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Keyword Rich Titles + ActiveRain = Page 1 Results - 06/07/09 05:12 PM
In yesterday's webinar about RealBird and ActiveRain, Katerina Gasset touched on the importance of writing keyword rich titles for our blog posts. It's advice I've heard several times before, but don't always have front of mind when a post idea hits me. Sometimes I just write.
Last night I wrote the first in a series of posts about the Henderson REO market titled "Henderson Nevada Bank Owned Homes: Inventory Overview, 06-06-09". It's just a quick intro, a few paragraphs and some basic statistics.
This morning, only about twelve hours from publishing the post, I searched Google for "Henderson Nevada bank owned homes" … (55 comments)
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Henderson Nevada Bank Owned Homes: Inventory Overview, 06-06-09 - 06/06/09 11:10 PM
News anchors and newspaper headlines are trumpeting the return of housing affordablity to the Las Vegas valley. A big contributor to that is the large number of bank owned (REO) homes that have been sold over the last 12 months. Here's how the current inventory breaks down for Henderson Nevada homes:
Henderson Nevada REO Inventory, 06-06-09
In several neighborhoods, bank owned prices are less than homes were selling for in 2000. Are there great values in Henderson bank owned homes? Absolutely, but be prepared to write offers on multiple properties and/or above list price. This sector is very competitive. … (3 comments)
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Sun City Anthem real estate - May, 2009 market report - 06/05/09 02:45 PM
Sun City Anthem is an age-restricted community of one-story homes, from 1,080 to over 4,000 square feet, built from 1999 to 2008. For more information, or to buy or sell a home in Sun City Anthem, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.
(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)
… (0 comments)
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North Las Vegas Real Estate - May, 2009 market statistics - 06/04/09 08:04 PM
Listed below are the current inventory and May, 2009 statistics for home sales in the North Las Vegas Nevada real estate market. If you have any questions or need more information about real estate in North Las Vegas call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!
Total Homes Available:
2,343 (as of June 4, 2009)
Single-Family: 2,173 (3.0 month supply*) Condo: 93 (3.3 month supply) Townhouse: 77 (3.0 month supply) Total Contingent and Pending Sales:
2,477 (as of June 4, 2009)
Single-Family: 2,335 Condo: 64 Townhouse: 78 May, 2009 Sales:
GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103.* - … (1 comments)
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Henderson Nevada Real Estate - May, 2009 market statistics - 06/04/09 08:00 PM
Listed below are the current inventory and May, 2009 statistics for home sales in the Henderson Nevada real estate market. If you have any questions or need more information about real estate in Henderson Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!
Total Homes Available:
2,042 (as of June 4, 2009)
Single-Family: 1,626 (3.9 month supply*) Condo: 252 (5.4 month supply) Townhouse: 164 (4.1 month supply) Total Contingent and Pending Sales:
1,735 (as of June 4, 2009)
Single-Family: 1,429 Condo: 172 Townhouse: 134 May, 2009 Sales:
Previous reports: Henderson Nevada Real Estate - April, 2009 market statistics Henderson Nevada Real Estate - March, … (0 comments)
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Las Vegas Real Estate - May, 2009 market statistics - 06/04/09 07:54 PM
Listed below are the current inventory and May, 2009 statistics for home sales in the Las Vegas real estate market. If you have any questions or need more information about real estate in Las Vegas, call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!
Total Homes Available:
9,242 (as of June 3, 2009)
Single-Family: 6,479 (3.2 month supply*) Condo: 2,102 (4.9 month supply) Townhouse: 661 (4.2 month supply) Total Contingent and Pending Sales:
8,083 (as of June 3, 2009)
Single-Family: 6,363 Condo: 1,290 Townhouse: 430 May, 2009 Sales:
GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.* - Supply … (0 comments)
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