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Las Vegas MLS Inventory “IS SOUNDING LIKE A BROKEN RECORD”

Las Vegas MLS Inventory “IS SOUNDING LIKE A BROKEN RECORD”    music-notes

Inventory Keeps Getting Lower and Sale Pricing Keeps Getting Higher!           

SnapShot of the current market in Las Vegas today….  Its’ RECORD BREAKING Highs and Lows

UpDated:  April 10, 2013

MARKET HAS SHIFTED TO A SELLER’S MARKET
~~There are prevalent bidding wars and multiple offer situations on properties. (Up to 30 offers within days of list—seen up to 80 offers–Most cases property is removed from the market to stop additional offers flowing in to seller)

~~Sales price is increasing  – Appreciation — Trending Upward – [SEE BELOW CHART & ZIP CODE APPRECIATION MAP]   Ticor Title – Las Vegas 

~~New Home Builders Sales Pricing is increasing 

~~Inventory is very very low and continues to decline [SEE BELOW MLS INVENTORY WATCH CHART]

~~Seller’s Net is King
MLS INVENTORY WATCH CHART — Las Vegas, North Las Vegas, Henderson

Although Las Vegas is experiencing appreciation and low inventory, the Las Vegas pricing is still low now.   A buyer may expect a unprecedented great deal today in one of the most exciting cities on this planet!   Fabulous Las Vegas!!

Julia St. Marie, RRG, ABR, RSPS

Phone:  702-355-H-O-M-E (4663)  Email:  LVRealEstateLady@yahoo.com

LAS VEGAS — SHOP BY ZIP CODE — CLICK HERE To See Homes Available Today

FABULOUS LAS VEGAS!

SHOP BY ZIP CODE — CLICK HERE To See Homes Available Today

 
Julia St. Marie, RRG, ABR, RSPS  -  Attentive, Knowledgeable, Honest and Caring
Certified REO Specialist
Fair Housing
702-355-H-O-M-E (4663) direct
 
 
 

Trump Towers In LAS VEGAS – Just Click to see what is AVAILABLE TODAY

CLICK TO SEE WHAT IS AVAILABLE TODAY AT TRUMP

Trump Las Vegas Highrise Condotel

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Las Vegas — TRUMP Highrise Condotel — See what is available today!

CLICK BELOW ON THE TRUMP TOWER TO SEE CONDOTEL UNITS THAT ARE AVAILABLE TODAY

Julia St. Marie, ABR, RRG, RSPS

702-355-H.O.M.E. [4663]

Certified REO Specialist

Attentive, Knowledgeable, Honest and Caring

Aka:  LVRealEstateLady

eho

LIVE on THE LAS VEGAS STRIP — SKY Highrise Condos AVAILABLE TODAY!

Sky Las Vegas

Sky Las Vegas has ushered in a new era of luxury living on the Las Vegas Strip when its first residents moved in early 2007.

The 45-story, $325 million, luxury condominium high-rise is the first of its kind located on one of the world’s most magical boulevards. Sky Las Vegas provides the ultimate location for those seeking immediate access to the electrifying entertainment, abundant shopping, and incomparable dining experiences of The Strip.

SKY luxury condo tower houses 409 units with 870 to 5,500 square feet.

Luxury Residential Condominium High-rise on the Strip!

World Class Amenities will include:

~SkyLounge™ – Resident social room overlooking the Las Vegas Strip for private parties and entertaining guests

~SkyGarden™ – Pool & Jacuzzi surrounded by lush botanical garden

~Fully equipped, state-of-the-art spa & fitness center

~Professional billiards room & bar

~Indoor racquetball courts

~Spacious, private movie screening room

~Professional putting green

~Pet-friendly dog run area

~24/7 concierge service ready to assist you

~Complimentary valet parking service

~Business center with private conference/meeting rooms

~State-of-the-art security including on-site video monitoring and 24 hr. guard gated entrance

CLICK ON THE SKY POOL TO CHECK FOR AVAILABLE UNITS

Click below on SKY to watch Video…..

Please feel free to let me know, should you have any questions…..:)

Brief Snapshot

Type: Residential Tower: 1

Story Tall: 45

Total Units: Approx 409

Penthouses: 10 PHs – 6 Multi Level PHs

Size Range: Approx 770-5,100sf

Balcony/Terrace: Yes

Pool, Fitness Floor: 1st

Location: On the Strip

Julia St. Marie, ABR, RRG, RSPS

702-355-H.O.M.E. [4663]

Certified REO Specialist

Attentive, Knowledgeable, Honest and Caring

Aka: LVRealEstateLady

SnapShot of the current market in LAS VEGAS Today!

SnapShot of LV Market

SnapShot of the current market in Las Vegas today….

[What a buyer can expect]

UpDated: February 3, 2013

MARKET HAS SHIFTED TO A SELLER’S MARKET

~~There are prevalent bidding wars and multiple offer situations on properties. (Up to 30 offers within days of list—seen up to 80 offers–Most cases property is removed from the market to stop additional offers flowing in to seller)

~~Sales price is increasing — Appreciation — Trending Upward – [SEE BELOW CHART]

Compliments of Ticor Title – Las Vegas

~~New Home Builders Sales Pricing is increasing

~~Inventory is very very lowand continues to decline [SEE BELOW MLS INVENTORY WATCH CHART]

~~Seller’s Net is King

MLS INVENTORY WATCH– Las Vegas, North Las Vegas, Henderson

~Banks/sellers are selling at or above the Fair Market Value [FMV] of today….FMV is a discount of 50-60-70% off original sold pricing of 2002, 2003, 2004, 2005, 2006.

~Also the banks/sellers are absorbing the loss on the huge deficiency on the defaulted mortgage for the winning buyer.

~The banks/sellers are also delivering clear and marketable title; whereas they are paying for all delinquencies with penalties & interest [water, gas, electric, sewer, property taxes, hoa fees, etc.] and liens on title that have been left by the previous defaulting owner for the buyer.

~The banks/sellers are also paying for the Title Commitment insuring that they are delivering clear and marketable title for the buyer.

~The banks/sellers are also paying for Realtor fees. [This is approximately 4-6% of a sales price for both Seller and Buyer agent share]

~The banks/sellers are paying for their own closing costs. No buyer contributions are requested by the banks.

~The banks/sellers are selling properties in “As is” condition; whereas no repairs are made.

