Las Vegas, Nevada Real Estate Agent, Las Vegas Homes, Condos, Land, Commercial Real Estate and Personal Blog

We recently tried to find a 4 bedroom home which is larger than 2800 square feet for less than $300,000 for real estate investors from New York who wanted to invest in Las Vegas real estate. They liked Summerlin and Southwest Las Vegas so that was the area of our search. Although our investors criteria [...]

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Problems that too complicated to be solved in one stage are solved using algorithms; algorithms are like systems of interconnected solutions. Now, the first part of the hunt for investment real estate in Las Vegas is to master the terrain, just like any sniper would do.
 I have divided the Greater Las Vegas Valley into sections, [...]

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Las Vegas residential properties including homes, condos and even high rise condominiums are at historical lows when compared to the real values and just like 2003 a blindfolded person can shoot and hit a bargain but that is not the real estate sniper’s way, I don’t work that way.
The difference between an owner occupied home [...]

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Nevada First Time Home Buyer Down Payment Assistance Program for the City of North Las Vegas Part One
Nevada first time home buyers - North Las Vegas first time home buyers down payment and mortgage assistance program Part Two
What the first time home buyer has to do to qualify for the North Las Vegas down payment [...]

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Nevada First Time Home Buyer Down Payment Assistance Program for the City of North Las Vegas
What the first time home buyer has to do to qualify for the North Las Vegas down payment and mortgage assistance:
I have written about the qualifications for first time home buyers down payment and mortgage assistance. Now, what you have [...]

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We have several programs in Nevada and Greater Las Vegas Valley to assist first time home buyers and I will start with the 
City of North Las Vegas first time home buyer’s down payment assistance program
You have to be represented by a Realtor, and your real estate agent and loan officer have to be certified [...]

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BOOM, Shock and Awe‼ Finally a move by the FED that is sure to heavily impact Las Vegas real estate market and economy and for the better.
The FED announced the Central Bank is prepared to purchase Treasuries for the first time since World War II by authorizing U.S. Treasury to print money, 1.2 Trillion dollars [...]

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Open letter to Sue Naumann, the president of Greater Las Vegas Realtor Association about the rampant lawlessness in Las Vegas foreclosure deals
Given that this is the last blog post I am planning to do about problems involved in Las Vegas foreclosure deals in particular and US in general, I am going to explain a few [...]

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I decided to do a search of Las Vegas MLS for the number of million dollar plus deals in Las Vegas in 2009. And the results are educational.

Las Vegas homes, luxury houses, condos and high rise condos sold in 2009 by price range

Number of listings in Greater Las Vegas MLS

Pending offers

Number of units sold

$10,000,0000

17

0

0

$7,500,000-$10,000,000

20

0

0

$5,000,000-$7,500,000

49

1 home

0

$4,000,000-$5,000,000

49

1 [...]

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In a previous post I wrote that the number of sales for January 2009 for Las Vegas homes and condos that are priced below $250,000 was going to show a big jump when compared with January of 2008 and 2007, and I was right.
I have published the Greater Las Vegas Association of Realtors (GLVAR) [...]

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Greater Las Vegas residential real estate has suffered double digit price declines again for 2008 and will do the same for 2009, I just hope it will not be as bad. The asking prices for Las Vegas homes are more than 10% below comps, so a double digit price decline for 2009 is guaranteed. Please [...]

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About the US government “Making Home Affordable” initiative, and loan modification in Las Vegas, Nevada Part one
The US congress has passed a bill that allows bankruptcy judges to modify the term of the mortgage for owner occupied homes and condos. Bankruptcy Judges already have the authority to modify mortgage terms on farms, vacation homes and [...]

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President Obama’s administration has announced details of their new program to help distressed home owners in Nevada and United States called “Making Home Affordable” initiative. The new web-site’s address for this program is http://www.FinancialStability.gov.
This program claims that “The Home Affordable Modification program will help up to 3 to 4 million at-risk homeowners avoid foreclosure by [...]

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After losing on a second deal in a month because the listing agent did not answer my offer, and since this is recurring problem I placed a call to Sue Naumann, the president of Greater Las Vegas Realtor Association to discuss this issue:
Why the listings in Las Vegas MLS are no longer accurate and what [...]

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Today we got to give the key to the new legal owner of a former Las Vegas bank owned home and I asked Karen to take pictures of sweet, bubbly Josie and her boyfriend Brandon, a most gentle gentleman, when I give the house key to Josie. Karen and I love these guys and they [...]

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