Friday, October 26, 2007
Friday, September 21, 2007
UPDATE: the basics for the website are being loaded onto the server now. Lots of content to move. Will take all weekend. But we're real excited. Hope you like it!
We've been creating a whole new website for Very Vintage Vegas.
People used to say things like "I went to your site once" "It's just like every other site", and "once I was there, there was no reason to go back", "it was all about you, not about the market (or the neighborhoods, or the houses, or anything else)
99% of the Realtors have people say the same thing. We call that a static website. The thing is, that the static site had lots of stuff on it, such as tips for buying and selling, articles about how to pick a Realtor, Mortgage Calculators, links to the mls etc, but mostly it was "All about Jack".
Then we started blogging. We abandoned the old site, and built up a blog with available free resources such as BLOGGER.
People started reading VeryVintageVegas regularly. I started getting calls from people that sounded something like "My friend sent me a link to your blog, and I've been reading it regularly for a month now" "I am so happy that you're telling the world how cool, hip, fun and interesting it is to not only live in Vintage Vegas, but that they can have a home that doesn't look just like the one across the street". They say "thank you for providing a resource that allows us to show are friends that we're not crazy for not living in the suburbs".
We started trying to get noticed by the search engines, and we started getting calls and emails from people who don't live Las Vegas, but are planning on it in the near or far future.
But still there's "static" parts of the old website that ought to be there.
We've been building a whole new site, which will have the "BLOG" at it's centerpiece, but we'll have all the static stuff again, and....we'll have a much better platform to showcase the properties that we're promoting, including other agent's listings that are worthy of showing you, and for sale by owners.
We're Going to start transitioning to the new site Friday morning. The functionality is complete, but the content will be added back in over the next week or two. I'll continue blogging daily, and will probably blog about each section of the new site when it comes on line.
Your comments, critiques, criticism, and hopefully compliments will be welcome.
You might have to create a new bookmark or shortcut though, the website URL will still be VeryVintageVegas.com
Posted by unclejack at 11:09 AM
Thursday, September 20, 2007
We'd been talking to the owner about how a square box, crown molding and an arch over the door didn't fit or look right on a classic "Cinderella" Ranch. He had never thought about it before. He was trying to make the house more 2007 suburbia. The term for that is "re-MUDDLE". Looks like now he'll get a do over. These 2 pictures are the front of the house when he bought it last year (from the MLS) and after the fire showing the "box".
Wednesday, September 19, 2007
All of that was great information and then we got to go for a tour of the 10th floor which included Mayor Goodman’s office. Wow! Jack took several pictures which I’m sure he will post for all to see. Mayor Goodman had told me he was a collector and I sure would love to have some of his fabulous things in my collection. This was such a treat for everyone in the group, especially Jack and me.
Finally we got a complete tour of the city television channel, KCLV, channel 2. It is really a well equipped TV station and it doesn’t cost the taxpayers anything. The money to pay for it comes from part of the franchise fees paid for cable TV. Everyone got to appear both behind and in front of the camera. It was my first time behind one and getting to zoom in and focus on the panel discussion we improvised was truly amazing. They explained about green screens and blue screens and we got to see all the fabulous video and audio equipment.
The class was totally enjoyable and I am so looking forward to the one next week. MJ
From the Mortgage Matters Newsletter:
The long awaited Fed decision arrived with a bang! The Fed surprised many economists and traders with a half percent cut in both the Fed Funds and Discount Rates. Stocks soared higher and enjoyed their largest gain since 2003.
What does the Fed cut mean? Rates on consumer debt, car loans, and Home Equity lines will all benefit. But because Home Loan rates are tied more closely to inflation, it is not uncommon to see less of a reaction...or even an opposite reaction in mortgage rates.
The Fed cut also hurts rates of return on investments, which gives foreign investors less incentive to invest in US securities. This has sent the Dollar much lower against the currency of most major foreign countries. This makes foreign goods more expensive for us to buy, which adds to inflation pressures.Overall, the Fed cut is good news for the economy, but may nudge inflation a bit higher.
