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Las Vegas Market Update Sep. 25, 2009- Oct. 2nd 2009

SINGLE FAMILY RESIDENCE

On The Market                                                20,007

Bank Owned                                                     5,507

Short Sale                                                       10,242

Pending                                                           2,955

Contingent                                                       8,732

Sold                                                                1,000

Foreclosure Commenced                                    1,216

CONDO/TOWNHOUSE

On The Market                                                  5,171

Bank Owned                                                     1,420

Short Sale                                                        2,755

Pending                                                               734

Contingent                                                        2,158

Sold                                                                    249

Foreclosure Commenced                                       260

Look at the properties that are under contract or Contingent.   Contingent means that there has been an offer written on the property.  There could be many reasons why it did not go straight into Pending Status, inspections, loan is not quite in place, or what we are seeing a lot of these days is waiting for the bank to decide on a short sale.  The amount of homes that owners are trying to sell short is quite high also.  It is of course because their home is not worth what they still own on it.  This is the whole Las Vegas Valley, it does not include Boulder City, or Pahrump.

Las Vegas Real Estate Update Aug.9th-Sept.18th 2009

 SINGLE FAMILY RESIDENCE

 

On The Market                                                8331

Bank Owned                                                   1688

Short Sale                                                       3635

Pending                                                          2994

Contingent                                                      8801

Sold                                                               4145

Foreclosure Commenced                                     378 

 

CONDO/TOWNHOUSE

 

On The Market                                                 2536

Bank Owned                                                      492

Short Sale                                                        1074            

Pending                                                             731  

Contingent                                                       2107

Sold                                                                1090

Foreclosure Commenced                                       77 

Las Vegas Real Estate Update July 18th- August 8th 2009

Single Family Residence

On The Market                         8,842

Bank Owned                                1,914

Short Sale                                   3,745

Foreclosure Commenced                 730

Contingent                                   2,032

Pending                                        8,032

Homes Sold                                  2,261

 

Condo/Townhouses

On The Market                            2,772

Banked Owned                               603

Short Sales                                 1,110

Foreclosure Commenced                  97

Contingent                                  1,899

Pending                                          667

Homes Sold                                    564

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

On the Summerlin blog are definition of Contingent, Pending and Foreclosure Commenced.

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.

 

Las Vegas Real Estate Update July 11th – July 17th 2009

Single Family Residence

On The Market                            9,069

Bank Owned                                3,857

Short Sale                                   3,857

Foreclosure Commenced                 406

Contingent                                   2,135

Pending                                       2,918  

Homes Sold                                     578  
                                                      
              
                          

Condo/Townhouses

On The Market                            2,886   

Banked Owned                               650 

Short Sales                                 1,152

Foreclosure Commenced                  83

Contingent                                  1,774

Pending                                         710

Homes Sold                                   140

 

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

On the Summerlin blog are definition of Contingent, Pending and Foreclosure Commenced.

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.

702-277-3195

Las Vegas Real Esatate Update Jan.18th-Feb.6th 2009

Single Family Residence

On The Market                         15,938

Bank Owned                               5,741

Short Sale                                   5,582

Foreclosures                                  634

Pending/Contingent                     5,806

Homes Sold                                  1,460

Condo/Townhouses

On The Market                             4,537

Banked Owned                             1,594

Short Sales                                   1,315

Foreclosures                                   105

Pending/Contingent                       1,075

Homes Sold                                     305

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.
I let this go two weeks this time to see what kind of change there would be.

Home Builders Show in Las Vegas

Home Builders Show                    Las Vegas Welcomes The Home Builders                                   Welcome Home Builders 

It seems the focus this year for the home builders show is Green.  Increasing competition between “green” product suppliers is driving costs down, making it more affordable to build greener homes.  Consumers are also very interested in cutting energy costs and the building of much more efficient homes will be a good thing for buyers.

