A Good Read! Please visit Bill's original post to comment! More good news for the real estate industry!! According to the Office of Federal Housing Oversight's Housing Price Index for the 2nd Quarter of 2008 released August 26th, 30 of the 50 States had positive changes in house prices from Jun
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08/28/2008
The Las Vegas Valley has seen some major market stabilization in the last half year. Absorption for August 2008 is a healthy 6.8 months of inventory (compare it to 22.5 months inventory in Nov/Dec!) Be warned, the market as a whole is considered a "neutral market" ~ not a buyer's market, not a
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08/27/2008
Rhodes Ranch Executive Home!Location: Rhodes RanchRR Is a guard gated golf community w/ many amenities including a water park!For More Information on Rhodes Ranch:www.ReneeBurrows.com/RhodesRanchFeaturesBedrooms: 4Bathrooms: 2.5Year Built: 2001Subdivision: Rhodes RanchLot Size: 7248Garage Size: 3
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08/27/2008
SW Las Vegas Vistana 2 Bedroom Condo!Location: Vistana @ Rhodes RanchFor Condo Complex Info:www.Vistana411.comFeaturesBedrooms: 2Bathrooms: 2Parking: openYear Built: 2002Subdivision: Vistana at Rhodes RanchLocated on Floor #: 2Floors in Bldg: 3School District: CCSDSquare Footage: 962Agent Name: R
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08/27/2008
Patio Home in SW!Location: Liberty @ Warm SpringsFor Area Info:www.ReneeBurrows.com/LibertyAtWarmSpringsFeaturesBedrooms: 3Bathrooms: 2.5Year Built: 2004Subdivision: Liberty @ Warm SpringsLot Size: 2178Garage Size: 1School District: CCSDSquare Footage: 1337Agent Name: Renee BurrowsBroker: NVRSMLS
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08/27/2008
I have to say there is a FLURRY of activity out there with buyers scrambling to secure a contract in the next week for their FHA seller assisted Down Payment Assistance (DPA or DAP.) I have been behind with getting my market reports out for this month due to it! We are seeing multiple offers on
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08/26/2008
Rental units leased are still increasing year over year since 2006. August is the hottest (literally and figuratively) rental month so we shall see if the trend continues the next two months! Units Leased: July 2008: 1697 June 2008 1564 May 2008: 1554 April 2008: 1536 March 2008: 1531 Febr
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08/24/2008
Bank Owned Las Vegas Listings (AKA Foreclosures, REOs) are enjoying a HOT SELLER'S MARKET! Inventory has risen dramatically (+593 units), Pendings have risen DRAMATICALLY (+306 units.) Closing data is up up UP at + 278 units. Multiple offers are streaming in as banks continue to lower to fire
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08/23/2008
Spring Valley Single Story!Location: Spring Valley ~ Casa LindaSpring Valley Single Story for sale. Not a short sale, not an REO, just PRICED RIGHT FOR QUICK SALE! Hurry, seller assisted non profit DPA goes away on Oct 1, 2008!Well cared for home. Inside is in good condition but needs some seriou
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08/22/2008
The absorption rate for Las Vegas Short Sales had a slight dip in July/August 2008. Absorption still remains high and above the 2 year mark. Inventory has risen dramatically (+510 units). Pending units has also risen dramatically by +142 units. Many under contract are no where near bank appr
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08/17/2008
