Yearly Archives: 2011

March 21, 2011 - (RealEstateRama) -- The city of Las Vegas in 2006 adopted a policy that all city buildings would be LEED-certified. So far, five projects are under development that are LEED registered, and will have the opportunity to be LEED-certified upon completion. Those projects include:• The Las Vegas Museum of Organized Crime and Law Enforcement

Las Vegas, NV - March 18, 2011 - (RealEstateRama) -- Claremont Information Systems, the real estate industry’s leading provider of distressed real estate data, today announced the launch of its online software system, Short Sale ProLogic. Recently launched in Colorado, this powerful online distressed property tracking tool is now available to real estate professionals in Nevada. It allows first access to nearly 8,039 foreclosures and pre- foreclosures in Nevada.

Washington, D.C. - March 16, 2011 - (RealEstateRama) -- Today, during a news conference call, Nevada Senator Harry Reid and Ohio Senator Sherrod Brown joined by a former homeless veteran to denounce the extreme Republican spending proposal that slashes 10,000 housing vouchers that would keep homeless veterans off the streets next year in Ohio, Nevada and across the country.

Washington, DC - March 15, 2011 - (RealEstateRama) -- U.S. Congressman Dean Heller (R-NV) voted in support of the FHA Refinance Program Termination Act (H.R. 830), which was created by the Wall Street bailout (TARP) and has refinanced only 44 loans nationwide as of mid-February

Las Vegas, NV - March 15, 2011 - (RealEstateRama) -- The Ballen Group, Las Vegas Short sale Specialists use a comprehensive Short Sale System for Nevada Short Sales leading to Greentree Short Sale closing for another Nevada Home Owner

EUGENE, OR - March 4, 2011 - (RealEstateRama) -- Las Vegas real estate professional Don Kuhl has adopted an IDX solution for his real estate website and can now simply and efficiently display thousands of listings on his search page. His custom IDX solution now draws listing data from the Greater Las Vegas (GLVAR) database and integrates it directly onto The Kuhl Group search pages. Home seekers gain the benefit of being able to explore the listings without ever leaving the convenience of the search capabilities Kuhl hosts.

Las Vegas, NV - March 3, 2011 - (RealEstateRama) -- The Ballen Group, a local team of award winning short sale agents in Nevada, who have been specializing in Nevada Short Sales for several years now, have completed a very difficult Las Vegas Short Sale with Chase Bank for the property on Fine Fern in Silverado Ranch. The Bank took a short payoff as the property sold for $84,900 and was originally purchased for over $200,000. The entire process took 92 days from listing to close although The Ballen Group notes that short sales vary on time with each bank, buyer, and seller

EUGENE, OR - March 3, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to announce Shane Nguyen has become the latest real estate professional to join the growing network of agents and brokers that have adopted a customizable IDX solution. As a Las Vegas, Nevada broker, Nguyen has the ability to display and sync thousands of Greater Las Vegas MLS (GLVAR) listings on his website. Potential buyers can now experience an unprecedented level of freedom and search customization by utilizing the immensely helpful tools Nguyen has integrated onto his website

March 1, 2011 - March 1, 2011 - (RealEstateRama) -- U.S. Congresswoman Shelley Berkley (NV) and U.S. Congressman Dennis Cardoza (CA) today announced they would co-chair the Democratic Caucus Housing Stabilization Task Force in the 112th Congress. The two Members of Congress represent regions of the country – Las Vegas and California's Central Valley – that have been ground zero for the housing crisis. The Task Force was first created in 2010 under the leadership of Berkley and Cardoza. This Congress, members of the task force will continue focusing on solutions to the nation's residential housing crisis.

Las Vegas, NV - March 1, 2011 - (RealEstateRama) -- Toni Braxon’s Las Vegas home recently sold as a foreclosure, according to Clark County Records. Toni Braxton, a six-time Grammy winner and her husband Keirston Lewis purchased their Las Vegas home in Henderson, Nevada, for $2.6 million three years ago. Their home was recently foreclosed upon and sold as a bank owned property on September 17, 2010 for $1,060,000.

LAKE TAHOE, NV - February 28, 2011 - (RealEstateRama) -- President and CEO Shari Chase and corporate broker and senior vice president Susan Lowe of Chase International have been notified that their real estate listing "Tranquility" was voted by Unique Homes readers as "Home of the Year" in the $25 million plus category, beating out nine other finalists in the group.To celebrate the glossy magazine's 40th year, Unique Homes editor-in-chief Mark Moffa and his editorial team selected 40 of their favorite listings from 2010. Ten entries were chosen in four separate price categories for a special forthcoming "Home of the Year" section.

LAS VEGAS, NV - February 18, 2011 - (RealEstateRama) -- A local attorney and a mortgage loan officer have been charged with conspiracy to commit bank, mail and wire fraud for allegedly participating in a scheme to obtain mortgage loans from financial institutions using straw buyers and false loan applications, announced Daniel G. Bogden, United States Attorney for the District of Nevada.

Las Vegas, NV - February 14, 2011 - (RealEstateRama) -- Las Vegas, Nevada – Last week, Century 21 President and CEO, Rick Davidson announced that The Myers Team with Century 21 MoneyWorld has won the prestigious Centurion Award for 2010.

Las Vegas, NV - February 10, 2011 - (RealEstateRama) -- The number of Nevada homeowners who owe more on their mortgages than their homes are worth took a huge leap in the fourth quarter of 2010. Nevada currently leads the nation in percentage of mortgages underwater, with a full 67 percent of Nevada homeowners upside down in their mortgages. Nationally, one in four US homeowners with a mortgage are underwater, up from 23 percent in the previous quarter, according to a new report from Zillow. Foreclosure moratoriums and falling home prices are to blame

Las Vegas, NV - February 4, 2011 - (RealEstateRama) -- Many Nevada homeowners have tried loan modification; however, loan modifications just don’t work. Remember that until you have equity in your house, all you are doing is renting. That's correct! You are renting from the bank! There is no reason to pay off $300,000 in debt when the home you bought is now worth $150,000 or less. Most experts predict that it will take 10-20 years or more for the Las Vegas housing market to rebound. It makes rational sense to walk away and get a fresh start. Surrendering a home worth half of what you owe is not a failure, it's a business decision.