Market update

Las Vegas Market Stats for July

Posted on

 5766 – Number of Residential properties currently on the market 4677 – Number of Properties that came on the market last month 4362 – Number of properties that went under contract last month 4378 – number of properties that closed escrow last month 34 – Average days on the market for those that closed 13,575 […]

Share
Personal Notes

Lousy agents…

Posted on

  Yes, I’ve ran into not just a few, but many out here in Las Vegas.  Hey, they won’t return your phone calls, don’t feel bad, they won’t return mine either.  I always recommend having 3 options, that way you never feel pressured into a bad deal and can walk into a back up.  You […]

Share
REO

REO update

Posted on

  I had an Open House this week on a property that is listed on hubzu.com for a starting bid of $234,000 and my MLS listing was for $287,260.  The site says it will end the action if you are willing to pay $282,000.  These numbers sound a bit confusing but I’m sure that once […]

Share
Rentals

349 Orchid Oasis Ave, Las Vegas

Posted on

  I had an open house this last Saturday at the subject property and it kind of reminded me the last time Vegas Valley properties seemed cheap.  This property is listed for $215k and would rent for $1400 per month all day long which if I do my math correctly is 7.8% cap rate per […]

Share
Personal Notes

My New Office BERKSHIRE HATHAWAY Home Services – Nevada Properties –

Posted on

  After much thought and consideration, I’ve decided to make a change that I know will greatly affect the service that I can now provide to my clients in the Las Vegas Valley area.  BHHS is on the cutting edge of the Real Estate market here in Las Vegas and is a clear leader in […]

Share
Rentals

The Rental Market is Hot here in Las Vegas

Posted on

If you’re a landlord here in Las Vegas and your property has not rented in the last 60 days, then it might be that your property is not up to par with other rentals in the area.  If the property is clean, fresh paint, and new carpet chances are your property will be rented the […]

Share
Market update

February Housing Market Report for Las Vegas

Posted on

  Looking at the price data the average days on the market until an offer is accepted is 41 days for the month of February which tells me that we have a healthy housing market here in the Las Vegas Valley area.  The average price increase from last year is 8.3% with the number of […]

Share
Personal Notes

The Beginning…

Posted on

I hope to make this site informative as well as interesting.  My market incites will be from my own observations, boots on the ground, and not from others that live outside the Las Vegas Valley area.  I think I know where I would like to take this site too but I’m sure this will change […]

Share