Wednesday, June 27, 2007

Las Vegas Real Estate News 6/25/07

Las Vegas Real Estate News


Become Better at Your Niche by Learning From Pros in Other Areas

Posted: 27 Jun 2007 05:30 AM CDT

It'sa comprehensive look at what you need to do to build a successful career in real estate… and how to keep your business growing through all market cycles by consistently rotating your capital into the best markets. ...

New-Home Sales, Prices Decrease As Builders Lose Confidence

Posted: 25 Jun 2007 11:00 PM CDT

Sales fell 1.6% in May while the median home price dropped 0.9% to $236,100.

Top Cities for Home Sellers; Finding the Right Time to Buy

Posted: 26 Jun 2007 11:00 PM CDT

This week's survey of news covers 10 hot housing markets, why buyers may pay full price this summer, the pros and cons of making an offer on a house contingent on the sale of another, tracking the sales temperature in your neighborhood, and an East Coast locale that's shirking the real-estate slowdown.

California Realtors weigh options for statewide MLS

Posted: 27 Jun 2007 07:00 AM CDT

Association leaders consider unified MLS or aggregated database

InmanTV: Online leads

Posted: 27 Jun 2007 07:00 AM CDT

Chat with Dave Marron, SphereBuilder

Home builder Lennar Corp. reports $244M Q2 loss

Posted: 27 Jun 2007 07:00 AM CDT

'Deteriorating market conditions' may persist, says CEO

Tuesday Map: <b>Vegas</b>, baby!

Posted: 26 Jun 2007 05:43 PM CDT

Take a gander at this very cool animated map of Las Vegas from Trulia, a real estate search firm. It shows the astonishing outward expansion of the United States' fastest growing city, from the 1930s to the present. ...

Dealwatch: Department Stores

Posted: 26 Jun 2007 12:00 PM CDT

The news came a few months after Federated sold its New York-based Lord & Taylor LLC department store chain, another inheritance from May, to NRDC Equity Partners LLC, a group of real estate investors, for $1.2 billion. ...

Eight tech pioneers compete for innovation award

Posted: 26 Jun 2007 07:00 AM CDT

Inman Innovator Award Finalists

Standard & Poor's sees dramatic rise in Alt-A delinquencies

Posted: 26 Jun 2007 07:00 AM CDT

Loans in 2006 vintage going bad four times as often as similar loans

Fannie, Freddie saw market share dip in 2006

Posted: 26 Jun 2007 07:00 AM CDT

GSEs held or guaranteed 39% of mortgage debt

Torrey Springs Apartments Sold

Posted: 26 Jun 2007 11:20 AM CDT

Torrey Springs Apartments, a 320-unit apartment, which sits on 9.14 acres and is located at 2200 N. Torrey Pines Dr. sold last month for $27.74 million, or $86,300 per unit. The complex built in the late 1980s was owned by Stan Goldfarb of Toronto. The buyer is Prime Property Capital of San Francisco.

The transaction was not without issues as it was discovered during due diligence that 25% of the units were unoccupied and uninhabitable due to broken water pipes. The buyer was able to negotiate a reduced price after learning how much would be needed to rehab the property.

The new owners plan to install new water pipes in all the buildings to prevent future problems. The rehab is being done one building at a time with the entire process expected to take about one year.

Annual declines continue in home-price index

Posted: 26 Jun 2007 07:00 AM CDT

Detroit posts 9.3% year-over-year price drop in April

New Home Sales, Prices Fall In May

Posted: 26 Jun 2007 11:40 AM CDT

The flaw resides in the Summerlin suburbs of Las Vegas, Nevada, in the extended city limits of Chicago headed west towards Rockford and yes, the naked — and empty — rows of multistoried condos in Miami.'"

<b>Las Vegas Real Estate News</b> 6/08/07

Posted: 09 Jun 2007 08:50 AM CDT

A new phrase is about to enter the Las Vegas nightlife vernacular -- Cowboy ultralounge. The "ultra" is an understatement. Texas-size is more apt. del.icio.us bookmark this on del.icio.us - posted by lalitd to las vegas real estate news ...

Fidelity National Title says credit monitoring will deter mortgage fraud

Posted: 26 Jun 2007 07:00 AM CDT

Partnership with Experian provides clients with one year of free service

New-home sales fall 15.8% in May

Posted: 26 Jun 2007 07:00 AM CDT

Median price of single-family residence also declines

Consumers more cautious about jobs, economy

Posted: 26 Jun 2007 07:00 AM CDT

Outlook for rest of year still mixed, survey finds

Real estate rates drop overnight

Posted: 26 Jun 2007 07:00 AM CDT

30-year fixed rate at 6.31%; 10-year Treasury yield at 5.08%

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