Las Vegas, Henderson and North Las Vegas Real Estate

How we can help southern California

"The recovery will be a marathon."
     - California Governor Arnold Schwarzenegger

With most of the California wildfires contained, we are just starting to get a glimpse of the devastation. Vibrant images of fire have been replaced with somber pictures of residents returning to their neighborhoods to sift through ash and debris, looking for just a glimmer of hope. "The recovery will be a marathon."

A view of eastern San Diego county

A marathon is 26.2 miles, a daunting challenge that athletes train months for. It is a test of conditioning, discipline, endurance and sheer willpower. It is one runner against many, one against the course, or one against themselves as they strive to set a new personal best.

What if that single runner had help from a team, like 55,000 ActiveRain members? If each of us took just one step we would complete the course! Small individual efforts can produce tremendous results. Just one step.

In responding to Hurricane Katrina, Keller Williams created the Heart 2 Heart program. Each market center around the country 'adopted' one or more affected Gulf Coast families, providing them financial, emotional and spiritual support to help rebuild their lives and careers. We can model the same program on ActiveRain. It's all about matching resources with needs.

How you can help

The first step is to determine needs. For many, insurance will cover their losses in time, but what about these next few weeks? What about the holidays? How long will it take for their lives to get back to normal?

The fires burned in five California counties: San Diego, San Bernardino, Riverside, Los Angeles and Orange. There are 4,657 ActiveRain members in those counties. If you're one of them and need help, let us know. If you're an AR group leader, check with your members in those counties to see how they're doing. Are you a Virtual Assistant, Stager, Title Rep? Check with the southern Californians in your profession to find out who needs help.

Step two is identifying resources to fill those needs. Work together with your groups, your profession, your office, your local community. Volunteer to adopt a family and get your office or community involved to help them get back on their feet. Share your successes and challenges with us.

To centralize our efforts, there's a new group called ActiveRain Cares. If you know of someone in need, have resources to offer, or simply have a desire to help, contact me or post a message to the group. This will be a work in progress, but I promise that if you sincerely participate, the rewards will be great. Start by taking just one step. Join ActiveRain Cares and help the people of southern California finish their marathon.


Photo from
Flickr. Used under Creative Commons License.

Southern Highlands: Toscana Vineyards market report - 3rd quarter, 2007

Home sales activity in Toscana Vineyards, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV barely rebounded in the 3rd quarter. Three homes closed, compared to a just one from April through June. The neighborhood continues to struggle relative to 2006 results, with activity down 40%.

Existing resale inventory has climbed to 21 homes (plus 2 with accepted offers), strongly favoring buyers. A growing number of foreclosures and short sales are putting downward pressure on prices, making this market a challenging one for sellers. Homes in Toscana Vineyards at Southern Highlands are close to schools, parks and shopping, as well as the south Las Vegas Strip,

Here are the details of the third quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
11128 Crosseto 3487 5/5 $644,900 $585,000 151 07/31/07
6039 Aromatico 2596 3/3 $509,900 $485,000 17 09/14/07
11224 Gammila 2325 3/3 $419,900 $380,000 61 07/31/07
 

(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Toscana Vineyards consists of one and two-story homes from 1,103 to over 3,700 square feet, and were built by Beazer Homes in 2003 and 2004. For more information, or to buy or sell a home in Toscana Vineyards at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Southern Highlands neighborhoods:
     Bella Terra
     Cortona Hills
     Montagne Marron
     Royal Highlands
    
See also:
     Las Vegas real estate - September, 2007 market statistics
     Las Vegas real estate - August, 2007 market statistics
     Las Vegas real estate - July, 2007 market statistics

Southern Highlands: Royal Highlands market report - 3rd quarter, 2007

Home sales activity in Royal Highlands, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV rebounded slightly in the 3rd quarter of 2007. Eight homes closed, up from five in the second quarter, and bringing the total for the year to 23.

Existing resale inventory of 47 homes, (24 in Inverness and 23 in Glen Eagle), favors buyers, and much more so in the more expensive Inverness segment. A limited number of buyers as price points increase and the overall softening of the Las Vegas market are challenges that sellers must overcome. Royal Highlands at Southern Highlands is a gated community, with quick access to schools, parks and shopping, as well as the south Las Vegas Strip.

