Rob's Report - August 2014

AUGUST 2014

75 Kittansett Loop

Anthem Country Club Strip view | 6-car garage | brand new $

3,200,000

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

702.605.7480 www.robjensen.com

SOLD PROPERTIES | JULY 2014

Address Sq. Ft. Sold Price

Anthem Country Club 14 Kennesaw Road 24 Gladewater Drive 1 Fountainhead Circle 12 Fallows Fire Court 102 Emerald Dunes Circle 15 Kennesaw Road 34 Moraine Drive 7 Winding Road 31 Stonemark Drive 17 La Crosse Court 14 Belfair Court 3 Piping Rock Lane 37 Hassayampa Trail 10 Corral De Tierra Place 1 Awbrey Court

Aventura Bellacere

1,889 $361,500 1,905 $455,000 1,942 $365,000 2,005 $372,000 2,005 $355,000 2,076 $405,000 2,513 $498,825 2,614 $523,000 2,614 $480,000 3,571 $769,000 3,571 $835,000 4,282 $849,900 4,511 $950,000 7,228 $1,605,000 10,313 $1,700,000

Price Short Sale /Sq.Ft. /REO

$191 $239 $188 $186 $177 $195 $198 $200 $184 $215 $234 $198 $211 $222 $165

REO

SS

Address Sq. Ft. Sold Price

Queensridge

9817 Miss Peach Avenue 9809 Royal Lamb Drive 1013 E Meadowleah Street 9817 Winter Palace Drive 304 Bayswater Court 9309 Queen Charlotte Drive

1,942 $360,000 2,859 $525,400 2,859 $541,000 3,950 $1,200,000 4,082 $965,000 4,190 $940,000

$185 $184 $189 $304 $236 $224

3,147 $750,000 5,122 $1,450,000 7,073 $2,845,125

$238 $283 $402

1791 Valenzano Way

5,905 $995,000

$169

Seven Hills - Rapallo

No closed sales for the month.

Red Rock Country Club 2720 Grassy Spring Place 3083 Red Arrow Drive 2661 Red Arrow Drive REO SS

No closed sales for the month.

Roma Hills

Seven Hills - Terracina

$1,950,000

$243

4,236 $900,000

$212

5,673 $865,000

$152

8256 Turtle Creek Circle

4,134 $780,000

$189

Ten Oaks

No closed sales for the month.

The Fountains

No closed sales for the month.

9,344

Canyon Fairways

No closed sales for the month.

Southern Highlands

2,000 $340,000

$170

Spanish Hills

3,510 $512,500

$146 SS

Spanish Trail

3,565 $775,000

$217

2029 Grouse Street 9113 Golden Eagle Drive 2028 Grouse Street

4,030 $800,000 4,490 $1,080,000 4,783 $1,150,000

$199 $241 $240

Eagle Rock

No closed sales for the month.

8936 Rivers Edge Drive

Corta Bella

1829 Dolce Drive

Country Club Hills 1700 Bayonne Drive

Eagle Hills

Legacy Estates 158 Inveraray Court

MacDonald Highlands

3,978 $735,000

$ 257

1590 Villa Rica Drive

10432 Summit Canyon Drive

Canyon Gate

$2,400,000

$185

4,107 $915,000 5,614 $975,000

Mountain Trails

No closed sales for the month.

One Queensridge 9101 Alta Drive #1404

11816 Brigadoon Drive 8830 Big Bluff Avenue

The Palisades

213 Royal Aberdeen Way

3,100

$1,575,000

$223 $174

$508

8,012

6,497

$1,175,000

$181

8,568 10,014

$2,650,000 $2,547,000

$309 $254

1213 Muscato Court

3,454 $779,000

$226

Tournament Hills

No closed sales for the month.

