Well the news has just picked up on the story that Wells Fargo is offering up to 15,000 in down payment asistance on a home in Las Vegas.

Wells Fargo will be meeting with potential home buyers at the Riveria on May 4th and 5th. You can visit the prior blog that has the detailed map of the area available for the program. So long as a home falls within the Las Vegas City limits it will qualify.

Please call Las Vegas Realtor Jeff Mix at 702-510-9625 and visit the Neighborhood Lift Las Vegas page for all of the details.

Showing properties 1 - 10 of 500+. See more city of Las Vegas real estate.
(all data current as of 5/19/2012)

1. $174,900 : 612 Bernini St, Las Vegas
   
   3 beds, 2 full, 1 part baths

   Home size: 1,614 sq ft

   Lot size: 4,356 sqft

   Year built: 2001

   Parking spots: 2

   Days on market: 0
   
2. $174,900 : MLS # 1252227 in Las Vegas
   
   4 beds, 2 full, 1 part baths

   Home size: 1,900 sq ft

   Lot size: 4,791 sqft

   Year built: 1996

   Parking spots: 2

   Days on market: 0
   
3. $164,900 : 6805 Tarpon Springs Ct, Las Vegas
   
   4 beds, 2 full, 1 part baths

   Home size: 2,667 sq ft

   Lot size: 6,098 sqft

   Year built: 2005

   Parking spots: 2

   Days on market: 0
   
4. $165,000 : 8401 Canvas Vest Ct, Las Vegas
   
   5 beds, 2 full, 1 part baths

   Home size: 2,303 sq ft

   Lot size: 6,098 sqft

   Year built: 2000

   Parking spots: 2

   Days on market: 0
   
5. $164,400 : 9538 Creedmoor Ct, Las Vegas
   
   4 beds, 3 full baths

   Home size: 2,390 sq ft

   Lot size: 4,356 sqft

   Year built: 2001

   Parking spots: 2

   Days on market: 0
   
6. $170,000 : 7528 Fort Wilkins Dr, Las Vegas
   
   4 beds, 2 full, 1 part baths

   Home size: 2,167 sq ft

   Lot size: 7,840 sqft

   Year built: 1994

   Parking spots: 2

   Days on market: 0
   
7. $159,900 : 9109 Cedar Door Av, Las Vegas
   
   4 beds, 2 full baths

   Home size: 1,775 sq ft

   Lot size: 3,484 sqft

   Year built: 2007

   Parking spots: 2

   Days on market: 0
   
8. $173,100 : 3850 Cotillion Ct, Las Vegas
   
   3 beds, 2 full baths

   Home size: 2,002 sq ft

   Lot size: 6,534 sqft

   Year built: 1996

   Parking spots: 2

   Days on market: 0
   
9. $159,990 : 6638 Ellerhurst Dr, Las Vegas
   
   4 beds, 1 full, 1 part baths

   Home size: 1,771 sq ft

   Lot size: 13,939 sqft

   Year built: 1978

   Parking spots: 2

   Days on market: 0
   
10. $170,000 : 9701 Great Bend Dr, Las Vegas
    
    3 beds, 2 full baths

    Home size: 1,789 sq ft

    Lot size: 6,098 sqft

    Year built: 1989

    Parking spots: 2

    Days on market: 0
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Life can be quite ironic. We have worked for quite some time to get our website ranking for the keywords we want. We have finally hit the first page of google for Las Vegas Realtor.

This was geared to connecting us with buyers who want to purchase homes in Las Vegas. So it goes, we get here and now our inventory is disappearing!  Like a dog chasing a car, if we get a buyer now, what do we show them, and what are the chances of even getting a property in contract. It’s tough for sure.

I had a buyer down from Idaho last week. Super nice,first time homebuyers and just a great little family. This is the kind of buyer that is a bit more rewarding compared to the investor who is just looking at the numbers on a spreadsheet. They will live there. They will laugh there. They will start their life there with a new baby girl. Who knows, they could even bring home another one of those cute little babies to this home.

We found them 3 homes they really liked. We wrote nice offers on all 3 of them. Two of the homes, we wrote offers 5k over list. One of those homes even had a high 5% coop for me and I kicked 1.5% of my commission towards the buyers closing costs to help their offer be more competitive.

Not one.

That’s right. We didn’t get one of them. Nothing. This story is mirrored with most of our buyers. It is tough to find a home in Las Vegas. There will be multiple offers on nearly all of the homes that are decent and priced accordingly.

You need a Las Vegas Realtor with heart and drive who will not quit until you have found a home in Las Vegas. You will get that with the Mix Merced Team. Like our partner Omar likes to say, “The best Realtor in the world,…..probably”

Jump over to my twitter page and check my tweets over the last 6 weeks to see how our active number of homes have dropped substantially. To start a home search just call the number at the top of the page or visit our Las Vegas Homes search page.

It would be a rugged road, as expected, for home buyers and homeowners to keep faith in a lending system fraught with questions about paper trails, rubber stamps and problematic documentation. Any pause in repossession activity affects the recovery in the long term. Foreclosure halts has an effect in a default-discharging system that’s working as of now, according the real estate experts, Sales Traq. The Las Vegas market has around 2,000 foreclosures every month, and is going well this 2010 to sell 24,000 foreclosures, a bit similar to the amount of properties banks will really take back locally in 2010.

