Archive for the ‘Sunny Las Vegas’ Category
Thursday, May 17th, 2018
There are some new villages in Summerlin starting to sell homes. I just visited the cliffs yesterday. It’s right up against the mountains in the South side of Summerlin.. It’s so new they don’t have a zip code yet.
The Paseos isn’t a new village but they have a Lot of building going on.
Reverence, it’s located on the far north of Summerlin. Near the 215 and Cheyenne exit. It’s elevation is very attractive to many new home buyers.
Stonebridge, it’s located in the West Section of Summerlin. The area has a higher elevation.
Thank you for your time and if you’d like to visit any of these new homes or resale homes let me know and we can go check them out. Have a wonderful day. Penny
Click on link below for videos.
Penny O’Brien 702.321.9383
Friday, February 24th, 2017
This is a very serious blog. I can not begin to tell you how many stories I’ve heard about people being scammed by someone acting as a Realtor, is a Realtor or homeowner who’s gonna rent their place out. There are some really horrible people scamming others. Here’s a couple of examples:
One Licensed NV Realtor was managing rentals for many landlords. What he was doing was receiving the rent monies and not paying the landlords saying that the renters were late on payments etc. He got away with this for months. Taking the rent checks and putting the money in his pockets. He did eventually get caught and return to his country never to be found. He was fined by the NV Real Estate Division, but I’m quite sure non of the landlords and the RE Division will never be paid back. The payments in fines were over $100,000. I can’t remember the exact amount. Heck maybe it was near $300,000. Seriously, How can someone do that to others?
How about all the people who scam people off of CL and lots of other websites. I have heard stories of People posing as Real Estate Agents. Sending the lease agreement and collecting money, NEVER to be heard from again… YOU CAN NOT trust all Realtors. Please read below:
Here’s a list of thing you can do to protect yourself.
Go to the website: Realtor.com, look up the agent
Google the agent, www.http://SunnyLasVegashomes.com or
You’ll see me, Penny O’Brien
Look them up on Zillow,
Call their office number, check to make sure there is an agent by that name affiliated with them.
Call GLVAR and see if they have a Realtor by that name
Keep Checking, DO NOT STOP until you know in your gut that you are dealing with someone you can trust.
call me, I’m trustworthy, I have so many clients who can testify and share their experience while we worked together and time after. I have happy clients. You’ll be taken care of with me. I’ve been helping people for over 17 years full time. I love helping others.
Enjoy your day/night/weekend and times to come. Penny
Thursday, September 11th, 2014
I have helped many families purchase their homes with this program. If you’re looking for an Experienced Realtor, It’s Me. I can Help. The Section 184 Indian Home Loan Guarantee Program is a home mortgage specifically designed for American Indian and Alaska Native families, Alaska Villages, Tribes, or Tribally Designated Housing Entities. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
Because of the unique status of Indian lands being held in Trust, Native American homeownership has historically been an underserved market. Working with an expanding network of private sector and tribal partners, the Section 184 Program endeavors to increase access to capital for Native Americans and provide private funding opportunities for tribal housing agencies with the Section 184 Program.
To help increase Native access to financing, the Office of Loan Guarantee within HUD’s Office of Native American Programs, guarantees the Section 184 home mortgage loans made to Native Borrowers. By guaranteeing these loans 100%, we encourage Lenders to serve the Native Communities. This increases the marketability and value of the Native assets and strengthens the financial standing of Native Communities.
Thursday, July 31st, 2014
FOR SALE: SUMMERLIN HOMES call Penny @ 702.321.9383 she’s always on call: SUNNYLASVEGASHOMES.com
new homes too if you’d like more info. call me.
Thursday, July 31st, 2014
Tuesday, April 1st, 2014
Happy April Fool’s Day. There are currently 1463 Family Homes, Condos and Townhomes for Sale in or near Summerlin. Which include South Summerlin, North Summerlin, Summerlin Centre, The Lakes and Pecole Ranch. This number is from the MLS estimate.
Have a wonderful day.
Penny @ 702.321.9383
Tuesday, February 18th, 2014
Many people when purchasing a home want a NEW Home. A place they can do whatever they want to do with it. They have a blank canvas per-say. Many times with the choice of what lot they want to build on. What upgrades they want to add. What direction they want their front door facing. Many choices. Builders right now have some really good deals taking place.
I’d like to help, Penny @ 702.321.9383 Sunny Las Vegas Homes for you!
Here’s an example of what one of the builders has to offer:The home you want. The way you want it. All for a price you’ll love? That’s the ticket!
Get $10,000 toward Studio upgrades and/or closing costs when you buy a new home at select communities in the Las Vegas area, through February 28.*
Don’t miss this limited-time event. Your brand new home is closer than you think.
Wednesday, February 5th, 2014
This home is located in a very convenient area of Las Vegas, Near lots of shopping, restaurants, parks, schools and the 215.
Call me for a viewing of this amazing home. Penny @ 702.321.9383
Let’s get moving.
Tuesday, January 28th, 2014
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.
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