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One Month Before the Move
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5/12/2010
Las Vegas Nevada Golf Property
NEVADA GOLF REALTY
Las Vegas Real Estate:
All About the Lifestyle
By Shane Sharp, TravelGolf.com Senior Editor
LAS VEGAS - "Leaving Las Vegas" was the popular croon of rock star Sheryl Crow, but when it comes to Sin City demographics, no one seems to be listening to the pop music vixen.
"Las Vegas" and its environs are now home to over 1.2 million residents, and you can bet these sun starved folks haven't relocated to scenic Clark County because of its historic charms or its strong takes on morality issues.
No way, Jose. It's all about the lifestyle and the cost of living, and both point to golf and more golf.
With posh communities springing up like casinos did in the 1970's and 80's, Las Vegas has become one of the bonefied golf capitals of the wild, Wild West.
And with flat, developable land still in ample supply, its no crapshoot to locate oneself and one's family in a digs along the links for both reasonable and not so reasonable prices.
The Red Rock Country Club in Summerlin and the Canyon Gate Country Club in Las Vegas offer residents a golf resort lifestyle at both ends of the aforementioned spectrum. Here are quick rundowns on both facilities just in case you decide to become one of the 6,000 new monthly residents of the Las Vegas area.
Red Rock Country Club
It's not all bright lights and big city in Las Vegas, and nowhere is this more evident than in Summerlin. Located adjacent to the Red Rock Canyon National Conservation Area northwest of the city, Summerlin is home to 15 villages, including the prestigious Red Rock Country Club .
If you love the other "King," then the real estate at Red Rocks could become an afterthought (okay, only if you actually bleed Rolling Rock beer and Pennzoil). Arnold Palmer and Ed Seay designed both of Red Rocks signature courses, the Arroyo and the Mountain.
The front nines opened back in 1999 and were combined into one playable layout. The back nines are slated to open in the spring of 2003, giving Red Rocks 36 holes of resort style golf. Both courses are anchored by a 44,000 square foot clubhouse that offers members both casual and fine dining.
Red Rock features 1,100 homesites, the majority of which sport golf course views. Future residents can choose from either a custom home option that typically runs about $350,000, or a semi-custom home option that comes in around $300,000. The average home price is around $600,000, but more affluent buyers can opt for $2 million spreads that should make them the talk of the neighborhood.
"Golfers choose to live here because of the lifestyle, and the country club amenities that are geared towards the golfing lifestyle," says Jennifer Leibee, Marketing Manager at Red Rock. "We also have one of the best tennis facilities in Las Vegas and a number of tennis clinics. Our residents can stay on property to do just about anything."
The Sunrise Colony Company broke ground on Red Rock back in March of 1998, and over 600 homesites have sold over the past three years. Leibee says that Sunrise expects to reach build out of approximately 1200 homes by 2004.
For more information, contact Sue Brandt, Marketing Director, or click on to www.redrockcountryclub.com
Canyon Gate Country Club
If you want to get in on the golf lifestyle that Canyon Gate Country Club has to offer, you'll have to do so when some current resident decides to bail on this popular southwestern Las Vegas development.
That's right - there are no lots remaining at Canyon Gate, but according to Canyon Gate officials, there are typically between 25 and 40 houses for resale available at any given time. The price tags on these cribs ranges from affordable to "maybe if you win the Lotto."
The bottom of the line single family detached dwelling will run you just over a quarter of a million, while Canyon Gate's premier properties will set you back nearly $6 million and change.
Canyon Gate has more to offer, however, than pricey homes and an exclusive Ted Robinson designed golf course. The development is markedly low density, with 507 homes sitting on 320 acres, is family friendly with its kids camps and kids nights, and is owned and operated by Clubcorp, which offers traveling golfers 192 reciprocal courses around the world.
Las Vegas Real Estate:
All About the Lifestyle
By Shane Sharp, TravelGolf.com Senior Editor
LAS VEGAS - "Leaving Las Vegas" was the popular croon of rock star Sheryl Crow, but when it comes to Sin City demographics, no one seems to be listening to the pop music vixen.
"Las Vegas" and its environs are now home to over 1.2 million residents, and you can bet these sun starved folks haven't relocated to scenic Clark County because of its historic charms or its strong takes on morality issues.
No way, Jose. It's all about the lifestyle and the cost of living, and both point to golf and more golf.
With posh communities springing up like casinos did in the 1970's and 80's, Las Vegas has become one of the bonefied golf capitals of the wild, Wild West.
