Jeff Mix 702-510-9625
Real estate figures, from a new report done by the a prominent real estate expert, questions more positive ones traditionally quoted to exhibit the high quality of life in Las Vegas. The new data shows that in Clark County approximately 60 percent of those living in single-family house in fact own them, and the numbers [...]
Clark County real estate owners who got lower tax bills this 2010 because a high number of property prices went down in the recession. The trend is double-edged, which allows owners extra cash in the presently hard economy but exacerbating local governments’ fund problems. Property tax revenue went down by around $470 million this 2010, [...]
According to real estate consultants, there are two main drivers of mortgage delinquency in Las Vegas. One is 14.1 percent unemployment, meaning that more people are not able to pay their mortgages. The other is 55 percent housing value plunge, meaning lots of people are not willing to pay. Based on the reports, the estimated [...]
Based on the reports of real estate consultants, Las Vegas is exhibiting a delinquency rate of 18.18 percent in the second quarter of this year, much lower from 18.61 percent in the last quarter and from 18.89 percent in fourth quarter of last year. There is almost one in five residents of Las Vegas are [...]
Based on economic experts, real estate experts cautioned about assurances of principal reductions, which most creditors are not willing to do, and automatic refund scams in which the company asks for $3,500 in advance. Averting a foreclosure fraud is a hard task according to the Housing and Urban Development office in Las Vegas. Nevada’s foreclosure [...]
Based on real estate experts, do not believe anyone who says foreclosure scams are not real. Her office got many complaints against some 200 companies and has 14 criminal litigation files open against loan modification companies in Clark County. Foreclosure fraud has started to become a problem in Nevada, which guides the nation with one [...]
Based on the reports, a bank may not want to delay as long to sell a home and will lessen the value for a quicker sale. According to real estate experts, these factors should relate to anyone attempting to model this market, and this includes the automated valuation models, which are usually utilized in tax [...]
According to real estate experts, residential listing service Zillow.com stated that Las Vegas home values at $126,000 in May, a plunge of 12.2 percent from a year ago. Henderson home values went down 16.7 percent to $149,000, North Las Vegas dropped 11.8 percent to $122,500, and Boulder City fell 28.9 percent to $146,000. Homeowners who [...]
Based on the reports of Michele Shafe, assistant director for the Clark County Assessor’s Office, assessed prices are manifested at 35 percent of taxable value. One example of this is $38,728 average assessed value in east Las Vegas would result to $110,651 taxable value. The largest fall in average assessed prices came are experienced in [...]
Based on 2010’s tax assessments, local landowners will not feel as if they have to bend over and get that loose change on the ground. According to First American CoreLogic valuation service, the long plunge in home values may reduce the tax load for Las Vegas homeowners, though it has also put the 75 percent [...]
