Las Vegas Real Estate & Homes For Sale » General

Banks giving foreclosed homeowners cash and plans to reduce principle on mortgage.

Tamara Parmley — Thu, 09 Feb 2012 19:59:02 +0000

Good news for Nevadans…or is it? News came out today five major banks are planing to give some foreclosed homeowners up to $2,000 cash back because they lost their homes. For people who are still paying they plan on reducing the principle of up to $20,000.

This sounds good but as many as you know $20,000 isn’t going to help much in Nevada. We were hit so hard that many of the homes might be worth half of the loan amount.

Is it really fair that those who had to foreclose get up to $2000? What about the people who are staying in their homes and paying mortgages. Where is their bail out?

When purchasing a home there is a lot of paperwork. You will never spend more money on something else in your lifetime. Read the paperwork. Know what you are getting into.

Tamara Parmley

eXp Realty

702.477.9000

Most searched real estate markets

Tamara Parmley — Wed, 01 Feb 2012 02:31:58 +0000

Many people go to the internet to search for their new home or investment properties. It is very important for your Realtor to put as much information on the sellers property to get the most exposure. Many pictures as well as specific information on the home is very important.

If you are interested in selling a property or have any questions about anything you have seen on the real estate websites…feel free to contact me anytime.

Top 10 Most Popular Cities For Real Estate Searches

Chicago, Illinois
Detroit, Michigan
Los Angeles, California
Philadelphia, Pennsylvania
Atlanta, Georgia
Tampa, Florida
Phoenix, Arizona
Las Vegas, Nevada
Dallas, Texas
Boston, Massachusetts

Tamara Parmley

eXp Realty

702.477.9000

Mortgage rates increase after record lows.

Tamara Parmley — Mon, 30 Jan 2012 20:38:15 +0000

How do you know when the best time is to buy a home at the lowest rate possible…you don’t. Mortgage rates have hit an all time low this year. Interest rates are close to 3.875%. Since most of us can’t tell the future, economists are suggesting right now is the best time to secure a low mortgage rate.

http://www.mortgagenewsdaily.com/consumer_rates/243919.aspx

Tamara A. Parmley

eXp Realty

702.477.9000

Chinese New Year brings in potential over seas investors.

Tamara Parmley — Tue, 24 Jan 2012 21:11:20 +0000

Since the decline of the euro many investors are finding the American market is more stable than the European. Those who choose to invest in real estate see Las Vegas as a good market. Home prices are down and still decreasing.

It looks like the year of the dragon could be very good for the investors pocket.

Tamara A. Parmley

eXp Realty

(702)477-9000

Finally! Green shoots in the Vegas economy

Beth Ellyn Rosenthal — Thu, 19 Jan 2012 23:33:55 +0000

Once upon a time in a galaxy far, far away, Las Vegas was the 18th fastest-growing city in the world, according to the Brookings Institute.

In the height of the recession, the Brookings Global MetroMonitor rated Las Vegas 199 out of 200. We beat out Athens, Greece, the globe’s poster child for horrible economies, as the worst economy in the world.

This year Athens is still ranked last. And Detroit (Detroit!) and Cleveland are above us. However, we are now N0. 179. That means we are growing!!!!!

For the record, Shanghai ranked No. 1. Dallas, Houston and Rochester, New York were the only American cities in the top 50 in 2011.

Job growth (hopefully) means stablizing home prices. Keep those green shoots coming.

((hugs)), BETH Ellyn

Managing Broker, Nevada

702.324.6911 cell or text

beth.rosenthal@exprealty.com

Twitter: @yale1974

When will we hit bottom in Las Vegas?

Beth Ellyn Rosenthal — Thu, 19 Jan 2012 23:19:42 +0000

In four years and 100,000 houses later. So says Larry Murphy, president of Las Vegas-based SalesTraq. He’s been tracking real estate recording in Clark County for 15 years, so he has the numbers to back up his guesstimate.

