Las Vegas Real Estate NOW

The recent recession was horrible, and John has a regular conversation with the consumers right now that are receiving possible information about the recession that is might be coming. The circumstance that allowed for 2008 to happen and for the home values to drop as down as they did, and the devastation of the economy as a whole is not replicable today for that same reason. The financing is not available to have that many unstable borrowers. The market over the last 100 years been able to manage it. If you look at the downturn in the late 80’s or early 90’s where there was by “definition recession” the Las Vegas community didn’t even feel it hence maybe why we fooled our self’s and thinking well nothing will happen here we are “recession proof” but that is not the case in 2008. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

There is a big difference between in today’s market and what we were dealing in the mid 2000’s and Mark Stark elaborates on this topic. There is so many differences in todays market than in the mid 2000’s the market at that time created a powerful downturn and probably the number one reason is because of free-flowing capital. When you can sign your name to get a loan and all you needed was good credit and you don’t have to qualify. It changes the dynamic of any real estate market. Another example, people were looking to buy new homes, they would literally have 200-300 people in line to buy a new home and with six of them out of rest were actually moving into the home to live. Everyone else wanted to flip the home and their strategy was to buy it and wait until it goes up a $100,000 and then sell it again. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

The appraisal form that they currently use for Fannie and Freddie loans do not include a lot of elements in it that gave credits to sellers for having a home that is energy efficient. Such as solar panels, Lowy Windows or other elements that would make the home energy efficient. Now the new form will allow that which is outstanding because your electric bill was $270 a month now it is $12. The important element is now the appraisers have the tools within their form to say, “yes let’s give the seller some credit for making their home more energy efficient.” Also, why wouldn’t you want to have some type of energy efficient you would be saving money and you will have more money in your pocket. Stay tune hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

There have been some problems with flipped homes here in Southern Nevada. Reasoning for that being is that some people in our community unfortunately have not been using licensed bond contractors. They rather use someone that is not to be able to maximize their profits but then the flippers end up getting in trouble and going through lawsuits. Also, some seller has had complaints with the Real Estate Division for failing to disclose about defects in the home. Even on resales when the buyer does a home inspection and perhaps negotiates some request for repairs that the seller will agree to do. It is important for the buyer to be informed about who did the repairs. Stay tune to hear more about what Steven Kitnick has to say about wire fraud! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Category People & Blogs

How to hold title is called vesting and there are a lot of choices on how to go about it. Rick gives us the breakdown about what are joint tenants, tenants in common and trust. The two most common title sees is tenants in common and joint tenants. Tenant in common is an equal share if you are on title not just husband and wife but individuals. Everyone can get 25 percent each or the group can divide by a different amount. Now with joint tenants is basically last man standing, for an example you can start with 10 people and if everyone passes away except one person than they would get the property. The difference between the two (tenants in common & joint tenants) common tenants would not require probate in order to sell the property. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Fannie Mae and Freddie Mac are grantors of 50 percent of mortgages that are active here in the United States. If you think about number wise there is roughly about $10 trillion of dollars in mortgages out there. Fannie Mae and Freddie Mac are about $5.5 trillion dollars’ worth of mortgages that they grantee. When the crash happen in 2008 they encounter difficulties and our federal government had to take over and back stop them, they provided money to them to keep them going. But effectively they created it for us citizens to have a stable continuous mortgage market. With the bailout that happen with the mortgage industry Fannie and Freddie got $190 billion of dollars over the crash time. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

