Why Buy A Las Vegas Home-Las Vegas Home Buying Info_Update

In today's video I will be discussing why buying a Las Vegas home is the right thing to do in this market. With all of the confusion around buying a Las Vegas home it's very difficult to know who to listen to and what to believe before making the decision to buy a Las Vegas Home. I'll cover some key points anyone who wants to buy a Las Vegas Home should know and also get into the latest changes that can affect anyone who is considering buying a Las Vegas home. Whether you're looking to buy a Las Vegas home for the first time, moving up to buy a bigger Las Vegas home or thinking about buying a Las Vegas home as a second home or vacation home today's video will help you better understand why buying a Las Vegas home is something you should definitely do now rather than later. Watch this video to get the inside scoop on buying a Las Vegas home and don't forget to subscribe to our youtube channel before leaving today so you can stay up to date with all the latest news and information about the Las Vegas Real Estate market

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas Real Estate Market Update

 

There were a total of 2,400 Single Family, Condo and townhomes closed in the month February.

(Total number of transactions are down by 68 closed transactions from Jan 2014 to Feb 2014)

Resale: 74.5% or 1,787  (Resale is UP from 72.4% in Jan 2014)

Short Sales: 14.2% or 340  (Short Sales are DOWN from 16.9% or 418 in Jan 2014)

REO: 11.4% or 273  (REO is UP from 10.7% or 263 in Jan 2014)

1,119 Cash Purchases  (This is DOWN by 26 from 1,145 in January 2014)

684 Conventional Financing  (This is DOWN by 26 from 707 in Jan 2014)

406 FHA Financing  (This is DOWN by 20 from 426 in Jan 2014)

141 VA Financing  (This is UP by 2 in Jan 2014)

 

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas Real Estate Market Report: 03/12/14

Las Vegas Real Estate Market Report: 03/12/14

This is the latest Las Vegas Real Estate Market Report for the week,

data is obtained from the Greater Las Vegas Association of Realtors MLS.Single Family Residence (SFR)                                   

Available – 6,487 (+7, Last Week 6,480)

Under Contract – 7,111 (+147, Last Week 6,964)

Days of Supply – 28 (+0, Last Week 28)

Short Sales – 4,951 (-27, Last Week 4,978)

                                     

Condominiums and Town Homes (CONDO/TH)                               

Available – 1,835 (+30, Last Week 1,805)

Under Contract – 1,242 (+36, Last Week 1,206)

Days of Supply – 45 (+0, Last Week 45)

Short Sales – 986 (+2, Last Week 984)

                                    

Combined SFR + CONDO/TH                                

Available – 8,322 (+37, Last Week 8,285)

Under Contract – 8,353 (+183, Last Week 8,170)

Days of Supply – 30 (-1, Last Week 31)

Short Sales – 5,937 (-25, Last Week 5,962)

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas Real Estate Market Report: 12/04/13

Las Vegas Real Estate Market Report: 12/04/13

This is the latest Las Vegas Real Estate Market Report for the week,

data is obtained from the Greater Las Vegas Association of Realtors MLS.Single Family Residence (SFR)                                   

Available – 6,963 (-114, Last Week 7,077)

Under Contract – 7,136 (-112, Last Week 7,248)

Days of Supply – 30 (+0, Last Week 30)

Short Sales – 5,679 (-67, Last Week 5,746)

                                     

Condominiums and Town Homes (CONDO/TH)                               

Available – 1,779 (-63, Last Week 1,842)

Under Contract – 1,321 (-12, Last Week 1,333)

Days of Supply – 41 (-1, Last Week 42)

Short Sales – 1,129 (-23, Last Week 1,152)

                                    

Combined SFR + CONDO/TH                                

Available – 8,742 (-177, Last Week 8,919)

Under Contract – 8,457 (-124, Last Week 8,581)

Days of Supply – 32 (+0, Last Week 32)

Short Sales – 6,808 (-90, Last Week 6,898)

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas Real Estate Market Report: 11/20/13

