Las Vegas Distinctive Properties

Welcome to the Las Vegas Distinctive Properties weblog.  Get up-to-date information about Real Estate in Las Vegas! 

Look out for fresh information that pertains to real estate financing, market trends, market fluctuations, and many tips for investing in the Las Vegas area. 

I look forward to your feedback, questions, and future business. 

Until later…

Elle Gaensslen

http://www.lasvegasdistinctiveproperties.com/

Luxury Housing Market

Low inventory and high demand spurs active luxury home market in Las Vegas.   Please take the time to preview our latest estate property offered for sale.

Video link:

Villa Rica Estate

Contact Elle Gaensslen for a customized market analysis.

elle@ellegaensslen.com

(702) 245-7827

http://www.lasvegasdistinctiveproperties.com

 

The Revitalization of DOWNTOWN Las Vegas

It’s difficult for me to contain my excitement about downtown.  I will admit, after living here for over sixteen years, I had my doubts and never frequented downtown as there was nothing enticing enough.  Today, downtown is my preferred destination!  What changed my opinion?  Read on and join me in supporting the revitalization of downtown Las Vegas!

Downtown Las Vegas, in the very distant past, drew tourists to the Fremont Experience http://www.vegasexperience.com/and some of the iconic downtown hotels such as The Golden Nugget http://www.goldennugget.com/… now walking through the downtown area, there is a real urban feel with the many exciting additions creating a flow.

The Ogden, Soho Lofts, Newport Lofts and Juhl provide modern and loft-style residences to support the influx of businesses moving downtown like Zappos; restaurants such as Eat, Le Thai, Mundo, Lola’s joined long term downtown foodie destinations such as Triple George Grill.  The Arts District boasts a broad mix of galleries, art studios, showrooms and unique stores.

World Market Center http://www.wmclv.com/ began to shape the downtown skyline in the summer of 2005.  Slowly, masterfully crafted projects started to break ground all around the immediate area, including Cleveland Clinic Lou Ruvo Center for Brain Health http://my.clevelandclinic.org/neurological_institute/lou-ruvo-brain-health/default.aspx, designed by architect Frank Gehry.

The Smith Center http://www.thesmithcenter.com/a truly grand performing arts complex, set out to unite the community culturally, and they far exceeded all expectations.  I’ve been fortunate to attend a few performances since the inception and all I will say is Bravo!  Born and raised in New York, I have been exposed to the creme de la creme of performance art, and I am wildly impressed with the venues and quality of the performances.

Tony Hsieh has become a superstar in Las Vegas for his vision, capital expenditure and passion for downtown.  The Downtown Project http://downtownproject.com/  is a group lead by Mr. Hsieh to aid in the revitalization of downtown and the creation of an urban epicenter.

One of the newest notable project is the Downtown Grand hotel, formerly the Lady Luck, scheduled to open in late 2013. This will be an anchor, if you will, for Downtown 3rd, a name coined for an emerging district that includes Hogs & Heifers Saloon, Triple George restaurant and the Mob Bar. The area surrounding Third Street and Ogden Avenue will eventually be home to 18 bars and restaurants.

Quite a few of my clients are choosing downtown to live!  A healthy mix of old and new creates a vibrant community of professionals, artists, and a budding tech arena.

The above mentions are just a few of many great venues molding East of Main- I encourage anyone that has not experienced downtown to do so and be a part of the emerging city within a city.

Until later,

Elle Gaensslen

http://www.lasvegasdistinctiveproperties.com

elle@ellegaensslen.com

Short Sale News

 

 

There is a new wrinkle in the short sale world.  Beginning November 1, 2012, if you have a loan serviced by Fannie Mac or Freddie Mac, the mortgage insurer will not have to provide approval to proceed with a short sale.  Private mortgage insurance is a safety net in the case of default, and in the case of a default on a mortgage, the lender would utilize  insurance proceeds to cover a portion of this loss from the private mortgage insurance.  Mortgage insurers have had the authority to deny a short sale as it is not in their best interest.  With the new short sale guidelines for all loans serviced by Fannie Mac and Freddie Mac, mortgage insurers must allow a short sale without their approval.  The hope is that without this time intensive step, short sales will begin to move faster and have a higher approval rate.  For additional information or for help with your short sale, contact Elle Gaensslen, Las Vegas Distinctive Properties @ Coldwell Banker Premier

http://www.lasvegasdistinctiveproperties.com

http://narsfr.ning.com/profile/ElleGaensslen

 

October 2012 Housing Trends eNewsletter

 

 

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the OCTOBER – 2012 Newsletter Housing Trends eNewsletter:
http://elle.housingtrendsenewsletter.com?Newsletter_ID=290&Period_ID=402

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

It also includes press releases with charts and videos, key market indicators and real estate sales and price statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://elle.housingtrendsenewsletter.com?Newsletter_ID=290&Period_ID=402

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
Sincerely yours,

Elle Gaensslen
 Coldwell Banker Premier
 8290 West Sahara, Suite 100 Las Vegas 
 NV 89117
 702-939-5177 | 702-245-7827
 Email:elle@ellegaensslen.com

http://www.lasvegasdistinctiveproperties.com

 

Just Sold by The Las Vegas Distinctive Properties Group

Virtual Tour-1512 Oderzo

Equity sellers are enjoying our current inventory shortage in the Las Vegas Residential Homes market!  Investors and owner occupants alike are out in force taking advantage of our prices and tax structure in Las Vegas. Call the Las Vegas Distinctive Properties Team for a free market analysis. 

Elle Gaensslen

http://www.lasvegasdistinctiveproperties.com

Direct: 702-245-7827