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Category Archives: Las Vegas Luxury Real Estate

REAL ESTATE BIDDING WARS ARE BACK!

May 08, 2012
What?  That’s was so 2005.  But, yes, real estate bidding wars are back in Las Vegas!  The inventory of homes for sale without a contingent or pending contract has shrunk to an approximate one-month s ...
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Housing has found the bottom

Apr 20, 2012
The debate rages over whether housing has found the bottom. Of course, the debate will continue because markets are localized and segmented by price ranges and neighborhoods. While existing home sales ...
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Luxury Homes of Las Vegas is set for a recor...

Mar 28, 2012
Luxury Homes of Las Vegas is set for a record closing month in March 2012! We will close nearly $10 million in Las Vegas luxury real estate for the month with 14 total closings. The highest sale for t ...
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Hot Home Styles

Feb 23, 2012
Modern is in.  Luxury homeowners are seeking a spa-like look that is analogous to modern.  Modern luxury styleallows for free flowing entertainment spaces, floor to ceiling sliding glass disappearing ...
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Predictions for 2012

Jan 09, 2012
Happy New Year and may 2012 be your best year ever!  The Las Vegas luxury home market continued to add to its decline in 2011.  We had pricing pressure in the luxury home market throughout Las Vegas a ...
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The Agonizingly Slow Recovery

Dec 08, 2011
The patient is the Las Vegas luxury real estate market.  The patient is very sick.  But, at least the patient is not getting worse.  In fact, he’s getting better.  But, getting better is a long ...
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Saving to Invest in Homes Again

Oct 28, 2011
Since the financial crisis of 2008 Americans are socking away some $600 billion in annual savings a year!  Many Americans are deleveraging, downsizing and living a more financially cautious lifestyle. ...
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Teamwork!

Sep 14, 2011
Perhaps you’ve heard the saying, “there is no ‘I’ in team.”  I am blessed to have quite a team working here at Luxury Homes of Las Vegas.  These amazing women are constantly going above and beyond the ...
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The Best Las Vegas Luxury Neighborhoods

Sep 07, 2011
My informal survey is complete and the best luxury neighborhood in Las Vegas today is The Ridges!  The Ridges at Summerlin has some impressive qualifications including the highest priced luxury home s ...
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What is the luxury home Buyer searching for?

Aug 07, 2011
The Las Vegas luxury home buyer can have discriminating tastes and high standards in their luxury home search.  What are they really searching for?  I find it interesting to note what terms they searc ...
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9 of 10 Americans value home ownership

Jul 15, 2011
Americans still view home ownership as the American Dream. With nearly 25% of home owners at the present time owing more on their homes than they are worth, 9 of 10 Americans polled still see the valu ...
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Luxury home sales still happening in Las Veg...

Jun 07, 2011
The headlines and stories are all doom and gloom.  Despite all this, luxury home sales in Las Vegas are still happening every day!  In May, there were 8 closed sales on homes over one million dollars. ...
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New QR codes for luxury home marketing

May 29, 2011
Have you noticed the square bars in magazine advertisements lately?  They look like square bar scanner codes.  These are QR codes or Quick Response codes.  They are free to create through various webs ...
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International Buyers

May 18, 2011
I was just interviewed by Swiss TV, who traveled to Las Vegas to find me.  They broadcast in three languages in the country of Switzerland.  A few months ago, BBC Radio also came to Las Vegas to spend ...
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Las Vegas Luxury Market Statistics

Mar 11, 2011
Spring is upon us in Las Vegas!  75 degrees, how very nice.  In January we had nine luxury home sales close for over $1,000,000.  In February, we had 11 luxury home sales close for over $1,000,000.  B ...
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Go Green – use the new Nevada Energy Consump...

Feb 21, 2011
Beginning January 1, 2011, the seller of residential property is required to provide the buyer with an energy consumption evaluation form published by the Nevada Energy Commissioner. The evaluation fo ...
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Luxury Real Estate Improving

Jan 31, 2011
I recently returned from a Vail, CO ski trip and the local media reported that the sale of luxury real estate there was up over last year.  Luxury sales were nowhere near there 2007 or 2008 high, but ...
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Reasons it still pays to buy a home

Jan 09, 2011
The past few years has brought many negative real estate articles and even so called experts that say it is no longer wise to own real estate.  All these negative articles usually signala market botto ...
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2011 A New Year!

Jan 03, 2011
Happy New Year to all our clients, friends, past customers and blog readers!  2010 certainly brought challenges to the luxury real estate market in Las Vegas and 2011 will continue to bring an environ ...
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Quality, Quantity & Spirit

Dec 08, 2010
Our mission at Luxury Homes of Las Vegas is to provide the highest Quality, Quantity and Spirit (QQS) of real estate service possible to our clients and the community.  This is a philosophy that works ...
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Luxury Sale!

Dec 03, 2010
On November 30, 2010 I closed escrow on a stunning luxury estate in Promontory at The Ridges for $4,361,5000.  You can view a virtual tour and photos on my website, look for 7 Golden Sunray under feat ...
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Santa Clause Rally?

Nov 18, 2010
Since the election November 2, 2010 we have been extremely busy selling luxury homes here in Las Vegas.  We have sold two luxury estates over $4 million (one in The Ridges and one in Summerlin) and se ...
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3rd Quarter 2010 Luxury Market Report

Oct 26, 2010
Luxury Homes of Las Vegas just released their 3rd quarter luxury real estate market report.  Luxury homes selling at or above one million dollars were down by 14% over the same period last year.  Luxu ...
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World Champions

Oct 13, 2010
Tonight the world champion Los Angeles Lakers are in Las Vegas for a pre-season NBA basketball game.  Since I too have a team here at Luxury Homes of Las Vegas, I’d like to reflect on some of th ...
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Time to buy luxury custom homesites?

