Author Archives: Forrest

Las Vegas Market Update – January 2012

New Property Management Permit Course! First, I am going to shamelessly plug Americana’s Pre-Licensing Property Management Permit course that was recently approved by the Nevada Real Estate Division. Registration is now open. Just click here to view the course and/or … Continue reading

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Las Vegas Market Update – December 2011

New Property Management Permit Course! First, I am going to shamelessly plug Americana’s Pre-Licensing Property Management Permit course that was recently approved by the Nevada Real Estate Division. Registration is now open. Just click here to view the course and/or … Continue reading

Posted in Market Stats, MLS, political | Leave a comment

Las Vegas Market Update – November 2011

New Property Management Permit Course! First, I am going to shamelessly plug Americana’s Pre-Licensing Property Management Permit course that was recently approved by the Nevada Real Estate Division. Registration is now open. Just click here to view the course and/or … Continue reading

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Las Vegas Market Update – October 2011

The Current Las Vegas Market Single family residential (SFR) closings for September were down 12.5% from August but up 15.5% from September 2010.  Total year-to-date closed units are up just over 10% from this time last year.  Short sale closings … Continue reading

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Las Vegas Market Update – September 2011

Summer Heat Only Steamed the Sales! Single family residential (SFR) closings for August were up over 17% from July and up more than 31% from August 2010.  Short sale closings were up 25% from July as we continue to see … Continue reading

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Las Vegas Market Update – August 2011

Some Good – Some Bad – Some Changes! Single family residential (SFR) closings for July were down by nearly 13% from June but up 7% from July 2010.  This is the result of more closings for traditional listing and an … Continue reading

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Las Vegas Market Update – July 2011

Summer Activity is Heating Up! Single family residential (SFR) closings for June were nearly 17% better than May and up 8% from June 2010. The median sales price of an SFR improved to $124,500.  SFR closings for the 2nd QTR … Continue reading

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Las Vegas Market Update – June 2011

Let’s Talk Inventory! Single family residential (SFR) closings for May were nearly 1% better than April and 7.6% up from May 2010. The median sales price of an SFR improved to $126,000.  Overall inventory held steady, but available REO inventory … Continue reading

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Safely Navigating the Las Vegas Real Estate Market

Does it seem like we encounter more “third parties” than first and second parties in today’s transactions? Are they all looking for a piece of your commission? Do banks and many of these “third party” companies hide behind Federal laws … Continue reading

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Las Vegas Market Update – May 2011

Happy Mother’s Day Weekend! Single family residential (SFR) closings for April were down 9%from March but 4.5% better than April 2010. The median sales price of an SFR dipped further to $125,000.  Yet, the average closed sales price increased slightly … Continue reading

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