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

1. Chicago, Illinois
2. Detroit, Michigan
3. Los Angeles, California
4. Philadelphia, Pennsylvania
5. Atlanta, Georgia
6. Tampa, Florida
7. Phoenix, Arizona
8. Las Vegas, Nevada
9. Dallas, Texas
10. Boston, Massachusetts

Tamara Parmley

eXp Realty

702.477.9000

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

Tamara A. Parmley

eXp Realty

702.477.9000

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

Tamara A. Parmley

eXp Realty

(702)477-9000

The quick-tempered chef is opening a steakhouse on the Las Vegas Strip, specifically at Paris Las Vegas. Gordon Ramsey Steak will join the herd of other expensive and exquisite steakhouses on Las Vegas Boulevard. The star of “Hell’s Kitchen” decided to enter our market because “Vegas has become a foodie haunt.” I’ll drink to that!

((hugs)) from a committed carnivore

BETH Ellyn

Managing Broker, Nevada

702.324.6911 cell or text

beth.rosenthal@exprealty.com

Twitter: @yale1974

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

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

Read about the Las Vegas Market Forecast.

Tamara A. Parmley

702.477.9000

BETH Ellyn Rosenthal

Peeps. I need your help. I am Vegas and Dallas’s most caring landlord.  Many of the homes have HOAs. I pay on time. I make sure my tenants behave. Yet the HOA, its board and/or the HOA manager always seem to have a personal vendetta to make my life miserable. And they fine me to make me behave. And I always pay because it’s must so much easier than fighting.

But the injustice of it really gets to me.

What would you do if you were me in this situation:

HOA: Ross Companies in Arlington, Texas. The rule is you can never leave any debris on the balcony or the stairway landing. My tenant was late to work and put a garage bag by the front door and rushed to get her child to school so she could clock in on time. The HOA emailed me about the violation.

My tenant apologized profusely and deposited the garage in the dumpster five hours after I got the email.

Six months later she was washing the tile floor in the living room. She moved the furniture onto the balcony because that was the closest place to get it out of the way. It was there for 15 minutes. The HOA rep was on the property and fined me $50 for a second violation.  The furniture was back in the living room before she left but that didn’t matter.

I protested but the Board sided with the property manager.

My take: If you are complying, why punish?

HOA: Colonial Property Management, Henderson, Nevada. My next-door-neighbor, Isabelle S., has a dog that has bitten tradesmen working on my house five times. To be neighborly, I never reported her canine because the city of Henderson would have put the dog to sleep after the third bite.

For this kindness she has chosen to hate me.  She has even made death threats. So when I put in a beautiful dry creek bed on my property that abuts hers, she complained to the HOA. Please note that I got all the other neighbors to sign the form saying they not only approved but loved my meandering rock. The HOA manager told me I didn’t need her signature because of the death threats.

But they sided with her anyway. I had to paint the rocks a color she liked, which cost me $250 and made them look horrible.

I complied each time. But I told each HOA  next time they would need a court order to make me do anything that wasn’t in the CC&Rs.

But it shouldn’t be this way. How do I get justice? Please help me with great ideas. I need you.

((hugs)) BETH Ellyn

Managing Broker, Nevada

beth.rosenthal@exprealty.com

702.324.6911 call or text

Twitter: @yale1974

Finally. A bidding war for a Henderson property. Today San Diego-based Excel Real Estate Investment Trust purchased Anthem Highland Shopping Center for $17.5 million. Here’s why this is a good sign:

1. This wasn’t a foreclosure.
2. The property received 18 offers in a 30 day period.
3. The owner only invited the seven all-cash buyers to bid in the second round.

Everyone has an opinion. Here’s mine. Everyone has to follow the rules. You have to make your mortgage payment. They have to follow the exact letter of the law before they make you “git” out of your house.

But what I think doesn’t really matter. But the ruling of the Nevada Supreme Court will make a difference, but here in Nevada and across the U.S. Yesterday the court heard arguments on whether a bank can foreclose on a home even though it could not present all the required documents during mediation.

Attorneys for Andrew and Dauretta Davis of Douglas County claim that the Mortgage Electronic Registration Systems (MERS) did not sign the documents properly on their home. Their original lender has gone bankrupt (natch.)

The central question is: Did MERS really assign the loan? If not, MERS can not foreclose. MERS reps did not produce a signed certification at the mediation hearing. The MERS attorney argued that MERS received that right to assign in the deed of trust the borrower signed at closing, so who cares about the paperwork?

My 2 cents: If you had the right, get the paperwork and prove it!

Stay tuned to see what really happens.

((hugs)) BETH Ellyn

Managing Broker, Nevada

702.324.6911 call or text

beth.rosenthal@exprealty.com

Twitter: @yale1974