December 11, 2008 News Release
Contact: Sally Young For Immediate Release
775.829.5911 Attn: Real Estate Editor
Olivia McClellan, Triple8 Associates Inc. Graduates from Nevada Association of Realtors® Ninth Leadership Class
Olivia McClellan of Triple8 Associates Inc. in Las Vegas successfully completed the LeadershipNVAR 2008 program offered by the Nevada Association of REALTORS® (NVAR). The graduation took place on December 11th at the Green Valley Ranch in Las Vegas.
The comprehensive program is designed to identify emerging leaders and assist them in sharpening their leadership skills through a series of workshops held throughout the year. Individuals who graduate from this program exemplify effective leadership skills.
Participation in LeadershipNVAR, which includes four multiple-day workshops throughout the year, is open to REALTORS® living in the state of Nevada. Participants are chosen through the LeadershipNVAR Selection Committee based on community and real estate involvement in addition to vision for the real estate profession.
More information on the program can be found on the website of the Nevada Association of REALTORS® - www.nvar.org

Vegas is changing with more high rise condos being completed on the Strip....
Another Las Vegas project close to finishing has filed Chapter 11.
"Creditors have forced the 63-unit Onyx condominium project on Duke Ellington Way into involuntary Chapter 11 bankruptcy.
Onyx ranged from 740 square feet to 2,300 square feet and were priced from the $400,000s to more than $900,000″ and was located close to the strip and mccarren airport.
We have noticed that more and more REO properties are being fixed up by the bank. Over the past 6 months 70% of all sales have been REO properties so those properties were probably in better shape than what is left. We have been doing REO tours over the past 3 weeks and we have seen a ton of properties in bad shape with DOM stats ranging in the high 7 months plus.
So we have seen crews in condos and single family homes putting low grade carpet and paint which is just enough to get it sold.
A good sign the market is turning and banks have adjusted to the market. Their adjustment was like making a u-turn in a aircraft carrier which dosent turn on a dime. Good news all in all.
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