Las Vegas Real Estate Agent, Las Vegas Homes, Condos, Land, Commercial Real Estate and Personal Blog

4979 homes were sold in Greater Las Vegas (Las Vegas, Henderson, North Las Vegas, Boulder City and Unincorporated Clark County) from January 1st, 2010-Feburay 28th, 2010. Table below shows the Greater Las Vegas homes that have sold by price range and type (foreclosed homes, short sales and regular sales).
The next table shows available inventory in [...]

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 “Average asking prices for homes in Las Vegas have been reduced 16 percent, or $61,776, from November, San Francisco-based Trulia.com reported Wednesday.”
The average price after reduction was $331,589 as of Feb. 1, compared with $393,365 before the reduction, the online real estate firm showed.”
Above is from Las Vegas Review Journal Wednesday, Feb. 21, 2010
Average asking [...]

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The Federal Reserve Bank is winding down their massive purchasing program of Mortgage Backed Securities and this translates to home loan rates rising in the near future. Hate to say it, but I have repeatedly written that the main reason to invest in Las Vegas real estate in particular and real estate in general is [...]

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Las Vegas Real Estate Market Report 2009-2010, regular sales, short sales and foreclosure sales Part One
Las Vegas Real Estate Market Report 2009-2010, regular sales, short sales and foreclosure sales Part Two
The total number of residential real estate properties which have sold through the Las Vegas MLS in Clark County was 46,879 in 2009. and despite [...]

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I encourage and like to publish guest blogs so my readers could see different point of views regardless of whether or not I agree with the guest bloggers reasoning.
The following guest article was contributed by Richard Hemby who frequently writes about online degrees and college related topics for Online College Guru, a directory of online [...]

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Las Vegas Real Estate Market Report 2009-2010, regular sales, short sales and foreclosure sales Part One
I am only discussing the real estate market in the Greater Las Vegas Valley and not all of Clark County which most of the MLS numbers are based on and will only discuss deals that involved the Las Vegas MLS [...]

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In order to gain an understanding of what could happen in the Las Vegas residential real estate market in 2010, it is beneficial to take a look at what happened in Las Vegas homes, condos and townhomes for sale market in 2009.
Las Vegas MLS shows 46,879 residences have sold in Clark County in 2009. However, [...]

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Here is another guest blog from my blog catalog buddy Steven Parker which I appreciate since I can’t write and mortgage. I also encourage guest blogs and will be happy to publish them here. Please click on the link in his article so you can see his wonderful blog.
 Buying a home that is within your [...]

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Happy 2010 first of all, and then:
I am not a believer in dates and anniversaries because the day before the New Year is going be the same as the first day of the New Year except a bunch of people have hangovers. New Year, anniversaries and like are a way for the people to manufacture [...]

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We try to get back to whoever contacts us about buying or selling Las Vegas homes, condominiums or commercial real estate promptly.
However, we have been experiencing serious phone and internet problems all last week and it is ongoing. We have tried to fix this by getting a new modem and buying a new router. Poor [...]

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The Las Vegas Review Journal had another article published about Las Vegas real estate market last week and here are a few excerpts:
“Two reports showed that more than half of home mortgages are underwater, meaning the owner owes more than the property is worth, according to two reports.”
“Zillow.com reported that 81.8 percent of Las Vegas [...]

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The only way that the true price of a property in Las Vegas is calculated is to see how much similar properties in similar locations have sold recently and recently is determined by the market conditions. If the real estate market is stable, one can go back about six month, if the market is not [...]

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I keep getting calls from perspective Las Vegas real estate buyers in general and home and condo buyers who are dead set to buy from a real estate auction in Las Vegas. OK that is all fine and good. However when I ask them what do you want, why do they want it and what [...]

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US Congress passed the home buyer tax rebate extension just like I had predicted that they would and when I predicted that they would do it, just when it was becoming very hard for home buyers to close the escrow on time. Basically first time home buyers will get their $8,000 tax rebate and those [...]

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Las Vegas, Henderson or North Las Vegas home sellers who owe more than the home or condo is worth in the current real estate market have to sell their residence through a short sale process. Listing and selling short sales requires a special kind of Las Vegas Realtor real estate agent who has the required [...]

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