Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting.
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01/09/2011
Last Month's Report on Las Vegas Valley Economic Conditions Housing Conditions: Foreclosure/Short Sale Listings (12/15/2010): Total Listings 15666; Short Sales: 7817, 50% of all listings; Bank Owned Listings: 3409, 22% of all listings. Short sale and REO listings consume 72% of total listings N
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01/09/2011
Most newer homes in the Las Vegas Valley have an HOA (Homeowner Association- they aren’t just for condominium‘s anymore! There are rules and regulations regarding HOAs – or CICs (Common Interest Community). There are laws and rules governing CIC documents during a real estate transaction in Nev
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01/08/2011
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. For More Sun Cities, Click Here! Sun City Summerlin is located in the Summerlin Area of Las Vegas, NV (zip 89134). There are 3470 homes in Su
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01/07/2011
**ACTIVE Las Vegas Real Estate Inventory Sees a Rising Slowdown!** Active Las Vegas Residental Resale MLS Inventory has risen for 7 straight months but experienced a slowdown in December. This is mainly due to first time buyers exhausting the market due to their tax credit expiring - this is no
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01/06/2011
It should be on every Las Vegas area resident's bucket list to go to the strip for New Years and participate in the insanity and debauchery - at least once. I did that about a decade ago and have no incentive to go back because of the crowds. Since then I participate in house parties that have m
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01/06/2011
Mountain's Edge November 2010 Real Estate Resale Market Report: Listings (12/15/2010): 361 Under Contract (12/15/2010): 291 Sold November 2010: 61 Since Last Month: Listings are UP +23, Pendings are DOWN -9, Sales are UP +2 Last Month's Mountain's Edge Market Report View Mountain's Edge Home
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01/05/2011
I have written plenty in the past about BPOs but have never delved into it specific to a Las Vegas Short Sale! A BPO means “Broker Price Opinion” and they are not appraisals nor should one get them confused with appraisals. A BPO has a different purpose. It’s almost like being a “secret shoppe
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01/04/2011
Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold): Active Listings (12/15/2010): 389 Under Contract (12/15/2010): 329 Sold November 2010: 86 Low: $50000 (Apache Hills Condo) Median: $124000 (Sierra Madre at Rhodes Ranch) High: $497000 (Area Custom Home) Rhodes Ranch
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01/03/2011
It started at 7 AM and is ending now (approx 8:30 AM). Views from my balcony and backyard:
01/03/2011
