Monday, September 15, 2014

Summerlin Las Vegas Real Estate and Local Market Update



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.


Las Vegas Summerlin Real Estate  Market Statistics

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.

Summerlin New Home Construction

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. 


Written by Nickel Lowman
 (702)379-3401
www.DaveRadcliffeVegas.com

September Update 2014 Las Vegas Real Estate Market Statistics


(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.

Las Vgeas Real Estate Statistics
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.
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, Centennial Hills, Summerlin, and North Las Vegas real estate needs. (702)379-3401—www.DaveRadcliffeVegas.com
- 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.

Las Vgeas Real Estate Statistics
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.
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, Centennial Hills, Summerlin, and North Las Vegas real estate needs. (702)379-3401—www.DaveRadcliffeVegas.com
- See more at: http://daveradcliffeltd.com/526/#sthash.A1Ihgn9z.dpuf

Wednesday, September 10, 2014

Fighting the Fire and Serving Las Vegas Fire Fighters



702-379-3401--- Employed in a career in as a Fire Fighter, Are you in Rescue? Maybe you are in Law Enforcement as a Police Officer, Corrections Officer or Reserve Police Officer, Serving in the Military? The Radcliffe Group at Keller Williams Realty Southwest in Las Vegas, Nevada is here to serve your real estate needs. Experience over many years has demonstrated as the team leader of the Radcliffe Group, and as a past commissioned contract negotiator, retired police officer after 27 years with Las Vegas Metro Police Department (LVMPD) and the Illinois State Police, I understand contracts, time restraints, what it takes to be on duty, privacy/safety concerns, shift work and obstacles that come up and wanting the best for yourself, your family, and community. We will work with you and the provisions allotted for your relocation expenses or home ownership goals to develop a plan in accordance to your budget and dreams.

I can relate to your needs and am here to serve as I believe in giving back how I can. Fire Fighters never pay a full commission when you work with us, and we offer Fire Fighter discounts for mortgage services through our preferred partnerships.

Thank you for your trust and for protecting our cities The Radcliffe group looks forward to hearing from you and servicing your real estate needs.www.DaveRadcliffeVegas.com

Written By Nickel Lowman
www.DaveRadcliffeVegas.com
 702-379-3401

Monday, September 8, 2014

Farmers Market at the Fort

Buy Local. Eat Fresh.

Farmer's Markets reflect local culture and economy, the purpose of a physical retail market is to feature foods sold directly by farmers to consumers. Farmers' markets typically consist of varying vendors and local products.

The aroma of fresh cut flowers and herbs will fill the air at The Fort, join Cowboy Trails Farms at the Old Las Vegas Fort, this coming Wednesday September 10th from 2-6pm and fill your basket with fresh produce, and farm fresh eggs, herbs and organic specialty items. There are crafts for the kids and recipes that will keep your weekday dinners interesting.

While on site for the Farmer's Market, tour the Mormon adobe fort, that was established more than 150 years ago that is now part of the Nevada State Parks and is remnant of the original adobe fort, which contains interpretive displays. The Visitor Center contains exhibits on the history of the site original , as well as historic artifacts of the period. Historic interpretation is important and will remain the focus of the park even with events such as the Farmer's Market. The Old Las Vegas Mormon Fort is located in downtown Las Vegas, at the intersection of Las Vegas Boulevard and Washington Avenue.

Written By Nickel Lowman

Friday, September 5, 2014

Real Estate for Law Enforcement



702-379-3401--- Employed in a career in law enforcement as a Police Officer, Corrections Officer or Reserve Police Officer? The Radcliffe Group at Keller Williams Realty Southwest in Las Vegas, Nevada is here to serve your real estate needs. Experience over many years has demonstrated as the team leader of the Radcliffe Group, and as a past commissioned contract negotiator, retired police officer after 27 years with Las Vegas Metro Police Department (LVMPD) and the Illinois State Police, I understand contracts, time restraints, what it takes to be on duty, privacy/safety concerns, shift work and obstacles that come up and wanting the best for yourself, your family, and community. We will work with you and the provisions allotted for your relocation expenses or home ownership goals to develop a plan in accordance to your budget and dreams.

