Las Vegas, Henderson and North Las Vegas Real Estate: June 2007

Top real estate blogs ... How does ActiveRain compare?

With over 35,000 members and a galaxy of stars in the Featured Posts, we all have our favorites within ActiveRain. Many Rainers have gone on to create quality blogs outside the Rain. I was curious to see how some of the best posts right here on ActiveRain compared to what the general web public considered the best real estate blogs.

The first challenge was in identifying what the "top real estate blogs" were. I began by searching Google, and here's what I found: 

The first site on the list was Blogflux. They rank blog popularity by the number of unique visits a blog receives each week. The top 10 sites from Blogflux were:

It was disappointing to see that so many 'doom and gloom' blogs were getting so much traffic. Encouragingly, The Real Estate Bloggers offered up Foreclosure Picture Not As Dire As Media Makes It Out To Be.


 


Next in Google's results was a post from August, 2006 by Joshua Dorkin at BiggerPockets.com where he chose his Top 35 Real Estate Blogs. It starts rather ominously:

"As the real estate bubble begins to fizzle, so too will most real estate bloggers. There are hundreds or even thousands of people out there blogging about real estate, and most of these blogs stink."

Joshua's list includes Mortgage Fraud Blog, Real Estate Investing for Real, and The Real Estate Bloggers from the Blogflux list, along with:

 


Also on the first page of the Google search results, and definitely worth a look was a post on Altos Research Real Estate Insights about the Real Estate Blog Carnival: Consumer Edition. And be sure to check out Consumer Focused Real Estate Blog Carnival, which is administered by Toby Boyce.

 


Next I surfed over to Technorati. A search there for "real estate" told me thery were tracking 10,212 blogs about real estate. Some of the real estate blogs with the highest Authority ratings are:
 

So how does the best of ActiveRain compare? ... Many of the best individual posts here would fit in quite well on the top blogs. I think the biggest difference lies in our perceived audiences. While Rainers generally tend to write much more locally-based content, the 'top blogs' have more of a global news and issue-oriented focus.

Another difference is that most of the 'top blogs' are based in or write about large metropolitan areas. So even the best-written small town blog will have difficulty competing in terms of traffic and search engine awareness. In this situation, ActiveRain levels the playing field by giving each of us an equal voice within the community.

Aside from traffic and search engine stats, what makes a blog one of the best is very subjective. To paraphrase a former U.S. president "It depends on what your definition of 'top blog' is." Always remember to focus on your intended readership and be true to your beliefs and values in your blogging.

Can we still learn from the 'top blogs'? Absolutely! Look at the topics these bloggers are writing about. See how they develop their posts; encourage conversation; and use formatting, graphics and layout to improve readability. Look at their links and blogrolls to see what they're reading.

ActiveRain just turned one year old; many of us have been blogging for less than that. But those who have put in the time and effort have grown tremendously. We grow both from within and from what we learn outside. Take a look at some of the other real estate blogs 'outside of the Rain' for motivation, inspiration, or to challenge yourself. You'll be surprised how much you and your blogging grow over the next year. Blogspeed!

Chateau Nouveau Condos market report - 1st quarter, 2007

Sales in Chateau Nouveau, a gated condominium development in southwest Las Vegas, NV are up slightly so far in 2007. Six units closed in the first quarter, compared to 4 in the same period in 2006.

Existing resale inventory of 54 homes (plus 2 with accepted offers) makes this an extremely competitive market. Buyers have many options, and aggressive pricing and immaculate condition will be the determining factors. Condos in Chateau Nouveau are located close to the I-215 beltway, Siena, and Bear's Best Las Vegas, a Jack Nicklaus-designed golf course.

Here are the details of the first quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
10001 Peace Way #221312682/2$249,990$249,9907203/05/07
9975 Peace Way #202811172/1$245,000$235,80016703/30/07
9975 Peace Way #200911902/2$239,000$232,1605202/14/07
 
9975 Peace Way #207311172/1$220,000$220,0005803/30/07
9975 Peace Way #20858761/1$185,000$180,00087

01/04/07

9975 Peace Way #21228141/1$180,000$176,4004701/09/07
 
(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)

Chateau Nouveau consists of 564 one to three-bedroom units, from 770 to 1,482 square feet, built in 2003. For more information, or to buy or sell a condo in Chateau Nouveau, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Las Vegas and Henderson condo market reports:
     Duck Creek Village
     Manhattan
     Mission Ridge
     Paradise Village
     Park Avenue
     Trilogy at Stephanie
     Trilogy at Warm Springs South

Mission Ridge Condos market report - 1st quarter, 2007

Sales activity in Mission Ridge, a condominium development in the Green Valley Ranch master plan in Henderson, NV was down 50% in the first quarter of 2007. Eight units closed, compared to 16 in the same quarter of 2006.

