information: Las Vegas Real Estate Update from the Trenches. - 03/27/11 07:40 PM
Good Sunday Morning-
I have been showing a lot of homes at Siena in Summerlin, an Active Adult Community, where we live, in the Las Vegas Valley. An interesting phenomenon is taking place here as there are only 63 active listings available FOR SALE. As you read through this e-mail, feel free to click on the links to see the properties and websites that more clearly define my content.
As of the time I'm writing this e-mail, there are 5 Town homes on the market, priced from $132,000 to $288,000, and 58 Single Family Homes that are priced from $169,000 to … (0 comments)
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information: As Time Passes, Shadow Inventory will be Sold off to Baby Boomers - 02/17/11 11:04 AM
Dear Readers,
So far, we have been very busy in 2011. Home prices have pretty much stabilized and have even gone up in some parts of the Las Vegas Valley. You can read more about this phenomenon in an article written by Hubble Smith in the Las Vegas Review Journal entitled:
Parts of the Las Vegas Valley see Home Prices Improve in 2010
So here is my Shadow Inventory Story and I'm sticking to it!
Many are under the impression that we are going to get multitude of homes in the Las Vegas Valley dumped onto the market that fall under … (1 comments)
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information: An Invitation for Baby Boomers to Follow Whats Going on in the Las Vegas Valley Real Estate Market on Facebook. - 01/24/11 01:30 PM
I would like to invite you to join Siena in Summerlin Las Vegas on Facebook.
This page was created, on the Facebook Social Network for followers (resident or non-resident) that enjoy sharing positive views about living and/or visiting this beautiful Active Adult Community, post content and/or pictures of family or activities that they have participated in, access updated content and posts and learn about great deals available in and around Siena in Summerlin Las Vegas. Examples of content will include links to:
2 for 1 discounts at local restaurants. Coupons from local businesses. Articles on travel and healthy living. Articles on … (0 comments)
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information: Siena in Summerlin... One of the Best Communities in the Las Vegas Valley.! - 01/16/11 04:00 PM
I would like to introduce you to the Best Active Adult Living Community in the Las Vegas Valley. The name of this Community is Siena in Summerlin, a Master Planned Community located 12 miles West of the Las Vegas Strip. Siena also happens to be the Community that John & I have lived in for the past 9 years.
Now, you may think I'm being biased. I am! I show and sell Real Estate all over the Las Vegas Valley and here's why Siena stands out against the other Active Adult Living Communities.
Home prices run from around $120,000 for a … (0 comments)
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information: The Las Vegas Valley will be a Welcome Destination for Baby Boomers to Retire - 01/02/11 06:33 PM
First off! John & I would like to wish you all a Happy New Year for 2011.We are already beginning to see an improvement in the economy reflected in the article this week by Buck Wargo in the Las Vegas Sun.
Report: Economy to see slight improvements through 2012
Another good sign is the amount of calls that we receiving from Baby Boomers, who we have been sending information to during the past 5 years, that have made appointments and are ready to come out and purchase a property.
Beginning yesterday, 10,000 Baby Boomers will begin retiring each day over the … (2 comments)
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information: Positive Changes Already Surfacing for 2011 - 12/31/10 02:49 PM
There have been some positive changes coming out of the Las Vegas Valley Real Estate Market this past week and I didn't want to wait to share the following links with you.
GLVAR housing statistics show home sales, prices up in November
Report: Las Vegas economy gets sunnier
I'm not going to tell you that everything is going to rosy from here on out, but I will say that I haven't see headlines like this since the end of 2005.
Here is a link to my latest listings on Realtor.com. I just listed a couple of foreclosed side by side 1 … (0 comments)
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information: Is the Las Vegas Economy beginning to heal?? Some think so! - 11/14/10 03:28 PM
Dear Reader,
You may remember that the last blog I posted was after I thought I had a client scheduled for October 24, but it was really supposed to be the 31st and I wondered if this ever happened to you. There must have been something in my subject line to trigger opening because that e-mail has been opened and clicked more than any of the others I have sent.
In fact, my readership numbers have been steadily increasing for the past year and I want to THANK all of you who read. My goal is to organize information about the … (2 comments)
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information: Economist: Las Vegas home prices to go up slightly in 2011?? Hmmm! - 08/11/10 07:12 PM
Las Vegas Home Prices to Increase
I have a Las Vegas Sun article, authored by Buck Wargo that I would like to share if you have not seen it yet. Click here--> Economist: Las Vegas home prices to go up slightly in '11
Wow! A bold prediction on Bucks part. As I wrote in an earlier e-mail, the Homes priced from $90,000 to $200,000 are stable and creeping up a bit.
The homes from $201,000 to $500,000 are really good buys and are not dropping like they were and there are some really good loan packages for them. Homes priced from … (1 comments)
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information: The Truth About Las Vegas Short Sales From Ground Zero - 05/19/10 01:00 PM
When I interview and sign-up home owners to sell their property in a short sale the most asked question is: What is average time frame for an approval letter?
Answer: Three months seems to be the average, but it varies greatly from bank to bank and file to file. I have a real advantage in that, through my Real Estate Broker, RE/MAX Central in Las Vegas I'm able to work with Short-Sale Attorney Eric Earley and his team of negotiators at the Law Offices of Steven Serle (located in our Las Vegas location). When we get a good offer on … (1 comments)
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information: I'll Report and You Decide! - 05/04/10 01:24 PM
I have some really good information to share with you. Please click and print the report below and read on. This is one e-mail where I'll report and you decide.
