Archive for the ‘Las Vegas. NV’ Category
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Las Vegas Metropolitan Area and Surrounding Areas. Summerlin, NW and SW. Population is an estimated 2,027,868 residents.Thursday, July 31st, 2014
Clark County’s population grew by an estimated 30,209 people, a modest 1.5 percent rate in the year ending July 1, 2013, but enough to push the county past 2 million residents, the U.S. Census Bureau reported within the past few months. Las Vegas is a great place to live, take it from me. The weather is wonderful and the evenings are fantastic. We don’t pay state income tax. 24 hours a day availability of most anything you want and or need. The list of wonderful reasons to move here and or live here are endless.
With the influx, Clark County now has an estimated 2,027,868 residents, the Census Bureau said.
Today’s estimates leave Clark County as the nation’s 15th most populous county, ahead of No. 16 Tarrant County (Fort Worth), Texas, but behind No. 14 King County (Seattle), Washington.
Los Angeles County, Calif., is the nation’s most populous with nearly 10.2 million residents. It is followed by Cook County, Ill. (Chicago), 5,240,700 residents; Harris County, Texas (Houston), 4,336,853; Maricopa County, Arizona (Phoenix), 4,009,412; and San Diego County, California, 3,211,252.
Among the nation’s metropolitan areas, Houston registered the largest numeric increase between 2012 and 2013, adding about 138,000 people.
New York continued to be the most populous metro area, with 19.9 million residents, followed by Los Angeles and Chicago.
If you’re interested in moving to Vegas give me a call and let’s get moving.
Thank you for your time, Penny
Currently, there are almost 13000 homes for sale in Las Vegas and Las Vegas Surrounding areas. Information via MLS, which is an estimate.
If you’re in the market to rent, sell or buy make sure to give me a call. Have a great day.. Penny
CLICK here: http://www.sunnylasvegashomes.com/search.html
Signature Real Estate Group
9525 Hillwood Dr. 120
Las Vegas, NV 89134
For release Jan. 8, 2014
GLVAR reports home prices rose in December, up 24 percent in 2013
LAS VEGAS – Southern Nevada home prices ended 2013 on an upswing, with the median price of existing homes up 24 percent from the same time the year before, according to statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR).
GLVAR reported that the median price of an existing single-family home sold in Southern Nevada during December 2013 was $185,000, up 1.1 percent from $183,000 in November and up 24.2 percent from December 2012, when the median price was $149,000. Meanwhile, the median price of existing condominiums and townhomes sold in December was $96,000, down 3.0 percent from $99,000 in November, but up 26.3 percent from $76,000 one year ago.
GLVAR President Heidi Kasama, a longtime local REALTOR® who succeeded 2013 President Dave Tina starting Jan. 1, said local home prices have been increasing for the past two years, though they have stabilized in recent months. She noted that GLVAR tracked a similar year-over-year increase in local home prices during 2012, when the median price of existing homes sold in Southern Nevada also increased by 24 percent from the start to the end of 2012.
“Local homeowners should be happy with the strong appreciation we’ve seen over the past two years,” Kasama said. “We haven’t seen increases like this since the middle part of the last decade. Like most housing experts, I expect to see more stable home prices in 2014.”
Putting these recently rising home prices into perspective, she said existing local home prices bottomed out at a median price of $118,000 in January 2012 before appreciating for a record 19 straight months until September 2013. Local home prices are still well below their June 2006 peak of $315,000.
Kasama said 2013 was also a year of transition from distressed to more traditional sales, where lenders are not controlling the transaction. GLVAR has been tracking fewer foreclosures and short sales – which occur when a lender agrees to sell a home for less than what the borrower owes on the mortgage. In December, 20.7 percent of all existing local home sales were short sales, down from 21 percent in November. Another 8.5 percent of all December sales were bank-owned properties, up from 7 percent in November.
Of the 40,242 existing residential properties sold in Southern Nevada during 2013, GLVAR reported that 62 percent were traditional sales. That’s a big jump from 2012, when only 37 percent of all 44,902 sales that year were traditional.
Kasama said REALTORS® are pushing Congress to extend for at least another year the federal Mortgage Forgiveness Debt Relief Act that expired Dec. 31, 2013. Unless Congress votes to extend this act retroactively to the end of 2013, as some members of Nevada’s congressional delegation are proposing, any amount of money a bank writes off in agreeing to sell a home as part of a short sale starting in 2014 may become taxable when sellers file their income taxes. Without this tax relief, Kasama expects far fewer short sales this year.
