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property: Analyzing Market Data For Reliable Conclusions & Predictions
- 02/27/15 07:34 AM
THE BIG PICTURE: Analyzing Market Data to arrive at conclusions & predictions
Residential real estate markets do not exist by themselves. They exist as a segment of a region’s overall economy. This is why any worthwhile analysis of a real estate market is really just an analysis of the regional economy, with a focus on the real estate market. Anything less, is just crap…worthless to a savvy and intelligent investor.
In other words, trying to interpret and predict real estate market trends without a full understanding of local, regional, national and worldwide economic issues and trends, will give … (1 comments)
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property: LUXURY LAS VEGAS ISN’T THE ANSWER!
- 02/25/15 08:23 AM
LUXURY LAS VEGAS ISN’T THE ANSWER!
Las Vegas may look like a luxury town to outsiders and people focusing on what they can see from the Strip, but the reality is that the Las Vegas residential real estate market has been, and will continue to be driven, not by the Wynns and Adelsons, but by the people that serve them dinner and park their cars.
My friend Keith Lyman, president of the Greater Las Vegas Association of Realtors, has been repeatedly quoted in various articles and reports, that the Las Vegas residential market “has been buoyed by the high-end … (5 comments)
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