Coldwell Banker Premier Realty

Economic Indicators

Non-traditional indicators
Posted by John McClelland on April 08, 2010 in No Category
This post dovetails off of a Wall Street Journal article printed today called "New Ways to Read Economy." I've seen the diesel fuel sales and the counting of train passengers but I think one of the neatest indicators (or at least a gauge of interest) is Google Trends, which shows trends in visitor traffic by search term. Here are some examples. You can see that the housing tax credit is still on an upward trend, though spikes occur around news releases. The search for Las Vegas hotels has ... read more
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Coldwell Banker Blog

The Coldwell Banker Blue Matter Blog
Posted by Randi Kolesar on April 06, 2010 in No Category


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Residential Investors

Tenants, cap rates and flippers
Posted by John McClelland on April 05, 2010 in No Category
Of all the fancy indicators demonstrating a bubble in home prices, nothing was as telling as shows like "Flip This House" or "Flip That House.” During the time this programming was first presented, I was a consultant thinking that this programming was the equivalent of an "end is near" sign for residential prices. When you have a cab driver or your hairstylist (I’ve never actually had a hairstylist but you may) or the kid across the street that mows your lawn tells you to buy an... read more
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Pricing Update

Hanging in there
Posted by John McClelland on March 31, 2010 in No Category
Yesterday the S&P/Case-Shiller numbers where released. In the seasonally adjusted tiered indices, each index registered a month-to-month increase with the exception of the middle tier which consists of homes priced between $126,631 and $196,595. This was mildly surprising given that we get a lot of requests for homes in these ranges but do not have a large amount of for-sale inventory. We have more listing inventory in the high range. The breakdown for the listing inventory (offered for sale and not und... read more
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Bank of America Cuts Principal for Some Customers

Repost from Black & Lobello
Posted by Randi Kolesar on March 26, 2010 in No Category
Coldwell Banker Premier Realty has partnered with one of the most dynamic, aggressive law firms in Las Vegas to assure our clients are protected during the Short Sale process. Yesterday, it was announced that Bank of America will cut loan principal for some customers. Below is a blog entry written by Black & Lobello's own Tisha Black-Chernine, Esq. Reposted with permission. Bank of America Will Cut Loan Principal for Some Customers On March 25, 2010, in Mortgage, Real Estate, by blacklobellolaw... read more
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