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North Las Vegas, NV Real Estate News

By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing. Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.) Condo financing is currently a challenge in the Las Vegas Area. Lenders want to see low investor concentration, low HOA deliquencies and no construction defect or other litigation against HOA or community. To determine...
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By Erin Ackerman, REALTOR(R), ABR,SFR,e-Pro, Las Vegas & Henderson,
(Province Real Estate)
North Las Vegas, NV Homes Under $100,000 Below is a sample of North Las Vegas, NV homes priced below $100,000 and available on the MLS as of 4/11/12 (click on MLS # for more photos and information)*.  All homes shown feature 3+ bedrooms and were built in 1995 or later.  Please note: I am not the Listing Agent for these homes, however you may contact me for more information or for representation during the buying process. MLS #1238092 ($99,900) 5 BR, 3 BA and 2123 sf in North Las Vegas, NV MLS # 1238032 ($97,900) 3 BR, 3 BA and 1595 sf in North Las Vegas, NV MLS # 1230429  ($94,900) 4 BR, 3 BA and 2196 sf in North Las Vegas, NV *All information has been taken from the GLVAR MLS for informational purposes only.  I have not personally screened these homes. Erin Ackerman Province Real Estat...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Click Here to View a List ===>> Most Recent Cobblestone Ridge Homes for Sale Cobblestone Ridge neighborhood is located in North Las Vegas There are exactly 738 homes in this neighborhood ranging from  1262-3047 square feet.  Cobblestone Ridge was built between the years of 1995-2002. Cobblestone Ridge is close to:  retail, restaurants, & professional offices.  It is also close to the I-15 Freeway which provides good proximity to downtown Las Vegas Employment & Entertainment Centers. Please take a moment to fill out our questionnaires if you would like to: Sell a Cobblestone Ridge Home Buy a Cobblestone Ridge  Home Rent a Cobblestone Ridge Home
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Here is what buyers received in seller paid concessions on February 2012 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes: Less than $500: 73% ($500 only buys you a home warranty or (no and) an appraisal) Between $501-4000: 18% Over $4001: 9% This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory! Inventory levels are rising just slightly and we are seeing some movement/improvement in this sector which is good news, especially for buyers who want/need closing costs! Last Month's Concession Stand Most Current Concession Stand What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the averag...
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Aliante Homes for Sale Welcome to the Aliante homes and real estate portal: your single stop for finding a home in Aliante. Here you can search every available home for sale in Aliante. As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Aliante homes for sale.  SHORT SALE 3109 GRASS SPARROW DRNORTH LAS VEGAS, NV 89084 $237,500 5 beds/4 baths Listing courtesy of Realty Executives Of Nevada  SHORT SALE 6904 ICELAND GULL STNORTH LAS VEGAS, NV 89084 $185,000 5 beds/3 baths Listing courtesy of Affinity Realty LLC  SHORT SALE 6879 BARRED DOVE LNNORTH LAS VEGAS, NV 89084 $188,000 5 beds/3 baths Listing courtesy of Starks Homes LLC  6710 CINNABAR COAST LNNORTH ...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Area March 15, 2012 Active Listings by Type REO: 1235 (17%) Short Sale: 2965 (41%) All Other: 3059 (42%)   February 2012 Sales by Type: REO: 1623 (44%) Short Sale: 1083 (30%) Other: 933 (26%) This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market. Click here to see last month's Listing and Sales Type Report Click here to view the most recent stats What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, N...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
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: Listings (3/15/2012): 20 Under Contract (3/15/2012): 38 Sold February 2012: 9 Sun City Aliante is currently enjoying a seller's market. Since Last Month: Aliante Sun City, North Las Vegas Listings UP +3, Contracted Homes UP +7, Sales DOWN -7 For Current and Past Sun City Aliante Market Reports View Sun City Aliante Homes For Sale Here (Updated Daily) More Info...
