Las Vegas Realtor Steve Harless - RE/MAX EXTREME 702.217.1680: The Las Market is going in Leaps and bounds

The Las Market is going in Leaps and bounds

I've been too busy to even post a blog lately since the fed rate cut!

I have seen multiple offers over the list price in some cases and have seen Bank REO properties getting up to 20 offers on a single property!

 This is good news for all real estate industry people!  good luck to all and I wish you all well!

9 comments • Steve Harless "Your Las Vegas Real Estate Connection" • February 12 2008 11:46PM

Comments

Sounds like a really good thing. Keep is going.
Posted by Bob & Carolin Benjamin - E Phoenix Arizona Real Estate (Benjamin Realty LLC) about 1 year ago
thanks bob
Posted by Steve Harless "Your Las Vegas Real Estate Connection" (RE/MAX EXTREME - 702.217.1680) about 1 year ago
Steve, sounds great!!  I hope that it keeps up!
Posted by Tony & Darcy Cannon - The C Team (ERA Realty Center) about 1 year ago

You consider these lowball buyers a plus?  Lowball offers in established neighborhoods by investors will drag down the prices of homes.  Short term it is a plus, long termit is a loser.  If your neighbors home sells for 200K less than yours, how does that help your homes value?  Most appraisers are only using same subdivision sales and last 3 months.  I would be more inclined to believe that markets driven by owner occupied owners will do more to bring us back to some better times.

Posted by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta) about 1 year ago
Ditto on the market out here!!  It is incredible!! 
Posted by Susan Manning (Realty Executives) about 1 year ago
It's crazy Steve.  I have had many buyers jump from the resale market to the new construction market just because it's easier!!  Did you see how pendings have climbed recently?
Posted by Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR (Encore Realty Group -Realtor>Estate>Probate>REO>Short Sale) about 1 year ago
Its good to see the market rebounding Rene!
Posted by Steve Harless "Your Las Vegas Real Estate Connection" (RE/MAX EXTREME - 702.217.1680) about 1 year ago
Steve, It is great to see the market rebounding!  It is a great time for buyers!
Posted by Roberta LaRocca REALTOR® Las Vegas Broker Salesperson Property Management (Encore Realty Group - EncoreRealtyGp.com) about 1 year ago

Steve:

Great news! Keep us posted, I am still vested in Vegas and want it to succeed. Good luck in all you do.

Posted by Alan Kirkpatrick Austin Texas Real Estate (Austin Texas Homes) about 1 year ago

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