Las Vegas Real Estate

Welcome to the Las Vegas Real Estate Blog. Sit back and relax with us as we take you for a tour through Las Vegas real estate and nearby community information. Visit us online at www.ShelterRealty.com or call today: (702) 376-7379

Saturday, September 06, 2008

Did Your Las Vegas Listing Expire?

Did your Las Vegas listing expire recently? If so, you might be feeling frustrated or confused! Why didn't it sell? Well there could be a few reasons. For instance your agent might not have done any marketing or the home was over priced. So what do you do now? Well here is what you can expect to happen over the next couple of weeks.

You can expect your phone to start ringing off the wall from real estate agents attempting to list your home. Your mailbox will be full of mail from real estate agents soliciting you for your listing. So what do you do?

The first thing you need to do is not rush into anything. You need to figure out why your home didn't sell with the first agent that you worked with and in order to figure that out, you need to interview several agents. Set up several interviews with Las Vegas Real Estate Agents and ask them several qualifying questions such as why do you think your home didn't sell, what type of marketing will you do and do you sell real estate full time, to name a few.

Once you choose your new real estate agent, make sure you aren't locked into a long contract. This way if the agent isn't living up to your expectations, you can cancel your contract and find a new real estate agent.

Let us know if you have any specific questions about selling your Las Vegas Home! We can be reached 7 days a week at 702.376.0088 or you can visit us on our website at www.SenaSellsVegas.com!

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Saturday, August 16, 2008

Sena & Associates Welcomes Mona Orkoulas as Operations Manager

I would like to officially welcome Mona Orkoulas to Sena & Associates with North American Realty of Nevada. Mona has assumed the position of Operations Manager and will be responsible for managing the 14 Las Vegas real estate agents that make up Sena & Associates. Mona will assist the agents with their leads and help them establish goals.

Mona brings over 4 years of real estate and title experience to the team!

Sena & Associates is excited to have Mona Orkoulas join our dynamic team!

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Friday, August 01, 2008

Home Prices Decline in Las Vegas

Home prices have dropped by over 29% in May 2008 compared to home prices in May 2007. This huge drop is most likely a direct result of the increase in foreclosures compared to May of 2007. Banks and Lenders are lowering prices to move these homes off of their books. This is creating some excellent opportunities in the Las Vegas Real Estate Market!

To read more click on the link: Home Prices decline 29.5 percent in Las Vegas

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Friday, June 27, 2008

Selling Your Las Vegas Home?

Are you in the market for a Las Vegas Real Estate Agent to sell your Las Vegas Home? If so, make sure you find an agent that has experience selling homes. You might be surprised, but there are many agents that don't have any experience selling a home. Look for an agent that has experience with Las Vegas Real Estate Marketing!

Give Sena & Associates an opportunity to show you what kind of marketing we can do to give you maximum Internet exposure which will lead to the sell of your home!

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Sunday, June 15, 2008

The Lakes - Las Vegas, Nevada

The lakes - Las Vegas, Nevada 2 story home with smooth finish stucco exterior, soaring ceilings in formal living and dining room, high ceilings on first floor, wet bar, bed and office on first floor, large master with cathedral ceiling, 3-way fireplace, balcony with mountain and pool views, big secondary rooms with walkin closet, bathroom with dual vanities, skylight, and large tubs.
This home sits on almost a quarter of an acre! This is a must see if you are interested in living in "The Lakes - Las Vegas!"

2 Story
4 Bedrooms
3 Baths
3 Car Garage
Balcony
Pool
Spa
$575,000

For more information or for a private showing, click on the link below:

For all your Las Vegas Real Estate needs, contact Sena & Associates today at 702.376.0088!

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Friday, May 02, 2008

Las Vegas Real Estate

Las Vegas is known as the entertainment capital of the world and is one of the most popular cities in the Western portion of the United States. As one of the fastest growing cities in the US, Las Vegas possesses the highest real estate appreciation rate in the country. The finest access to the wealth of opportunities and choices including entertainment, shopping, vacation etc makes it the right place for real estate investment.

Nowadays, the Las Vegas real estate market has become a worthwhile investment place for homebuyers and investors. It is the primary factor that boosts the economic growth for Southern Nevada. The real estate market in Las Vegas ensures incredibly high returns in the future. Being a highly appreciated real estate area, the average prices of homes and apartments remain very reasonable. Compared to Los Angeles city areas, single homes in Las Vegas are highly affordable. If you are looking for a county club environment, Green Valley may be the area best for you. You can find a wide range of communities designed for active adults there.