~The banks/sellers are paying for the Home Owner’s Association Resale Package.

Although Las Vegas is experiencing appreciation and low inventory, the Las Vegas pricing is still low now. A buyer may expect a unprecedented great deal today in one of the most exciting cities on this planet!

Fabulous Las Vegas!!

Julia St. Marie, RRG, ABR, RSPS

Phone: 702-355-H-O-M-E (4663)

Fax: 702-791-1094

Email: LVRealEstateLady@yahoo.com

View Detached Homes: http://www.LVRealEstateLady.com

View Condos: http://www.LasVegasCondoHeaven.com

CLICK HERE FOR GOOD NEWS – LAS VEGAS

eho

 

Las Vegas–Las Vegas Country Club — See the Townhomes on Tam OShanter Drive!

Enjoy the security of the Guard Gate, the tranquility of Golf Course Views and the convenience of living within two blocks of the Las Vegas Strip and close proximity to all amenities!

View Townhomes Available today in the Las Vegas Country Club

CLICK HERE TO SEE TOWNHOMES AVAILABLE TODAY

Julia St. Marie, RRG, ABR, RSPS, Certified REO Specialist

702-355-H-O-M-E (4663) direct

See MacDonald Ranch Homes Available Today

MacDonald Ranch Homes Available Today-Henderson

CLICK HERE to see what is AVAILABLE TODAY

Contact Julia St. Marie at REALTY ONE GROUP at 702-355-H.o.m.e. [4663]

Realty-One-Group_Logo_sm-bw Equal Housing Opportunity

LAS VEGAS Highrise “The Metropolis” on DI–See what is available today!

THE METROPOLIS Highrise is located on Desert Inn

CLICK HERE to see what is AVAILABLE TODAY

Contact Julia St. Marie at REALTY ONE GROUP at 702-355-H.o.m.e. [4663]

Realty-One-Group_Logo_sm-bw Equal Housing Opportunity

Las Vegas is Re-Inventing the Wheel!!!!!

Fabulous Las Vegas

Is Re-Inventing the Wheel!!

Well Actually TWO OF THEM!!

  The SkyVue Las Vegas Super Wheel–500-foot viewing wheel on the Las Vegas Strip Skyvue Las Vegas Super Wheel to open in 2013 as part of a $100 million privately funded project also including a roller coaster and 200,000 square feet of retail, restaurant and entertainment space.

Read more From MSNBC NEWS > CLICK HERE

Read more From CHANNEL 8 NEWS > CLICK HERE

Woweewowwow Las Vegas!

Many More Jobs!

 LINQ- The Linq’s centerpiece is the 550-foot observation (“don’t call it a Ferris”) wheel, dubbed the Las Vegas High Roller. The structure is 9 feet taller than the Singapore Flyer and 107 feet taller than the London Eye. With 28 enclosed, transparent sphere cabins that hold up to 40 passengers each, the wheel can transport an estimated 2,240 passenger per hour. It will take 30 minutes to make one revolution on the wheel….

Read More From the LAS VEGAS REVIEW JOURNAL > CLICK HERE

Read More from ProjectLasVegas.com > CLICK HERE

These two projects are a symbol of the promise and greatness of Las Vegas and it’s future……

Should you or your friends and family be interested to own a Home or a Vacation Get Away in this VIBRIANT CITY, Las Vegas still does have AFFORDABLE VALUES TODAY from Guard Gated, Golf Course, Adult Active Communities to Highrise and Midrise Condos.

CLICK HERE to see HIGHRISE and MIDRISE CONDOS

CLICK HERE to see homes and communities throughout the Valley

Looking forward to hearing from you soon!

See you on the Strip! 

Julia St. Marie,ABR, RRG, RSPS

702-355-H.O.M.E. [4663]

Certified REO Specialist

Attentive, Knowledgeable, Honest and Caring

Aka: LVRealEstateLady

 Relocating to Las Vegas!

Las Vegas–ALLURE HIGHRISE CONDOS Just off the Strip–See what is available today!

Las Vegas-Solera at Stallion Mountain–What an Outstanding Value for sure–

Solera Stallion Mountain

If you would like an immense value to be part of your retirement plan….keep reading. 

Solera at Stallion Mountain in Las Vegas is a Guard Gated, Age-Restricted, Active Adult, Golf course community that has lovely homes that are built by Pulte.

 You will find mountain and golf course views and clean and well manicured landscaped streets.  You will also find a club house with a large outdoor pool, bocce ball, fitness area, card room, and ballroom.

 Solera residents benefit from golf course membership options into the private Stallion Mountain You will find an exclusive community center built just for Solera homeowners, including club and hobby rooms, outdoor pool, tennis, bocce courts and ballroom. 

You will find all one story homes from 1,155 to 1,716 sq. ft., and priced from….well just

CLICK ON THE BELOW IMAGE OF THE SOLERA MONUMENT TO SEE HOMES AVAILABLE TODAY


If you are pleasantly happy with this unbelievable value, please feel free to contact me and I shall be happy to show you some homes at Solera that you will be happy to own.

Julia St. Marie, ABR, RRG, RSPS
702-355-H.o.m.e. [4663]

eho
http://www.LVRealEstateLady.com      http://www.LasVegasCondoHeaven.com

Solera at Stallion Mountain, Las Vegas Retirement Community
CLICK HERE TO SEE STALLION MOUNTAIN VIDEO

Las Vegas – LATIGO CONDOMINIMUMS AT SILVERADO RANCH

LATIGO CONDOMINIMUMS AT SILVERADO RANCH

Latigo Condos is a 400 unit gated community that is located in Silverado Ranch.   Latigo offers its residence a variety of amenities such as a pool, spa, clubhouse, and fitness center.  Latigo is just a few minutes away from the 215 beltway and approximately 15 minutes to the Las Vegas Strip.  Latigo is within very close proximity to shopping, restaurants, gas stations, bus stops, and hospitals.

CLICK HERE TO VIEW MAP LOCATION

CLICK HERE TO VIEW VIDEO OF LATIGO COMMUNITY

Latigo offers one, two, and three bedroom condos ranging from 700sf to 1156sf.  Some condos also have a single car detached garage and all units are assigned a covered parking space and there is plenty of open parking too. 

