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market analysis: Bobbing around at the Bottom of the Las Vegas Real Estate Market. - 03/27/11 07:34 PM
Dear Reader,
We are currently, it seems, bobbing around on the bottom of the Las Vegas Valley Real Estate Market. One month our average sales price goes up as the number of units sold goes down. The next month, the number of homes units sold goes up while the average price goes down.
In a recent article, written by Hubble Smith at the Las Vegas Review Journal, we are told Economic Indicators are flat in Las Vegas compared to the rest of the nation, which is moving up. I don't know about you, but I'll take flat for the time being … (0 comments)

market analysis: A New Look at MaryKennedyLasVegas.com - 03/27/11 07:25 PM
Dear Reader,
I would like to introduce you my new and improved website at www.MaryKennedyLasVegas.com.
We have finally developed a web capability that integrates the tools I need to help home buyers and sellers meet their real estate goals in the Las Vegas Valley. Some of the highlights include:
A new Property Search tool that allows home buyers search by neighborhood, giving sellers the best opportunity to market and sell their property through me. In depth neighborhood information that includes new video capabilities. Relocation information that cover topics such as Moving to Las Vegas, Las Vegas Lifestyle, Education and Child … (0 comments)

market analysis: 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)

market analysis: 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)

market analysis: 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)

market analysis: 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)

market analysis: Does that ever happen to you??? - 10/25/10 12:36 PM
I scheduled myself to meet a client at the office this morning at 10:00 AM. So I was up early to:
Pull the updated property list of properties we were going to look at. Arrange the properties in showing order to be most efficient with our time. Have breakfast with John, my husband. So its 9:34 AM, I'm just ready to leave and I go to my calendar only to find that I had the client scheduled for October 31 at 10:00 AM and not today!
Does that ever happen to you??? It doesn't happen often to me, but I just … (2 comments)

market analysis: Is the Poster Child for the Busted Housing Market coming Back to Life? - 09/12/10 09:58 AM
Is the Poster Child for the Busted Housing Market coming Back to Life?
(Let's look at the Big Picture!)
I'm passing along 2 articles today. The first one was published in the Las Vegas Review Journal last week by Lew Sichelman.
The Housing Scene: Average Home Prices Across Dip, Las Vegas Up Slightly 
As I have said in previous letters, Las Vegas, now considered to be a large market by the Federal Housing Finance Agency, is beginning to see prices move up slightly (year over year) in homes valued from $100 to $249,000. Homes that are priced from $250,000 to … (4 comments)

market analysis: Finally! Some Clarity to the Situation in the Las Vegas Valley - 08/22/10 06:59 PM
Finally! Some clarity to the situation!
I'm forwarding a link to a very well written article, by Frank Geary, published in today's Las Vegas Review Journal. The article is entitled:
IS THE HOMEOWNER HOME?: Who's living there? Owner-occupied houses decline in Clark County
The article does a really good job of telling us what's transpired during the past 6 years in this market, where we are today and, hopefully, where we are headed.
But, as usual, I can't help myself and have some comments, on the article, that I would like to share from the trenches because, Franks right, Foreclosures … (0 comments)

market analysis: 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)

market analysis: Wow! Las Vegas Home Prices to Increase? Bold Prediction - 08/09/10 04:22 PM
Dear Reader,
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 … (0 comments)