Las Vegas Realtor Steve Harless - RE/MAX EXTREME 702.217.1680: September 2008

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It is important to have a buyer's representative help you in your new home search. Steve Harless can represent your best interests while negotiating on your behalf. To get started, an in house lender is available to you so that you can obtain the lowest financing possible. 

The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.

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U.S. Seizes Mortgage Giants

question is: when does the Government Bailouts stop?

Wish I had a chance at a government bailout for my business..... What are your thoughts?

Applied Analysis says the number of existing homes on the market was 22,096 at the end of August.

That's 6,672 or 23 percent less when compared with August 2007. There were 7,339 homes under contract at the end of the month, the highest level in more than a year. However, 4,297 are contingent, which in many cases are short sales waiting for bank approval. Also, 3,042 sales are awaiting closure.

Has the market hit bottom in Las Vegas? Not by far, some local realtors say. However as a consumer you may want to avoid trying to time the market and take advantage of deals on homes that are bank owned by as much as up to 50% off of the market highs in The 05-07 levels.

Call 702-217-1680 to discuss your investment opportunities In Las Vegas.

A report on housing prices by Global Insight says that although prices for single-family homes are still heading downwards across the country, the rate of decline has gone down and "extreme overvaluation of house prices is essentially non-existent."

This is good news...the consumer needs to know that now is the time to start buying. Between a wild stock market, and the presidential election things are going to be ok.

As In earlier blogs I have written, I predicted the oil bubble bursting would happen eventually and could have a great affect on home sales and the economy. I credit this to a possible return to the norm.

oil companies: Oil prices pause after steepest plunge since 1991 - 07/16/08 08:27 AM Positive news for a change: THE OIL BUBBLE IS BURSTING! YEAH!!! maybe the country will get back to normal someday.... Its too bad there is so much greed from the oil companies. Salt water as fuel has already been discovered! It would be the way of the century if there was'nt so much OIL

U.S. Mortgage Foreclosures, Delinquencies Reach Highs

This report is really happening in the US today. yea yea yea....I know what you are thinking, I've heard all this song and dance before you may say but I am still excited because people are buying and looking for deals like never before. Opportunities are still out there. It is all how you want to look at it. It's up to me to deliver what these people are looking for or they are on their way to another realtor.

People all want value these days in real estate...they want the best price, and area they can get for their money. I have a question for my subscribers: Are you giving people what they really want or what you THINK they want?

Call Steve Harless today if you are interested in buying distressed or foreclosure properties today - 702-217-1680.  He WILL Listen to your needs.

I remember the gas rationing in the late 70's...it was horrible then, as the prices are now... but I also remember good times after that....Let's hope history repeats itself. Takeovers are starting to happen again...this one is real interesting Lehman Brothers faces Korean takeover bid

The price of Oil is falling...election is coming up...I sense a change for the housing market in the USA! Remember the seventy's? same optimistic feeling is coming back...play this music below...it will put you in the SAME positive mode I am in....hehe have a great day active rainers