Category Archives: MLS
Las Vegas Market Update – March 2011
February Makes Gains Over January and Last Year! Single family residential (SFR) closings for February were up 3.3% from January and 8.8% better than February 2010. The median sales price of an SFR also improved by just over 2% to … Continue reading
Las Vegas Market Update – January 2011
How Did the Las Vegas Market Fare in 2010? 2010 ended up being a stellar year for closings with only 2009 and 2004 being slightly better. Demand remains strong despite the expiration of the first time home buyers tax credit. … Continue reading
Las Vegas Market Update – December 2010
A Visual Look at How the Las Vegas Market has Changed! It’s so interesting to listen and read all of the national pundits that take nationwide data to proclaim how grim the Las Vegas market is and how much more … Continue reading
November Market Update * Shelter Mortgage Updates
NEW Mortgage CE Class! First, I want to announce a new CE class that was recently approved by Shelter Mortgage! The new “Mortgage Financing in a New Age” class will be launched Wednesday, November 10, 2010 in the Summerlin office … Continue reading
Las Vegas Market Update – October 2010
Bank of America announced a moratorium on forecloses effective October 9, 2010. Single family residential (SFR) closings declined by 13 units from August sales but were down 552 units or (-16.4%) from September 2009. Median sales prices have fluctuated between … Continue reading
April Mid-Month Market Update
Let’s begin with the fact that REO closings have dropped to only 44% of April closings while Short Sale closings make up 26% of April closed sales and Classic closing comprise a resounding 30%. However, the most significant single market … Continue reading
Las Vegas Housing Stats – January 2010 Update
January 2010 Shows Improvement over January 2009 Single Family Residential closings for January 2010 totaled 2608 which is a 17% increase over January 2009. Additionally, townhomes and condos saw added 594 closings which respresent a 35% increase over the same period in 2009. The availability … Continue reading
Las Vegas Housing Stats – 2009 Wrap-Up
2009 Resale Closings Hit Their Mark! Total Single Family Residential closings for 2009 totaled 38,127 which is a 53% increase over 2008. Additionally, townhomes and condos saw another 8752 closings which respresent a 137% increase over 2008. In fact 2009 … Continue reading
Las Vegas Housing Stats – November 2009 Update
Resale Demand Remains High! The availability of bank-owned listings increased slightly in November as there are now just over 2200 available listings in the Greater Las Vegas area. Short sale listings have also increase to nearly 4500. However, there are nearly 3900 available … Continue reading
Las Vegas Housing Stats – October 2009 Update
A Strong Start to the 4th Quarter of 2009 ! The availability of bank-owned listings has dipped while available short sale listings continue their decline. Demand remained very strong in the current market for October. REO listings have dropped to around 2100 … Continue reading