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  Interested in moving to the Las Vegas area and want to be close to the city's action without living right off the strip?  If so, than you should check out affordable housing in Northwest Las Vegas.  This section of Las Vegas is close enough to the strip and downtown Vegas to be an easy commute for workers, while remaining comfortably outside the tourist frenzy of Las Vegas Boulevard.  With a population of 105,000 residents, Northwest Las Vegas provides an environment that is noticeably different than downtown. The population density of Northwest Las Vegas is 1450 people per sq. mile as opposed to the 4200 people per sq. mile on the strip and downtown.  This difference in population density makes the Northwest Las Vegas area the perfect place if you're looking for an affordable reside...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
**The Freefall Inventory Plunge Continues in Las Vegas!!!** We are still squeezed for inventory.  New REO listings are few and far between thanks to AB 284 with currently no end to that drama in sight.  Multiple offers on well priced homes are widespread. Everyone from first time buyers to investors are taking advantage of "opportunity". Read more about Las Vegas Real Estate Inventory Analysis here and consumers may comment on this post. Las Vegas Area Real Estate Market Watch was created for informational purposes only. This is for all the buyers wondering "where is the inventory"? The inventory is here, this graph shows that buyer interest is extremely high and gobbling up all that new inventory coming online! This is also for people saying "shadow inventory exists"! Well I believe i...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
  Foreclosure/Short Sale Listings (2/15/2012): Total Listings 9180; Short Sales: 4156, 45% of all listings; Bank Owned Listings: 1703, 19% of all listings. Short sale and REO listings consume 64% of total listings New Home Sales (January 2012, units sold): 216 Year Change -3.6% (excl condo conversions, highrises) New Home Sales (January 2012, median price): $207,000 Year Change -0.2% (excl condo conversions, highrises) Existing Home Sales (January 2012, units sold): 3483 Year Change +25.0% Existing Home Sales (January 2012, median price): $108,000 Year Change: -9.2% New Home Permits (January 2012): 317 Year Change -45.2% Rental Rate (MLS Monthly Average January 2012): $1447/month My analysis: Distressed listings (foreclosures and short sales) are 64% of total listings.  This is going d...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
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: Listings (2/15/2012): 24 Under Contract (2/15/2012): 37 Sold January 2012: 5 Sun City Aliante is currently enjoying a seller's market. Since Last Month: Aliante Sun City, North Las Vegas Listings UP +3, Contracted Homes UP +7, Sales DOWN -7 For Current and Past Sun City Aliante Market Reports View Sun City Aliante Homes For Sale Here (Updated Daily) More Infor...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Click Here To View Harmony 2's Newest Listings & Homes for Sale. Welcome Home To Gated North Las Vegas Community:  Harmony 2! 117 Single Family Detached Single Story Homes Ranging from 1451-1876 Square Feet Built in 2006 by US Home Harmony 2 is Gated & Immediate Community Amenities Include a Greenbelt, Community Pool, Playground & BBQ Area Close to Retail, Restaurants, Professional Offices & Local Gaming.  Also Close to the I-15 Freeway For Close Proximity to Nellis & Downtown Entertainment & Employment Centers. Please take a moment to fill out our questionnaires if you would like to: Sell a Harmony 2  Home Buy a Harmony 2  Home Rent a Harmony 2 Home
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By Bill & Fran Jenkins, Your Home Selling Team!
(Nevada Realty Connection)
Market Analysis Report For Eldorado Property Type: Residential Status: Closed Number of Properties: 240   Bedrooms SqFt List Price LP/SqFt Sale Price SP/SqFt [w/cents] SP/LP DOM High 6 3,858 $299,750 $97 $288,000 $91 120.9% 562 Low 2 1,069 $59,900 $45 $52,500 $37 74% 0 Average 4 2,109 $135,443 $64 $133,178 $63 98.34% 73 Median 4 1,977 $121,875 $63 $121,500 $62 100% 42   Search Criteria Property Subtype SFR , TWH , CON Status S Community Name ELDORADO There were a total of 240 properties that sold in the community of Eldorado in North Las Vegas. The highest sale price was $288,000 and the lowest sale price was $52,500. The highest days on the market was 562 and the lowest days on the market were 0 with the median days on the market at 42. If you would like to search all Eldorado propert...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying! It is important to understand how a seller looks at each financing type: Cash Offers: Generally have less contingencies and quicker close times. A cash offer may be accepted even if it is lower than a financed offer. Conventional Financing: Less strict with lender required repairs but larger down payments and more strict credit guidelines. FHA/VA Financing: Requires more scrutiny with lender required repairs via appraisal. In general these take longer to underwrite and close so a cash or conventional offer looks more enticing to the seller. FHA Req...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