Third quarter sales at Inverness:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
11072 Whistling Straits 5266 5/5 $920,000 $875,000 142 07/31/07
11204 Grants Landing 3651 4/3 $899,900 $830,000 54 07/27/07
 



Third quarter sales at Glen Eagle:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
11015 Royal Highlands 2548 3/3 $555,000 $555,000 29 08/01/07
11021 Royal Highlands 2521 3/3 $519,000 $519,000 20 08/02/07
11008 Fishers Island 2162 3/3 $375,000 $385,000 1 07/17/07
 
11031 Fintry Hills 2350 3/3 $389.900 $366,175 50 07/09/07
10947 Carberry Hill 2459 3/3 $389,900 $358,000 24 08/23/07
11028 Dornoch Castle 2459 4/3 $379,900 $347,500 30 08/23/07
 

(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Royal Highlands consists of two neighborhoods, Inverness and Glen Eagle, and is built by American West. Homes in Inverness are 3,641 square feet to over 5,200 square feet, include basements, and have 1/4-acre lots. Glen Eagle is a 2-story collection from 2,162 to 2,548 square feet. New homes are still available. For more information, or to buy or sell a home in Royal Highlands at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

More neighborhood reports:
     Bella Terra
     Cortona Hills
     Montagne Marron
     Toscana Vineyards

See also:
     Las Vegas real estate - September, 2007 market statistics
     Las Vegas real estate - August, 2007 market statistics
     Las Vegas real estate - July, 2007 market statistics

Southern Highlands: Montagne Marron market report - 3rd quarter, 2007

Home sales activity in Montagne Marron, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV remained consistent in the third quarter of 2007. Two homes and three townhouses closed, bringing the total for the year to 9 homes and 8 townhouses. This is 45% behind last year's pace for the first nine months.

Existing resale inventory of 20 homes amd 8 townhouses (plus 2 homes and 1 townhouse with accepted offers) favors buyers of homes, but is balanced for townhouses. Still, with the limited number of sales per quarter, it is important for sellers to price aggressively in order to make it onto the buyer's short list. Homes in Montagne Marron at Southern Highlands are close to schools, parks and shopping, as well as the south Las Vegas Strip,

Here are the details of the third quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
5474 Volonne 2400 3/2 $409,950 $399,950 220 07/09/07
11177 Montagne Marron 1930 3/3 $359,900 $334,700 170 08/31/07
 
11093 Bandol (TWH) 1704 2/2 $275,000 $265,000 123 09/14/07
11077 Bandol (TWH) 1273 2/2 $259,900 $255,000 92 08/01/07
10947 Ampus (TWH) 1273 3/2 $249,900 $232,900 49 08/09/07
 

(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Montagne Marron consists of 240 one and two-story homes from 1,273 to over 2,900 square feet, plus 130 townhouses from 1,261 to 2,190 square feet. They were built from 2000 to 2003. For more information, or to buy or sell a home in Montagne Marron at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Southern Highlands neighborhoods:
     Bella Terra
     Cortona Hills
     Royal Highlands
     Toscana Vineyards
    
See also:
     Las Vegas real estate - September, 2007 market statistics
     Las Vegas real estate - August, 2007 market statistics
     Las Vegas real estate - July, 2007 market statistics

Southern Highlands: Cortona Hills market report - 3rd quarter, 2007

Home sales activity in Cortona Hills, a neighborhood in the master-planned community of Southern Highlands in Las Vegas, NV continued a steady pace in the 3rd quarter of 2007. Two homes closed, matching the 2nd quarter results. For the first nine months, 8 homes have closed in 2007, compared to 9 in 2006.

Existing resale inventory of 7 homes means that this is one of the few balanced micro-markets in the Las Vegas valley. Prices have fallen about 10-15% from 2006 levels, which may have caught the attention of value-seeking buyers. Homes in Cortona Hills at Southern Highlands are close to schools, parks and shopping, as well as the south Las Vegas Strip.

Here are the details of the third quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
5070 Hacienda Grande 3885 5/5 $699,000 $677,410 168 07/02/07
4984 Danube 3885 5/5 $599,900 $580,500 19 08/28/07
 

(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Cortona Hills consists of one and two-story homes from 2,332 to over 3,800 square feet built in 2001 and 2002. For more information, or to buy or sell a home in Cortona Hills at Southern Highlands, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Southern Highlands neighborhoods:
     Bella Terra
     Montagne Marron
     Royal Highlands
     Toscana Vineyards
    
See also:
     Las Vegas real estate - September, 2007 market statistics
     Las Vegas real estate - August, 2007 market statistics
     Las Vegas real estate - July, 2007 market statistics