Existing resale inventory of 39 units (plus 7 with accepted offers) means there is about a 15-month supply. Price and condition play crucial roles as buyers make their decisions. Condos in Mission Ridge are close to all of the amenities of Green Valley Ranch, and have quick access to the I-215 beltway.

Here are the details of the first quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
700 Carnegie #131311562/2$239,900$230,0006201/29/07
2305 W Horizon Ridge #11112002/2$234,900$228,0006203/02/07
2305 W Horizon Ridge #101312243/2$229,999$223,0006103/02/07
2305 W Horizon Ridge #32112002/2$220,000$210,000202/23/07
 
700 Carnegie #282311983/2$209,900$200,35019703/08/07
700 Carnegie #182311983/2$210,000$198,85011903/30/07
700 Carnegie #151410422/2$204,900$197,8809803/15/07
700 Carnegie #321310422/2$203,500$190,00015803/22/07
 
(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)

Mission Ridge consists of 704 two and three-bedroom condos from 1,042 to 1,224 square feet, built from 2000 to 2004. For more information, or to buy or sell a condo in Mission Ridge, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Las Vegas and Henderson condo market reports:
     Duck Creek Village
     Manhattan
     Mission Ridge
     Paradise Village
     Park Avenue
     Trilogy at Stephanie
     Trilogy at Warm Springs South

Trilogy at Warm Springs South condo market report - 1st quarter, 2007

Sales activity in Trilogy at Warm Springs South, a condominium development in southwest Las Vegas, NV is off to a good start so far in 2007. Eight homes closed in the first quarter.

Existing resale inventory of 12 units (plus 1 with an accepted offer) means there is about a 4-5 month supply. Price and condition will be the determining factors on which homes buyers prefer. Condos in Trilogy at Warm Springs South are close to all of the amenities of the growing southwest area of the valley, as well as the south Las Vegas Strip.

Here are the details of the first quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
6255 W Arby #24316503/3$284,990$284,9901801/22/07
6255 W Arby #24217003/3$279,990$279,9903101/25/07
6255 W Arby #36316503/3$274,990$274,9901602/13/07
6255 W Arby #24615353/3$273,990$273,990702/28/07
 
6255 W Arby #24514523/3$269,990$269,990602/28/07
6255 W Arby #37312202/2$219,990$219,990301/26/07
6255 W Arby #24412272/2$219,990$219,9907502/28/07
6255 W Arby #24712272/2$219,990$219,9901103/08/07
 
(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)

Trilogy at Warm Springs South consists of 279 two and three-bedroom condos from 1,220 to 1,695 square feet, built in 2004 and 2006. For more information, or to buy or sell a home in Trilogy at Warm Springs South, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Las Vegas and Henderson condo market reports:
     Duck Creek Village
     Manhattan
     Mission Ridge
     Paradise Village
     Park Avenue
     Trilogy at Stephanie

Trilogy at Stephanie condo market report - 1st quarter, 2007

Home sales in Trilogy at Stephanie, a condominium development in the Green Valley South section of Henderson, NV are even so far in 2007. Three homes closed in the first quarter, compared to 3 in the same period in 2006.

Existing resale inventory of 16 units (plus 3 with accepted offers) means there is about a 15-month supply. In this highly competitive market, it is critical that homes are priced correctly and in top showing condition to get them sold. Homes in Trilogy at Stephanie have convenient access to the I-215 Beltway, and are close to parks, schools and the amenities of Green Valley Ranch.

Here are the details of the first quarter sales:

AddressSq Ft Bed/BathList PriceSale PriceDOMClosing Date
1326 Crystal Hill #116563/3$299,000$285,00014302/13/07
1306 Crystal Hill #312292/2$239,000$235,0002101/31/07
22 Lone Cove #312292/2$239,900$227,95010501/09/07
 
(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)

Trilogy at Stephanie consists of 170 two and three-bedroom condos from 1,229 to over 1,700 square feet, built in 2005. For more information, or to buy or sell a home in Trilogy at Stephanie, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

Other Las Vegas and Henderson condo market reports:
     Duck Creek Village
     Manhattan
     Mission Ridge
     Paradise Village
     Park Avenue