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.
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.
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.
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
February 16, 2010 – 6:45 am
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.
November 22, 2009 – 12:08 am
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.
November 21, 2009 – 8:51 pm
SINGLE FAMILY RESIDENCE
On The Market 58
Bank Owned 3
Short Sale 6
Pending 2
Contingent 12
Sold 13
Foreclosure Commenced 0
CONDO/TOWNHOUSE
On The Market 8
Bank Owned 1
Short Sale 0
Pending 0 0
Sold 3
Contingent 3
Foreclosure Commenced 0
Siena is the second Active Adult Community is Summerlin. Just like with Sun City Summerlin, Siena will stand alone with it’s own statistics for the people looking to live in an active adult community. Just like Sun City Summerlin all the homes are single story.
November 13, 2009 – 3:53 pm
Villa Trieste is a Summerlin Neighborhood that I wrote about in January. It is a beautiful community and the homes are wonderful. The below quote is from an article written in Earth News.
Pulte Homes has been selected as the recipient of the 2009 Leadership for Energy and Environmental Design (LEED) Award for Homes Outstanding Production Builder by the U.S. Green Building Council (USGBC).
“The USGBC’s Residential Market Development Team selected Pulte for this year’s Production Builder award because of Pulte’s Las Vegas division’s outstanding achievements and future commitments – with the Villa Trieste project in Summerlin, Nevada. Villa Trieste is planned to be a community of 185 LEED Platinum-certified single-family homes, placing it firmly among the ranks of the largest LEED for Homes projects to date.
Homes in Villa Trieste feature solar panel roofs, offer a 55 percent improved energy efficiency over the International Energy Conservation Code and decrease indoor water use by 35 percent. Approximately 75 percent of waste from the construction process is diverted from the landfill. Additionally, houses are built under the Environments for Living® Certified Green program.”
If you would like to go back and read my original post it is right here on Real Summerlin. There is also a link for pictures here.
Congratulations Pulte it is an award well deserved.
October 25, 2009 – 6:53 am
On The Market 100
Bank Owned 7
Short Sale 11
Pending 6
Contingent 17
Sold 13
Foreclosure Commenced 1
CONDO/TOWNHOUSE
On The Market 42
Bank Owned 2
Short Sale 11
Pending 3
Contingent 7
Sold 12
Foreclosure Commenced 1
Sun City Summerlin is one of two active adult communities with in Summerlin. I am now doing the active adult communities separately. So from this day forward Summerlin, Sun City Summerlin and the second adult community Siena will have their own statistics.
