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5 Things We Have Seen In the Las Vegas Real Estate Market in 2015

A Brief Look at What has Happened in The Las Vegas Real Estate Market As We Approach June of 2015
Posted by Jesse Olive on May 31, 2015 in  Las Vegas Housing Market  New Homes
“Is the market still struggling?”  If we had a nickel for every time that question was asked, we could….go buy a piece of real estate.  The answer to that question is a resounding, “no!”   The Las Vegas real estate market has been resurging for the last three years or more with strong sales, a drastic decrease in distressed inventory and steady home price gains in both the residential and the commercial markets.  This trend is not stopping any time soon and is ... read more

Can't Buy a Home? Think it's a Bad Decision? You may be wrong.

What You May Not Know About Buying a Home in Las Vegas
Posted by Jesse Olive on March 23, 2015 in  Las Vegas Housing Market
The economic crash earlier this decade has left many individuals and families timid about buying a home, when much of the data reveals that it is actually still a great time to buy a home in Las Vegas, NV. The fact that home values are not plummeting OR sky rocketing demonstrates a more stable market than what we have recently seen. Owning remains more attractive relative to renting in many Las Vegas locations, and interest rates are lower than we were accustomed to before the crash. Furthermore, with down ... read more
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Inventory Update

Posted by John McClelland on May 07, 2012 in  Las Vegas Housing Market
The supply situation continues to go unresolved. New listings are nearly matched by closings and inventory continues to decline. As a result, buyers and their agents are working extremely hard to match properties. For sellers, this could be a good time to list their home, since competition in many neighborhoods is sparce. Further, we are observing firming prices in many areas, but we do not know how long this will be sustained since we need to move past the peak selling season in order to observe if prices are bein... read more

LAS VEGAS HIGH-RISE RESIDENTIAL REPORT

SPRING 2015
Posted by Jesse Olive on June 17, 2015 in  Las Vegas Housing Market
LAS VEGAS VALLEY HIGH-RISES LAS VEGAS HIGH RISE - Condominium Market While we see each high-rise project as a market unto itself, for brevity, we occasionally refer to the “market” for high-rises. The high-rise market is registering fairly flat sales rates, however pricing continues to ratchet higher in a majority of buildings. There are some notable performers. In the past couple of years, Downtown has had rather tight supply, with limited resale activity in Newport Lofts and Soho Lofts, both of w... read more

Las Vegas Monthly Market Update - August 2015

A Look into Las Vegas' Real Estate Market
Posted by Jesse Olive on August 24, 2015 in  Las Vegas Housing Market  New Homes
AUGUST 2015 Looking year-over-year, the number of single family escrows opened and homes closed have been more than respectable.  Closings are up nearly 20% year-over-year when measured in July and the year-to-date numbers are solid also.  Price increases have moderated and we believe this is a welcome pause after the consistency in vibrant price increases.  We have already experienced more price amplification than we expected back in Ja... read more

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