Linda Strasberg


Century 21 Aadvantage Gold

Economists generally hold that anything below 15 times the annual rent is a buyer-friendly city

June 8, 2010

www.lindastrasberg.com

Posted by Linda Strasberg. Posted In : Morning Coffee...The Finest Grounds/Las Vegas Real Estate Trends 

 

Las Vegas Reported Negative Yearly Price Change (-1.3%) (May 2009-May 2010)

June 4, 2010
Metro Markets (May 2009 - May 2010)

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Las Vegas reported negative yearly price change (-1.3%). The Las Vegas, Nev. Quarterly REO saturation rate remained high (45.9%), despite a slight 1.5 percentage point improvement from last month's report. However, recent improved price movements in Las Vegas have been sufficient enough to improve yearly losses from -7.2 percent in last month's report to its current -1.3 percent mark.

Gotta Move?  Upside Down?  Your Property May Qualify For A Short Sa...
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Posted by Linda Strasberg. Posted In : Las Vegas Real Estate Trends 

 

Nevada, Arizona, Florida post top state foreclosure rates in April

May 13, 2010


RealtyTrac® today released its U.S. Foreclosure Market Report™ for April 2010, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 333,837 properties in April, a 9 percent decrease from the previous month and a 2 percent decrease from April 2009. One in every 387 U.S. housing units received a foreclosure filing during the month.

“There were two important milestones in the April numbers that show foreclosure acti...


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Posted by Linda Strasberg. Posted In : Las Vegas Real Estate Trends 

 

The risk of continued price declines shrunk in most metropolitan areas...

May 4, 2010

The risk of continued price declines shrunk in most metropolitan areas studied by the PMI Mortgage Insurance Co. — the principal operating subsidiary of The PMI Group.

The report finds that 93%, or 356, of 384 metropolitan statistical areas (MSAs) showed declining risk scores in Q409 compared with the previous quarter, while only one rose and the rest remained unchanged.

“This is a significant change in the outlook for lower house prices, as the past couple of quarters showed a m...


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Posted by Linda Strasberg. Posted In : Las Vegas Real Estate Trends 

 

Las Vegas continues to post the nation's highest metro foreclosure rate

April 29, 2010


They are rolling the dice in Las Vegas these days -- on the casino craps tables but also on foreclosure charts, betting how many more homes will go under.

A first-quarter analysis of the housing market released today by Irvine, CA-based RealtyTrac shows Las Vegas continues to post the nation's highest metro foreclosure rate with one in 28 housing units receiving a foreclosure filing (3.51 percent) -- 4.9 times the national average.

A total of 28,480 Las Vegas housing units received a fo...
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Posted by Linda Strasberg. Posted In : Las Vegas Real Estate Trends 

 
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