Las Vegas Real Estate News |  |
- <b>Las Vegas Real Estate</b> Market Starts 2012 on 10-Year High of 48186
- Las Vegas, NV Housing Prices Rebound 4th Straight Month. Low Inventory!
- Vegas Home Prices and Sales Are Rising
- Top 10 metros for shrinking inventory
- Is there any programs for single parents with bad/poor credit to buy a home for the first time? Just sick of throwing away 1000/month renting
- May 2012 Market Conditions In Zip Code 89145
- May 2012 Market Conditions In Zip Code 89148
- Short Sales in Las Vegas Outselling Foreclosures
- Las Vegas, NV Real Estate Cycle, Where are We Now!
- EXECUTIVE SNAPSHOT: Michael Newman
- Allure condo tower down to last new unit for sale
- Investors Retain Breakwater Equity Partners; File Suit Against Wells Fargo, LNR Alleging Fraud in Las Vegas Real ...
- Las Vegas Fourth of July Fireworks Displays & Events 2012 4th of <b>...</b>
- Strategies For Investing In The Commercial Real Estate Markets <b>...</b>
- Las Vegas
- Overseas buyers snatching up pricey homes
- 5 award-winning home designs
- If I am relocating to another state and am going to buy a new house than short sale the other, is that ok?
- What Happened To the Lease-to-Own Deals?
- Las Vegas Home Prices Up Because of Negative Equity. Low Inventory Because People Can't Sell
| <b>Las Vegas Real Estate</b> Market Starts 2012 on 10-Year High of 48186 Posted: 12 Jun 2012 07:02 PM PDT Las Vegas Real Estate. Las Vegas, NV (PRWEB) January 31, 2012. Homes for sale in Las Vegas hit record high all-cash purchases in buying spree from from institutional and private investors. Las Vegas real estate is ...     |
| Las Vegas, NV Housing Prices Rebound 4th Straight Month. Low Inventory! Posted: 13 Jun 2012 02:50 AM PDT Las Vegas Home prices increased for the fourth straight month as investors continue to dominate the market with cash offers above list price, the Greater Las Vegas Association of Realtors reported Thursday. Realtors sold 3,413 single-family homes in May, a 7.2 percent increase from the previous month and 9.7 percent increase from the same month a year ago. The median price rose 0.1 percent during the month to $128,000 and is up 1.6 percent from a year ago. The inventory of homes for sale decreased 23.8 percent from a year ago to 17,346 listings, http://tinyurl.com/7lupskb http://tinyurl.com/7wj8xft \\100's of Listed and Unlisted Reduced Price Foreclosure Homes for Sale Investors are Right on Target at Since 1917 Realty 702-499-7037   .DAVID COOPER 35 Yeras Experience. Investor and Buyers Agent CALL NOW! 702-499-7037  http://www.facebook.com/davidcooper.lasvegas    |
| Vegas Home Prices and Sales Are Rising Posted: 12 Jun 2012 11:42 AM PDT LAS VEGAS-According to the Greater Las Vegas Association of Realtors, home prices in May have increased for the fourth straight month as supply of homes listed for sale continues to shrink.    |
| Top 10 metros for shrinking inventory Posted: 13 Jun 2012 03:01 AM PDT |
| Posted: 12 Jun 2012 07:26 PM PDT    |
| May 2012 Market Conditions In Zip Code 89145 Posted: 12 Jun 2012 06:57 PM PDT     |
| May 2012 Market Conditions In Zip Code 89148 Posted: 12 Jun 2012 06:51 PM PDT     |
| Short Sales in Las Vegas Outselling Foreclosures Posted: 12 Jun 2012 05:05 PM PDT Las Vegas, Nevada -- Since the passage of AB284, short sale inventory in Las Vegas has been catching up with foreclosures. Now, for the first time ever, short sale closings account for the vast majority of homes sold in Las Vegas. Nearly 30 percent of existing home sales in April were short sales, compared with 26 percent in March, the Greater Las Vegas Association of Realtors reported. Meanwhile, bank-owned home sales declined to 36.9 percent of April, down from 40.7 percent in March. In the first quarter, short sales in Las Vegas grew 25 percent from a year earlier, hitting a three-year high. In contrast, bank-owned properties declined 15 percent versus the first three months of last year, the firm said. The trend indicates a shift in the way lenders handle mortgages that have gone unpaid. Lenders may be favoring short sales rather than waiting for troubled loans to go through the foreclosure process In fact, many lenders are now offering Las Vegas homeowners cash incentives to do