Many advantages are also incorporated with the Las Vegas real estate market. One of the most highlighted advantages is that, it possesses a low tax profile. The residents need not have to pay any state income tax or personal tax. By owning a Las Vegas home, you can enjoy all the world-class level entertainments and also benefit business and job opportunities. Emerging of new condos also increased the value and price of Las Vegas real estate. Most real estate investors are interested in buying land and making luxury condos and apartments. Construction of flats also plays a significant role in real estate market. You can purchase the property and get a good profit by selling the flats. You can also buy an old house at low cost and resale it after renovation.

If you want to invest in the real estate market, Las Vegas real estate can be a great option to seriously consider. You can easily locate affordable real estate options in Las Vegas. You can invest in high-tech buildings and cost-effective single family homes. Online real estate sites can provide a virtual tour of real estate properties in Las Vegas. Many real estate sites give you the opportunity to analyze the present real estate market in Las Vegas. You can examine the resale market of condominiums, town homes, single homes etc through online sites. Purchase of real estate in Las Vegas opens up a diverse experience that is worthy for you. To search now, click here.

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Thursday, April 24, 2008

Las Vegas Real Estate Forum

Sena & Associates has been committed in providing their clients with numerous resources that provide instant access to Las Vegas Homes for Sale, Las Vegas Market Updates and Las Vegas Community Information. With the recent upgrade to their Las Vegas Real Estate Forum, consumers now have the ability to get all their information from one source!

Sena & Associates Las Vegas Real Estate Forum now features BLOGS! Consumers can now receive direct feeds from the Las Vegas Real Estate Blog and get instant Las Vegas Market Updates in their emails via the blogs!

Our clients can still participate on the forum for free and get all their Las Vegas Real Estate Questions answered!

When you get a chance, come visit us at www.LVREForum.com!

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Friday, February 08, 2008

Las Vegas, Top Market to Buy in 2008

Las Vegas was just named as 1 of the top 5 real estate markets to buy in 2008 according to Entrepreneur.com. I believe the reason is because of the massive expansion that is taking place on the Las Vegas Strip. According to the Las Vegas Review Journal, the Las Vegas Strip will create over 113K new jobs over the next 5 years due to the opening of several major projects, such as Project City Center. The creation of all these jobs will have a significant impact on the Las Vegas Real Estate Market!

The local economy cannot absorb all those new jobs which means we will begin to see an increase in people relocating to the Las Vegas Valley to fill these new jobs. What this means is, there will be a huge need for housing. The current housing inventory will begin to fall as more homes are sold compared to new homes coming on the market. This will allow for home prices to stabilize and over the next few years, home prices should start rising!

If you are a buyer or investor looking to purchase a Las Vegas Home, the time is now before home prices stabilize!

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Thursday, January 03, 2008

Las Vegas Real Estate

Despite some recent uneasyness in the markets, Las Vegas properties have experienced positive price appreciation. In the local market there is an absolute shortage of desirable properties and the upward pressure is being forecasted. Manypeople coming to Las Vegas were relocating for a number of reasons. The continued economic growth is at the top of the list.

Nevada has the most stable climate in the country. It is free of severe weather events such as earthquakes, tornados, hurricanes, blizzards and the like. The lack of any state income tax leading to a dramatically lower overall tax base than the other neighboring states combine to make Las Vegas Real Estate investments and home ownership much more than your average purchase.

Large numbers of people buying into this market have said that it has been one of the best financial decisions, for equity appreciation, significant tax benefits and long term home ownership staying power they have ever made. Some people realize that Las Vegas is no longer just a destination for gaming in casinos. The incomparable sports, entertainment, restaurants and shopping opportunities are unrivaled elsewhere. All of these activities are driving entry level buyers, middle class homeowners, upper end buyers and retirees to enjoy Las Vegas at property values and cost of living rates which are still unprecedented in most of the developed world.

Many other outdoor activities and recreation is available for miles around. From the Red Rock Canyon National Park, to the Valley of Fire Park, to Boulder City, the site of Hoover Dam, and Mt. Charleston, where you can actually find many feet of snow and even cozy cabins with fireplaces, all kinds of geological and wide open environs here for your enjoyment.
The combination of entertainment, shopping, dining, gaming and pent house living is changing the way Las Vegas Real Estate and the buying public are even change and constantly revitalizing city.

