The NV Energy committee was present at the Realtors’ preview reception to talk about the Energy Plus residential rating system that the homes achieved. According to the real estate experts, the presentation was very successful, where they had over 300 Realtors participate in the event and their response was very outstanding. They agreed with the [...]
Based on the real estate experts, the homebuilding industry has historically been an economic leader in bringing the country out of a recession, but it’s not happening so much this time. Based on the real estate experts, the American West presentation was the first really positive presentation the real estate has seen in the last [...]
According to real estate experts, the foreclosure filings were based on the records of April 2009, but the rest of US experienced a 27 percent fall. During the first quarter, the Las Vegas valley had 74.7 percent of its homes underwater and 2.9 percent going the negative equity border. About the same as it was [...]
According to the reports of CoreLogic, the latest 90-day mortgage delinquency rate in March was recorded at 22.2 percent in the Las Vegas area, up from 21.4 percent in February. The rate went up monthly for more than one year. As recorded last March 2009, 14 percent of homeowners were delinquent for 90 days or [...]
Based on real estate experts, the present status of the real estate market brings positive news to homeowners who want to see prices go up. In the condominium and town home market, the 787 sales fell 3.3 percent from March but went up to 8.3 percent in April 2009. The median price of the units [...]
Real estate experts were expecting that the market would be strong with the tax credit in effect. It’s the result of the weakening inventory. Based on the real estate experts, the Multiple Listing Service had only 1,600 foreclosed-upon properties that were available the previous week. Of all the 20,875 real estates that are listed at [...]
Based on real estate consultants, the value of residential lots in Las Vegas has gone up from $40,000 to around $50,000 per lot, compared with the figures $25,000 to $35,000 from the previous year. According to the statistics released by real estate experts, 17.2% of would be home buyers says they are thinking about buying [...]
According to real estate experts, the closing of short-sale went up to a value of 905 last March, which is a 42 percent boost compared to last February and 323 percent increase from March last year. Around an average of 10,000 out of 12,445 home closings, or around 80 percent, now belong to short sales. [...]
Based on the real estate consultants, creditors are dealing out short-sale transactions much quicker and the percentage of short sales is foreseen to grow ahead even if the new HAFA guidelines have no effect whatsoever. According to real estate experts, short sales are the very best solution for homeowners who are in the midst of [...]
According to housing experts, this positive development of short sales may prevent a great deal of foreclosures in the future. Short sales are the most practical alternative. In the market, there are rent for deeds, deeds in lieu of foreclosure, HAMP, HAFA. Even if you look at its results, it won’t even come very close [...]