The amount of Multi-Family Unit Building Permits are up again. They are up 330.8% from one year ago and up 44% from August!Amount of Multi-Family Unit Permits Pulled:September 2007: 2296 August 2007: 1594 September 2006: 533See my report from last month on this. For single family homes buildi
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10/31/2007
This Rhodes Ranch Area market report was generated on October 31, 2007 (graph on bottom): Active Listings: 490 Under Contract: 56Sold 9/27-10/27/2007: 23 Months Inventory: 21.3Low: $129,900; High: $3,490,000; Median: 289,900 Rental Market Report generated on October 31, 2007 (graph on top):
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10/31/2007
Growth in the south end of the valley has outpaced infrastructure development (once again!) Blue Diamond separates Mountain's Edge, Southern Highlands, Arlington Ranch and many other fine communities from the "other end of the earth". It is a two lane highway that is known as a death trap. Ren
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10/29/2007
That is the pressing question of the week!Here is something I have noticed:Las Vegas Rental Inventory Slight IncreaseResale Inventory Stable to Slight DecreaseLast Three BPO's have Requested a Rental CMACoincidence?I was talking about this with an LO on Friday and he confirmed that banks are cons
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10/28/2007
There is so much opportunity. Even in what is considered a "down" residential resale market there is so much out there to do. BPO's, Rentals, REO bundles, New Construction etc. I set my own schedule. It allows me to be right here in my home office monitoring my high school children's activiti
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10/27/2007
The Providence Master Planned community features 17 builders and 30 neighborhoods. Plenty of choices from entry level homes to executive living homes to condominiums.Providence is located north of the 215/North Hualapai exit and there are many fantastic deals to be found there today. I found tw
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10/27/2007
Last night we watched a glorious sunset as the smoke started infiltrating the Las Vegas Valley by pouring over the western mountains.Picture 1: The first picture I took from our house. The sunset was so beautiful and pink.Picture 2: The wafts of smoke taken from Sunset/215 you can see the str
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10/26/2007
There are currently very slim pickings in the las vegas single family rental home market. The absorption rate remains very low when you look at the entire rental market in Las Vegas (hovers between 2.7-3.2 months.) It is definitely a landlord's market. When you look at some areas in particular
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10/26/2007
Las Vegas Italian Greyhound Playdate Las Vegas Italian Greyhound owners sharing our love for the breed through our mission statement:Promoting Italian Greyhound Adoption, Responsible Breeding *TRICK OR TREAT* Southwest Las Vegas Italian Greyhound MeetupSunday, October 28, 2007 at 3:00PMDress up t
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10/23/2007
There is still much standing inventory in the Las Vegas New Construction market. Some builders are bundling up their standing inventory ~ some as low as 75 cents on the dollar ~ minimums as low as $2-3 million. While that may seem high, the builders are ahead of the curve with pricing. Much o
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10/23/2007
