Wednesday, April 18, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

buy real estate in las vegas – 4738 Golden Shimmer Las Vegas NV <b>...</b>

Posted: 18 Apr 2012 04:18 AM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas Real Estate Investor Deal $500+ Cash Flow – 552 Kristin. April 17, 2012. Actual Estate Investment ...

Pros and Cons of Becoming a <b>Las Vegas Real Estate</b> Agent - Real <b>...</b>

Posted: 17 Apr 2012 01:24 AM PDT

If you are very interested in the real estate market, one of the best If you are very interested in the real estate market, one of the best careers that you ca…

My <b>Las Vegas Real Estate</b> Blog and More

Posted: 18 Apr 2012 12:47 AM PDT

This last weekend, I was working with a buyer that wanted to see a bank-owned home that recently came on the market. The clients were there before me, peeking in the windows (wouldn't you?). I went over to the electronic ...

3 Beds – Viviani | Real Estate In Las Vegas

Posted: 17 Apr 2012 09:34 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas Real Estate Investor Deal $500+ Cash Flow – 552 Kristin. April 17, 2012. Actual Estate Investment ...

Young Real Estate Investor Interviwed On TV – real estate for <b>...</b>

Posted: 17 Apr 2012 09:00 PM PDT

EVERYTHING YOU NEED TO KNOW ABOUT THE LAS VEGAS REAL ESTATE MARKET ... real estate las vegas – Las Vegas Real Estate Investor Deal $500+ Cash Flow – 552 Kristin. April 17, 2012. Actual Estate Investment ...

Las Vegas Investor Bets On Industrial Property

Posted: 18 Apr 2012 02:01 AM PDT

Even as industrial vacancy rises to record levels in Las Vegas, real estate investor Stephen Siegel finds reason to purchase a 48,000-square-foot industrial center in North Las Vegas for $1.45 million. At $30 a square foot, it's below replacement cost,

Where are all the Las Vegas Foreclosures?

Posted: 17 Apr 2012 09:01 PM PDT


When will the WAVE of Foreclosures hit Las Vegas?

Will they come again? Will they come as a drip or a full force tsunami?

These are questions that I'm sure are coming up in many other places than just Las Vegas.

The Las Vegas real estate market is in somewhat of a "turn around" right now with our inventory of available houses dropping drastically as investors are still gobbling up a lot of the homes as they hit the market.

We are back to multiple offers coming in on homes, but this may not last if a bunch of foreclosures are dumped all at once on the market. There may still be issues with some of the current pending sales that may not close due to appraisal issues.

Some feel that now that the Big 5 have made the settlement, that we should start to see an increase in foreclosure filings again and that could equate to 90-120 days out to hit the market.

Only time will tell!

Buying or Selling a Las Vegas Home or Condo Call (702) 812-4550

www.LasVegasDawn.com

www.DawnBarrier.com

Previously posted at: When will the WAVE of Foreclosures hit Las Vegas?

Can I find a clean, livable home in Las Vegas, in a decent neighborhood near all needed facilities (Drs, Hospital,shopping) for $140,000 cash?

Posted: 17 Apr 2012 07:39 PM PDT

Las Vegas real estate investing!! SFR VS FOURPLEX...or dont invest at all. Sid

Posted: 21 Feb 2012 04:38 PM PST

I am looking to get some advise on investing in Las Vegas. I already have a SFR that i bought last year and is rented out. I was looking to buy a fourplex this year or two more SFR. I live in Los Angeles so i ll be an absantee landlord. Which one would be more advisable? An SFR or a fourplpex, or not investing in Vegas for 2-3 more years? Thank you. Sid

real estate las vegas – <b>Las Vegas Real Estate</b> Investor Deal $500+ <b>...</b>

Posted: 17 Apr 2012 04:19 PM PDT

Actual Estate Investment deal...2 bed, 3 bathtub 1178 sf Townhome with + Income Circulation. Maintenance required K - 00K Rents: -850 thirty day period.