a short sale. Homeowners who qualify are eligible to receive up to $30,000 once the short sale of their home is complete. A short sale is a safer alternative for a lender to avoid any potential problems that they face because of the way foreclosures are now processed. Last year, mortgage lenders faced allegations that they had been processing foreclosures without verifying documents. The pace of foreclosures slowed sharply as the nation's biggest mortgage lenders worked out a settlement with state and federal officials. They reached a $25 billion settlement in February, clearing the way for banks to take action on unpaid mortgages. Las Vegas-based SalesTraq showed 258 bank repossessions in April, the lowest number since the firm began tracking the data. For the past 12 months, bank repossessions declined 27.4 percent to 13,444, the firm reported. Nevada's robo-signing law, which requires lenders to provide an affidavit of authority to foreclose, has slowed filings since it went into effect in October. Fewer than 1,000 notices of default are being filed each month, compared with 3,000 to 4,000 a month prior to the law. The law has dampened foreclosure volume, limited overall resale supply and pushed prospective buyers to the new-home market. While these appear to be positive trends on the surface, they're likely to be temporary and extend the overall housing recovery timeline. A recent report named The Myers Team the #1 Short Sale Realtors in Nevada. Number one status was determined by actual short sale listings closed from January 1, 2007 through December 31, 2011. According to the report, The Myers Team with the Caliber Realty Group has negotiated more short sale approvals and closed more short sale listing transactions than any Realtor or Broker in Las Vegas. The majority of these closings have been short sales with Bank of America. The Myers Team is nationally recognized as one of the most influential figures in Real Estate today. According to Myers Team owner, Bill Myers, "Surrendering a home worth half of what you owe is NOT a failure, it's a business decision. A short sale is an opportunity for you and your family to take control and walk away free and clear. Nobody wants to lose their home; however, loan modification doesn't work and there is no need to go down with a sinking ship. Homeowners need to know when to say enough is enough." 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 negotiate the best possible outcome. Ultimately, our job is to take away the stress, and make the transaction as smooth and stress-free as possible." Visit The Myers Team web site at http://www.NevadaShortSaleInfo.com Also visit http://www.VegasShortSaleInfo.com    |
| Las Vegas, NV Real Estate Cycle, Where are We Now! Posted: 12 Jun 2012 03:23 PM PDT let's get to the part that investors really care about - where are we now, and how can you make money from this? If you look strictly at the 18 year pattern, the next peak will happen sometime in the mid 2020's - so we still have a few years. Rather than focusing on the date, though, I encourage investors to look at the fundamentals. If you dive deeper into the fundamentals you will notice that the market has for the most part leveled out. In most real estate markets across the country home prices aren't really increasing, but the huge drops seem to be a thing of the past. If you look at affordability indexes you'll notice how buying a home actually makes sense now - which was not the case a few years back. In fact, in many real estate markets it is actually cheaper to buy a home now than it is to rent. Interest rates are at all time lows, and mortgages are as attractive as they have ever been. Now I'm not predicting home prices to start climbing 20% like they did back in the height of the bubble, but investors shouldn't be banking on that anyway. Smart investors in today's market can see that with mortgage rates ridiculously low, and property prices back at reasonable levels, they can purchase homes at extremely high cap rates - which means cash flow. They aren't banking on appreciation to make money - they are making money every month from rental income. http://tinyurl.com/6oyjljk Investors are Right on Target at Since 1917 Realty 702-499-7037 .DAVID COOPER 35 Yeras Experience. Investor and Buyers Agent CALL NOW! 702-499-7037 http://www.facebook.com/davidcooper.lasvegas    |
