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opinion: 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)

opinion: 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)

opinion: 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)

opinion: 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)

opinion: 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)

opinion: 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)

opinion: The Weeding Out Has Started! The Question is: When Will it End?? - 06/24/10 05:55 PM
There are a high number of homeowners that had previously applied to have their loans modified that are leaving the program. The link below will take you to an Associated Press article that appeared in the Palm Beach Post this past week.
The article does a good job of outlining the issues that have surfaced since the implementation of the HAFA Program. Link to article-- Borrowers exit troubled Obama mortgage program
The long of the short of it is this! Most of the homeowners that are leaving are homeowners that:
Were not making enough income to pay for their mortgage from … (1 comments)

opinion: The Wonderful World of Las Vegas Valley Short Sales and Additional Information - 06/07/10 08:43 PM
Dear Reader,
Wow! I haven't heard this line in awhile. "Forget Renting, it's now Cheaper to Buy in the Las Vegas Valley"
The line is also a link for you to click and print this article which appeared in the Las Vegas Review Journal. For those of you who don't take the print edition at home, this is a site to bookmark.
 I'm also sending you another Las Vegas Review Journal Link called Housing in Southern NV. This link lists nearly all of the articles that have been written in the RJ about the Las Vegas Housing Market since the first … (0 comments)

opinion: Introductions Mean Everything in the Las Vegas Real Estate Market - 08/16/09 07:26 PM
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opinion: Introducing Dan Van Epp of the Van Epp Cos. "A National Real Estate Consulting Firm" - 05/24/09 04:28 PM
I was browsing through the May 2009 Issue of Vegas Magazine and ran across an Article written by Dan Van Epp entitled "TO BUY OR NOT TO BUY.... Is now the the time to get into the Real Estate Game? That's the Million-Dollar Question."
Dan is principal of The Van Epp Cos., a national Real Estate Consulting Firm and former President of the Howard Hughes Coproration. Van Epp oversaw the development of Summerlin, a Master Planned Community, which lies about 10 miles West of the Las Vegas Strip.
I also have some other links to other articles that Dan has written … (0 comments)

opinion: A Listing Agents Foreclosure Experience in Las Vegas - 09/07/08 02:48 PM

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opinion: 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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opinion: 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)

opinion: 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)

opinion: RE/MAX A Brand for the Ages - 02/22/08 02:03 PM
I attended a RE/MAX meeting last week at Green Valley Ranch in Henderson, where Dave Liniger, RE/MAX International Chairman and Margaret Kelly, RE/MAX International spoke to about 300 RE/MAX Realtors and I want to share some good news about the RE/MAX Brand.
It is clear that the International RE/MAX Slogan “Nobody Sells More Real Estate then RE/MAX” holds true in the Las Vegas Valley.
Click to Open and Print the RE/MAX Premier Market Presence for Las Vegas
How do we do it? Repeat Business, Agent Referrals from Clients and other Agents and Business Partners, Sign Calls, Internet Leads, Print & … (0 comments)

opinion: The Time is Right for the Las Vegas Real Estate Market - 02/03/08 08:09 PM

I’m going to change from my traditional newsletter format this month to focus more on the some information I would like to share about the Las Vegas real estate market.
During the month of December, 40% of sales in all of the Las Vegas Valley were bank owned properties. The message is that the banks have become more realistic with pricing. This is an indication that the market is turning around.
On January 22nd, the interest rates were lowered ¾ of a percent. The media is reporting that another cut of up to ¾ of a percent is coming. Taking … (0 comments)

opinion: Good News for Future Las Vegas Real Estate Buyers. - 01/28/08 05:12 PM

I have some good news for future Las Vegas Real Estate Buyers.
We performed a search of statistics today and I wanted to share some information with you.
1. Today’s search showed that 2045 Las Vegas Homes have been reduced in price in the past 7 days.
2. New Las Vegas Home Builders have dropped prices up to 20% on their standing inventory and it’s making Las Vegas real estate very appealing.
3. Two listings in Las Vegas Golf Course communities have been dramatically reduced in price from their highs.
a. One in Spanish Trail that was originally … (0 comments)

opinion: Las Vegas Real Estate Information and Articles are now available on Mary Kennedys Blogspot at Localism.com - 10/18/07 01:40 PM
I hope you are having a good week! In an effort to consolidate Las Vegas Real Estate Information for Buyers, Sellers and other interested parties, I have posted some articles of interest that I and others have written in a centralized area at Localism.com.Quite frankly, I'm tired of reading and listening to people outside of Las Vegas tell us all the bad things that are going on in this market. The fact is, we still have 5000 to 7000 people moving here each month. Some of them are buying homes and others that can't qualify, at the moment, because of the … (1 comments)