Some of the items that were shown at the show:
Radiant floors have come down in price making them much more affordable and warm on the feet:)
Flashing tape that helps keep the water out of your home.
New electric tankless water heater by the way they are being used at the new Summerlin neighborhood of Villa Trieste
Several new siding, natural and made up of  fiber cement.
Gas or propane-powered fireplaces can be an energy efficient way to heat a room, and fireplace maker Napoleon showcased several stylish designs at the show, including its new Crystallo model. The rectangular fireplace is designed to fit several feet up off the floor, like a wall-embedded fish tank.

Over all the show did not have as many vendors this year, I suppose due to the state of the economy:(  But it is exciting to me to see more green products being offered.  It is exciting to see it becoming more affordable to GO GREEN

 

New American Home The New American Home in Las Vegas is shown in this photo from the National Association of Home Builders. The 8,721 square-foot home features solar paneled awnings and other innovations.
Photo by The Associated Press

Las Vegas Market Update Jan.10th- Jan. 16th 2009

Single Family Residence

On The Market 16,410

Bank Owned 6,184

Short Sale 5,438

Foreclosures 614

Pending/Contingent 5,226

Homes Sold 348

Condo/Townhouses

On The Market 4,544

Banked Owned 1,619

Short Sales 1,219

Foreclosures 88

Pending/Contingent 1,020

Homes Sold 76

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.

More sold’s this week than in previous weeks.  Looks like the trend is heading towards a good spring:)

Las Vegas A Wonderful Business

I have had computer troubles for the last week.  As a Realtor and Blogger I could not access my MLS to look at properties or get into my administration to update my blogs. (get rid of spam LOL)  I was out of my mind with frustration.  Well I was upset.  Now, I am not too trusting when it comes to hiring people to do things for me  but being at my wits end I looked in the Yellow Pages and finally decided on

                                                                                               Anytime Computers

I called and was answered right away.  I spoke with  an awesome tech and even though I was not at home, he came to my house  ( My mom was home) and he worked so hard we kept in touch by phone.  He had to take my computer home with him and again he kept me up to date and with the progress he was making. 

It has been a long time since I have witnessed this kind of customer service.  Honesty and integrity are putting it mildly.  If you ever have to have your computer work on and want to feel a level of customer service you will not believe, then you must call Anytime Computer Services.  There are three numbers you can call:
Henderson : 702-856-2875
Las Vegas : 702-856-2885
Summerlin: 702-856-2880
You will not be sorry!

Las vegas Market Update Jan. 3rd- Jan. 9th 2009

Single Family Residence

On The Market                  16,518

Bank Owned                        6,314

Short Sale                           5,427

Foreclosures                           611

Pending/Contingent             5,002

Homes Sold                              330

Condo/Townhouses

On The Market                      4,460

Banked Owned                       1,613

Short Sales                             1,163

Foreclosures                               80

Pending/Contingent                1031

Homes Sold                               55

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.
The Pending sales have gone up this week, more buyers out in the market writing offers!  That is good news, that along with warm weather for this next week
should produce an even higher number next week.  Lets see if I am right!

Las Vegas Real Estate Update Dec.27th 2008-Jan.2nd 2009

Single Family Residence

On The Market                  16,446

Bank Owned                        6,326

Short Sale                           5,336

Foreclosures                           600

Pending/Contingent             4,996

Homes Sold                             376

Condo/Townhouses

On The Market                      4,439

Banked Owned                       1,613

Short Sales                            1,150

Foreclosures                               75

Pending/Contingent                  1001

Homes Sold                                  92

These are the Stats for the Las Vegas Valley only.  Not Boulder City, Pahrump, or Reno only the Las Vegas Valley it does include Summerlin, Henderson and  North Las Vegas

If you are looking to move or invest in Las Vegas Please give me a call
If you have a home to sell in Las Vegas I would love to sit down and talk with you.
Not a whole bunch of movement in the market this week.  Again because of the holidays and it has been cold here in Las Vegas.  It is suppose to warm up next week.