Coldwell Banker Premier Realty

A look at the reported price increases

Median Price, Case-Shiller
Posted by John McClelland on July 03, 2012 in  uncategorized
Home prices due appear to be on a pretty abrubt increase. Constrained supply, combined with continued demand from investors and owner occupants is leading to higher bids. We are beginning to see these same trends manifest in the Case-Shiller indices in the levels, first and second derivatives, as seen below. So we know that in general, prices are on the increase. What we don't know is how sustainable they are if more supply is placed on the market. Recently, new listings have been nearly equivelent to c... read more

A new entry into the Las Vegas Area

U.S Micro make Las Vegas it's western HQ
Posted by John McClelland on November 04, 2010 in  uncategorized
Movement is occuring in the Las Vegas commercial sector. We are seeing a lot of investor interest in Las Vegas and finally some office absorption. New construction to meet specific end-user needs is seeing some activity too. CoStar reports that U.S Micro, an IT and data security company, is planning to break ground on a new project next month. U.S Micro is expected to bring 100 jobs. That is not huge job growth in a metro this size but every little bit helps. Further, we like to see companies like this make long-te... read more

A new price index

Hedonic Index
Posted by John McClelland on December 02, 2010 in  uncategorized
FNC,Inc has developed and published a new home price index using a hedonic, rather than repeat sale method. Basically, the hedonic approach uses price as the dependent variable and the characteristics of the homes sold as regressors (ie, home size, age, location, etc.). Essentially this is taking a partial derivative of price with respect to each variable, or characteristic of homes. By employing this method, FNC,Inc hopes to overcome some of the problems associated with repeat sales. One being a sample selectio... read more

A new way to Dine | Downtown Las Vegas

Posted by Coldwell Banker on May 22, 2020 in  uncategorized
This pop-up event will get you out of the house, help support local businesses, all while maintaining safe social distancing practices. The City of Las Vegas blocked off portions of two streets in Fremont East and the Arts District for dining alfresco! The city is calling it Dine Out Downtown. The streets will be lined with social distancing tables with four chairs and pop-up shade covers. Diners can order from neighboring restaurants, and dine outside. The city will also be have workers sanitizing each area b... read more

A Simple Take on Home Warranties

Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understa
Posted by Jesse Olive on June 30, 2015 in  uncategorized
Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understanding of home warranties. Home warranties, from a simplified view, protect homeowners from appliance, HVAC, and plumbing failure. This form of insurance can help protect homeowners from those sudden high-cost breakdowns of your washer and dryer, ductwork, and even electrical issues. Finding your own contractor, let alone a reliable one that will get the job done within a reasonable time... read more

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