Who knows if this will hold steady through the week. Here are the numbers as of 7/27/2009 2:51 PM PST: Active: 19975 Pendings: 7797 February 2009 Closes: 2234 (not official end closing tally) Usually pendings drop as end of month closes rise. Not the case today!! Will hopefully be back to wri
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02/27/2009
The absorption rate for Las Vegas Valley Area Short Sales went up slightly for January 2008. Absorption still remains high and above the two year mark. Inventory has increased sharply (+191units). Pending units have increased sharply by +330 units. Solds have decreased by -221 units. Abs
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02/26/2009
Las Vegas, NV Area First Time Buyers to All Cash Investors: Does it Make Sense to Buy a Home Right Now? Can you own for less than renting? Can you own a rental and see a decent monthly return on your investment? Weekly feature w/ 4 homes in different areas of the valley designed to help people
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02/25/2009
Northwest Las Vegas Pool Home on Large LotLocation: Northshore ReflectionsMore Pictures, Virtual Tour, Floorplan Located at: www.ReneeBurrows.com/8132Well Maintained, Pride of Ownership (rare find these days!) Oversized Garage for Extra Storage, Save Automatic Rectractable Pool Cover, Super Large
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02/23/2009
Summerlin Pool HomeLocation: Canyon Oaks (Summerlin)Spiral Staircase, Built in Murphy Bed in Secondary Room, Tile Floors, Two Tone Paint, Granite Countertops, Plantation Shutters, Intercom, Surround Sound, 3 (count em, THREE!) Fireplaces. Private Backyard Oasis Features: Pool, Spa, mature Landsca
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02/23/2009
There is so much market confusion for those that may need to sell and may actually have something that they believe is non-existent such as equity. First of all we (as licensed market experts) have to be very careful when pulling comps. We cannot look at list prices and say "this is what it is"
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02/23/2009
The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year! Absorption for January 2009 is a healthy 7.7 months of inventory (compare it to 22.5 months inventory in Nov/Dec 2007!) Some micro-markets (ie,Foreclosures Bank Owned, REO) a
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02/21/2009
Mayor Goodman, the Mayor of this fine fine city whom I actually love for his candid ideas and flair, thinks President Obama owes us an apology for stating: "You can't get corporate jets, you can't go take a trip to Las Vegas or go down to the Super Bowl on the taxpayer's dime." My belief: No he
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02/15/2009
This will be a living document and constantly changing as I meet more new and fantastic vendors in the Las Vegas Valley! You can view the updated list here! Mortgage:Rey Gallegos: 702-808-8328 Click here to emailFHA, VA, Jumbo, Conventional, First Buyer Grant and Bond Down Payment Assistance, C
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02/15/2009
Las Vegas Area Inventory may drop below 20K units in as little as a couple of weeks if this keeps up. Pending units have gone up by over 1K and inventory has dropped by over 1K since my last pendings report. I don't think we have been below 20K units of active inventory since April or May 2006.
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02/15/2009