We are almost to the last quarter of the year and the sooner we prepare our selves for that tax bill. If this year (2019) you got a refund most likely you will get one next year (2020). If you are a W2 employee not much has changed and with the new tax law the standard deduction has doubled so most of us only qualify for the standard. If you got a tax deduction in 2018, you will get one as well for 2019. This is the time of year you really need to look at your withholding and do a tax calculation. See if you are in the range of last year and why let the IRS hold to that money adjust your withholding so that money comes into your pocket. Stay tuned to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Josie with the Housing Division talks about all the different Home is Possible programs that the state of Nevada has to offer. They are not just for first time home buyers this can be your third time you purchase a home and there is a program out there for you. First one is the Down Payment Assistance Program and you don’t have to be a first-time home buyer. The requirements for this program are that you cannot own a home at that time of purchase, so you would have to close on the home you currently have. You can get up to five percent of assistance and you can use this money for your down payment or closing cost. The Housing Division has a large percentage of people that use this program who have their own funds but decides to keep that money aside and they use DPA program. Next we talk about the First Time Buyers Program it is slightly different than DPA, this program is for some who hasn’t owned a property in the last three years. Stay tune to hear more about these wonderful programs! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

This article states that Phoenix just overtook us as the fastest growing city. For the first time in twelve months we see that another market past us in the fastest home prices for single family homes. We think it is a good thing that we are not the fastest growing market in prices just because we think it scares people and not want to buy. We prefer it to be slow and steady increasing market. When the market shifts and prices increase way to fast and people cannot buy. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

The experts think we will see the lowest interest rates ever at some point this year. You have a certain amount of dollars everyday that are invested into, mortgages and stocks. There is a global competition for those dollars, when you look at the competition you get the most out of your money here in the U.S. As interest rates in Germany, E.U. and Japan they all fall, and they are actually right now negative. Which means you give them ten dollars and they give you back nine ninety-five. That is concept you get less money when that note becomes due when you gave it to them. So, meaning money is flowing into the U.S. larger than it ever has before. Making our securities more attractive than other places in the world. Are interest rates are declining partially because of that force. Stay tune to hear more about interest rates! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news!. Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

When a buyer receives the inspection report what can they do with that? Ben discusses with the client and what is on the report to be able to educate them. The buyer will then ask Ben “ok so now what” while they are at the property occasionally, they will discover something in the course of the inspection. That will cause the buyer to actually change their mind on purchasing the property. More commonly that occurs is that Ben and the client will come up with a list of repairs that the buyer would most likely like repaired prior taking ownership of that house. That’s when the buyer gets with the agent and come up with a list of items, that they would like the seller to repair. Stay tune to hear more about what Ben has to say! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Leilani brings in the ten-year bond and she is excited to share charts because usually in the mortgage world they do not use charts. This week she was challenge due to the media. They were telling everyone that the feds had cut the rates. Just for everyone’s information the feds do not determine the mortgage rates, lenders go off by the ten-year treasury note or the thirty-year bond is. So, when the feds are saying they are cutting the rates it is only short term those are the prime rates, HELOC rates and adjustable mortgages those are the ones that are affective. But when you get to the treasury rates any time you see the bonds or securities are lower you are gonna see interest rates are going to lower they follow in suite. Keep on watching to hear more about what is going on in the mortgage world. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Here in Las Vegas we have about 2.2 million people and in the Phoenix metro area they have about under 5 million in population. Phoenix has double of what Las Vegas has in population and the reason why is because in the Phoenix area is more spread out. Rebecca can have a listing in Surprise and one in Chandler and now it is an hour and in half drive between the two. The cool thing about Las Vegas you are only 30 minutes away from the strip from wherever you are from the valley. Apparently in Phoenix they are the number one growing city in the country. They have a lot of great things in Phoenix they have businesses growing, it is affordable and great weather. They average two hundred people a day and about 6,000 a month in the Phoenix area. Looking to buy in the Phoenix area contact us and we can put you in touch with Rebecca. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/

