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Articles by Glenn Plantone

  • Mind the Gap
    The current Las Vegas market has brought about a gap between supply and demand, as well as between bank-owned foreclosures and prices that owners can list their homes. How this can mislead perceived benefits of the market dynamics.
    Published 19Nov2009, viewed 82 times
  • Short Sales vs. REOs
    Explaining the differences between short sales and REOs as pertaining to the position of a buyer or from the position of a seller. As well as the benefits in the present and changing market with future credit score/buying power addressed.
    Published 12Nov2009, viewed 151 times
  • Trustee's Sale Becomes Best Buying Option as Home Prices Rise in September
    Record home sales numbers continue in the Las Vegas valley as investors scramble to acquire properties for pennies on the dollar. As demand increases, supply of foreclosre / REO homes is decreasing. As a result, September saw the first median home price increase in Las Vegas in over two years. The best place to acquire low priced investment properties is the trustee's sale...where prices are discounted 20% off already low REO retail values.
    Published 07Nov2009, viewed 76 times
  • Short Sales Increasing
    Time for seeking REO's is being eclipsed by the increasing benefits and inventory of short sales in Las Vegas.
    Published 06Nov2009, viewed 157 times
  • Shrinking Inventory Necessitates New Buying Strategies
    Shrinking inventory of bank owned REO properties in the Las Vegas real estate market is creating bidding wars that are making it difficult for investors and owner occupants to purchase properties. Savvy home buyers are having to look to alternate methods, such as the trustee sale, to acquire wholesale properties.
    Published 15Sep2009, viewed 365 times
  • Will Cash Flow For Cash
    Properties are now cash flowing in the Las Vegas valley for the first time in over a decade. Investors are moving back into the market as properties are now selling for less than half of their list prices from only three years ago. Closings reached record highs in June and July, 2009.
    Published 11Sep2009, viewed 271 times
  • False Bottoms - Or When the Tail Wags the Dog
    We all know that the real estate market collapse triggered a much larger economic downturn. But as we watch real estate markets across the country reach their bottom does that mean that the general economic malaise will also turn around? Can the cause also be the remedy?
    Published 16Jul2009, viewed 185 times
  • The Bottom of the Las Vegas Real Estate Market Has Arrived!
    Although the national news media isn't reporting it yet...we have finally reached the bottom for the Las Vegas real estate market. Three key factors used to identify a market bottom have all been met. This is possibly the best time to purchase real estate since the Great Depression.
    Published 28May2009, viewed 206 times
  • How to Buy Foreclosures
    Foreclosures have exploded across the United States, especially in cities like Las Vegas, and they can present an excellent buying opportunity for investors. However, it is important to understand the several stages inherent within the foreclosure process and the best time to buy within those stages.
    Published 19May2009, viewed 232 times
  • Auction of MGM Signature Towers Sets New Record Low Comp Values
    Sales prices and comps on high rise condos in Las Vegas have been steadily declining for the last two years. The auction of units at the MGM Signature towers created new low comps for these high end properties. This may signal a great buying opportunity for second home buyers as well as real estate investors.
    Published 29Apr2009, viewed 442 times
  • Trump Says,
    Donald Trump, real estate mogul and billionaire, says that plummeting home prices across the nation represent a unique buying opportunity for would be home owners and investors.
    Published 21Apr2009, viewed 201 times
  • Historic Investment Opportunities Rival Those of the Great Depression
    Although we are facing the most serious economic downturn since the Great Depression, as in the Depression this time of distress also offers great investment opportunities. Real estate has once again become the best avenue for growth and cash flow. Specific areas of the country provide unique opportunities in this regard. Northwest Las Vegas leads the list.
    Published 02Apr2009, viewed 221 times
  • No New Building In Las Vegas Great For Investors
    New apartment as well as new home building has come to a stand still in the Las Vegas valley as vacancy rates rise and rents drop. This may be good news for investors who are able to pick up foreclosures and other properties for pennies on the dollar. As demand catches up to supply, rents will rise, and these investors will find themselves in a very favorable position.
    Published 11Feb2009, viewed 359 times
  • The Bottom is Near if Not Already Here
    Looking at the data at hand it appears as though the bottom of the real estate market in here. Anyone looking to take advantage of homes as low as 35 cents on the dollar should be seriously looking at this time. Las Vegas has not only lead the nation in foreclosures but it may also lead the turnaround in real estate.
    Published 25Dec2008, viewed 277 times
  • Cash Is Truly King in Las Vegas Real Estate
    Cash deals on foreclosed homes in Las Vegas are getting investor buyers the best bang for their buck. In a market where 85% of the deals are being financed having the cash to buy a foreclosure will almost guarantee a lower price as banks are getting nervous about the tight credit market and are jumping at under list priced cash offers by savvy invesor buyers.
    Published 30Oct2008, viewed 284 times

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