The local Las Vegas Market has had some positive air time from GLVAR and local news channels about the number of homes being sold and the rise in prices of nearly 2%! Prices rising for the first time in many months. The buyers seem to be primarily new/first time buyers and investment groups and the [...]
The Las Vegas Real Estate Market has seen a jump in the amount of buyer’s actively looking to purchase!!! Great news…..or is it????? The public seems to be under the impression that Las Vegas is still a buyer’s market; well people, I’m here to tell you don’t believe everything you hear!! There are alot of [...]
Seems like every buyer in Las Vegas today has CASH!! As a Realtor who specalizies in listing short sales here in Las Vegas, I can’t believe the amount of people who are buying properties with CASH!! I could sell 50k condo’s all day long!! Where are these people getting all this money???? I have no [...]
Recently a client called from a sale nearly 13 months ago. He had waited thru the process of a Short Sale and purchased a great property for about half the price..deep corner lot with a Casita located in the back corner..backed up to a school/park. On the day of signing he and his wife anxiously [...]
The Las Vegas housing market has seen a lot of short sales lately! Why would a buyer think a short sale is worth waiting for months on end for the seller’s lender to approve the deal? Well, several reasons…..at least in Las Vegas!! With inventory down on foreclosures, the competition to get these homes has become overwhelming [...]
There is a short period of time between a Short Sale and the loss of patience of Buyers and Sellers and not to mention Realtors. Having walked thru several of them and fought my way thru the back doors and rooms of the darkened Bank Vaults..looking for Asset Managers that really have the authority to [...]
Home Resale Decline in August If not only of the 2.7 percent drop of the home sales in August from that of July, the real estate market could have been in a much better condition. Last year’s sales were recorded to have been 2 percent much more advanced than that of this year, having this [...]