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Inventory Falls ----- Homes Prices Rises ---- Notices of Defaults Falls -- Existing Homes Sales Rises ---
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According to Greater Las Vegas Association of Realtors (GLVAR) Sales/Market Statistical data, 83% of homes listed in Las Vegas, NV are sold this year. For Condo/Town-homes, it is 86% of units listed have sold this year. Four years ago, 2008, these percentages were 41% for SFH and 28% for condo/town-home. This statistical data shows once again that we are facing a Seller's market. See my blog on
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The median list price in North Las Vegas, NV for single family homes this week is $118,00 and $58,200 for condos and town-homes. Up from 115,888 and 54,950 respectively. Las Vegas median list price is $165,000. This is the upward pricing pressure mention in my first, North Las Vegas, Week-N...
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Fort Thomas Ranch Homes have been quite an active market during the past 12 months. The current months of housing supply (absorption rate) is just under 3.5 months. 46 ranch homes have sold during the past year, 17 single family ranch homes are currently on the market. The current median sale price for Fort Thomas Ranch Homes is $148,000 and the median list price is currently $174,950. This ranch home market in Fort Thomas, KY has a lot of activity.
Eric J. Barth 859-912-2104
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Any deal signed with a lender after a foreclosure mediation session could be enforced and foreclosure proceeding halted. Las Vegas, North Las Vegas, Summerlin, Henderson, and surrounding com...
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With today's high unemployment rate there are so many people out of work, but it’s especially bad for kids aged 18 – 24. In April 2012, statistics show that unemployment for kids aged 18-24 is over 45%...
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North Las Vegas was one of the hardest hit areas in the state, as well as, in the country with foreclosures. It lead the country for several years with zip codes in the top ten for the most foreclosed homes. Well, the foreclosure inventory is shrinking fast according to Greater Las Vegas Association of Realtors Multiple Listing Service (MLS). The MLS is currently reporting 1775 homes forsale in North Las Vegas. There are 821 normal homes for sales, 682 short sales,and only 272 foreclosure hom...
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The City of Florence, Kentucky has a population of just under 30,000 people. Florence is located within 20 miles of Downtown Cincinnati, Ohio, minutes to the International Airport and has direct access to Interstate 75/71.
Over 400 homes are available on the market today in Florence. Bi-Level homes have 18 properties currently listed with a median sale price of $106,300 and a median list price of $119,900. 60 Bi-Level homes have sold during the last 12 months. The typical list to sale p...
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Covington, Kentucky is located on the far northern tip of Kenton County directly across the Ohio River from Downtown Cincinnati, Ohio. Covington Condominiums can be found from below $100,000 up to several million dollars. Developments such as the Ascent at Roeblings Bridge, Rivercenter Place, The Views and The Bluffs offer panoramic Skyline views of Downtown Cincinnati and the lower basin of Covington, Kentucky. You can also find old fashioned row homes built early in the last century that ha...
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Session 2 of Real Estate Web Strategy Success takes place this coming Friday, March 23rd, and focuses on the topic of "The Fundamentals of your Web Container." What everyone calls Websites I call 'Web Containers' in order to convey to Real Estate Brokers and Agents the message that the tools and ingredients that are integrated within your container will either build your long term visibility or will make it nonexistent.
The 4-session series, Rea...
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The market conditions for Multi Family property in Bellevue, KY has been impacted by tight lending parameters for non-owner occupied property in recent years. The lack of sales make it difficult to assess the market. I have located 6 sales during the last 12 months and 8 active listings currently available on the market. The median sale price for the 6 sales is $110,000 and the current median list price is $134,900. The current months of housing supply (absorption rate) is just over 2 years (...
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Covington, KY has seen 186 single family homes sold during the past 12 months. The median sale price is currently $28,875. 186 single family homes are currently available on the market. The current median list price is $59,800. The months of housing supply is just over 11 months. The typical list price to sale price percentage is 90.76%.
Covington's housing market is still heavily influenced by distressed sales (foreclosures and short sales). The median sale price has been stable over t...
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Of four strategies for long-term investment, which do people believe are the best: Bonds, Stocks & Mutual Funds, Real Estate, or Savings Accounts?
According to a 2009 Gallup Poll, most people felt a Savings Account was best for long-term investments. Surprisingly, even in the height of the housing crisis, almost as many people believed investing in Real Estate was best for a long-term investment. And, twice as many people felt Real Estate was a better long-term investment than Bon...
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Laurel short sale agent Steve Queen offers all potential home s...
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