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If you are living in Henderson/Green Valley or are looking to find a nice townhome.  One just became available.  This 2 story, 2 master suite home also has a 1 car garage with access to the home. 

 

 

Amazon River

Reblogged from Saturn 6:

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I am now traveling through the Amazon River, in the area called the Breves Narrows!  The greenery and wildlife are amazing, the Amazon is home to more wildlife species than anywhere else on earth!  I found this iguana just chillin’ in a branch right outside the boat as we passed by.  Today I learned that the Amazon river pours 55 million gallons of water into the sea. 

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From CEO Ken Baxter's blog

Las Vegas Housing

This is a testMelissa


 Melissa Towbin’s Las Vegas Real Estate Review - Mar. 2011
Melissa Towbin  American First Realty  Phone:702-436-1011  Fax: 702-251-1117  missey524@aol.com
 

 

 

 

 

 

 

    Melissa, here are the real estate headlines:

 

 

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    The number of homes offered for sale in the Las Vegas area seems to have stabilized at around 15,000. This is down significantly from the 27,000 we saw back in 2007 as the real estate “bust” started to gain momentum. The chart below indicates how this has changed over the last few years.

   

    The number of homes sold has also showed remarkable stability. When the inventory was at its peak, sales reached a bottom with as few as 1,300 selling in some months. Today things are much better with over 3,500 sales most months lately.


    The great majority of homes offered for sale are still “distressed” properties, with short sales accounting for more than half and foreclosures making up another quarter. The ratios are reversed when we examine the actual sales with half being foreclosures and one quarter short sales.
    With more and more positive economic news trickling out of both Washington and Carson City, we can expect to see more strengthening of the Las Vegas real estate picture.

 

 

 

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    A lot of the real estate headlines are based on “Lazy” statistics. These are statistics created without really doing the hard work that the truth demands. House prices are a perfect example. Almost all the news regarding prices is built upon the shaky foundation of “median” prices. This is a badly flawed method since it is strongly pulled by, not just prices, but by the size of homes selling.
    There are two notable exceptions to this proliferation of lazy statistics. These are the CoreLogic and Case-Schiller price indexes.

    The better of these two is the Case-Schiller report. Developed by two economists in the early 1980′s, this uses paired sales and a proprietary weighting system to establish a highly respected reflection of current and past real estate market pricing. Done consistently since 1987, there are monthly Case-Schiller reports for 20 major metropolitan areas including Las Vegas.
    The above chart is based on the Case-Schiller Las Vegas reports. You can see (green arrow) that we are now back to the October, 1999 price levels. More importantly, you can readily see that, after falling at a dizzying pace for two and a half years, the rate of price decline slowed in late 2009.
    We have heard of a “double-dip” in the house-price collapse. There is nowhere to go but up. This chart tell us that any further declines will be minimal. The worst is now far behind us.

 

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     More Americans are working and that’s good news for Las Vegas. People without jobs are extremely unlikely to hop on a flight to Las Vegas and spend money. And tourists spending money here is the main driver of our local economy. As America gets back to work, Las Vegas gets back to work. The chart above shows that jobless claims, a major economic indicator, hit a new low level. This is very positive when compared to the start of 2009.

    Our county’s Gross Domestic Product has been increasing every quarter since early 2009, as you see in the chart above. This is a very powerful sign that we are now well past the depths of the Great Recession.
    With both jobs and the GDP coming back, all that remains is for time to take its course. Employment and consumer confidence always lag behind the economic recovery. Despite the problems of the last several years, consumer confidence is slowly starting to rebuild.

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    With banks paying under 1% on your savings account, real estate is one place to earn a good return. This Sun City home (Often Seniors are much better renters) is over 1,100 square feet, has tile floors, a low maintenance yard and is almost ready for your renter..
  Cost to Buy this Investment:
       $110,000 Purchase Price
       $27,500 Down payment (25% for investor)
       $82,500 Loan
       $2,500 Closing Costs
        6.0% Interest rate (investment rate)
  Monthly Investment (figured high):
       $500 Principal and interest
       $100 Property Taxes
       $50 Landlord’s Home Insurance
       $75 Vacancy/Repair allowa nce (1/12)
   Monthly Income (figured low):
       $900 Rent (low average)
   Monthly Net:
       $900 Income
       $725 Expenses
       $175 Net Income

That is a 7% return on investment, however, you have an appreciating asset. In a few years, once the price doubles, you can sell it and walk away with about a $100,000 profit on an investment of $30,000!

Melissa, please call me at 702-436-1011 for the numbers on a lower or higher priced home. 

Buy a home as a place to live or as an investment, but do not depend on appreciation since no one can predict the future with any degree of accuracy

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     The February rate of new home sales continues at an anemic pace through the end of February, according to the US Dept. of Commerce. Economists feel we will need to almost triple the current annual rate to regain vitality in this key industry.
   The problem is that new home builders simply can’t compete with the resale prices that have been driven down by foreclosures and short sales.
    This is unfortunate since every new home constructed creates three job per year and, according to the National Association of Home Builders, generates $90,000 in taxes.
    Despite the availability of very affordable resale homes, some consumers will always buy a new home. This fairly small slice of the buying public (less than 10%) is what is sustaining the remaining new home builders. Here in Las Vegas, new home sales for 2010 were under 5,000, about one seventh of the breakneck pace established du ring the boom just a few years ago. Using the NAHB job formula of three per house, that means the Las Vegas area lost almost 100,000 jobs from just this one market segment.
    The housing industry “experts” are predicting that home building won’t come back until the vast majority of resale homes are sold. That, according to the most reliable economists, may still be several years
.