This is Young Artist Orchestra fifth year anniversary and they are trying to do something very unique this year. Years ago, there was a club called Buena Vista Social Club, they became popular and won all these Grammy Awards. So now the YAO is doing a replica and there first opening concert is called One Night in Havana. It features a local singer here in Las Vegas called Noybel Gorgoy they are teaming up with YAO to do this concert. The concert will be on September 21st at the Windmill Library at 7:00 PM. This year YAO have more evening concert which would help due to the previous being at 2:00 PM on a Sunday. The month of December YAO will be preforming the Swan Lake, for the past years the month of December has the most popular concert. Here is the link to check out the all the upcoming concerts for YAO. https://lvyao.org/tickets/ Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

What should people expect during an escrow process? Escrow is a third neutral party and they don’t really work for anyone except the client. They (escrow) do everything through a written correspondence and they do not like taking anything verbally and believe it or not they do get a lot of written correspondence from different parties during the transaction. What they do with contract they take the instructions and dissect it. Escrow creates a settlement statement everything they do works towards that. Also escrow ends up being the bank, they collect the monies and distribute the money. Escrow is the documentation place and the banker. One thing they do have to make sure is that if they can meet the standards for the contract. There are some title companies that can’t due to the clauses. that Stay tune to hear more about the escrow process. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

We are going to talk about the monthly market update and what is going here in Southern Nevada. For August 2019 we are going to start with quick stats. Now this is single family residence only, our current available inventory is 8,208. There are 4,142 homes in escrow or pending and in the last 30 days we have sold 3,105 homes. That leaves us with a number of months of inventory an absorption rate of 2.64, which means on average that is how long it takes for the homes to be sold. Take the number of months available and divide it by the sold and that’s how you get the absorption rate. Our average days on the market right now are 39 days on the market. Stay tune and learn more about the Las Vegas Market! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Rhodes homes has been trying to build a community up on Red Rock over by Blue Diamond. What is happen is that the company is going through a financial strive and not able to pursue this community. But they are still an argument to proceed or not. If you drive by there you will see work trucks ready to start smoothing the land and clearing the land. They are planning to build 3,000 homes in the blue diamond area that will overlook Red Rock Canyon and it is significant. When Harvey moved to Las Vegas, almost 30 years ago he was always told the hills will be protected. The hills are own by the government you won’t see any houses on top of these hills. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

The job of an inspector is too discovery faults in a home but also to present it in a way that is understandable to a buyer. We talk about one of the most important part of buying a home and sometimes it gets overlooked. Inspectors present the material so that your client doesn’t feel like they are making an unwise decision to them information is power. There are things that sound really scary like a cracked roof title to some people that are not aware think it might be costly. It is not a big deal to fix and it is very common here in Las Vegas just because it is so hot. Almost in every resale home you will find a cracked roof title. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Things you shouldn’t do while purchasing a home and here are some examples. One thing that John as a lender deals with a lot is that client will say I am going to fix my credit before purchasing a home. The credit score system counterintuitive and Johns recommendation is don’t do it until you consult with an expert. Getting that advise before the client starts messing with their credit is well worth the time. John sees people waste their money when they are trying to fix their credit, or instead they injure their credit further and making the credit score drop to a lower number. Next is not getting pre-approved before beginning the house shopping, getting pre-approval is valuable to the consumer because it will avoid potential pit falls that you didn’t know about and forget to tell your lender. When a lender can see your documentation and through it in full detail it gives them the chance to prevent the client from wasting their time. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

The Legacy Golf Course owners submitted a plan to build but there are proposals from the homeowners. They had signed an agreement and set a deal but apparently the developer wants to add 224 apartment units that will be included in the two high rises that were not part of the deal. It is a view blocker and we think that’s why the homeowners are not so happy about it. There is an interesting case that came out of Nevada about a year ago there is no right to a view in the state of Nevada. An example that is going on right now is that a golf course sold a bit of the land. It was sold during the recession and a homeowner saw they started building. The homeowner ended up suing the builder went to court and ended up losing. Because you are not guaranteed a view, and for every new home contract it states that a view is not promised. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Let’s start first when escrow receives an accepted contract from the buyer and seller. They receive it and that is like their starting point, they have two different things that’s that start to happen at that time. Most of the time people realize its only one side of it they are contacted by the escrow officer or escrow team and introducing themselves to the client and that they will be handling the transaction. That’s the side most people see upfront and the other side most people do not see is what is happening in the background and that is the title side. So, once the property goes into contract the escrow staff begins to interpret the contract and they make sure who is paying what and that is what why they are basically going through the contract for. Simultaneously their title department is creating a report called the preliminary title report and that report is a mini report card of the property stating who else title is going to have to pay it could be a mortgage company or etc. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

