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Summerlin Parade 2011

The 17th annual Summerlin Patriotic Parade will take place on Monday July 4th.  It will start at 8:30 am in the Trails Village.

This parade is very popular in Las Vegas and more than just Summerlin residents attend.  An expected crowd of 40,000 should line the tree lined streets very well.  There are more than 60 entries this year.  Traditional and Macy style floats will adorn this wonderful parade.

The parade starts at the corner of Hillpointe Road and Hills Center Drive in The Trails village of Summerlin. Participants travel south on Hills Center Drive toward the Village Center Circle roundabout before heading west on Trailwood Drive. The parade will end at the corner of Trailwood Drive and Spring Gate Lane.

I will not be able to attend this year, but hope some of my friends will take some wonderful pictures I will be able to share soon.

HAPPY 4TH OF JULY EVERYONE!

Summerlin Market Update March 2011

Single Family Homes Only

Single Family Homes in Summerlin

Summerlin Market Update July 2010

SINGLE FAMILY RESIDENCE

On The Market                                            558

Bank Owned                                                 77

Short Sale                                                   196

Pending                                                       57

Contingent                                                 472

Foreclosure Commenced                                32

Sold                                                           133

 

CONDO/TOWNHOUSE 

 

On The Market                                               82

Bank Owned                                                  16

Short Sale                                                       2     

Pending                                                          9

Contingent                                                    73

Foreclosure Commenced                                   6

Sold                                                              27

The comparison with the end of the first time homebuyers credit is not really a good refection, the last post was three months.  There are less Contingent and Pending but the time frame for the tax credit to close has been extended, some of those numbers could be left over’s from the past three months.  

Siena (Summerlin) UPDATE FEB 28TH-MAY 31ST 2010

SINGLE FAMILY RESIDENCE

 

On The Market                                         50

Bank Owned                                              4         

Short Sale                                                 6           

Pending                                                     1          

Contingent                                               15           

Sold                                                        37           

Foreclosure Commenced                             0         

  

CONDO/TOWNHOUSE

On The Market                                          7           

Bank Owned                                              1             

Short Sale                                                 2          

Pending                                                     0               

Contingent                                                 2              

Sold                                                          3            

Foreclosure Commenced                             0

 

 

SIENA is the second active adult community in Summerlin.  It is a very beautiful community and has one golf course.  (Sun City Summerlin has three)  Again you can see the low foreclosure and short sale rates among the seniors.  There are 2,001 homes within the Siena community.

SUN CITY SUMMERLIN FEB.28TH-MAY 31ST 2010

SINGLE FAMILY RESIDENCE

 

On The Market                                      117

Bank Owned                                             6         

Short Sale                                              14           

Pending                                                   5          

Contingent                                              21           

Sold                                                       49           

Foreclosure Commenced                            1          

  

CONDO/TOWNHOUSE

On The Market                                         45           

Bank Owned                                              7             

Short Sale                                                 1          

Pending                                                      5           

Contingent                                                10              

Sold                                                         21            

Foreclosure Commenced                              1

 

 

The community of Sun City Summerlin  consists of 7,800 homes.  I would say the numbers for seniors going in to foreclosure is low. 

SUMMERLIN MARKET UPDATE FEB.28TH-MAY 31ST 2010

SINGLE FAMILY RESIDENCE

 

On The Market                                      509

Bank Owned                                           73         

Short Sale                                            162           

Pending                                                  69          

Contingent                                            514           

Sold                                                     348           

Foreclosure Commenced                          28          

  

CONDO/TOWNHOUSE

On The Market                                        63           

Bank Owned                                             7             

Short Sale                                               27          

Pending                                                  11               

Contingent                                              94              

Sold                                                       81            

Foreclosure Commenced                            3 

 

With the end of the first time home buyers tax credit, it will be interesting to see how these numbers change.  I will do another update the end of July.   These numbers do not reflect the two Summerlin active adult communities of Sun City Summerlin and Siena.  They are posted here separately.

Foreclosed Upon Pets

Mom and Buttons My mom,our dog Buttons and I went to the Petsmart on Charleston and Hualapai today. The sole reason we went was to donate to the pets that have been the silent victims of the Foreclosure crisis.  Some of these pets have been left in abandon houses and found by the realtor.  An organization has stepped forward to help these animals.  Foreclosed Upon Pets works very hard to make sure these animals find new loving homes. FUPI as they are know is a not for profit organization dedicated to the rescue of domesticated animals that have been abused or abandoned by their owners as a result of economic hardship including foreclosure, loss of unemployment, insufficient income, or death and illness.  I loved their motto “SAVING LIVES ONE PAW AT A TIME” and when they advertise it says:  Come Meet Your New Best Friend   If you would like to Donate time, services or funds please see their website, as for myself I will keep donating whenever I can.                www.forecloseduponpets.org

Summerlin Market Update Feb.01 2010-Feb.15 2010

SINGLE FAMILY RESIDENCE

 

On The Market                                     518

Bank Owned                                           50         

Short Sale                                            224           

Pending                                                  61          

Contingent                                            431           

Sold                                                       46           

 Foreclosure Commenced                          34          

 

 

 

 

 

CONDO/TOWNHOUSE

On The Market                                       80           

Bank Owned                                           12             

Short Sale                                              34          

Pending                                                 15               

Contingent                                             80              

Sold                                                       7             

Foreclosure Commenced                         5 

             

Contingent means that there has been an offer written on the property.  There could be many reasons why it did not go straight into Pending Status, inspections, loan is not quite in place, or what we are seeing a lot of these days is waiting for the bank to decide on a short sale.  The On The Market figures are a total of ones with no contact.  

Summerlin Market Update Oct 25th-Nov 21st 2009

SINGLE FAMILY RESIDENCE

On The Market                                                 973

Bank Owned                                                      53

Short Sale                                                       202

Pending                                                             76

Contingent                                                       424

Sold                                                                 136

Foreclosure Commenced                                      21

CONDO/TOWNHOUSE

On The Market                                                   143

Bank Owned                                                         19

Short Sale                                                            22

Pending                                                                15

Contingent                                                            72

Sold                                                                     23

Foreclosure Commenced                                         4

Look at the properties that went under contract or Contingent since Oct.  Contingent means that there has been an offer written on the property.  There could be many reasons why it did not go straight into Pending Status, inspections, loan is not quite in place, or what we are seeing a lot of these days is waiting for the bank to decide on a short sale. The On The Market figures are a total of ones with no contact and the contingent.  This does not include the pending as offers are not usually written on a property while in this status, but offers as often still put in on properties that are contingent.

Sun City Summerlin Market Update Oct.25th-Nov21st 2009

SINGLE FAMILY RESIDENCE

On The Market                                                 115

Bank Owned                                                        10

Short Sale                                                             8

Pending                                                                 9

Contingent                                                           16

Sold                                                                     14

Foreclosure Commenced                                          0

CONDO/TOWNHOUSE

On The Market                                                     46

Bank Owned                                                           2

Short Sale                                                              9

Pending 6                                                               6

Sold                                                                       4

Contingent 6                                                           6

Foreclosure Commenced                                          1