My take on the Las Vegas massacre

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Why we didn’t announce the new website for a week Designing and authoring the new website Las Vegas homes, condos & luxury high-rise condos has been breathtakingly difficult and took a long time to do. So publishing it should have been a very happy occasion except it wasn’t. We published the website last Sunday, planning to announce on Monday, but woke up to the news of the Las Vegas massacre the next morning which to this day is tearing me up at the seams. It has been my experience in life that A. holes do what they are and it is stupid to be seriously bothered by what they do. But sometimes results are so tragic that it is impossible to unaffected. So here is my take on the Las …

Video Transcript: How Las Vegas Residential Purchase Agreement affects buyers

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This is the video transcript of how Las Vegas Residential Purchase Agreement affects buyers with embedded data To watch the video please click on effect of changes to Las Vegas RPA on financing buyers-video How recent changes in the Las Vegas Residential Purchase Agreement or RPA affect buyers who need to finance a mortgage Greater Las Vegas home, condo or high rise condo buyers who need to finance a mortgage are now facing appraisal and mortgage deadlines due to recent changes in the Las Vegas Residential Purchase Agreement or RPA. Up to October 2016 buyers who wanted to finance their mortgage did not face any deadlines to finalize and fund their mortgage loans until a few days before the contract expiration. If the mortgage was not ready, they would go …

Rocketing prices in a strange Las Vegas real estate market-Video

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Escalating prices in the listing starved Las Vegas real estate market can’t go on forever Why do we put so much emphasis on Las Vegas real estate market reports? Because mastery of it can be used to help clients make or save a great deal of money. Back in December, we were the first and only to accurately predicted current Las Vegas housing market in overview of Las Vegas real estate market in 2017-video. In the next video called buying a home in July could cost 10% more than now. We even told our viewers when price gains will come and by how much and recommended that they buy before March. Those who heeded our advice to buy before March have saved thousands of dollars and much headache. In this …

Video Transcript: Rocketing prices in a strange Las Vegas real estate market

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Video Transcript: This is the video transcript of rocketing prices in a strange Las Vegas real estate market video, to see the post with embedded video please click here Before we discuss the Las Vegas real estate market for June 2017 here are some mind-boggling homes, condos, and townhomes median price appreciation since January 2016 and January 2017. [table id=46 /] The median price of Las Vegas homes is up by 15.2% from January 2016 and 6.4% from January 2017. But when it comes to townhomes their median price has appreciated by 23.3% from January 2016 and 13.5% in the past 5 months. The median price of Las Vegas condos is up by an eye-popping 30% from January 2016 and 19% since January this year. In the rest of this …

Video Transcript: Las Vegas high rise condos appreciation rates since recovery

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This is the video transcript of Las Vegas high rise condos appreciation rates since recovery-video In this video, we will talk about Las Vegas high rise condos median price appreciation rate since the recovery of 2011. This way we show how each individual tower has performed and the margins are wide, from 76.7% for the best appreciating tower to 11.3% for the two condo hotel projects. Given that past performance is the best measure of future performance, towers that have appreciated best so far will probably do better than those that have not. [table id=36 /] As we discussed in the overview of Las Vegas high rise condo market in 2017-video, the median price of high rise condos for sale in Las Vegas that we discuss below appreciated by about 70% from …

Video Transcript: Financing Mortgage for Las Vegas homes, condos or high-rise

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This is video transcript of financing Mortgage for Las Vegas homes, condos or high-rise video This is the link for the article with embedded video about mortgage guide for Las Vegas homes, condos high-rise buyers-Video Financing a mortgage for Las Vegas homes, condos or high-rise condos after the offer is made is not only stupid, it has become very risky. This is due to recent changes in the Las Vegas Residential Purchase Agreement that require the buyer to set deadlines for appraisal and removing loan contingency which we discussed in the last video. Getting a great real estate deal is comprised of two equally important parts 1: Getting a great deal on the Las Vegas home, condo or high-rise condo 2: Getting a great deal on the mortgage loan The …

Video transcript: How to make winning offers on Las Vegas homes, condos, high-rise

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This is the video transcript of how to make winning offers on Las Vegas homes, condos, high-rise Please find the video blog post with embedded video here Needless to say, actions taken prior to making a good offer on  Las Vegas homes, condos or high-rise condominiums greatly influence how offers are written and their chances of success. In this video, we assume that the buyer has followed our advice about what to do before making an offer. Especially getting close to underwritten approved if the buyer plans to finance. In this video we will discuss: Let’s talk about who should put a value on a Las Vegas home, condo or high-rise condo As far as buyers are concerned, we must be clear that it is the buyer’s agent and not …

Buying Las Vegas homes in July could cost 10% more than now-Video

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Why buying Las Vegas homes in July could cost 10% more than February 2017 in the one of the tightest Las Vegas housing markets ever Waiting on buying Las Vegas homes until summer when kids are out of school could cost the buyers at least 10% more than February 2017. In this video, we will show that historically the median price of Las Vegas homes for sale start to appreciate in February and stop appreciating in June. Then, home prices stay in a narrow range until the end of the year and actually going down a bit in December. But 2016 was a little different and there was a significant gain in the median price of Las Vegas homes in November and again in January 2017. In this video we …

Video Transcript: Buying Las Vegas homes in July could cost 10% more than now

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This is the video transcript of buying Las Vegas homes in July could cost 10% more than now video with all embedded data We are willing to bet that most home buyers don’t know that buying a home in Greater Las Vegas in July, when schools are out could cost them about 10% more than if they bought it in February 2017. To show why we discuss: 1: Inventory of active Las Vegas home listings in the MLS is down sharply in the past few months in a very tight Las Vegas housing market. Listings that are not under contract are called active listings. 2: We show the median price of Las Vegas houses versus sales activity for 2014, 2015 and 2016 to show that median prices for Las Vegas …

Neighborhood LIFT Event in Las Vegas offers down payment assistance

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Neighborhood LIFT down payment assistance program can be used in addition to other programs like WISH Funds Yesterday I attended the Realtor event Wells Fargo put on to explain their re-launched Neighborhood LIFT first time home buyer down payment assistance program. LIFT stands for Let’s Invest for Tomorrow and is helping thousands of people get into homes with down payment assistance. This program was originally started in 2012 but has been re-launched with some modifications. On March 3rd and 4th, Wells Fargo is putting on an event for people to get qualified and put a reservation on down payment assistance money available through the program. You must be pre-approved for a first mortgage either through Wells Fargo or one of the other lenders that is certified with the program. There …