The Las Vegas High Rise market sold more units in May than in previous months. Here's a peak at what sold for what price, including short sales and foreclosures.
BlogWell DC Social Media Case Study: National Association of REALTORS, presen...SocialMedia.org
In his BlogWell DC presentation, the National Association of REALTORS' Director of Digital Engagement, Todd Carpenter, shares how they use social media to drive web traffic and engagement around their annual convention.
The FHA waived its standard 90-day ownership rule for house flipping to stimulate repairs and sales in neighborhoods affected by the mortgage crisis. This allowed investors to buy a house, quickly fix it up, and resell it to a new buyer using FHA financing. However, the waiver followed guidelines to protect consumers from inflated prices and poor construction work.
A Complete Guide to FHA Refinance LoansScott Schang
A Complete Guide to FHA Refinance loan programs reviews basic FHA qualifying guidelines including employment, income and allowable properties.
Before you refinance your home, you should always do a thorough cost/benefit analysis to determine if you are refinancing for the right reasons.
We also discuss "Red Flags" - What to watch out for. These are common marketing and sales strategies that try to trick you into refinancing without all the facts.
The document discusses renovation financing opportunities and how they can benefit homeowners, buyers, and real estate professionals. Renovation financing allows buyers to purchase a home and finance repairs/remodeling in a single mortgage. It is based on the improved property value. Benefits include ample funds based on the after-renovation value, flexibility to choose fixed or adjustable rates, and simplifying the purchase and renovation into one transaction. Working together, real estate professionals and lenders can help buyers renovate less-than-perfect homes and turn dreams into sales.
The document discusses Energy Efficient Mortgages (EEM) and FHA 203k loan programs. It provides details on:
1) The EEM allows financing for cost-effective energy improvements, which are determined by a home energy rating. The maximum loan amount for energy improvements is 5% of the property value or area loan limits.
2) The 203k Standard program finances both property purchase and repairs over $5,000. It requires drawings, permits and inspections. The 203k Streamline finances up to $35,000 for simpler repairs without structural work.
3) Borrowers, lenders, consultants, appraisers and contractors each have responsibilities in the 203k process to
1. The document outlines 3 steps to achieving brand advocacy: authenticity, context, and trust.
2. Authenticity involves representing your brand through genuine partnerships and endorsements. Context provides relevant experiences that resonate with audiences.
3. Trust is built through demonstrating love for customers and encouraging them to share their experiences using your brand's messaging. Following these three steps can help drive brand advocacy.
This document contains data on population growth rates in Chicago from 2000-2010 and 2013-2018 at both the overall city level and for the 20-34 age cohort. It also includes charts on Chicago office market trends related to vacancy rates, asking rents, transaction activity, and capitalization rates from 2005-2014.
The document provides tips for selling a house that is not attracting buyers. It suggests reviewing listing photos, feedback on the home's dated features, cleanliness, and ease of viewing. The key factors are pricing accurately based on current market conditions and comparable recent sales. If a home has been listed for months with no offers, the seller likely needs to significantly reduce the price, by at least 5-10%, to attract buyers and sell the home. An experienced real estate agent can help determine the right price reduction strategy given market trends in the local area.
BlogWell DC Social Media Case Study: National Association of REALTORS, presen...SocialMedia.org
In his BlogWell DC presentation, the National Association of REALTORS' Director of Digital Engagement, Todd Carpenter, shares how they use social media to drive web traffic and engagement around their annual convention.
The FHA waived its standard 90-day ownership rule for house flipping to stimulate repairs and sales in neighborhoods affected by the mortgage crisis. This allowed investors to buy a house, quickly fix it up, and resell it to a new buyer using FHA financing. However, the waiver followed guidelines to protect consumers from inflated prices and poor construction work.
A Complete Guide to FHA Refinance LoansScott Schang
A Complete Guide to FHA Refinance loan programs reviews basic FHA qualifying guidelines including employment, income and allowable properties.
Before you refinance your home, you should always do a thorough cost/benefit analysis to determine if you are refinancing for the right reasons.
We also discuss "Red Flags" - What to watch out for. These are common marketing and sales strategies that try to trick you into refinancing without all the facts.
