Coldwell Banker Premier Realty

Case-Shiller for Las Vegas...Up.

An increase!
Posted by John McClelland on January 26, 2010 in No Category
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
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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

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Three Questions To Ask When Choosing a Realtor to Sell Your Home

How to pick the right agent the first time
Posted by John McNamara on January 22, 2010 in No Category
  Three Very Important Questions To Ask When Choosing the Right Realtor to Sell Your Home: 1) How many homes did you and/or your company sell last year? 2) How many days did it take you to sell the average home? How did that compare to the overall market? 3) Of the initial asking prices of the homes that you sold, what were the final sale prices, and what is the average percentage of asking vs. sale price? If you're in the process of picking the ri... read more
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Standing room only at Providence Builder Expo

New Home Expo
Posted by Randi Kolesar on January 21, 2010 in  New Homes
I am very pleased to report the Providence Builder Expo was a great success. It was standing room only with over 80% atendance at our meeting, plus several guests from other real estate companies curious to see what we’re up to out here in Centennial Hills. All the Providence Builders were present and had timely information to share with our group. Also in attendance were representatives from Focus Property Group (The Master Developer of Providence) as well as the President of the Providence Master HOA who sh... read more
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Investors, the flip rule and FHA buyers

Posted by John McClelland on January 20, 2010 in No Category
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
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