CLICK ON THE BELOW  ON THE LATIGO POOL TO SEE WHAT IS CURRENTLY AVAILABLE AT LATIGO 

If you are interested in a Las Vegas Condo, please feel free to email, text, or phone me and I shall be happy to assist.

Julia St. Marie, ABR, RRG, RSPS 
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka:  LVRealEstateLady

Latigo Condos – Silverado Ranch, Las Vegas

Las Vegas — OWN vs RENT

OWN vs RENT

Weight the Scales and find out what is right for you.

Click on the below Scales.

If it makes good sense to own to you,
please contact me today!


Julia St. Marie, ABR, RRG, RSPS
    702-355-H.o.m.e. [4663]
   
http://www.LVRealEstateLady.com   http://www.LasVegasCondoHeaven.com

Link

ONE STOP – NON STOP RESOURCE FOR LAS HIGHRISE AND MIDRISE CONDOS

ONE STOP – NON STOP RESOURSE FOR LAS HIGHRISE AND MIDRISE

Las Vegas – Summerlin 4990sf Home with Heated Pool


Summerlin 4990sf Home with Heated Pool



Mountains Views and on the Cul de Sac

Listing Courtesy Prudential Americana Group





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie, ABR, RRG, RSPS

, REALTOR®

www.YourLasVegasProperties.com | 702-355-H.o.m.e. | Contact Me

Las Vegas–Allure–Highrise Unit 2203 has a lot to tout about!


Las Vegas–Allure–Highrise Unit 2203 has a lot to tout about!



Highly appointed unit 2203 touts of marble flooring, granite counter tops, city/mountain/STRIP views!

Courtesy Listing of John Hatch Realty





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas-5789sf One Story Home with Views and Pool!


Las Vegas-5789sf One Story Home with Views and Pool!



Just two miles from the Las Vegas Strip!

Listing Courtesy of Prudential Americana





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas-Turnberry Towers-1657sf Unit on the 37th Floor


Las Vegas-Turnberry Towers-1657sf Unit on the 37th Floor



BBQ Area, Business Center, CC&RS, Concierge, Exercise Room, Guard Gated, Mini-Golf, Pet Park, Pool, Recreation Room, Security, Storage, Tennis

Listing Courtesy of Award Realty





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas — Turnberry Towers Highrise Condominimum on the 19th Floor


Turnberry Towers Highrise Condominimum on the 19th Floor



BBQ Area, Business Center, CC&RS, Concierge, Fitness Center, Guard Gated, Guest Parking, Mini-Golf, Pet Park, Pool, Recreation Room

Listing Courtesy of Regency Real Estate Group






Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas – Summerlin 4990sf Home with Heated Pool


Summerlin 4990sf Home with Heated Pool



Mountains Views and on the Cul de Sac

Listing Courtesy Prudential Americana Group





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas-3797sf ONE STORY HOME in the Red Rock Country Club


Las Vegas-3797sf ONE STORY HOME in the Red Rock Country Club



GOLF and MOUNTAIN VIEWS and GUARD GATED and CASITA

Listing Courtesy of Cynthia Ward of Rothwell Gornt Co.


 



Search all available listings.


View all available foreclosures instantly.


See community information.

 

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

 

Las Vegas-Red Rock Home on a Golf Course


Las Vegas-Red Rock Home on a Golf Course



Streamline and sleek Home.
Mountain, Golf, and City Views are you to enjoy!



 



Search all available listings.


View all available foreclosures instantly.


See community information.

 

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

Las Vegas-4016sf Summerlin Home–Immaculate and Well Appointed


4016sf Summerlin Home–Immaculate and Well Appointed



Live in the heart of Summerlin today!





Search all available listings.



View all available foreclosures instantly.



See community information.

Realty One Group
Realty One Group
Julia St.Marie

, REALTOR®

www.YourLasVegasProperties.com | (702) 355-4663 | Contact Me

THE AB WAVE! We and the Crystal Ball are on the Surfboard now in Las Vegas Real Estate! Read on….

THE AB WAVE!!!  

We and the Crystal Ball are on the Surfboard now in Las Vegas Real Estate!

On May 11, 2011 the Nevada Senate passed Assembly Bill AB 284.  Assembly Bill 284, called the “Foreclosure Reform Law”, has gone into effect on October 1, 2011. 

This bill [and not limited to]….  

~Has been implemented in order to give Nevada residents transparency in the foreclosure process. 

~Requires that [NOD] Notices of Default filed after September 30, 2011 are required to be accompanied by an “Affidavit of Authority” that names the beneficiary, often referred to as investor of the deed of trust.

~Defines who can act as foreclosure trustee and the standard of care for such trustee. 

Below please find a LENDER NOTICE OF DEFAULT ACTIVITY – Clark County, Nevada showing you the effects on the NOD filings since AB284 has gone into effect on October 1, 2011.   

Compliments of    

As you can see NOD activity has dropped substantially from 3,223 NODs filed in September 2011 to 96 NODs filed in October 2011!!

What do you think the next effect(s) of this bill will be on the Las Vegas Real Estate Market??

Some predict….

~~Supply will drop

~~Bidding wars are to get even more competitive [harder for a buyer to purchase]

~~Supply and Demand:  Pricing will go up from less supply of foreclosed properties on to the MLS block

~~New home sales will flourish even greater

Is the window of opportunity closing up for lower priced homes in Las Vegas?

Is this another indication that Las Vegas has hit the bottom?

Is this an indication that Las Vegas is on the way up? 

Whatever results that this new wave does bring, I will be here as a Ready, Willing and Able Realtor to help you with your Las Vegas Real Estate needs!

Julia St. Marie, ABR, RRG, RSPS 
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka:  LVRealEstateLady

     

Veer at City Center on the Las Vegas Strip–See what is available!

Click on Veering Towers to peek inside VEER!

SCROLL DOWN TO SEE WHAT IS AVAILABLE TODAY AT VEER!

VEER is Joint Venture between MGM Resorts International and Infinity World Development Corporation, a subsidary of Dubai Work are two 37-story residential high rise towers located in City Center in the heart of the World Famous Las Vegas Strip!

These towers veer right to left of each other and house approximately 669 residences total and you will find amazing and “feel like you are floating” views at VEER!

 
VEER INTERIOR FEATURES:

~A variety of floor plans – Studio, Deluxe Studio, 1 bedroom, 2 bedrooms, 3 bedrooms and Penthouses from 537sf to 3,412sf.

