Archive for November, 2009

Friday Figures for 11/7/2009

November 27, 2009

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 [...]

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About the Housing Sales Figures

November 25, 2009

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 [...]

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Friday Figures for 11/20/2009

November 20, 2009

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 [...]

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Odds and Ends

November 18, 2009

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 [...]

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Friday Figures for 10/13/2009

November 13, 2009

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 [...]

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Good News for Buyers of Cosmopolitan Condos?

November 12, 2009

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 [...]

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Friday Figures for 11/6/2009

November 6, 2009

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 [...]

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Our Elected Officials at Work

November 5, 2009

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 [...]

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