True Organic Growth – New Babies @ RE/MAX Advantage

Conratulations to Joey Wakeen & Roger Davis on the brith of their baby son – Asher. Joey and Roger work in the Summerlin office. Not to be outdone, Mike Embury of the Anthem office and his wife Susan gave brith to the first child – Sagan last week. We are proud to have such productive Associates on and off the field.

Congrats to our own Tom Rucci for being named #GLVAR Realtor of the Month at this past Luncheon.

#REMAX RSN camera man Mark Ricardi in #LasVegas today to film & interview us. Talking about #socialmedia, property mgmt, agent education.

Appraisers! The market recovery is in your hands. 13% increase in condo prices since June – all cash. Nothing in SF – mostly loans.

Where did the FOR SALE Las Vegas Homes Go?

Reposted with permission from Writer/Owner;

Here is an update to the state of the greater Las Vegas market.  We continue to experience an artificial shortage of available homes for purchase.   Our own market tracking here at RE/MAX Advantage reports as of 10/20 there were only 8076 single family homes on the market.  46% of those were short sales, leaving a little over half of the inventory to be REO (bank owned) 18% and the remaining owner occupied or corporate owned.   This translates to about 4000 homes available for purchase with an option to close in 30 to 45 days for buyers in the market place.  With 3127 detached homes closed in the last 30 days, and just over 4000 homes available for traditional closing timelines, the market is ULTRA tight for those…click here to read the rest of this important post