Force Fannie Mae to behave responsibly or shut them down.
Monday, February 18
Has anyone ran into this where Fannie is countering the buyer's offers on short sales waaay above what they will actually appraise at? Slightly above the appraisal value I can under stand due to the low inventory and high demand right now. But the price they want is unrealistic.We have one right...
Advice for Buyers in the Las Vegas/Henderson Market
Monday, February 18
Las Vegas has VERY low inventory and VERY high demand right now. In this HOT seller's market you need to come in with clean, strong offers. If you can find pocket listings (listings that agents have that have not yet been listed on the ML) then you can get offers in before the bidding wars, often...
Only 4,617 homes available on the MLS in Las Vegas and Henderson
Friday, May 25
This includes SFR, condos, and townhomes in the greater Las Vegas, Henderson, and North Las Vegas areas. That is almost 1/3 of the number of homes that were available for sale this time last year. The bottom is here and prices will be going up soon in my opinion.
Las Vegas Trustee Auctions
Monday, April 30
In regards to buying at the trustee auctions I would not recommend this unless you have a lot of experience doing this. ALL the properties are "good deals" down there if you are strictly looking at the purchase price vs what the property comps for. However, your profitable purchase soon disappear...
Las Vegas Inventory Disappearing
Monday, April 30
Assembly Bill 284 http://www.leg.state.nv.us/Session/76th2011/Bills/AB/AB284.pdfThe lack of new REO's on the market (due to AB284) combined with increasing demand is driving down inventory at a rapid rate. There is a buzz in the streets and everyone is buying again (if they have the cash or can g...