Coldwell Banker Premier Realty

Case-Shiller for Las Vegas...Up.

An increase!
Posted by John McClelland on January 26, 2010 in  uncategorized
Today the Standard & Poors Case-Shiller home price indices were released. There are always a lot of articles that come out after this release. Many are focused on year-over-year changes and few consult the seasonally adjusted figures. Further, many people don't know that Standand & Poors also calculates tiered price indices. These are homes grouped by price tiers, that way we can make even better comparisons. Like granny smith apples to granny smith apples versus comparing granny smith to Blenheim (yeah I h... read more

For the latest happenings in the Las Vegas real estate market. January is off to a good start...Q1 is going to be busy and investor interest is swelling. cbprds.com/newsletterfiles/news1.html

Investors, the flip rule and FHA buyers

Posted by John McClelland on January 20, 2010 in  uncategorized
House flipping was made popular by some cable tv shows during the boom and its occurring very often today too.  But many buyers are also aware of the flip rule for FHA, where the resale of homes to FHA buyers could not occur until after 90 days. The rule was initially meant to prevent fraud, similar to what Tony Soprano did in the third season of the Sopranos. However, the rule made many of the “flipped” homes nearly unobtainable for a lot of buyers. A rule reversal is scheduled for February 1st. T... read more

Lake Las Vegas Open House This Sunday!

Home Priced $250K Less than the Cost to Rebuild
Posted by Randi Kolesar on January 28, 2010 in  uncategorized
Custom Lake Las Vegas home with outstanding features just reduced to $1,199,000.00! Please join CBPR Agents Carmine & Lorraine Ferrara this Sunday, Jan. 31st from 12pm - 4pm at 3 Grand Anacapri, Henderson NV 89011.  Light refreshments will be served.  ... read more

Largest Home Sale in Over One Year

CBPR Agent Carolyn Mullany Handles Transaction
Posted by Randi Kolesar on January 27, 2010 in  uncategorized
Congrats to Coldwell Banker Premier Realty agent Carolyn Mullany on selling the former Las Vegas Home of Michael Jackson.  Representing the seller, Carolyn received an offer on Friday, Jan. 22nd and closed escrow on Wednesday, Jan.27th.  Read more about Jackson's Vegas Home Sale. Check out photos of the amazing estate below! ... read more

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