~Three designer-select interior finishing schemes to choose from:

            -Earthly

            -Ethereal

            -Transcendent

~Ceilings are approximate 9’3″ in standard residences and up to 12’6″ in the penthouses

~Floor to ceiling windows

~Unique sliding glass doors between the living area and bedroom [in select residences]

~High-end designer flooring and plush carpeting

~Pre-wired for television, telephone and computer Ethernet

~Recessed  lighting in select areas

~Bosch stackable washer/dryer housed behind the closet enclosure

~Secondary entrance [in select residences]

~Central air conditioning and heating with climate controls

~Motorized shades

CLICK ON THE BELOW IMAGE OF VEER TO SEE WHAT IS AVAILABLE TODAY

 VEER AMENITIES

~Private residential drive and valet parking services

~Each tower is comprised with a two-level private residential entrance; street level and valet level

~Secured private residential elevators

~Private mail rooms

~Residential owner’s business center and boardroom

~The  roof top on the 37th floor, has unequaled views of Las Vegas, with an infinity-edge pool, hot tub, sun deck and hospitality patio with outdoor sinks, grill and refrigerator for entertaining.

~A recreation room with billiards table, private media room and a fitness center with men’s and women’s changing rooms, steam rooms and saunas are adjacent to the pool deck.

~On-site property management

~Private bike storage

~24-hour concierge service

~24-hour security.

~LEED Gold certification from the U.S. Green Building Council

The VEER Kitchens have Bosch Stainless Steel appliances with custom contemporary European Style cabinets and Designer flooring.

The VEER Bathroom have marble tile showers, solid marble countertops, fashionable bowl sink with designer fixtures, and designer flooring.

Please feel free to contact me for your VIP Tour of VEER.

 

Brief Snapshot
Type:    Residential
Towers:    2
Story Tall:
   37
Total Units:    669
Penthouses:    8 PHs in each tower
Size Range:    Approx 537sf to 2,412sf
Balcony/Terrace:    No
Pool, Fitness Floor:    Roof level
Location:    On the Strip in City Center

Julia St. Marie, ABR, RRG, RSPS
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka:  LVRealEstateLady

Henderson Real Estate–See Homes That Are Available Today!

The City of Henderson is located in the Southeast.  It is east of the I15 and South of Russell.   

Within Henderson you will find The District, Green Valley Ranch Hotel and Casino, Beautiful Master Planned Communities, Vibrant Age Restricted Communities, majestic golf courses, clean and fun filled parks, all amenities, Bird Viewing Preserve, Galleria Mall, the Black Mountain Ranges, easy access to the Las Vegas Strip, easy access from inbound California, family living and lovely homes. 

Click below on the links of this page and you will see what is available to own in the many different subdivisions in Henderson.   Perhaps you will like to live in Henderson with its grassy flavor Hometown feel. 

Henderson with its grassy flavor Hometown feel

Calico Terrace

Candle Creek

Cinnamon Ridge

Clearwater Canyon

Convetry at Anthem

Desert Canyon

Earlstone Estates

Emerald Valley

Fiesta Park

Foothills at MacDonals Ranch

Fountains

Glengarrry at Anthem

Indigo Run

Green Valley Ranch

Green Valley South La Entrada

Lakeside Highlands

Legacy Estates

Maderia Canyon

Paradise Valley Country Club

Park Mesa

Pebble Creek

Ravenstone at Anthem

River Landing

Roma Hills

Seven Hills

Solera at Anthem

South Valley Ranch

Sun City Anthem

Sunridge

Tuscany

Ventana Canyon

Weston Hills

Westwood Village

Whitney Ranch

CITY OF HENDERSON INFORMATION WEBSITE

HENDERSON VIDEO CLIP

 Please feel free to contact me and I shall be happy to answer any questions that you may have and also show you lovely homes in Henderson

         Julia St. Marie, ABR, RRG, RSPS

    702-355-H.o.m.e. [4663]

   

 http://www.LVRealEstateLady.com   http://www.LasVegasCondoHeaven.com

  Henderson, Nevada

Las Vegas–Eldorado–Uncompromising LOW PRICED Homes—See what is available today!

Las Vegas–Eldorado–Uncompromising LOW PRICED Homes—See what is available today!

Located in the city of North Las Vegas which I have coined phrased the “Upper Beautiful North,” you will find the master planned community of Eldorado [Zip codes 89031 and 89084].  Eldorado is a lovely clean, residential area with pride of ownership.  This community has two parks; namely, Eldorado Park and Seastrand Community Park.  Eldorado is within close proximity to Aliante Station Casino and just minutes away from the VA Hospital.  Just to the south of Eldorado you will find all the amenities that you will ever need from Starbucks, Smiths, CVS Pharmacy, Papa Johns Pizza, banks, restaurants to a bus stop.

Home sizes range from 1070sf to 3800sf with single and two story homes available.  One of the best attributes of Eldorado is it’s affordability.  Homes start here at $55 price per square foot and I need to emphasize that this low pricing does not compromise that it is a lovely clean, residential community with pride of ownership.

This community is a well kept secret and now you are privy.

CLICK ON THE IMAGE OF ELDORADO ENTRANCE TO SEE WHAT HOMES ARE CURRENTLY AVAILABLE TODAY!

To View One of these Lovely Residences, please contact:

Julia St. Marie, ABR, RRG, RSPS
702-355-H.o.m.e. [4663]

http://www.LVRealEstateLady.com
http://www.LasVegasCondoHeaven.com

Eldorado — North Las Vegas –You will not be disappointed! 

Allow me to Introduce Myself :)

Las Vegas-Quintessential Home for sale–LOOK INSIDE !

LOOK INSIDE THIS HOME!
New and complete renovation of this classic Las Vegas home in a beautiful community. Lush community landscaping with soaring trees and lots of beautifully maintained community areas. This single story home has been given an updated look in a quintessential Las Vegas community! New Stainless steel appliances, fresh paint, brand new carpet and tile all await even the most discerning home buyer!

