(702)379-3401 www.DaveRadcliffeVegas.com---Was your Foreclosure included into a Bankruptcy? ---There are new opportunities for homeowners with Foreclosure and Bankruptcy in the past. Dave Radcliffe of the Radcliffe Group at Keller Williams speaks to Chris Binney of Raintree Mortgage
on the topic of New Guidelines according to Fannie Mae and Freddie Mac.
Homeowners with a foreclosure on their record no longer need to wait 7
years before it clears them to buy again, “we can now go off of
bankruptcy timelines instead of foreclosure dates.” This will allow for
sooner purchase dates. Was your Foreclosure included into a Bankruptcy?
If you filed bankruptcy in the past 4 years, you may qualify again to
purchase. There are different standards for Fannie Mae and Freddie Mac
as there are for Government Insured loans as FHA guidelines are 3 years
after a foreclosure and a VA loan 2 years after foreclosure. So it may
be easier to purchase than you had originally thought.
We
anticipate interest rates will go up and there are still a lot of
Zombie foreclosures out there, so give us a call and we can evaluate
your credit and loan-ability and we can look at financing you now and
getting you into a home. Call the Radcliffe Group and we can connect you
with Chris Binney of Raintree Mortgage. (702)379-3401 www.DaveRadcliffeVegas.com
(702)379-3401 www.DaveRadcliffeVegas.com---
Increasing Interest Rates Affect Home Ownership and
Affordability---We’ve been hearing a lot about what may happen with
interest rates. Dave Radcliffe of the Radcliffe Group at Keller Williams Realty Southwest Las Vegas speaks to Chris Binney of Raintree Mortgage
on the topic of interest rates. Chris has noted there has been a little
pull back (meaning reduction in rates) that has been great for
purchases and refinances. Changes look to be on the horizon. The Fed is
ready to stop buying all the bonds; and that will cause the rates to
increase. Prior to 2007 the rates were 6%, there is no surprise that it
is going in that direction in the near future. We are anticipating rate
changes by the first or second quarter of 2015 will start moving to
upper 4%’s to low to mid 5%’s. As rates go up, and prices go up, home
ownership will be less affordable for buyers. For Sellers, it reduces
the buyer pool for those who can qualify. Now is the time to sell before
the busy holiday season kicks into full swing. Give us a call to learn
what your best options are for your home sale, purchase, or refinance,
the Radcliffe Group will put you in touch with Raintree Mortgage. (702)379-3401 www.DaveRadcliffeVegas.com
Visitors welcome the arrival of electronic dance music to Bellagio. (Ethan Miller)
Originally created as “a refreshing addition to your entertainment
options, the Fountains of Bellagio were destined to romance your senses. “
Locals and Las Vegas visitors alike are invited to enjoy the “complimentary Las Vegas show of
water, music and light thoughtfully interwoven to mesmerize its admirers. All
for your amusement, the most ambitious, choreographically complex water feature
ever conceived amazes against the beautiful backdrop of Las Vegas' lavender
sky. Each dynamic performance from the Fountains collection is unique in its
expression and interpretation.” It was designed for you to “fall in love with
the stunning nature of this unprecedented aquatic accomplishment while
relishing a clever concert of opera, classical and Broadway tunes.”
Choreographed by WET
Design, the Sun Valley Company that created the water attraction for the Bellagio’s
opening 16 years ago has recently made changes to the lineup at the Fountain
Show. So what are the changes? Artist Tiësto has been added to the mix with progressive
house and trance music, genera that is new to the Bellagio Fountains, but known
well in the Las Vegas nightclubs.
“It is the first time dance music has been used to create a Bellagio
fountain show.” Tiësto, previously known as Tijs Michiel Verwest, a DJ,
Musician and Producer, now goes by his stage name. So who is he? With his music
career beginning in 1997, he released his first solo album in In My Memory
2001. Just after releasing his second studio album Just Be he performed
live at the 2004 Summer Olympics opening ceremony in Athens, he was the first
DJ to play live on stage at an Olympics. In April 2007 Tiësto launched his
radio show Tiësto's Club Life on Radio 538
in the Netherlands and released his third studio album Elements of Life. The album reached number
one on the Dutch album chart as well on "Billboard Top Electronic
Albums" in the U.S. and received a nomination for a Grammy Award in 2008.
Tiësto released his fourth studio album Kaleidoscope in October 2009.” “He
has recently joined the ranks of music legends like Frank
Sinatra, Elton
John, The
Beatles, Michael Jackson, and Elvis Presley as
stars to have their music score the Bellagio fountain show.” You can’t ignore
this wondrous display of talent.
So when does this display of romance and dance wow Las Vegas? The Bellagio
Fountains Show times are listed below. Keep in mind, schedules may vary and shows
are subject to cancellation due to high winds.
