Rob's Report - December 2014

DECEMBER 2014

1512 Chambolle Court

The Vineyards

| $1,777,000

Extensively remodeled to brand new, this contemporary masterpiece includes a $1.3 million interior rebuild, $250K landscape/ pool package and over $100K in state-of-the-art electronics. Crestron Ultimate Home Automation allows for digital control of many luxury features, granting unparalleled wireless and mobile access. You will simply marvel over the panoramic first and second floor strip views. No expense was spared creating this amazing property that must not be overlooked.

Call us today to help you find or sell your guard gated home.

702.605.7480 www.robjensen.com

SOLD PROPERTIES | NOVEMBER 2014

Address Sq. Ft.

Anthem Country Club 15 Feather Sound Drive 26 Colleton River Drive 11 Dry Brook Trail 38 Golf Crest Court 10 Holly Tree Court 4 Paradise Valley Court

Sold Price

2,678 $497,000 3,176 $565,000 3,942 $900,000 4,282 $799,999 4,471 $679,000 10,683 $3,030,000

Price Short Sale /Sq.Ft. /REO

$186 $178 $228 $187 $152 $284

Address Sq. Ft. Sold Price

Price Short Sale /Sq.Ft. /REO

Red Rock Country Club 11524 Timber Mountain Avenue 2,325 $637,500 11415 Sandstone Ridge Drive 2,724 $685,000 3358 Dove Run Creek Drive 4,443 $1,160,000 11558 Morning Grove Drive 5,037 $1,349,000

$274 $251 $261 $268

Roma Hills

No closed sales for the month.

Aventura

No closed sales for the month.

Seven Hills - Marquis

No closed sales for the month.

Bellacere

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

Canyon Fairways

9301 Canyon Classic Drive

Canyon Gate

8928 Diamond Falls Drive 1916 Bay Hill Drive

Corta Bella

8812 Bonta Court 1717 Corta Bella Drive

Country Club Hills 1716 Bayonne Drive 1805 Glenview Drive

6,004

$1,550,000

2,180 $315,000 2,473 $427,500

$258

$144 SS $173

4,029 $600,000 $149 4,148 $690,000 $166

5,215 $990,000 5,438 $1,145,000

$190 $211

Eagle Hills

No closed sales for the month.

Eagle Rock

No closed sales for the month.

Legacy Estates 2090 Troon Drive

MacDonald Highlands 1424 Foothills Village Drive

Mountain Trails

9904 Moon Valley Place

One Queensridge 9101 Alta Drive #103

Queensridge

9513 Queen Charlotte Drive 9512 Royal Lamb Drive 708 Pont Chartrain Drive 805 Petit Chalet Court

6,661 $965,000

$145

4,257 $825,000

$194

9,421

$208 REO

3,889

$1,961,505

$2,570,000

3,330 3,417 3,916 4,777

$902,000 $550,000 $980,100 $910,000

$661

$271 $161 $250 $190

Seven Hills - Terracina/Venezia

No closed sales for the month.

Southern Highlands 3363 Birchwood Park Circle 8 Vintage Canyon Street 17 Olympia Hills Circle 56 Olympia Canyon Way

Spanish Hills

2,466 $400,000 6,443 $1,550,000 9,686 $1,829,774 14,795 $2,598,750

$162 $241 $189 REO $176

No closed sales for the month.

Spanish Trail 15 Sawgrass Court

4,188 $880,000

$210

5,512

$265

Ten Oaks 1505 Golden Oak Drive

$1,460,486

The Fountains

No closed sales for the month.

The Palisades

No closed sales for the month.

The Ridges 68 Tapadero Lane 10 Misty Peaks Court

4,013 5,904

$1,140,000 $2,700,000

$284 $457

3,397 $684,000 3,888 $800,000 3,888 $785,000

$201 $206 $202

3,956

$316

The Vineyards 1644 Saintsbury Drive 10709 Beringer Drive 1516 Saintsbury Drive

Tournament Hills 1416 Iron Hills Lane

Willow Creek

$1,250,000

No closed sales for the month.