CLICK HERE TO VIEW HOME >>> http://www.mlsfinder.com/nv_glvar/juliastmarie/index.cfm?action=listing_detail&property_id=1192167

CONTACT ME :)
Julia St. Marie, ABR, RRG, RSPS
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka: LVRealEstateLady

~Equal Housing Opportunity~

Las Vegas-Two Story Home-2383sf sf in the Northwest with BR downstairs

Las Vegas-Two Story Home-2383sf sf in the Northwest with BR downstairs

CLICK HERE FOR HOME DETAILS >> http://www.mlsfinder.com/nv_glvar/juliastmarie/index.cfm?action=listing_detail&property_id=1204467

CONTACT ME :)
Julia St. Marie, ABR, RRG, RSPS
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka: LVRealEstateLady

~Equal Housing Opportunity~

Las Vegas-Two Story Home-2383sf sf in the Northwest with BR downstairs

LOOK AT LAS VEGAS and HENDERSON DETACHED HOMES BY ZIPCODE – Available Today!

LAS VEGAS and Henderson DETACHED HOMES BY ZIPCODE

LAS VEGAS DETACHED HOMES BY ZIP CODES
If you need a zipcode map, please click here>> “Zipcode and Area Map”

Southwest – Las Vegas

89141 

89179

89178

89139

89113

89118

89148

89103

89117

Southeast -Las Vegas and Henderson

89044

89183

89052

89123

89012

89074

89002

89015

89011

89122

89121

89169

89109

Northwest-Las Vegas

89135

89147

89103

89117

89146

89102

89107

89145

89138

89144

89128

89129

89108

89149

89166

North – Las Vegas

89143

89131

89130

89085

89130

89031

89085

89032

89086

89081

Northeast – Las Vegas

89115

89030

89110

89156

89115

89142

89101

To View One of these Lovely Residences

Julia St. Marie, ABR, RRG, RSPS
702-355-H.o.m.e. [4663]

eho

http://www.LVRealEstateLady.com
http://www.LasVegasCondoHeaven.com

Sun City Anthem–Henderson, Nevada–Adult Active Community–Retirement

Nestled in the lovely Black Mountain foothills of Henderson, Nevada you will find Sun City Anthem in the Master Plan of Anthem.   Sun City Anthem is only 12 miles from McCarran Airport and the fabulous Las Vegas Strip.   Sun City Anthem homes are chiseled into the natural desert landscape about 800 feet above the Las Vegas Valley. This higher elevation provides views of beautiful natural desert terrain by day and spectacular views of the glittering Las Vegas “Strip” and the surrounding Valley at night. 

Sun City Anthem was developed by Del Webb between 1998 and 2008 and contains 7,144 homes, ranging from about 1,100 sq ft to over 3,100 sq ft . Virtually all of the community is non-gated, with the exception of one neighborhood called Pinnacle Village with 234 homes.

CLICK BELOW ON THE SUN CITY ANTHEM MONUMENT TO SEE HOMES THAT ARE AVAILABLE TODAY

 For those whom enjoy golf….you will find the Revere Golf Club.  Revere Golf Club is 23,000 square feet with a fully stocked pro shop and a full service restaurant called Buckman’s Grille.  Revere Golf Club includes two 18-hole championship courses. The Lexington Course is a stunning 7,143-yard, par-72 course and the Concord Course which is a 7,034-yard, par-72 course that features Bermuda fairways and large greens.  Scenic, panoramic and  breath taking views are just another outstanding feature of the Revere Golf Club.

Sun City Anthem also has three community recreational centers.  Names, Anthem Center [77,000sf], Independence Center [36,000sf] and Liberty Center [ 20,000sf].

Residents enjoy lounges with luxurious furnishings, spacious ballrooms, state-of-the-art fitness center, indoor lap pools, spas, an indoor walking track, performance halls, craft and hobby rooms, an on-site restaurant-Anthem View Restaurant, Wellness Center, over 80 hobby activities, tennis courts, bocce courts, arts and crafts, card rooms, sewing, stretching & yoga classes, computer labs, library, outdoor concerts, and much more.  All of the community recreational centers at Sun City Anthem are vibrant and active.

CLICK BELOW ON THE REVERE GOLF COURSE TO WATCH MY VIDEO

If you would like a tour of Sun City Anthem homes and community, please feel free to contact me….Julia your Sun City Anthem Realtor!

  

  Julia St. Marie, ABR, RRG, RSPS

 702-355-H.o.m.e. [4663]

 

 http://www.LVRealEstateLady.com     http://www.LasVegasCondoHeaven.com 

 

 

Henderson–Solera at Anthem–Adult Active Community

Solera at Anthem 

Solera at Anthem is a beautiful active adult community [55+ or better] built by Del Webb from 2003 to 2008. It is located within the Anthem master planned community, and right next to Sun City Anthem which is another active adult community built by Del Web. Anthem is located in Henderson.  You will find views of the surrounding Black Mountains and the Las Vegas Valley.

Solera at Anthem is not gated and there are 1,750 detached and attached one story homes.   Single-family homes are designed with five different floor plans, ranging from 1,140 to 1,771 square feet. Attached homes come in duplex and triplex models, ranging in size from 1,519 to 1,590 square feet. 

Click below on the Solera Monument to view homes that are currently available to own at Solera at Anthem

There is 24,000 square foot community recreation center offering an indoor pool, spa, fitness center, computers, billiards and game room, tennis, yoga, Aquacise, bocce ball, library, computer center, arts and crafts, hobby and club rooms, social clubs, & more.

Near by is a shopping center with Albertsons, Bank of America, Wells Fargo, Starbucks, Restaurants, CVS Pharmacy, Subway and more.

Should you like to view homes at Solera at Anthem or have any questions, please feel free to contact me….Your Solera at Anthem Realtor! :)

 
         Julia St. Marie, ABR, RRG, RSPS
    
702-355-H.o.m.e. [4663]
   

 http://www.LVRealEstateLady.com   http://www.LasVegasCondoHeaven.com

PROVIDENCE-Las Vegas–The Next Generation Floor Plan is here today! “A Home within a Home!!”

PROVIDENCE-Las Vegas–Northwest

Revolutionary Floor Plan  –>> A HOME WITHIN A HOME

The Next Generation Floor Plan is here today!

This revolutionary new concept in home design includes a completely separate, full private suite with its own entrance, bedroom, bath, kitchenette and even its own laundry.  

This floor plan is designed to comfortably accommodate any dual living arrangement.

So if an adult child needs to move back home or parents need to move in, they can live in the same home but still apart in their own private living space.

