Summerlin seeing some INCREASES in Sales price. Also, the days a rental listing is on the market has declined substantially. Here is my analysis:

President Obama’s poll numbers have recovered nicely thanks to the good news surrounding the demise of Osama bin Laden.
But the bin Laden bounce will wear off quickly unless the administration takes some bold steps to restore economic confidence in this country. Creating jobs is certainly an essential part of restoring that stability. But in my view, nothing is more important than creating confidence in the long-term health of the housing market. Read
Knowing how to read your good-faith estimate can help you save money on your home loan. Read
Whether you’re buying or selling, it’s important to choose representation that meets your needs in the transaction. Read
By preparing for a real estate short sale, you can emerge with a great home at a favorable price. Read
By doing your homework before you buy, you’ll feel more content about your new home. Read
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Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®
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March 2011. There has been enough negative written in the press regarding the housing market. How about the other side? Homes are more affordable than ever for first-time buyers.
My client Kevin is a front desk clerk at a strip hotel. He came to me with his girlfriend Christina to purchase a home in the low $100’s. We found them a great bank-owned home in beautiful condition and in a neighborhood they wanted to live in. We put the offer in and a few days later we were in escrow. Kevin is paying less on his mortgage then he was paying rent previously. And the most exciting news; After putting the home in escrow, Kevin put an engagement ring on Christina. The two are planning to get married soon.Congratulations guys!
Guess what city is NOT ON the list of “10 Cities Where Distressed Houses Will Be Flooding The Market For Years”?
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