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Old 06-20-2013, 01:44 AM
 
2,928 posts, read 3,554,759 times
Reputation: 1882

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If you dislike the town so much then why do you have it in your name?
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Old 06-21-2013, 08:44 AM
 
Location: Vegas, baby, Vegas!
3,977 posts, read 7,642,213 times
Reputation: 3738
Default Las Vegas Real Estate Report

So how are we dewin!

http://iqcust.us/iq_cb_premier_realt...013%281%29.pdf

Its a .pdf

Jonathan
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Old 06-21-2013, 08:53 AM
 
Location: Giethoorn, Netherlands
629 posts, read 1,175,830 times
Reputation: 745
Thanks for that

Wow, some price categories 50% higher than last year!

Time to cash out!
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Old 06-21-2013, 09:05 AM
 
15,867 posts, read 14,495,108 times
Reputation: 11984
Shouldn't this be in the running real estate thread?
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Old 06-21-2013, 09:07 AM
 
Location: Metro Phoenix, AZ USA
17,914 posts, read 43,435,088 times
Reputation: 10726
Quote:
Originally Posted by BBMW View Post
Shouldn't this be in the running real estate thread?
Yes, this will be merged when I can get to a computer to do it.
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Old 06-21-2013, 10:29 AM
 
92 posts, read 114,780 times
Reputation: 72
Quote:
Originally Posted by macgeek View Post
So how are we dewin!

http://iqcust.us/iq_cb_premier_realt...013%281%29.pdf

Its a .pdf

Jonathan
From your posted report;
"Investors remain a dominant force in the market..."

And there you have it. Case closed, there is no housing recovery in Las Vegas, just a greed driven short term speculations.

On $180,000 loan principal, interest, tax and mortgage insurance payment
on 5% down loan is over $1600,00. Who is insane enough to take that risk in today's economy when Las Vegas has the highest unemployment in the country? 80% of locals can't afford $1600 mortgage payment + utility costs and etc.
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Old 06-21-2013, 10:36 AM
 
390 posts, read 756,233 times
Reputation: 456
Anybody else notice that Kevin_nlv is really negative on Las Vegas and real estate in Las Vegas. Jus sayin!
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Old 06-21-2013, 10:42 AM
 
92 posts, read 114,780 times
Reputation: 72
Quote:
Originally Posted by kcoliver View Post
Anybody else notice that Kevin_nlv is really negative on Las Vegas and real estate in Las Vegas. Jus sayin!
You like that investors are distorting our housing market once again?
What is to be liked unless you are a flipper
or a recent speculator/homeowner looking to unload your house to some poor soul and make him financially broke in few years.
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Old 06-21-2013, 11:59 AM
 
Location: ( ͡° ͜ʖ ͡°) (╯°□°)╯︵ ┻━┻ ̡
7,112 posts, read 13,162,924 times
Reputation: 3900
Quote:
Originally Posted by Kevin_nlv View Post
80% of locals can't afford $1600 mortgage payment + utility costs and etc.
Are you one of the 80%?




(╯°□°)╯ ︵ ┻━┻
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Old 06-21-2013, 12:00 PM
 
557 posts, read 793,975 times
Reputation: 545
Investors have been distorting many different markets; from foreign currency to crude oil and anything where money can be made ( capitalism 101 ) .
I purchased from a flipper last summer for around 90 SF and homes in the area are selling for around 150 SF now. It was easy to deal with a flipper and house was in "turn key" condition. I am not an advocate for flippers, but they did perform a service for me with a quick and easy transaction. I am a homeowner, who is going to live out the rest of my life with my family in this house. Even though I am not looking to sell, I enjoy the rise in the value of the house and community so my quality of life is preserved. The rise in property values ensures the "RIFF" "RAFF" is priced out of the small community where I am raising a family.
Quality of life is the priority for me, not the cash.
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