NEW HOME : Priced New from $309,990—-3,460 Sq.Ft., 4 Bedrooms, 3.5 Bathrooms, 3 Bay Garage, 2 Stories

 

 Contact Julia St. Marie, Abr, RRG, RSPS

702-355-H.o.m.e. [4663]

I look forward to meeting you! 

http://www.LVRealEstateLady.com

Las Vegas-Siena Summerlin-Active Adult-Guard Gated-Golf Course

Siena is located on the west side of Las Vegas (just west of the I-215 Beltway-Zip code 89135) is a 667 acre Active Adult and Age-Restricted (55 or better) Golf Course and Guard Gated Community within the master-planned community of Summerlin.  Siena has the feel of an eloquent luxury resort.   Homes are nestled around Siena Golf Course which is an18-hole championship course with cascading waterfalls, tranquil gardens, and beautiful Lake Siena. This is a private community.  You will also find powerful Mountain views, serene water features, golf course rolling hills, street lined palms trees and well manicured and mature landscaping throughout. 
 

Siena Amenities
In addition to the golf course, residents enjoy a wide array of amenities and social activities at the Village Center Complex. The Village Center Complex contains three facilities that add up to over 71,000 square feet of interior space. The facilities are all connected by a meandering pedestrian walkways adjacent to the lake, streams, and waterfalls that border the first golf hole. 

Amenities at Siena are as follows:
~The Village Center
~Siena Golf Club
~Siena Bistro Restaurant
~ State-of-the-art cardiovascular and weight equipment
~Full Service Salon
~Library
~Computer Lab
~Arts and Crafts, Ceramics, Sewing Rooms
~Indoor lap pool and Outdoor Resort Pool
~Spa, Sauna and Steam Room
~Card Rooms
~Conference Rooms
~Grand Ballroom
~Lighted Tennis Courts
~Horseshoe Pits and Bocce Ball Courts
~Scenic Lakes, Ponds, and waterfalls
~Walking and Biking Trails
~Billiards and Cards
~Dog Park

The Village Community Center is the 39,000-square-foot hub for social and club activities. At its center is the 7,200-square-foot Sunrise Ballroom and stage facility and nearly 9,000 square-feet of arts and crafts space, conference rooms, library, business center, computer lab, billiards and card rooms.

The 15,900-square-foot Health & Fitness Center houses the indoor amenities and contains a Wellness Center, full service Salon, state-of-the-fitness gym, men’s and ladies’ locker rooms each with its own sauna and steam room, and a four-lane, 25 yard indoor heated lap pool with spa.  Outdoors are the dog park, tennis courts, bocce ball & horseshoe pits, and a heated Resort Style Pool.  

The Golf Clubhouse is a 13,500 square-foot facility with a full-service pro shop, indoor/outdoor dining and extensive practice facilities. At the Golf Clubhouse you will find the Siena Bistro Italian Restaurant which has an outdoor dining patio that overlooks Lake Siena, the 18th hole of the golf course, and the driving range.  Very breathing taking and elegant view to accompany your dining experience. 

At Siena there are 2019 homes that range from 1,166sf to  3,220sf and one third of the homes are on the golf course. 

Click on the Image of Lake Siena to see what homes are available at Siena today!

 Amenities are within close proximity–Banks, large grocery stores, Postnet, UPS, Coffee Houses,  restaurants, 7-11, Smoothie Houses, etc.  The Southern Hills Hospital and Medical Center are minutes away from Siena.  Easy access to the Las Vegas Strip and McCarran Airport from nearby the I-215 access.

My Siena Video–CLICK HERE

Please feel free to contact me and I shall be happy to answer any questions that you may have and also show you lovely homes at Siena.

Julia St. Marie, ABR, RRG, RSPS 
 702-355-H.o.m.e. [4663]
   
 http://www.LVRealEstateLady.com   http://www.LasVegasCondoHeaven.com

 Siena at Summerlin, Active Adult Community

Las Vegas-Ardiente-Active Adult Guard Gated Community in NLV

Ardiente - Las Vegas – Active Adult – Guard Gated

 

CLICK HERE TO WATCH MY VIDEO >>>> Las Vegas – Ardiente – Active Adult Guard Gated Community

Ardiente is located in the North of Las Vegas [89081 zip code] and in a 24-hour Guard-gated Active Adult community for 55+ with 788 single story homes.  This community was originally started and built by Centex Homes and in 2010 Shea Homes took over and will complete.

The Ardiente Community comes with a full-amenity 13,000sf clubhouse with outdoor pools [lap and resort pools], tennis, basketball, practice putting green, billiard & card rooms, fire side lounge, library, computer lab, bocce ball, and a state-of-the-art  fitness center.  You will also find six uniquely themed & landscaped parks and a dog park that are embodied within an extensive network of pedestrian trails and 30 fitness station throughout.

Ardiente
is just 20 minutes to the heart of Las Vegas and the strip.  Also the surrounding areas offers restaurants, coffee shops, Sams Club, Lowes, and shopping centers.  The Cannery Casino with restaurants, buffets, lounges, movie theatres, slots, and gaming is just minutes away and the nearby and new VA Hospital is scheduled to be completed in 2012.
 
There are a variety of home styles and floor plans to choose from 1,235sf to 2,444sf.  There are resales and new homes available today.  The Shea homes are Green Certified which means that these homes have eco-friendly and the highest energy efficient standards. 

CLICK ON THE ARDIENTE MONUMENT TO SEE HOMES THAT ARE AVAILABLE TODAY AT ARDIENTE


 

Below are some helpful links for Ardiente

VA Hospital next to Ardiente  To be completed 2012

Sunrise Vista Golf Course  For NAFB and Military Personnel and their guests
 Shadow Creek Golf Course  Public and Pricey Green Fees
 Craigs Ranch Golf Course  Public and Affordable Green Fees

The Cannery Casino

Please feel free to contact me and I shall be happy to answer any questions that you may have and also show you lovely homes at Ardiente

 

Julia St. Marie, ABR, RRG, RSPS

702-355-H.o.m.e. [4663]

 

 http://www.LVRealEstateLady.com

 http://www.LasVegasCondoHeaven.com

 Ardiente, North Las Vegas, NV-Active Adult Community

Sun City Summerlin-Las Vegas–Active Adult Communtiy–Live Life To The Fullest!

