About Las Vegas' Summerlin

Summerlin November 2008 Real Estate Resale Market Report:

• Listings (12/29/2008): 967
• Under Contract (12/29/2008): 258
• Sold November 2008: 114
• Month's Inventory: 8.5

Absorption is in line with the rest of the Las Vegas Valley.

Last Month's Summerlin Report

If you are thinking about buying, renting or selling a Summerlin Home Please Call: 702-966-2494:

• Option 1 if you are a Buyer wanting to purchase Summerlin Property. (Varieties range from bank owned to new construction!)
• Option 2 if you are a Renter wanting to rent a Summerlin Home
• Option 3 if you are interested in Financing your REO Property (including down payment assistance for first time buyers)
• Option 0 if you would like to sell or rent out (property management) your Summerlin home.
• Option 4: Para español presione el cuatro.

Burrows Group is proudly affiliated with and brokered by Nevada Realty Solutions, LLC. NVRS is one of the top listing and sale brokers for both REO and Short Sales. While we are not given preferential treatment for any in-house listings, we do have a distinct advantage when we work with REO and Short Sale buyers.

The opinions expressed in this article are those of Renee Burrows and not necessarily those of NVRS.

All statistical information I used to create this report was obtained from GLVAR MLS. Information Deemed Reliable but not Guaranteed.

Terms and Definitions for my Market Reports

Yes, snow in Las Vegas Nevada!

It has been snowing off and on for two days now, the surrounding mountains are covered with snow. And these wonderful girls are loving the snow, they are even making snowballs and throwing them at me. I had to be very careful when they were throwing the snowballs so they wouldn't hit my camera. These two girls are related to me so it's alright.

This photograph above was taken only minutes from The Las Vegas Strip and I have never seen it snow are hard as it was. Very little was sticking to the ground, but up in Summerlin it was sticking to the ground.

The photograph below was taken at Red Rock Canyon yesturday and there is plenty of snow. Red Rock Canyon is only 10-15 minutes from The Strip depending on the traffic.

So if anyone from Las Vegas is wanting to have a White Christmas, all the have to do is take a little 10 minute drive out to Red Rock of some of the other surrounding higher elevations and celebrate in the snow.

photographs above taken in Las Vegas, Nevada by: Robert Swetz and duplicating in any form is in violation of copyright infringement and subject to fines.

Please look at my new web site on photography, it's almost complete www.SearchMyPics.com

Real Estate www.VegasBuildingsForSale.com

Summerlin October 2008 Real Estate Resale Market Report:

• Listings (11/14/2008): 1039
• Under Contract (11/14/2008): 261
• Sold October 2008: 144
• Month's Inventory: 7.2

Absorption is in line with the entire Las Vegas Valley which is 6.9 months. This is the first monthly real estate report for Summerlin so there are no "last month comparison."

If you are thinking about buying, renting or selling a Summerlin Home Please Call: 702-966-2494:

• Option 1 if you are a Buyer wanting to purchase Summerlin Property. (Varieties range from bank owned to new construction!)
• Option 2 if you are a Renter wanting to rent a Summerlin Home
• Option 3 if you are interested in Financing your REO Property (including down payment assistance for first time buyers)
• Option 0 if you would like to sell or rent out (property management) your Summerlin home.
• Option 4: Para español presione el cuatro.

Burrows Group is proudly affiliated with and brokered by Nevada Realty Solutions, LLC. NVRS is one of the top listing and sale brokers for both REO and Short Sales. While we are not given preferential treatment for any in-house listings, we do have a distinct advantage when we work with REO and Short Sale buyers.

The opinions expressed in this article are those of Renee Burrows and not necessarily those of NVRS.

All statistical information I used to create this report was obtained from GLVAR MLS. Information Deemed Reliable but not Guaranteed.

Terms and Definitions for my Market Reports

What lies in the future for the Real State Agent?

For some of you that don't already know, I am going to let the cat out of the bag.

I know with the holidays ahead that this is a very sad subject, but facts are facts. There are many Real Estate Agent's that are losing their homes, jobs, etc, because of our crushed economy.

If you are not one of those individuals and you are making great money, I would suggest you start putting your ducks in a row. Because it's coming around your neighborhood too.

This photograph above was shot this morning to show everyone that I work many different jobs. These are some of my clothes and tools that I use when working on a construction job at (Caesars Palace). Yes a construction job!

Everyone may be thinking, "I thought Robert was a Real Estate Agent/ Photographer?"

I am a licensed Real Estate Agent! And I have been working construction as a Glazier (Journeyman Glass Installer) for 30 years now. And I am a Professional Photographer. And I work and sell Jewelry at my wife's businesses when possible.

People may be thinking, "How can you be good at one certain job if your working so many different ones?" Well, it's not very easy!

I am a very good Photographer!

I am a very good Real Estate Agent!

I am a very good Journeyman Glazier!

I am a OK Jewelry Sales person!

People may be asking! "Is Robert bragging about all the different jobs he works?"

No I am not bragging! Do I have to work all these jobs to make ends meet? No I don't!

I have a home I own back in Minnesota where my mother, father, brother, sister and the rest of my family lives. I can go back there any time and not have to work at all! I own my home and it's not a big home, but it is the home I lived in before I met my wife Nu Nu.

Why am I working all these jobs in Las Vegas Nevada? Do you really want to know?

To help my mother and father back home because they are in their 70s, and they don't have a lot of money.

To send money back home to Nu Nu's family of eight back in South East Asia, because they can't afford to buy food.

Do I have to help my mother and father, and Nu Nu's family? No! So the big question, why?

Because I love my mother, father and Nu Nu's family! And I will do what ever it takes to support them in times of need. What comes around, goes around!

Everyone, please listen to me if you are feeling the crunch, do what ever you can to survive. Work what ever jobs you can to make ends meet because this will not last forever.

Put on your thinking caps and stop watching so much television. Stop sleeping so much and stop thinking poor me - poor me! My mind is always thinking on how I can make money to feed and help people I don't even need too.

I am very thankful on Thanksgiving Day that I have my health, strength and knowledge to work the jobs I do and help the ones I love!

"Happy Thanksgiving to all the Activerain members and may my blog help you in some way to prosper"

Please feel free to look at my new web site on Photography, it's not finished but it may cheer you up!

www.SearchMyPics.com

How do you deal with buyers that use you for information & that want listings emailed to them?

In my years of selling Real Estate, especially in Las Vegas, Nevada customers come in off the street searching for information.

They want me to pull up listings, maybe show them homes they saw on the Internet, etc. I have never had a problem sharing my knowledge of Real Estate with them, and I always ask them "are you working with another agent" and most the time they say "no!"

Come to find out later that they are working with one or more agents.

Where do you draw the line? I have mentioned to several customers if your really serious about purchasing a home, I have a Buyers Agency Agreement you could sign. Most of them tell me "I don't want to sign anything!" I try to explain to them what a Buyers Agency Agreement is and their running out the door.

I have never had a client sign a Buyers Agency Agreement before, but where do you draw the line with buyers that want to purchase homes? And how do you know if their serious and their not working with other agents?

I do know that new agents are getting clients to sign Buyers Agency Agreements all the time.

How do they do it? Is there a special tick to it? Do you have to back them up in the corner and tell them sign here? Do some of these clients really know what a Buyers Agency Agreement is?

Please let me know what your advise and opinions would to my questions, and thank you!