Market Watch: Resale Home Inventory for March 29, 2010
I just keep reading and hearing in the news that Las Vegas just continues to be a declining market. So here is another perspective.
Dennis Smith of Las Vegas Home Builders Research reported that:
Las Vegas New Home Sales increased 37% in the first quarter of 2010 as buyers took advantage of the tax credit. 474 new home permits were issued in … (1 comments)
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information: It's Time to Hold Seminars on Short Sales for Homeowners that are "Underwater" - 04/26/10 02:07 PM
In a previous blog post, I wrote about how the Lenders are moving from foreclosure mentality towards a 3 step process to help homeowners:
Stay in their homes through loan modification or To short sell their homes if a loan modification will not work out. I also wrote about the sense of relief that homeowners feel when they realize that there is a chance for them to save their home or if they have to sell, there is a good chance that the lender will forgive the amount owed if the home sells for less than what's owed on the mortgage.
… (0 comments)
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information: A Message about Short Sales from Ground Zero - 04/25/10 05:40 PM
There are a couple of interesting articles popped up in the Las Vegas Review Journal during the past few days. Since Las Vegas has been called "Ground Zero" for foreclosures and short sales (check the numbers in Florida!), I thought I would share this information from "Ground Zero", where the experts are.
FROM THE LAS VEGAS REVIEW JOURNAL- Unfazed by numbers, analyst forecasts fewer foreclosures
FROM THE LAS VEGAS REVIEW JOURNAL- Short Sales Skyrocketing.. Trend may prevent a foreclosure wave.
I think that this will be a positive step for Las Vegas and many other markets accross the country. As we … (0 comments)
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information: Las Vegas Market Update April 5, 2010 - 04/05/10 12:14 PM
I have inserted a link to the latest Las Vegas Real Estate Market Information. Please click on the link below to download and print this information.
Las Vegas Market Watch: Resale Home Inventory Update 03/29/2010
As you can see by the report, the number of short sales is escalating by a significant number. As a matter of fact, new federal rules to speed up the short sale selling process kick in today using the Home Affordable Foreclosure Alternatives Program.
This program is set up to streamline and speed up the process for short sale and deed-in-lieu-of-foreclosure transactions. In these types of … (0 comments)
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information: A Couple of Good Articles on Las Vegas & Social Networking - 03/30/10 04:13 PM
I have a couple of good articles to share with you. Evidence that Las Vegas home prices may be on the bottom and the effect that the historic snowfalls may have on the Las Vegas Real Estate Market.
Click on the links below and make it a good week.
Analyst: Las Vegas home prices will increase 3 percent this year
In real estate, Las Vegas sitting pretty for weather-weary seniors
I have some Resale Home Inventory Numbers to share. Click on the link below to download & print out the PDF.
Market Watch: Las Vegas Valley Resale Home Inventory
Finally, we … (0 comments)
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information: Important Las Vegas Foreclosure Update for August, 10, 2008 - 08/10/08 08:54 PM
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information: Las Vegas Real Estate Numbers are in for June 2008 are In and They Look Good - 08/10/08 02:54 PM
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information: Is the Downward Spiral in the Housing Market Cause By Just a Few Cities or States? - 06/27/08 05:46 PM
I received a blog called Thoughts by Frank Schulte-Ladbeck, Professional Real Estate Inspector in Houston Texas today. One of the benefits of blogging is that you learn about what others are thinking and you have a chance to react.
I won't speak for the rest of the cities across the country, but I can speak about Real Estate the Las Vegas Valley. In my latest inquiry we led the nation in foreclosures for reasons unrelated to the rest of the economy. It's easy to blame 4 States and Cities for the economic downfall of the rest of the nation, but I … (2 comments)
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information: Las Vegas Foreclosures...An Interesting Process for Learning - 06/02/08 04:01 PM
It was quite and April and May for Las Vegas Valley Real Estate. So far June doesn’t seem to be slowing down. It’s a GREAT market for buyers! Homes currently in escrow that are scheduled to close have doubled over the past 2 months. That’s the good news! The not so good news is that all the homes on the market from foreclosures are keeping prices down. So if you’re a seller that’s not in a hurry, WAIT!
Now, a thought or several about the buying process for a foreclosure. I have shown well over 100 foreclosures and put … (0 comments)
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information: Up and Off the Bottom! At Last, Positive Signs in Las Vegas Housing. - 05/07/08 06:03 PM
Dear Mary Kennedy Newsletter and Blog Reader, April and so far in May have been very busy. The people working around me have been busy as well. So I have been wondering why the news reports have not reflected the busyness that I have been experiencing. Then, all of a sudden here comes good old Hub Smith from the Las Vegas Review Journal with a story integrated with the Greater Las Vegas Association of Realtors data this morning and guess what? 1.The April 2008 data shows that our Real Estate Inventory has stabilized at 22,942 homes.(3.1% higher … (0 comments)
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information: Sure, Housing's in a hole! But there is a Potent Case for Buying Now! - 04/18/08 03:59 PM
Dear Reader,
I was in a training session last week and was handed a copy of an article in the February 25th Issue of Time Magazine by Peter Lynch.
I have inserted a link below to take you for the full read on the website.
You can read the article at---> http://www.time.com/time/magazine/article/0,9171,1713483,00.html
A lot of readers must have taken it to heart, because it's getting busy out here. Mostly baby boomer's with the ability to pay cash or they do not have to worry about selling their first home.
To take a quote from the writer that will hopefully entice … (0 comments)
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