ARCHIVED BLOG POSTS
2009
Las Vegas Area September 15, 2009 Active Listings by Type REO: 2379 (22%) Short Sale: 4718 (43%) All Other: 3921 (35%) August 2009 Sales by Type: REO: 2874 (72%) Short Sale: 491 (12%) Other: 627 (16%) This is just a guide for consumers to see what types of properties are closing vs what i...
09/25/2009
Welcome Home to SW Las Vegas Communities: Morgyn Ridge Condos Morgyn Ridge Condominiums is a gated community in Southwest Las Vegas near the corner of Durango & Russell. While it appears to not be close to much of anything but desert on the map, Russell Road is now connected and residents can...
09/25/2009
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Designing your product for monetization first, and people second will probably leave you with neither. Tara Hunt, HorsePigCow, 07-12-06
09/21/2009
Summerlin August 2009 Real Estate Resale Market Report: Listings (9/15/2009): 690 Under Contract (9/15/2009): 607 Sold August 2009: 160 Month's Inventory: 4.3 Absorption is slightly higher than Las Vegas Valley. Since Last Month's Report: Listings DOWN -18 Pendings UP +16 Sold Units DOWN -1...
09/21/2009
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Tips for First-Time Home Buyers A year after the financial collapse of 2008, the housing market is very different than it was before the foreclosure crisis.Here are a few bits of wisdom for anyone contemplating a home purchase today: Old-fashioned basics are more important than ever. The safest w...
09/18/2009
Desert Shores August 2009 Real Estate Resale Market Report: Listings (9/15/2009): 72 Under Contract (9/15/2009): 97 Sold August 2009: 12 Month's Inventory: 6 Since Last Month: Listings are UP +2, Pendings are STAGNANT, Sold Units are DOWN -13 This market has moved from a seller's market to...
09/18/2009
Las Vegas, NV Area August 2009 Pendings Report: Inventory Still Going Down, Pendings Still Going UP!
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The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year! Absorption for August 2009 is a seller's market @ 2.8 months of inventory (slight rise from last month, seeing some micros inch up with inventory!) Some micro-markets (ie,For...
09/18/2009
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Nevada Trails July 2009 Real Estate Resale Market Report (Homes For Sale, Pending, Sold): Listings (9/15/2009): 21 Under Contract (9/15/2009): 49 Sold August 2009: 8 Month's Inventory: 2.6 Since Last Month: Listings are UP +3, Pendings are DOWN -3, Sales are UP +1. Last Month's Nevada Trai...
09/18/2009
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Mountain's Edge August 2009 Real Estate Resale Market Report: Listings (8/152009): 176 Under Contract (8/15/2009): 359 Sold July 2009: 63 Month's Inventory: 2.8 Since Last Month: Listings are DOWN -6, Pendings are UP +2-, Sales are DOWN -16 Last Month's Mountain's Edge Real Estate Market R...
09/18/2009
The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Absorption still remains high BUT has recently moved under the 1 year mark. Solds have FINALLY gone from hovering the 200 unit mark and went over the 400 mark. I see improvement in this sector! Inventory ha...
09/18/2009