What does the buyers need to know about the property? Home inspections are in the benefit for the buyer and inspection companies work for the buyer and their job as an inspector is to identify any problems that they can find with the property. They do a visual inspection which means that they look at things that they can see and operate everything in the home within the nature they would operate when they get in the home. Things that come in the report are pictures and informational things to start and those items just show you in the report things that the inspector verifies things about the home. If you go the inspection the inspector will talk to you about those items and walk through them. At the very beginning of the report you will find a summary about the items and it is going to show repair items and those things you might want to get fixed. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Rick gives us comparisons between 2018 and 2019 market stats, now this only single-family homes. When we do the year to year comparisons we are seeing slightly down from last year. Last year was down as well from the pervious year (2017) we are off by 8% on total of closing, even when you compare 2017 and 2018 there was an 8% decrease as well. So, we are definitely seeing decreasing of closing in the last couple of year. Interesting thing about our market is the when people start to hear that the market is slowing, they start to worry but at the same time we are seeing a lot of price appreciation during that time. The market is starting to flat out according to the graphs and it seems we have settled. Stay tune to listen more about what Rick has to says about our market! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Closing cost are part of every transaction but why are buyers charged? Closing cost are generally 2-3% of the sales price. It is high if you are purchasing a lower price point, example if you’re purchasing something under $100,000 the percentage is higher. It is lower percentage if you’re buying higher priced home because some of those fees are fixed. But those closing close will be standard you have lender fees; some lenders do not charge or banks. Some lenders will say we are not charging any closing cost because they are wrapping some of those cost have for their processing, underwriting, and document prepper there is a lot of people that go in the mortgage not just the loan officer. Stay tune to hear more about closing cost! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Currently available are 8,416, we have 4,197 homes pending or under contract and we have sold in the last 30 days 2,882. That is the number of months of inventory 2.92 we currently have less than 3 months’ worth of inventory available for buyers. The average days in the market this past month was 40 days on the market. We compare that to last month and its similar numbers but not much of a change. When you compare it to last year the it was about half of the inventory a lot more contingents as well. About the same of closing last year but only one and in half months’ worth of inventory at that time and 29 days on the market. Stay tune for more charts on the radio! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

First thing to consider is interest, it can either be your best friend or your enemy. Get rid of the interest you’re paying first so there is a term called debt snowball. So, let’s say you have 4 different credit cards and you have a balance on each of the credit cards. You look at the one that has smallest balance and then work towards on the one that has the most balance. For the three credit cards you make the minimum payment and one of the credit cards you pay as much as you can to get paid off. Then you use the payment you were gonna use for the first credit card and you snowball it to the second credit card. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

An ibuyer is basically Wall Street or some wealthy companies that are acting like buyers in the market. So, as a seller instead of selling to Joe and Sally but now there is companies that are in the business of buying and reselling your home. They advertise on tv and all you need to do is go to their website type in information about your home and they send you a figure. They sell on convenience but there is a price to pay. Stay tune to hear more of John & Harvey in the discussion! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

Harvey reads an article about Lake mead and it says, “a wet winter and deal boost lake forecast.” The outlook of Lake Mead continues to improve as federal forecasters factor the benefits of an unusual wet winter and a new interstate deal that will leave more water in the reservoir. Instead of the familiar declines in recent decades the East lake of Las Vegas is now expected to finish off the year slightly higher. They still haven’t configured Mexico’s part since its new deal that states around the Colorado River needs to slow down the usage of the river. Although Mexico has agreed to also slow down the usage, but it has not been in forced yet. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