How’s the Market Guard Gated Sales Statistics - November Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

For Sale 130 97 91 89 54 22 15 17 28

Under Contract 49 21 14 12 4 4 2 1 1

Sold 21 16 11 8 3 0 2 1 0

Expired 8 6 6 3 3 1 0 0 0

Absorption Rate* 5.4 6.9 7.8 11.4 21.8 19.5 12.8 9.8 43.5

*Absorption Rate: length of time it takes to sell current inventory - number of months of current supply based on average number of monthly sales for last 6 months.

2014 in the Rear View Mirror

Source: Multiple Listing Service (MLS), 12/9/14

A lot has changed, but in some respects, it’s still all the same. It’s easy to get excited about HD Video, shooting 4K video footage with remote control drone helicopters, social media marketing, business development, new team members, and more, but what this business still comes down to is helping people. We have helped a lot of great people. It is people that keep things interesting, different and sometimes a bit crazy.

There is also another element that makes helping people buy or sell a home exceptionally special. I was out to dinner the other night at a new restaurant in town. I was trying the baked ricotta with gouda underneath, served with fresh bread that was toasted perfectly, and honey. The honey was even served with its own little honey stick. There was something magical about that honey, as it took the dish from good to unbelievably delicious.

To me, the richness that comes with residential real estate is in the emotion and the story behind the homes. Every home is different, even if it was built by a tract home builder and has the same floor plan as 30 other homes in the neighborhood. It’s that story, or shall we say “honey,” that makes things interesting. One could easily say that I was just eating a really expensive grilled cheese sandwich, and there might be some truth to that.

It is my 11th year in the business and I have definitely grown to appreciate that I sell homes, not just houses. So, Thank You everyone who has put us to work for you, Thank You to those who read our newsletters, watch our videos, and sign into our website, even if with some goofy prankster names. May you have a blessed holiday season, survive New Year’s Eve, and have an amazing 2015!

And for those of you that would like to hear more about all the new technology and how we can get you the best price for your home, call me, I’d love to tell you more, maybe even over a $14 grilled cheese.

Holiday cheers, Rob

62 UNITS SOLD 651 UNITS LISTED November 2014

17.3%

5.8%

Change from Oct. 2014

5% Change from Nov. 2013

Nevada State Bank Non-Conforming Loans * All rates and APRs are as of December 10, 2014.

Interest Rate*

51 Jumbo ARM3 3.000%2 71 Jumbo ARM3 3.250%2 101 Jumbo ARM3 3.625%2

APR*

3.048% 3.179% 3.470%

1. All loans subject to approval conditions such as credit score, loan to value, and collateral apply along with other terms and conditions.

2. Automatic payment required. Without auto pay rate is .25% higher.

3. Rate adjustments apply for Jumbo loans over $1,500,000.

Michelle Pistone

Sr. Mortgage Lender, NMLS # 409911

702.706.5929

Office

702.271.8447 Cell | 855.823.3195 Efax Michelle.Pistone@NSBank.com 750 E. Warm Springs Road, Suite 200, Las Vegas, NV 89119

2955 American River Lane

Willow Creek

| $1,299,000

One of the finest homes in the community sits waiting just for you. Beyond the exposed-beam elevated ceilings and gourmet-style kitchen lies unrivaled owner comfort and a level of luxury few homes ever attain. This is definitely a gorgeous haven you will love sharing with friends and family. Plus, the resort style backyard with fully-equipped casita offers unrivaled opportunity to entertain.

Privately tour this stunning home and discover indulgence.

702.605.7480 | www.robjensen.com

38 Sankaty Circle

Anthem Country Club

| $7,950/m Rental

Tuscan villa style and golf course frontage. With over 7,000 sq.ft. on a nearly 21,000 sq.ft. lot, this home has exclusive characteristics of which other homes only dare to dream. It features 5 bedrooms and 8 baths, a basement wine cellar, private interior courtyard, stunning rear yard with pool and an endless view. This is one not to be missed. A home like this exudes success. You will absolutely love showing your guests the high life. Schedule a private tour today and claim your own private luxury.

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10161 Park Run Drive, Suite 150 Las Vegas, NV 89145

Interest Rates, Trends and Closed Sales for 29 Guard Gated Communities inside!

LD100

0, O 8 S 9 for

$

708 Pont Chartrain Drive Queensridge

Great Time to Sell! Call Rob Jensen today to sell your home. 702.605.7480