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Spanish Trail, Las Vegas Golf Course Home for Sale
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Summerlin Home for Sale in Las Vegas
“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 with stone patio and fire…
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March Supply, Demand, Prices. Las Vegas Housing Market
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 purchase agreement. Thus the real…
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And they did. Prices go up on Las Vegas real estate.
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Why Las Vegas New Homes Sales Will Rebound in 2012
My prediction is that this year there will be 15% more new home sales this year than last. According to the Southern Nevada Home Builders Association, 3,894 new homes were sold in 2011 which was the lowest amount in more than three decades. Some experts predict 4,000 new homes will be sold in 2012. And…
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Glut of Las Vegas Home Inventory? You Might Have Been Misled.
A common perception is that Las Vegas has a “ton” of inventory. For those that have been actively looking to purchase a property in Las Vegas, especially entry-level houses, have experienced the opposite. Lets examine the market to find out the reality: Take a look a the Foreclosure Filings graph below from ForeclosureRadar.com. This graph…
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