Sun City Summerlin

~Age Restricted whereas one resident must be 55 and older to reside

~Sun City Summerlin has 2,400 acres and 7,778 Homes

~Home sizes range from 2 bedroom 1100 sq. ft. to 3 bedrooms at over 3,000 sq. ft.

~Completed in 1998 by developer/builder Del Web

~The Amenities include a total of five pools total (two indoor), three golf  courses, hobby rooms, tennis courts, a racquetball court,  three restaurants, four community centers, and miniature golf, horse shoes, table games, billiards, and more!

~More than 150 miles of trails and 100 neighborhood parks

~New Fire and Emergency Medical Facility is currently being built in Sun City Summerlin.  This facility will be equipped and ready to rescue an emergency to a Sun City Resident within 5 minutes

~Roaming security

~Top notch Restaurants, complete amenities, great shopping and near-by casinos

CLICK BELOW ON THE SUN CITY GOLFCOURSE TO SEE WHAT IS AVAILABLE TO OWN 

CLICK ON SUN CITY SUMMERLIN MONUMENT TO WATCH MY VIDEO

 

Sun City Summerlin Community Clubhouses and Amenities

When you live in Sun City Summerlin you enjoy more than your beautiful home….

1. Mountain Shadows Clubhouse has an outdoor lap pool, indoor spa, exercise room, racquetball court, tennis courts, ping pong tables miniature golf course, shuffleboard, and an outdoor walking track.

2. Sun Shadows Clubhouse has an Olympic size indoor pool and spa with card rooms, an aerobics studio, and bocce ball courts.

3. Desert Vista Clubhouse  has a grand ballroom with a dance floor and stage. It also has an outdoor pool and spa, fitness center, aerobics room, bocce ball, pickleball and tennis courts.

4. Pinnacle Clubhouse has the Starbright Theatre featuring staged performances, as well as movies and guest speakers.

Sun City Summerlin Three Golf Courses
If you like golf, you are set…..Sun City Summerlin has three outstanding award winning courses.  Reduced fees for Sun City Summerlin residents.
1. Palm Valley

2. Eagle-Crest Executive Course

3. Highland Falls

Each golf course offers 18-holes, magnificent panoramic views, and restaurants.

Sun City Summerlin is truly a lovely place to live life happily to its fullest!

I look forward to meeting you and showing you homes at Sun City Summerlin! :)


Julia St. Marie, ABR, RRG, RSPS 
702-355-H.O.M.E. [4663]
Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Aka:  LVRealEstateLady

http://LVRealEstateLady.com

 

See the Las Vegas Market Report for May 2013

Las Vegas Market Report for May 2013

Ticor-REAL ESTATE MARKET REPORT-Las Vegas-May 2013 snipp

CLICK HERE to see SNAP SHOT of CURRENT LAS VEGAS MARKET

CLICK HERE to read some more GOOD NEWS LAS VEGAS!

Have any Las Vegas needs/questions??  I look forward to hearing from you soon!!!

Julia St. Marie, RRG, Rsps, Abr, Certified REO Specialist

702-355-H-O-M-E (4663) direct

CLICK HERE TO VIEW HUNDREDS OF HIGHRISE CONDOS

Las Vegas — Good News

Would you say that the threat of a double dip recession has faded in Las Vegas?

Locals think that it is good news that over 800 jobs are now available at the new Downtown Grand Casino and Hotel.
Locals also embrace all the new attractions such as the Quad and the Linq Ferris Wheel [dubbed Las Vegas High Roller] on the Las Vegas Strip.  Even more jobs.
Locals also appreciate all the fine restaurants, over-the-top shopping, the Performing Arts,  and also low housing pricing [One-half of CA, HI, NY].   Current owners are very much appreciating the Las Vegas housing appreciation too.    Not to mention no state income tax and virtually no natural disasters that plague other locations.

Local Retirees just love the Vibrant Age Restricted Communities too.

CLICK HERE to read some more GOOD NEWS LAS VEGAS!

Have any Las Vegas needs/questions??  I look forward to hearing from you soon!!!

Julia St. Marie, RRG, Rsps, Abr, Certified REO Specialist

702-355-H-O-M-E (4663) direct

CLICK HERE TO VIEW HUNDREDS OF HIGHRISE CONDOS

SEE Billionair’s Row HOME in the LAS VEGAS COUNTRY CLUB!

CLICK HERE TO VIEW One Story HOME in Billionair’s Row in the LAS VEGAS COUNTRY CLUB

Hard to find 1 story custom in the sought after Las Vegas Country Club!  Billionaire’s row! Great location on the fairway!  Incredible views! Remodeled!  Grand foyer entrance! Marble flooring!  Designer interior paints! Separate family room w/fireplace and wetbar!  Chefs kitchen w/custom
cabinets and granite counters! New built-in Jenn Air Stainless steel appliances!  Grand master suite w/patio access!  Pebbletec pool/spa for entertaining!

Julia St. Marie, RRG, ABR, RSPS, Certified REO Specialist

702-355-H-O-M-E (4663) direct

LAS VEGAS COUNTRY CLUB – Just two blocks from the Las Vegas Strip – Guard Gated and Golf Course Community

Courtesy Listing of Maxim Properties

LAS VEGAS-April Market Report 2013

LAS VEGAS-April Market Report 2013

There were a total of 3,629 Single Family, Condos, and Townhouses closed in the month of April 2013.

Resale 2,061 – 56.8%
Short Sales 1202 – 33.1%
REO 388 – 10.1%

2,142 Cash purchases
875 Conventional Financing
440 FHA Financing
120 VA Financing

Ticor-REAL ESTATE MARKET REPORT-Las Vegas-April 2013 snipp

Julia St. Marie, RRG, ABR, RSPS, Certified REO Specialist

702-355-H-O-M-E (4663) direct

CLICK HERE FOR A SNAP SHOT OF CURRENT LAS VEGAS REAL ESTATE MARKET

CLICK HERE TO VIEW HUNDRERS OF HIGHRISE CONDOS

LAS VEGAS, Henderson, North Las Vegas ZIPCODE APPRECIATION MAP 2011 v 2012

LAS VEGAS, Henderson, North Las Vegas

ZIPCODE APPRECIATION MAP 2011 v 2012 Appreciation Map Las Vegas-Zip Code 2011 vs 2012

Most ZIP codes in Las Vegas Valley see growth in home values

8302238-3-150007.jpg

DAVID STROUD/LAS VEGAS REVIEW-JOURNAL
Analysts say the Las Vegas housing market has entered the early stages of a recovery cycle.