North Las Vegas Home For Sale - Traditional Sale w/ NO BANKS! - $89,000Bedrooms: 3Bathrooms: 3Year Built: 2006Subdivision: Harmony 2Lot Size: 3920Garage Size: 2School District: CCSDSquare Footage: 1461Agent Name: Renee BurrowsBroker: The Force RealtyMLS #: 1228660Price: $89,0004032 JoyousNorth Las Vegas, NV 89032View MapView More PhotosRange/OvenFull RefrigeratorWasher/DryerFireplaceFabulous detached home with granite countertops & open floorplan. Gated community features superb amenities: Pool & Playground! This is a standard/traditional/equity sale and there is no waiting forever on the banks to send you an approval!Renee Burrows702-966-2494For More Information on Las Vegas Area Real Estate Trends Visit: www.ShackDiva.comRenee Holds Six Designations/Certifications: ABR, AHWD, RSPS, SF...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Area REO Inventory has FALLEN since last report (-332 units), Under Contracts have RISEN by (+72) units Closing data has FALLEN by (-318) units. Low interest rates have spurred a flurry of buyer interest & activity and it continues.  AB 284 IS PREVENTING NORMAL AMOUNTS OF NEW LISTINGS FROM COMING ON THE MARKET CURRENTLY until further notice! REO sales accounted for 48% of all Las Vegas Area Valley resale closings in December 2011. REO listings account for only 20% of total resale listings. Current Listed Bank Owned Statistics: Listings (2/15/2012): 1703 Under Contract (2/15/2012): 2835 Sold January 2012: 1656 View Last Month's Report Here For Most Current Las Vegas REO Inventory Market Report. What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General...
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By Billie Hillier, Savvy Home Realty Solutions
(http://702IsHome.com)
Bank Owned (REO) Homes for Sale in Aliante   Below are all the current bank owned home for sale in Aliante.  If you do not see an Aliante home that fits your needs, contact us to set up a personalized Las Vegas MLS search to assist you to find your new Aliante home. Once your search is created, the MLS will generate automatic updates and updates will be sent to you by email.   Do you want to sell your Aliante home? Use our extensive real estate marketing experience to get your home sold fast!   Bank Owned (REO) Homes for Sale in Aliante  
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.) Units Leased: December 2011:  2114 November 2011:  2290 October 2011:  2399 September 2011: 2535 August 2011: 2750 July 2011: 2396 June 2011: 2485 May 2011: 2376 April 2011: 2342 March 2011: 2307 February 2011: 2253 January 2011: 2002 December 2010: 1889 Average Monthly Rental Rates: December 2011:  $1307 November 2011:  $1328 October 2011:  $1355 September 2011: $1279 August 2011: $1422 July 2011: $1434 June 2011: $176...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
North Las Vegas Single Story for Rent - $1,025 per monthBedrooms: 3Bathrooms: 2Year Built: 1996Subdivision: Silverwood RanchLot Size: 4792Garage Size: 2School District: CCSDSquare Footage: 1554Agent Name: Renee BurrowsBroker: The Force RealtyMLS #: 1225345Rent: $1,025 per monthAvailable Date: Sun Feb 12, 20124534 Silver Bit CtNorth Las Vegas, NV 89032View MapView More Photos North Las Vegas Single Story. Fenced Private Back Yard. On a cul-de-sac near the community park!Renee Burrows702-966-2494For More Information on Las Vegas Area Real Estate Trends Visit: www.ShackDiva.comRenee Holds Six Designations/Certifications: ABR, AHWD, RSPS, SFR, SRES, SRS. Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 133017000All information in this site is deemed reliable but is not guaranteed a...
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By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Home For Sale - Traditional Sale Single Story! - $104,900Bedrooms: 4Bathrooms: 2Parking Spaces: 2Year Built: 1998Subdivision: Tierra De Las PalmasLot Size: 5498Garage Size: 2School District: CCSDSquare Footage: 1745Agent Name: Renee BurrowsBroker: The Force RealtyMLS #: 1223086Price: $104,9002108 Spanish Town AveNorth Las Vegas, NV 89031View MapView More PhotosRange/OvenDishwasherFireplacePatio Renee Burrows702-966-2494For More Information on Las Vegas Area Real Estate Trends Visit: www.ShackDiva.comRenee Holds Six Designations/Certifications: ABR, AHWD, RSPS, SFR, SRES, SRS. Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 130686000All information in this site is deemed reliable but is not guaranteed and is subject to change
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