Is That a Light at the End of the Las Vegas NV Tunnel?

Here is a weekly Las vegas NV real estate snapshot of the market by Tim Kuptz Inspiration Officer for RE/MAX Advantage Las Vegas Nevada.  Tim enjoys pursuing and sharing the best business practices across the United States and sharing them with the agents who call RE/MAX Advantage Las Vegas NV home. Here is Tim's Las Vegas real estate snapshot of the week.

The Pending Index moves up to 80! Another week (that makes 2 consecutive) of increased pending sales in the market. How good is this news? Again too soon to really tell but considering we are entering the 2 slowest months of our market (historically), positive movement in pending sales might suggest some new interest in the market. Recent home sale events offered by new home builders offered up to 20% discounts on new homes purchases. We expected a vacuum effect ...

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