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Market Conditions

May 13, 2009

First Time Homebuyer Tax Credit Can Be Used As The Downpayment For FHA Loans?

This could be HUGE! Saving for the downpayment to buy a home can be one of the biggest struggles for those who have decent credit, provable income and little or no savings. “Zero Down” is […]
May 6, 2009

Foreclosure Moratorium Ends Without Any Media Coverage – Good News? or Bad News?

Late last year, with lots of fanfare and media coverage, Fannie Mae put a moratorium on new foreclosures. They said they wouldn’t initiate any new foreclosures during the moratorium. The moratorium ended on April 1st. […]
April 30, 2009

Shrinking Inventory and Increasing Sales

I’m really just starting to get back out to look at homes. I did write a few offers during the last 2 weeks, but we got out bid on EVERY SINGLE ONE. Almost every new listing […]
April 6, 2009

A RANT From Uncle Jack

The world is insane. At least the banks are. They don’t get it AT ALL that there’s a difference between houses (all they look at is square footage); there’s a difference between streets (some are […]
February 27, 2009

The Law Of Unintended Consequences

February 22, 2009

A VeryVintageVegas Reader From Charleston Heights Says:

I got this great note by email last night.   I like getting notes like this, for a variety of reasons, as you’ll see. It prompted me to make a “marketing decision” that I’d been […]
January 9, 2009

Dramatic Increases In Las Vegas Home Sales – Especially In Downtown And Vintage Las Vegas

 I’m a lot of things, but statistician isn’t one of them. The last two big posts I did “Four Secrets” and “How The Foreclosure And Lending Crisis Came To Be” didn’t have any statistics or […]
January 9, 2009

FOUR SECRETS YOU OUGHT TO KNOW ABOUT….Reasonably Well Maintained Homes Whose Owners Haven’t Totally Butchered Or Neglected Them

If you’re packing up and leaving Vegas in the next few months or a year, this won’t apply to you, but you’ll find it interesting. It might even tip the scales for you one way […]
January 8, 2009

How The Foreclosure and Lending Crisis Came To Be

For months now, I’ve been hearing CNBC talking heads talk about “Mark To Market” accounting rules and how they should be changed or repealed. None of them ever really explained to me what it means. […]
January 2, 2009

A Case In Point About How The Banks Are Selling Their Foreclosure REO Homes In Las Vegas

I get emails every morning telling me what’s newly listed, newly contracted or newly closed. I have an automatic search set up for almost every neighborhood that I pay attention to. The Marycrest – Crestview – Morning View […]