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Good Saturday Morning!!

First I would like to wish you all a wonderful weekend. I hope you enjoy every moment of it. We are in a very "unique" economic time that will surely resculpt all of our thinking for the rest of our lives...

During these volatile times, history has shown that this is when the greatest opportunities arise. I hope you are finding ways to capitalize on this time we are in. If you are not able to capitalize on these times, hopefully you are learning valuable life leasons from it...

Below you will find some of the best real estate buys in Las Vegas as of today, as well as our open house schedule for this weekend. If you are out and about in the Summerlin area, please stop by our open houses.

If you see some homes that interest you, please email or call me for more information or to schedule a time to view them.

The Snyder Groups Open House Schedule For Saturday 10/24 & Sunday 10/25

624 Chervil Valley Drive
Time: 10 am - 4 pm
Saturday and Sunday
Link with directions and details: Virtual Tour

10480 Garden Light Drive
Time: 11 am - 4 pm
Saturday and Sunday
Link with directions and details: Virtual Tour

Enjoy your weekend and we look forward to seeing you!

Posted October 24, 2009

TOP BUYS IN LAS VEGAS

Top Aliante Single Family Home Buys

Top Vintage Vegas Home Buys

Posted October 24, 2009

We have a listing that has just fallen out of escrow in the Paseo's of Summerlin. This is a very nicely upgraded Pulte home zoned for some of the best rated public schools in Las Vegas, close to Red Rock National Park, and Red Rock Casino.

If you are thinking of investing and renting this property out, the average rental rate will be $1400-$1500/month.

If you are looking for a primary residence or second home, this is a great opportunity to buy a highly desired floor plan in one of the most desired areas in the city.

We had mulitple offers on this home before going into contract last time, and surely will again so email or call if you have an interest asap.

Click the link to view the home 02-SFR Brochure-Virtual Tour

Posted September 21, 2009

It's looking to be great weather once again here in Las Vegas. Please come visit us at our open houses this weekend!

Both of these properties are in exclusive highly desired gated communities.

If you have questions about either of these properties give me a call or send me a quick email.

11530 Termini Station
Time: 11 am - 4 pm
Saturday and Sunday
Link with directions and details: Virtual Tour

10480 Garden Light Drive
Time: 11 am - 4 pm
Saturday and Sunday
Link with directions and details: Virtual Tour

Enjoy your weekend and we look forward to seeing you!

Posted October 17, 2009

There has been increasing talk about the $8,000 tax credit set to expire at the end of November... The majority of our sales are being driven by cash investors in the "lower-end" and first-time home buyers scrambling to procur a sale before the end of November... Will the government extend this tax credit? I don't see how they/we can afford not to in this fragile economy we are still in...

The article below has some great insight on this tax credit extention question many of our clients have been asking us about:

Washington Report: $8,000 Home Buyer Tax Credit
by Kenneth R. Harney

Quick passage by the House last week of a bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas increases the odds that Congress will agree to an extension, maybe even an expansion, of the entire credit program well into 2010.

The White House is also signaling that it sees the overall tax credit program -- currently set to expire November 30 -- as an important element in cutting the unemployment rolls and stimulating new jobs next year.

After an economic policy strategy meeting last week in the Oval Office involving President Obama, House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, congressional aides said Democrats generally support an extension of the housing credit.

Reid already has made clear he wants an extension. He is co-sponsoring a Senate bill that would do so for six months.

Congressman Charles Rangel, chairman of the tax-writing House Ways and Means Committee, sponsored the one-year extension of the credit for military and other personnel serving overseas, and is reported by aides as favoring an extension for the entire program.

The White House has not publicly committed to an extension, but has confirmed that the President is seriously examining that option.

An unexpected development that emerged following last week's White House meeting was the possibility of opening up the credit to a broader group of buyers next year - people who sell their current homes and buy a replacement home.

Though details were scanty, Capitol Hill sources said one option on the table would be to provide a tax credit -- most likely at the $8,000 level -- to replacement home buyers whose incomes do not exceed some limit.

The current credit phases out for single taxpayers with incomes above $75,000, and married purchasers earning $150,000.

A politically sensitive issue hovering over the entire debate on extending the housing tax credit is its cost - what it would add to the federal budgetary deficit. Mark Zandi, chief economist of Moody's Economy.com, estimates that widening the credit to all buyers through next August could cost the government upwards of $30 billion.

Rangel's 12-month extension of the credit for service personnel is estimated to cost more than $300 million, but it's mainly being paid for through an increase in penalties levied by the IRS on taxpayers who fail to file corporate or partnership returns.

The New York Times reported that one possible solution to the cost problem would be to divert money not yet spent out of 2009's $800 billion stimulus legislation.

Below are a few articles from the local review journal that may interest you as well:

Housing Market: Home sales, median prices rise

Wynn Macau shares jump in debut

Posted October 14, 2009