las vegas nv real estate: 10 Things That Can "BLOW UP" Your Las Vegas Home Purchase or Sale - 06/21/14 06:01 AM
Avoid the most common pitfalls that can derail your home purchase or sale!
Blow Up #1:  HOA Fees
HOA fees can be listed incorrectly in the MLS.  If you are purchasing at the top of your financed price range, you want to verify fees immediately because these will be factored into your house payment and purchasing power!
Blow Up #2:  Litigation
Lenders are hesitant to lend money on homes that are in litigation.
Blow Up #3:  HOA Certification
Lenders want to see:  low investor concentration (rentals,) low HOA delinquencies and no construction defect or other litigation against HOA or community.
Blow … (26 comments)

las vegas nv real estate: Summerlin Las Vegas Homes for Sale | What is The Summerlin SID? - 02/09/14 07:44 AM

Summerlin Las Vegas Homes for Sale | What is The Summerlin SID? from Renee Burrows  
 
Summerlin Las Vegas Homes for Sale | What is The Summerlin SID? from Renee Burrows 1. What is a Summerlin SID? Frequently Asked Questions www.SummerlinHomes411.info 702-966-2494 2. Why Are SIDs Created? Fund public improvements such as:  Roads  Curbs  Sidewalks  Parks Installment payments are used to repay the principal & interest on the bonds issued to finance the cost of the public improvements www.SummerlinHomes411.info 702-966-2494 3. Who is responsible for repayment? These assessments are liens on the property similar to … (10 comments)

las vegas nv real estate: Las Vegas Real Estate Market Synopsis December 2013 - 02/09/14 02:15 AM

Prices have flatlined after an 18 month period of steep appreciation.
In June 2012, Las Vegas short sale home closings outpaced Las Vegas REO (bank owned) home closings for the first time since the Las Vegas real estate demise started in 2006. Our absorption rate continues to be in seller’s market mode with around 2 months of inventory which indicates a strong seller’s market. Equity sales began to outpace REO & short sales in Las Vegas in February 2013.
The Las Vegas REO (foreclosures,( bank owned) sector remains a EXTREME seller’s market WITH LESS THAN 3 months of inventory & the Las Vegas … (6 comments)

las vegas nv real estate: Las Vegas NV Area Concession Stand November 2013 (includes Henderson & North Las Vegas) - 02/09/14 02:10 AM

Here is what buyers received in seller paid concessions on October 2013 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:
Less than $500: 86% ($500 only buys you a home warranty or (no and) an appraisal) Between $501-4000: 8% Over $4001: 6% This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory! Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs!
Last Month's … (0 comments)

las vegas nv real estate: Rhodes Ranch Area (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 02/01/14 04:23 AM

Rhodes Ranch Area is located in SW Las Vegas and has many amenities close by:  Retail, Restaurants, Professional Offices, Wet N Wild Waterpark, St Rose San Martin Hospital and Southern Hills Hospital. 
Rhodes Ranch Area is close to the 215 which provides good proximity to popular Las Vegas hubs such as UNLV, McCarran Airport and South Strip Employment & Entertainment Centers.
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.
Click here to view the most current real estate market … (5 comments)

las vegas nv real estate: Las Vegas NV Area "Communities At a Glance" Real Estate Market Report for December 2013 - 02/01/14 04:18 AM
Las Vegas Area "Communities At a Glance" Real Estate Market Report for Dec 2013

 
What is Absorption Rate?
Absorption rate is basically a report of inventory amounts & trends. It is important for placing offers, pricing new listings and in general understanding where the market is heading. It shows trends in a “monthly format” which gauges how many months it will take for the market to currently “absorb” all of the invententory. You can read more in depth about absorption rate and how it impacts listing a home or buying a home right here.
To View Community Descriptions or … (3 comments)

las vegas nv real estate: Desert Shores (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/26/14 10:58 PM
 
 
Desert Shores is a Master Planned Community Located in NW Las Vegas and Developed in 1988 by RA Builders.
There are 3068 Homes in Desert Shores with Choices Ranging from Condominiums to Lake Front Luxury.
Ducks, Geese and Swams are Prolific Residents in the Lakes of Desert Shores Community.
Community Amenities for Desert Shores Residents Include: 3 Lakes with Public Paddle Boat Launching Areas, a Beach Club, Picnic Areas, Volleyball, Basketball, Playgrounds, Clubhouse and Fishing. It is easy to forget you are in the Las Vegas desert as you stroll through this unique desert oasis!
 
