Wednesday, March 31, 2010

Anthem Country Club Henderson, NV - SHORT SALE



www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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$ 500 000

Anthem Country Club
Henderson, NV

3374 sq ft
.27 ac

3 br, 4 bath

View This Home Saturday 4/4

Tuesday, March 30, 2010

68 Unit Henderson NV Apartment Complex - Price Reduced - $ 20K Unit


www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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68 units

49 640 sq ft

2.11 ac

DRAMATIC PRICE REDUCTION FOR IMMEDIATE SALE! * CASH OFFERS ONLY * OFFER MUST ACCOMPANY PROOF OF FUNDS AND THE ABILITY TO CLOSE!

Lender and Seller authorizes a dramatic price reduction for a qualified Buyer that can close expediently and with certainty. If you are a principal with the ability to close quickly and with ALL CASH. We would like to talk with you.

Henderson Plaza offers the opportunity to acquire a 68 unit residential apartment complex for $20,000 per unit. Constructed in 1963 and are comprised of 17 two-story low-rise garden in four-plex configurations. Gross building area of approximately +/-49,640 SF and 2/1ba units averaging +/-730 SF.

Sunday, March 28, 2010

Markets Where Home Prices Could Rise Most

www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Markets Where Home Prices Could Rise Most
Money Magazine has released its latest home-price projections for the country’s largest metropolitan areas. Here are the 10 cities where it believes home prices will rise the most in the next year, and the 10 where it foresees the most substantial declines:

Where prices will rise:

Santa Rosa, Calif., 6.0 percent
Cheyenne, Wyo., 4.7 percent
Kennewick, Wash., 4.6 percent
Merced, Calif., 4.4 percent
Bremerton, Wash., 4.2 percent
Fairbanks, Alaska, 4.2 percent
Corvallis, Ore., 4.1 percent
Tacoma, Wash., 3.9 percent
Anchorage, Alaska, 3.8 percent
Bend, Ore., 3.3 percent

Where prices will decline:

Miami, -22.5 percent
Fort Lauderdale, Fla., -21.3 percent
West Palm Beach, Fla., -18.5 percent
Phoenix, -18.5 percent
Las Vegas, -15.4 percent
Tampa, -13.8 percent
Pensacola, Fla., -13.6 percent
Gainesville, Fla., -13.4 percent
Suffolk, N.Y., -13.4 percent
New York City, -12.9 percent

Friday, March 26, 2010

Bank Owned Foreclosure Property - Driggs




www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Legal Description: Lot 15, Creekside Meadows PUD, Phase IV Rendezvous Townhomes

Public Remarks: Bank owned and priced to sell--this immaculate 3 bedroom, 2.5 bath Rendezvous Townhome end unit is a fabulous buy!!


Directions: Located in Creekside Meadows-Forest View Dr., app. 1 mile south of Driggs, Idaho



3br, 3 bath

$ 129 900

Saturday, March 20, 2010

Bank Owned Las Vegas Condo Loft Project - 80 units





www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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BANK OWNED FORECLOSURE CONDO COMPLEX

80 units

Built for $ 540K unit.

Lender will consider $ 120K unit - $ 10 million

Great Las Vegas location - west side near Red Rocks.

GREAT INVESTMENT FORECLOSURE PROPERTY

Sunday, March 14, 2010

Wave of Foreclosures Coming

www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Future Foreclosures Could Hamper Housing

In spite of signs of a recovery, many home buyers are continuing to fall behind on their mortgages. Some economists see this as an indication that a second major wave of foreclosures is likely, even though the housing market appears to be stabilizing.

This next upsurge in foreclosures could cause more disruption and push prices down farther.

Housing experts say that the recent favorable housing data doesn’t reflect the number of properties that banks have left in limbo — repossessed, but not yet on the market.

"Lenders are deluged by late-stage delinquencies. The pent-up foreclosure inventory is there," says Massoud Ahmadi, director of research for the Maryland Department of Housing and Community Development.

Source: Washington Post, Renae Merle (03/12/2010)

Saturday, March 6, 2010

Foreclosed Borrowers May Get Loans Again

www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Foreclosed Borrowers May Get Loans Again

Will people who currently face foreclosure or short sales or who walk away from their underwater properties ever be able to get financing to buy another home down the road?

Banks haven’t been very forthcoming on this issue. However, knowledgeable observers of the situation say that while it may take some time, the situation will right itself for most people.

Because bankrupt borrowers have eliminated their debts, they should "constitute attractive fodder for mortgage lenders," says University of Michigan law professor John Pottow, whose specialty is bankruptcy.

As home prices and the mortgage market stabilize, lenders will be motivated to lend to people who previously had financial troubles if they look like they can pay the next time around, says Alan Riegler, a consultant with CCG Catalyst, which advises banks.

"The lender who figures out how to do more of this case-by-case stuff cost-effectively is going to end up ahead of the pack," Riegler says.

Source: Inman News, Matt Carter (03/05/2010)

Thursday, March 4, 2010

Rise In Apartment Demand

www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Analysts See Rise in Apartment Construction

Developers of apartment buildings are getting back in the game, betting that the improving economy and limited new construction will provide an opportunity for success.

Multi-family housing starts in January rose 9.2 percent, according to the U.S. Commerce Department.

Investors are encouraged by the number of people between the ages of 20 and 34 — prime renting age — which is expected to grow by 5 million over the next decade, says Hessam Nadji, managing director of Marcus & Millichap.

Plus, building costs — including labor, lumber, and concrete — have all fallen over the last two years.

"Apartment REITs (real estate investment trusts) may generate the best property net-operating-income growth that they've seen in a very long time, maybe ever," says Haendel St. Juste, a REIT analyst with Keefe, Bruyette & Woods Inc.

Source: The Wall Street Journal, Dawn Wotapka (03/03/2010)

Tuesday, March 2, 2010

Housing Crisis Ending By 2011

www.buytetonland.com

Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com

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Buffett Predicts Downturn Will End in 2011

Billionaire investor Warren Buffett predicted that the real estate market downturn will end by 2011 as the housing inventory declines.

"Within a year or so, residential housing problems should largely be behind us," Buffett wrote in his annual letter to the shareholders of Berkshire Hathaway, where he is chairman and CEO. "Prices will remain far below 'bubble' levels, of course, but for every seller or lender hurt by this there will be a buyer who benefits. Indeed, many families that couldn't afford to buy an appropriate home a few years ago now find it well within their means."

He also pinpointed what he sees as the cause of the downturn. "People thought it was good news a few years back when housing starts — the supply side of the picture — were running about 2 million annually," wrote Buffett, "But household formations — the demand side — only amounted to about 1.2 million."

Source: Bloomberg News, Andrew Frye (03/01/2010)