METHOD USED TO SELL HOME, BY SELLER URGENCY |
The majority of Sellers are using an agent or a broker. If the property is priced right, it will sell within 30 days. Interesting to see that when a sellers are somewhat motivates or in dear emergency, they try to sell themselves the property only to find out that an agent representation and expertise is more important to successfully sell. As for FSBO sellers would sell, without a real estate agent, only 4% but not the other way around. Listing the home with a agent and later selling the property by themselves... |
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Prepared by: NATIONAL ASSOCIATION OF REALTORS® Research Division December 2007 |
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The statistic shows the trends in real estate information sources. |
Overwhelmingly statistic shows the Internet marketing as the most powerful tool in today's buying market. The chart show the undeniable trends and the clear preferences consumers have for the Internet approach to buying a home
Internet buyers said that the response time was extremely important. 83% of those buyers chose email as their favored communication method with their agent. 0% chose "in person." The old practices as: Advertising on Magazines, Open Houses, Yard Sign or even Television are over turned by the "new trends" of electronic information and fast delivery of services.
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According to : NATIONAL ASSOCIATION OF REALTORS® Research Division December 2007 |
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Las Vegas Master Planned Communities | |||||
Las Vegas Master Planned Communities - Las Vegas Neighborhoods | |||||
Master Planned living is suburban living at its best. It represents many neighborhoods of different price ranges and sizes in an area supported by schools, churches, shopping and cultural events. Master Planned Communities also have recreational activities such as golf courses, walking trails and beautiful community parks. The master plan is the be all end all to community living in the 21st Century. You will appreciate a complete community to support your every need from schools and churches to shopping and the arts. Housing ranges from the low $100’s up to over a million in any desired size. Examples of these communities include: Summerlin, Green Valley, Anthem, Desert Shores, The Lakes, Seven Hills and many more! | |||||
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Related terms: las vegas real estate,lasvegas real estate, las vegas,las vegas housing market,buy vegas real estate, buying real estate, buying real estate in vegas, |

There are many projects in the construction, proposed, planning, or in-progress phases on or around the Las Vegas Strip. There are many more projects in the pipeline that will continue to change the Las Vegas landscape.
Among other cancelled project is "The Residences" at Red Rock Resort.... It goes to show you how careful you must be when selecting a high rise condo hotel as a real estate purchase. The Condo Hotel concept in Las Vegas is a completely new concept and it's wise to due your due diligence before committing to any project.
Below is a regularly updated list of the High Rise Projects currently available:
| Active Projects | Cancelled Projects |
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| Proposed Projects | |
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| Resales | |
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| Reno, NV | |
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Several positive developments in the credit market will pave the way for improving housing market conditions going into 2008. The worst in the credit crunch of August is clearly over. Markets, therefore, have settled down and mortgage rates have trend back down to about 6.3% on conforming loans - near historic lows.
Though the credit problems appear to be over, there is an overhang that looms large that could hamper housing market recovery. Inventory is high. But many people live in the homes that are listed for sale. These people are homesellers as well as homebuyers. A bigger concern on inventory is on newly constructed homes because they are purely vacant. Builders will be forced to provide more incentives and price cutting to attract buyers.
New Home Sales declined 8.3% in August to a seasonally adjusted annualized rate of 795,000 units. The sales pace of new homes was down 21.2% from year-ago levels. The inventory of new homes available for sale rose 7.9% to a 8.2 month supply. With tighter credit standards -particularly related to the subprime loans and jumbo loans - the demand for new homes will continue to tread on the low side over the next three months.
Despite all the "negative" media coverage on housing, home prices in the region have largely held on onaverage. There are neighborhoods where home price declines are notable, and REALTORS® can pinpoint those areas. One principal reason for price stability on Las Vegas housing market is due to the fundamentally sound local economy. Employment increased by 1,391 jobs in Clark County during July and August. However, the number of job seekers also increased. The combined effect of these two trends was an increase in the average monthly unemployment rate from 4.4% for the second quarter to 5.1% in the first two months of the third quarter. The solid job growth will help to build housing demand, while historically low mortgage rates should continue to spur sales.
However, the pent-up demand is strong (from accumulated job gains) and the recovery is around the corner. Expect measurably higher home sales next year.
Related terms: las vegas real estate,lasvegas real estate, las vegas,las vegas housing market,buy vegas real estate, buying real estate, buying real estate in vegas,
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