The document discusses renovation financing opportunities and how they can benefit homeowners, buyers, and real estate professionals. Renovation financing allows buyers to purchase a home and finance repairs/remodeling in a single mortgage. It is based on the improved property value. Benefits include ample funds based on the after-renovation value, flexibility to choose fixed or adjustable rates, and simplifying the purchase and renovation into one transaction. Working together, real estate professionals and lenders can help buyers renovate less-than-perfect homes and turn dreams into sales.
The document discusses Energy Efficient Mortgages (EEM) and FHA 203k loan programs. It provides details on:
1) The EEM allows financing for cost-effective energy improvements, which are determined by a home energy rating. The maximum loan amount for energy improvements is 5% of the property value or area loan limits.
2) The 203k Standard program finances both property purchase and repairs over $5,000. It requires drawings, permits and inspections. The 203k Streamline finances up to $35,000 for simpler repairs without structural work.
3) Borrowers, lenders, consultants, appraisers and contractors each have responsibilities in the 203k process to
1. The document outlines 3 steps to achieving brand advocacy: authenticity, context, and trust.
2. Authenticity involves representing your brand through genuine partnerships and endorsements. Context provides relevant experiences that resonate with audiences.
3. Trust is built through demonstrating love for customers and encouraging them to share their experiences using your brand's messaging. Following these three steps can help drive brand advocacy.
This document contains data on population growth rates in Chicago from 2000-2010 and 2013-2018 at both the overall city level and for the 20-34 age cohort. It also includes charts on Chicago office market trends related to vacancy rates, asking rents, transaction activity, and capitalization rates from 2005-2014.
The document provides tips for selling a house that is not attracting buyers. It suggests reviewing listing photos, feedback on the home's dated features, cleanliness, and ease of viewing. The key factors are pricing accurately based on current market conditions and comparable recent sales. If a home has been listed for months with no offers, the seller likely needs to significantly reduce the price, by at least 5-10%, to attract buyers and sell the home. An experienced real estate agent can help determine the right price reduction strategy given market trends in the local area.
Beat The Competition And Sell Your Home This SpringDebbie Drummond
Spring is a popular season for selling and buying homes. You may find a little more competition from other sellers because it is so popular. These are some great tips to help you beat the competition to get your home sold for the best price in the least amount of time.
If you find yourself wanting to do something a bit different while in Las Vegas, we recommend the Zappos Tour. It's a great learning experience for anyone in marketing or who manages employees. And it's interesting. Make a day out of it by doing lunch at one of the many great restaurants nearby followed by a visit to the Downtown Container Park for a little retail therapy.
Low Ball Offers in Real Estate - Do They Work?Debbie Drummond
Low Ball Offers in Real Estate is a good read for buyers and sellers. It's unfortunately one of the things sellers may have to deal with and a good reason for sellers to price their homes right from the beginning.
Buyers should give careful consideration to their options before proceeding with a lowball offer. The time they waste on submitting lowball offers could cost them more than they save if home prices and/or interest rates go up while they're trying to get a "steal".
We look at the rare occasions where they may succeed and how you should use them if you do want to "negotiate".
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Beat The Competition And Sell Your Home This SpringDebbie Drummond
Spring is a popular season for selling and buying homes. You may find a little more competition from other sellers because it is so popular. These are some great tips to help you beat the competition to get your home sold for the best price in the least amount of time.
If you find yourself wanting to do something a bit different while in Las Vegas, we recommend the Zappos Tour. It's a great learning experience for anyone in marketing or who manages employees. And it's interesting. Make a day out of it by doing lunch at one of the many great restaurants nearby followed by a visit to the Downtown Container Park for a little retail therapy.
Low Ball Offers in Real Estate - Do They Work?Debbie Drummond
Low Ball Offers in Real Estate is a good read for buyers and sellers. It's unfortunately one of the things sellers may have to deal with and a good reason for sellers to price their homes right from the beginning.
Buyers should give careful consideration to their options before proceeding with a lowball offer. The time they waste on submitting lowball offers could cost them more than they save if home prices and/or interest rates go up while they're trying to get a "steal".
We look at the rare occasions where they may succeed and how you should use them if you do want to "negotiate".
