Video Transcript: Rocketing prices in a strange Las Vegas real estate market

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Video Transcript: This is the video transcript of rocketing prices in a strange Las Vegas real estate market video, to see the post with embedded video please click here Before we discuss the Las Vegas real estate market for June 2017 here are some mind-boggling homes, condos, and townhomes median price appreciation since January 2016 and January 2017. [table id=46 /] The median price of Las Vegas homes is up by 15.2% from January 2016 and 6.4% from January 2017. But when it comes to townhomes their median price has appreciated by 23.3% from January 2016 and 13.5% in the past 5 months. The median price of Las Vegas condos is up by an eye-popping 30% from January 2016 and 19% since January this year. In the rest of this …

Video Transcript: Las Vegas high rise condos appreciation rates since recovery

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This is the video transcript of Las Vegas high rise condos appreciation rates since recovery-video To watch the video please click Las Vegas high rise condos appreciation rates since recovery-video In this video, we will talk about Las Vegas high rise condos median price appreciation rate since the recovery of 2011. This way we show how each individual tower has performed and the margins are wide, from 76.7% for the best appreciating tower to 11.3% for the two condo hotel projects. Given that past performance is the best measure of future performance, towers that have appreciated best so far will probably do better than those that have not. [table id=36 /] As we discussed in the overview of Las Vegas high rise condo market in 2017-video, the median price of high rise condos …

Buying Las Vegas homes in July could cost 10% more than now-Video

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Why buying Las Vegas homes in July could cost 10% more than February 2017 in the one of the tightest Las Vegas housing markets ever Waiting on buying Las Vegas homes until summer when kids are out of school could cost the buyers at least 10% more than February 2017. In this video, we will show that historically the median price of Las Vegas homes for sale start to appreciate in February and stop appreciating in June. Then, home prices stay in a narrow range until the end of the year and actually going down a bit in December. But 2016 was a little different and there was a significant gain in the median price of Las Vegas homes in November and again in January 2017. In this video we …

Video Transcript: Buying Las Vegas homes in July could cost 10% more than now

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This is the video transcript of buying Las Vegas homes in July could cost 10% more than now video with all embedded data Click here to see the video We are willing to bet that most home buyers don’t know that buying a home in Greater Las Vegas in July, when schools are out could cost them about 10% more than if they bought it in February 2017. To show why we discuss: 1: Inventory of active Las Vegas home listings in the MLS is down sharply in the past few months in a very tight Las Vegas housing market. Listings that are not under contract are called active listings. 2: We show the median price of Las Vegas houses versus sales activity for 2014, 2015 and 2016 to show …

Overview of Las Vegas high-rise condo market in 2017-Video

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Las Vegas high-rise condo market in 2017 is a buyer’s market In the Las Vegas high-rise condo market in 2017, we have decided to only include high-rise buildings that are taller than 12 stories. Greater Las Vegas Realtor Association mixes regular condominiums and high-rise condominium towers in their Las Vegas real estate market reports and provides one median price for all which is useless in both cases. We have tried to fix this by only discussing only the 21 true high rise projects.  You can find their name in the left column of our interactive Las Vegas high-rise and mid-rise luxury condominium map. True high-rise towers are shown with a star, City Center Veer Towers, Vadara and Residences in Mandarin Oriental Hotel are shown with tear drops and luxury mid-rise …

Video transcript: Overview of Las Vegas high-rise condo market in 2017

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This is video transcript of Overview of Las Vegas high-rise condo market in 2017 video In Overview of Las Vegas high-rise condo market in 2017 we discuss: 1: The active inventory of Las Vegas high-rise condos for sale listings in the MLS that are not under contract 2: Number of foreclosure and short sale high-rise condominium listings 3: Median sales prices of Las Vegas high rise condo towers from 2011 to 2016 4: Big discrepancy between median asking list and median sales prices 5: Why high-rise condos prices haven’t been increasing 6: Conclusion Please note that in order to separate true towers from mid-rise luxury condos in Las Vegas; we call buildings that are taller than 12 stories high-rise and shorter than 12 stories mid-rise. This market report is concerned …

Overview of Las Vegas real estate market in 2017-Video

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Our prediction for Las Vegas real estate market in 2017 is that it should be like 2016, except a bit stronger. The inventory of Las Vegas homes, condos and town homes in the Las Vegas MLS has been decreasing for the past couple of years and has reached the lowest levels. This along with increasing sales numbers has resulted in the increasing median sale prices, especially for condos and townhomes which are up by an incredible 20%. We explain why this happened and why we expect prices to increase further in 2017. The reason that Las Vegas housing market should be better than 2016 is that banks are loosening lending restrictions and there are even discussions about Freddie Mac planning to buy subprime notes. The fact that the median sales …

Video Transcript: Overview of Las Vegas real estate market in 2017

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This is a video transcript of overview of Las Vegas real estate market in 2017 In Overview of Las Vegas real estate market in 2017 video, we will discuss 1: Decreasing inventory of Las Vegas homes, condos, and town homes listings that are listed in the Las Vegas MLS. 2: Significant increase in sales activity for homes and especially condos and town homes. 3: The effect of decreasing inventory of active listings and increasing market activity on the median sales prices of Las Vegas houses, condominiums and townhomes median sales prices, especially for condos and townhomes. 4: Median days on the market for lower priced homes versus homes that are priced above $425,000 which is the conventional loan limit to show that competition for luxury homes is not as fierce …

Video Transcript: How is the Las Vegas real estate market affecting buyers and sellers?

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To see the original blog and video please click on the link in the bottom of the page. Video duration: 10:05 Low inventory of Las Vegas home and condo listing in appreciating Las Vegas real estate market Our Las Vegas real estate market videos are one of the most comprehensive and accurate Las Vegas housing market reports available online. We not only tell you what is happening but why it is happening. But this time, Instead of telling you why, I am going to tell you how these market reports impact Las Vegas homes, condos and townhomes buyers and sellers. This is why you are watching these after all. We sound like a broken record, repeating the same thing over and over again, and it is inventory is very tight …

Las Vegas real estate market, housing September 2016 video

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Very low inventory of Las Vegas homes and condo listing in the current Las Vegas real estate market So far we have been telling you what is happening in the Las Vegas real estate market for housing and why it is happening. However, in this blog and video, we will explain how the statistics that we discuss in the Greater Las Vegas real estate market affect homes, condos and townhome buyers and sellers. Forget what you read in the news that our housing market has reached normal levels. There is nothing normal about the active inventory of Las Vegas condos and townhomes for sale listings in the Las Vegas MLS dropping to 2.3 months of active inventory. Or the inventory of Las Vegas homes for sale that is priced below …