las vegas real estate: The SKY IS FALLING! FHA Loan Limits Lowered in Vegas Effective Jan 1, 2014
- 12/09/13 09:54 AM
THE SKY IS FALLING THE SKY IS FALLING! The whole entire Las Vegas real estate market is going to CRASH and burn in 2014 because FHA announced on December 6 that FHA mortgage loan limits will be significantly reduced on January 1, 2014. This gave buyers, sellers, lenders & mortgage officers almost ZERO notice in real estate transaction management time terms. The Las Vegas area FHA mortgage loan limits are currently $400,000 and will be reduced to $287,500! That's a pretty hefty reduction of over 6 figures so there are going to be some people out there crying that the … (5 comments)
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, … (2 comments)
Currently (2013) 184 Single Family Detached Patio Style Homes Ranging from 1470-1954 Square Feet Built from 2009-present (2013) by Pulte Recorded as Westpark Summerlin Village 19 Villa Trieste features some very unique green & eco-friendly living alternatives. All homes come standard with solar panels or photovoltaic shingles, platinum LEED certified & tankless water heaters. Prices appear hefty on the surface but when a buyer can sit back and think about the monetary savings from all … (5 comments)
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: March 2013: 3188 February 2013: 3141 January 2013: 2608 December 2012: 2289 November 2012: 2690 October 2012: 2913 September 2012: 2626 August 2012: 3409 July 2012: 2912 June 2012: 3007 May 2012: 2880 April 2012: 2590 March … (2 comments)
las vegas real estate: Las Vegas NV Area Rental Market Report for September 2010 (includes Henderson & North Las Vegas)
- 11/11/10 12:25 PM
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: September 2010: 2171 August 2010: 2300 July 2010: 2106 June 2010: 2214 May 2010: 2049 April 2010: 2210 March 2010: 2269 February 2010: 2100 January 2010 1784 December 2009: 1713 November 2009: 1691 October 2009: 2015 September 2009: 1849 … (5 comments)
Single Story Casita Home in Gated Gardens Summerlin Community! 3568 Auckland Castle St, Las Vegas, NV 89135 View Map NOT SHORT, NOT REO, NOT AN INVESTOR FLIP!! Can you believe we have a "REAL" Seller here? Home is in MOVE IN Condition & Shows Like a Model! Built-Ins Galore: Custom Office, Hutchin in Dining Room, Entertainment Center in Family Room. Backyard Oasis Features a Fountain, Built-In BBQ and Spa. Detached … (7 comments)
What Is A Reverse Mortgage? (Part 4)A 12 Part Series Part 4 - Pros and Cons of a Reverse Mortgage Why Should You Consider a Reverse Mortgage Allows the homeowners to stay in their home permanently. Pays off existing mortgages on the home. Simple to qualify for because credit scores and income are not considered. No monthly payments are due for as long as the homeowner lives in the home. The homeowner receives payments on flexible terms: Credit line for … (0 comments)
las vegas real estate: Welcome Home to Henderson Communities: Lake Las Vegas
- 11/29/08 05:43 AM
Lake Las Vegas is situated in Henderson off of East Lake Mead Pkwy. It is literally the last stop before Lake Mead National Recreation Area. The community is beautifully landscaped and one of the greener & lush communities I have ever seen in the Las Vegas Valley. One of the finer rarities that Lake Las Vegas boasts is it's 320 acre lake. Lake Las Vegas is truly a desert gem and resort living that offers every type of housing from condominiums to luxury custom homes. The community also boasts a golf course, gaming properties, several AAA 4 diamond rated hotels, shopping & restaurants in … (0 comments)
Housing Conditions: Foreclosure/Short Sale Listings (7/3/2008): Total Listings 20,606; Short Sales: 5589, 28% of all listings; Bank Owned Listings: 4633, 22% of all listings. Short sale and REO listings consume 50.5% of total listings New Home Sales (May 2008, units sold): 734 Year Change -45.7% (excl condo conversions, highrises) New Home Sales (May 2008, median price): $258,888 Year Change -16.5% (excl condo conversions, highrises) Existing Home Sales (May 2008, units sold): 2606 Year Change +0.7% Existing Home Sales (May 2008, median price): $225,000 Year Change: -19.1% New Home Permits (May 2008): 740 Year Change -57.1% … (0 comments)
las vegas real estate: Which Las Vegas Markets are Moving? Listings/Pendings/Solds Broken Down!
- 03/30/07 03:06 PM
My last two local blog posts (post 1) (post 2) proved to be slightly controversial for some so I am writing another to help explain it in greater details. First off: I do not allow comments from non members for a reason. People who do not know the raw data are just chewing up, swallowing and digesting stuff they hear from the media. Yea, I got questions from non members asking why they cannot comment. I would like to keep accuracy within reach for my avid readers! At the end of this post I have broken down inventory into several categories. When you … (2 comments)
las vegas real estate: Confessions of a Las Vegas RE Market Cheerleader: To Know Your Market is to Love Your Market
- 03/26/07 01:04 PM
So I was just accused of so many things in my recent post: "Stats" Surrounded by Doom & Gloom. First I was accused of being a "cheerleader" instead of giving "accurate and impartial information" like Broker Bryant. Well I will honestly and openly admit I am NO Broker Bryant. No one can be sooooooooo good looking like him! Here is another difference: Broker Bryant reports on real estate from his side of the earth: Florida. While I report on mine: Nevada. What forces drive the Florida market are completely different forces driving the Nevada market and it even gets more local than that! … (15 comments)
las vegas real estate: Is AOL News Really News? Maybe Not but I am Still Seeing Red!
- 02/26/07 06:07 AM
I guess I am in to catchy headlines also -BUT- I don't pass myself off as "The News". I have AOL set as my home page. The kids have AOL addresses. I guess it isn't cool to have an email address like supercoolteen @ yourdorkywannabesupercoolmom'srealestatedomain dot com. Yea I know AOL sensationalizes with "Entertainment News" and have a mostly young, hip audience but every once in a while I run across "real estate news" when the screen flashes by and the real estate nerd in me has to click on it, read it and analyze it to disseminate fact from fiction. Most of these news … (28 comments)
las vegas real estate: Free Webinar! How I Achieved Wealth Through Buying & Selling Real Estate & How You Can Too!
- 02/24/07 12:09 PM
Let me give you a small background on where I came from. I came from a middle, upper class family with a semi-strict upbringing and I never had anything handed to me on a silver platter, although my friends that I attended high school with did. I have three siblings one that is 13 months younger than me and one that is 11 years younger than me and one that is 15 years younger than me. I was very close with my brother, the one who is just a year younger than me. We learned how to scrape and survive on … (14 comments)
THE SKY IS FALLING THE SKY IS FALLING! The whole entire Las Vegas real estate market is going to CRASH and burn in 2014 because FHA announced on December 6 that FHA mortgage loan limits will be significantly reduced on January 1, 2014. 
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