Click here to … (5 comments)

las vegas nv real estate: Southern Highlands (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/26/14 03:17 AM

 
Southern Highlands is a 2700 acre master planned community that offers something for every lifestyle from apartment living to guard gated golf course frontage luxury. 
Southern Highlands is snuggled in near the southern mountains of the Las Vegas Valley.

Southern Highlands is close to retail, restaurants & professional offices.  Southern Highlands also has easy access to the I-15 freeway which provides good proximity to UNLV, McCarran Airport and South Strip Employment & Entertainment Centers.
Click here to view the most current real estate market report & home listings for Southern Highlands.
Click here for more information to sell your … (2 comments)

las vegas nv real estate: The Lakes (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/26/14 02:52 AM
Welcome Home To W Las Vegas Community:  ”The Lakes”
3295 Homes Homes Ranging from 1061 Square Feet Entry Level-11662 Square Feet Ultra Luxury Multi Million Dollar Homes Built from 1985-2008.  A majority were built in the late 80′s to early 90′s.  The newer homes are the Ultra Luxury Custom Homes!
The Lakes Community Amenities Vary from Subdivision to Subdivision.  The Lakes Community is close to an abundance of:  Retail, Restaurants, Professional Offices & Local Gaming.
The Lakes is a rare Oasis in the desert!
Click here to view the most current real estate market report & home listings for The Lakes … (2 comments)

las vegas nv real estate: Las Vegas NV Area Home Sold Terms & Trends November 2013 (includes HN & NLV) - 01/26/14 01:30 AM
las

Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying! It is important to understand how a seller looks at each financing type:
Cash Offers: Generally have less contingencies and quicker close times. A cash offer may be accepted even if it is lower than a financed offer.
Conventional Financing: Less strict with lender required repairs but larger down payments and more strict credit guidelines.
FHA/VA Financing: Requires … (0 comments)

las vegas nv real estate: Las Vegas NV Area REO Real Estate Market Report & Homes for Sale November 2013 (includes Henderson & North Las Vegas) - 01/26/14 12:43 AM
 
For Most Current Las Vegas REO Inventory Market Report.
What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?
General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
View More FAQ About My Las Vegas Area Real Estate Market Reports.
(3 comments)

las vegas nv real estate: Mountain's Edge (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/20/14 07:33 AM
 
 
Mountain’s Edge is a master planned community located in the far SW reaches of the Las Vegas Valley, developed by Focus Property Group.  500 acres of land are reserved for parks, trails and open space designed to protect the natural desert environment that surrounds the master plan.
The Parks:
Exploration Park Located at the base of the “Exploration Peak” mountain near the Mountain’s Edge Entrance. You can bike or hike up to the top of Exploration Peak which provides INCREDIBLE views of the World Famous Las Vegas Strip and Valley.  Exploration park also has the following amenities:  Picnic areas, playgrounds, replicas of a … (6 comments)

las vegas nv real estate: Arlington Ranch (Las Vegas, NV) Real Estate Market Report & Homes for Sale November 2013 - 01/20/14 07:30 AM