Uncle Jack's take on it:
We started getting some good news 3 weeks ago with the discount rate cut, and now, this 1/2 point drop in the fed rate is another shot in the arm. As Gary Keller, the founder of Keller Williams Realty always says "All Real Estate Is LOCAL". The fundamentals of Las Vegas haven't changed at all. Low unemployment, job growth, more people moving in than moving out. All unchanged.
The first buyers off the block (or the fence, in this case) will either score the best deals, or score the best home. Investors are out snagging the foreclosures. The vast majority of the homes in Vintage Vegas that are on the market are pretty crappy. The nice ones aren't nearly as discounted and aren't going to be either. The selection of the BEST homes in Vintage Vegas has never been better.
The big difference between Vintage Vegas and the Suburbs, is that EVERY home in Vintage Vegas has to be considered a "custom". There are no 2 alike. Out in Summerlin, or Green Valley or Alliante, or countless neighborhoods on the way to them, there's dozens, if not hundreds of absolutely similar properties for sale. Not so in Vintage Vegas. Each home is old enough to be unique.
There's some fantastic property that's ready for the smart buyer. And, there's some terrific bargains for the savvy investor or owner occupant, but they will need some or a lot of work. 3 or 6 months from now, I'll be hearing buyers lamenting that they didn't buy last summer or fall.
It's inevitable. All real estate is local. The dynamics of the gentrification of the urban core can't be stopped.
Time to visit the "clutter" folder again. I keep explaining that buyer's are looking for the best properties, or the best bargains.
The bargain hunters will flock to a property that shows like this, so the seller better be prepared for no offers, or real lowball ones.
But the "I want to live in it for 5 years buyer" who's NOT looking for a fixer upper won't even want to go see it.
Homes that don't show well, and promoted as such are inviting the buyers to try to steal it, or to ignore it.
The only thing worse than a bad picture is NO PICTURE AT ALL!
Tuesday, September 18, 2007
Monday, September 17, 2007
Our favorite Sun Reporter (Joe Schoenmann) and past client wrote a great piece yesterday on the Fremont East Entertainment District Read the whole article HERE.
If you've been reading us for a while, you know that we are huge supporters of Fremont East. We go down every Thursday for the LoPro Mixer. Often we stay around for what ever band is at the Beauty Bar, have dinner at the El Cortez or venture across LVB to Fremont Experience.
We're always running into locals, meeting new friends and having a great time.
Joe nails it pretty good, but I think it will look like 6th Street in Austin Tx real soon. It's been the iconic live music street in America for many years, but I think Fremont can top it real soon.
If you haven't been there yet, next Wednesday the 26 will be a special event that Steve and I are inviting you to attend.a special event that Steve and I are inviting you to attend. Great Cause, Great Music, Gold FUN! We'll remind you again next week.
Steve found the first one last week and posted it and I really thought there couldn't possibly be any more that I've missed, but here's another, which I found on 6th Street. Still swearing I'm going to get around to naming them and cataloging them. Someday!
In a breakthrough collaboration of artists, musicians, designers and small businesses in Downtown Las Vegas, Lolita Bush has managed to pull together an amazing fund raising event. With artists & DJ's traveling from as far away as Los Angeles, Detroit, & New York, this event promises to be the do not miss party for September.
You'll read about the event in City Life, but you can visit our Artists, Beneficiary, and Sponsors today by clicking the flyer!
Jack LeVine and VeryVintageVegas.com is just one of the local small businesses behind the effort to raise funds for Toms Shoes; a company that last year put 50,000 pairs of shoes on the feet of impoverished children in Argentina, & this year will be making a drop in South Africa. I (as DJ XMS) and Dj Duwop will be representing Las Vegas in the Dj battle vs. Matter & Balance from L.A. Whether you want to come dance, support the cause, or just play your chance to win prizes & raffles, or the 'Best Golden Dressed' contest, please come out and join us @ Beauty Bar on Fremont st., Wednesday, Sept. 26th from 7pm to the wee hours of the morning.
