Coldwell Banker Premier Realty

November Residential Market Report

A look into October's Data
Posted by John McClelland on November 30, 2015 in  uncategorized
 y The crisp weather has arrived in Las Vegas and with it came more news of stability in our real estate market. Enjoy the November Real Estate Report and the Monthly Minute Market Update video below. As we all prepare to close out 2015, it’s a great time for a real estate check-up – whether you’re relocating, considering selling, buying or just want to know what your home is worth after a year’s worth of a... read more
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Notices of Default

May Update
Posted by John McClelland on July 12, 2013 in  uncategorized
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

Notes on SFR REITs

Posted by John McClelland on October 06, 2013 in  uncategorized
Just finished reading a transcript of a Silver Bay discussion at the JPM Securities Financial Services and Real Estate Conference. Here is one interesting quote    "But again, the institutional ownership that you read about in the papers is still very small, perhaps a 100,000, maybe 150,000 homes have been purchased over the past three, four years, and that's just tiny in comparison to the overall markets. So, we see a great deal of growth opportunity and consolidation going forward."    Th... read more

Norway’s Real Estate Agents Join Calls for Higher Rates

Trying to prevent a property bubble from bursting
Posted by John McClelland on September 04, 2012 in  uncategorized
This is an interesting article from Bloomberg. Home prices have been on a tear in Norway and many do not want to see a replication of other bubble markets like Japan, U.S, Ireland and Spain.   http://www.businessweek.com/news/2012-09-03/norway-s-real-estate-agents-join-calls-for-higher-rates   However, the caveat is how one can produce a "soft landing." Most of the time bubble are not deflated little by little, but with a crash.... read more

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