Coldwell Banker Premier Realty

  
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Notices of Default

May Update
Posted: July 12, 2013 at 2:39 PM by John McClelland

While we have seen some increasing inventory, it doesn't appear as though a significant amount will come from the bank owned side anytime soon. We are simply not front loading that pipeline. See the foreclosureradar figures for NOD below. Foreclosure Filings: Nevada > Clark County read more

Blue Zone 2013 Mid-Year Review

Legislative update, market trends and street level knowledge
Posted: July 12, 2013 at 2:26 PM by John McClelland

Las Vegas Residential Investment

REIT, Private Equity and Small Investors
Posted: July 08, 2013 at 10:43 AM by John McClelland

We are now in the third quarter and therefore within a reporting cycle that summarizes recent trends. One such report is our Las Vegas Residential Investor IQ report, for the summer season, which examines the single family rental market.This report features: Vacancy and time on market trends Rental rates Capitalization rates Factors that influence investments such as lender owned inventory, default activity, age of inventory and seasonal patterns. Real estate investment terms an read more

The Shadow Inventory Debate Continues

Can homes come out of the shadows enough to hurt prices?
Posted: March 12, 2013 at 9:45 AM by John McClelland

Recently there has been a lot of talk regarding shadow inventory, negative equity and Nevada Assembly Bill 284. AB 284 requires an affadavit of authority which states that the signatory has personal knowledge of the documents required for a proper foreclosure. This has lead to a sharp drop in notices of default, the first step in the foreclosure process. However, I don’t think that AB284 should get all of the blame. Certainly it has had a major impact but we shouldn’t look at it in isolation. Lack of invent read more

Boomerang Buyers

CNN explores families that have returned to the market after a foreclosure
Posted: March 12, 2013 at 9:28 AM by John McClelland

Buyers that lost their homes to foreclosure just several years ago, have nursed their credit back and are back in the market for a new home, however they often enter at half of the prior mortgage payment.

http://money.cnn.com/2013/03/11/real_estate/foreclosure-homes/

 

 

 

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