PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Sarah Thornton Public Relations

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

2012 Las Vegas Real Estate Market Strong According to Prudential Americana Group CEO - Las Vegas real estate expert Mark Stark expects a stable environment in 2012, building on the stabilization the market experienced in 2011 - AmericanaGroup.com
2012 Las Vegas Real Estate Market Strong According to Prudential Americana Group CEO

 

NewswireToday - /newswire/ - Las Vegas, NV, United States, 2011/12/27 - Las Vegas real estate expert Mark Stark expects a stable environment in 2012, building on the stabilization the market experienced in 2011 - AmericanaGroup.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

2012 Las Vegas Real Estate Forecast - Market Expert Mark Stark Discusses The Year Ahead in Las Vegas

Las Vegas real estate expert Mark Stark expects a stable environment in 2012, building on the stabilization the market experienced in 2011. National elections, a hotly debated assembly bill and a stagnant economy will all have an effect but not significantly deter the market’s upward swing.

“I see much of the same in 2012, which is a really good thing,” said Stark, CEO of Prudential’s largest franchises in both Arizona and Nevada. “There could be a slight price influx, but nothing significant. I really feel it will be a year of opportunities on both the client and the business side, because there are less homes available and more of a need to make every property stand out among its competitors.”

Stark said increased competition among real estate brokerages is a good thing for his company, which acquired several firms in 2011 including Century 21 MoneyWorld in Las Vegas and the entire Prudential Arizona Properties franchise. “We have a model that has been successful and will be fine –tuning it in 2012.”

Real estate executives that can provide advanced technological capabilities will have an advantage in 2012, said Stark. “Now more than ever, we need to offer our clients sales and marketing strategies that are unique and effective,” said Stark.

“By the numbers, we can see the stabilization in Southern Nevada,” he said. In 2010, the Greater Las Vegas Association of Realtors reported 88,746 real estate transactions (sides) closed, or approximately 44,373 homes. Prudential Americana Group had a 10 percent market share of those closings with 8,027 sides or approximately 4,013 homes. In 2011, there have been 89,266 sides closed YTD, or approximately 44,633 homes. Prudential increased its market share to 11.4 percent YTD this year with 8,620 sides or 4,310 homes.

“It is notable that there has been a shift in momentum away from REO (real estate owned) closings in favor of short sales and traditional sales,” said Stark. “This is consistent with the continued contraction of those types of listings.”

While hotly contested in the industry, Nevada’s recently-introduced Assembly Bill 284, has slowed defaults in Southern Nevada, according to Stark. “AB284 is temporary, but its intent is to hold everyone accountable throughout the process of buying or selling a home,” he said.

Overall, Stark said real estate companies will have to update their models to be competitive in the coming year. “Over the past few years we have become more efficient and been able to take advantage of market conditions in any form,” he said. “We now have a model that has been proven effective to offer more tools and resources than any other company in Nevada.”

Many of the companies Stark said he speaks with that are challenged in the current economy have not been able to update their businesses with the advent of significantly advanced technology in the past three years. “There is a staleness and confusion for a lot of real estate professionals on their plan of attack,” he said. “I always tell them if they want to be successful in this market and going forward, they need to develop a plan and work at it. One of our best advantages as a company is that we are focused on success, and know that requires support. We make sure we provide our people with all the tools, training and technology they need to succeed in their own businesses.”

Mark Stark is CEO of Americana Holdings, LLC (americanagroup.com), which includes Prudential Arizona Properties and Prudential Americana Group REALTORS, one of Nevada’s oldest and largest real estate companies. Combined, they include 2,000 sales executives and employees in 21 offices throughout Nevada and Arizona. Americana Holdings, LLC is an independently owned and operated member of Prudential Real Estate affiliates and among the top 10 largest in the company’s national network of franchises.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Sarah Thornton Public Relations

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


2012 Las Vegas Real Estate Market Strong According to Prudential Americana Group CEO

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Sarah Thornton - SarahThorntonPR.com 
702-239-0785 sarah[.]sarahthorntonpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Sarah Thornton Public Relations securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Sarah Thornton Public Relations / Company Profile


Read Real Estate/Property Management Most Recent Related Newswires:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Berkshire Hathaway HomeServices Nevada Properties Appoints New Las Vegas Branch Manager
Homenova, Inc. Launches A Website for Private Home Sales
Real Estate Executives Appointed to GLVAR Board in Nevada
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices Arizona Names New Manager
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Progressive Realtors Launches New Website to Connect Home Buyers & Sellers
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
17th Annual Kansas City Pagan Pride Day - Harvest Festival and Craft Faire on September 13th
Celebrity Staging Expert Announces Ask The Stagers Platform
Berkshire Hathaway HomeServices Arizona Properties Welcomes Hamlet Terry Team

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)