Statistics

Sept. 25, 2012

Are you playful? Move to Henderson!

For the second year in a row, the city of Henderson is listed as a Playful City USA Community! Henderson is currently the only city representing the state of Nevada, but hopefully we'll get more on board. Sponsored by the Humana Foundation, Playful City USA recognizes cities and towns …

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Sept. 24, 2012

Current Effects on Home Prices in Las Vegas

Home prices in Las Vegas are moving in an upwards direction.  The real estate conditions in and around Las Vegas are now seemingly more reminiscent of the "boom years", and showing less of the suffered and dwindling economic status that Las Vegans have come to know in recent years …

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Sept. 15, 2012

Neighborhood Real Estate Watch: Lake Las Vegas

One great thing about Las Vegas real estate is the variety- yes, variety.  Contrary to popular belief, Las Vegas is a mecca of various neighborhoods, each offering their own personal positive attributes and value.  So, how has the economic fluctuation in real estate affected individual neighborhoods in Las …

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Sept. 13, 2012

Could your home start a bidding war?

The Las Vegas housing market has seen a steady increase in prices, mainly due to cash investors. House inventories are down – nearly 24% when compared to last year – which means that there will be more offers on each house that goes up for sale. The increase is particularly …

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Sept. 12, 2012

People may feel optimistic, but what does the market say?

According to the August, 2012 survey conducted by Fannie Mae, 40% of responders believe that the current mortgage rates will increase over the next year. Adding to that the 18% who believe that it is currently a good time to sell and 73% feel it’s a good time to buy …

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Sept. 11, 2012

ARE YOU BETTER RENTING OR OWNING YOUR OWN HOME?

No matter what the rest of the economy is doing, home ownership always trumps renting. While it may seem at first glance thatthe costs of buying are intimidating, as a buyer, you ultimately win. When you calculate out even just five or six years, you will have saved thousands each …

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Sept. 10, 2012

Decline in Foreclosure Inventory for Las Vegas

Nevada has seen a recent decline in foreclosure home sales.

Realty Trac reported this dip in foreclosure sales info on Wednesday night.  This is news greatly affects the future of real estate and economy Nation-wide, as well as in the state of Nevada. 

A little more about Realty …

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Aug. 8, 2012

LAS VEGAS HOME SALES SLOWED BY A TIGHT SUPPLY IN JULY

Prices edged up slightly from the previous month according to the Greater Las Vegas Association
of Realtors.

Realtors sold 2,890 single family homes during the month, a 10.1 percent decrease from June and
a 8.7 decrease from the same month a year ago.

The median price rose …

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July 26, 2012

LAS VEGAS AND NATIONAL NEW HOME SALES PLUNGE IN JUNE

Two year high set in May followed by 8.4 percent drop in June. The steep decline suggests a weaker
job market and slower growth could make the housing recovery uneven.

Las Vegas based SalesTraq reported 353 new home sales in June, down from 413 in the prior month and …

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July 21, 2012

LAS VEGAS HOME VALUES RISE IN JUNE

Although concerns about the shadow inventory of foreclosures, underwater homes and a stubbornly high unemployment rate exist, Home Builders Research Friday reported 438 new home sales in June at a median price of $194,490, a 3 percent decrease from a year ago.

"The slight drop is nothing to worry about …

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