Rob's Report - June 2014

JUNE 2014

9416 Tournament Canyon

Canyon Fairways 5,904 sq.ft. | 5 bedrooms | 4 full & 2 half bathrooms

1,650,000

$

Call us today to help you find or sell your guard gated home.

702.605.7480 www.robjensen.com

SOLD PROPERTIES | MAY 2014

Address Sq. Ft. Sold Price

Price Short Sale /Sq.Ft. /REO

Anthem Country Club 3 Hammock Dunes Court 9 Annadale Court 41 Braelinn Drive 23 Levan Hills Trail 2 Moraine Drive 5 Knob Oak Drive 30 Chalet Hills Terrace 21 Golf Crest Court

Queensridge

1,649 1,940 2,162 2,460 2,513 3,085 4,086 5,847

$325,000 $197 $478,500 $247 $375,000 $173 $480,000 $195 $410,000 $163 $715,000 $232 $760,000 $186 $1,176,000 $201

3,023

$675,000 $223

Aventura 212 Valiente Street

Bellacere 525 Spruce Canyon Street

8,577

Canyon Fairways

No closed sales for the month.

$1,777,000

$207 REO

2008 Bay Hill Drive 8601 Scarsdale Drive

3,084 5,260

Corta Bella

No closed sales for the month.

$585,000 $190 $1,060,000 $202

Country Club Hills 5,153

$980,000 $190

Eagle Hills 9012 Bald Eagle Drive

3,972

Eagle Rock

No closed sales for the month.

Legacy Estates

No closed sales for the month.

$1,000,000

$252

1449 N Foothills Village Drive 4,107 1615 Liege Drive 6,521 599 Lairmont Place 14,106

$850,000 $207 $2,850,000 $437 $4,339,570 $308

No closed sales for the month.

One Queensridge 9101 Alta Drive #10 9101 Alta Drive #603 9101 Alta Drive #304 9101 Alta Drive #604 9101 Alta Drive #902

2,062 2,638 3,100 3,100 3,856

$700,000 $339 $1,210,000 $459 $1,355,000 $437 $1,350,000 $435 $1,975,000 $512

2,493 2,640 3,417 4,693

Red Rock Country Club

Price Short Sale /Sq.Ft. /REO

$400,000 $160 $475,000 $180 $599,000 $175 REO $950,000 $202

11367 Cedar Log Court 11504 Glowing Sunset Lane 11511 Winter View Avenue 2050 Cherry Creek Circle 1977 Cherry Creek Circle

2,160 2,712 3,823 4,739 5,037

Roma Hills

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

Seven Hills - Terracina Southern Highlands 3399 Birchwood Park Circle 44 Olympia Canyon Way 15 Vintage Canyon Street

$515,000 $238 $640,000 $236 $1,150,000 $301 $1,150,000 $243 $1,130,000 $224 SS

6,104

$950,000 $156

3,151 6,495 10,256

$530,000 $168 $2,095,000 $323 $2,950,000 $288

Spanish Hills

No closed sales for the month.

Spanish Trail

No closed sales for the month.

Ten Oaks

No closed sales for the month.

The Fountains 2358 Dolphin Court

The Palisades

425 Grand Augusta Lane

MacDonald Highlands

Mountain Trails

1017 Windfair Village Street 9712 Foxtrap Avenue 1008 Secret Garden Street 9729 Queen Charlotte Drive

2632 Mirabella Street

Canyon Gate

8944 Brook Bay Court

Address Sq. Ft. Sold Price

8,011

$1,200,000

$150

3,722

$807,500 $217

11280 Granite Ridge Dr. #1088 1,959 30 Meadowhawk Lane 9,891

$550,000 $281 $4,100,000 $415

The Ridges

The Vineyards Tournament Hills

1529 Champion Hills Lane 9028 Players Club Drive

Willow Creek

10714 Weather Top Court

No closed sales for the month.

