Coldwell Banker Premier Realty
Adjustment in Commercial Real Estate
Finally some meetings of the minds?
Posted by John McClelland on August 23, 2010 in
uncategorized
We have discussed the buyer-seller disconnect several times. Few commercial transactions have been consumated in the past couple of years as sellers have either refused to lower prices due to a different read of the fundamentals, they cannot liquidate due to capital constraints (writedowns for bank owned) or that they simply do not understand what they own or just replace number driven judgements with hope. Similarly, some buyers are unrealistic about pricing. They often believe that everything is distressed and ca... read more
A visit to the Cosmopolitan
This will be the newest thing for a long time...
Posted by John McClelland on January 03, 2011 in
uncategorized
Cosmopolitan opened on the 15th of December and I finally made it there yesterday. The property cost $3.9 Billion and has 2,995 rooms. This is actually a significant increase in the available room supply on the strip. The word about employment that we are hearing is that the property has about 5,000 employees. That’s about 1.6 employees per room, down from the 2+ figures we used to hear about in the upper-end resorts. It is very likely that recent economic strains have caused firms to automate more tasks and ... read more
A Simple Take on Home Warranties
Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understa
Posted by Jesse Olive on June 30, 2015 in
uncategorized
Coldwell Banker Premier Realty (CBPR) recently met with American Home Shield to help provide our readers with a general understanding of home warranties. Home warranties, from a simplified view, protect homeowners from appliance, HVAC, and plumbing failure. This form of insurance can help protect homeowners from those sudden high-cost breakdowns of your washer and dryer, ductwork, and even electrical issues.
Finding your own contractor, let alone a reliable one that will get the job done within a reasonable time... read more
A new way to Dine | Downtown Las Vegas
Posted by Coldwell Banker on May 22, 2020 in
uncategorized
This pop-up event will get you out of the house, help support local businesses, all while maintaining safe social distancing practices. The City of Las Vegas blocked off portions of two streets in Fremont East and the Arts District for dining alfresco! The city is calling it Dine Out Downtown. The streets will be lined with social distancing tables with four chairs and pop-up shade covers. Diners can order from neighboring restaurants, and dine outside. The city will also be have workers sanitizing each area b... read more
FNC,Inc has developed and published a new home price index using a hedonic, rather than repeat sale method. Basically, the hedonic approach uses price as the dependent variable and the characteristics of the homes sold as regressors (ie, home size, age, location, etc.). Essentially this is taking a partial derivative of price with respect to each variable, or characteristic of homes.
By employing this method, FNC,Inc hopes to overcome some of the problems associated with repeat sales. One being a sample selectio... read more