Las Vegas Real Estate Market Report: 11/20/13

This is the latest Las Vegas Real Estate Market Report for the week,

data is obtained from the Greater Las Vegas Association of Realtors MLS.Single Family Residence (SFR)                                   

Available – 7,073 (+62, Last Week 7,011)

Under Contract – 7,556 (-114, Last Week 7,670)

Days of Supply – 29 (+1, Last Week 28)

Short Sales – 5,836 (-74, Last Week 5,910)

                                     

Condominiums and Town Homes (CONDO/TH)                               

Available – 1,839 (+6, Last Week 1,833)

Under Contract – 1,354 (-35, Last Week 1,389)

Days of Supply – 41 (+1, Last Week 40)

Short Sales – 1,167 (-18, Last Week 1,185)

                                    

Combined SFR + CONDO/TH                                

Available – 8,912 (+68, Last Week 8,844)

Under Contract – 8,910 (-149, Last Week 9,059)

Days of Supply – 31 (+1, Last Week 30)

Short Sales – 7,003 (-92, Last Week 7,095)

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas Home Selling During The Holidays

Are you sitting on the fence when it comes to selling your property here in Las Vegas? Do you want to get top dollar for your home when you do sell?
Hello I'm Makea Turner with the Turner Mac group. I'm here to tell you that right now is a great time to sell your property. With the Holidays around the corner some buyers tend to put their home search on hold until after the holidays however there are many serious buyers who understand that sales tend to slow down during this time of the year and want to take advantage of the decrease in competition when purchasing. The goal of today's video is to help you make an informed decision about selling your property before or after the holiday season.
Let me take a moment to share with you exactly what we are seeing in the Las Vegas real estate market. In September there were 3,888 homes sold. This is down from 6 months ago where we were seeing over 4,400 homes sold per month. 70 % of properties sold in September were traditional sales. This number has increased 10% from 6 months ago when traditional sales represented 60% of homes sold.
The number of total short sale properties sold is down to only 15%. Just 6 months ago short sales represented 25% of all closings. Recently there have been huge increase in Notice of defaults filed here In Las Vegas and we expect to see more short sale inventory coming onto the market soon because of these filings.
Bank owned inventory is down to only 7.5% of the available inventory, 6 months ago bank owned inventory represented 9% of the resale market. This is great considering just a few years ago bank owned inventory flooded the Las Vegas real estate market and represented about 60% of the available inventory.
The median sales price for a home in the Las Vegas is currently $154,995. This is up from 6 months ago when the median sales price was $143,500. In September 47% of all closings were cash. This number is down from 6 months ago when cash purchases represented 60% of closings. 1,827 properties closed in September with financing. This means that banks are now once again financing deals that are priced right in our current market.   
With available inventory increasing each month and the looming threat of a wave of short sales hitting the market which will depress pricing now is the right time to sell you Las Vegas Home to get top dollar in this market.
Contact me Makea Turner with the TurnerMac Group today to get your home sold fast for top dollar before you miss out on this great opportunity. Call me on my direct line 702-542-1883 or send me an email to Makea@turnermacgroup.com to learn more about how I will get your home sold fast for top dollar in today's market before it's too late. Thanks for watching today's video and I look forward to hearing from you soon.

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

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Las Vegas New Home Communities Update

In today's video I will share some interesting facts about Las Vegas New Home Communities that all buyers need to be aware of. Before buying a new home in Las Vegas it is always a good idea to know what the Las Vegas New Home Communities sales and statistics are. Las Vegas New Home Communities are a great option for buyers who do not want to compete with other home buyers in this market. There are several New Home Communities in Las Vegas for buyers to choose from that are located across the valley. Check out today's informative video to learn more about Las Vegas New Home Communities and the recent sales activity for new homes in Las Vegas. Make sure you subscribe to the TurnerMac Groups YouTube channel to stay up to date with all the latest news and information about the Las Vegas Real Estate market.

