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Las Vegas Real Estate News

There is no better time to take a vacation than the summer. The children are out of school, the weather is warm, and the days stretch long in laid-back beauty.

In preparation for your trip, you have placed a hold on the mail and stopped newspaper delivery, but is your house really secure from criminals looking to prey upon your untended home?

It is true that newspapers collecting in the driveway or packages on the front porch can signal your absence, but there are additional steps that any homeowner should consider to avoid opening the doors to criminals.

1. Keep Mum on Your Travel Plans: Sure, you are excited about your vacation, but there is no need to let the world know where you are going or how long you will be away. As tempting as it may be,

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PHAT PACK Las Vegas showsHaving lived in Las Vegas for more than 30 years, we are pretty darned spoiled when it comes to quality world-class entertainment. Whenever we go on a cruise, we seldom go to the “shows” because they don’t even come close to what we have on the Vegas Strip. We are true “show snobs.”

So when my husband asked a few days ago if I wanted to go down to the Union Plaza to see a show called “THE PHAT PACK,” I was hesitant. I had never heard of the show, and, even in Vegas, some of the smaller showrooms have truly subpar performers.

The show’s background:

Ted Keegan played “The Phantom” in Phantom of the Opera on Broadway.  Randal Keith played “Jean Valjean” in Les Miserables on Broadway. Bruce Ewing played “Jinx” in Forever Plaid (one of my husband’s all

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Latest released statistics show that the Las Vegas real estate market is still 24% BELOW where it should be based on total economic indicators. These economic indicators take into account average local income vs housing costs and rent ratios, Experts believe that even with a 31% appreciation rate over the past year, property prices will continue to increase steadily until Vegas reaches its true market value in another year or so. Resale prices are considerably below the costs of new home construction and demand is far outstripping supply.

Below is a chart showing the top ten most undervalued real estate markets across the United States. All the other areas are centered in the midwest and Florida, making Las Vegas by far the best housing value on the

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As the old saying goes, the early bird gets the worm. But if you are a consumer using one of the national real estate sites like Zillow, Trulia, Homes.com, Redfin or Realtor.com to find a home, not only are you missing out on a gourmet breakfast, you are actually paying through the nose to go hungry!

As agents, we get requests all the time to "check out" properties that prospective clients have found on one or all of the sites above. They have just spent hours upon hours perusing the web looking for the right deal.

What the average buyer fails to realize is that these 3rd party national sites only get updated every five to seven days!

This means that even in a "buyer's market," by the time the best deals are listed on the national sites, they

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Three gorgeous model homes are up for sale this weekend in the southwest community of Mountains Edge in Las Vegas. These homes come loaded with upgrades and are fully landscaped and ready for move in. Let us know right away if you would like an appointment to see one of these beauties, as the model home park is closed. Give us a call at 702-985-7654.

Model #1 Priced at $256,896

Mountains Edge Model Home for Sale

 

 

 

 

4 bedrooms, 3 bathrooms, 2 bay car garage – 1,852 square feet

Options Included: Granite Counter-tops, 42”birch cabinets, side-by-side stainless steel refrigerator, front loan washer dryer, security system, upgraded stair rail, upgrade interior paint, upgraded flooring, BBQ stub, window coverings, backyard landscaping, large lot—30 feet deep!! This house

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Each year the Las Vegas Business Press ranks various businesses by category for the tops in their field. We are proud and pleased to announce that in 2012, The Tonnesen Team of Prudential Americana Group Realtors ranked #2 for the entire Las Vegas Valley in residential real estate for gross sales volume, closing 260 successful real estate transactions and more than $45 million in sales. 

We couldn't achieve this level of success without our previous clients: their repeat business and their referrals are our greatest testimonial. Thanks so much to all our loyal fans that made our success possible!

Top Las Vegas Real Estate Agents in 2012

 

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Here is the March 2013 real estate update for the Las Vegas market by the corporate broker of Prudential Americana Group Realtors, Forrest Barbee. In this video, Forrest explains why short sales are declining and traditional sales are increasing, and what to expect for the near future for Las Vegas housing.

Bank owned foreclosures have pretty much leveled off, but short sales are beginning to plummet in earnest.Single family short sale closing prices were the only ones to lose ground from February. But the closing price of a traditional single family residence is up 10.5% from the previous month. In fact the average sales price per square foot for the traditional sale was $102 per Sq.Ft. in March.

 

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Check out our newest listing - brand new on the market today and value priced at only $215k!

Homes for Sale in Solera Anthem - Henderson NevadaAbsolutely gorgeous MINT CONDITION Solera Whitney model in Anthem - Henderson, NV! Bright and airy 1596 sf one story with great room floor plan, tile floors and upgraded carpet, spacious island kitchen with corian counters, two large bedrooms plus an office/den, two baths and two car garage. Light neutral decor with plantation shutters and fans throughout.

Fully fenced, impeccably landscaped pool sized yard with covered patio, planters, flowers, mature shade trees, and low maintenance artificial grass. Washer/Dryer Refrigerator included!

Plus the upscale retirement community of Solera offers a terrific resort clubhouse with bocce ball courts, indoor pool and

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The results are finally in for 2012! Below is a map of real estate appreciation throughout the Las Vegas Valley of homes sold and closed by individual zip codes.

Keep in mind that this map represents appreciation for both single family homes as well as condos. Single family homes for sale in Las Vegas appreciated quite a bit more last year than condos did. Separated out, single family housing actually appreciated almost 20% overall in Vegas during the past year. (Condo associations are still struggling with the burden of unpaid association dues from homeowners that are in foreclosure. Since the homeowner associations have to rely heavily on these dues to maintain the master development, buyers are still a bit shy about purchasing condos in the event

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