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Saturday, December 29, 2007

2007 Coming to a Close in Las Vegas

As I write this, 2007 is drawing to a close and we are only a few days away from ringing in 2008! 2007 brought a tumultuous year to the Las Vegas Real Estate Industry. We saw a record number of Las Vegas Foreclosures, lenders closing their doors, loan programs disappearing and even a few major real estate companies filing for bankruptcy. So the question remains, what can we expect to see in 2008?

I believe foreclosures will maintain the level we are seeing as more adjustable rate mortgages adjust, loan guidelines tightening and more real estate companies filing bankruptcy. However, they were will be great opportunities for buyers in the Las Vegas Real Estate Market! Just a few years ago, many buyers were being priced out of the market and now, they have an opportunity to find a home they can afford. New real estate companies will open shop with more of an emphasis as a virtual office thus driving costs down for sellers.

Being a survivor of 2007, I am anxiously awaiting 2008 :)

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Tuesday, December 11, 2007

Las Vegas Real Estate

It is being said that properties in Las Vegas, Nevada now rivals Southern California, Florida and Hawaii. The Manhattanization of Las Vegas is going vertical at the same time new suburban communities are coming on line and while the national Real Estate Market remains flat to down.

Las Vegas is becoming the real estate buying opportunity of a like time. The Las Vegas Real Estate Market today is giving investors one more chance to get in on the future growth potential that will be realized over the next few decades.

If your interested in single family housing, condominium living, or the high-end executive life style - it is done so well in Las Vegas Real Estate. Las Vegas Real Estate is comprised of a rich and diverse population of the buying public.

Few places in the Pacific Time Zone offer the degree of entry level housing, mid-level and mature properties. With one of the longest and strongest housing expansions in history, Las Vegas Real Estate can provide you with the type of home in the style of community you are looking for.

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Sunday, December 09, 2007

Sellers Want A La Carte Listing!

So I went on a Listing Appointment yesterday in Henderson. I met the sellers and they gave me a tour of their lovely 1 story home. As we took the tour they began to tell me about the interview they had with other Las Vegas Real Estate Agents and how much they would charge them for commission and what type of marketing they do to sell homes. The whole time I felt like they were trying to break me down before I even had the opportunity to go over what I can do for them and what my commission rate was!

Now it was my turn to sit down with them and show them what I do for my clients! As always I went over the most recent sales in the neighborhood and the surrounding area. When I gave them the price I thought they should sell their home, they responded with, well so and so told me we could sell it for a lot higher of a price than this. After hearing this, I spent some time educating them as to why they could not sell for that price because the most recent sales don’t constitute a price that high. When I finished explaining pricing, they seemed to understand?

Next I went over my marketing plan and how I attract buyers for my client’s listings. I explained how important an Internet presence was and I showed them how strong my presence was on the Internet! They appeared to be very impressed and said that they definitely want their home to have that much exposure. When I was finished, I thought this was going to be my listing, boy was I wrong!

When I asked the sellers if they had any questions, they responded with: They liked my marketing plan but wanted me to add a few things that the other agents said they do, they wanted me to list it at the price that one of the other agents suggested and they wanted me to drop my commission to what one of the other agents advised he would sell their home. It was like they were shopping, I want a little of this and a little of that! I politely explained that business is not a la carte and that they can’t add items to the marketing plan and then drop the price significantly! I work hard to sell my client’s Las Vegas Homes! I politely thanked them and wished them success in selling their Henderson Home!

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Thursday, November 22, 2007

Las Vegas Real Estate

Las Vegas Real Estate is the place to search and find property perfect for you and your family. When you purchase Real Estate in Las Vegas it's a great investment whether you are making it for your first or second home. As of today the Las Vegas real estate market is one of the nation‘s fastest-growing markets and is in high demand internationally. Las Vegas real estate and its surrounding areas are showing major appreciation in values. Las Vegas homes provide a broad and diverse residential experience that is worth of your decision to live in our great city.

A near-perfect climate, favorable cost of living, thriving job market, low property tax and no state income tax; it is an ideal place to live for young families, empty-nesters and seniors to purchase houses for sale. Las Vegas is more than just the gaming capital of the world; it's also a fabulous place to live with beautiful neighborhoods, great schools, gorgeous parks, and friendly people. There are lots of new homes, resale homes and condos for sale with a wide array of choices.

Not only is the property growing fast, but also the number and quality of Las Vegas homes that continues to expand at an impressive rate.