Las Vegas Foreclosures down sharply in March

Posted: 17 Apr 2012 04:11 PM PDT

The number of foreclosure properties sold at auction, or trustee sales, dropped dramatically for the second month in a row, according to a March report from ForeclosureRadar.com online listing service.

In Clark County, forelosure sales to third parties decreased to 511 in March, down 43.4 percent from a year ago; 509 homes were taken back by the bank, or real estate-owned, down 83.5 percent from a year ago; and 1,176 foreclosure sales were canceled, down 56 percent from a year ago.

Notices of default, the first step in the foreclosure process, decreased 77 percent to 1,136, and notices of trustee sale decreased 74.3 percent to 1,550. Average time to foreclose increased 22.4 percent to 404 days.

Nationwide, foreclosure starts rose from the previous month, with the largest increases occurring in Nevada, Washington and California. Still, the volume of new foreclosures remains significantly lower than a year ago, said Sean O'Toole, chief executive officer of Discovery Bay, Calif.-based ForeclosureRadar.

The increase in foreclosure starts is especially interesting in Nevada, he said. Lenders almost halted the process completely after the robo-signing law was enacted in October.  The increase in March is directly attributable to Fannie Mae, which is one of few lenders to have filed any new foreclosures in Nevada since September, O'Toole said. Even so, it's still homeowner associations that are initiating the vast majority of foreclosures in Nevada, he said.

If you or someone you know have found yourself owing more on a property than it is worth and you aren't sure where to turn or who to get advice from, feel free to reach out to us.  We offer FREE, no-obligation consultations as well as in-house legal and CPA counsel.

*This article originally appeared in the Las Vegas Review Journal.

How do I download and attach photos for my rental listing?

Posted: 17 Apr 2012 03:04 PM PDT

10 U.S. real estate markets drawing international buyers

Posted: 17 Apr 2012 03:32 PM PDT


Inman News report features data trends, analysis, commentary on popular areas

By Inman News
Inman News®

Affluent international buyers, attracted by fire-sale prices, are snapping up real estate in some U.S. markets. In a report released today, Inman News identifies 10 markets where public records indicate foreign buyers make up the biggest share of overall buyers.

Most of the markets are located in sunny Florida, though areas in Nevada, Arizona, New York and Hawaii are also on the list. The report highlights the economic and personal factors that drive foreign buyers to buy; their preferred property types; top countries of origin; how they find the real estate professionals they work with; why the selected markets appeal to them; and relevant demographic and housing-related characteristics for the markets, including share of foreign-born population, distressed property footprint, home-price trends, and vacancy rates.

Among the findings in this report, researched and written by Inman News reporter Andrea V. Brambila:

  • Population levels in the markets range from about 600,000 in Lakeland-Winter Haven, Fla., to nearly 5.6 million in Miami-Fort Lauderdale-Pompano Beach, Fla.
  • Seven out of 10 markets had foreign-born populations above the national rate of 13.1 percent in 2010. The Miami metro had the highest share born abroad, at 39.2 percent.
  • In six of the 10 markets, area inhabitants who were foreign-born and moved from abroad accounted for a higher-than-average share of overall inhabitants who reported moving in the previous year in 2010. New York County (Manhattan) had the highest share: 7.7 percent of the people who moved in that county were both foreign-born and hailing from abroad.
  • In seven out of 10 markets, the median sales price for an existing, single-family home was lower than the national median of $163,500 in fourth-quarter 2011. In eight out of 10 markets, the median sales price for a condo was lower than the national median of $160,800 for that same quarter.
  • Condo prices fell on an annual basis in the fourth quarter in seven out of 10 markets. All seven saw their prices decline by more than the national rate of -1.7 percent.
  • Seven of the 10 markets had a higher share of distressed sales in fourth-quarter 2011 than the national rate of 23.7 percent. Eight of the 10 markets had higher foreclosure activity rates in fourth-quarter 2011 compared to the national rate.
  • Nine of the 10 markets, except for Honolulu, had higher vacancy rates in 2010 than the national rate of 13.1 percent. Cape Coral-Fort Myers, Fla., had the highest rate, at 37 percent.