Posted by unclejack at 10:31 AM
Rainbow's End Natural Foods Is One Of The Oldest Health Food and Vegetarian Restaurants in Las Vegas
From the “lazy agent” folder, we find this little gem. What buyer wouldn’t want to have to clean this up? Actually, what agent wouldn’t spend 1 minute to at least push the stuff out of the picture? Granted it’s a bank owned repo, and the previous owner left in a hurry, but really!
But then again, if all the crap and the chair was removed, what would the photo tell us about the property? It has carpet in some room or other.
The only thing worse than a bad photo is NO PHOTO AT ALL!
Sunday, September 16, 2007
We've never done a video tour before on any of our listings. Frantz and Stephanie and I agreed to give it a try. I'm going to use photos from this, as they're professionally lit.
We're marketing the heck out of our listings, and promoting the urban core (which we jokingly call "Very" Vintage Vegas) in general, but I only usually see these done for huge mansions of more than a million.
Click Here For The Tour of 1720 S. 15th Street
The minute I walked outside to go meet Susan, I started sneezing and my eyes started watering. From our kitchen window, we have a great view of downtown, and the Sheep Mountains to the north. Usually we can judge the air quality with just a glance. I knew I couldn't see the mountains at all, and the skyscrapers were kind of blurry, but I didn't think it would affect me so heavily.
As to Susan's hunt for the perfect townhouse, we've narrowed it to the first choice in each of 4 communities. Each is special in it's own way. The minute her house sells in Spokane, Steve will fly in to Las Vegas just to see the 4 choices (presuming one or more don't sell by then).
Susan's bathroom is complete, finally, and her agent in Spokane has a buyer who's very interested but hasn't made an offer yet. And, I'm happy to report that after a month of living in Las Vegas, and teaching special ed 8th Grade, she's even happier in Las Vegas than she thought she'd be! I never doubted she would.
These pictures were about 6pm looking west from Pecos and Desert Inn.
Click the pictures to see them full screen.
I'm still trying to figure out how they took this picture. I could have put it in the furniture folder, or the crooked folder for the wall pictures, or in the how did they do this folder. But I went with the crooked picture category since the 2 photos together will let me make a double entendre.
The bathroom shot below tells the rest of the story about holding the camera level.
At least the agent didn't show up in the mirror!
The only thing worse than a bad picture is NO PHOTO AT ALL!
Saturday, September 15, 2007
We found the owner of "Tink" the puppy that we rescued last week.
My camerawas rescued by the wonderful people at RAINBOW'S END NATURAL FOODS to whom I am deeply grateful.
Or listing at 3455 Algonquin Circle (in Paradise Palms) CLOSED on Monday! The buyer is a performer in one of the Cirque shows. Thanks to Stephan LaForge of Vegas Realty for bringing us a very smart buyer, and for a clean, on schedule transaction.
My dear friend and one of my favorite Realtors (I mentored her for a year when she started her career) Astraia Matelich became MRS. Scott Lee last night in a beautiful ceremony at the Four Seasons. Congratulations and Best Wishes!
Green Technology And Vintage Vegas HomesThe "Green Guy" is the one we're negotiating with on 1701 15th St. We have an agreement in principal, but will get the actual contract today for review.
No... he's not an alien with green skin, but his heart and soul are "green", so he's proposing a showcase for "Green" Technologies and a "Green" earth friendly, healthy home ideas. Vintage Vegas is a perfect place for it.
County Commissioner Chris Giunchigliani Gave Me An Update on the National Golf Course
Chris G. has scheduled a meeting with all concerned Paradise Palms residents and the new owner of the Golf Course. The meeting will be Wednesday OCT. 3 from 5:30 to 7pm at the Orr Middle School on Katie. The real plans for the golf course are still up in the air, but there's tons of opposition to 500+- homes.