More people from the US and beyond are looking to make their home here. This is not only due to the prosperity of the Las Vegas real estate market but also the nature of the magnificent properties which are available and that continue to be built.

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Monday, July 16, 2007

Las Vegas Real Estate

The Las Vegas real estate housing market has seen fabulous growth over the last several years. Today that growth is still apparent with homes in Las Vegas still appreciating at very high rates. There has been talk throughout the country about how real estate markets are ready to explode. This might be so in other real estate housing markets with increased mortgage interest rates, building cost and unstable economy, but the Las Vegas real estate bubble is no where near ready to pop.

The homes and condos in Las Vegas along with multi family units have been selling at near record rate for 2005. Las Vegas builders have continued to see record sales of their new homes and condos. The extravagance high rise condos scheduled for release have sold out within days of offering their pre construction sales. Typically when a real estate bubble is ready to burst none of these record sales and economic trends occur as they have in the Las Vegas real estate market.

The Las Vegas housing communities like Seven Hills, MacDonald Highlands, Lake Las Vegas, Rhodes Ranch, etc. have seen record numbers in homes sold over the last year. Economists have suggested that Las Vegas will continue to see record in terms of their real estate appreciation rates over the next several years. The projection of over 100 new developments of luxury condos and new homes on the planning board also indicates that Las Vegas real estate is probably the most stable real estate housing market in the United States. It has about 12,000 people per month moving in and about 5000 per month moving out. This leaves a net of around 7000 people per month for net growth. The unemployment rate in Las Vegas is one of the lowest in the nation. The economy is one of the big factors in Las Vegas real estate.
In buying a real estate especially in Las Vegas, one must consider several factors before purchasing it…
  1. You should know the economic status of the city.
  2. You must consider the cost of living.
  3. Try to look at the job market.
  4. Find a school that suit your kids.
  5. You must think if the city offers you and your family a good quality of life.

Las Vegas real estate gives you a total satisfaction which you won't forget.

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Tuesday, May 29, 2007

Las Vegas Real Estate

Las Vegas is a city in southern Nevada and located in the Las Vegas Valley, a desert surrounded by the Spring Mountains to the west, Frenchman Mountain to the east, the Sheep and Las Vegas ranges to the north and the McCullough Range to the south. Las Vegas serves as the center of one of the fastest growing metropolitan areas in the United States.

The city of Las Vegas covers a land area of 215.2 sq km (83.1 sq mi). The growth of the Las Vegas metropolitan region was the fastest in the nation in the 1990s, increasing 83 percent between 1990 and 2000. The population of the region jumped from 528,000 in 1980 to 853,000 in 1990. By 2004 the population reached 1,651,000. In addition to Las Vegas, the city’s metropolitan region includes North Las Vegas, Boulder City, Henderson, Mesquite, and a large number of unincorporated communities.

Las Vegas is widely known for tourism, gaming, a dry and vigorous climate, and an assortment of indoor and outdoor recreational activities. The city is also booming in manufacturing and industrial employment, in the construction of new houses, and in the creation of new service jobs. It bills itself as the “Entertainment Capital of the World,” and tourism, gaming, and entertainment represent a large portion of the city’s revenue. In addition to its widely known casinos, Las Vegas attracts visitors to its outdoor shows, including simulated volcanic eruptions, pirate duels on artificial lakes, and laser cannon displays. Indoor casino shows, with world-famous entertainers, are also popular. Annual events include the National Finals Rodeo and the Las Vegas Invitational Golf Tournament. Las Vegas is a popular destination for tours and conventions, including COMDEX, an annual computer show. The Las Vegas Motor Speedway opened in 1996.

For the Real Estate Investors, the best thing you do is to invest in Las Vegas. The city is ready for the next major Real Estate boom. The Las Vegas High Rise boom caused so much international attention, that city council meetings were starting to worry about airport expansion based on the proposed high rise projects in Las Vegas. There are still over 50 proposed Las Vegas high rise opportunities on the horizon with names like Trump, Ivana, and various Hollywood Celebrities throwing their hats into the development arena. This is a national trend that Baby boomers are sure to keep alive. The residential real estate is also being built out as fast as possible. There are still somewhere between four thousand and six thousand people moving to the valley on a monthly basis. Also research indicates that more and more people are using the Internet to start their home search, and one of the most popular terms still being searched today is Las Vegas real estate. The real estate here in general you’ll want to work with is the best of the best.
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