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 post [...]
Entries Tagged as 'Las Vegas Real Estate'
The Effect of the Economic Crash on Construction Costs in Las Vegas
October 27th, 2009 · No Comments
Tags: Las Vegas Real Estate
Henderson and South Las Vegas homes for sale priced at $250,000-375,000, Part two
October 22nd, 2009 · No Comments
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 different [...]
Tags: Investing in Las Vegas real estate · Las Vegas Real Estate · Las Vegas homes
Henderson and South Las Vegas homes for sale for $250,000-375,000, Part One
October 20th, 2009 · No Comments
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.
Many [...]
Tags: Las Vegas Real Estate · Las Vegas homes
Will the $8,000 first time home buyer tax credit be extended?
October 14th, 2009 · No Comments
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 House [...]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
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
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 [...]
Tags: Investing in Las Vegas real estate · Las Vegas Real Estate · Las Vegas condos · Las Vegas high-rise condos · Las Vegas homes
Issues to consider when Las Vegas real estate investors contact us to buy Las Vegas homes and condos
October 11th, 2009 · No Comments
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 [...]
Tags: Investing in Las Vegas real estate · Las Vegas Real Estate · Las Vegas condos · Las Vegas high-rise condos · Las Vegas homes
City Center, Las Vegas has cut prices by 30 percent, Las Vegas high rise condos for sale
October 6th, 2009 · No Comments
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 Towers, 670 [...]
Tags: Las Vegas high-rise condos
In Las Vegas asking prices for homes or condos can be misleading; it is the COMPS that count
October 5th, 2009 · 1 Comment
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 [...]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas high-rise condos · Las Vegas homes
N. W. Las Vegas home listing sold in a day, but after hostile tenant moved out
October 3rd, 2009 · No Comments
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 many [...]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
Interacting with Las Vegas real estate buyers and sellers
October 1st, 2009 · No Comments
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 [...]
Tags: Las Vegas Real Estate
Another rejected offer on a REO home in Las Vegas with 45 offers on it
September 24th, 2009 · 1 Comment
In order to show the kind of real estate market that we deal with in Las Vegas, I decided to publish another rejection letter; I have removed the house number and the name of the REO assistant’s name in order to protect their privacy.
“GATESVILLE – REJECTION NOTIFICATION
This is to inform you that the seller decided [...]
Tags: Investing in Las Vegas real estate · Las Vegas Real Estate · Las Vegas homes
About current Las Vegas real estate market and buying condominiums at the Signature at MGM Grand Las Vegas
September 22nd, 2009 · 1 Comment
Las Vegas real estate market for homes and condos that are prices less than $300,000 is on fire. Any listing that is reasonably priced gets multiple offers. Making offers based on COMPS which are same homes or condominiums which have sold in the last three months in the same community is the road to nowhere. [...]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas high-rise condos · Las Vegas homes
Signature at MGM Grand condos, invest in the Las Vegas high rise condominiums, part last
September 20th, 2009 · No Comments
Invest in MGM Grand Signature High rise condo towers in Las Vegas, Las Vegas high rise hotel condos for sale Part one
Investing in Signature at MGM Grand Residence condos, renting condominiums at Signature at MGM Grand Las Vegas, part two
The Signature at MGM Grand Las Vegas condos are listed in Las Vegas MLS in three [...]
Tags: Investing in Las Vegas real estate · Las Vegas Real Estate · Las Vegas high-rise condos
Issues involved in buying homes and condominium in Las Vegas that need to be financed
September 17th, 2009 · No Comments
The first issue is the problems that Las Vegas homes and condo buyers have in regard to financing their purchase and getting an offer accepted while competing with cash investors who give the bank cash offers with two weeks close.
I personally don’t blame banks to choose an investors cash offer over those who want to [...]
Tags: Las Vegas Real Estate · Las Vegas condos · Las Vegas homes
An overview of annual percentage rate in financing real estate transactions, Las Vegas real estate
September 16th, 2009 · No Comments
I have repeatedly written that anyone who wishes to buy an owner occupied home or condo in Las Vegas or wishes to invest in Las Vegas real estate should get his/her financing straight before even looking at homes, condominiums or commercial property in Las Vegas as getting the best loan with the best terms is [...]
Tags: Las Vegas Real Estate