Monday – Friday 3:00 p.m. - 7:00 p.m. (show every 1/2 hour)
7:00 p.m. - 12:00 a.m. (show every 15 minutes)
Saturdays, Sundays* and Holidays 12:00 p.m. - 7:00 p.m. (show every
1/2 hour)
7:00 p.m. - 12:00 a.m. (show every 15 minutes)
*On Sundays Fountain show times begin at 11 a.m. and run every 15
minutes (for the Fountains Brunch at Jasmine.)
Customer
service? Where did it go? It’s like a lost unicorn? I said, where did
it go? Is it an endangered species? I don’t know. It’s the customer
insult department. It’s perpetual hold. It’s a disconnection. It’s a
constant upset. It’s incredible!
But not here! With Dave and the
Radcliffe Group of Keller Williams Realty Southwest Las Vegas at your
service you can expect nothing but the best! It’s the return of the unicorn! We have a great team committed to customer service with high quality lenders and vendors from Title & Escrow Services to Loan/ Mortgage Services and Home Inspection Services. We won’t tolerate bad customer service.
For
the high quality customer service you deserve and expect, contact us;
we would love to be of service and earn the opportunity to meet and
exceed all of your real estate needs and goals in Las Vegas, Summerlin, Centennial Hills and North Las Vegas. And if you are relocating out of area, we can refer you to our trusted unicorn friends. (702)379-3401 www.DaveRadcliffeVegas.com
(702)379-3401 www.DaveRadcliffeVegas.com---Dave Radcliffe of
the Radcliffe Group of Keller Williams Realty Southwest Las Vegas and ChrisBinney of Raintree Mortgage and they are here to simplify real estate and share
with you this great mortgage application that was created to help you on the
go.
The good news is that the licensed mortgage professionals at
Raintree Mortgage have the experience and industry insight necessary for
funding home loans in today’s lending environment. Apply Today and Lock In Your
Low Mortgage Rate with the Raintree Mortgage App.
Pay less interest over the life of your loan and find out
how low your mortgage rate can be. Take advantage of our amazing client
service, and see how much you can save. Since there are so many components to
the mortgage process, we have taken special care to organize the most important
qualifying steps, lending frequently asked questions, home buying and mortgage
processes.
Super priority lien extinguishes first deed of trust
What does this mean? In short, taxes, sewer, trash and
homeowners associations have a priority status over other liens. The
Supreme Court just ruled this extended to mortgages. We have our
attorney groups looking at this issue and expect to have a video out on its impact later week but here is the implications in a nutshell.
Investors
have been buying properties that homeowners associations are
foreclosing on at the courthouse steps for a fraction of what they are
worth. Generally the sales price is the amount owed to the homeowners
association. They have then been filing actions to quiet title in the
District Court. When the banks did not respond, they were awarded the
property despite large mortgages still being owed on them.
What
the court has ruled is that this is proper. The HOA does take priority
over the mortgage and that all that was required to stop this from
happening was for the mortgage holder to pay up to 9 months back HOA
dues as that is all that can be recovered.
Expect
quite a bit of fallout for this as it was unexpected. Lenders could
require impound accounts for HOA dues or make some other changes to
their lending practices. We've not found the banks to be responsible so
their could be a knee jerk reaction as well. Its just very hard to tell.
At minimum, this will have repercussions until a solution is found and
it could easily be legislation, as a prominent long time attorney told
me this morning.
Las Vegas Real Estate Centennial Hills Market Update
(702)379-3401 www.DaveRadcliffeVegas.com-- David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest brings you a real estate market update for the Centennial Hills area of Las Vegas. We have a large presence in the area and consider ourselves as Centennial Hills experts.
There have been recent concerns with the summer monsoons of recent flooding in the Centennial Hills area. Earlier this year (March 17th, 2014) there was as flood project that began and will wrap up in the next 60 days or so, connecting the flood channels. So it should minimize the flood issues in the area.
Centennial Hills, Las Vegas Home Prices
We are looking at a 90 day absorption rate in the area, with a brisk summer selling season. 463 active properties in the area, 299 homes are in contract, 152 homes sold in the Centennial Hills area last month. 449 homes sold in the last 90 days.
Currently there is a lot of new home construction taking place in the area. DR Horton, Lennar, Richmond, Harmony and Pardee homes are great options. Allow us to help represent you with the builder; don’t take the chance of going in unrepresented. It does not cost you a dime to be represented by a Realtor in a new construction home purchase and we can help with the negotiations.
