Las Vegas Area "Communities At a Glance" Real Estate Market Report for November 2011 What is Absorption Rate? Absorption rate is basically a report of inventory amounts & trends. It is important for placing offers, pricing new listings and in general understanding where the market is heading. I
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01/13/2012
Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing. Asset managers for R
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01/13/2012
Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. Mo
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01/11/2012
Silverado Ranch November 2011 Real Estate Resale Market Report (Homes For Sale, Pending, Sold): Listings (12/15/2011): 121 Under Contract (12/15/2011): 185 Sold November 2011: 46 Since last month: Listings are DOWN -19, Under Contract DOWN -14, Sales are DOWN -17. The Silverado Ranch Area is Cur
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01/11/2012
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084). There are 1829 homes in Sun City Aliante ranging from 1157-2
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01/11/2012
Foreclosure/Short Sale Listings (12/15/2011): Total Listings 11239; Short Sales: 5272, 47% of all listings; Bank Owned Listings: 2279, 20% of all listings. Short sale and REO listings consume 67% of total listings New Home Sales (November 2011, units sold): 356 Year Change -6.8% (excl condo co
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01/11/2012
Desert Shores November 2011 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold): Listings (12/15/2011): 42 Under Contract (12/15/2011): 63 Sold November 2011: 25 Since Last Month: Listings are DOWN -8, Pendings are DOWN -2, Sold Units are UP +4 For Current and Past Desert Shore
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01/10/2012
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. Sun City Anthem is located in the Anthem Area of Henderson, NV (zip 89052 and 89044). There are 7312 Homes in Sun City Anthem ranging from 1080-4
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01/09/2012
Mountain's Edge November 2011 Real Estate Resale Market Report: Listings (12/15/2011): 210 Under Contract (12/15/2011): 310 Sold November 2011: 87 Since Last Month: Listings are DOWN -48, Pendings are DOWN -23, Sales are DOWN -5 Last Month's Mountain's Edge Market Report View Mountain's Edge Hom
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01/08/2012
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. Siena (Sun Colony, not a true "Sun City" but appropriate age restricted community for this report) is located in the Summerlin Area of Las Vegas
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01/08/2012