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
---------------------------------------------
Bank Owned 8+ ac parcel w/ home .
140K
Teton Valley
call for details pH 208 390 0737
Wednesday, May 26, 2010
Sunday, May 16, 2010
Commercial Turn Around
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
---------------------------------------------
Commercial Markets May Turn Around in 2011
With high vacancy rates and extremely low prices, the commercial real estate market is going through tough times. For many practitioners and brokerages today, it’s more about survival than success.
“Commercial real estate has been whacked,” NAR Chief Economist Lawrence Yun told an audience of REALTORS® Thursday at the Economic Issues and Commercial Business Issues Forum during the 2010 Midyear Legislative Meetings & Expo. “It’s been a horrible cycle. Residential [real estate] is coming back, but commercial is just trying to stop the bleeding.”
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
Commercial Markets May Turn Around in 2011
With high vacancy rates and extremely low prices, the commercial real estate market is going through tough times. For many practitioners and brokerages today, it’s more about survival than success.
“Commercial real estate has been whacked,” NAR Chief Economist Lawrence Yun told an audience of REALTORS® Thursday at the Economic Issues and Commercial Business Issues Forum during the 2010 Midyear Legislative Meetings & Expo. “It’s been a horrible cycle. Residential [real estate] is coming back, but commercial is just trying to stop the bleeding.”
However, a turnaround in commercial real estate may be underway as soon as next year, Yun said. There are indications of improvement in the broader economy — such as rising corporate profits, job creation, and greater availability of credit — that could bode well for the commercial sector. It may be some time before the impact of those developments is felt by commercial practitioners, though.
“Commercial real estate lags the economy by about a year,” he said. “If the economy turned around today, it would be a year from now before commercial recovers.”
Some aspects of the commercial market might improve as early as this year. For instance, the financial picture of real estate investment trusts appears to be getting better already. Also, Yun said the number of commercial property transactions may go up this year, even if the other fundamentals remain weak.
It’s important to note that a return to peak levels for the commercial sector is still at least a few years away. But by next year, the darkest days may be in the rearview mirror, experts say.
— Brian Summerfield, REALTOR® MagazineWednesday, May 12, 2010
Housing Inventory Tight
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
---------------------------------------------
Housing Inventory Tight in Parts of the Country
Homes for sale are in short supply in some parts of the country. Inventories are considered tight when it would take buyers six months to buy up the backlog, and that's just what's happening in many major cities.
In Denver, there is a 5.7-month supply; Phoenix, 4.5 months; and San Francisco, 3.2 months.
All over California, the supply of homes that sell for less than $300,000 is tight, said Leslie Appleton-Young, chief economist for the California Association of REALTORS®.
In the Pacific Northwest, Lennox Scott, CEO of John L. Scott Real Estate, doesn’t believe the end of the tax credits will ease demand. "In lower price ranges, prices will stay fairly stable because we're undersupplied," said Scott.
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
Housing Inventory Tight in Parts of the Country
Homes for sale are in short supply in some parts of the country. Inventories are considered tight when it would take buyers six months to buy up the backlog, and that's just what's happening in many major cities.
In Denver, there is a 5.7-month supply; Phoenix, 4.5 months; and San Francisco, 3.2 months.
All over California, the supply of homes that sell for less than $300,000 is tight, said Leslie Appleton-Young, chief economist for the California Association of REALTORS®.
In the Pacific Northwest, Lennox Scott, CEO of John L. Scott Real Estate, doesn’t believe the end of the tax credits will ease demand. "In lower price ranges, prices will stay fairly stable because we're undersupplied," said Scott.
NEW FORECLOSURE LISTINGS / RESORT COMMUNITIES / VICTOR IDAHO
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
---------------------------------------------
$ 330 000
NEW FORECLOSURE LISTINGS - VICTOR IDAHO
ONCE MILLION DOLLAR HOMES - BANK OWNED PROPERTIES
RESORT COMMUNITIES
CALL FOR COMPLETE LIST
p 208 390 0737
email buy@buytetonland.com
Timothy Anderson
Windermere Real Estate Teton Valley
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
$ 330 000
NEW FORECLOSURE LISTINGS - VICTOR IDAHO
ONCE MILLION DOLLAR HOMES - BANK OWNED PROPERTIES
RESORT COMMUNITIES
CALL FOR COMPLETE LIST
p 208 390 0737
email buy@buytetonland.com
Timothy Anderson
Windermere Real Estate Teton Valley
Tuesday, May 11, 2010
Home Values Critical To Recovery
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
---------------------------------------------
Home Values Impact All Areas of Economy
Real estate can be an engine or a brake for the U.S. economy. And today, it's mostly slowing things down.