The Radcliffe Group Introduces Wes Friedman with Southern Fidelity Mortgage
(702) 379-3401 www.DaveRadcliffeVegas.com--- Dave Radcliffe of the
Radcliffe Group of Keller Williams Realty Southwest, introduces Wes Friedman with Southern Fidelity Mortgage. Wes is one of our preferred
Lenders and Video Sponsor. Wes makes sure he is available to guide you
through the lending process and has been in the industry for 12 years.
Accessibility is important and that is his commitment to you. Connect
with Wes by visiting Dave's site at www.DaveRadcliffeVegas.com
Summerlin
Las Vegas Real Estate and Local Market Update
(702)379-3401 www.DaveRadcliffeVegas.com---Contact us for all of your local Summerlin real estate needs. We update you monthly and as new information is released for the Summerlin area with videos on statistics and community information. Subscribe to our YouTube Channel for the latest updates direct to your inbox.
DownTown Summerlin Project
The DowntownSummerlin project is in full swing and there are new jobs that are forming in the
area with a recent job fair and now Allegiant Air has announced its move to Summerlin
at 1201 North Town Center Drive. Occupying 120,000 square feet of building space
on 2.5 acres Allegiant is moving their whole operation (including their Air
Operation Center). This will bring 700 employees to the local area, which is great
for local business. The Downtown Summerlin Project is almost ready to open (with
a target date of mid-October) there will be 125 new stores. They just held a job fair and that
will bring in additional business growth in Summerlin.
Local
Summerlin Real Estate Market Statistics are showing a very strong market with 489
active homes; 240 contingent/ pending homes; and 153 homes sold last month in
the Summerlin areas. That means there is a 90 day absorption rate; translating
into a brisk and really strong market.
Toll Brothers: Montectio, Santaluz, and Vista Dulce projects have opened up with
prices starting in the high $200K’s-500K‘s. The Alta and Desert Foothills areas
have 6-7 new home construction builders that are currently developing land, and
these neighbors are definitely worth checking out. Keep in mind, when you visit
new home construction it is important to have an agent represent YOUR specific needs
and the sales staff in the model homes represent the BUILDER interest. They can
legally represent under dual agency, but why would you want someone working
both sides? The Radcliffe Group works specifically for you when representing YOU
in a new home purchase; so utilize our services and let us negotiate the best
price and terms possible with your new construction home purchase. So, contact
us today at (702)379-3401 www.DaveRadcliffeVegas.com
for all of your real estate needs.
(702)379-3401—www.DaveRadcliffeVegas.com—
David Radcliffe of the Radcliffe Group of Keller Williams Realty Southwest Las
Vegas is here to speak to you with a real estate market statistics update.
Updates are recorded as new information is available and released feel free to subscribe to the YouTube Channel for the latest video updates.
We are seeing a lot
of commercial construction throughout the Las Vegas Valley. Specifically, there
is a renovation underway at the Fashion Show Mall. The facelift will completely
change how you walk into the mall off the street, additionally there is a 22,000
square-foot addition in the works with a landscape redesign, five new
restaurant spaces, and cabanas (that will be very similar to The Downtown Summerlinproject), with open air walks, a cloud bar with oval roof and curving glass
walls. Zara department store will triple in size. So, lots of changes and
development to look forward to. We are seeing some nice development on the
strip. We've seen land prices and hotel construction increase, all great for
Las Vegas area.
With regard to market
status, there are a total of 9,520 properties for sale in Las Vegas, Nevada. We're
looking at 7,450 single-family homes on the market, with 1,971 being condos/
townhomes for sale. Additionally, we're looking at 5,600 single family homes under
contract (1,085 of them are condo/townhome properties) A lot of these
properties are short sales and seem to have been on the market forever, so that
skews the numbers a bit.
So here are the numbers
that really matter: 2,443 single-family homes sold last month, with an
additional count of just under 500 condos/townhomes that sold in Las Vegas. So
inventory is sitting at about 3,000 homes on the market (which has been great
for sellers). As you take a look at the toll numbers, we're looking at about 2.5-3
month inventory which is very brisk; and still considered a seller’s market. In
the last 2-3 weeks, we saw a slight slowdown to new escrows being opened and
property showings, very likely, a normal seasonal adjustment due to summer
ending and kids returning back to school.
Wrapping up out
market statistics, is a look at homes that are being foreclosed on. We are
seeing movement on foreclosures, with more coming onto the market. Time will
only tell if this is a trend we can expect from the banks, so we will keep an
eye on them and we will continue to keep you updated.
If
you are looking to buy home in Las Vegas, this means there may be more
inventory coming onto the market soon. This will create a more competitive
market for homeowners looking to sell properties.
