In last Friday’s article at “The Real Deal,” http://therealdeal.com/blog/2012/06/22/are-too-low-appraisals-preventing-some-markets-from-recovering/, they ask if appraisers are “scared” to value homes at higher prices in hot markets like Las Vegas. My answer is “yes” in many cases. They are not reflecting the market conditions. In Las Vegas, most reasonable properties under $200k have multiple offers […]
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The trend is continuing with increased demand and less supply. The result is multiple offers on any reasonably-priced property below $170k. List prices are also on a steep incline. Even with the increased competition for homes, buyers are still getting bargains compared to several years ago. The key is getting […]
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3 Bedrooms, 3.5 Baths, 3277 Square Feet, Pool Call John 702-808-9816 [idx-listing mlsnumber=”1204455″ showall=”true”]
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This beautiful move-in ready dream-house in Summerlin’s “The Paseos” has one of the largest lots in the subdivision. Get ready to enjoy your open kitchen featuring rich upgraded cabinetry, granite counter tops, and island. Entertain your guests in the open great room or move the party outside to the backyard […]
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“Pocket Listing” will be in the MLS in a few days. Will be listed a $194,800 firm (although you can always offer more!). 1719 SF, 3-bedroom, 2.5-bath home with huge lot in The Paseos (Cordova), Summerlin. 11805 Alava, 89138. Mountain and strip views, granite countertops and kitchen island, large backyard […]
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Supply is way down, demand is very strong and new inventory prices are reflecting this. In the graph below, demand is represented by homes in-contract. However, this doesn’t reflect the true demand; what is not captured is all of the people looking to buy who have not yet secured a […]
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