Short Sales Increasing
Tuesday, November 03
Over the last year, many of my clients have asked me about the feasibility of short sales…both from a seller’s perspective, as a way out of an upside down property; and from a buyer’s perspective, as a way to acquire properties below market rate. Up until recently I have advised most of my clien...
MGM Signature Condos Selling at Trustees Sale
Tuesday, October 27
It has been a little over three months since my last update on the MGM Signature Condos and I wanted to update my readers on the new developments that have been taking place. Those of you who are on my mailing list will have received a spread sheet I produced that details the profitability of ...
Las Vegas Mayor Oscar Goodman Discusses Local Real Estate
Tuesday, October 20
Over 100 people pre-paid to attend the October meeting of the Las Vegas Real Estate Insider Club in the conference room on the top floor of the Newport Lofts in downtown Las Vegas. Club founder Glenn Plantone welcomed Las Vegas mayor Oscar Goodman as the keynote speaker for this special event. Un...
Glenn Plantone Featured in Las Vegas Sun Article
Tuesday, August 04
I recently had the pleasure of being interviewed for an article written by Brian Wargo for the "In Business" section of the Las Vegas Sun. Following is a reprint of the article which was titled, "Single Family Homes Catch Investors' Eyes - Buyers Focus on Rental Income More Than Appreciation Pote...
MGM Signature Towers Update
Thursday, July 23
The last time I reported on the MGM Signature Towers was in late April when new low comps were established for both Studio and 1 Bedroom units at the close of the MGM auction. I wanted to take a moment to update my readers as prices continue to drop on these properties here in Las Vegas. I have b...
False Bottoms?
Tuesday, July 14
For the last 18 months real estate investors, market analysts and other experts have speculated as to when the long awaited bottom for the beleaguered real estate market would finally arrive. Rather than offering guesses as to how long the down market would last, I have tried to focus on identify...