glvar: Las Vegas existing home sales continue to improve in July - 08/08/08 07:03 PM
For avid real estate market observers in Southern Nevada the recent news from GLVAR, or Greater Las Vegas Association of Realtors, were for the most part positive. In the July statistics it just published two out of the three more important categories the figures are kind of easy on the eye. … (6 comments)
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glvar: Southern Nevada home sales increase again in June - 07/10/08 11:05 PM
Las Vegas homeowners and would-be buyers are anxiously keeping an eye on the local real estate market. Homeowners want to see the price slide to finally come to halt as they've already lost a large chunk of equity during the last few years. Prospective buyers are trying to gauge when the … (6 comments)
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glvar: Super-luxury housing market still strong in Las Vegas - 06/13/08 11:44 PM
This sector seems to have it all figured out. It's generally considered to include homes that go for upwards from $3 million at which level buyers seem to be little concerned about where the Las Vegas real estate market is, what mortgage rates are doing or how the national economy is … (4 comments)
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glvar: Southern Nevada housing market moving cautiously forward - 06/10/08 09:03 PM
The air brakes were applied a while back to make an honest attempt to arrest the steady slide of the real estate market here in Las Vegas. The road down looked long and straight and ominous. At last, for the most part the pump action seems to be now working. The downward momentum … (4 comments)
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glvar: High-rise condo market slows in Las Vegas - 06/07/08 07:20 PM
Now that the high-rise condominium sector is sort of officially pronounced also soft, this then more or less covers the entire residential real estate spectrum in Las Vegas that has gone mellow, from the single-family house to the condo-hotel. It looked for a while that the luxury end of the condominium … (6 comments)
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glvar: At last, positive signs in housing. April data show inventory steady, sales up for LV! - 05/09/08 02:11 PM
May. 07, 2008 Copyright © Las Vegas Review-Journal At last, positive signs in housing April data show inventory steady, sales up for LV
By HUBBLE SMITH REVIEW-JOURNAL
Housing in Southern Nevada
For the first time since September 2005, sales of single-family homes in Las Vegas rose from the same … (1 comments)
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glvar: Las Vegas housing market gradually improving - 05/08/08 09:25 PM
As the spring advances toward summer, the Southern Nevada real estate scene continues to show signs of slow improvement. The long-expected recovery is still fragile and is in its early stages, so it'll be a while before things return to a more balanced market environment. The mortgage industry, despite its own … (2 comments)
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glvar: Good Signs in the Market - 05/06/08 12:40 PM
Local housing statistics for April 2008
GLVAR reports fourth straight month of increased local home sales
Local housing statistics released today by the Greater Las Vegas Association of REALTORS® (GLVAR) show that the number of homes sold in Southern Nevada increased for the fourth straight month, while local home prices decreased … (2 comments)
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glvar: Southern Nevada real estate market warming up - 04/10/08 11:26 PM
March was a promising month for Las Vegas residential real estate. Spring is here and people are finally starting to believe that now is probably as good a time to buy a home as any. Mortgage rates continue to be under 6%, meaning that the finance end is still favorable, and … (6 comments)
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glvar: Las Vegas housing market report mixed - 03/15/08 04:54 PM
Southern Nevada residential real estate market is actively seeking a solid foundation to stand on. Some of its more meaningful components are either moving up a little or heading down a bit, instead of going steadily in either direction. The positive thing is that the shifts now are minor which usually … (8 comments)
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glvar: Las Vegas resale house inventory stable - 02/17/08 12:04 PM
Single-family home inventory for January stayed flat, announced Greater Las Vegas Association of Realtors or GLVAR, after having declined gradually for four successive months. That can still be categorized as positive news on account it didn't go higher. The market appears to be firming up, possibly managing in the coming months … (10 comments)
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glvar: Las Vegas single-family house inventory drops again - 01/11/08 08:44 PM
For the local real estate market the new years starts with some rare positive news. The Greater Las Vegas Association of Realtors, or GLVAR, released its December statistics and they show that the single-family house inventory in the MLS decreased to 22,005, a drop of 1,489 units from November.
Some may argue … (8 comments)
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glvar: Vegas housing market about to pick up? - 12/14/07 11:47 PM
A lot of attention has lately been directed toward the mortgage industry where lenders continue to struggle with rising foreclosures and try to keep their balance sheets somewhat respectable. Washington also announced an interest rate freeze plan that on the outset received proper headlines, but on closer scrutiny it appears to … (10 comments)
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glvar: Las Vegas housing market soft in October - 11/09/07 07:54 PM
Anyone who follows the residential real estate market here anticipated pretty much what the official figures from October are now telling us. It's still soft out in the field and any sustainable improvement seems to be at least a few months away since we are now heading into the heart of … (2 comments)
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glvar: Las Vegas REALTORS®: Sharpen Your Short Sale Skills - 11/02/07 12:40 PM
With the proliferation of distressed home sellers in the Las Vegas real estate market REALTORS® are adjusting to a new reality -- a buyer's market. Is this really new news? Las Vegas REALTORS® have had since spring 2006 to adjust so what in the market is "new" to them? In … (0 comments)
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glvar: Vegas housing market on the mend? - 09/15/07 06:13 PM
Southern Nevada real estate market has been battling a bad headache for a good while and weary industry experts are wondering when it might right itself. There are some positive signs now that the slide may be slowing down, and maybe even coming to a halt. Wouldn't that be something to … (2 comments)
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glvar: GLVAR Reported Increase in Las Vegas Listings - 08/09/07 01:06 AM
GLVAR Reported Increase in Las
Vegas Listings
Las Vegas home owners are still putting
there homes up for sale despite slow sales and declining prices. The Las Vegas
inventory of homes is 24,087 listings with an increase 18.8 percent from
last year. Sales have decreased by 34 percent … (0 comments)
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glvar: Las Vegas home inventory grows - 07/10/07 11:23 AM
In some circles this was cautiously anticipated. Now it's the cold reality. The Greater Las Vegas Association of Realtors, or GLVAR, released its monthly report yesterday and it shows single-family house inventory climbing to 23,642, a new record. It topped the prior peak of 23,474 that was reached in October of … (2 comments)
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glvar: Las Vegas real estate at risk - 06/20/07 11:31 AM
The media has been on the story for months now that the Southern Nevada real estate market is soft. The statistics from GLVAR and local research firms are backing that claim up. That is the truth. We in the industry know it, too. In short, it's fundamental economics, meaning too much supply … (0 comments)
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glvar: Vegas home inventory grows - 06/08/07 11:40 AM
Lately there have been signs that the real estate market is about to turn the corner and start heading up again. Although that has been mostly on the national level, economic fundamentals here in Las Vegas still look good, too, except for the residential construction sector. For a solid housing recovery, we … (0 comments)
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glvar: Real estate stats weak in April - 05/08/07 02:06 PM
The spring housing market continues to disappoint just about everyone involved in residential real estate. GLVAR turns in its monthly report for April and we see that home listings are up by 4.5% from March, to 22,242. This means that we are slowly approaching last fall's all time high. But it … (2 comments)
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