Stay tuned to hear June's numbers for Harvey Blankfeld's Monthly Market Update here in Las Vegas, Nevada. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Continue Reading
Las Vegas Short Sales
Homeowners Bill of Rights
I had the opportunity to hear Robert Noggle, Esq. speak yesterday about the new HOBR legislation. He helped clear up a misconception that was pervasive and being mistakenly sold to the public at large. This misconception is that the banks can't ask for an "Arms Length" affidavit in a short sale. The banks can and likely will continue to require this document. That means that the borrower can't Continue Reading
Where are the homes?
WHERE ARE THE HOMES? The inventory of available homes here in Southern Nevada has been hovering around 4,000 for many months now. Buyers are wondering where all the homes are so they can buy again. The theory is that the "banks" are sitting on a lot of homes and they are going to release them soon. My colleagues and I don't believe the banks will release a lot of Vegas houses here. We don't Continue Reading
Make your home for sale available to everyone
MAKE YOUR HOME FOR SALE AVAILABLE TO EVERYONE As a busy agent here in Las Vegas, I have seen a disturbing trend. Homes are being sold before they get to MLS and often by a buyer being represented by the listing agent. I have represented both parties in a transaction before and I will again in the future, but I will only do it with full disclosure to all parties and only when it's mutually Continue Reading
Another Satisfied Customer: Excellent Review from Mr. White
We received a testimonial today from one of our clients today that was nice enough to pass along their kind words to our broker. We love hearing from our clients and knowing we have provided excellent service: March 14, 2013 Mark Stark 2140 E. Pebble Rd #160 Las Vegas, NV 89123 Dear Mr. Stark: I wanted to write to you commending two of your outstanding employees at BROWN BLANKFELD Continue Reading
How long can I stay in my home?
HOW LONG CAN I STAY IN MY HOME? I'm often asked this question when listing a client's home as a short sale. With all of the changes taking place in the short sale market, it's difficult to have a set answer. The answer these days is less time than it was even a a few months ago. The bank that holds the mortgage wants the seller to stay in the home right up until close of escrow. Once we list a Continue Reading
What Should I Do With A Low Offer On My Short Sale Listing?
WHAT SHOULD I DO WITH A LOW OFFER ON MY SHORT SALE LISTING? Short sales are unique in a lot of ways. One way they aren't unique here in Las Vegas is that the bank holding the lien will want fair market value for the home. The lien holder will recognize that they need to offer some discount for the inconvenience, but that discount is usually in the form of buyer closing costs or a couple of Continue Reading
CLIENT TESTIMONIAL Today we received a beautiful Edible Arrangement from a client we have been working with and while we all enjoyed the delicious fruit, what we treasure most is knowing that we have exceeded our client's expectations and provided excellent service. Continue Reading
February Market Conditions
FEBRUARY MARKET CONDITIONS Available inventory remains stable in the market. Prices remain stable for listings under $200,000. Listings above that are still experiencing some small drops. Short sales dominate our market but traditional sellers are making up a bigger portion of our current inventory than we've seen in recent years. We've seen some small improvement in appraisals where the Continue Reading
A Testimonial From A Lender We Are Working With
Check out this awesome testimonial we've received from a lender we're working with. "I sure will, thank you! By the way, your group is one of the most efficient real estate groups, I have had the privilege of closing a transaction in the past three years. Extraordinary job!! You and your group/team, certainly stand WAY ABOVE your competition!!! OUTSTANDING JOB!!!! Thank you for accepting the Continue Reading