Wednesday, June 26, 2013

Las Vegas Real Estate News

Las Vegas Real Estate News

Link to Las Vegas Real Estate News

Purchase loans increase even as interest rates spike

Posted: 26 Jun 2013 06:52 AM PDT

Applications for purchase loans increased last week, even as interest rates skyrocketed to their highest level in nearly two years on news that the Fed may begin to wind down its stimulus program this year, the Mortgage Bankers Association (MBA) reported ...

Back at You offers ‘full-service Facebook solution’

Posted: 26 Jun 2013 06:19 AM PDT

Heeding the exhortations of marketing experts, many agents have created their own Facebook pages with the expectation that they will generate leads. But Michael Glazer, CEO of Back at You, said many of these pages suffer from poor design and ...

Are people who click the like button ‘engaged users’?

Posted: 26 Jun 2013 03:30 AM PDT

There's a selective confusion around social media that afflicts some and not others. This confusion also varies in intensity. For some of the afflicted, it's intensely strong. For others, this confusion is just a small worry in the back of ...

Move execs to brief venture capitalists on senior housing trends

Posted: 25 Jun 2013 02:15 PM PDT

Executives with realtor.com operator Move Inc. and Move business division SeniorHousingNet will give a presentation, "Trends in Housing for Boomers and Seniors," at the Silicon Valley Boomer Venture Summit on Wednesday, June 26, in Santa Clara, Calif. Source: prnewswire.com. &nbsp ...

Trulia: Home prices see higher gains in cities than suburbs

Posted: 25 Jun 2013 02:11 PM PDT

Home prices in urban neighborhoods are rising faster than in suburban neighborhoods, an analysis from real estate search and marketing site Trulia found. At the end of May, median price per square foot in urban areas had risen 11.3 percent ...

Lender to offer 5-year financing for distressed homes

Posted: 25 Jun 2013 02:04 PM PDT

Econohomes, an Austin, Texas-based buyer and seller of distressed homes, says it's launching a sister company to finance homes priced at less than $100,000. Visio Financial Services will initially provide five-year loans to borrowers in 35 states who are able ...

Bill to wind down Fannie and Freddie has bipartisan support

Posted: 25 Jun 2013 01:50 PM PDT

There's bipartisan support for a Senate bill that would replace mortgage giants Fannie Mae and Freddie Mac within five years with a federal mortgage insurer that would guarantee payments to investors in mortgage-backed securities — but only after a 10 ...

Imprev offering mobile marketing center to individual agents

Posted: 26 Jun 2013 02:15 AM PDT

Bellevue, Wash.-based real estate marketing software firm Imprev Inc.'s tablet-focused mobile marketing platform featuring responsive single-property websites, property tours, brochures, and e-newsletters is now available to individual agents. The platform — which includes over a dozen marketing tools including a ...

Supreme Court decision ‘huge win’ for developers?

Posted: 25 Jun 2013 02:42 PM PDT

Local governments may have to compensate landowners who are denied permits to develop their land, the U.S. Supreme Court has ruled, weighing in on an 18-year-long legal dispute over a 15-acre parcel east of Orlando, Reuters reports. Coy Koontz had ...

Buyer demand, inventory shortages create ‘sweet spot’ for homebuilders

Posted: 25 Jun 2013 02:26 PM PDT

San Francisco Bay Area homebuilders have "hit (a) sweet spot" with rising buyer demand and low inventory, the San Francisco Business Times reports.  KB Home is pricing 98 new homes planned in Dublin at $844,000 to $919,000, and 90 more ...

Real Estate Sizzles Again In Las Vegas

Posted: 26 Jun 2013 01:08 AM PDT

High-paying investors have helped Las Vegas' real estate prices to bloom in a place that once ranked as the country's foreclosure capital. Thanks to these big-money investors as well as a shortage of supply, single-family home prices in Vegas have increased an average of 32.8 percent from a year ago, according to the Greater Las Vegas Association of Realtors. The housing market is so tight that ...

Q & A with America’s real estate professor: Out of state rental property investment

Posted: 25 Jun 2013 01:38 PM PDT

Price changes in real estate are not reliable gauges of whether values will increase going forward.

New index reveals mortgage credit easing

Posted: 25 Jun 2013 11:14 AM PDT

Continuing an upward trend, mortgage credit availability rose in May compared to the month before, according to a new index from the Mortgage Bankers Association and mortgage information provider AllRegs. The Mortgage Credit Availability Index, announced today, is designed to ...

Dropbox for Business is more than a rebrand

Posted: 25 Jun 2013 11:48 AM PDT

Dropbox, the popular cloud storage service, has released "Dropbox for Business," a new service that's much more than a rebranding of Dropbox for Teams, the company's previous business offering. Dropbox has been widely adopted by the real estate industry and ...

California Realtors warning sellers about pocket listings

Posted: 25 Jun 2013 11:11 AM PDT

The California Association of Realtors has published a "Q-and-A" on pocket listings for Realtors to distribute to their clients and the news media titled "The Pros and Cons of Off-MLS Listings: What Consumers and Real Estate Agents Should Know." The ...

International buyers scale back purchases of US homes

Posted: 25 Jun 2013 09:02 AM PDT

Foreign buyers purchased a smaller share of U.S. homes sold in the year through March 2013 compared to the year before, according to an annual report from the National Association of Realtors. An 11.5 percent drop in average sales price, ...

Dotloop, CAR CEOs will explore ‘gnarly details’ of paperless at Real Estate Connect

Posted: 25 Jun 2013 09:48 AM PDT

Top executives with the California Association of Realtors and transaction management software provider dotloop will take to the stage at Real Estate Connect San Francisco to discuss issues including security and privacy that CAR has cited in refusing to license ...

Hipster Miami condo tower won’t have parking garage

Posted: 25 Jun 2013 07:44 AM PDT

A 37-story condo tower going up in downtown Miami will have no parking garage, which will make the 352 units in the building more affordable to young urban buyers who are happy taking public transit or using bike- and car-sharing ...

New-home sales rise in May

Posted: 25 Jun 2013 07:10 AM PDT

Sales of new single-family houses rose 2.1 percent in May, increasing to a seasonally adjusted annual rate of 476,000, according to an estimate jointly released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. ...

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