And with flat, developable land still in ample supply, its no crapshoot to locate oneself and one's family in a digs along the links for both reasonable and not so reasonable prices.
The Red Rock Country Club in Summerlin and the Canyon Gate Country Club in Las Vegas offer residents a golf resort lifestyle at both ends of the aforementioned spectrum. Here are quick rundowns on both facilities just in case you decide to become one of the 6,000 new monthly residents of the Las Vegas area.
Red Rock Country Club
It's not all bright lights and big city in Las Vegas, and nowhere is this more evident than in Summerlin. Located adjacent to the Red Rock Canyon National Conservation Area northwest of the city, Summerlin is home to 15 villages, including the prestigious Red Rock Country Club .
If you love the other "King," then the real estate at Red Rocks could become an afterthought (okay, only if you actually bleed Rolling Rock beer and Pennzoil). Arnold Palmer and Ed Seay designed both of Red Rocks signature courses, the Arroyo and the Mountain.
The front nines opened back in 1999 and were combined into one playable layout. The back nines are slated to open in the spring of 2003, giving Red Rocks 36 holes of resort style golf. Both courses are anchored by a 44,000 square foot clubhouse that offers members both casual and fine dining.
Red Rock features 1,100 homesites, the majority of which sport golf course views. Future residents can choose from either a custom home option that typically runs about $350,000, or a semi-custom home option that comes in around $300,000. The average home price is around $600,000, but more affluent buyers can opt for $2 million spreads that should make them the talk of the neighborhood.
"Golfers choose to live here because of the lifestyle, and the country club amenities that are geared towards the golfing lifestyle," says Jennifer Leibee, Marketing Manager at Red Rock. "We also have one of the best tennis facilities in Las Vegas and a number of tennis clinics. Our residents can stay on property to do just about anything."
The Sunrise Colony Company broke ground on Red Rock back in March of 1998, and over 600 homesites have sold over the past three years. Leibee says that Sunrise expects to reach build out of approximately 1200 homes by 2004.
For more information, contact Sue Brandt, Marketing Director, or click on to www.redrockcountryclub.com
Canyon Gate Country Club
If you want to get in on the golf lifestyle that Canyon Gate Country Club has to offer, you'll have to do so when some current resident decides to bail on this popular southwestern Las Vegas development.
That's right - there are no lots remaining at Canyon Gate, but according to Canyon Gate officials, there are typically between 25 and 40 houses for resale available at any given time. The price tags on these cribs ranges from affordable to "maybe if you win the Lotto."
The bottom of the line single family detached dwelling will run you just over a quarter of a million, while Canyon Gate's premier properties will set you back nearly $6 million and change.
Canyon Gate has more to offer, however, than pricey homes and an exclusive Ted Robinson designed golf course. The development is markedly low density, with 507 homes sitting on 320 acres, is family friendly with its kids camps and kids nights, and is owned and operated by Clubcorp, which offers traveling golfers 192 reciprocal courses around the world.
Summerlin
The community association at Summerlin comprises three master associations, Summerlin North, Summerlin South and Summerlin West. Each of the master associations function as individual nonprofit corporations with their own boards of directors, delegates and committees. The membership of each association is comprised of all owners of real property within the individual association.
The associations have been formed for the purpose of owning, operating and maintaining various common areas and community improvements within the associations including neighborhood parks, entry signage and streetscapes. In addition, the associations administer and enforce their governing documents, including the CC & Rs, design criteria, use restrictions and rules and regulations.
The Summerlin Council has been formed as the recreational arm of the master associations. It owns, operates and maintains the regional amenities, including parks and community centers. In addition, it organizes and facilitates community events, sports, camps, classes and clubs and organizations. The Council is funded through the assessments of the master associations on an equal pro-rata share for each property owner in Summerlin. It has its own board of directors, consisting of an equal number of appointees from each master association.
In an effort to foster opportunities for social interaction among residents, The Summerlin Council offers a variety of recreational and leisure activities at each of its three community centers. From classes like aerobic kickboxing and ballroom dancing to music therapy and Italian, the community centers provide something of interest to all. In addition, these facilities serve as meeting locations for a variety of clubs and organizations based in the Summerlin community. Or when planning a meeting or party, residents may use a community center room for a nominal rental fee. So whether your desire is to participate in a continuing education course, host a social function or simply get together with neighbors, the Summerlin Community Centers provide excellent venues for enhanced life in Summerlin.
