Thursday, May 24, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

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Big-Time Grocery Retailers Plan 2012 Expansions

Posted: 23 May 2012 02:19 PM PDT

LAS VEGAS-Safeway Inc. sees big efforts into health and wellness on the horizon, the Fresh Market Inc. plans new stores, and SuperValu Inc. is working heavily on its second use facilities.

1 Independently Owned Real Estate Company in Southern Nevada!

Posted: 23 May 2012 05:47 PM PDT

Homes Las Vegas | Homes in Las Vegas | Las Vegas Real Estate · HOME · Buy A Home · Las Vegas MLS · 55+ Communities · High Rise Communities · GRE Listings · Sell a Home · Investor · Foreclosure · Homes For Rent ...

Weekly Market Report • Las Vegas, NV 89144 • Single Family Residences • May 14-May 20, 2012

Posted: 23 May 2012 08:56 PM PDT

After a week off, I'm back with a weekly real estate market report for Summerlin / 89144. 

For the period of May 14 through May 20, the median list price for Single Family Residences in Las Vegas, NV 89144 is $334,900.

Market conditions have been consistently cooling for the past several weeks. Because we're still in the Seller's Zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall.

See below for this week's full report:



Does a Solar Voltaic System add value to a property?

Posted: 23 May 2012 03:23 PM PDT

We're trying to find information about the sale or purchase of a property, either residential or commercial, from those who have been either an agent, lender or appraiser in the transaction, in which the system was receiving credit or a payment from a power company for the energy produced. We would like to know the value home buyers, commercial buyers and appraisers place on the operating solar system. We are not talking about properties where there is no commercial electric service available, such as you might find in mountains and rural areas.

Las Vegas For Sale by Owner Pros & Cons - <b>Las Vegas Real Estate</b>

Posted: 22 May 2012 05:39 AM PDT

Bear with me on these numbers: they are meaningful to Las Vegas home buyers and sellers alike.

Las Vegas Investors Eye Flooring Decision - <b>Las Vegas Real Estate</b>

Posted: 23 May 2012 05:39 AM PDT

Both hardwood and carpeted flooring can look great in any Las Vegas property.

Vegas Evolution Group: Turnberry Towers has reduced prices by 40 <b>...</b>

Posted: 23 May 2012 03:06 PM PDT

Whether you are buying Las Vegas real estate or selling Las Vegas real estate, the Sproul Evolution Group team of REALTORS is here to help. Our team leader, Michelle Sproul, has been actively involved within the Las ...

Iris Apfel Peabody Essex Museum Collection | Styleite

Posted: 22 May 2012 03:23 PM PDT

... President Obama Calls Kanye a Jackass! 'Battleship' Star Rihanna's Got Guns. http://www.lasvegasfindahome.com/henderson-real-estate/ Evelyne Hitt. The exhibit was brought to the Peabody Essex in 2009 and now Apfel ...

Who's the listing agent?

Posted: 23 May 2012 10:26 AM PDT

Austin Realtors debate changes to rules governing IDX listing display

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10 mind-blowing indoor pools

Posted: 23 May 2012 09:25 AM PDT

From Zillow blog

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New-home inventories shrinking

Posted: 23 May 2012 09:52 AM PDT

Sales still slow, but up nearly 10 percent from a year ago

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Show new homes, and you'll sell more resales

Posted: 23 May 2012 07:59 AM PDT

New-home prospects buy resales, and resale buyers buy new homes

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Lake <b>Las Vegas Real Estate</b> Listings Now Available via LREP <b>...</b>

Posted: 23 May 2012 03:31 AM PDT

Lake Las Vegas Real Estate Listings Now Available via LREP Mobile and ... - Virtual-Strategy MagazineLake Las Vegas Real Estate Listings Now Available via LREP.

Historic Las Vegas — PARADISE PALMS — See what is Available <b>...</b>

Posted: 22 May 2012 11:50 PM PDT

Just make people happy with Las Vegas Real Estate. When I'm not doing that, I'm most like ballroom dancing! :). View all posts by lvrealestatelady →. This entry was posted in Uncategorized and tagged golf paradise palms ...

Listing syndication is not a moral issue

Posted: 23 May 2012 08:17 AM PDT

Decisions should be based on business model, not emotions

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Get Cash Back for Las Vegas Short Sales

Posted: 23 May 2012 06:02 AM PDT

In an effort to move troubled mortgages off their books, banks have begun offering cash to delinquent homeowners so that they can sell their properties for less than they owe.  No lender likes to do short sales, but many banks have decided that short sales are quicker and less expensive than foreclosing. In addition to offering cash incentives, banks have been pre-approving details, streamlining the process of closing and forgoing their right to pursue unpaid debt in the hope of getting through some of the backlog.  At this point, more than 14 million homes (nationally) are in foreclosure, and the pending repossessions that have accumulated are standing in the way improving the housing market. Some banks have been offering cash as an incentive to get homeowners to short sell, versus walking away from their home. 

The largest incentives are extended by JP Morgan Chase, who approve about 5000 short sales monthly, many of whom have included settlements up to $35,000.  Additionally, many buyers who purchased their homes using FHA loans have been receiving cash back at the close of the short sale process.  On average, short sale transactions, from listing to sale, take an average of 123 days…much less time than a foreclosure. While cash back is never a guarantee, the fact remains that each lender and investor is different.

From January 1, 2007 through December 31, 2011, The Myers Team sold more short sale listings than any Realtor or Broker in Nevada.  Myers Team Owners, Bill and Francoise Myers have helped hundreds of Las Vegas families avoid foreclosure.  Myers said, "Sellers facing foreclosure must remember that banks are not looking out for you or your family.  When you work with The Myers Team, our job is to get between you and the bank.  We represent our clients, NOT the banks.  It is our job to take away the stress and negotiate the best possible outcome.  Ultimately, our job is to help our clients get a fresh start."

Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com

Additionally, please visit http://www.VegasShortSaleInfo.com

Las Vegas Short Sales | Get Cash Back  

Las Vegas Short Sales | The Myers Team
Las Vegas Short Sale | Myers Team

LAS VEGAS LOW END PRICED HOUSES BEING GRABBED PRIVATE EQUITY FIRMS

Posted: 23 May 2012 05:13 AM PDT

A shortage of housing on the low end. It was primarily because of the laws implemented to slow down the foreclosure process. But the speed at which the low end RE was gobbled up was astounding, going from almost 20,000 units down to 1,600 units available in just a short time. 

The question must be asked if this investment fund buying is going on in Las Vegas as well. The Reno Gazette Journal estimates that 25 percent of real estate purchases have been made by hedge funds. This enormous percentage can manipulate the housing market until it doesn't. And that percentage is even higher in places that saw the real estate crash, such as in Las Vegas and Reno.While not advertised, I am convinced that the private equity folks are moving into Nevada with both barrels blazing.


http://www.businessinsider.com/the-1-percent-is-buying-up-all-the-real-estate-beware-of-tom-lee-of-jpm-2012-5 

100's of Listed and Unlisted Reduced Price Foreclosure Homes for Sale   <--Don't miss out! 

 .DAVID COOPER  35 Yeras Experience. Investor and Buyers Agent   CALL                   702-499-7037
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