Greater Las Vegas homes for sale buying guide

About Greater Las Vegas homes for sale

Greater Las Vegas homes for sale buyers can choose from a wide variety of homes to buy, from old fixer uppers to multi million dollar ultra-luxury houses.

Greater Las Vegas homes for sale listings

Year built versus location

Generally speaking, houses become newer as you move away from Las Vegas Boulevard (Strip) and toward the 215 Beltway. Units built closer to the Strip and I-15 have been built in 1950s-1970s, and are mostly one story and have a large yard.

Tract homes that were built in the 1980s to late 1990s offer medium sized yards and are generally located inside the 215 beltway. Houses built after 2000 are generally located near or outside the 215 beltway and generally have smaller yards than older houses. As for zero lot homes, even though they are good investment properties, we advise against them because they will not appreciate as well as houses with bigger yards. In the real estate crash, many of these were foreclosed on and purchased by investors and turned into rental properties.

Las Vegas luxury homes for sale

Las Vegas is peppered with highly upgraded luxury houses and some can be found in lower income areas. However, newer luxury units are being built in Master Planned communities of Summerlin, Anthem, Rhodes Ranch and Seven Hills. We have conducted an in-depth study of the Las Vegas luxury home market that is unique to this site and you will find it invaluable if you are planning to buy one.

In this report, we show that contrary to recent hype about the Raiders moving here we fail to see any effect on the market so far.

Las Vegas housing market updates

We pay no attention to Las Vegas housing market reports that are published by our Realtor Association and you, in turn, read in news articles.

“The median price of local condos and townhouses sold in May was $137,950, up 12.2 percent from April and up 15.1 percent from May 2016”!!!

The darn thing is just wrong, the median price of townhouses and condos didn’t appreciate by 12.2% from the previous month and the right number is 6.2% additionally it is up by 20% from the past May.

We publish the most accurate housing market updates because we do our own research which is only concerned with our valley only.  The median price of houses has more than doubled since 2012. However, price gains do not apply to all price ranges and the rate of appreciation for units goes down as pricing increases.

Home buying tutorials

In home buying tutorials we guide you through the buying process. Obviously, the starting point is a realistic example of is it better to buy or rent a home in Las Vegas-video? Then, searching the MLS for home listings guide, financing mortgage and making offers video tutorials and finally the escrow process to close the deal.

Nevada first time home buyers programs

It is still cheaper to pay a mortgage for the house than renting it. One of the biggest obstacles to home ownership is lack of down-payment or needing help with the interest rate. In Nevada first time home buyer programs and grants we provide a full explanation of qualifying criteria as well as benefits. Nowadays, there are programs available for non-first time buyers as well as those who make more than allowed for government programs.

Greater Las Vegas homes for sale buying guide was last modified: September 25th, 2017 by masouds