The Ridges

12 Golden Sunray Lane 20 Hawk Ridge Drive

The Vineyards

1409 Foothills Village Drive 1388 Quiet River Avenue

Price Short Sale /Sq.Ft. /REO

Willow Creek

10734 Weather Top Court 2940 Traverse Creek Lane

2,693 $510,000 4,945 $875,000

$189 $177 SS

How’s the Market Mutual of Omaha Bank | Non-Conforming Loans

Interest Rate APR*

3-Year Fixed Jumbo ARM (36 mo.)

5-Year Fixed Jumbo ARM (60 mo.)

7-Year Fixed Jumbo ARM (84 mo.)

3.125% 3.375% 3.625%

3.118 3.225 3.389

As of August 13, 2014

1st P&I Payment Adj P&I Payment

$2,998.63 $3,094.67 $3,192.36

$2,955.19 $2,971.04 $2,997.64

* Based on loan amount of $700,000, 25% down payment, 0.75% origination pts, $1,500 in estimated fees (will vary by region), and a 60 day rate lock. All jumbo loans have a 30-year maturity and rate may increase after the fixed rate period ends. Payments do not include taxes and insurance (if applicable) and the actual payment obligation could be greater.

Bank rates courtesy of:

Michelle Pistone

702.271.8447

Mobile

Private Mortgage Banker, NMLS # 409911

| michelle.pistone@mutualofomahabank.com

Mutual of Omaha Bank, 8945 W. Russell Road, #100, Las Vegas, NV 89148

Guard Gated Sales Statistics - July Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

125

100

Under Contract 75 34 28 27 6 4 1 6 3

For Sale 141 91 79 90 51 26 19 16 28

Sold 46 16 17 7 1 1 4 1 0

Expired 32 11 5 6 2 0 2 3 1

Absorption Rate* 30.8 6.5 9.7 13.2 24.4 12.9 19 14.7 62

*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.

Source: Multiple Listing Service (MLS), 8/12/14 75

Meet Our Team Tonya Wilson Listing Manager

Tonya serves as the Listing Manager for Rob Jensen Company where she fully applies twelve years of diverse experience in real estate, including working as a loan officer and for two major banks in their REO department. These and other of Tonya’s well-rounded skills and expertise provides a significant advantage for Rob Jensen Company clients, and the firm, while also providing a glimpse of this critical side of the business and a better understanding of overarching bottom lines.

Tonya’s success in the real estate and banking industries has come from her determination to provide outstanding service, a staunch work ethic, and the high level of expectation she sets for herself. Her results-driven philosophy has served her well in generating a loyal client base. Added to this is her passion for Las Vegas and what it has to offer in terms of weather, career opportunities, and lifestyle, which she uses to promote the Las Vegas real estate market to a wider base of potential clients.

50

25

0 <500K

500-750K

750K-1MM

1-1.5MM

1.5-2MM

2-2.5MM

2.5-3MM

3-4MM

>4MM

93 UNITS SOLD 725 UNITS LISTED July 2014

2.1%

1.1%

Change from June 2014

-14% Change from July 2013

When not actively pursuing her series of goals that help her continually improve, Tonya volunteers to help others in her community, including mentoring teen mothers and working with a homeless prevention group. She also makes the most of living in Las Vegas, regularly hiking in Red Rock Canyon with her son and dogs as well as serving as a “Football Mom.” Despite being passionate about living in Las Vegas, she is a travel enthusiast who is always planning her next vacation.

9324 Verlaine Court

Queensridge 4,526 sq.ft. | 3 bedrooms | 4 bathrooms $

1,150,000

702.605.7480 | www.robjensen.com

790 Bolle Way

Roma Hills 4,725 sq.ft. | 4 bedrooms + den & game room 4 full & 1 half bathrooms $

1,075,000

Stay in the know with the latest luxury real estate news â&#x20AC;&#x201C; Join us on Twitter, Facebook, LinkedIn, Google+, YouTube, Pinterest and Instagram.

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

Closed Sales, Statistics and Interest Rates for 28 Guard Gated Communities inside!

D000 L O 1,

Sfor 82 $

1608 Silver Oaks Street Ten Oaks

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