The associations have been formed for the purpose of owning, operating and maintaining various common areas and community improvements within the associations including neighborhood parks, entry signage and streetscapes. In addition, the associations administer and enforce their governing documents, including the CC & Rs, design criteria, use restrictions and rules and regulations.
The Summerlin Council has been formed as the recreational arm of the master associations. It owns, operates and maintains the regional amenities, including parks and community centers. In addition, it organizes and facilitates community events, sports, camps, classes and clubs and organizations. The Council is funded through the assessments of the master associations on an equal pro-rata share for each property owner in Summerlin. It has its own board of directors, consisting of an equal number of appointees from each master association.
In an effort to foster opportunities for social interaction among residents, The Summerlin Council offers a variety of recreational and leisure activities at each of its three community centers. From classes like aerobic kickboxing and ballroom dancing to music therapy and Italian, the community centers provide something of interest to all. In addition, these facilities serve as meeting locations for a variety of clubs and organizations based in the Summerlin community. Or when planning a meeting or party, residents may use a community center room for a nominal rental fee. So whether your desire is to participate in a continuing education course, host a social function or simply get together with neighbors, the Summerlin Community Centers provide excellent venues for enhanced life in Summerlin.
Las Vegas Condos
Las Vegas Short Sales
Las Vegas Short Sales are the FUTURE of our market and the logistical structures and processes of our industry are rapidly shifting in that direction. The federal government (through the US Treasury) has now aligned itself with the short sale process as a preferred alternative to bank repossession and provides significant financial stimulants to emphasize the strategy and encourage the participants. The Home Affordable Foreclosure Alternatives Program (HAFA) provides options that help to avoid repossession by offering incentives to both borrowers and banks who utilize the short sale process to avoid foreclosure on a Las Vegas home. HAFA is also designed to assist in the streamlining of the short sale process by providing a framework for standardization that will positively effect documentation, process flow and response times from both lenders and sellers.
Time frames for completion of a Las Vegas Short Sale Purchase are shrinking rapidly in many cases. The major banks are finally jumping on board the short sale train as a superior alternative to foreclosure in terms of fees and costs, in addition to avoiding the significant issues of extended vacancy and property rehabilitation. As experienced Las Vegas short sale agents, our opportunity to negotiate a successful transaction on your behalf within 60-90 days has gone up dramatically. Under the old system, a Las Vegas short sale negotiation could easily have taken 4-6 months (or more). Making offers on Las Vegas short sales put you, the buyer, in a much stronger competitive position to take advantage of pricing on par with Las Vegas REO's while avoiding much of the cutthroat cash-based competition that exists in the Las Vegas foreclosure market.
Las Vegas Foreclosures
Las Vegas foreclosures may not be the buying opportunity you would expect unless you are a serious student of current market conditions and a determined cash buyer. The media has trumpeted Las Vegas, Nevada as the foreclosure capital of the nation for quite some time, so it would only be natural to expect bank-owned properties for sale in abundance. In actual fact, the inventory of available foreclosures for sale In Las Vegas is absolutely anorexic. Unfortunately, there is only a small pool of Las Vegas REO's on the market and they are unevenly matched against corresponding demand of tsunami-like proportions. Newly listed bank foreclosures in the Las Vegas MLS are hammered with multiple offers in the double digits (15+ in most cases) within days, many of them aggressive cash bids. This is the surprising truth of the matter and easily verified from numerous sources in the Las Vegas real estate industry.
How can this be? How could things have turned out this way? The roots of the current situation go back to an earlier time in the national housing crises when the broader economy began to implode as well. It is actually a very compelling story and can be found in our Las Vegas real estate blog. A well-researched post from July of 2009 paints a detailed picture of the events that brought us to where we are today.
Our Las Vegas MLS Search is at Your Disposal
Our recently redesigned Las Vegas MLS search tool is free, immediately accessible with just one click and easier than ever to use. This comprehensive database of all available residential properties for sale in Southern Nevada forms the foundation for every targeted research tool on the Michelle Sterling Team website. Our Las Vegas MLS search presentation features a user-friendly interface that allows you to take a wide view of properties all across the valley, or to adopt a more targeted approach that designates such factors as location, specific price points and detailed residential features. Additional options for drill-down purposes include specific street addresses, individual mls numbers and zip code areas.
