LAS VEGAS REAL ESTATE MARKET UPDATE APRIL 2012 Have you ever heard the saying "If you don't like the weather, wait a minute." Well, that applies to our real estate market too. The most recent development surrounds our current inventory. As of this moment we have 5,474 single family homes available in our entire multiple list. We have 13,113 single family homes in escrow. We have closed 3,195 Continue Reading
selling homes - Page 6
Will The New Legislation Put A Freeze on Foreclosures?
WILL THE NEW LEGISLATION PUT A FREEZE ON FORECLOSURES? We have all heard the doom and gloom being espoused about AB284. The legislation in general terms increases the responsibilities of the foreclosing entities. It asks them to provide a sworn affidavit and other elements with the intention of preventing incorrect and illegal foreclosures. The banks pushed back hard against this bill, but to 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
What About This Market?
WHAT ABOUT THIS MARKET? I truly enjoy my work. I enjoy getting my sellers the highest possible check at close of escrow and I enjoy finding my buyers a great home and getting them a great deal. I also enjoy talking about my work. Whenever anyone finds out that I'm a Realtor, they invariably have questions for me. They usually are curious about the real estate market in general and will ask Continue Reading
Convergence
CONVERGENCE As you may remember from previous Newsletters, I enjoy the outdoors and walk daily. I trek down the same trail each day never getting bored with the scenery and apparent safety of the route. The routine adds a sense of security and solitude, creating a mental atmosphere that is conducive to my wandering thoughts that seem more significant and worldly wise than they really are. Today I Continue Reading
Blankfeld Named to Wall Street Journal’s “The Thousand”
Dear Blankfeld Group, On behalf of Prudential Real Estate and Relocation Services, I want to congratulate you on being named to "The Thousand," the Wall Street Journal/REAL Trends report of America’s top real estate agents and teams. Reaching this exclusive list is an incredible honor and reflects your passion, skill, discipline and creativity. As impressive, you are recognized for achievements Continue Reading
Blankfeld Group ranks 3rd in Nevada in Prudential Network for 2nd Quarter 2011
BROWN BLANKFELD GROUP RANKS 3RD IN NEVADA PRUDENTIAL NETWORK Today we received an email from our corporate office letting us know that the Blankfeld Group ranked #3 in the entire state of Nevada for GCI. We couldn't do it without the hard work and dedication of all the partners and staff and the referrals we receive from our clients. THANKS SO MUCH FOR ALL YOUR SUPPORT! Additionally, our Continue Reading
Single Step
SINGLE STEP What an effort it was today to complete my four-mile walk. I don’t just walk, but I keep the pace that would excite a drill sergeant in boot camp. However, what made today different was that I started on my excursion later in the day, the heat was already climbing, and I had not been feeling too well for the past two days. Not a good combination to successfully achieve your exercise Continue Reading
The Season Begins
THE SEASON BEGINS April is a month of change for many reasons. Most obvious is the annual weather adjustment from the bitterness of the cold and absence of color to the gentle nighttime temperatures, which bring the overnight explosion of the flowering fruit trees. For those of us that are homeowners, it is now that we prepare our checklists for those minor repairs that have been put on hold Continue Reading
Full Circle
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 appreciation with reasonable value to entice the newcomer. Just a few years forward in time the frenzy had started with values soaring Continue Reading
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