Tuesday, September 19, 2006

September 2006


HELLO, MY NAME IS BRAD EMENS
Living right here in the Silverado Ranch area affords me an “AAA” mentality. That stands for ACCURATE-ACUTE-ANALYSIS” of “What’s going on here?” in the real estate market. (See GAVEL PIT story below)
With almost 10 years in residency here, my mental pulse beat is tuned into the nature and essence of our neighborhood and that’s vital to marketing properties here. With all the Glitz and Glitter of this most vibrant city comes issues, so, let’s look at an ongoing one…

GRAVEL PIT IN SILVERADO RANCH
I started my South Valley Reader, in August 2004, the question I am most frequently asked is, “What’s the deal with the gravel pit in our community?” This gravel pit operated, by Impact Sand and Gravel, is located on the 75+/- acre lot on the northeast corner of Cactus Avenue at Amigo Street. The mine has been in operation for more than ten years and is zoned P-F or Public Facility. The land is destined to be used as a detention basin to help control flooding. According to Louis Cervantez, a general manager for Impact Sand and Gravel, “The land will be left as a serviceable basin by 2010 with an agreement that the county will maintain it.” Cervantez also said, “What the company (Impact Sand and Gravel) did was make a deal with the county…We would dig out the basin if Clark County would allow us to have and crush some of the material and sell it.” This type of material, crushed rock, is necessary for construction and development in our area.
Development of our valley requires the presence of these gravel pits. If you have any questions or concerns regarding the gravel pit there is a meeting on September 28 at 6:30 PM in the Antigua Condominium clubhouse, 1050 East Cactus. At this time I would like form a neighborhood committee. If you have questions, comments, or concerns about our community that you would like addressed please write, email, or call me directly at 702-808-3531. My address is 7220 S. Bermuda Road, Las Vegas, NV 89119. It will not always be a gravel pit!

WHAT IS NEXT TO 7-11?
Now under development, next to Jack In the Box and across Silverado Ranch Boulevard from Wal-Mart Neighborhood Market, is a...

NEW NEIGHBORHOOD BANK
Citibank is soon arriving at the southeast corner of Bermuda Road at Silverado Ranch Boulevard. Appeal to potential customers may include its worldwide operations and this branch’s freestanding structure. This bank is not connected with any other type of business providing an exclusive environment.

NEW JOBS
As our infrastructure continues to grow new jobs created will infuse more circulation dollars to our community.

BUYERS’ - OR SELLERS’ MARKET?
Inventory time gives us the answer…
With the greater Las Vegas real estate inventory of 21,398 homes for sale and 2,805 sold in August 2006 (factors to 7.63 months of inventory selling per *) is a sharp decrease vs. last year of 4,598 sold in August 2005.

Here is more information I found on las.mlxchange.com:
February 2003-August2003 21,530 homes sold
February 2004-August2004 28,981 homes sold
February/2005-August2005 27,712 homes sold
February/2006-August2006 20,688 homes sold

ANSWER: It truly is a buyers’ market.

*Numbers reflect resale properties only. New home data not included.

YOUR POWER
Despite being a Buyers’ market, plus the traditional seasonal slowdown heading towards the years end, you have the power, the ability, to effectively move your property. Here’s how…
Tip # 1 Hire a Realtor you trust. This is another solution to getting top dollar for your home. The amount, and type, of exposure your home gets can be measured in the amount of traffic you get. If you put up a “For Sale By Owner” sign the only people who know your home is for sale are our neighbors and the people out driving around looking for a deal.Tip # 2 Set your price right. It is very difficult and expensive to sell an overpriced house. One way to find the true value of your home is by comparing it to similar homes that recently sold in the area and, more importantly, the entire Las Vegas Valley. (If you want to compare your home to other houses that have sold feel free to call me, Brad Emens (702) 808-3531. I will be glad to give you a comparative market analysis.)Tip # 3 Prepare your home before putting a “For Sale” sign up. Help sell your home with low cost cosmetic steps. Hire a professional cleaning service to give your home a deep clean, cut the grass, clean up the outside, paint drab walls and remove the clutter of daily living. Why? Because people buy homes that appear clean, solid and well maintained.Tip # 4 Sell your house with an “Open House.” Kick off your home selling campaign with an open house. Invite all the neighbors for blocks around to your house. Show them your home's best points and tell them your price. Why? Because neighbors are the best promoters of the neighborhood and they all have friends and family who buy homes.If you want to learn how to effectively market you home, or you know someone that does, call me, Brad Emens (702) 808-3531.

Next month I will report on ONE Las Vegas, the Silverado Ranch Interchange, and give you an update on the I15 at Blue Diamond Interchange