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Old 10-31-2009, 10:16 AM
 
Location: Las Vegas
107 posts, read 325,172 times
Reputation: 61
Default Which zip code in Summerlin is more likely to rebound?

Does anyone know? Is it better to stay in 89144, 89145 or the outer villages such as 89135 and 89134?
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Old 10-31-2009, 11:24 AM
 
Location: Kingman AZ
15,387 posts, read 21,475,919 times
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I don't know....but after going into the Costco in Summerlin last week....they can have it all.....absolutely the rudest people I have EVER seen.....
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Old 10-31-2009, 11:58 AM
 
Location: Las Vegas
107 posts, read 325,172 times
Reputation: 61
Yup, Costco can be a zoo with all kinds of pushy people speeding with their carts, cutting you off and blocking traffic. They need to install some STOP signs in there as well as some YIELD signs.
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Old 10-31-2009, 01:03 PM
 
Location: Las Vegas
107 posts, read 325,172 times
Reputation: 61
No stats? Anyone?
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Old 10-31-2009, 02:45 PM
 
1,123 posts, read 1,676,384 times
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You probably will not be able to get a knowledgeable answer until Olecapt checks in here. Any others not in real estate would basically just be guessing. I would say since Sun City comprises 35 miles of 89134 and has hardly seen any foreclosure impact, that 89134 will be the answer. Yet, having that large retirement community there scews all the percentages for that zipcode.
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Old 10-31-2009, 05:02 PM
 
Location: Here and there, you decide.
9,320 posts, read 13,862,487 times
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Quote:
Originally Posted by dynimagelv View Post
I don't know....but after going into the Costco in Summerlin last week....they can have it all.....absolutely the rudest people I have EVER seen.....
wow... i feel EXACTLY the same way... Huge difference between the Summerlin Costco and the one on Decatur
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Old 10-31-2009, 06:36 PM
 
Location: Las Vegas, Nevada
11,253 posts, read 18,737,663 times
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Quote:
Originally Posted by Summerlin View Post
Does anyone know? Is it better to stay in 89144, 89145 or the outer villages such as 89135 and 89134?
That's like asking which horse will win in the third race.

But all of Summerlin will probably recover more or less simutaniously would be my guess.
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Old 10-31-2009, 07:07 PM
 
Location: NW Las Vegas - Lone Mountain
15,758 posts, read 19,193,132 times
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Off hand I would think the segments built in 2004,2005 and 2006. Basically the thought would be that the bounced way high compared to the rest of Summerlin and then plunged way too low. So here at the end of the cycle those places are well below where they ought to be while older Summerlin is much closer to long term trend.

I will try a couple of graphs and see if I can show it.

Recent personal experience looking at low $200K homes would say there is little difference. Newer carries a little value but otherwise they are close to the same. I would therefore think they will behave the same over the next years. The experience though is limited to a rather narrow dollar range.
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Old 10-31-2009, 08:52 PM
 
Location: Silicon Valley
2,400 posts, read 3,830,470 times
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Quote:
Originally Posted by airics View Post
wow... i feel EXACTLY the same way... Huge difference between the Summerlin Costco and the one on Decatur
Wow, I've never experienced any rudeness at the Summerlin Costco. On the roads going there sure, but none in the store itself. Maybe that's because I only go on weekdays in the afternoon. Last time I was there I had a 46" Sony LCD TV and a chairmat on my cart, and the wind was catching the chairmat and trying to knock everything over. A nice person saw my predicament and held onto the chairmat the whole way to my car. Another time I saw an elderly man who couldn't lift his bags of water softener salt from his cart to his car and I helped unload his cart. Maybe it's different on a crowded Saturday afternoon.
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Old 10-31-2009, 10:48 PM
 
946 posts, read 1,215,811 times
Reputation: 439
I am a rank amateur in real estate (as my recent rental experiences have proven), but to attempt to rank one Summerlin zip code in front of another is the the equivalent of measuring angels dancing on the head of a pin--

Although this (pin) point has been lost amidst the relative comparisons regarding customer service in these areas, which at this juncture is probably a more accurate indicator than any official statistics. Nervous and broke people are likely to exhibit more bizarre and tension-filled indicators than happy, well-adjusted people who have their rent paid--but this is all highly speculative, and if I've learned anything in Vegas, it's that anything is possible.

I wouldn't fixate on a zip code at this point. IMHO.
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