We have updates about these helpful programs that have extended until the end of the year. Home is possible for teachers has extended and now teachers that are in public charter schools can qualify as well. You must be full time teachers to be able to qualify for the home is possible program. Teachers can get $7,500 as long as they are in the home for 5 years it’s called a forgivable second there is no payments to it for the first 5 years. If they were to refinance it, they would have to pay it prorated amount back. You don’t have to be a teacher for a certain amount of years as long as you’re a full time in classroom teacher you can qualify for it. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

You have to check your property at least twice a year, we are in the month of June its 6 months into the year its time to check. Make sure you do a property profile, make sure you are still on title. Things can change there is a lot of fraudulent people out there, so you never know. Also, you want to make sure that your home does not have any liens, judgments, second mortgages or anything put on your property that you were not aware off. The way escrow finds out if a lien or judgement was placed on the home is that they pull a property profile. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

When people do a mortgage on their home for the last 10 years they sit down with their lender and the lender might have a variety of programs. But the buyer is saying “I just want a 30-year fix don’t mess with me or play with me, I don’t even want to talk about the other programs this is what I want.” John talks about the variety of loans out and why you might want to consider some other options. First of all, 30-year fix that is standard for safety, stability. 15 and 30 are the two most traditional to pay off your home. From the lender world the most common reason why someone will ask for a 15 year is because 15-year interest rate is a little bit more lower than 30. Ultimately the bank can give you that money for less because you’re borrowing it for lesser period of time. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

For the month of June of 2019, we are going to start off with what is available, and these are single family homes in our market here in Southern Nevada. Currently available we have 8,303 and we have 4,105 in contract or contingent. Sold 3,156 in the last 30 days we use to say the absorption rate now to make it easier we will say months of inventory. We have 2.63 months of inventory currently available and the average days of the market is 45 days again that is single family homes. Last month numbers were very similar not a whole lot of change. We sold a little more this month than last month and our months of inventory went down. Last year its significant we only have 4,346 homes available we had months of inventory for 1 in a half. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Occasionally, you have a deal that goes bad and earnest money is on the line. What Steven found out that was most common in disputes is that the buyer does not qualify for the loan. Even though there is a loan contingency there is nothing specifically in the contract that most of us (realtors) use and it is a GLVAR form. That says, “if buyer does not qualify for the loan” and they are pasted their contingency the buyer can lose their earnest money. Steven seen a situation where the buyer was still in their contingency and seller did not want to return it back buyer. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Escrow is the part of a real estates transaction that is in the grey zone that no one really knows why its there for. Harvey asks Tracy why does it take 30 days to close an escrow? Tracy explains once you have entered a contract between the seller and buyer; escrow then gets the contract along with the earnest money now we have an open escrow. Escrow now then enters the file into their system and the property address needs to be searched and a preliminary title report gets generated. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Harvey talks about an article that is states “the internet didn’t shrink real estate’s agents commission by 6% but this lawsuit might”. The article talks about this lady who bought houses multiple times because she kept getting transferred for work and decided to get her real estate license because she thought she could a better job herself. Then she realized (in her mind) that buyers’ agent was not necessity. Harvey expresses that what she thinks is wrong and that buyers do need an agent. Her argument was that you used to need a real estate agent to find properties now you can find your home on all these portals (the internet) and find your dream home through there. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

There is almost 6 trillion dollars in equity in homes across the US. To be exact there is 5.8 trillion of home equity out there. So, there is over $100,000 worth of equity of each home now is also for people that owe their home free and clear. When you talk about taking equity from your home and the idea John that gives is that we create multiple revenue streams for yourself to make or create wealth. If you can have your money work for you while you’re at work working for me that takes me two steps further ahead. Take that equity you have from the first home and invest in a second property or maybe put it in IRA account. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

