Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate)
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. More homes available for rent (higher supply) and less renters (lower demand.) Units Leased:
Average Monthly Rental Rates:
Median Monthly Rental Rates:
Absorption Rate has moved upwards a little from last
month and remains a Landlord's Market at 2.8 months of
inventory in the Rental Sector for the Las Vegas Valley.
How to check to see if the home you are renting is in default If you own a home that needs to be rented out and would like to have a full time, licensed and permitted property manager contact you please fill out this form or call 702-966-2494 and press option 0
copyright 2006-2013 Renee
Burrows, REALTOR®, Savvy Home
Realty Solutions 702-966-2494 Blog Disclaimer Important Notice
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