According to Murphy:

75 percent of homes sold last year were distressed sales (foreclosures or short sales)
More than half of those were vacant
Prices are still falling, but “no longer free falling.” He says prices have bounced around the bottom for the last eight months.
When it’s all over, he estimates 33 percent of all homes in Las Vegas will have gone through a foreclosure.

Thought all y’all (plural of y’all if you haven’t lived in Texas) would want to know.

((hugs)), BETH Ellyn

Managing Broker, Nevada

702.324.6911 call or text

beth.rosenthal@exprealty.com

Twitter: @yale1974

News Sources Say Las Vegas #1 Real Estate Market For 2012

Tamara Parmley — Mon, 16 Jan 2012 20:57:00 +0000

Attached is a very good article on the projections for Las Vegas real estate for 2012. Many people are looking to buy second homes and diverse their portfolios. It’s a great time to buy. If you are looking to purchase a home to live in, mortgages are lower then rent payments. If you are an investor, many people are renting because of the mortgage crisis. For more information call me… 702.477.9000.

Read about the Las Vegas Market Forecast.

Tamara A. Parmley

702.477.9000

Pet friendly places in Las Vegas

Beth Ellyn Rosenthal — Thu, 05 Jan 2012 00:20:17 +0000

Coming to Las Vegas and not even considering leaving the canine at home? No problem if you know where to go.

If you’re not driving, you will first set foot in Las Vegas at McCarran International Airport. Take your dog out of the travel crate and heel down to the Southwest Airlines ticket counter. Go out that door and there’s a doggie relief area.

The Imperial Palace is the only hotel on the Strip I know of that allows dogs. The program is called PetStay. The room has a mat, foot and water dishes (so you don’t have to pack ‘em), disposable waste bags and treats. There’s a special dog relief area–just follow the paws to the place. (It’s by the parking garage elevators.) The hotel has dog walking routes and a special room service menu. The Palace even has a list of veterinarians in case your dog gets sick.

All for just $35 a night!

The rules include:

1. The dog must weigh under 50 pounds

2. The dog must be present at check in

3. You can only bring two dogs

4. The dog is allowed to walk through designated common areas on a leash.

5. You must crate the dog when you are gone. You can rent a kennel if your dog didn’t fly in one.

Y’all come and visit and bring the livestock, ya hear!

((hugs))

Las Vegas Homeowners: Find out what your house is really worth!

Beth Ellyn Rosenthal — Wed, 28 Dec 2011 18:27:09 +0000

Las Vegas homeowners. Do you want to know what your house is really worth? I’m offering a free service so you can learn the truth, good or bad.

Email the address of the property you want me to follow. I will send you an email every time a home in your subdivision gets listed or sells. That will help you track the value in real time over time.

Just because some neighborhoods are under water doesn’t mean yours is. Real estate is really a micro climate. Some areas in Las Vegas are actually appreciating (not many and not by much.) Ignore the hype and accept the reality. Just my 2 cents.

Looking forward to hearing from you.

((hugs))

Send your requests to beth.rosenthal@exprealty.com.

Las Vegas’s McCarran Airport adds Android app

Beth Ellyn Rosenthal — Mon, 26 Dec 2011 20:29:15 +0000

While casinos and computers do not necessarily go together, execs at McCarran International Airport think they do. The airport began offering free wi-fi Internet for all travelers in 2004. (And it’s screaming fast!!!!) Last week the airport joined forces with Google to create a detailed map of the airport. Once Android phone users download Google maps, they can zoom in through the airport’s roof and go directly into the terminals.

Travelers can see which restaurants and shops are available on the other side of secuity. They can find restrooms and power stations to recharge their phones or iPads (just as necessary these days.)

Other tips for all y’all (that’s plural for y’all in case you didn’t come from Texas like me) who are unfamiliar with McCarran airport:

You can use the mobile boarding pass feature at Alaska, American, Continental, Delta and United Airlines.
You can find up-to-date weather info that affects flights on facebook.com/lasairport or at Twitter.com/lasairport.
Log on to fly.mccaran.com to have flight status 411 sent to your phone. The local phone number is 702.261.4636.

All y’all come visit, ya hear?

((hugs))