We have seen a lot more of reversed mortgage these days and we think for the right person it is a good product. In Johns viewpoint is a person that who has let’s say limited monthly income coming in and they make their money last as long as they can. They need to keep their obligation on the monthly basis as low as possible. That person can benefit from the reversed mortgage but is all depends on monthly cash flow. Just because you’re avoiding the need to write a check for the mortgage for the month. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

Inspections versus appraisals whenever someone is buying a home there are two different inspectors that go in the property in their behalf. An inspector goes in and does what is called a home inspection that inspector is going to be in the home several hours and inspector is going to look at all sort of things. They check if there are any issues with plumbing, avac system, the electrical and he will look at the roof and so much more. The inspector makes sure these items are working and make a report for the buyer about what is wrong with the property. The appraisal is different now the appraiser goes inside the home and they are only there for like 20 minutes and make sure there is no safety issues. All appraiser has to check that there are water heater straps on. If not, the appraiser has to come back and reinspect. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

There was a wonder concert it was Westside Story they have young musician preforming. Learning how to preform big events and to experience how to work with professionals. LVYAO is the only free tuition in Nevada for musician and any child can go and join. All they have to do is audition and it’s only a one-time fee of $50.00 for the application other than that the rest is free. If you know anything that interested, please go to LVYAO.org or contact Harvey and he will put you in touch with them. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

There has been rumors that interest rates might be going down the end of 2019. Rowe explains from what they been hearing, seeing and reading it looks like its pointing towards that direction. Versus before they were seeing that interest rates were slowing creeping up. If interest rates actually does dip, we should see big increase in volume and it also gives the opportunity to the buyer. Who maybe have thought they could only afford a $250,000 homes and if the rate goes down they could probably go up to $275,000 that is significant it makes a difference. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Harvey read an article that states that Las Vegas is the number one place to invest for real estate in Unite States. In Las Vegas luxury home median price is 1.5 million and it has been growing in the luxury market in Las Vegas. It has expanded dramatically in Summerlin and then you have the development in Henderson and Ascaya and so forth. High Rise are blowing of off the market they are liking our city for opportunities in the luxury market. Which is an interesting thing because in the past Harvey has always notice when these golf courses expanded you had Spanish Trails, Canyon Gate and then they went to Red Rock and jump around and slowly progress. But now its like a whole different level it’s at a higher luxury level. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

First topic to discuss is what is the current market doing right now from an appraiser point of view? Paul expresses that the market has slow downed in recent the months, but he excepts it to continue going up. From last year we had a 12% increase not just in Las Vegas but also in the whole country. Usually an appraiser is slow during holiday months (just like realtors) but then once the summer come up, they start to pick up. Something that increasing the demand for housing is more construction on the strip for an example that would be building more casinos and entertainment. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

A topic that we continue to discuss is wire fraud and it keeps on happening and the numbers are increasing at a high speed. Tracy Ruccia, President of Equity Title of Nevada explains that they deal with at least 3 or 5 times a week with their company hackers trying to get the wire. Tracy says those are closed attempts by what she means is that usually the sellers or the buyers has been hack because a lot of times they are dealing with a non-hosted email. Then the client sends the money and most of the time Equity catches it on time and stops the wire. On a daily basis as many times as hackers attempt to hack Equity systems Tracy gives a guess and it is about 10-15 times. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

