12-09-2012, 01:08 PM
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I have seen prices of houses sold for less (than they are suppose to be worth). I don't understand any of it, does it mean the houses are a mess, or what? Are they actually selling lower, or is it just some garbage? Also asking prices seem to be lower. Are these houses short sales, or are they being put up (as someone else suggested, but not answered) for a low price to get people to look at them?
12-09-2012, 01:22 PM
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Quote:
Originally Posted by
kcoliver
I have seen prices of houses sold for less (than they are suppose to be worth). I don't understand any of it, does it mean the houses are a mess, or what? Are they actually selling lower, or is it just some garbage? Also asking prices seem to be lower. Are these houses short sales, or are they being put up (as someone else suggested, but not answered) for a low price to get people to look at them?
Our experience over the past 2 years (ourselves and family) is that decent properties are selling 5-10% over the initial listing price. With the current lack of inventory it can be even more difficult to get your foot in the door, warranting a strong initial offer, and desirable properties are going under contract within a couple of days making it even more challenging.
12-09-2012, 04:51 PM
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Quote:
Originally Posted by
Earlyretirementlv
a huge tax increase ...
You lost me here.
I watch Redfin for listing and sale prices. 89052, 89044, 89074, and 89002 mostly. All show increasing prices at various rates. Sometimes sale prices have outstripped listing prices. If you see more listing prices coming down that might be short sales since they are priced to entice buyers and short sales have taken over from REOs in the past year.
The trend is still up so we will have to wait and see if next year brings the promised deluge of shadow inventory.
12-09-2012, 05:12 PM
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Last edited by modhatter; 12-09-2012 at 05:25 PM ..
12-09-2012, 07:17 PM
Location: Henderson
1,245 posts, read
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Quote:
Originally Posted by
modhatter
First of all, I did not post anything the other day. And then someone said I'm lying. My goodness. What is that all about?
Here's the one at The Lakes:
3304 HAVEN BEACH Way, Las Vegas, NV 89117 | MLS# 1306185 | Redfin
Henderson
98 S URBANA Dr, Henderson, NV 89074 | MLS# 1306371 | Redfin
2808 CAMELBACK Ln, Henderson, NV 89074 | MLS# 1305955 | Redfin
There were some better ones this past week, but they are Pending now.
19 SANDWEDGE Dr, Henderson, NV 89074 | MLS# 1305725 | Redfin
98 S URBANA Dr, Henderson, NV 89074 | MLS# 1306371 | Redfin
What about these.......
2468 OZARK PLATEAU Dr, Henderson, NV 89044 | MLS# 1306324 | Redfin
1779 SEBRING HILLS Dr, Henderson, NV 89052 | MLS# 1306053 | Redfin
3133 GIVERNY BRIDGE Ave, Henderson, NV 89044 | MLS# 1303778 | Redfin
2332 MARTINIQUE Ave, Henderson, NV 89044 | MLS# 1270156 | Redfin
Are they higher or lower than a year ago?
12-09-2012, 07:40 PM
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Quote:
Originally Posted by
modhatter
First of all, I did not post anything the other day. And then someone said I'm lying. My goodness. What is that all about?
Here's the one at The Lakes:
3304 HAVEN BEACH Way, Las Vegas, NV 89117 | MLS# 1306185 | Redfin
Henderson
98 S URBANA Dr, Henderson, NV 89074 | MLS# 1306371 | Redfin
2808 CAMELBACK Ln, Henderson, NV 89074 | MLS# 1305955 | Redfin
There were some better ones this past week, but they are Pending now.
19 SANDWEDGE Dr, Henderson, NV 89074 | MLS# 1305725 | Redfin
98 S URBANA Dr, Henderson, NV 89074 | MLS# 1306371 | Redfin
Well I am not going to drag through them all but Haven Beach is listed at 62 psf. There are three other contingents and for sale in their at 84,94 and 94. There have been 3 sales in that tract since Aug 1 at 103,94 and 82 psf. Then it was listed as a short on Dec 7 and went contingent on Dec 7. Listed and sold by the same agent. You see a pattern here?