| EXECUTIVE SNAPSHOT: Michael Newman Posted: 12 Jun 2012 03:40 PM PDT Commercial real estate brokers have to do more than simply show space for lease or sale to earn their commissions these days, said Michael Newman, managing director of CB Richard Ellis in Las Vegas.    |
| Allure condo tower down to last new unit for sale Posted: 12 Jun 2012 03:41 PM PDT Alan Schachtman will have to find somewhere else to stay when he visits Las Vegas. The senior vice president of Chicago-based Fifield Cos. had been staying at Allure, the 427-unit high-rise condominium tower developed by Fifield on Sahara Avenue.    |
| Posted: 12 Jun 2012 09:50 AM PDT LAS VEGAS, Nev. -- via PRWEB - Last Wednesday, a group of 34 investors from across the country represented by Breakwater Equity Partners filed suit (case no. A-12-658265-C) in the Eighth Judicial District ...    |
| Las Vegas Fourth of July Fireworks Displays & Events 2012 4th of <b>...</b> Posted: 12 Jun 2012 07:22 AM PDT Renee Burrows. Real Estate Agent in the Las Vegas - Henderson Area. Affiliated with: NAR, NVAR, GLVAR (Local Realtor Associations), REBAC (Real Estate Buyer's Agency Council), NABPOP (National Association of ...    |
| Strategies For Investing In The Commercial Real Estate Markets <b>...</b> Posted: 12 Jun 2012 02:34 AM PDT A Resource for Anyone Interested in Las Vegas Real Estate. Home Real Estate Market Strategies For Investing In The Commercial Real Estate Markets. Strategies For Investing In The Commercial Real Estate Markets ...    |
| Posted: 12 Jun 2012 03:51 AM 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 ...    |
| Overseas buyers snatching up pricey homes Posted: 12 Jun 2012 11:26 AM PDT |
| Posted: 12 Jun 2012 02:39 AM PDT |
| Posted: 15 Mar 2011 03:14 PM PDT My wife will no longer have a job. Family issues prevent her from working.    |
| What Happened To the Lease-to-Own Deals? Posted: 12 Jun 2012 09:03 AM PDT What Happened To The Lease to Own Deals?Lease to own deals commonly referred to as LTO, is one of the most discussed method of acquiring a home. This type of arrangement incorporates aspects of both a lease and purchase contract. After the emergence of the financial crisis mortgage qualifications have become rigid and almost impossible to meet. Advantages of using LTO
If using LTO is advantageous to both the home seller and the home owner, why aren't they being used? Challenges of using LTO
Due to the stated challenges of using the Lease to own deals, a number of suggestions have come up on ways to reduce and eliminate the encountered problems;
With a little patience and tolerance, the lease to own deals can make a comeback into the market and aid both the home seller and home buyer to get better housing deals.    |
| Las Vegas Home Prices Up Because of Negative Equity. Low Inventory Because People Can't Sell Posted: 12 Jun 2012 08:51 AM PDT The impact of the deluge of underwater homes is actually helping to increase lower-prices homes, according to CoreLogic. This is because supply is tighter for lower-priced homes since negative equity is greater. In fact, over the last two months, these less pricey homes have seen an average yearly increase of 4.5 percent while higher-prices homes have increased by only about 0.6 percent. So, despite reports of sluggish employment growth and increasing tension in the euro-zone, Khater sees reasons to expect price growth in certain markets. "We have transitioned from pricing dynamics driven by economic weakness and high shares of distressed sales to one of restricted supply, which will likely exist for some time to come – reason for optimism in many hard-hit markets," wrote Khater. http://tinyurl.com/8ybzn2f http://www.lasvegaswinner.org \\100's of Listed and Unlisted Reduced Price Foreclosure Homes for Sale <-Apply for your list of the lowest priced foreclosures in LV Investors are Right on Target at Since 1917 Realty 702-499-7037 .DAVID COOPER 35 Yeras Experience. Investor and Buyers Agent CALL NOW! 702-499-7037 http://www.facebook.com/davidcooper.lasvegas "LIKE" ME!    |
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