Archives

August 2006

Crazy Las Vegas Real Estate

Posted at 9:57 AM, Aug. 28, 2006

For 3 months now the Las Vegas real estate market has been at a virtual crawl.  There are currently 20,000+ single family residences for sale.  I have several listings, fairly priced (for a stabilized and sometimes dropping market) and in good conditions and locations.  We've had MANY showings on these listings and lots of positive feedback when I call showing REALTORS® for feedback.  But NO offers.  I've talked to many other local REALTORS® who have the same problem. Houses ARE selling but it's taking much longer than the 8 to 10 hour listing periods of just a couple years ago. In 2004 the average length of time on the market was about 7-10 days, now it's 90+ days  (which is really more average and realistic). 

On this past Friday night I receive a call from a fellow REALTOR® who says she is faxing me an offer on one of the homes I've had listed since the end of May.   She did, but within a half hour after receiving her offer across the fax machine comes another offer from another REALTOR®.  My seller's are out of town (on vacation for a week)....counter offers are being dealt with via phone, fax and e-mail.  Lo-and-behold, while counter offers are still out to prospective buyers, yet another offer comes in.

We finally pull offer #1 together and today we open escrow. Sellers are tickled because, although they had to wait 3 months for it, they were thrown unexpectedly into the frenzy of a couple years ago and they got just about what they wanted for their home.

Priced right your home will sell...you just need to wait a little, be patient and look forward to the chaos ahead!

Hard to Believe

Posted at 11:11 PM, Aug. 24, 2006

Check this out!  It's so hard to believe as we swelter through the ends of summer that this is just around the corner!

http://home.valornet.com/sabruf2/countchr.html

Great Links

Posted at 1:50 PM, Aug. 13, 2006

Whether you agree with the situation in the middle east or not and especially after the events that occured recently in England,  we need to suppprt our troops.  If you go to the web site at www.letssaythanks.com you can pick out a thank you card and the Xerox Corporation will print it and it will be sent to a
soldier that is currently serving in Iraq.

 Some other good websites:

• National Do Not Call List
• FirstGov- all U.S. Government sites
• Consumer Product Safety Commission
• Southern Nevada Better Business Bureau
• Bureau of Consumer Protection
  

Las Vegas Existing Home Closings

Posted at 8:43 PM, Aug. 12, 2006

Courtesy of Salestraq