LAS VEGAS NAMED AMONG THE TOP 10
CITIES FOR "SCORING GREAT DEALS
AND SHOPPING BARGAINS"

Las Vegas ranked number 4 on a list of the "nation's best cities for bargain shopping."

The list published by Forbes says Las Vegas is one of the top cities because
it's metro area has 19 …

A RECORD LOW ON MORTGAGE RATES
EARLY IN 2012 - 3.89 PERCENT FOR
A 30 YEAR FIXED MORTGAGE

That's below the previous record of
3.91 per cent reached 3 weeks ago.

Records on mortgage rates date back
to the 1950s.

The average on a 15 year mortgage
ticked …

DOWNWARD TREND ON LAS VEGAS HOME
PRICES - REPORTS SHOW LOWER PRICES
THAN A YEAR AGO WITH A LOCAL BUYING
BOOM

Core-Logic of Santa Ana, California
which tracks home prices, said existing
home prices in the Las Vegas area in
November were down 10.8 percent from
November 2010.

The market …

48,186 SINGLE-FAMILY HOMES AND CONDOS
WERE SOLD IN LAS VEGAS IN 2011, TOPPING
THE PREVIOUS RECORD OF 46,879 SET IN 2009

Prices were being held down by cautious
appraisers and the many foreclosures.
Roughly half of all sales were cash-only
transactions while 46.8 percent were
real-estate owned …

TAXABLE SALES IN CLARK COUNTY
ROSE BY 9.3 PERCENT IN OCTOBER
COMPARED WITH THE SAME MONTH A
YEAR AGO

It was the sixth straight month of
increases, paced by car and clothing
sales and business in restaurants
and bars.

The State Taxation Department reported
that taxable sales were up …

INVESTORS AND FIRST-TIME HOME-BUYERS
HELPED MAKE THE 40,033 EXISTING HOME
SALES IN 2011 THE MOST SINCE 2005 --

These new buyers helped drive the healthiest home
resale market since the bubble popped! The median
price was $110,000, almost a third of what it was
during the height of the …

WHY, AND WHERE ARE THE BUYERS COMING FROM?

At a median price of just over $50,000, investors are snapping up Condos right and left all around the Las Vegas valley.

Condo buyers are usually empty-nesters, retirees or young people looking to live close to work or school --a 3 mile …

LAS VEGAS HOME BUYER PREFERENCES

More than just a seasonal desire for warmer weather during winter  months, more than all of the top long distance  home searches coming from New York and Chicago at the end of summer were to major metros in the south and southwest.

Chicagoans  prefer homes …

HOUSING COSTS BOOST INTEREST IN LAS VEGAS

The bursting of the housing bubble has created strong demand for metropolitan areas in Nevada, pushing Vegas to number 9 on the Metro Movers Index introduced Wednesday.

These areas are where home prices have fallen by 50 percent or more, said Jed Kolko …