Las Vegas Real Estate News from Local Professionals

Archive for June 2008

Las Vegas Ultra Luxury Market Strong

Jun 19th, 2008 | By User ImageAaron Landreth (Check me out!) | Category: Las Vegas Real Estate News

Doom and gloom surrounds the local and national real estate headlines, but pending and contingent sales figures have seen a dramatic increase (as noted in other posts). Similarly, high-end luxury homes in Las Vegas have not seen a decline in value, but rather a dramatic increase. Ultra high-end luxury homes are considered homes [...]



May 2008 Las Vegas Market Update

Jun 18th, 2008 | By User ImageLinzy Turner (Check me out!) | Category: Las Vegas Real Estate News

Our good friend and Title Professional Linzy Turner with Old Republic Title Company provides the latest housing sales reports for Las Vegas single family residences, as well as Condo’s and Townhomes. There are articles throughout the “blogosphere” that have made attempts at interpreting these figures, but we will leave that interpretation up to you. [...]



Harcourt to Dismiss Sullivan Square Suit

Jun 18th, 2008 | By User ImageAaron Landreth (Check me out!) | Category: Las Vegas New Homes, Las Vegas Real Estate News

This article about an entity of Harcourt Developments of Ireland moving to dismiss the $1B Sullivan Square Suit filed against them by Sullivan Square Harcourt LLC, an entity of locally based Glen, Smith & Glen Development may be found by visiting the link below. Thanks to the Author, Brian K. Miller of GlobeSt.com
Harcourt Moves [...]



Did Builder Fraud Create Inflated Home Values?

Jun 18th, 2008 | By User ImageKendall Trotter (Check me out!) | Category: Las Vegas Mortgage, Las Vegas Real Estate News, Las Vegas Real Estate Video

Veteran Realtors and Las Vegas top consumer advocates for Vegas home owners and home buyers, Kendall Trotter and Steve Hawks continue their discussion about new home builder fraud.The fraudulently inflated new homes caused values to rise beyond what they should have been in the free market with add ones like cars and cash back. This [...]



High End Las Vegas Condo’s Hit New Heights

Jun 18th, 2008 | By User ImageMakea Turner (Check me out!) | Category: Las Vegas Condos, Las Vegas Real Estate News

For several months here in Las Vegas there has been all kinds of news and information about our local High Rise Condo & Real estate market coming from every which way at an extremely quick pace that sometimes can confuse or even misinform it’s viewers and readers. It’s no secret that the Real Estate market [...]



Qualify More Buyers with FHA Projected Income

Jun 17th, 2008 | By User ImageAaron Landreth (Check me out!) | Category: Las Vegas Mortgage

Qualify more home owners for real estate purchase or refinance in Las Vegas (or around the nation) with this handy FHA qualification tip.
Did you know that FHA will allow a borrower to use projected income for home loan qualifying purposes?
Rate this: 2.5



Worker at Eschelon Killed in Accident

Jun 17th, 2008 | By User ImageAaron Landreth (Check me out!) | Category: Las Vegas Condos, Las Vegas New Homes

TheLasVegasRealEstateBlog.com sends out prayers and best wishes to the friends and family of the construction worker who fell to his death Monday morning, June 16th 2008 at the site of the new Eschelon construction project next to Circus Circus.
We wish all workers on every project in the valley all the best. Stay safe.
You may [...]



Encouraging Las Vegas Market Analysis

Jun 15th, 2008 | By User ImageAaron Landreth (Check me out!) | Category: Las Vegas Real Estate News

Our friends at Equity Title have provided us with a wonderfully encouraging graph depicting the pending and contingent home sales over time here in Las Vegas. We haven’t seen levels of pending sales and contingents like these since early 2006. As many of us are seeing on the front lines of Las Vegas [...]



“Buy and Bail” on CNBC with Steve Hawks

Jun 14th, 2008 | By User ImageSteve Hawks (Check me out!) | Category: Las Vegas Foreclosure News, Las Vegas Real Estate Video

If you have been keeping up with the latest questionable “buy and bail” foreclosure trend from Mr. Steve Hawk’s previous posts, then you already know what this practice is. However, you may have a few questions that remain. Thankfully, Steve was interviewed on CNBC regarding this issue and is here to shed some [...]



Las Vegas Buy and Bail

Jun 14th, 2008 | By User ImageSteve Hawks (Check me out!) | Category: Las Vegas Real Estate News

Congratulations to The Las Vegas Real Estate Blog contributer & author Steve Hawks. Steve was recently featured in an article with the Wall Street Journal relating to the latest practice of “Buy and Bail.” Steve, who is an expert in dealing with lender owned properties and helping clients with short sales shed some [...]