Steve Harless "Your Las Vegas Real Estate Connection"

Good News Finally! Boosted by foreclosures and plunging prices, sales of pre-owned homes and condos rose sharply in September to the highest level in 13 months, an industry trade group reported Friday. Existing-home sales rose 5.5% to a seasonally adjusted annual rate of 5.18 million, the National Association of Realtors estimated Friday. Economists surveyed by MarketWatch expected sales to rise to a 5 million pace. It was the largest monthly percentage increase in five years. Sales of existing homes were 1.4% higher in September than they were a year earlier; it was the first year-on-year increase in nearly three years. The median sales price fell 9% in the past year to $191,600, the lowest since April 2004. Prices plunged 18.5% in the West region, driven by high levels of distressed sales

The average U.S. retail gasoline price dropped 23.7 cents over the last week to fall below $3 a gallon for the first time since mid February and is at the lowest level in almost a year, the Energy Department said on Monday.

The national price for regular unleaded gasoline is $2.91 a gallon, the cheapest since October 29, 2007, but still up 9.1 cents from a year ago, the department's Energy Information Administration said in its weekly survey of service stations.

The average pump price has fallen 57 cents a gallon in the last two weeks because of cheaper crude oil and lower petroleum demand due to a weak economy.

I saw today at the corner of charleston and decateur gas was priced at 2.97 and was shocked! what is gas in your neighborhood?

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Looking For The Perfect home in Las Vegas?

CONTACT ME NOW so we can meet to discuss purchasing or selling your next property as soon as possible. I look forward to hearing from you!

I will represent you in the best, professional capacity and sincerely welcome the opportunity to meet with you and go over your real estate needs and update you on current market conditions in Las Vegas. Together, we can devise a plan that will accomplish your buying or selling goals.

Respectfully,
Steve Harless - Realty World Luxury Homes - 702-217-1680

Homebuyers Relief Excluded from Bailout Bill

Friday, October 3, 2008 - Today, President Bush signed the Emergency Economic Stabilization Act of 2008 after the House passed the financial bailout bill. Unfortunately, a provision that included language similar to H.R. 6694 which provides for the reform of privately-funded downpayment assistance (DPA) programs was not included in this legislation.

Despite this news, Nehemiah continues to fight to have privately-funded DPA restored. We believe that DPA programs are a necessary component to the recovery of our economy and a vital option for working-class families across America to achieve homeownership. In fact, the phone calls and emails we have received in the last few days are filled with stories of how communities nationwide are already beginning to feel the economic sting of the $150 billion in annual home sales lost due to the elimination of DPA.

Nehemiah is grateful to have played a role in the effort to save DPA along with more than 150,000 housing professionals and consumer advocates who became the backbone of the grassroots campaign by making phone calls, writing letters and making personal visits to their elected officials to voice support for DPA and H.R 6694.

Nehemiah is especially proud that over the last eleven years The Nehemiah Program has provided the needed downpayment gifts that have helped more than 320,000 minority and low to moderate income families successfully realize the American dream of homeownership. In the process we have gifted over $1.5 billion in downpayment assistance! Those are accomplishments we share with all those who have supported us over the years; homebuyers, consumer advocates, community groups, housing professionals and trade organizations.

We are currently reevaluating our strategy to gain passage of H.R. 6694 as soon as possible. We will be prepared to resume the battle when Congress reconvenes. Watch for an upcoming announcement on the second phase of our grassroots campaign, DPAGroundSwell 2!