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Short Sales - It's The New Black
Dan said: My daughter and son-in-law just went thru a short sale they were trying to buy. The bank was NOT ver...   [More]

Has Las Vegas Real Estate Hit Bottom?
Judy Taylor said: Robin, and others, have pointed out how much like a Circus Midway the home market in Las Vegas has b...   [More]

Has Las Vegas Real Estate Hit Bottom?
Taryn Hazelwood said: My husband and I are moving from Gig Harbor and have made offers on 8 homes, only to find our offers...   [More]

Las Vegas Home Sales Skyrocketing (Again)
Judy Taylor said: Robin, you must be out there turning around the housing overstock here in town. The amount of homes ...   [More]

Wake Up, Roger, and Own Your Own Piece of Las Vegas
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Why People Buy Second Homes in Las Vegas

Posted At : September 25, 2009 7:30 PM | Posted By : R Camacho
Related Categories: Current

I got home from the Bahamas on Saturday planning to spend a few more days in my sun/rum/time continuum, that zone of complete relaxation. I made the mistake of letting my office know I was back in town. So here I've been since Sunday working 15 hour days again. Not that I'm complaining - I LOVE what I do. Being a Realtor is better than being an astronaut or a major league pitcher. I'm just no longer moving like I'm wading through molasses.

The market has barely slowed, with a nominal drop in sales in August. September is usually slow as a new school year begins, but the pace remains brisk.

Dean and Jan just had another offer rejected; this one was more than $70,000 over list price. This time I'm shocked; this was a great offer. There must have been a very strong cash offer.

First-time homebuyer Dustin just made an offer on 3 homes, and was very fortunate to have an offer accepted. It's not easy getting FHA offers accepted right now. When the bank asked for Dustin's "highest-and-best" offer on another, they had 80 offers on the house.

Flying back in to find temperatures in the mid-90's, I had an "aha" moment. People come to Las Vegas for the casinos, the great food, and the shows - but they move here for the weather. My clients who buy their 2nd homes and retirement homes in Las Vegas buy here because they can wear shorts when they come here in November.

FOR SALE: Snowblower, shovel and ice scraper. Never used, still in box. Ahhhh, Las Vegas. It's fall, and it's gorgeous today.

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