AB_284 is blamed for the tight inventory in Las Vegas real estate market. Even though it has had a big effect on Las Vegas housing market, it did not affect Arizona, and Phoenix is experiencing the same inventory shortage and prices have gone up more than Las Vegas. I truly believe that it is the [...]
Entries Tagged as 'Las Vegas homes'
Changes to Nevada AB-284 was introduced on March, 15
March 25th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
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Las Vegas home prices are rocketing up again, February, 2013
March 4th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas high-rise condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
Las Vegas real estate market, February, 2013 will show rising prices in all sectors, especially luxury condos and high rise condos since rocketing home prices are spreading to other sectors. Records will show that homes currently selling in Las Vegas and have accepted offers in February, 2013 are selling for at least 10% higher than [...]
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88 offers in 7 days for Las Vegas home for sale. Feb, 2013
February 20th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
88 offers in 7 days for Las Vegas home for sale. Feb, 2013 Las Vegas homes and condos for sale are still very inexpensive due to very deep discounts that ended in March, 2012 and low interest rates. If all homes in Las Vegas were sold to owner occupiers, we would have room for [...]
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Las Vegas real estate market, 2013 forecast, conclusion
January 15th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
Las Vegas real estate market, 2013 prediction part 1 Las Vegas real estate market, 2013 prediction part 2 I have discussed the current Las Vegas real estate market and why there is such a feeding frenzy on Las Vegas homes and condos by Las Vegas real estate investors. I also stated that we have thousands [...]
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Las Vegas real estate market, 2013 prediction part 2
January 6th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
Las Vegas real estate market is manipulated by outside factors to a degree that free market forces have very little influence on the current Las Vegas housing market as I have explained in the last article. Las Vegas homes for sale prices have been appreciating rapidly in the last 6 months and there is no [...]
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Las Vegas real estate market, 2013 prediction part 1
January 5th, 2013 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
It must be made abundantly clear that Las Vegas real estate market has nothing to do with free market or free market forces. Our current real estate market is artificial, man made and as such it is impossible to do a prediction on Las Vegas real estate market in 2013. If nothing changes we may [...]
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Las Vegas real estate market, housing conditions October-2012
October 8th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
Las Vegas real estate (housing) conditions for October 2012; current inventory of single family Las Vegas homes for sale as of 10/2/2012 is 4081. 911 or 22% are short sale homes, 300 or 7% are bank owned homes or foreclosures and 2870 or 70% are non-distressed or equity sales which with the EXCEPTION of Fannie [...]
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Las Vegas real estate market, housing report September, 2012
September 17th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
In the last blog post about Las Vegas real estate market August 2012 housing trends I have shown the median prices for Las Vegas homes for sale priced below $300,000 for my area in August were; short sales $129,000, REO or bank owned homes median price was $140,000 and non-distressed equity sales was $167,000. Now [...]
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Las Vegas real estate market, housing report August, 2012
September 10th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
Las Vegas real estate (housing) report for August 2012; current inventory of single family Las Vegas homes for sale is 3955, of these 914 or 23.6% are short sales, 333 or 8.4% are foreclosures (reo or bank owned homes) and 2708 or 68% are non-distressed or equity sales. In the last blog post about Las [...]
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Las Vegas real estate market, housing report july-2012 Part 1
August 8th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
What is the future of the Las Vegas housing market? If someone buys a home for $100k, wouldn’t he/she be able to buy it for $90K next year? This question was asked from a blue ribbon panel, including Laurie Anne Maggiano of Department of Treasury and no one could answer. Guess what? I am just [...]
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Las Vegas housing market June, 2012, Las Vegas homes for sale
June 6th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate, Las Vegas Real Estate Market
This is the 5th article in the Las Vegas real estate market series. What is going on in the Las Vegas housing market in May-June, 2012? Asking prices for single family homes are a going up like a rocket and this is NOT good. Asking prices for recent listings of Las Vegas bank owned (foreclosure) [...]
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Las Vegas homes have appreciated more than 10% in 2012
April 23rd, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas homes, Las Vegas Real Estate
Las Vegas bank owned (foreclosure) homes inventory is=714, short sales homes=1567 and non-distressed homes=2507 In the last blog I wrote that despite “Las Vegas real estate experts” prediction of more than a 10% price drop in 2012, I said the prices will increase more than 10% in 2012, it already did and is on the [...]
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Las Vegas real estate market 2012 Part 3
March 26th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
In the last two blog posts Las Vegas real estate market 2012 Part 1 Las Vegas real estate market 2012 Part 2 I have explained what Las Vegas real estate analysts base their analysis and predictions on and why they are wrong. The proof is in the current Las Vegas real estate market. As I [...]
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Las Vegas real estate market 2012 Part 2
March 3rd, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
Tsunami of Las Vegas foreclosures predicted by Las Vegas real estate analysts for the past 4 years has turned in a bucket full of foreclosures and there is an unprecedented run by Las Vegas real estate investors on Las Vegas homes, condo and townhomes, not seen since 2004-2005 Las Vegas real estate market 2012 Part [...]
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Las Vegas real estate market 2012 Part 1
February 14th, 2012 · No Comments · Invest in Las Vegas real estate, Las Vegas condos, Las Vegas homes, Las Vegas Real Estate
How Las Vegas real estate analysts arrive at their predictions of the future of Las Vegas real estate and why the factors that they fail to account for skews their analysis and predictions. Before I get into the statistics of Las Vegas residential real estate in 2012, I am going to discuss a few important [...]
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