October 2014

Found 5 blog entries for October 2014.

Move Up To Las Vegas Luxury HomeHave you been watching the housing market?  Waiting to sell your current home and move to something nicer?  Home values in Las Vegas have been improving for the past two years.  While values have been improving, the market segment that is most in demand is the lower and mid priced homes.  You'll find less competition for the move up home while buyers are competing in the lower price ranges.

Number of Homes For Sale & Low Interest Rates Make This a Great Time to Move Up To a Las Vegas Luxury Home

Choices, choices, choices.  We have almost 450 luxury homes and condos priced at more than $1 Million.  There are more options if you want to build from the ground up.  Infiniti edge pools, golf course frontage, strip views? You'll find those options and

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Things To Do In Las VegasSo why would you want to spend an hour in Las  Vegas touring a place where people work?

For starters, they have a great selection of artwork scattered about the place.  Add to that an interesting success story and a unique work environment.

The tours must be scheduled in advance. There is no cost for the Zappos Group tour experience. That's the one we took. They ask you to arrive half an hour early so everyone can get checked in and the tour can start on time. Photos of computer monitors and video are not allowed. Otherwise, you can snap away.

Parking is in the garage behind the building and is free. Our friends ran a little late. The parking lot was full when they arrived. They ended up having to use the public parking underneath the freeway.

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Is your home telling you that it's time for a change?  Maybe you're entertaining more and could use an open floor plan with a big kitchen?  Have the kids moved out leaving rooms that you never use?  Or maybe you accepted a job in another State.

Time to sell your home?  These tips will help you avoid seller's remorse when you turn over the keys.

1 - Hire a great agent.  You should interview  a few.  Find out how much experience they have with homes in your neighborhood and price range.  Everyone has to start somewhere but you should think twice before turning one of your most valuable assets over to a beginner.  Ask for references.  Find out how they will market your home.  Do they have a strong internet presence?  Do they write a blog that gives

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The number of homes listed for sale has climbed to 10,530. This includes 8015 single family homes. The remaining 2515 are condos What Sold in September 2014and town homes. Last month we had a total of 10,161 homes available. A year ago we only had 8632 homes available.

Short sales are involved in 1321 of the current listings. That's 12.5% of the current market, compared to 12.9% from a year ago. Only 444 of the current listings are foreclosures (4.2%). Foreclosures made up 6.1% of the market a year ago. Total distress sales is currently 17.1% of the market. A year ago it was 19%. We've still got more distressed inventory than we'd like but it's definitely improving.

Homes Sold in September 2014

We sold 2307 Single Family Homes in September plus 600 condos and town homes.

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Luxury High Rise CondosWe have 425 high rise condos listed for sale.  We sold 54 in September, a nice increase from the 47 we sold in August and the 50 we sold in July.  In September of 2013, we only sold 47 high rise condos.  If we continued selling 54 units per month, the current high rise listings would be gone in 7.9 months.  That's still a market that's slightly tiled towards buyers.

Las Vegas High Rise News -

The Metropolis is one of our favorite "sleeper" buildings.  The condos are loft style and tend to be more spacious than your typical high rise condo.  The building is smaller with only 70 units.  It doesn't offer the valet parking of our larger high rise buildings.  However, it can have excellent views of the Wynn Golf course and the Strip. Add to that a great

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