With bonus “real estate yellow flags”! In other news, Trulia says that Vegas tops the list of cities where it’s more cost effective to buy than to rent. Investors are getting hip to the idea that we aren’t dead yet. Seriously: experienced landlords wanted.
Thanks for dropping by to read Friday Figures! All information from the GLVAR MLS system. Here’s the facts and useful information you and your Realtor must know before touring, making an offer, or preparing a listing this weekend. You can see me tell you about the figures live on Getting REAL (Estate) in Vegas on [...]
I am utterly shocked that this isn’t getting more press coverage. The LVRJ reports that Bank of America’s ReconTrust unit has been ordered by the courts to halt all foreclosures in Nevada. This stops 7500 foreclosures until the courts look into the situation more closely. The short version is that ReconTrust may not have a [...]
Sorry if this post seems a bit disjointed. There’s so much to tell you that just can’t wait until Friday. First of all, don’t forget to watch the latest Getting REAL (Estate) in Vegas for an overview of East side neighborhoods, condo financing criteria, and more! Let’s tackle home sales and prices. Some experts expect [...]
Welcome to Friday Figures! All information from the GLVAR MLS system. Touring, listing, or making a purchase offer in the Las Vegas Valley this weekend? Read this first! Summary: At 14937 available units, we’re at crunch time: does that number continue to go up by 200-300 every week, or does it level off and stay [...]
Welcome to Friday Figures! All information from the GLVAR MLS system. Here’s the real deal that you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend. Summary: We have officially broken through the support level at 10,000 listings; there are only 9896 [...]
The foreclosure problem is has been so bad here that Las Vegas, North Las Vegas, Henderson, and Clark County are teaming up to best get and use Federal stimulus money. People who signed up to buy condos in the City Center project are not very happy right now. They bought near the top of the [...]
Because Vegas has lost jobs over the last year, our population is down. And that in turn has caused apartment vacancy rates to rise and rents have dropped to 2006 levels. Economist and real estate expert Robert Shiller (whose name you may recall from the Case-Shiller index) says that real estate prices will continue to [...]
First, a big Welcome Home! to almost 300 airmen of Nellis Air Force Base, returning from overseas missions. Another welcome sign, Mojave Max has emerged from his hibernation at the Desert Tortoise Conservation Center. That makes it “officially spring” for some Las Vegans. If you live in Vegas, your mortgage is with Chase, and you are [...]
While homebuilder confidence remains near a record low, it turns out that actual housing starts are up 22% mostly due to apartments (official Census report). It sounds like the homebuilders have put in a “panic bottom”. Renters, beware of the NAR lease scam. “In this scam, rental property is offered to consumers, who are led to [...]
