
Summerlin October 2009 Real Estate Resale Market Report:
Absorption is slightly higher than Las Vegas Valley.
Since Last Month's Report:
Welcome Home to GATED N Las Vegas Communities: Palmilla Townhomes
Palmilla Townhomes are located near shopping. Good proximity to the Northern 215 Beltway/Decatur which can get you to the New Aliante Station Casino quickly!
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084). There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet. Community Amenities Include: Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom.
Sun City Aliante Market Report:
Sun City Aliante is currently enjoying a seller's market.
Since Last Month's Report: Aliante Sun City, North Las Vegas Listings are UP +12, Contracted Homes DOWN -10, Sales UP +1
Renee Burrows carries the SRES (Senior Real Estate Specialist) Designation and has Probate and Estate experience. If you need a referral to a Probate or Estate lawyer, please contact me!
Seniors Real Estate Specialists® are REALTORS® qualified to address the needs of home buyers and sellers age 50+. The SRES® Council awards the SRES® Designation to those members who have successfully completed its education program.
By earning the SRES® designation, your REALTOR® has demonstrated necessary knowledge and expertise to counsel clients age 50-plus through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home. Your REALTOR® has received special training, gets regular updates, and is prepared to offer the options and information needed in making life changing decisions.

Welcome Home to SW GATED Las Vegas Communities: Spanish Palms (Recorded as Johnas Est)
Spanish Palms is close to many amenities - Spring Valley Hospital, Shopping (Arroyo Crossing is the largest), Restaurants and Professional Offices. The 215 freeway is nearby and accessible from either Jones or Rainbow, which provides excellent proximity to UNLV, McCarran Airport, South Strip Employment & Entertainment centers.
Las Vegas Area REO Inventory has risen since last report (+99 units), Under Contracts have fallen (-589) units Closing data is UNCHANGED. Low interest rates have spurred a flurry of buyer interest & activity this December and it continues.
REO sales accounted for 66% of all Las Vegas Area Valley resale closings in October 2009. REO listings account for only 22% of total resale listings.
Multiple offers are streaming in as banks continue to lower to fire and auction sale prices.
Current Listed Bank Owned Statistics:
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