"The housing market, since it was the epicenter of the crisis, is also central to the feeble recovery," says Ethan Harris, an economist at Bank of America Merrill Lynch.
Everything is interconnected: Employment is closely tied to construction spending, which is 25 percent below what it was in 2006. And because property values remain low, many people are mired in debt and can no longer rely on home equity to help them out of it.
The decline in property values is also preventing small businesses from using equity to expand. And lower property values mean lower property taxes, which dents government spending on everything from teachers to police officers.
Source: The Wall Street Journal, Conor Dougherty (05/10/2010)
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
Home Values Impact All Areas of Economy
Real estate can be an engine or a brake for the U.S. economy. And today, it's mostly slowing things down.
"The housing market, since it was the epicenter of the crisis, is also central to the feeble recovery," says Ethan Harris, an economist at Bank of America Merrill Lynch.
Everything is interconnected: Employment is closely tied to construction spending, which is 25 percent below what it was in 2006. And because property values remain low, many people are mired in debt and can no longer rely on home equity to help them out of it.
The decline in property values is also preventing small businesses from using equity to expand. And lower property values mean lower property taxes, which dents government spending on everything from teachers to police officers.
Source: The Wall Street Journal, Conor Dougherty (05/10/2010)
Saturday, May 8, 2010
BANK OWNED FORECLOSURE / 330 UNIT MOTEL AIRPORT LOCATION / LAS VEGAS
www.buytetonland.com
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737e
mail : buy@buytetonland.com
---------------------------------------------
BRING SOME KIND OF OFFER !!!!
Agent/Broker Description
The property consists of 8, two story walk up buildings with exterior entries. Built in 1980, the hotel encompasses 103,488 square feet and provides 330 hotel rooms. The property has two swimming pools, a full kitchen, bar/lounge and office. Situated on 4.85 acres on two separate parcels, the hotel has adequate parking to accommodate its current use.
Property Features
Bank Owned Hotel Currently Closed
330 Rooms
Located next to McCarran International Airport
2 parcels totaling 4.85 acres
Zoned H-1
No current management or franchise agreements in place
Close to the Las Vegas Strip
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737e
mail : buy@buytetonland.com
---------------------------------------------
BRING SOME KIND OF OFFER !!!!
Agent/Broker Description
The property consists of 8, two story walk up buildings with exterior entries. Built in 1980, the hotel encompasses 103,488 square feet and provides 330 hotel rooms. The property has two swimming pools, a full kitchen, bar/lounge and office. Situated on 4.85 acres on two separate parcels, the hotel has adequate parking to accommodate its current use.
Property Features
Bank Owned Hotel Currently Closed
330 Rooms
Located next to McCarran International Airport
2 parcels totaling 4.85 acres
Zoned H-1
No current management or franchise agreements in place
Close to the Las Vegas Strip
Trophy Home News
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
---------------------------------------------
The 'Cher House' Sold in Miami
ONE Sotheby’s Realty in Miami closed this week on the resale of a mansion sold by singer Cher in 2006 to Sean Wolfington. The recent sale brought $10.45 million, about $2 million more than Wolfington paid.
"There's a shortage of trophy properties on the market and we are seeing an increasing number of wealthy foreign buyers from Latin America and Europe looking to capitalize on the weak U.S. dollar," says Daniel De La Vega, broker of ONE Sotheby's Realty.
Associate Jorge Uribe, who listed the property, says, "A lot of people told me to lower the price by 20 percent to 30 percent because everything was down, but I advised my client to be patient. In the end, the new owners paid a great price for one of the most unique properties in Miami.”
Source: ONE Sotheby’s Realty (05/06/2010)
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
The 'Cher House' Sold in Miami
ONE Sotheby’s Realty in Miami closed this week on the resale of a mansion sold by singer Cher in 2006 to Sean Wolfington. The recent sale brought $10.45 million, about $2 million more than Wolfington paid.
"There's a shortage of trophy properties on the market and we are seeing an increasing number of wealthy foreign buyers from Latin America and Europe looking to capitalize on the weak U.S. dollar," says Daniel De La Vega, broker of ONE Sotheby's Realty.