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
Las Vegas High Rise Condo Market Picks Up Steam - June 2014
1. Night view of the vacant lot where MGM plans 33 acre Rock City concert venue. It’s across from Allure at Sahara & the Strip
Las Vegas High Rise Market Picks Up – June 2014
Update
vegasho.me /1nacv7x
The Las Vegas high rise condo market has recorded fewer than 50 closings per month in the top high rise
towers. In April, only 37 units closed escrow. In May we climbed back to 51 units sold through the MLS.
We expect to see continued interest in the high rise market, especially as we get closer to the re-opening
of the old Sahara. It’s expected to debut as the SLS which on Labor Day week-end.
2. MGM has announced City of Rock, a partnership with Cirque and Rock In Rio. They’ll be constructing an
outdoor concert arena that will accommodate up to 80,000. Located on the 33 acre parcel at the
Southeast corner of Sahara and the Strip, this will bring more excitement to the nearby condos. Allure,
SKY, Turnberry Place and Turnberry Towers are all within walking distance. First performances at the new
venue are planned for May 2015.
Current Inventory – We still have a large number of condos listed for buyers to choose from. There are
443 high rise condos listed for sale without offers. This includes 8 foreclosures and 8 short sales. If we
kept up the pace of 51 closings per month, the current listings would be absorbed in just over 8 months.
That’s a definite improvement.
What Sold in May? 36 of the condos that sold in May were traditional sales.
Five of the high rise condos that sold in May were foreclosures. At Palms Place studio unit 36-309 was
listed for $159K and sold for $152,300. At MGM Signature, studio unit 1103 in Tower 1 was listed for
$159K and sold for $157K. Also at MGM in Tower 2 1 bedroom unit 1121 was listed for $245K and sold for
$235K. At Turnberry Towers 1 bedroom unit 1104 was listed for $224,900 and sold for $224,900.
Turnberry Place, Tower 4, 2 bed/2.5 bath unit 902 was listed for $340K and sold for $294K.
Ten of the high rise condos that sold in May were short sales. This is a definite jump from previous
months. Closing prices for the short sale units ranged from #1805 at Palms Place. This studio closed at
an amazing $139K. Someone got a great deal at that price. Highest price for a short sale was unit 3203
in Tower 2 at Turnberry Place. This 4007 sf suite was listed for $1.475M and closed for $1.37M.
SOLD Price Analysis -
Lowest price per square foot. Three of the condos that sold in May went for less than $180/sf. Lowest
price was unit 303 in Tower 4 at Turnberry Place. This one was listed for $369K when it sold for $360K
after 38 days on the market. It was a traditional sale and went for $164/sf. Also at Turnberry Place, Unit
1006 in Tower 3 was listed for $289K and closed for $284,500. This one was a short sale and it came out
to $166/sf. Turnberry Place, Tower 4 Unit 1107 is one of the rare one bedroom units that were only built in
Tower 4. It was listed at $140K and sold for $210K. This one was a short sale and the closing price was
$178/sf.
Highest price per square foot. Only two high rise condos sold for more than $500/sf in May. This is
surprising since we’ve seen a few in the $700/sf price range, especially at the Mandarin. The highest price
per square foot was at MGM Signature. Unit 3805 in Tower 3 was a top floor penthouse, fully furnished. It
was listed at $285K and sold for $275K or $529/sf. Second highest price per square foot was Tower 1,
Unit 902 at ONE Queensridge Place. This 3 bedroom, 3.5 bath residence was listed for $1.975M and sold
for $1.975M or $512/sf.
Highest Price Paid for a High Rise Condo in May was Unit 902 at ONE Queensridge Place which sold for
$1,975,000. Comingin second was #3203 in Tower 2 at Turnberry Place. Listed for $1.475M it closed for
$1.37M. Third most expensive high rose sold for the month of May was also at ONE Queensridge Place.
Unit 604 was listed for $1.449M and sold for $1.35M.
CASH is still King in the high rise market. Forty of the condos sold last month were purchased with cash.
The buildings where we saw financing includes ONE Queensridge Place and the Martin where developer
units are easily financed. We also saw mortgages involved in purchases at Newport Lofts, Turnberry
Towers and Allure.
3. It’s encouraging to see financing becoming available in these buildings. Accessible
financing could definitely improve the property values of our high rise market.
Highest Sales Volume – The most activity was at MGM Signature where nine condos sold. Second most
active was Turnberry Place with six closings. ONE Queensridge and Panorama Towers tied for third place
with five closings each.
High Rise Condos Sold in May