The Attraction of Las Vegas Homes
US News & World Report recently completed a comprehensive survey entitled America's 10 Best Undervalued Places to Live. The goal of the analysis was to identify residential markets that were not only drastically discounted on a pure pricing basis, but also represented locations that offered a high quality of life and promising long-term prospects. Number one on the US News Top 10 list of America's 10 Best Undervalued Places is Las Vegas, Nevada. There is nothing surprising about this. Everything from our taxes (second lowest in the country after Wyoming) to the weather to the entertainment to our geographic location make Las Vegas a truly one-of-a-kind city.
Team Leader Michelle Sterling has been a resident of Southern Nevada for 28 years and a licensed Las Vegas real estate agent for over 14 years. Depth of experience within the Las Vegas real estate community has no substitute. The professional services of every agent on the Michelle Sterling Team are at your disposal. It's our pleasure to be of service to you.
Las Vegas Short Sales are the FUTURE of our market and the logistical structures and processes of our industry are rapidly shifting in that direction. The federal government (through the US Treasury) has now aligned itself with the short sale process as a preferred alternative to bank repossession and provides significant financial stimulants to emphasize the strategy and encourage the participants. The Home Affordable Foreclosure Alternatives Program (HAFA) provides options that help to avoid repossession by offering incentives to both borrowers and banks who utilize the short sale process to avoid foreclosure on a Las Vegas home. HAFA is also designed to assist in the streamlining of the short sale process by providing a framework for standardization that will positively effect documentation, process flow and response times from both lenders and sellers.
Time frames for completion of a Las Vegas Short Sale Purchase are shrinking rapidly in many cases. The major banks are finally jumping on board the short sale train as a superior alternative to foreclosure in terms of fees and costs, in addition to avoiding the significant issues of extended vacancy and property rehabilitation. As experienced Las Vegas short sale agents, our opportunity to negotiate a successful transaction on your behalf within 60-90 days has gone up dramatically. Under the old system, a Las Vegas short sale negotiation could easily have taken 4-6 months (or more). Making offers on Las Vegas short sales put you, the buyer, in a much stronger competitive position to take advantage of pricing on par with Las Vegas REO's while avoiding much of the cutthroat cash-based competition that exists in the Las Vegas foreclosure market.
Las Vegas Foreclosures
Las Vegas foreclosures may not be the buying opportunity you would expect unless you are a serious student of current market conditions and a determined cash buyer. The media has trumpeted Las Vegas, Nevada as the foreclosure capital of the nation for quite some time, so it would only be natural to expect bank-owned properties for sale in abundance. In actual fact, the inventory of available foreclosures for sale In Las Vegas is absolutely anorexic. Unfortunately, there is only a small pool of Las Vegas REO's on the market and they are unevenly matched against corresponding demand of tsunami-like proportions. Newly listed bank foreclosures in the Las Vegas MLS are hammered with multiple offers in the double digits (15+ in most cases) within days, many of them aggressive cash bids. This is the surprising truth of the matter and easily verified from numerous sources in the Las Vegas real estate industry.
How can this be? How could things have turned out this way? The roots of the current situation go back to an earlier time in the national housing crises when the broader economy began to implode as well. It is actually a very compelling story and can be found in our Las Vegas real estate blog. A well-researched post from July of 2009 paints a detailed picture of the events that brought us to where we are today.
Our Las Vegas MLS Search is at Your Disposal
Our recently redesigned Las Vegas MLS search tool is free, immediately accessible with just one click and easier than ever to use. This comprehensive database of all available residential properties for sale in Southern Nevada forms the foundation for every targeted research tool on the Michelle Sterling Team website. Our Las Vegas MLS search presentation features a user-friendly interface that allows you to take a wide view of properties all across the valley, or to adopt a more targeted approach that designates such factors as location, specific price points and detailed residential features. Additional options for drill-down purposes include specific street addresses, individual mls numbers and zip code areas.
The Attraction of Las Vegas Homes
US News & World Report recently completed a comprehensive survey entitled America's 10 Best Undervalued Places to Live. The goal of the analysis was to identify residential markets that were not only drastically discounted on a pure pricing basis, but also represented locations that offered a high quality of life and promising long-term prospects. Number one on the US News Top 10 list of America's 10 Best Undervalued Places is Las Vegas, Nevada. There is nothing surprising about this. Everything from our taxes (second lowest in the country after Wyoming) to the weather to the entertainment to our geographic location make Las Vegas a truly one-of-a-kind city.
Team Leader Michelle Sterling has been a resident of Southern Nevada for 28 years and a licensed Las Vegas real estate agent for over 14 years. Depth of experience within the Las Vegas real estate community has no substitute. The professional services of every agent on the Michelle Sterling Team are at your disposal. It's our pleasure to be of service to you.
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