Urbana - Short sale. Water damage in the ceiling. No FHA or VA...
Camelback - HUD with no appliances some small damage.
Sandwedge - Sales have been in the high 70s listed at 98.
You ain't doing much of a job at selling your position. There are always a few strange listings...but they do not really prove anything...other than there are a few strange listings.
12-09-2012, 07:46 PM
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Quote:
Originally Posted by
MadManofBethesda
I really don't understand the purpose of this thread. You started a thread two days earlier that asked the very same question.
Quote:
Originally Posted by
modhatter
First of all, I did not post anything the other day . And then someone said I'm lying. My goodness. What is that all about?
WTF do you mean you didn't post anything the other day????
IT'S RIGHT HERE!!!:
Prices now compared to 2010?
And here's the link ---again---to the LVRJ that answered your question about asking prices:
Asking prices for Las Vegas homes rise 13.7 percent - Business - ReviewJournal.com
12-10-2012, 02:04 AM
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Quote:
Originally Posted by
tbill618
You lost me here.
Yes higher interest rates are necessary. We need to destroy the bad debt, private and public.
I think we are debt addicts and need to go through rehab, and I'm choosing 'cold turkey' as a medicine. That is what raising rates does. Let's get the defaulting over with, the bankruptcies over with, so we can actually try to grow the healthy economy again in the future. Higher interest rates are the only thing that will 'dry us out again'. But we have a big problem, our Ben Bernenke is insane to keep interest rates low because higher interest rates make our current MASSIVELY OVERLEVERAGED condition even worse. Yet Ben can't keep interest rates low without more leveraging (buying debt that no one wants). So he is loading up a sinking boat with more weight....and there will be no recovery, to grow income to ameliorate debt until the debt is unloaded first. We can't fly because we're carrying too much debt weight.
We could afford our current debt levels before only through massive bubble making, especially the housing bubble, which made our debts look manageable, since housing was the 'magic income' that made our debts seem reasonable.
We are still massively over-leveraged and unless we all get raises of about 200%, we won't be able to get this boat back up out of the water.
We need higher interest rates and we need to go thru some painful times.
We're so terrified of failure as a culture that we can't bring ourselves to face our own misjudgments - we think being a risk taker is ALWAYS supposed to be rewarded. Time to wake up.
The American Dream is NOT about hoarding money and houses and fantastic images of ourselves as incredible rich entrepreneurs who can never fail, who simply become more and more powerful, more good looking, more energetic and more brilliant for ever and ever - that WAS the American Fantasy.
12-10-2012, 09:41 PM
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Quote:
Originally Posted by
MadManofBethesda
First of all, these are two entirely different subject matters. The earlier post was meant for the Phoenix board. Read my response on that thread. It also was pertaining to 2010 vrs now and the Phoenix Sales Trend since 2010.
The post on this board was speaking of some lower listings I have noticed on Redfin in the last
few weeks . You need to read a little more thoroughly, and not skim the posts before answering or making snarly comments.
12-11-2012, 02:13 PM
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Doesn't this belong in some general economic forum, not Las Vegas?
Quote:
Originally Posted by
Earlyretirementlv
We need higher taxes on the rich, lower government spending and higher interests rates. We need Austria style Austerity in this country. What is Austerity? Austerity is another word for "paying your bills". Learning to live in a budget. Giving up the idea of DEBT .
