sellers: Bobbing around at the Bottom of the Las Vegas Real Estate Market. - 03/27/11 12:34 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)

sellers: A New Look at MaryKennedyLasVegas.com - 03/27/11 12:25 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)

sellers: The Truth About Las Vegas Short Sales From Ground Zero - 05/19/10 06:00 AM
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)

sellers: It's Time to Hold Seminars on Short Sales for Homeowners that are "Underwater" - 04/26/10 07:07 AM
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)

sellers: A Message about Short Sales from Ground Zero - 04/25/10 10:40 AM
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)

sellers: If You're Upside Down, Talk to Your Realtor about a Short Sale - 04/13/10 07:58 AM
New Federal Rules recently went into effect to make foreclosing on a property the "Last Resort" during these, rather challenging economic times. If a Loan Modification for the home owner will not work maybe a Short Sale will be the best option.
Short Sales can be stressful and a time-consuming process. But in many cases they will be necessary in order to get upside down home owners out from under their mortgage debt, especially with property values at their lowest point in years. By doing a short sale, these homeowners may be able to take a large bite out of the … (1 comments)

sellers: A Couple of Good Articles on Las Vegas & Social Networking - 03/30/10 09:13 AM
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)

sellers: Things That Make You Go Hmmm about the US Real Estate Market - 03/30/10 07:44 AM
My latest Las Vegas Update comes from a combination of selling in the trenches and the latest hard data provided by Applied Analysis, an information and analysis resource that I use here in Las Vegas to update readers and followers on the latest Residential Real Estate trends here in the Las Vegas Valley.
Click hereto open and print the latest data on Las Vegas.
We have been very busy selling regular listings, short sales and foreclosures here in the Las Vegas Valley. Where we were very busy listing & selling foreclosures last year at this time, we now find ourselves selling … (3 comments)

sellers: Las Vegas Real Estate Numbers are in for June 2008 are In and They Look Good - 08/10/08 07:54 AM


 
 
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sellers: "Getting Off the Bottom of the Real Estate Market in Las Vegas" - 03/12/08 09:03 AM

Dear Reader,
On January 15, 2008, I sent an e-mail and the Subject Line was
"I can feel the Real Estate Market Start to Turn in Las Vegas"
I received a lot of feedback on that e-mail. The most I have ever received! Mostly from readers with an opposing point of view accusing me of being way too optimistic and that there will be no way out of this mess for at least 2 more years. One person even suggested that I find another career. That was a little drastic, but I'm a big girl and I can take it. Plus, … (1 comments)

sellers: The Time is Right for the Las Vegas Real Estate Market - 02/03/08 12:09 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)

sellers: Creating the Ultimate Buying and/or Selling Experience for my Clients - 01/22/08 08:45 PM

When I meet prospects and new clients, I make it a point to ask the question: "How did you happen to call today?  Did you see my printed ads or find me on the Internet?"
Chances are, if you glance at a "Homes for Sale" magazine from the grocery store, or conduct a Google Search for Mary Kennedy on the Internet, you'll see some of my promotions and advertising. I work with a GREAT group of people to create the ultimate buying and/or selling experience.  I know that to be successful, I spend thousands of dollars per year in a … (2 comments)

sellers: Las Vegas Real Estate Information and Articles are now available on Mary Kennedys Blogspot at Localism.com - 10/18/07 06:40 AM
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)