After spending years deep in the red, Las Vegas home price appreciation rates returned to the black in 2012 in all but three of the valley’s 58 ZIP codes, SalesTraq housing research firm reported.

The largest gain was in ZIP code 89030, an area of North Las Vegas around Interstate 15 and Cheyenne Avenue, where median home prices increased 21.1 percent last year, to $45,000.

Ironically, 89030 was also one of the hardest-hit ZIP codes for foreclosures, not just in the Las Vegas Valley, but in the nation. That same turnabout is reflected in many of the ZIP codes that posted double-digit appreciation in 2012.

“In terms of rate of price appreciation, select areas that were hardest-hit have seen some pickup in the last year as prices over-corrected in those areas,” SalesTraq housing analyst Brian Gordon said. “They experienced greater-than-average depreciation and they now have some of the greatest demand and lowest availability, which have helped to drive prices north.”

The negative numbers came in outlying areas such as 89085, the northern-most ZIP code in the Aliante master-planned community of North Las Vegas. Prices dropped 3.5 percent there, from $168,000 in 2011 to $162,100 last year.

Buyers are less willing to pay higher prices for homes that are farthest away from their place of employment, shopping centers, parks and schools, Gordon said. Areas closer to the Beltway in Aliante, such as 89084 and 89086, showed 3.5 percent and 2.9 percent appreciation, respectively.

Home values in Boulder City (89005), which was not included in previous ZIP code reports, depreciated 8.5 percent to $151,000 in 2012.

“If you look at the Las Vegas Valley, you’d see that nearly every ZIP code showed positive appreciation,” Gordon said. “The areas that experienced the most significant growth are ZIP codes in and around master-planned communities like Summerlin and Anthem.”

ZIP code 89052, which includes Anthem, posted the second-highest appreciation rate at 20.8 percent, with a median price of $232,000. That’s up $40,000 from 2011.

Second to 89052 in absolute price gain was ZIP code 89135, in the southwest valley, where the median home price rose by $37,725, or 18.3 percent, to $243,725.

Some areas are sought out more than others because of accessibility and abundance of amenities in quality neighborhoods, Gordon said. Aliante was one of the hardest-hit neighborhoods during the downturn and was a little behind in terms of development. Most of those homes were sold at the peak of the market, and recovery in values is lagging other portions of the valley, he said.

Prices are calculated as a median over all 12 months of the year, Gordon noted. Appreciation rates reflect median prices of homes sold during the respective period, and may not reflect actual appreciation for a single property as the mix of properties sold can affect median price.

“It’s how you look at the data,” the analyst said.

SalesTraq reported a median price of $130,000 for existing homes sold in Las Vegas in December, up nearly 24 percent from the same month in 2011. However, the median price taken for the entire year was up by a more modest 10.7 percent.

Mark Boud, principal of Irvine, Calif.-based Real Estate Economics, said Las Vegas has definitely seen a positive year, though he’s keeping a watch on some “very severe” signs of caution.

“The average home price has gone up about 25 percent. It’s not appreciation. It’s more a reflection of the drastic drop in distressed inventory,” Boud said. “That’s been cut in half.”

Foreclosures, which once accounted for nearly half of all home sales in Las Vegas, are now about 15 percent of the market. The number of foreclosures remains negligible relative to past levels with 253 units returning to the bank in January, according to SalesTraq. Bank repossessions for the last 12 months are down 60 percent to slightly more than 5,000.

While foreclosure activity has come to a near-standstill, Las Vegas ranks among the highest in the nation with 10.5 percent mortgage delinquency, according to the Mortgage Bankers Association.

Boud is forecasting a 5.7 percent annual increase in Las Vegas home prices over the next five years, which is healthy and reflects the undervalued market and continued burn off of distressed inventory.

Bryan Lebo of ReMax Benchmark Realty sees prices rising another 10 percent in 2013. With a limited inventory of existing homes for sale, properties are drawing multiple offers for well above list price, often from cash investors, he said.

“With the offers I’m seeing out there, I don’t see how it (median price) won’t rise 10 percent or more,” Lebo said.

Even if the Legislature amends Assembly Bill 284, Nevada’s robo-signing law that throttled the foreclosure process, inventory won’t improve this year, he said.

One thing to keep in mind is that while prices bounced back in 2012, they’re still far below their peak, said Monte Kane, an accountant for condo and homeowners associations in Las Vegas. When a $200,000 home drops in value to $100,000, that’s a 50 percent decline. When it goes back up to $200,000, that’s a 100 percent increase.

Some 197,000 Las Vegas homeowners remain underwater on their homes, owing more than current market value, according to a fourth-quarter report from Zillow.com.

“So it looks much more favorable on the upside than the downside,” Kane said.

He handles accounts for Lake Las Vegas and Red Rock Country Club and said they’re going through a transition in financial conditions compared to four or five years ago.

“You look at those appraisals … they’ve been way too low because they’re looking at the lowest of sales,” he said. “Once we see a nice improvement in values, the appraisers are looking at those now, so that’s also favorable.”

Some ZIP codes will continue to show price appreciation, but not at the same level as 2012, said Mark Stark, broker and owner of Prudential Americana Group in Las Vegas. It depends on their location, amenities, product type and current price range.

Stark said his company got “obliterated” during the housing downturn, with his average sales price dropping from $477,000 to $125,000.

By any measure, Las Vegas has entered the early stages of a recovery cycle, Gordon said. He’s seen fairly consistent price increases over the past two years and home sales remain elevated at 3,000 to 4,000 a month.

“There continues to be demand for housing,” he said. “Some of that activity is investor-driven, which is artificially increasing our economy. At the end of the day, we need end-users to stabilize the market.”

Contact reporter Hubble Smith at hsmith@reviewjournal.com or 702-383-0491.

Julia St. Marie, RRG, ABR, RSPS — Certified REO Specialist
Attentive, Knowledgeable, Honest and Caring
Las Vegas Realtor Realty ONE Group

702-355-H-O-M-E (4663) direct

Las Vegas Highrise Condominimums Las Vegas Strip
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