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Household income diversity
Ratio of average income to average house value (%)
Ratio of average income to average rent
Median household income ($) - White
Median household income ($) - Black or African American
Median household income ($) - Asian
Median household income ($) - Hispanic or Latino
Median household income ($) - American Indian and Alaska Native
Median household income ($) - Multirace
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Median household income for apartments without a mortgage ($)
Races - White alone (%)
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Races - Black alone (%)
Races - Black alone (% change since 2000)
Races - American Indian alone (%)
Races - American Indian alone (% change since 2000)
Races - Asian alone (%)
Races - Asian alone (% change since 2000)
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Races - Native Hawaiian and Other Pacific Islander alone (% change since 2000)
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Races - Other race alone (%)
Races - Other race alone (% change since 2000)
Racial diversity
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Population density (people per square mile)
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Negative test results (Apr 18, 2022)
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Likely homosexual households (%)
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Cost of living index
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Mean house or condo value by units in structure - 1, detached ($)
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Mean house or condo value by units in structure by units in structure - 3 or 4 ($)
Mean house or condo value by units in structure - 5 or more ($)
Mean house or condo value by units in structure - Boat, RV, van, etc. ($)
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Occupied housing units (%)
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Vacancy status - For rent (%)
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Poverty status for native-born residents (%)
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Residents with income below the poverty level (%) - White
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Air pollution - Air Quality Index (AQI)
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Crime - City-data.com crime index (5 year average)
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1996 Presidential Elections Results (%) - Democratic Party (Clinton)
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2000 Presidential Elections Results (%) - Democratic Party (Gore)
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Educational Attainment - No schooling completed (%)
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Urban houses (%)
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Mean number of vehichles in renter occupied houses
Mortgage status - with mortgage (%)
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Mortgage status - with home equity loan (%)
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Average family size
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Geographical mobility - Same house 1 year ago (%)
Geographical mobility - Moved within same county (%)
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Housing units in structures - 1, detached (%)
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Housing units in structures - 2 (%)
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Housing units in structures - 50 or more (%)
Housing units in structures - Mobile home (%)
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House/condo owner moved in on average (years ago)
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Means of transportation to work - Drove car alone (%)
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Industry diversity
Most Common Industries - Agriculture, forestry, fishing and hunting, and mining (%)
Most Common Industries - Agriculture, forestry, fishing and hunting (%)
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People in Group quarters - Institutionalized population (%)
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People in Group quarters - Training schools for juvenile delinquents (%)
People in Group quarters - Short-term care, detention or diagnostic centers for delinquent children (%)
People in Group quarters - Type of juvenile institution unknown (%)
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People in Group quarters - Military quarters (%)
People in Group quarters - On base (%)
People in Group quarters - Barracks, unaccompanied personnel housing (UPH), (Enlisted/Officer), ;and similar group living quarters for military personnel (%)
People in Group quarters - Transient quarters for temporary residents (%)
People in Group quarters - Military ships (%)
People in Group quarters - Group homes (%)
People in Group quarters - Homes or halfway houses for drug/alcohol abuse (%)
People in Group quarters - Homes for the mentally ill (%)
People in Group quarters - Homes for the mentally retarded (%)
People in Group quarters - Homes for the physically handicapped (%)
People in Group quarters - Other group homes (%)
People in Group quarters - Religious group quarters (%)
People in Group quarters - Dormitories (%)
People in Group quarters - Agriculture workers' dormitories on farms (%)
People in Group quarters - Job Corps and vocational training facilities (%)
People in Group quarters - Other workers' dormitories (%)
People in Group quarters - Crews of maritime vessels (%)
People in Group quarters - Other nonhousehold living situations (%)
People in Group quarters - Other noninstitutional group quarters (%)
Residents speaking English at home (%)
Residents speaking English at home - Born in the United States (%)
Residents speaking English at home - Native, born elsewhere (%)
Residents speaking English at home - Foreign born (%)
Residents speaking Spanish at home (%)
Residents speaking Spanish at home - Born in the United States (%)
Residents speaking Spanish at home - Native, born elsewhere (%)
Residents speaking Spanish at home - Foreign born (%)
Residents speaking other language at home (%)
Residents speaking other language at home - Born in the United States (%)
Residents speaking other language at home - Native, born elsewhere (%)
Residents speaking other language at home - Foreign born (%)
Class of Workers - Employee of private company (%)
Class of Workers - Self-employed in own incorporated business (%)
Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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