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social networking: 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)

social networking: I get asked: Do you have loans available for Canadian Buyers in Las Vegas? - 02/23/11 02:33 PM
Since I have been attracting alot of Canadians to my Las Vegas Real Estate links, the number 1 question I get in my first discussion is "Do you have loans available for Canadian Buyers in Las Vegas?"
The Answer is Yes! We can do loans here, for Canadian Buyers. Here are the Options:
1. If you are a Canadian Citizen you can declare your Las Vegas Property you buy as a second home. The down payment would be 35%.
2. If a Canadian Citizen has business dealings in Las Vegas, they may be able to establish permanent residency or there are … (0 comments)

social networking: Looking for 2011 to be a whole lot better in the Las Vegas Valley. - 12/07/10 01:46 PM
It sure is interesting what mid-term elections can do to begin to change your outlook on life here in the good old USA. A lot of political items need to be settled before the first of the year, but I'm keeping the faith that all will go in the right direction by then. But I do have one question:
"If the Bush Tax Cuts aren't extended or compromised on by the end of 2010, do we change the name to the Obama Tax Increase beginning to 2011?"
Please send your feedback and encouragement to your United States Senator and/or your United States Congressman.
Now, … (0 comments)

social networking: Social Networking will "Help You Find Your Way Home" in the Las Vegas Valley - 10/03/10 04:47 AM
"Innovation- The Heart of the Knowledge Economy- Is Fundamentally Social." - Malcolm Gladwell.
This quote you see above seems fitting as we announce some changes we are making in our communications with our loyal readers and the people that follow us and that we follow on our Social Networks.
In the past, we have been marketing all of our properties on Realtor.com, RE/MAX.com and our website at MaryKennedyLasVegas.com. That strategy has worked out very well and we will continue in that direction.
In more recent months, we have been sending select targeted e-mails to both buyers and sellers. So far, those … (0 comments)

social networking: I'm just going to be about GOOD NEWS today! - 09/26/10 11:49 AM
Dear Reader,
I'm just going to be about GOOD NEWS today! As I finalize this letter its 70`F degrees here in Las Vegas. The high will be 104`F today. No wind and sunny. A nearly perfect day!
In a previous newsletter, I wrote that some home prices are beginning to increase here in the Las Vegas Valley. Here is a link to an article written by Buck Wargo in the Las Vegas Sun this past week.
"Some Home Prices Come Up as ZIPs with Largest Declines see Rebound"
 Buck does a good job of explaining the current status of the … (2 comments)

social networking: 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)

social networking: 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)

social networking: 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)

social networking: If You're Upside Down, Talk to Your Realtor about a Short Sale - 04/13/10 02:58 PM
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)

social networking: 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)

social networking: 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)