Monthly Archives: June 2010

Baton Rouge Real Estate Buzz: How Much Value Does The Market Give For A $12,000 Backup Generator?

http://www.batonrougerealestatebuzz.com/ – How Much Value Does The Market Give For A $12,000 Backup Generator? I’m appraising a 2,450 sq. ft. home with a $12,000 Siemens generator which operates the entire home when power is out. I’m trying to figure out what “the market” contributory value is for such a unit, especially one the powers the […]

Wednesday Links Rolling Over

Builder Price Cuts Could Delay Sector’s Recovery – WSJ Builder Lennar Corp. recently cut some Las Vegas prices more than 15%, but that isn’t enough to encourage buyers like Linda Primm.’ Is There a Bottom in Sight for Commercial Real Estate? – Minyanville Although the Obama Administration has continued to assert that the economic recovery […]

Las Vegas Home Sales Turn Down in May

The median price paid for all new and resale houses and condos sold in the Las Vegas metro area in May was $134,000, virtually unchanged from $133,955 in April and down 0.7 percent from $135,000 a year earlier. In April, the median had risen above the year-ago level by 0.7 percent, marking the first annual gain since February 2007.