How The Fallout From The "Lending" Problem Can Affect Las Vegas and Vintage Vegas Real EstateIt breaks my heart to report that 1249 8th Place is probably going to come back on the market on Tuesday. 5pm Monday is the last last last of many deadlines for the buyer to perform. She got totally caught up in the "lending problem" which we and CNN and the newspapers have reported on HERE and HERE, ad nauseum. We were totally pleased that the home sold in 10 days for a price that demonstrates that we are not losing value in Vintage Vegas. The buyer was amply qualified in late June when we made the deal. The day we thought we going to get loan docs was the very day the whole lending crisis broke into the news, and the company that was supposed to be doing the loan closed their doors instead. 3 other lenders along the way went under, and not withstanding the buyer's and seller's determination (and certainly my own) to get it closed, I think we're done. So SOMEONE'S going to get a second chance at this great home in the John S. Park Historic Neighborhood.
The Newport Cove Condo went into escrow yesterday. The buyer's agent and lender SWEAR! to us that they have a 10% down investor loan, but we're only giving them 10 days to prove it.
Update On The Best Real Estate Deal In Vintage Vegas
The best deal in Vintage Vegas house had another price reduction, and the seller says he's going to at least clean the place this weekend. (1450 sf, 3br, 1 bath AND a pool for low low 200's! It's cosmetically and landscapingly challenged, but for 212k, that's certainly been more than discounted out of it.
Posted by unclejack at 8:31 AM
Buyers sometimes ask for the strangest things.
Why, just the other day someone called and asked me for a Deep Blue Bedroom with Stars on the Walls. I immediately told them about this house, and we ran right over to see it. (NOT)
Anyway, If they were my listings, I'd be calling in the painter and telling him to bring a couple extra gallons of primer. And I wouldn't be putting the picture in the MLS.
The only thing worse than a bad photo is NO PHOTOS AT ALL!
Friday, September 14, 2007
Have You Dreamed of Owning All Original Mid Century Modern Home?
Marycrest Estates has been home to some of the most recognizable family names in Las Vegas. Liberace, Marnell, Foley, Tiburti, Greenspun and many others have made Marycrest their homes. Some still live there.
Marycrest is one of the nicest pocket neighborhoods, featuring all custom built one of a kind homes on lots ranging from 7000 to 16000 sf.
Thursday, September 13, 2007
There's A Lot Of Real Estate Buyers Who Think We've Seen The Bottom Of The Market For Las Vegas Real Estate
Well, certainly a lot more in the last 10 day than in the last 6 months.
That's why you haven't seen as many daily posts as usual. That's why I've had to wash the car twice this last week. That's why Oxbow sold in 10 days.
That's why there's offers being negotiated as we speak on the 15th and Oakey Mid Mod, as well as the Newport Cove Condo. That's why Susan thinks she's getting an offer in Spokane, and is going to decide this weekend which Townhouse is the best blend of best property and best price.
That's why Lori is shopping for a home to surprise her husband with when he comes home from Iraq in November. That's why my phone has started ringing a lot!
There's signs of life in the Las Vegas Vintage Real Estate Market
Who's right? The buyers who have started to call? Or, the buyers who aren't calling yet. Will it continue to pick up? I'd certainly like to think so, and the signs are pointing to it. Rates are coming down. New loan programs are starting to get introduced (that make sense for the average buyer). Investors are bargain hunting the bank owned properties. Many more buyers are calling than they did last week or last month. We're opening escrows. There's signs of life, at least for me in Very Vintage Vegas.
Will it continue to look like the bottom of the Las Vegas real estate market tomorrow, or next week, or next month?
I'll let you know.
Well, here's to living downtown & truly being a part of things! I found a decorative block pattern that Jack actually hadn't yet! It was located on the border of Francisco Park and Paradise Palms North. We were touring w/ our new friend Bryan Brey yesterday, looking for mid-mod housing that would be prime for 'green' restoration & functionality when i told Mr. LeVine, our tour guide to throw it in reverse. My 15/20 vision comes through again, we discovered an interesting 4 block composition that I could best describe as a 'honey bee-clover leaf' pattern.
I look forward to bringing you more VVV relevant blogging soon, I apologize for the lag in my personal posting, I'm still unpacking my new digs at L'Octaine on Vegas & Gass (I freakin' love it there.. but g-d I've got a lot of 'stuff')! On top of business as usual, there are some very cool projects I & now VVV are deeply involved with. I'll be bringing you more information on those projects shortly.