Sep 30, 2010
The luxury custom homesite market has not escaped the recession and there are many bank owned lots in some of the premier communities like The Ridges.  I just sold a 1/3 acre golf front homesite to on ...
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Luxury Homes of Las Vegas includes Equestria...

Sep 16, 2010
Luxury Homes of Las Vegas is pleased to offer you our expertise in the field of fine equestrian properties and land. Let us help you find the horse property of your dreams or the land to create one! C ...
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When will appraisers get it right?

Sep 10, 2010
In the past three months I have sold five properties where the appraisal has not come in at the agreed upon sales price.  Thus far, we have managed to close four of them by getting the buyer to agree ...
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Most Dependable Luxury Real Estate Professio...

Nov 13, 2009
Dear Luxury Home Buyers and Sellers, Whether you are buying or selling, today’s luxury real estate market demands that you choose a professional with knowledge, experience and dependability. You owe y ...
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Las Vegas Luxury Real Estate

Oct 06, 2009
The Las Vegas luxury real estate market has some positive signs and some negative signs presently.  The good news is that sales are happening.  In fact, I just sold another The Ridges estate that was ...
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Tone Up Your Negotiations

Sep 14, 2009
Luxury Home negotiations are more favorable in an atmosphere of mutual cooperation with an emphasis on strategies over tactics; however, it’s still good to have a few tricks of the trade. Here are nin ...
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Will the Stimulus save Real Estate?

Jul 13, 2009
As reported by the Wall Street Journal, the luxury wine market is in a slump as even wealthy drinkers slash spending on fine wines. The slump comes even as Americans continue to drink more wine overal ...
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Jump-Starting the Economy

Jun 17, 2009
This great idea came from the CEO of Realty Trac, James Saccacio. The problem with most all of the stimulus programs is that they are helping out the 2% of borrowers that got in trouble and can’t affo ...
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May Luxury Sales Up!

Jun 03, 2009
May brought more activity in the luxury sales market and it was really needed! April statistics show just 12 homes selling over $1,000,000 in the entire marketplace. May had 16, a 33% improvement. Of ...
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What Can $694 Buy?

May 07, 2009
$694. What can that buy? 1 square foot in The Ridges Las Vegas. A home just sold for $694 per sq ft. The exceptional luxury home has incredible Las Vegas Strip views, golf course views, city views and ...
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Super Broker

Apr 07, 2009
What sets a Super Broker apart from a normal Broker? In luxury real estate today everybody uses the same standard contracts and procedures. Yet, there is probably no other industry where so many compe ...
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The Spring Selling Season is Here

Mar 17, 2009
The spring selling season is here! I am excited to see the beautiful weather here in Las Vegas and know that luxury home buyers are on the move again. I am also excited about our great listing invento ...
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Why Reduced Home Construction is Good for Re...

Feb 09, 2009
Home construction is at a 50 year low with both permits and starts plunging to levels not seen since 1959. The recent drop off in permits suggests that further declines are ahead. Meanwhile, home-buil ...
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How will the Election Affect Real Estate?

Jan 20, 2009
The inauguration has created quite a buzz for our great nation. How will this historic event affect the value of our homes? The simple short term answer is that it won’t. However, the more impor ...
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Happy Holidays

Dec 20, 2008
The holiday season is in high gear and this is traditionally one of the slowest times of the year for luxury real estate sales. With the many challenges that 2008 brought I have much to be thankful fo ...
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Thoughts to consider on pricing your home

Nov 17, 2008
Real Estate Agents don’t determine price, the market does. Remember how you determined the price when you bought your home? most research sales prices, this represents reality you should price a ...
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The Real Estate Sky is NOT Falling!

Oct 27, 2008
The real estate sky is NOT falling! The Las Vegas economy has weathered downturns in the past, and although this one may be the most severe we have had, we have a resilient community and we will perse ...
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How Do You Know Your Realtor Is Dependable?

Sep 09, 2008
Choosing your real estate Broker can be a critical factor in getting the most money and a fast sale. How do you know if the Broker you choose is dependable? A surefire way is through the services of a ...
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Things I Wish I Had Done

Aug 16, 2008
I wish I had invested in Microsoft Stock when it went public in 1986. I wish I had not used that Mickey Mantle baseball card my father gave me on the spokes of my bike. I wish I had taken that trip to ...
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New Lending Requirements

Jul 10, 2008
One of the most important issues affecting our real estate market today is the credit crunch. Financing has become so difficult to obtain and it seems to many potential borrowers that the rules have a ...
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There are so Many Positive things Happening

Jun 18, 2008
I feel a great sense of pride for our Las Vegas community. There are so many positive things happening. And even with some of the negatives, we are doing are best to navigate one of the most challengi ...
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Parade of Homes is Presently Underway in Las...

Apr 28, 2008
The 2008 Parade of Homes is presently underway in Las Vegas and Henderson. This show features over a dozen of the top luxury listings in the valley including modern architectural projects featuring st ...
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The Spring Selling Season has Begun!

Mar 06, 2008
The spring selling season has begun! And there’s no time like spring for a thorough spring cleaning, especially if you’re planning on selling your home. In today’s competitive enviro ...
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Greetings to all you Luxury Buyers and Selle...

Dec 10, 2007
Greetings to all you Luxury Buyers and Sellers. The reality has begun to sink in that our market has returned to a challenging and competitive one which requires a professional, active and aggressive ...
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LUXURY HOMES OF LAS VEGAS