In April 2019 we have 7,832 single family homes available on the market. There are 4,077 homes that are pending or under contract right now. There are 2,501 homes that have sold in the last 30 days. That creates an absorption rate of 3.13, absorption rate once again is the number of months it takes to sell the current inventory. Last month the numbers were similar we had a few more homes in escrow this month and we sold 500 more homes this month than the month prior which is great. Our absorption rate has gone down it was getting up to the over 4 for a while. Now that it is at 3.13 Harvey feels it’s a fair nearly normal market slightly seller but overall almost a normal market. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Nevada housing division has brought out this new program called FTHB (First Time Home Buyer). The program is 4% of the loan amount a little bit better in rate. With this program you couldn’t have owed a property within the last three years. This is a misunderstanding with FHA, people think its only for first time buyer and it is not true. You can still get this governmental program if you have owed before. They extended the Home is Possible for Teachers until December 31st of 2019! The teacher’s programs is a smokin’ deal due to the interest rate and they give you money. You must occupy the home for at least 5 years. Now for the first time home buyers program you must live in the home for 15 years!! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Category

Self employed buyers are a unique group but not here in Las Vegas there is a lot of small businesspeople in town. They don’t have that W-2 to turn in to John what they provide is usually a financial report from their business and that financial report might not show as much income. Cash flow might be different than profit but there are programs out there. There are regular conventional products too as well as governmental loans that can go through full documentation might be more of a swing to try to get all the documents that the lender might need. But there are some products coming out now for the self employed borrows that have been in business for 2 years and some can go with bank statement programs if they can’t show it on paper. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

There was an article in the newspaper last weekend about these large buyers buying property. These are the people that offer cash to sellers “hey seller I have cash and I can close early.” The title of the article is “Home Flippers” these big home buyers, aka websites that give you quick offers and quick deals. These sites do not like being called “flippers”, but they are and as realtors we have to compete and they provide the same service that realtors can provide as well! Realtors can get you a quick close if you really need it and we are going to get you more money than the online websites. Any time you get that interest from someone check it out, shop it out because you can get the same speed and many times more money or more services and support during the process. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

There are a few fundamentals things that are out there that are just wrong that some people believe about the VA loan program. John breaks it down for the older veterans that have believed that their benefit expires, and this is not true. Whether you fought in WWII, Korean, Vietnam war there is no expiration to your home loan benefit with VA Loan. Second thing is that a veteran can use their VA loan more than once in their lifetime it’s not a loan program you can just use it once and lose it type of loan, you maintain your benefit for your entire life. You can use your VA Loan more than once at the very same time an example John gives us is that image you bought your home two years ago with your VA loan and since then have relocated to Nevada and would like to buy a new home you can do that. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/ Direct: 702-324-1683 NMLS# 552596 6180 Brent Thurman Way, Ste a260, Las Vegas, NV 89148 ©2019 Axia Home Loans is a Registered Trade Name of Axia Financial, LLC - NMLS ID 27830 1120 112th Ave NE, Suite 600, Bellevue, WA 98004, (855) 355-2942. Equal housing Opportunity Logo

How do lenders come up with interest rates? What goes into the determination of someone’s interest rate? Leilani gets asked by clients “well why is this lending program have this type of interest rate and why doesn’t the other have this.” Leilani explains that it has a lot to do with what the current market rates are doing, rates can change on a daily basis they can change up too 4 or 5 times a day. Credit scores and what type of financing that they are doing, what type of occupancies they are doing, what type of property type (you would have more of a risk for a condominium than a single family residence so that is build in that portion of that rate as well) these factors will determine on what your interest rate will be. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/

Harvey and Darren discuss on short term rentals in Las Vegas. They both have different options, now short term rentals are illegal in Clark County. The way Harvey feels about the short term is that he doesn’t want his next-door neighbor leasing out to people on a weekly basis to people visiting Las Vegas. To Harvey it is specifically to Las Vegas because of where we live in a town that is consider as a resort area where people just want to party. Are logo here is “what happens in Vegas, stays in Vegas”. Now Darren feels that we should be able to have short term rentals in Clark County if the landlord’s information is somewhere visible on the home. (Like a sticker on the front window) Say the renters are still causing damage, the neighbors can call the police on the landlord and they would fine the renters. Most likely that will help and the short term renters will be generous to the neighbors surround them and no one wants to pay a fee. Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Tuesday at 9am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/