I hope everyone had a great Thanksgiving! Thank you for taking time out of the biggest shopping day of the year for Black Friday Figures! All information from the GLVAR MLS system. This is exactly what you and our Realtor need to know if you are touring, making offers, or listing property this weekend in [...]
By now everyone has heard that existing home sales were up in October, which drove inventory down. Residential investment and the Case-Shiller are up too. Even sales of new homes are up. Don’t get to thinking this is a trend. The reason we had so many closings in October is that buyers were trying to [...]
It’s time for Friday Figures! All information from the GLVAR MLS system. It’s critical information you and our Realtor need to know if you are touring, making offers, or listing property this weekend in the Las Vegas Valley! Summary: We have officially crept back over 11,000 available units, but don’t panic. Instead, remember that we [...]
Hooters Las Vegas is currently in default, and is trying to restructure $147 million in debt. More on the Cosmopolitan: Deutsche Bank has had to write down a half billion euros — about $748 million — and there is no clear opening date in sight. I’ve said before that the housing crisis will not be [...]
Welcome back to Friday Figures! All information from the GLVAR MLS system. It’s critical information you and our Realtor need to know if you are touring, making offers, or listing property this weekend in the Las Vegas Valley! Summary: It’s really close, but we’ve now had 4 straight weeks of under 11,000 available listings! Prices [...]
Deutsche Bank, who foreclosed on the Cosmopolitan project last year, is offering to refund up to 74% of the deposit money that would-be buyers put up. However, a lawsuit by those buyers has been filed: Cosmopolitan’s developers also misled apartment buyers about completion delays, added units, insufficient parking and changes to the builder contract, according [...]
It’s time for Friday Figures! All information from the GLVAR MLS system. This is what you and our Realtor need to know if you are touring, making offers, or listing property this weekend in the Las Vegas Valley! Summary: Available listings remain under 11,000 for a third week. Prices of available single family homes are [...]
Two little news bits for you. First, the Senate has attached an extension of the $8000 first time buyers tax credit to a bill extending unemployment aid and passed it unanimously (some restrictions apply, of course). The House of Representatives still has to vote on such a proposal, but a compromise is already in the [...]