At one look, it’s a housing problem that bypassed Las Vegas. There are a few mortgage lenders this month stopped foreclosures in the 23 states that needs court approval on housing repossessions, after judges found questionable default processes that concerns large amount of automatic signatures on documents the creditors never review. Nevada’s is not included in those states, but local housing experts stated that the foreclosure-paperwork questions may have an effect to the Las Vegas real estate market. People need to know about their home’s value now: Local experts have stated that the documentation problems are not usually have an effect to bring down area home values or curb home-sales figures in the coming term.

The reason for this is that banks will probably stop foreclosures for a couple of weeks or a month maximum, according to real estate experts. The inventory of real estate for sale would go down, but for too short a time to adjust the market significantly in either direction. Also, reining in defaults for a time could slowly get the prices up for a short period of time, as a smaller supply of listings placed upward pressure on values, based on the real estate consultants.

According to the North Las Vegas Chamber of Commerce, Directions 2010 got almost 200 registered attendees. The chamber sponsored the event together with the Las Vegas Business Press. Some of the speakers were Jeffrey Geihs, the vice president of the Public Education Foundation; and human resources official, Jamie Naughton, of Zappos.com. The last who made a statement was Mark Mix, president of the Virginia-based National Right to Work Committee. Experts warned of the values of passing the union-backed Employee Free Choice Act, which is also known as “card check.” “Card check” allows unions to organize in companies without going into an election. Real estate consultants said that if they get you to fill-up a three-by-five card, and 51 percent sign it, you are included in union without a secret ballot.

The president of the North Las Vegas Chamber, Michael Varney, hase said that the recent union growth in the public sector may affect the local economy. North Las Vegas has averagely low costs, and accessible commercial space, and access to the (Union Pacific) rail line. But before things go back to normal, the experts foresee much of the same. According to the consultants, there is no magic bullet. They think it will be flat for a couple of years and will make a great effort with the whole of the valley.

According to the real estate experts, if housing values neutralized now, and go up at 5 percent at year, it would cost them 17 years to arrive at the $300,000 mark. The statement by the Restrepo Consulting principal were answered with gasps from some of those attended which includes some members at Texas Station. Experts did not predict a return to anything close to the 30 percent-plus yearly appreciation the valley faced in 2004 and 2005. One great thing to his scenario: Out-of-state companies might appeal to the lower housing values. North Las Vegas could also see some changes. Foreclosures and unemployment in North Las Vegas have taken the news, but the city’s industrial strength could help get it out of the recession.

North Las Vegas recorded the highest potential locally for industrial growth and the high salary jobs that manufacturing creates. The economy of North Las Vegas are facing some bright spots, but the valley’s housing business may not get a total rebound for almost a generation, as foreseen by real estate experts in the city’s Directions 2010 event. A stabilization in housing values, together with small appreciation, would not totally put into order majority of home values for at least two decades, based on the experts. Based on the news, the median value today is $139,000.

As long as the aim continues to be on the symptom than the disease, people will experience small development towards real solutions and this crisis will continue to be the same for the coming years. Based on the reports, five main lenders had stated that they would suspend foreclosure activities in some states due to legal questions over notarization of documents. Real estate experts have yet to find any change in foreclosure sales in Nevada by these creditors via the first week of October. Based on the experts, that’s not completely unexpected as a large part of the activity was limited to 23 states where a judge’s action is required to approve foreclosure.

Real estate consultants don’t think it’s a change in direction for servicers. Though consulants are sure that foreclosures seems to slow down during the holidays, so before and after that tends to be a little bit of a wave. Based on experts, Clark County foreclosure sales experienced a high increse in September as 2,771 homes were foreclosed by the banks, a 52 percent boost from the past month and 32 percent rise in contrast to the same month last year. The amount of foreclosure sales bought by third parties was 564, in contrast with 566 in August and 513 in September 2009, based on the records of real estate experts.

Based on the real estate experts, they don’t like to predict about the future of the real estate market. Though the experts are certain that where they are at today and where they have been. But if the remaining of the 2010 constantly follow the present trends, as majority of housing experts foresee, they think that they would have to look back on this period and say the market is now at or near the bottom of the housing market.

According to the reports of the experts, 797 sales of condos and townhomes at a median value of $65,000, a fall of 7.2 percent and 1.1 percent, respectively, in contrast to the result last year.

The average number of homes sold as foreclosures or short sales and at financial institution approved sales for less than its original mortgage balance continued to be steady in September at 42 percent and 30 percent. Additionally, 45.4 percent of sales were cash only deals. According to real estate experts, there are signs of stability in the numbers. The amount of bank-owned property closings ranges around 1,400 and 1,550 for the last six months, and short sales have ranged around 950 and 1,150 for the same period. The success average of closed short sales in contrast to pending short sales has gone up from one in every 11.88 in escrow in April to one in every 8.53 in escrow in September.

The end of of the federal homebuyer tax credit in April has been the reason for a decrease in sales, which in effect caused a backlog of inventory. The median single-family home price went down 2.2 percent from a last year to $135,000 in September, based on the reports of the real estate experts. Total dollar volume of sales transactions during the month is recorded to $476.5 million, a 15.5 percent fall from September 2009. Real estate agents and housing experts have been releasing statements for about a year now the market is reaching its bottom. The falling trends are expected to continue into the usually slow winter months.