 
Arlington Ranch is a Las Vegas community developed by DR Horton Builders.  Types of homes range from Townhome to Single Family Living with various community amenities!  Homes Range from 1060 Sq Feet to 3396 Sq Ft.
Gated w/ Community Pool and Park:
First Light at Arlington Ranch:  378 Townhomes Ranging from 1060 Sq Feet to 1553 Sq Feet High Noon at Arlington Ranch:  342 Townhomes Ranging from 1118-1588 Sq Feet Twilight at Arlington Ranch:  144 Single Family Detached Homes Ranging from 1793-2400 Sq Feet All Single Story Communities (not gated):
Manor at Arlington Ranch:  160 Single Family Detached Homes … (1 comments)

las vegas nv real estate: Las Vegas NV Area Rental Home Market Report November 2013 (includes Henderson & North Las Vegas) - 01/11/14 08:19 AM


Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.)
Units Leased:
November 2013:  2662 October 2013:  2581 September 2013:  2989 August 2013:  3639 July 2013:  3355 June 2013:  3224 May 2013:  3297 April 2013:  3100 March 2013:  3188 February 2013:  3141 January 2013:  2608 December 2012:  2289 November … (6 comments)

las vegas nv real estate: Coronado Ranch (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/11/14 08:15 AM

 
Coronado Ranch is located in SW Las Vegas.  Near the 215 for easy access to Las Vegas strip employment & entertainment centers.
Near restaurants, professional offices & retail!
Click here to view the most current real estate market report & home listings for Coronado Ranch.
Click here for more information to sell your Coronado Ranch home.
(2 comments)

las vegas nv real estate: Summerlin (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/10/14 12:43 AM
 
Welcome Home To Las Vegas Communities:  Summerlin!
Summerlin is a unique 22500 acre Master Planned Community w/ more than 100
parks and over 150 miles of trails for walking, hiking, biking and jogging.
Summerlin is home to 8 world class golf courses.
Due to all the amenities and aesthetics of Summerlin, it is very popular and remains
one of the most highly desired areas for real estate in the Las Vegas region.
Summerlin Features 18 Villages:
The Canyons
The Mesa
The Paseos
The Vistas
The Ridges
The Arbors
The Crossing
The Gardens
The Hills South
The Hills
The Pueblo
The Trails
The Willows
Red Rock Country Club
Ridgebrook
Siena
Sun City Summerlin
One More Village on the Way also: … (8 comments)

las vegas nv real estate: Nevada Trails (Las Vegas NV) Real Estate Market Report & Homes for Sale November 2013 - 01/10/14 12:38 AM
 
 
Nevada Trails is a community developed by Pardee Builders.  Nevada Trails is well known for the beautiful Palm Tree Grove lined up and down Robindale Blvd (between Buffalo and Rainbow.)  Community Amenities include walking/biking paths and a playground.
There are currently 1432 Homes in the Nevada Trails Community.
Homes in Nevada Trails range between 1418 sq feet entry level homes to a 5542 square feet luxury homes.  Some subdivisions in Nevada trails are gated but most are not.
Other amenities just minutes away:  215/Rainbow or Buffalo Freeway Ramp which provides great proximity to the south strip and airport, schools, … (1 comments)

las vegas nv real estate: Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for November 2013 (includes Henderson & North Las Vegas) - 01/10/14 12:35 AM
 

 
 

 
November 2013 Sales by Type:
REO:  209 (8%) Short Sale: 558 (22%) Other: 1826 (70%) This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.
What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?
General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means … (2 comments)

las vegas nv real estate: Las Vegas NV Area Pendings Real Estate Market Report for November 2013 (includes Henderson & North Las Vegas) - 01/09/14 08:01 AM
 

 
For Most Current Las Vegas Real Estate Inventory Market Report Click Here.
What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?
General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
View More FAQ About My Las Vegas Area Real … (2 comments)

las vegas nv real estate: Las Vegas NV Area Short Sale Real Estate Market Report & Homes for Sale Short Sale November 2013 (includes Henderson & North Las Vegas) - 01/09/14 07:54 AM
 
For Most Current Las Vegas Short Sale Home Inventory Market Report.
What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?
General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.
View More FAQ About My Las Vegas Area Real Estate Market Reports.
(0 comments)

 
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