FULL CIRCLE It was only 16 years ago that I relocated to the Las Vegas area. I feel like a native resident that has experienced a lifetime of changes to their once quaint town. The fluctuations in the real estate market have gone full circle. In 1995 we saw nominal Continue Reading
IF I CHOOSE BANKRUPTCY, DOES THAT MEAN I SHOULDN'T CONSIDER A SHORT SALE? While I believe this a question for someone's attorney, I believe that the answer is very often going to be yes. I have lately been listing homes for clients that have come out of bankruptcy and Continue Reading
OCTOBER MARKET CONDITIONS Inventory is increasing due to a growing number of REO's (Foreclosures) in our market. Activity has fallen off since the tax credit has expired. Las Vegas home prices are holding steady but we believe that prices may fall over the next several Continue Reading
OLD FASHIONED REAL ESTATE SALES I am between visitors at an open house. I am reminded that Real Estate is still a service industry. As Realtors we must remember that just because it's a short sale or an REO doesn't mean we should give any less service. I attended a Town Continue Reading
HAFA "GUIDELINES" Please remember that HAFA is a comprensive set of "Guidelines". It is not law. The guidelines are not intended to be a one size fits all either. Each servicer (bank, lender) is currently employing their own version of HAFA. Some have not implemented Continue Reading
SEPTEMBER MARKET CONDITIONS Here are September's market conditions for our Las Vegas market. Inventory is increasing slightly. Prices remain stable. Short sales continue to dominate the market. We expect inventory to continue to grow as demand has decreased somewhat. Stay Continue Reading
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Blankfeld Group
1490 Center Crossing Road
Las Vegas, NV 89144