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

Read More

Las Vegas Real Estate Market Report: 10/16/13

Las Vegas Real Estate Market Update: 10/16/13

This is the latest Las Vegas Real Estate Market Report for the week,

data is obtained from the Greater Las Vegas Association of Realtors MLS.Single Family Residence (SFR)

Available – 6,731 (+131, Last Week 6,600)

Under Contract – 8,073 (+46, Last Week 8,027)

Days of Supply – 26 (+1, Last Week 25)

Short Sales – 6,068 (-13, Last Week 6,081)

Condominiums and Town Homes (CONDO/TH)

Available – 1,649 (+48, Last Week 1,601)

Under Contract – 1,485 (-1, Last Week 1,486)

Days of Supply – 34 (+1, Last Week 33)

Short Sales – 1,225 (-14, Last Week 1,239)

Combined SFR + CONDO/TH

Available – 8,380 (+179, Last Week 8,201)

Under Contract – 9,558 (+45, Last Week 9,513)

Days of Supply – 27 (+1, Last Week 26)

Short Sales – 7,293 (-27, Last Week 7,320)

Contact The TurnerMac Group Today

Makea Turner-702-542-1883

Paul Macaluso-702-542-1993

MakeaTurner.com

PaulMacRE.com

Read More

Las Vegas Real Estate Inventory Update-May 8 2013

The Las Vegas Real Estate market is on fire! Last Year around this same time some areas property values were as much as 40% less than current property values. Inventory has also dramatically decreased over the last year. Below you will find a break down of our current available, sold and under contract supply of homes here in Las Vegas. If you are ready to take advantage of today's opportunity give me a call today (702) 542-1883

Single Family Residence (SFR)                             

Available – 3,350 (+42, Last Week 3,308)

Under Contract – 10,423 (+138, Last Week 10,285)

Days of Supply – 10 (+0, Last Week 10)

Short Sales – 7,705 (-39, Last Week 7,744)

                               

Condominiums and Town Homes (CONDO/TH)                            

Available – 982 (+3, Last Week 979)

Under Contract – 2,066 (+12, Last Week 2,054)

Days of Supply – 15 (+0, Last Week 15)

Short Sales – 1,602 (-11, Last Week 1,613)

                              

Combined SFR + CONDO/TH                        

Available – 4,332 (+45, Last Week 4,287)

Under Contract – 12,489 (+150, Last Week 12,339)

Days of Supply – 11 (+0, Last Week 11)

Short Sales – 9,307 (-50, Last Week 9,357)

If you would like a full copy of this weeks inventory breakdown contact me today!

Makea Turner-EXIT Realty Number One (702) 542-1883

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Updates About The Las Vegas Real Estate Market

Get Market Insider for Valuable Data on Las Vegas and Surrounding Areas


Introducing Market Insider, the FREE report that gives you valuable, customized, and up-to-date information on real estate trends in Las Vegas, Summerlin, Henderson and surrounding communities. Whether you're buying or selling a home, you'll have access to the data you need to make informed decisions in this ever-changing market.

Create a customized Market Insider report on the areas you care about most, and then sign up to receive FREE monthly updates. Market Insider provides home listing and sale prices, community demographics, school ratings, side-by-side neighborhood comparisons, and more!

Whether you are looking to sell and want local market data, or are thinking about buying and want to explore different homes and neighborhoods, here is a great resource for you!

For more information, and to discuss how to interpret this data for your situation, please Call Makea Turner with Keller Williams Realty Southwest (702) 542-1883 or Visit http://www.LasVegasAreaHomeSearch.com

View Market Insider

Market Insider's Powerful Resources for Buyers and Sellers

Market Insider offers a wealth of current information to help you make the best real estate decisions.
Local real estate market data including current listings and recent sales
Easy-to-use charts that clarify local price and market inventory trends
Side-by-side comparisons of areas by zip code
Maps, charts, and valuable insight into specific neighborhoods using income by household, criminal activity, education levels attained, and weather risks
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School district summary information and a map/grid of individual schools for your zip code
Tips to help you better understand the factors that impact the real estate market
Become a "Market Insider" today!

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Las Vegas Real Estate Secrets 2011 Revealed pt2

Part 2 Interview with Las vegas Real Estate industy insider Larry Murphy

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