If you are looking to buy home in Las Vegas, this means there may be
more inventory coming onto the market soon. This will create a more
competitive market for homeowners looking to sell properties. - See more
at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf
If you are looking to buy home in Las Vegas, this means there may be
more inventory coming onto the market soon. This will create a more
competitive market for homeowners looking to sell properties. - See more
at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf
That
wraps up our real estate market statistics for the month; thank you so much for
watching. If you need more information go to my website or give me call. As
always, we always love to talk to you about all of your Las Vegas, CentennialHills, Summerlin, and North Las Vegas real estate needs. (702)379-3401---www.DaveRadcliffeVegas.com---
(702)379-3401—www.DaveRadcliffeVegas.com—
David Radcliffe of the Radcliffe Group of Keller Williams Realty
Southwest Las Vegas is here to speak to you with a real estate market
statistics update. Updates are recorded as new information is available
and released.
Real Estate Statistics brought to you monthly by David Radcliffe
We are seeing a lot of commercial
construction throughout the Las Vegas Valley. Specifically, there is a
renovation underway at the Fashion Show Mall. The facelift will
completely change how you walk into the mall off the street,
additionally there is a 22,000 square-foot addition in the works with a
landscape redesign, five new restaurant spaces, and cabanas (that will
be very similar to The Downtown Summerlin project),
with open air walks, a cloud bar with oval roof and curving glass
walls. Zara department store will triple in size. So, lots of changes
and development to look forward to. We are seeing some nice development
on the strip. We’ve seen land prices and hotel construction increase,
all great for Las Vegas area.
With regard to market status, there are a
total of 9,520 properties for sale in Las Vegas, Nevada. We’re looking
at 7,450 single-family homes on the market, with 1,971 being condos/
town-homes for sale. Additionally, we’re looking at 5,600 single family
homes under contract (1,085 of them are condo/town-home properties) A
lot of these properties are short sales and seem to have been on the
market forever, so that skews the numbers a bit.
So here are the numbers that really
matter: 2,443 single-family homes sold last month, with an additional
count of just under 500 condos/town-homes that sold in Las Vegas. So
inventory is sitting at about 3,000 homes on the market (which has been
great for sellers). As you take a look at the toll numbers, we’re
looking at about 2.5-3 month inventory which is very brisk; and still
considered a seller’s market. In the last 2-3 weeks, we saw a slight
slowdown to new escrows being opened and property showings, very likely,
a normal seasonal adjustment due to summer ending and kids returning
back to school.
Wrapping up out market statistics, is a
look at homes that are being foreclosed on. We are seeing movement on
foreclosures, with more coming onto the market. Time will only tell if
this is a trend we can expect from the banks, so we will keep an eye on
them and we will continue to keep you updated. If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties.
- See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf
(702)379-3401—www.DaveRadcliffeVegas.com—
David Radcliffe of the Radcliffe Group of Keller Williams Realty
Southwest Las Vegas is here to speak to you with a real estate market
statistics update. Updates are recorded as new information is available
and released.
Real Estate Statistics brought to you monthly by David Radcliffe
We are seeing a lot of commercial
construction throughout the Las Vegas Valley. Specifically, there is a
renovation underway at the Fashion Show Mall. The facelift will
completely change how you walk into the mall off the street,
additionally there is a 22,000 square-foot addition in the works with a
landscape redesign, five new restaurant spaces, and cabanas (that will
be very similar to The Downtown Summerlin project),
with open air walks, a cloud bar with oval roof and curving glass
walls. Zara department store will triple in size. So, lots of changes
and development to look forward to. We are seeing some nice development
on the strip. We’ve seen land prices and hotel construction increase,
all great for Las Vegas area.
With regard to market status, there are a
total of 9,520 properties for sale in Las Vegas, Nevada. We’re looking
at 7,450 single-family homes on the market, with 1,971 being condos/
town-homes for sale. Additionally, we’re looking at 5,600 single family
homes under contract (1,085 of them are condo/town-home properties) A
lot of these properties are short sales and seem to have been on the
market forever, so that skews the numbers a bit.
So here are the numbers that really
matter: 2,443 single-family homes sold last month, with an additional
count of just under 500 condos/town-homes that sold in Las Vegas. So
inventory is sitting at about 3,000 homes on the market (which has been
great for sellers). As you take a look at the toll numbers, we’re
looking at about 2.5-3 month inventory which is very brisk; and still
considered a seller’s market. In the last 2-3 weeks, we saw a slight
slowdown to new escrows being opened and property showings, very likely,
a normal seasonal adjustment due to summer ending and kids returning
back to school.
Wrapping up out market statistics, is a
look at homes that are being foreclosed on. We are seeing movement on
foreclosures, with more coming onto the market. Time will only tell if
this is a trend we can expect from the banks, so we will keep an eye on
them and we will continue to keep you updated. If you are looking to buy home in Las Vegas, this means there may be more inventory coming onto the market soon. This will create a more competitive market for homeowners looking to sell properties.