MelissaTowbin
702-436-1011 

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Common Sense

If we had taken the money we spent on the war and given everyone an New Car that

runs on natural gas, we could solve many problems.  First, oil dependent USA,

Second, parts would be local not imported, made in the USA.  What a concept, support

ourselves and not be dependent.  Seems the Founding Fathers and all those that gave their ALL

fought for exactly that.  Now let’s live for exactly that.  Independence.

If we had taken the money we spent on the war and given everyone an New Car that

runs on natural gas, we could solve many problems.  First, oil dependent USA,

Second, parts would be local not imported, made in the USA.  What a concept, support

ourselves and not be dependent.  Seems the Founding Fathers and all those that gave their ALL

fought for exactly that.  Now let’s live for exactly that.  Independence.

Today a friend stopped by and showed me the home she is presently renting has been sold at “auction”. The purchaser bought it at Nevada Legal News and has now put in writing she only has 3 days to move. Has also called my friend and told her they will change the locks at 12 noon. Which is on the 3 day notice to be out by 12 noon.

Please call a local advocate or the Constables Office. There is a procedure that has to be followed,
I want to say “you have rights”. Do not allow scare tactics, please remember “You have rights”.

Please check this site below before renting anything.  Just a warning that you could otherwise fall prey
to distressed homeowners pocketing the rent and being left homeless.   Anytime I find someone looking
for a rental, as a NV Licensee, I check with Clark County Recorders records first.  Please be careful…
——-Original Message——-

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This lovely 1 story, 4 bedroom home is located in the west part of Las Vegas, NV by 215 & Flamingo. This home boasts $90,000 in upgrades including a sun room
http://www.postlets.com/repb/4883121 for pictures and information.

A GREAT JEWISH BRONX TALE
This is a wonderful story. Be sure you read it all.
The  South Bronx  in 1950 was the home of a large and thriving  community, predominantly Jewish. In the 1950s the  Bronx  offered synagogues,  mikvas, kosher bakeries, and kosher butchers — all the comforts one would  expect
from an observant Orthodox Jewish community.
The baby boom of the  postwar years happily resulted in many new young parents. As a matter of  course, the  South Bronx  had its own baby equipment store, Sickser’s.
Sickser’s was located on the corner of  Westchester and Fox, and specialized in “everything for the baby” as its slogan ran.
The inventory began with  cribs, baby carriages, playpens, high chairs,changing tables, and toys. It  went way beyond these to everything a baby could want or need. Mr. Sickser,  assisted by his son-in-law Lou Kirshner, ran a profitable business out of the  needs of the rapidly expanding child population.
The language of the store  was primarily Yiddish, but Sickser’s was a place where not only Jewish  families but also many non-Jewish ones could acquire the necessary for their  newly arrived bundles of joy.
Business was particularly busy one spring day,  so much so that Mr. Sickser and his son-in-law could not handle the  unexpected throng of customers.
Desperate for help, Mr. Sickser ran out of  the store and stopped the first youth he spotted on the street. “Young man,”  he panted, “how would you like to make a little extra money? I need some help  in the store. You want to work a little?”
The tall, lanky black boy  flashed a toothy smile back. “Yes, sir, I’d like some work.” “Well then,  let’s get started.”
The boy followed his new employer into the store. Mr.  Sickser was immediately impressed with the boy’s good manners and demeanor.
As the days went by and he came again and again to lend his help,  Mr.Sickser and Lou both became increasingly impressed with the youth’s diligence,punctuality, and readiness to learn. Eventually Mr. Sickser made him a regular employee at the store. It was gratifying to find an employee  with an almost soldier-like willingness to perform even the most menial of  tasks, and to perform them well.
From the age of thirteen until his  sophomore year in college, this young man put in from twelve to fifteen hours  a week, at 50 to 75 cents an hour.
Mostly, he performed general labor: assembling merchandise, unloading trucks and preparing items for shipments.  He seemed, in his quiet way, to appreciate not only the steady employment but  also the friendly atmosphere Mr.Sickser’s store offered.
Mr. Sickser and Lou  learned in time about their helper’s Jamaican origins,and he in turn picked up a  good deal of Yiddish.
In time the young man was able to converse fairly well with his  employers,and more importantly, with a number of the Jewish customers whose  English was not fluent. At the age of seventeen, the young man, while still  working part-time at Sickser’s, began his first semester at City College of  New York. He fit in just fine with his, for the most part Jewish  classmates, hardly surprising, considering that he already knew their ways  and their language.
But the heavy studying in the engineering and, later,  geology courses he chose  proved quite challenging.The young man  would later recall that Sickser’s offered the one stable point in his life  those days.
In 1993, in his position as the Chairman of the Joint Chiefs of  Staff , two years after he guided the American victory over  Iraq  in the  Gulf War, General Colin Powell visited the  Holy Land . Upon meeting Israel ‘s  Prime Minister Yitzhak Shamir in Jerusalem , he greeted the Israeli with the  word
“Men kent reden Yiddish” (We can speak Yiddish).
As Shamir, stunned,  tried to pull himself together, the current Secretary Of State continued chatting in his second-favorite language. Colin Powell never forgot his  early days working at Sickser’s.

Jeanne Schomaker

Senator Harry Reid

I wanted to thank Harry. My Father worked at the Nevada Test Site during “cold war” days. He has since passed away. For the last 5 years of his life my parents applied to get compensated as my Dad had serious overexposure at Nevada Test Site. They were turned down 3 times and after 5 years were ready to shred the pounds of papers they kept. That was until I emailed Harry Reids office and he sent me a letter letting us know that NTS was now included in the compensation. If only my Dad could have lived to enjoy this moment. He suffered many strange diseases, very rare ones and died to young.
I know there is a lot of negative stories out there about Harry Reid, but look for bad find bad, look for good find good.
We are ever so thankful that he cared and got involved.

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