Despite the real estate market crash in Las Vegas and elsewhere I have been wondering about the effect of the real estate market crash on construction costs and asked Elizabeth Johnson for a guest blog post about the same subject and she kindly agreed. I highly encourage anyone who wants to do a guest blog [...]
Entries from October 27th, 2009
The Effect of the Economic Crash on Construction Costs in Las Vegas
October 27th, 2009 · No Comments · Las Vegas Real Estate
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Henderson and South Las Vegas homes for sale priced at $250,000-375,000, Part two
October 22nd, 2009 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate
Henderson and South Las Vegas homes for sale for $250,000-375,000, Part One I told our California ladies that they should pay particular attention to the price per square foot while looking at the homes that we showed them in Henderson, Green Valley and Seven Hills since this is the only way to compare between several [...]
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Henderson and South Las Vegas homes for sale for $250,000-375,000, Part One
October 20th, 2009 · No Comments · Las Vegas homes, Las Vegas Real Estate
This weekend Karen and I were showing homes in Henderson, Green Valley and South Las Vegas that are priced at $250,000-$375,000 to two professional and successful ladies from Long Beach, California. Californians are the only people that believe they are moving down, when they move to Las Vegas, everyone else is happy to move here. [...]
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Will the $8,000 first time home buyer tax credit be extended?
October 14th, 2009 · No Comments · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
The US House of Representatives last week passed a bill that extended the $8,000 first time home buyer tax credit next year for military, diplomatic and intelligence personnel who are serving overseas. This increases the probability that Congress will agree to an extension or even extend the entire credit program well into 2010. The White [...]
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Difference between making an offer on a Las Vegas foreclosure or bank owned home or condo and a regular sale
October 13th, 2009 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate
Many real estate investors in Las Vegas have never purchased a bank owned or REO (real estate owned) home before and expect all the good stuff that comes with a regular sale such as property disclosures or CLUE reports, negotiations, etc. So I will write about the differences when making an offer for a regular [...]
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Issues to consider when Las Vegas real estate investors contact us to buy Las Vegas homes and condos
October 11th, 2009 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate
When prospective investors contact us about buying Las Vegas condominiums or homes or high rise condos, there are a few issues that I would like to discuss here. Most of the investors who contact us about investing in Las Vegas real estate are not Las Vegas residents; furthermore they are unfamiliar with Las Vegas other [...]
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City Center, Las Vegas has cut prices by 30 percent
October 6th, 2009 · No Comments · Las Vegas high-rise condos
City Center Las Vegas cut their prices by 30% for those investors who have one or more condos under contract there as I had predicted a sizable cut in Las Vegas City Center condominiums prices in January 2009. This price reduction applies to the following high rise towers. Mandarin Oriental Las Vegas, 227 condos Veer [...]
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In Las Vegas asking prices for homes or condos can be misleading; it is the COMPS that count
October 5th, 2009 · 1 Comment · Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate
Many Las Vegas home or condominium buyers like to search for properties on their own and then will contact a Realtor when they see something that they like and ask for more info. This WAS a pretty good way to find properties in the 20th Century, but it is currently the 21st Century and outdated [...]
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N. W. Las Vegas home listing sold in a day, but after hostile tenant moved out
October 3rd, 2009 · 1 Comment · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
I do not like to list Las Vegas properties that I can’t sell, and that is why I have only listed one home to sell in 2009. In today’s Las Vegas home and condo market, regular listings should be able to compete with bank owned or REO homes or condominiums. There are not too [...]
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Interacting with Las Vegas real estate buyers and sellers
October 1st, 2009 · No Comments · Las Vegas Real Estate
The index page for Las Vegas homes, condos, land and commercial real estate states that I want to change the way real estate is done in Las Vegas. One of the most important factors is that I do not want the customer to feel pressured in any way; there is absolutely no law that buying [...]
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