GLVAR said the total number of existing local homes, condominiums and townhomes sold in December was 2,915, up from 2,694 in November, but down from 3,624 in December 2012.
Like November, GLVAR reported fewer homes listed for sale in December. The total number of properties listed for sale on GLVAR’s Multiple Listing Service decreased in December, with 13,303 single-family homes listed for sale at the end of the month. That’s down 6.6 percent from 14,240 single-family homes listed for sale at the end of November and down 8.9 percent from one year ago. GLVAR reported a total of 2,903 condos and townhomes listed for sale on its MLS in December, down 19.9 percent from 3,624 listed in November and down 16.5 percent from one year ago.
GLVAR also reported fewer available homes listed for sale without any sort of pending or contingent offer. By the end of December, GLVAR reported 6,587 single-family homes listed without any sort of offer. That’s down 3.6 percent from 6,830 such homes listed in November, but still up 78.6 percent from one year ago. For condos and townhomes, the 1,664 properties listed without offers in December represented a 24.1 percent decrease from 2,192 such properties listed in November, but a 33.0 percent increase from one year ago.
In December, GLVAR reported that 44.4 percent of all existing local homes sold were purchased with cash. That’s up from 43.7 in November but down from a peak of 59.5 percent set in February 2013.
The median price of bank-owned homes sold in December was $159,900, up from $152,500 in November. The median price of homes sold as part of a short sale in December was $165,000, up from $158,500 in November.
These GLVAR statistics include activity through the end of December 2013. GLVAR distributes such statistics each month based on data collected through its MLS, which does not necessarily account for newly constructed homes sold by local builders or for sale by owners. Other highlights include:
- The monthly value of local real estate transactions tracked through the MLS during December increased by 10.7 percent for homes to more than $550 million. For condos and townhomes, the total value of all December sales was more than $71 million, up 1 percent from November. Compared to one year ago, total sales volumes in December were up 1.6 percent for homes and up 3.1 percent for condos and townhomes.
- In December, 69.1 percent of all existing local homes and 63.0 percent of all condos and townhomes sold within 60 days. That compares to November, when 73.5 percent of all existing local homes and 67.2 percent of all condos and townhomes sold within 60 days.
Las Vegas’ pool clubs were opening for the season, starting with Liquid Pool Lounge at Aria and the topless Bare Pool Lounge at the Mirage.
The son of a federal appeals court judge shot himself dead in the courtyard of the Las Vegas Mormon temple in November.
Scott Greer Bybee, 26, committed suicide in an inside courtyard area away from the lobby and from worshippers who were attending a temple session about 6:40 p.m. in the temple of the Church of Jesus Christ of Latter-day Saints.
Bybee, of Henderson, the son of 9th U.S. Circuit Court of Appeals Judge Jay Scott Bybee.
Las Vegas Residential Sale Agreement: Buyers financing contingencies. Residential Purchase Agreement inforamation.Friday, December 6th, 2013
RPA: Residential Purchase Agreement which is a Residential sales agreement usually have clauses referred to as financing contingencies which allow the buyers to declare the contract null and void if they are unable to obtain financing. This may be the most important condition in your contract if you are buying a home, so read the contract carefully before you sign it. And, if you have any questions at all make sure to ask your Real Estate Agent to explain it to you.
Almost all financing clauses set a time limit of from 30 to 45 days for obtaining a firm commitment from a lender. They may set deadlines for applying for a loan, and require the buyer’s full cooperation in obtaining all the information needed to process your loan. If the loan is not approved by the deadline, it may be necessary to request an extension from the sellers or take specific steps to void the contract and get your deposit money back. There are a few financing and other types of deadlines in the contract, apply for your loan as soon as possible, and be diligent about providing the lender with any documents that are requested.
Call me anytime and let’s talk Real Estate. Penny @ 702.321.9383
I proudly salute the men and women of the United States Armed Forces whose personal sacrifices protect our great nation.
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same” – Ronald Reagan
Penny is a full service discount Real Estate Agent , She is proud to offer Veterans and Active Duty members 2% cash back on their next home purchase! Buy any home in Las Vegas using me as your Buyer’s Agent, and Penny will give you 2% of the purchase price at settlement! In addition, you’ll also receive a $100 gift card to your choice of either Home Depot or Lowes Home Improvement. Receive thousands of dollars at settlement just for choosing Penny. It’s her way of saying “Thank You” for all that you do.
If you need to sell your home allowing you to preserve your hard earned equity and savings. Penny is a Full Service Real Estate Agent that will work tirelessly to sell your home at a very fair and affordable commission. Your 100% satisfaction is her mission
CALL me anytime, Penny @ 702.321.9383