I can relate to your needs and am here to serve as I believe in giving back how I can. Law Enforcement Officers never pay a full commission when you work with us, and we offer law enforcement discounts for mortgage services through our preferred partnerships.

Thank you for your trust and for protecting our cities The Radcliffe group looks forward to hearing from you and servicing your real estate needs.www.daveradcliffeltd.com

Wednesday, September 3, 2014

How exciting is inspiration in the old and tired?



How exciting is inspiration in the old and tired?

Last week as summer vacation came to an end for many of my closest teacher friends, we celebrated with a girl’s night on the first day of school with an annual dinner out; to catch up and say goodbye to the lazy days of summer. I can say, my summer has been all but lazy beginning a new business and doing all the things I love.  There’s a Swedish proverb that says “A life without love is like a year without summer.” Well, a few summers back, I found a new love; now one of my many loves. No, it’s not a person; it’s renewing and re-purposing random things into something new again. So, you ask, how does re-purposed junk fit into last week’s dinner plans?

As we dined at Yard House, one of our favorite local hang outs for happy hour at Town Square, I was a bit distracted. With lots going on in my mind, life and business, I had an unusually hard time focusing on some of our conversations. (I was really surprised with where my mind was that night.) It wasn’t until after we made a trip to Yogurt Land, that my brain began to wind down. It wasn’t until we walked into ARTIFACT, that it actually forgot there was even anything to think about. At that moment and for a good hour or so as we shopped, I had mastered life’s chatter.

ARTIFACTis a creative boutique featuring one-of-a-kind, aesthetically pleasing, re-purposed and up-cycled home furnishings, clothing and other unique products. Their eco-conscious offerings are hand crafted by talented local artisans as well as artisans from across the United States. I fell in love with this little boutique. It’s reminiscent of a little place I visited in Laguna Hills a few months back. 

ARTIFACT is also of similar style, to a shop I hope to one day run, at a retreat-style bed and breakfast that supports my dreams of a running a non-profit organization (that is created to empower and ignite the life back into those who have been diagnosed with a terminal illness and have given up on living the life of their dreams) To me, giving up on your life and dreams is similar to the old junk we toss into the garage (thinking it will be used again) to one day be sold at a yard sale or donated to the Goodwill, but instead sits and collects dust. An example of this is the old trophies we have won over the years; at ARTIFACT, they are turned into fancy Wine Toppers.

As I browsed the store with two of my friends, I found myself laughing constantly and saying “look at this”, “oh-my gosh; isn’t this cute”, “he/she would love this”, “how much is that”, “did you see this”? If I hadn’t noticed the friendly smile of the woman behind the counter when I picked up some of the greeting cards, I may have never known she was the local artist, HeatherRichileau who created them. We chatted and I asked about their price, and she shared how she was inspired to create them and that all the items in the store have similar stories. 

How exciting, is inspiration in the old and tired? Tonight, at ARTIFACT, there is a champagne and shopping event that starts at 7:00pm to celebrate the accomplishments of HuilinChen, the Junior League of Las Vegas 2014 Fashion Forward Winner as she premiers her fall 2014 collection. Join ARTIFACT and support local artist by frequenting this lovely gift shop and boutique; you will find many one of a kinds. Her designs are unique and exciting she was recently featured in the Las Vegas Review Journal and was noted as the “Whimsy” of Las Vegas.

As I build my blogging, social media and website enhancement business, I know that it is a vehicle that will lead me to my own little gift boutique one day. Currently, without a shop front, I display some of my own artistically repurposed and handcrafted items on my own website www.ArtsyOccasion.com and will build my Etsy shop that will one day be overflowing with one of a kind gifts that will support my bigger goals and when the time is right, all of the pieces will fit into the perfect puzzle, after all, I dreamed it up in a local Life MasteryRetreat (an amazing 2.5 day leadership course). So, as the summer comes to an end, and the evenings turn cool, many of my happy hours will be spent creating and repurposing new artifacts of my own. Enjoy the last days of summer Vegas and check out ARTIFACT and some of the other cool events like First Fridays Downtown, this coming weekend.


Written by Nickel Lowman