Associate Jorge Uribe, who listed the property, says, "A lot of people told me to lower the price by 20 percent to 30 percent because everything was down, but I advised my client to be patient. In the end, the new owners paid a great price for one of the most unique properties in Miami.”
Source: ONE Sotheby’s Realty (05/06/2010)
Wednesday, May 5, 2010
Region House Prices Still Falling
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
10 Markets Where Prices Are Still Falling
While the overall housing market appears to be on the mend, there are some Metropolitan Statistical Areas where prices are still falling.
Forbes magazine asked Local Market Monitor, a real estate research firm, to examine all 315 MSAs and identify those where home prices are still at least 10 percent above the point where home prices should be based on economic fundamentals.
Many of these locales have higher than average home prices because they are relatively small and their economies are dependent on a few businesses or a single industry. When those businesses run into trouble, the communities feel the pain.
Here are the top 10 places that Local Market Monitor identifies as most vulnerable to continued price declines:
Source: Forbes, Francesca Levy (04/27/2010)
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
10 Markets Where Prices Are Still Falling
While the overall housing market appears to be on the mend, there are some Metropolitan Statistical Areas where prices are still falling.
Forbes magazine asked Local Market Monitor, a real estate research firm, to examine all 315 MSAs and identify those where home prices are still at least 10 percent above the point where home prices should be based on economic fundamentals.
Many of these locales have higher than average home prices because they are relatively small and their economies are dependent on a few businesses or a single industry. When those businesses run into trouble, the communities feel the pain.
Here are the top 10 places that Local Market Monitor identifies as most vulnerable to continued price declines:
- Atlantic City/Hammonton, N.J.
- Provo, Utah
- Portland, Vancouver, Oregon, Ore.
- Glen Falls, N.Y.
- Bellingham, Wash.
- Flagstaff, Ariz.
- Charleston/Sommerfield, S.C.
- Eugene/Springfield, Ore.
- Salisbury, Md.
- Salt Lake City, Utah
Source: Forbes, Francesca Levy (04/27/2010)
Tuesday, May 4, 2010
Real Estate Killing
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
---------------------------------------------
Woman Sentenced for Slaying Practitioner
A personal assistant convicted of slaying Linda Stein, a well-known Manhattan-based real estate practitioner, was sentenced Monday to 27 years and four months to life in prison.
Stein, who represented such clients as Madonna and Sting, was found beaten to death in her Fifth Avenue penthouse in 2007.
Her personal assistant Natavia Lowery was prosecuted as a thief who stole thousands of dollars from her employer.
Lowery admitted in a videotaped statement that she killed Stein, but later recanted. She continues to maintain that she is innocent.
Source: Associated Press, Jennifer Peltz (05/03/2010)
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
Woman Sentenced for Slaying Practitioner
A personal assistant convicted of slaying Linda Stein, a well-known Manhattan-based real estate practitioner, was sentenced Monday to 27 years and four months to life in prison.
Stein, who represented such clients as Madonna and Sting, was found beaten to death in her Fifth Avenue penthouse in 2007.
Her personal assistant Natavia Lowery was prosecuted as a thief who stole thousands of dollars from her employer.
Lowery admitted in a videotaped statement that she killed Stein, but later recanted. She continues to maintain that she is innocent.
Source: Associated Press, Jennifer Peltz (05/03/2010)
SKI HIL ROAD BANK OWNED FORECLOSURE / TETON VALLEY IDAHO
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
---------------------------------------------
BANK OWNED FORECLOSURE $ 225 000
SKI HILL ROAD LOCATION / DRIGGS
1500 SQ FT
2+ ACRES
LANDSCAPED
* If you have ever thought of Ski Hill Road location with close access to
Grand Targhee this is it !
WILL NOT LAST LONG - POPULAR BANK OWNED FORECLOSURE
Timothy S Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Las Vegas Nevada
pH 208 390 0737
email : buy@buytetonland.com
---------------------------------------------
BANK OWNED FORECLOSURE $ 225 000
SKI HILL ROAD LOCATION / DRIGGS
1500 SQ FT
2+ ACRES
LANDSCAPED
* If you have ever thought of Ski Hill Road location with close access to
Grand Targhee this is it !
WILL NOT LAST LONG - POPULAR BANK OWNED FORECLOSURE
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