4,363 $1,475,000 $338 10,092 $3,800,000 $377 3,792

$525,000 $138

How’s the Market Mutual of Omaha Bank | Non-Conforming Loans

Interest Rate APR*

3-Year Fixed Jumbo ARM (36 mo.)

5-Year Fixed Jumbo ARM (60 mo.)

7-Year Fixed Jumbo ARM (84 mo.)

3.00% 3.50% 3.75%

3.090 3.269 3.448

As of June 11, 2014

1st P&I Payment Adj P&I Payment

$2,951.23 $3,143.31 $3,241.81

$2,951.23 $2,977.48 $3,006.61

* Based on loan amount of $700,000, 25% down payment, 0.75% origination pts, $1,500 in estimated fees (will vary by region), and a 60 day rate lock. All jumbo loans have a 30-year maturity and rate may increase after the fixed rate period ends. Payments do not include taxes and insurance (if applicable) and the actual payment obligation could be greater.

Bank rates courtesy of:

Michelle Pistone

702.271.8447

Mobile

Private Mortgage Banker, NMLS # 409911

| michelle.pistone@mutualofomahabank.com

Mutual of Omaha Bank, 8945 W. Russell Road, #100, Las Vegas, NV 89148

Guard Gated Communities - Sales Trend Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

For Sale 147 90 73 85 50 23 20 17 32

Under Contract 85 44 32 24 10 7 4 4 0

Sold 32 16 6 12 1 4 0 3 2

Expired 3 4 5 6 1 1 0 0 1

Absorption Rate* 18 7 11.4 13.9 23 12 19 18 38.4

*Absorption Rate: length of time it takes to sell current inventory - number of months of current supply based on average number of monthly sales for last 6 months.

Source: Multiple Listing Service (MLS), 6/11/14

76 UNITS SOLD 747 UNITS LISTED May 2014

-5.0%

5.8%

Change from Apr. 2014

-35% Change from May. 2013

Meet our Staff Amy Prodani Showing Agent

In her role as a Showing Agent for Rob Jensen Company, Amy Prodani is committed to creating the easiest and most enjoyable experience for clients. This includes applying her specialized knowledge of the local real estate market, as well as notable features of individual properties, to the needs and requirements at hand. Prodani’s goal is to surpass each client’s understandably high expectations.

Hailing from the customer service industry where she spent more than a decade honing her people skills, most recently at Destinations

by Design, a production company, Prodani now puts those skills to work with Rob Jensen Company real estate clients where they benefit from her genuine care for delivering a stellar home buying experience with a professional who is indelibly honest, thorough, diligent, prepared and punctual.

Beyond her focus on working hard in real estate, Prodani also makes time for her community. This includes working with Three-Square to prepare meals for children. In her off hours, she also spends time with family and friends, noting that her greatest joy in life is being a wife and mother.

2605 Ragusa Court

Seven Hills - Terracina 5,875 sq.ft. | 5 bedrooms | 6 full & 1 half bathrooms $

1,588,000

702.605.7480 | www.robjensen.com

2042 Troon Drive

Legacy Estates 4,575 sq.ft. | 4 bedrooms | 4 full & 1 half bathrooms $

910,000

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10161 Park Run Drive, Suite 150 Las Vegas, NV 89145

Information on 28 Guard Gated Communities inside!

D000!

L O 5,

Sor $88 f

2004 Glenview Drive

Country Club Hills

â&#x20AC;&#x153;From listing to offer acceptance in less than 14 days, our experience selling our home with Rob Jensen Company has been great! Rob was thorough and attentive guiding us through the process with his knowledge and expertise. Team agent, Susan, was also wonderful and a pleasure to work with. We will gladly recommend Rob Jensen Company to our friends and family.â&#x20AC;? ~Arne & Lynn Rosencrantz

Great Time to Sell! Call Rob Jensen today to sell your home. 702.605.7480