Photos from Renee Burrows - Las Vegas NV Real Estate
The District at Green Valley Ranch is a mixed use development w/ Residential Lofts, Office Space, Restaurants, Gaming & Retail. Located in: The District (Henderson, NV)
This Rhodes Ranch Area resale market report was generated on October 5, 2008 (graph on bottom):
Rental Market Report generated on October 5, 2008 (graph on top):
Median List Price for an area rental: $1395/month, Low: $850, High: $5000
Note: The resale market is losing steam and swinging back into a balanced market. The rental market has gained some ground with a lower absorption rate since the last report.
Information from GLVAR is deemed reliable but not guaranteed.
Last Market Report Generated August 16, 2008
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.
For More information on the Rhodes Ranch Area: http://www.livingatrhodesranch.com/
If you would like to buy, rent or sell a home in the Rhodes Ranch Area, please call 702-966-2494. Press 1 if you would like to buy, press 2 if you would like to rent, press 0 if you would like to sell!
The absorption rate for Las Vegas Valley Area Short Sales had a slight dip in July/August 2008. Absorption still remains high and just slightly under the 2 year mark. Inventory has risen at a slower pace than normal (+184 units). Pending units has also risen dropped by -154 units. Solds have increased by +50 units.
There are many reasons for the lack of closings in this market and it is outlined in this post.
Short Sale Synopsis:
One thing you really need to consider when buying or selling short is to make sure the list agent is EXPERIENCED in this niche. These deals are hard to pull whether it is or is not an experienced agent.
Read here for last month's report on Las Vegas Area Short Sales.
August proved to be a disappointing month for Las Vegas Area landlords as the numbers didn't peak as they normally do year over year in August. Renters are becoming buyers finally as prices drop!
Units Leased:
Average Monthly Rental Rates:
Median Monthly Rental Rates:
Absorption Rate is stable from last month and remains a Landlord's Market at 2.5 months of inventory in the Rental Sector for the Las Vegas Valley.
How to check to see if the home you are renting is in default
If you would like to rent a home in the Las Vegas Area please call 702-966-2494 and press option 2 to speak with a rental specialist.
Here is the information for registration:
If you are already registered to vote, you can view the following information:
Early Voting Information: Includes places and schedule of early voting in case you cannot make it to the polls on November 4, 2008!
This election is important. Even if you reject the Democrat or Republican candidates you can find a host of third party alternatives on the Nevada ballot or voice your opinion as "none of the above".
There are also plenty of ballot initiatives that may have an impact on your personal lives.
Whatever your political opinion is, make sure you go out to have your voice heard!
For a mere $14, you can take your lease down to the Clark County Recorder's office and record your interest in the property.
You will be notified when a notice of default, breach or trustee's sale is recorded so you can have a heads up that it is time to find a new place.
If you don't have the $14 and a couple of spare hours you can do your own manual search on a monthly basis with instructions right here.
Remember, you need to take a copy of your lease agreement with you!
The address for the Clark County Recorder's Office:
 |
|
|
Renee has over 20 years of negotiating, sales and marketing experience to bring to your Las Vegas, NV Real Estate transaction. Full time with probate & estate experience!
Renee has been a resident in Las Vegas, Nevada since 1997. She moved to the Southwest (Rhodes Ranch area) of the Las Vegas Valley in 2002. She has watched the area grow from desert to a thriving community.
Renee has over 20 years of customer service & sales experience so you can feel confident that she will handle each transaction with care and attention to detail! Even if you are not thinking about buying or selling in the immediate future we provide a free, no obligation monthly newsletter which contains useful information about: Las Vegas, NV Resale Statistics, Residential Building Permits, Economic Conditions and other news pertinent to our constantly changing real estate market! The information is designed so *you*, the consumer, can gauge when it is the right time to make your move!
Renee is a full-time real estate professional with experience in, but not limited to: New Construction, Estate/Probate, Resort/Second Properties & First Time Buyers.
Most new residents that move to the Las Vegas Valley begin their lives here by renting homes. Renee has a rental assistant available to help you find that perfect short term or long term rental until you are ready to buy! Search Rentals or Listings Right Here!
All the Best,
Renee remembers driving past the Rhodes Ranch area in the late 90's as it was being developed and wondered "who would
want to live out there?" Well back in 2000, only 913 people resided in zip code 89148. In 2006, the population in 89148 expanded to a whopping 36,536 residents! Obviously someone wanted to move out there and that includes Renee's family!
Renee prides herself for taking the time and visiting each model home while the developments were being built in the following developments: Vistana, the Falls, Canyon Trails, Sierra Madre, Durango Springs, Independence, Huntington, Esplanade & Rhodes Ranch.
The Rhodes Ranch/ Southwest Las Vegas, NV area has so much to offer, with so much still being developed:
Clark County Schools: One of the largest school districts in the country and constantly feeling the growing pains of a county that grows by 5-7,000 new residents each month!
Clark County, Nevada Website: Many people do not understand that Las Vegas, NV is only a small city within the valley of homes that they see from the airplane. Much of Clark County within the valley is unincorporated. Henderson & North Las Vegas are cities located within our valley.
Las Vegas Municipal Police Department provides an online service called "crimeview community" ~ it is a great resource to check crime stats prior to picking out the new community you want to live in!
The Valley experiences many growing pains and one of them is traffic. The 215 "Bruce Woodbury" Beltway is being built as a ring around the valley to help alleviate traffic.
>
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
