Sunday, May 27, 2012

Las Vegas Real Estate News

Las Vegas Real Estate News

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A Tale of Two Listings. Mobile Matters. – Zillow Blog - Real Estate <b>...</b>

Posted: 23 May 2012 09:49 AM PDT

Add a Reply... Mark as Spam; Report as Abuse. Allen Henderson · Owner Broker at Henderson Real Estate at Homes Ahwatukee. Hey Jay! Mobile is necessary! It's free to list on Zillow, but who gets the leads off of the listing?

Why We Like <b>Las Vegas Real Estate</b>

Posted: 22 May 2012 11:22 AM PDT

Why We Like Las Vegas Real Estate. May 22, 2012 Presentations No comments. realestate. Tweet. Initial presentation in 2011, before all these hedge funds got on board the distressed real estate trade. Why We Like Las Vegas Real Estate ...

Who pays for inspections and related expenses?

Posted: 26 May 2012 04:05 PM PDT

LAS VEGAS GOVERNMENT FORECLOSURE LISTED AND UNLISTED HOMES FOR SALE. DATED 5/26/12. BELOW MARKET PRICES.

Posted: 26 May 2012 03:14 PM PDT

LISTED AND UNLISTED GOVERNMENT FORECLOSURE HOMES. From Mov-in to Fixer Uppers all priced to sell NOW! Available for 3% DOWN owner occupants and 10% down investors . Discount prices avaiable nowhere else.  TAKE A LOOK!!!!

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100's of Listed and Unlisted Reduced Price Foreclosure Homes for Sale    

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Las Vegas Short Sales Rising, Foreclosures Falling

Posted: 25 May 2012 05:58 AM PDT

Anyone thinking about taking advantage of the bargains that are still out there (and they ARE still out there) should consider consulting an experienced Las Vegas real estate agent to help with the process. First and foremost ...

<b>Las Vegas Real Estate</b> Agent Team & Short Sale Specialists: - Las <b>...</b>

Posted: 26 May 2012 09:19 AM PDT

Las Vegas Real Estate Agent Team & Short Sale Specialists. 702.482.7739 - http://www.ShortsaleinNevada.com - When Ready to sell your Las Vegas Home - if you owe more than the mortgage, we can help. Call us to ...

Las Vegas High Rise Blog » Don't Bet Against Las Vegas

Posted: 26 May 2012 01:54 PM PDT

I've been saying for some time to so many naysayers out there after the Las Vegas real estate market collapse, don't bet against Las Vegas. Historically Las Vegas has reinvented itself many times and now it appears its rebirth ...

Will Short Sales Save the Las Vegas Housing Market?

Posted: 26 May 2012 01:54 PM PDT

It's widely agreed that foreclosures and REO properties have devastated Las Vegas home values and impeded the housing recovery in Nevada.  Why don't we hear the same complaints about short sales?  How do the two categories compare where a healthy real estate market are concerned?  There are significant differences between purchasing a short sale versus purchasing a bank owned property.  After closing almost 300 short sale properties since 2007, here are some things you might want to consider, based upon our experience with banks and the short sale process:

A "bank owned" home is a property that was foreclosed upon.  This means that someone could not meet their mortgage obligation and was likely thrown out of their dream home.  Maybe the prior homeowner lost their job, or was trying to do a loan modification with a bank that simply failed to care.  There are thousands of reasons for a homeowner to get foreclosed upon; however, foreclosure is never is pleasant experience.  Many homeowners take out their frustrations on the property, causing intentional damage, or vandalism to the home.  While banks typically repair cosmetic damage, the fact remains that the home may have been mistreated and you may never know the accurate story of what damage took place.  A short sale is a much different situation.  In a short sale, the seller is trying to do the responsible thing to prevent being foreclosed upon.  Homeowners do short sales hoping to be released from the deficiency amount owed to their lender.  In today's market, more and more banks are waiving their right to pursue the deficiency after a short sale, which keeps sellers motivated to cooperate versus trashing the home.  In addition to waiving the deficiency, many banks are now offering cash back to homeowners after completing a short sale, as extra incentive to cooperate and keep the home in good condition.  Both JP Morgan and Bank of America now offer cash back incentives up to $30,000 to homeowners who qualify.  So it comes down to a simple question.  Would you prefer to buy a home that may have been severely mistreated by a prior homeowner, or would you rather buy a home from a motivated seller, and help a local Las Vegas family avoid being foreclosed upon by a bank?  It is important to remember that each time a buyer purchases a bank owned property, they are rewarding the bank for foreclosing on a local family.  Foreclosure is a horrible experience and there are other solutions, such as short sales, which benefit our community and may help to get the Las Vegas economy back on track.

From January 1, 2007 through December 31, 2011, The Myers Team with The Caliber Realty Group 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 | Myers Team Short Sale Experts

Find Las Vegas Short Sale Experts

Las Vegas NV Area Sales by Type (Short Sale, REO & Standard)

Posted: 26 May 2012 09:56 AM PDT

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type History

Las Vegas Area Sales by Type

Las Vegas Area May 15, 2012 Active Listings by Type

  • REO: 714 (15%)
  • Short Sale: 1366 (28%)
  • All Other: 2733 (57%)

Las Vegas Area Short Sale, REO & Standard Sales


April 2012 Sales by Type:

  • REO: 1480 (39%)
  • Short Sale: 1152 (30%)
  • Other: 1157 (31%)

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.

Click here to see last month's Listing and Sales Type Report

Click here to view the most recent stats

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.

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About Me, Your Real Estate Professional

Posted: 26 May 2012 09:25 AM PDT

Greetings All,

Real Estate is my passion. As a newly licensed agent with Realty ONE Group in the wonderful state of Nevada, I intend to uphold the honors of carrying this prestigious distinction. I recently graduated with a Masters of Science in Criminal Justice from New Mexico State University. I triumphed in Collegiate Football with the Aggies, received fraternal recognition for working with the community and University activities, and have achieved academic honors throughout my educational career.

As a graduate student in Criminal Justice, I was forced to look at issues within the Justice System in an unconventional way. I've been able to consistently deliver unprecedented hard work, and dedication while handling each obstacle adroitly. This is exactly what I shall deliver to each of my clients as well. Whether you're buying, selling, renting or investing in Las Vegas Real Estate, you want me to be your agent!

People often ask me why I've decided to make a career out of Real Estate when I have a Masters in Criminal Justice; my answer is simply Mortgage Fraud. This atrocity has been rampant throughout Southern Nevada and Southern California and still continues today, perhaps under a guise. It is our duty as citizens to uphold our Constitutional Rights; I encourage you to be pro-active in your Mortgage process so you're not left in bewilderment when unfortunate events occur. I intend to join forces with anyone who strives to remove this miserable giant that has been wedged in our communities, our lives, and our futures.

In this Blog, I will discuss Nevada and National Real Estate matters, as well as some of the adventures I have in the realm of Real Estate. I hope you actively engage in sharing ideas and opinions with me.

Happy Blogging,

Christopher L. Romero

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