View the "10 Hot Spots for Global Homebuyers" report.

Economists see home prices stabilizing

Posted: 17 Apr 2012 03:24 PM PDT


ULI survey: Nation poised for economic growth -- and inflation

By Inman News
Inman News®

Home prices should stabilize this year and rebound next year, with appreciation accelerating in 2014, according to a survey of 38 real estate economists and analysts by the Urban Land Institute.

The ULI Real Estate Consensus Forecast, conducted by the ULI Center for Capital Markets and Real Estate, suggests that the nation is primed for economic growth -- and inflation, which could push up mortgage rates.

Economists polled by ULI in late February and early March expect a national home price index maintained by the Federal Housing Finance Agency will show no change this year, but gain 2 percent in 2013 and 3.5 percent in 2014.

They also expect single-family housing starts, which have been at or near record lows for three years, to rise from 428,600 in 2011 to 500,000 this year, 660,000 in 2013, and 800,000 in 2014.

Those projections are based on expectations that the economic recovery will remain on track, with unemployment falling to 8 percent by the end of 2012, 7.5 percent by the end of 2013, and 6.9 percent by the end of 2014. For that to happen, employment would have to increase by 2 million jobs in 2012, 2.5 million in 2013, and 2.75 million in 2014.

Economists participating in the survey expect real gross domestic product (GDP) to rise steadily from 2.5 percent this year, to 3 percent in 2013, and 3.2 percent by 2014.

Growth like that could lead to higher inflation and interest rates. The survey showed economists expect inflation, as measured by the Consumer Price Index (CPI), will average 2.4 percent in 2012, 2.8 percent in 2013 and 3.0 percent in 2014.

Rates on 10-year Treasurys are also expected to rise, from an average of 2.4 percent this year to 3.1 percent next year and 3.8 percent for 2014.

Because mortgage-backed securities that fund most mortgage loans often rise and fall with 10-year Treasury yields, the forecast implies that mortgage rates could rise 140 basis points, or 1.4 percentage points, in the next two years.

With rates on 30-year fixed-rate loans hovering above 4 percent in recent weeks, that would take rates on "plain vanilla" mortgages well above 5 percent.

Discover Beautiful Golf Properties in Henderson, NV | Community <b>...</b>

Posted: 06 Apr 2012 03:04 PM PDT

Real Estate Tags: Golf Homes, henderson, real estate, Henderson, nevada · Henderson Golf Homes, henderson, nevada, real estate. Comments (0) Trackbacks (0) Leave a comment Trackback. No comments yet.Be the first ?

Zillow to expand sales force in Southern California

Posted: 17 Apr 2012 10:40 AM PDT

Company to staff new Irvine office with up to 100 employees

read more

Don't underestimate the value of an editor

Posted: 17 Apr 2012 11:02 AM PDT

Ask someone you trust to review what you publish

read more

Has the market hit bottom in Las Vegas?

Posted: 17 Apr 2012 11:17 AM PDT

All of you who were waiting for the bottom, you may have missed it.  Due to a large complication of the slow down of foreclosures, AB284 restricting on how banks have to have certain paperwork to foreclose, and buyers not waiting for "THE BOTTOM" before scooping up properties, Las Vegas has almost no inventory.

Less than 5,000 houses in all of Clark County are waiting for an offer.  Houses are being scooped up, sometimes on the same day, with multiple offers, which is starting to drive up prices.  Combine this with interest rates that haven't been seen in I don't know how many years, and you have the perfect storm.

If you've been waiting for the right time, you now must be prepared to be prequalified or have your proof of funds, and decide on the day you see the house you want to make the best offer you can.

Don't snooze, and be sorry later saying "I shoulda bought that house."  Has Las Vegas hit bottom?  
What do you think?

Link building for real estate

Posted: 17 Apr 2012 02:10 AM PDT

3 popular tools for boosting SEO efforts

read more

ListHub lures John Whitney from Sentrilock

Posted: 17 Apr 2012 08:45 AM PDT

Listing syndicator promises 'industry-friendly innovation'

read more

No comments: