Statistics

Nov. 14, 2012

Banked-owned properties are no longer your best deal

We’ve discussed the issues in competing with cash buyers in our article, “Cash talks – so bid quick!” last week.  We’ve also touched on the great deals you can find in foreclosed, or bank-owned, properties. For a while, the Las Vegas area seemed flush with these discounted properties …

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Nov. 8, 2012

Water falls to mark a recovery

In 2008, a sign of the times hit the resort area of Lake Las Vegas in east Henderson. The development that contained several high-dollar homes, resort hotels, and a championship golf course designed by Jack Nicklaus filed for bankruptcy – and turned off the entryway’s waterfall. It seems that the …

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Oct. 17, 2012

Changing seasons affect home buyers' habits

All over the country, leaves are changing and temperatures are dropping. Fall brings thoughts of warm, cozy nights by the fireplace, drinking hot cider, and sending the kids back to school. The autumn breezes also bring on many more closings for first-time home buyers. How does the season affect your …

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Oct. 16, 2012

Nearby neighbor - Hoover Dam: Fact or Myth? (part two)

Some employees swear they hear footsteps echo in the halls. Others say they have seen a man in old-fashioned work clothes who disappears when confronted. There are many myths surrounding the Hoover Dam, its workers, and what (or who) they may have left behind. 

According to the dam’s web …

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Oct. 14, 2012

Las Vegas Home Sales Rise

Throughout the month of September in Las Vegas, median home prices climbed to $140,000; that's up 13.5 percent from a year ago, according to the Greater Las Vegas Association of Realtors.

The housing market seems to have flipped focus from foreclosures to short sales; making short sales …

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Oct. 13, 2012

Housing Recovery in Las Vegas Expected to Take Decades

Even though foreclosures have slowed down a bit in the Vegas housing market, the overall forecast for the housing market is bleak; it could take decades to recover from the economic housing crisis.  Even with the assistance of both governmental and corporate help, 59 percent of Las Vegas mortgages …

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Oct. 12, 2012

Cash Investors Contribute to Vegas' Dwindling Housing Supply

Over the past year, with faltering economic influences and consistent changes in real estate, the housing supply in Las Vegas inevitably shrunk.  This is largely due directly to cash investors who have taken advantage of the changing economic climate by purchasing homes "in bulk", and renting them out to …

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Oct. 11, 2012

Nearby neighbor - Hoover Dam: Fact or Myth? (part one)

Vacationers and locals alike enjoy visiting the Hoover Dam, which sees nearly 3,000 patrons per day. Those who own homes in Henderson Nevada are just a hop, skip, and jump away from this historical marvel.

Hoover Dam towers at 726 feet, making it the highest concrete arch dam in …

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Oct. 5, 2012

Home Prices Rise in U.S.- Highest in 6 Years

CoreLogic, a private real estate data provider, claims that housing prices are rising throughout the U.S.  Out of 100 cities, a mere 20 have showed declines in price throughout much of 2012 (so far).  Among the state listed with the biggest price increases are Arizona, Idaho, Utah …

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Oct. 3, 2012

Do you need cash to buy homes in Henderson?

Henderson real estate prices have seen a 15 percent increase since this time last year. Some local experts are saying that may be due to investors snatching up all the properties before those with financing can get to them. Is there a shortage of affordable houses available in the greater …

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